DV
Dividend Vision

Preferred Stock Comparison

SATA vs STRC: Same Preferred Shape, Two Issuers

A head-to-head of Strive Series A preferred and Strategy Stretch preferred covering issuer, coupon design, and seniority.

Updated November 4, 2026

How these figures are calculated: methodology.

Best for

  • SATAInvestors who want higher current income (14.68% vs 0.96% for STRC).
  • STRCInvestors who want the steadier, bond-like income of a preferred security.

Jump to the side-by-side numbers

Price and total return

Compare the same available dates. Add a ticker or benchmark below; these controls change the chart only. The snapshot and article describe the original comparison.

Interactive history loads here. The snapshot and period returns remain available when chart history cannot be loaded.

Distribution Safety Score

An estimate of distribution reliability, not price or principal safety, a probability, or a guarantee. Score methodology.

SATA

44/ 100

Caution

Limited data

STRC

63/ 100

Generally safe

Limited data

Score snapshot as of . Method 1.11.

Side-by-side snapshot

Side-by-side snapshot. Each row is one metric; each column is one fund.
MetricSATASTRC
Full nameStrive, Inc. Variable Rate Series A Perpetual Preferred StockStrategy Variable Rate Series A Perpetual Stretch Preferred Stock
IssuerStriveStrategy Inc.
Last Close$98.00 as of November 4, 2026$99.98 as of November 4, 2026
Distribution rate14.68%0.96%
Trailing 12-month yield12.81%12.04%
Distribution Safety Score™ 4463
Safety-Adjusted Yield 6.46%0.60%
Expense ratio——
AUM——
Distribution frequencyDailySemi-Monthly
Underlying index—Preferred equity security issued by MicroStrategy Incorporated
ObjectiveA perpetual preferred equity security designed to provide regular daily income.Stretch (STRC) is Strategy’s perpetual preferred stock that pays a variable cash dividend twice a month (semi-monthly) — most recently $0.50 per share per payment, an annualized rate of about 12% on its $100 par value. STRC’s dividend rate is reset each month to encourage trading around STRC’s $100 par value and to help strip away price volatility.
Asset classEquityEquity
Inception dateN/AN/A
Last dividend$0.0571$0.04 declared, pays 11/10/2026
Ex-dividend date11/04/202611/09/2026 upcoming

Total returns

100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.

SATA has outpaced STRC over the year to date, posting a 14.62% total return against 11.94%. Figures are total returns: price change plus every distribution reinvested.

Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
SymbolYTD cumulativeSince Nov 2025Volatility Sharpe Sortino Max drawdown
SATA14.62%26.74%24.8%0.801.14-17.1%
STRC11.94%12.73%22.3%0.360.53-24.3%

Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of November 4, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Nov 2025” measures every fund from November 6, 2025 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the shared window since Nov 2025. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the shared window since Nov 2025) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.

Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Bottom lineChoose SATA if you want higher current income (14.68% vs 0.96% for STRC). Choose STRC if you want the steadier, bond-like income of a preferred security.

SATA vs STRC: two variable-rate preferreds

Same security type, different issuers. Coupon design and seniority matter more than a one-date yield.

SATASTRC
IssuerStriveStrategy
SecurityStrive, Inc. Variable Rate Series A Perpetual Preferred StockStrategy Variable Rate Series A Perpetual Stretch Preferred Stock
Distribution rate14.68%0.96%

Income calculator

See how much monthly income a hypothetical investment would generate in each preferred stock at current yields.

Quick verdict

SATA (Strive, Inc. Variable Rate Series A Perpetual Preferred Stock) and STRC (Strategy Variable Rate Series A Perpetual Stretch Preferred Stock) are both dividend-paying preferred stocks, but they take different approaches.

SATA offers the higher yield at 14.68% vs 0.96% for STRC. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

Deep dive

Yield & income

On a $10,000 investment at current distribution rates, SATA would pay about $1,468.00 a year (about $5.83 per daily distribution), while STRC would pay about $96.00 a year (about $4.00 per semi-monthly distribution).

SATA yield14.68%
STRC yield0.96%
Annual cash diff on $10K$1,372.00

Strategy & risk

SATA is a preferred stock built around fixed income exposure, while STRC tracks Preferred equity security issued by MicroStrategy Incorporated with a bitcoin approach.

Security details

SATA (Strive, Inc. Variable Rate Series A Perpetual Preferred Stock) is a preferred stock. STRC (Strategy Variable Rate Series A Perpetual Stretch Preferred Stock) is a preferred stock.

Frequently asked questions

What is the difference between SATA and STRC?

Both are variable-rate perpetual preferred stocks, not ETFs. SATA (Strive, Inc. Variable Rate Series A Perpetual Preferred Stock) is issued by Strive. STRC (Strategy Variable Rate Series A Perpetual Stretch Preferred Stock) is Strategy's Stretch preferred. Distributions are 14.68% and 0.96% as of November 2026. Issuer, coupon design, and seniority matter more than a one-date yield.

What is the current distribution rate for SATA and STRC?

SATA currently distributes 14.68% and STRC 0.96%, based on fund data updated November 2026. Distribution rate moves with both the payout and the share price, so check the as-of date before relying on either figure.

Is SATA or STRC better for dividend income?

It depends on your goals. SATA currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

Can I hold both SATA and STRC?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Is SATA or STRC safer?

By Dividend Vision's Distribution Safety Score — a rules-based 0–100 estimate of how resilient a distribution looks, where higher is safer — STRC scores 63, SATA scores 44, so STRC's payout currently looks the more resilient of the two. No score makes an investment risk-free — treat this as a screening signal, not a guarantee.

How much income does $10,000 in SATA vs STRC generate?

At current distribution rates, $10,000 in SATA would pay about $1,468.00 a year (about $5.83 per daily distribution). $10,000 in STRC would pay about $96.00 a year (about $4.00 per semi-monthly distribution).

Which has performed better historically, SATA or STRC?

SATA has outpaced STRC over the year to date, posting a 14.62% total return against 11.94%. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

More comparisons to explore

Popular comparisons

Dividend dates and history

Learn the method

The metrics behind this comparison, explained in the Academy.

Continue your research

Tracking requires a free account. Account features · Plans.

These comparisons follow the Dividend Vision methodology.