PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XMU.TO vs. MSTR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XMU.TO vs. MSTR

Last updated Jun 14, 2026

XMU.TO (iShares MSCI Min Vol USA Index ETF) is Large Cap Blend Equities fund tracking the MSCI USA Minimum Volatility Index, while MSTR (Strategy Inc) is a stock. Over the past 10 years, XMU.TO returned 9.36%/yr vs 21.96%/yr for MSTR. At a 0.21 correlation, their price movements are largely independent.

Performance

XMU.TO vs. MSTR - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares MSCI Min Vol USA Index ETF (XMU.TO) and Strategy Inc (MSTR). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

XMU.TO is traded in CAD, while MSTR is traded in USD. To make them comparable, the MSTR values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XMU.TO achieves a 3.97% return, which is significantly higher than MSTR's -16.76% return. Over the past 10 years, XMU.TO has underperformed MSTR with an annualized return of 9.36%, while MSTR has yielded a comparatively higher 21.96% annualized return.

XMU.TO

1D
0.63%
1M
2.85%
YTD
3.97%
6M
0.45%
1Y
3.60%
3Y*
10.38%
5Y*
7.92%
10Y*
9.36%

MSTR

1D
3.37%
1M
-28.86%
YTD
-16.76%
6M
-28.74%
1Y
-66.73%
3Y*
65.91%
5Y*
22.63%
10Y*
21.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XMU.TO vs. MSTR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XMU.TO
iShares MSCI Min Vol USA Index ETF		3.97%-0.80%22.08%6.68%-3.58%17.10%3.13%20.92%9.19%10.94%
MSTR
Strategy Inc		-16.76%-49.93%397.36%335.54%-72.35%40.06%165.95%7.05%5.48%-37.99%

Correlation

The correlation between XMU.TO and MSTR is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.09

Correlation (3Y)
Calculated over the trailing 3-year period

0.12

Correlation (5Y)
Calculated over the trailing 5-year period

0.18

Correlation (10Y)
Calculated over the trailing 10-year period

0.21

Correlation (All Time)
Calculated using the full available price history since Jul 31, 2012

0.21

The correlation between XMU.TO and MSTR shifts across timeframes, from 0.09 (1 year) to 0.21 (10 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Min Vol USA Index ETF

Strategy Inc

Often compared with XMU.TO:
XMU.TO vs. ZLU.TOXMU.TO vs. XMV.TOXMU.TO vs. XMS.TOXMU.TO vs. VFV.TOXMU.TO vs. XIT.TOXMU.TO vs. SMMVXMU.TO vs. XST.TO
Often compared with MSTR:
MSTR vs. BTC-USDMSTR vs. MSTYMSTR vs. TSLAMSTR vs. COINMSTR vs. MSTUMSTR vs. MARAMSTR vs. STRC

Return for Risk

XMU.TO vs. MSTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XMU.TO
XMU.TO Risk / Return Rank: 1414
Overall Rank
XMU.TO Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
XMU.TO Sortino Ratio Rank: 1313
Sortino Ratio Rank
XMU.TO Omega Ratio Rank: 1313
Omega Ratio Rank
XMU.TO Calmar Ratio Rank: 1414
Calmar Ratio Rank
XMU.TO Martin Ratio Rank: 1313
Martin Ratio Rank
MSTR
MSTR Risk / Return Rank: 88
Overall Rank
MSTR Sharpe Ratio Rank: 66
Sharpe Ratio Rank
MSTR Sortino Ratio Rank: 44
Sortino Ratio Rank
MSTR Omega Ratio Rank: 77
Omega Ratio Rank
MSTR Calmar Ratio Rank: 88
Calmar Ratio Rank
MSTR Martin Ratio Rank: 1313
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XMU.TO vs. MSTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Min Vol USA Index ETF (XMU.TO) and Strategy Inc (MSTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

XMU.TOMSTRDifference
Sharpe ratioReturn per unit of total volatility
0.30
-0.94

+1.24

Sortino ratioReturn per unit of downside risk
0.48
-1.67

+2.15

Omega ratioGain probability vs. loss probability

1.06

0.82

+0.24

Calmar ratioReturn relative to maximum drawdown

0.36

-0.87

+1.23

Martin ratioReturn relative to average drawdown

0.75

-1.26

+2.02

XMU.TO vs. MSTR - Sharpe Ratio Comparison

The current XMU.TO Sharpe Ratio is 0.30, which is higher than the MSTR Sharpe Ratio of -0.94. The chart below compares the historical Sharpe Ratios of XMU.TO and MSTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

XMU.TO vs. MSTR - Drawdown Comparison

The maximum XMU.TO drawdown since its inception was -27.31%, smaller than the maximum MSTR drawdown of -88.54%. Use the drawdown chart below to compare losses from any high point for XMU.TO and MSTR.

Loading charts...

Drawdown Indicators

XMU.TOMSTRDifference

Max Drawdown

Largest peak-to-trough decline

-27.31%

-88.54%

+61.23%

Max Drawdown (1Y)

Largest decline over 1 year

-8.45%

-76.61%

+68.16%

Max Drawdown (3Y)

Largest decline over 3 years

-10.97%

-77.88%

+66.91%

Max Drawdown (5Y)

Largest decline over 5 years

-20.59%

-82.65%

+62.06%

Max Drawdown (10Y)

Largest decline over 10 years

-27.31%

-88.54%

+61.23%

Current Drawdown

Current decline from peak

-3.80%

-73.80%

+70.00%

Average Drawdown

Average peak-to-trough decline

-4.55%

-34.28%

+29.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.07%

52.76%

-48.69%

Volatility

XMU.TO vs. MSTR - Volatility Comparison

The current volatility for iShares MSCI Min Vol USA Index ETF (XMU.TO) is 2.36%, while Strategy Inc (MSTR) has a volatility of 21.41%. This indicates that XMU.TO experiences smaller price fluctuations and is considered to be less risky than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XMU.TOMSTRDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.36%

21.41%

-19.05%

Volatility (6M)

Calculated over the trailing 6-month period

8.10%

57.34%

-49.24%

Volatility (1Y)

Calculated over the trailing 1-year period

10.14%

71.35%

-61.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.66%

90.88%

-76.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.08%

73.98%

-56.90%

Dividends

XMU.TO vs. MSTR - Dividend Comparison

XMU.TO's dividend yield for the trailing twelve months is around 1.14%, while MSTR has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
MSTR
Strategy Inc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XMU.TO
iShares MSCI Min Vol USA Index ETF		1.14%1.13%1.19%1.41%1.17%1.09%1.72%1.47%1.51%1.63%1.87%1.46%

Frequently Asked Questions

XMU.TO and MSTR have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for XMU.TO and MSTR

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer