# How Marvell Technology (MRVL) compares with the whole market and its popular alternatives

> Source: EasyCompare research, https://easycompare.io/research/mrvl
> Data as of October 20, 2026. Total returns include reinvested dividends. Past performance does not predict future results; nothing here is investment advice.

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on MRVL alone. It places MRVL (Marvell Technology, Inc.) against 20+ popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken, behavior in real market crashes and diversification. The result is a clearer view of where MRVL stands in the market, and of the alternatives worth a closer look.

Period covered: MRVL's full trading record, from June 2000 through September 2026. The crash tests reach back to 2000 using older funds and the S&P 500. All returns include reinvested dividends. Data as of October 20, 2026.

## Key findings

- **Right now:** MRVL has run far ahead of the market, rising 62.7% over the past 6 months against 9.1% for the S&P 500 and 11.2% for the Nasdaq 100. That said, it is 24.0% below its high, bear-market territory, while the S&P 500 sits 1.3% below a record.
- **Stock or market?:** MRVL held up far better than its industry: it rose 23.4% over the past 3 months while the semiconductors ETF SMH (VanEck Semiconductor ETF) fell 2.2%. The S&P 500 rose 3.9%. Its semiconductor peers did not move as one over the past 3 months: SWKS (Skyworks Solutions) rose 36.0%, while AVGO (Broadcom) fell 11.4%.
- **Past 1 to 3 years:** Over the past year, MRVL rose 181% against 15.8% for the S&P 500 and 17.9% for the Nasdaq 100. The same gap shows up over 3 years (390% against 89.3%).
- **Long term:** MRVL turned $10,000 into $197,000 over the past decade, against $42,100 in the S&P 500. MRVL's 10-year return of 1,874% puts it ahead of 98% of the stocks worth at least $300 million with that much history. The S&P 500 returned 321%.
- **In a crash:** MRVL fell harder than the S&P 500 in five of six sell-offs. The Covid crash was the exception: MRVL fell 31.6%, less than the S&P 500's 33.7%. That said, the 2022 bear market took 56.8% off MRVL, against 24.5% for the S&P 500. That was more than AVGO (Broadcom, 34.3%) but less than NVDA (NVIDIA, 60.7%).
- **Diversification:** Against the S&P 500, MRVL has a correlation of 0.53 over 5 years, more closely than 80% of stocks worth at least $300 million. Next to an index fund it is some diversification, but not a hedge. Over 10 years, MRVL's beta versus the S&P 500 was 1.68: in the S&P 500's rising months it gained 1.7 times as much as the index, and in falling months it lost 1.2 times as much.
- **Better options:** Among MRVL's popular alternatives, AVGO (Broadcom), TSM (Taiwan Semiconductor Manufacturing) and ANET (Arista Networks) earned more than MRVL with less volatility over the past 5 years. AVGO returned 48.3% a year at 44.5% volatility, against 29.5% a year at 65.2%. Looking beyond its popular alternatives, MU (Micron Technology, semiconductors) and DELL (Dell Technologies, computer hardware) earned more than MRVL with less volatility over the past 5 years. MU returned 68.1% a year at 57.1% volatility, against 29.5% a year at 65.2%.

## How much would $10,000 in MRVL have grown?

This chart tracks a hypothetical $10,000 investment in MRVL over the past 26 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of MRVL over the same span and MRVL's popular alternatives, among those that traded for the entire period.

- $10,000 invested in MRVL at the end of September 2000 would have grown to $160,967 by September 2026, more than the $84,332 it would have become in SPY, an S&P 500 fund.
- Five of the eight other investments on the chart ended ahead of MRVL, and NVDA finished highest, at $7,349,441.

## MRVL at a glance

This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout.

- MRVL is still 24.0% below its all-time high.
- MRVL's deepest decline since it began trading in 2000 was 91.6%, from September 2000 to April 2001. It took about five years from the low to climb back to its old high.
- Over 25 full calendar years, MRVL's best was 2009, when it returned 211%, and its worst was 2022, when it lost 57.5%. It lost money in 11 of those years.

- Type: Stock, Technology (Semiconductors)
- Trading since: June 27, 2000
- Market value: $211B
- Volatility (5 years): 65.2%; Sharpe ratio: 0.72
- Worst decline ever: −91.6%, from September 13, 2000 to April 4, 2001; back at its high by November 10, 2005

| Period | MRVL total return |
| --- | --- |
| 1 month | −6.6% |
| 3 months | +23.4% |
| 6 months | +62.7% |
| year to date | +169% |
| 1 year | +181% |
| 3 years | +390% |
| 5 years | +264% |
| 10 years | +1,874% |

## MRVL against the whole market

Where MRVL ranks among every stock and fund, and what across the market has done better.

### How does MRVL rank among all stocks?

This section ranks MRVL on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history.

- MRVL's 1-year return ranks in the top 1% of the 3,287 stocks worth at least $300 million with 1 year of history.
- MRVL is among the more volatile stocks: its price swings rank in the bottom 17% of the 2,893 stocks worth at least $300 million, where the top is the calmest.

| Measure | MRVL | Rank |
| --- | --- | --- |
| 1-year return | +181% | 46 of 3,287 (top 2%) |
| 3-year return | +390% | 155 of 3,017 (top 6%) |
| 5-year return | +264% | 207 of 2,893 (top 8%) |
| 10-year return | +1,874% | 43 of 2,202 (top 2%) |
| Volatility, 5 years | 65.2% | 2,414 of 2,893 (top 84%) |
| Sharpe ratio, 5 years | 0.72 | 426 of 2,893 (top 15%) |
| Worst decline, past 10 years | −61.9% | 957 of 2,187 (top 44%) |

### What has beaten MRVL on both return and risk?

Each dot is an investment, placed by how much it earned a year over the past 5 years (higher is better) and how much its price swung, its volatility (further left is calmer).

- 150 stocks and one ETF worth at least $500 million sit in the green region: each earned more than MRVL over the past 5 years with smaller price swings. That is 4% of the 3,633 screened.
- Among those with at least half MRVL's swings, CLS has the best return for its risk: 101% a year at 59.7% volatility, 8% less than MRVL's 65.2%, and a Sharpe ratio (return above cash per unit of volatility) of 1.47 against 0.72 for MRVL.
- Among MRVL's popular alternatives, NVDA, AVGO and ANET are in the region. NVDA earned 58.0% a year against 29.5% a year for MRVL, at 51.9% volatility, 20% less than MRVL's 65.2%.

### Is there a better investment than MRVL?

The table below lists investments that beat MRVL over the past 5 years on at least one of these measures: a higher annual return with lower volatility, a higher annual return at similar volatility, a similar return with lower volatility, a higher Sharpe ratio with a smaller worst decline, a higher total return in most periods from 3 months to 10 years, or smaller losses in recent market crashes.

- Among MRVL's popular alternatives, AVGO, TSM and ANET earned more than MRVL with less volatility over the past 5 years. AVGO returned 48.3% a year at 44.5% volatility, against 29.5% a year at 65.2%.
- Looking beyond its popular alternatives, MU (semiconductors) and DELL (computer hardware) earned more than MRVL with less volatility over the past 5 years. MU returned 68.1% a year at 57.1% volatility, against 29.5% a year at 65.2%.
- Across the whole market, 151 of the 3,633 stocks and funds worth at least $500 million earned more than MRVL with less volatility over the past 5 years, among them NVDA, TSM and AVGO.

The 15 strongest of 151 investments that beat MRVL over the past 5 years, out of 3,633 stocks and funds worth at least $500 million.

| Investment | Group | Annual return (5 years) | Volatility | Sharpe | Worst decline (10 years) | 10Y return | Correlation with MRVL | Better on |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| MRVL: Marvell Technology, Inc. (this page) |  | +29.5% | 65.2% | 0.72 | −61.9% | +1,874% |  |  |
| [CAH](https://easycompare.io/research/cah): Cardinal Health, Inc. | Health Care Distribution | +42.1% | 24.7% | 1.55 | −46.1% | +349% | 0.13 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [FIX](https://easycompare.io/research/fix): Comfort Systems USA, Inc. | Engineering & Construction | +77.0% | 46.7% | 1.46 | −49.7% | +5,305% | 0.41 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [LLY](https://easycompare.io/research/lly): Eli Lilly and Company | Pharmaceuticals | +40.7% | 32.8% | 1.21 | −34.5% | +1,807% | 0.14 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [CAT](https://easycompare.io/research/cat): Caterpillar Inc. | Industrial Machinery | +31.1% | 31.9% | 1.01 | −43.4% | +936% | 0.48 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [MUFG](https://easycompare.io/research/mufg): Mitsubishi UFJ Financial Group, Inc. | Banks | +33.2% | 29.4% | 1.13 | −54.9% | +483% | 0.01 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [MCK](https://easycompare.io/research/mck): McKesson Corporation | Health Care Distribution | +38.7% | 25.0% | 1.44 | −38.1% | +586% | -0.11 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [MU](https://easycompare.io/research/mu): Micron Technology, Inc. | Semiconductors | +68.1% | 57.1% | 1.20 | −57.6% | +5,243% | 0.51 | Higher return, lower volatility; Higher return in most periods |
| [APH](https://easycompare.io/research/aph): Amphenol Corporation | Electronic Components | +33.8% | 32.2% | 1.07 | −37.5% | +965% | 0.55 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [IBKR](https://easycompare.io/research/ibkr): Interactive Brokers Group, Inc. | Investment Banking & Brokerage | +35.4% | 35.4% | 1.04 | −55.1% | +935% | 0.36 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [MFG](https://easycompare.io/research/mfg): Mizuho Financial Group, Inc. | Banks | +33.6% | 30.6% | 1.10 | −45.7% | +345% | 0.07 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [SCCO](https://easycompare.io/research/scco): Southern Copper Corporation | Metals & Mining | +32.0% | 40.7% | 0.89 | −55.3% | +1,017% | 0.07 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [SMFG](https://easycompare.io/research/smfg): Sumitomo Mitsui Financial Group, Inc. | Banks | +33.7% | 29.4% | 1.14 | −47.6% | +474% | 0.03 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [PWR](https://easycompare.io/research/pwr): Quanta Services, Inc. | Engineering & Construction | +39.3% | 37.2% | 1.08 | −45.5% | +2,045% | 0.43 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |
| [DELL](https://easycompare.io/research/dell): Dell Technologies Inc. | Computer Hardware | +55.2% | 54.4% | 1.08 | −59.6% | +3,701% | 0.40 | Higher return, lower volatility; Higher return in most periods |
| [GLW](https://easycompare.io/research/glw): Corning Inc | Electronic Components | +31.4% | 42.1% | 0.86 | −51.5% | +616% | 0.49 | Higher return, lower volatility; Higher Sharpe, smaller worst decline |

## MRVL against its popular alternatives

The investments people most often weigh against MRVL, compared period by period and year by year.

### How do MRVL's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 5 years against its volatility, the size of its typical price swings.

- Six of the 19 popular alternatives, led by NVDA, ANET and AVGO, were both more rewarding and calmer than MRVL over the past 5 years, earning a higher annual return with lower volatility.
- Over the past 5 years, MRVL returned 29.5% a year, more than the S&P 500's 12.7%, with higher volatility (65.2% against 17.1%).

### Has MRVL consistently beaten its popular alternatives?

This section compares MRVL with the investments people most often weigh against it, checking each one over eight periods from one month to ten years.

- None of the 21 popular alternatives outperformed MRVL in at least 3 of 5 short-term and 2 of 3 long-term timeframes. The closest was NVDA.
- AVGO, ANET and TSM earned more for the risk they took than MRVL (a higher Sharpe ratio) and fell less in their worst decline of the past 10 years.
- NVDA outperformed MRVL over all three long-term periods but in only one of the five short-term ones, so MRVL has had the better of it lately.

| Investment | 1Y return | 3Y return | 5Y return | 10Y return | Periods ahead of MRVL | Verdict | Sharpe |
| --- | --- | --- | --- | --- | --- | --- | --- |
| MRVL: Marvell Technology, Inc. (this page) | +181% | +390% | +264% | +1,874% |  |  | 0.72 |
| [NVDA](https://easycompare.io/research/nvda): NVIDIA Corporation | +18.8% | +425% | +884% | +13,019% | 1/5 short-term, 3/3 long-term |  | 1.14 |
| [AMD](https://easycompare.io/research/amd): Advanced Micro Devices, Inc. | +122% | +425% | +359% | +7,583% | 1/5 short-term, 3/3 long-term |  | 0.82 |
| [ANET](https://easycompare.io/research/anet): Arista Networks, Inc. | +23.7% | +289% | +634% | +3,439% | 0/5 short-term, 2/3 long-term |  | 1.06 |
| [AVGO](https://easycompare.io/research/avgo): Broadcom Inc. | −3.5% | +305% | +617% | +2,380% | 0/5 short-term, 2/3 long-term |  | 1.11 |
| [TSM](https://easycompare.io/research/tsm): Taiwan Semiconductor Manufacturing Company Limited | +44.3% | +382% | +293% | +1,505% | 1/5 short-term, 1/3 long-term |  | 0.91 |
| MTSI: MACOM Technology Solutions Holdings, Inc. | +87.4% | +249% | +302% | +588% | 1/5 short-term, 1/3 long-term |  | 0.83 |
| CRDO: Credo Technology Group Holding Ltd | +13.1% | +1,100% | — | — | 0/5 short-term, 1/3 long-term |  | — |
| [MSFT](https://easycompare.io/research/msft): Microsoft Corporation | +3.8% | +66.6% | +80.3% | +946% | 2/5 short-term, 0/3 long-term |  | 0.56 |
| [MPWR](https://easycompare.io/research/mpwr): Monolithic Power Systems, Inc. | +21.9% | +204% | +159% | +1,659% | 1/5 short-term, 0/3 long-term |  | 0.62 |
| [ADI](https://easycompare.io/research/adi): Analog Devices, Inc. | +63.3% | +150% | +144% | +652% | 1/5 short-term, 0/3 long-term |  | 0.69 |
| [AMZN](https://easycompare.io/research/amzn): Amazon.com, Inc. | +21.3% | +110% | +53.8% | +548% | 1/5 short-term, 0/3 long-term |  | 0.42 |
| ON: ON Semiconductor Corporation | +37.8% | −10.9% | +66.0% | +540% | 1/5 short-term, 0/3 long-term |  | 0.46 |
| [TXN](https://easycompare.io/research/txn): Texas Instruments Incorporated | +58.7% | +105% | +60.5% | +424% | 1/5 short-term, 0/3 long-term |  | 0.45 |
| [CSCO](https://easycompare.io/research/csco): Cisco Systems, Inc. | +53.8% | +118% | +118% | +374% | 1/5 short-term, 0/3 long-term |  | 0.73 |
| SLAB: Silicon Laboratories Inc. | +60.8% | +115% | +47.7% | +277% | 1/5 short-term, 0/3 long-term |  | 0.39 |
| [NXPI](https://easycompare.io/research/nxpi): NXP Semiconductors N.V. | +10.0% | +34.9% | +31.9% | +159% | 1/5 short-term, 0/3 long-term |  | 0.34 |
| SWKS: Skyworks Solutions, Inc. | +10.2% | −2.8% | −43.5% | +29.2% | 1/5 short-term, 0/3 long-term |  | -0.05 |
| SIMO: Silicon Motion Technology Corporation | +125% | +320% | +243% | +494% | 0/5 short-term, 0/3 long-term |  | 0.71 |
| [QCOM](https://easycompare.io/research/qcom): QUALCOMM Incorporated | +7.4% | +72.4% | +48.3% | +239% | 0/5 short-term, 0/3 long-term |  | 0.40 |
| [INTC](https://easycompare.io/research/intc): Intel Corp. | +141% | +167% | +79.8% | +219% | 0/5 short-term, 0/3 long-term |  | 0.49 |
| [ALAB](https://easycompare.io/research/alab): Astera Labs, Inc. Common Stock | +82.2% | — | — | — | 0/5 short-term, 0/3 long-term |  | — |

### How did MRVL do year by year?

This table shows each investment's total return in every full calendar year since 2001, along with where MRVL ranked among its popular alternatives each year.

- MRVL finished ahead of the S&P 500 in 13 of its 25 full calendar years.
- Among its popular alternatives, ANET came out ahead of MRVL most often, in eight of the 11 years both traded.
- Ranked against its popular alternatives each year, MRVL finished in the top quarter in nine of 25 years and in the bottom quarter in eight. In 2025, it ranked 21 of 22.

| Year | MRVL | SPY |
| --- | --- | --- |
| 2025 | −22.8% | +17.7% |
| 2024 | +83.8% | +24.9% |
| 2023 | +63.7% | +26.2% |
| 2022 | −57.5% | −18.2% |
| 2021 | +84.6% | +28.7% |
| 2020 | +80.3% | +18.3% |
| 2019 | +65.7% | +31.2% |
| 2018 | −23.6% | −4.6% |
| 2017 | +56.9% | +21.7% |
| 2016 | +60.5% | +12.0% |

## Risk and diversification

How MRVL has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

### What were MRVL's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high.

- In all five of MRVL's worst declines, the S&P 500 held up better over the same dates.
- Not every decline was the market's doing: MRVL fell 48.4% from June to July 2026, while the S&P 500 slipped only 3.4%.
- The slowest recovery came after MRVL fell 86.5% from January 2006 to November 2008; it did not regain that peak until May 2020, 12 years later.

| Decline | Peak | Low | Back at the high | SPY over the same dates | Market event |
| --- | --- | --- | --- | --- | --- |
| −91.6% | September 13, 2000 | April 4, 2001 | November 10, 2005 | −24.9% | dot-com bust |
| −86.5% | January 27, 2006 | November 20, 2008 | May 29, 2020 | −38.1% | 2008 financial crisis |
| −61.9% | December 7, 2021 | January 5, 2023 | November 6, 2024 | −17.4% | 2022 bear market |
| −60.8% | January 23, 2025 | April 4, 2025 | April 10, 2026 | −16.9% |  |
| −48.4% | June 4, 2026 | July 29, 2026 | not yet | −3.4% |  |

### How did MRVL do in stock market crashes?

This section measures how far MRVL, the S&P 500 and each alternative fell from peak to trough during every major market crash since 2000.

- MRVL fell further than the S&P 500 in seven of the nine crashes it has traded through. The clearest case was the 2022 bear market, when MRVL fell 56.8% and the S&P 500 fell 24.5%.
- Among its popular alternatives, CSCO held up best, falling less than MRVL in eight of the nine crashes they both traded through.
- MRVL began trading after the dot-com bust, but 11 of its popular alternatives lived through it. The mildest fall among them was MSFT's 62.9%, against 47.5% for the S&P 500.

| Crash | Dates | MRVL fall | SPY fall |
| --- | --- | --- | --- |
| Dot-com bust | March 10, 2000 to October 9, 2002 | not trading | −47.5% |
| Global financial crisis | October 9, 2007 to March 9, 2009 | −74.3% | −55.2% |
| Flash crash | May 6, 2010 to May 7, 2010 | 0.0% | −1.5% |
| Euro debt crisis | July 22, 2011 to October 3, 2011 | −23.1% | −17.9% |
| China devaluation & oil rout | August 10, 2015 to February 11, 2016 | −37.6% | −12.8% |
| Volmageddon | February 2, 2018 to February 9, 2018 | −7.5% | −6.5% |
| Q4 2018 selloff | September 21, 2018 to December 24, 2018 | −26.1% | −19.3% |
| COVID crash | February 19, 2020 to March 23, 2020 | −31.6% | −33.7% |
| 2022 bear market | January 4, 2022 to October 12, 2022 | −56.8% | −24.5% |
| SVB / regional bank stress | March 8, 2023 to March 13, 2023 | −12.0% | −3.4% |

### How closely does MRVL move with the S&P 500?

Upside capture measures how much of the S&P 500's gains an investment kept in the months the market rose, and downside capture how much of its losses it took in the months the market fell.

- Over the past 10 years, MRVL captured 167% of the S&P 500's gains in rising months and 116% of its losses in falling months, with a beta of 1.68. It amplified the market's moves in both directions.
- TSM took just 75% of the S&P 500's losses, against 116% for MRVL, while still keeping 138% of its gains.
- Five of the 19 popular alternatives had a higher capture ratio (upside capture divided by downside capture) than MRVL's 1.44, led by ANET, AVGO and TSM.

Measured over the past 10 years of monthly returns against SPY.

| Investment | Upside capture | Downside capture | Beta |
| --- | --- | --- | --- |
| MRVL: Marvell Technology, Inc. (this page) | 167% | 116% | 1.68 |
| [NVDA](https://easycompare.io/research/nvda): NVIDIA Corporation | 248% | 140% | 1.83 |
| [AMD](https://easycompare.io/research/amd): Advanced Micro Devices, Inc. | 254% | 179% | 2.25 |
| [ANET](https://easycompare.io/research/anet): Arista Networks, Inc. | 174% | 91.0% | 1.40 |
| [AVGO](https://easycompare.io/research/avgo): Broadcom Inc. | 158% | 86.0% | 1.19 |
| [TSM](https://easycompare.io/research/tsm): Taiwan Semiconductor Manufacturing Company Limited | 138% | 75.0% | 1.15 |
| MTSI: MACOM Technology Solutions Holdings, Inc. | 148% | 157% | 1.93 |
| [MSFT](https://easycompare.io/research/msft): Microsoft Corporation | 127% | 91.0% | 0.96 |
| [MPWR](https://easycompare.io/research/mpwr): Monolithic Power Systems, Inc. | 156% | 107% | 1.31 |
| [ADI](https://easycompare.io/research/adi): Analog Devices, Inc. | 117% | 92.0% | 1.20 |
| [AMZN](https://easycompare.io/research/amzn): Amazon.com, Inc. | 134% | 139% | 1.31 |
| ON: ON Semiconductor Corporation | 161% | 185% | 1.95 |
| [TXN](https://easycompare.io/research/txn): Texas Instruments Incorporated | 113% | 108% | 1.18 |
| [CSCO](https://easycompare.io/research/csco): Cisco Systems, Inc. | 101% | 96.0% | 0.97 |
| SLAB: Silicon Laboratories Inc. | 113% | 130% | 1.18 |
| [NXPI](https://easycompare.io/research/nxpi): NXP Semiconductors N.V. | 115% | 157% | 1.63 |
| SWKS: Skyworks Solutions, Inc. | 88.0% | 149% | 1.31 |
| SIMO: Silicon Motion Technology Corporation | 126% | 116% | 1.41 |
| [QCOM](https://easycompare.io/research/qcom): QUALCOMM Incorporated | 115% | 139% | 1.51 |
| [INTC](https://easycompare.io/research/intc): Intel Corp. | 98.0% | 100% | 1.43 |

### What diversifies MRVL?

Correlation measures how closely two investments move together, on a scale from 1 (in lockstep) through 0 (unrelated) to -1 (in opposite directions).

- Moving a fifth of the money in MRVL into GLD would have cut the portfolio's volatility by 21% over the past 5 years and raised its annual return (+34.9% for MRVL alone, +36.4% for the mix).
- FIX made money in eight of the 11 calendar years in which MRVL lost money.
- Among large ETFs, LVHI, DXJ and PJUL have moved largely independently of MRVL over the past 5 years, with correlations of 0.46 or lower, and each still earned a positive 5-year return.

| Investment | Correlation with MRVL | 5Y return | Volatility | Sharpe | Rose in MRVL's 11 down years |
| --- | --- | --- | --- | --- | --- |
| LVHI: Franklin International Low Volatility High Dividend Index ETF | 0.00 | +119% | 11.1% | 1.48 | 2 of 11 |
| DXJ: WisdomTree Japan Hedged Equity Fund | 0.24 | +225% | 19.1% | 1.34 | 4 of 11 |
| PJUL: Innovator U.S. Equity Power Buffer ETF | 0.46 | +64.4% | 8.6% | 1.20 | 1 of 11 |
| EMLP: First Trust North American Energy Infrastructure Fund | 0.16 | +101% | 14.5% | 1.04 | 2 of 11 |
| HDV: iShares Core High Dividend ETF | 0.00 | +83.3% | 13.0% | 1.00 | 3 of 11 |
| FTLS: First Trust Long/Short Equity ETF | 0.47 | +62.9% | 10.4% | 0.99 | 2 of 11 |
| DBEF: Xtrackers MSCI EAFE Hedged Equity ETF | 0.36 | +85.0% | 13.8% | 0.96 | 3 of 11 |
| [GLD](https://easycompare.io/research/gld): SPDR Gold Shares | -0.23 | +126% | 18.9% | 0.96 | 7 of 11 |

## Common questions

### What was MRVL's worst drawdown?

MRVL's deepest decline since it began trading in 2000 was 91.6%, from September 2000 to April 2001. It took about five years from the low to climb back to its old high.

### What were MRVL's best and worst years?

Over 25 full calendar years, MRVL's best year was 2009, when it returned 211%. Its worst was 2022, with a return of -57.5%.

### Is there a better investment than MRVL?

Among MRVL's popular alternatives, AVGO, TSM and ANET earned more than MRVL with less volatility over the past 5 years. AVGO returned 48.3% a year at 44.5% volatility, against 29.5% a year at 65.2%. Looking beyond its popular alternatives, MU (semiconductors) and DELL (computer hardware) earned more than MRVL with less volatility over the past 5 years. MU returned 68.1% a year at 57.1% volatility, against 29.5% a year at 65.2%.

### Is MRVL more volatile than the S&P 500?

Yes. MRVL's volatility over the past 5 years was 65.2%, 3.8 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, MRVL's return lands within 65.2% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump.

### What is MRVL's Sharpe ratio?

MRVL's Sharpe ratio over the past 5 years was 0.72, against 0.79 for the S&P 500, so MRVL earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings.

### How correlated is MRVL with the S&P 500?

Over the past 5 years, MRVL's monthly returns had a correlation of 0.53 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They often move together: some diversification next to an index fund, but not a cushion. In the table, the correlation column measures each option against MRVL instead: the lower it is, the more that option would diversify a MRVL holding.

### What are the best alternatives to MRVL?

None of the 21 popular alternatives we compared outperformed MRVL in at least 3 of 5 short-term and 2 of 3 long-term timeframes, which says more about MRVL's strength than about its alternatives.

### Did MRVL outperform the S&P 500?

MRVL finished ahead of the S&P 500 (SPY) in 13 of 25 full calendar years. In 2025, it returned -22.8%, against +17.7% for the index.

### How did MRVL do in stock market crashes?

MRVL fell less than the S&P 500 (SPY) in two of the nine major crashes it has traded through, and further in seven. The clearest case was the 2022 bear market, when MRVL fell 56.8% and the S&P 500 fell 24.5%.

### What diversifies MRVL?

These had a low correlation with MRVL over the past 5 years and still earned a positive 5-year return: among large ETFs, LVHI (correlation 0.00), DXJ (correlation 0.24) and PJUL (correlation 0.46); among large stocks, CAH (correlation 0.13), FIX (correlation 0.41) and MCK (correlation -0.11). A correlation near zero means the two have moved largely independently.

## More research

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- [Texas Instruments (TXN) Performance, Alternatives and Market Rank](https://easycompare.io/research/txn)
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- [NXP Semiconductors (NXPI) Performance, Alternatives and Market Rank](https://easycompare.io/research/nxpi)

## Explore further

- Full page with charts: https://easycompare.io/research/mrvl
- All research pages: https://easycompare.io/llms.txt
- Compare the entire market against MRVL live: https://betterthanspy.com/?b=MRVL&utm_source=easycompare&utm_medium=research