BetterThanSPY

Relative Intelligence · Semiconductors

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

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 22, 2026.

Data as of October 22, 2026. Full tables and charts read best on a larger screen.

Rank the market against MRVL →Chart MRVL vs. 21 alternatives →

This page answers the following questions about MRVL

Key findings

Not AI-generated

These key findings are generated by our proprietary relative intelligence engine, directly from the data on this page.

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. A second view covers the past 5 years, the period the better options further down the page are judged on. It shows not only where each investment ended up but also how smooth or uneven the path was.

Choose a period

From the end of September 2000 to the end of September 2026. The scale is logarithmic, so equal steps up the chart are equal percentage gains. Hover over a fund in the key to pick out its line. 405 of the 1,261 stocks and funds worth at least $500 million that traded the whole period ended ahead of MRVL; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.

$1,000$10,000$100,000$1M2000200420082012201620202024$1,000$10,000$100,000$1M2000200720142021
  • NVDA$7M+73,394% total · +28.9% a year
  • AMZN$1M+12,876% total · +20.6% a year
  • TSM$885,827+8,758% total · +18.8% a year
  • MSFT$278,783+2,688% total · +13.7% a year
  • AMD$254,895+2,449% total · +13.3% a year
  • MRVL$160,967+1,510% total · +11.3% a year
  • SPY (S&P 500)$84,332+743% total · +8.5% a year
  • ADI$79,170+692% total · +8.3% a year
  • ON$70,649+606% total · +7.8% a year
  • SWKS$32,052+221% total · +4.6% a year
Change the dates or add tickers to this chart in EasyCompare

From the end of September 2021 to the end of September 2026. The scale is logarithmic, so equal steps up the chart are equal percentage gains. Hover over a fund in the key to pick out its line. 156 of the 3,630 stocks and funds worth at least $500 million that traded the whole period ended ahead of MRVL; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.

$5,000$10,000$20,000$50,000$100,000202120222023202420252026$5,000$10,000$20,000$50,000$100,000202120222023202420252026
  • MU$153,675+1,437% total · +72.7% a year
  • NVDA$110,811+1,008% total · +61.8% a year
  • ANET$94,783+848% total · +56.8% a year
  • AVGO$79,117+691% total · +51.2% a year
  • AMD$59,452+495% total · +42.8% a year
  • MRVL$44,627+346% total · +34.9% a year
  • TSM$43,622+336% total · +34.3% a year
  • SPY (S&P 500)$19,000+90.0% total · +13.7% a year
  • MSFT$18,958+89.6% total · +13.6% a year
  • SWKS$5,973−40.3% total · −9.8% a year
Change the dates or add tickers to this chart in EasyCompare

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. These figures serve as the baseline for every comparison that follows.

The company

Market value
$196B
Industry
Semiconductors
Price history from
June 2000

Returns

Past 1 year
+176%total return
Past 3 years
+360%+66.3% a year
Past 5 years
+243%+28.0% a year
Past 10 years
+1,732%+33.7% a year
Best calendar year
+211%2009
Worst calendar year
−57.5%2022
Losing years
11 of 25full calendar years

Risk

Volatility
65.3%typical yearly swing, 5 years
Sharpe ratio
0.70return per unit of risk, 5 years
Worst decline ever
−91.6%Sep 2000 to Apr 2001
From its all-time high
−29.3%below the peak

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. Where the comparisons with its popular alternatives show how MRVL stacks up against its peers, these rankings show where it stands in the market as a whole.

Ranked against U.S.-listed stocks worth at least $300M that have enough history for each measure, so the count changes from row to row; smaller stocks are left out. Lower volatility and smaller declines rank higher.

MeasureMRVLRankStanding
1-year return+176%52 of 3,282top 2%
3-year return+360%171 of 3,016top 6%
5-year return+243%231 of 2,897top 8%
10-year return+1,732%43 of 2,201top 2%
Volatility, 5 years65.3%2,418 of 2,897bottom 18%
Sharpe ratio, 5 years0.70454 of 2,897top 16%
Worst decline, past 10 years−61.9%956 of 2,184top 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). MRVL sits where the dashed lines cross. Anything in the green box above and to the left earned more than MRVL with smaller swings, a better trade-off over this period on both counts. Past results are no promise, but a name in the box is worth a closer look.

Annual return is the annualized total return with dividends reinvested, and volatility the annualized swing in daily prices, both over 5 years. Labeled dots are the strongest picks from the table below and the names called out above, colored by how close they sit to MRVL; faint dots are 87 more of the 162 in the green region (the strongest, one per fund family). 3,641 stocks and funds worth at least $500 million were screened. Hover over a dot for its figures.

10.0%20.0%30.0%40.0%50.0%60.0%70.0%0.0%20.0%40.0%60.0%80.0%100%Volatility over 5 years (annualized)Annual return over 5 yearsMore return, less volatility than MRVLCAT: +30.7% a year, volatility 32.0%MUFG: +33.5% a year, volatility 29.4%PANW: +33.4% a year, volatility 43.4%MCK: +37.8% a year, volatility 25.1%IBKR: +35.3% a year, volatility 35.5%MFG: +33.9% a year, volatility 30.6%SCCO: +30.1% a year, volatility 40.8%SMFG: +34.0% a year, volatility 29.4%PWR: +36.4% a year, volatility 37.4%VST: +51.7% a year, volatility 48.8%ESLT: +39.7% a year, volatility 34.6%EME: +40.8% a year, volatility 35.4%CASY: +30.8% a year, volatility 29.4%BWLP: +60.5% a year, volatility 50.9%GFI: +34.0% a year, volatility 53.5%AMRX: +29.3% a year, volatility 50.5%CW: +29.5% a year, volatility 28.8%NVT: +32.5% a year, volatility 38.5%COKE: +41.6% a year, volatility 38.0%LPG: +55.8% a year, volatility 43.6%MLI: +36.5% a year, volatility 33.4%FRO: +53.9% a year, volatility 49.7%KLAC: +35.3% a year, volatility 46.9%ASX: +47.3% a year, volatility 43.3%PBR-A: +53.5% a year, volatility 37.4%IESC: +55.2% a year, volatility 58.1%JXN: +42.4% a year, volatility 43.3%MPC: +50.0% a year, volatility 33.4%GLW: +29.7% a year, volatility 42.2%SMH: +32.2% a year, volatility 37.0%SNEX: +32.5% a year, volatility 37.3%CIEN: +43.7% a year, volatility 52.9%SANM: +32.4% a year, volatility 48.0%HWM: +45.1% a year, volatility 32.7%NHC: +31.2% a year, volatility 28.6%DHT: +40.3% a year, volatility 39.0%TRGP: +41.8% a year, volatility 31.7%USLM: +36.8% a year, volatility 36.1%HURN: +31.3% a year, volatility 40.8%HWKN: +29.8% a year, volatility 36.6%UFPT: +36.5% a year, volatility 46.0%ESQ: +32.1% a year, volatility 31.8%ATI: +58.9% a year, volatility 43.2%IGIC: +30.6% a year, volatility 30.9%ODC: +36.9% a year, volatility 36.9%NWPX: +32.7% a year, volatility 36.3%HSBC: +32.8% a year, volatility 25.9%CLMB: +38.4% a year, volatility 45.5%GE: +36.0% a year, volatility 31.0%PBR: +52.4% a year, volatility 37.4%INSW: +58.7% a year, volatility 40.6%SAN: +31.7% a year, volatility 33.9%BBVA: +39.0% a year, volatility 33.3%VLO: +43.8% a year, volatility 36.9%PSX: +32.7% a year, volatility 32.9%SU: +33.1% a year, volatility 32.5%BELFB: +75.9% a year, volatility 52.3%IMO: +33.7% a year, volatility 32.0%FTI: +54.6% a year, volatility 41.2%TEVA: +31.7% a year, volatility 42.8%AU: +38.0% a year, volatility 50.0%STLD: +32.4% a year, volatility 38.0%BAP: +29.7% a year, volatility 30.3%SBS: +40.9% a year, volatility 36.9%JBL: +34.5% a year, volatility 39.7%YPF: +61.5% a year, volatility 54.1%CIB: +33.5% a year, volatility 32.9%ROIV: +40.7% a year, volatility 58.6%FLEX: +32.7% a year, volatility 48.5%KGC: +31.4% a year, volatility 45.6%CRS: +57.4% a year, volatility 47.4%DINO: +31.8% a year, volatility 38.8%UNM: +31.4% a year, volatility 29.3%FTAI: +51.4% a year, volatility 57.3%STRL: +74.9% a year, volatility 60.2%THC: +30.8% a year, volatility 45.0%XPO: +30.0% a year, volatility 47.0%PR: +31.5% a year, volatility 47.0%STX: +53.4% a year, volatility 48.8%MOG-A: +35.1% a year, volatility 32.1%WDC: +52.5% a year, volatility 53.6%AGI: +31.5% a year, volatility 42.4%EMBJ: +32.5% a year, volatility 45.0%VIST: +59.9% a year, volatility 50.7%IDCC: +39.4% a year, volatility 36.9%MOD: +63.2% a year, volatility 61.9%PBF: +41.7% a year, volatility 59.1%MRVL: +28.0% a year, volatility 65.3%SPY (S&P 500): +12.5% a year, volatility 17.2%AVGO: +46.9% a year, volatility 44.6%TSM: +31.0% a year, volatility 38.6%ANET: +47.6% a year, volatility 49.1%NVDA: +56.5% a year, volatility 51.9%AMD: +33.5% a year, volatility 57.7%MTSI: +28.1% a year, volatility 47.8%MU: +67.0% a year, volatility 57.1%DELL: +53.8% a year, volatility 54.5%APH: +31.3% a year, volatility 32.4%LRCX: +34.2% a year, volatility 50.1%SOXQ: +27.1% a year, volatility 39.0%LITE: +55.0% a year, volatility 64.7%LLY: +41.2% a year, volatility 32.8%CAH: +41.7% a year, volatility 24.7%FIX: +73.0% a year, volatility 46.9%KNSA: +49.8% a year, volatility 53.7%AEM: +28.2% a year, volatility 38.5%XERS: +42.9% a year, volatility 67.0%DXJ: +26.6% a year, volatility 19.1%EPU: +28.1% a year, volatility 24.9%CLS: +95.8% a year, volatility 59.9%MRVLSPY (S&P 500)AVGOTSMANETNVDAAMDMTSIMUAPHLRCXSOXQLITELLYCAHFIXKNSAAEMXERSDXJEPUCLS0.0%20.0%40.0%60.0%80.0%0.0%20.0%40.0%60.0%80.0%100%Volatility over 5 years (annualized)Annual return over 5 yearsMore return, less volatility than MRVLCAT: +30.7% a year, volatility 32.0%MUFG: +33.5% a year, volatility 29.4%PANW: +33.4% a year, volatility 43.4%MCK: +37.8% a year, volatility 25.1%IBKR: +35.3% a year, volatility 35.5%MFG: +33.9% a year, volatility 30.6%SCCO: +30.1% a year, volatility 40.8%SMFG: +34.0% a year, volatility 29.4%PWR: +36.4% a year, volatility 37.4%VST: +51.7% a year, volatility 48.8%ESLT: +39.7% a year, volatility 34.6%EME: +40.8% a year, volatility 35.4%CASY: +30.8% a year, volatility 29.4%BWLP: +60.5% a year, volatility 50.9%GFI: +34.0% a year, volatility 53.5%AMRX: +29.3% a year, volatility 50.5%CW: +29.5% a year, volatility 28.8%NVT: +32.5% a year, volatility 38.5%COKE: +41.6% a year, volatility 38.0%LPG: +55.8% a year, volatility 43.6%MLI: +36.5% a year, volatility 33.4%FRO: +53.9% a year, volatility 49.7%KLAC: +35.3% a year, volatility 46.9%ASX: +47.3% a year, volatility 43.3%PBR-A: +53.5% a year, volatility 37.4%IESC: +55.2% a year, volatility 58.1%JXN: +42.4% a year, volatility 43.3%MPC: +50.0% a year, volatility 33.4%GLW: +29.7% a year, volatility 42.2%SMH: +32.2% a year, volatility 37.0%SNEX: +32.5% a year, volatility 37.3%CIEN: +43.7% a year, volatility 52.9%SANM: +32.4% a year, volatility 48.0%HWM: +45.1% a year, volatility 32.7%NHC: +31.2% a year, volatility 28.6%DHT: +40.3% a year, volatility 39.0%TRGP: +41.8% a year, volatility 31.7%USLM: +36.8% a year, volatility 36.1%HURN: +31.3% a year, volatility 40.8%HWKN: +29.8% a year, volatility 36.6%UFPT: +36.5% a year, volatility 46.0%ESQ: +32.1% a year, volatility 31.8%ATI: +58.9% a year, volatility 43.2%IGIC: +30.6% a year, volatility 30.9%ODC: +36.9% a year, volatility 36.9%NWPX: +32.7% a year, volatility 36.3%HSBC: +32.8% a year, volatility 25.9%CLMB: +38.4% a year, volatility 45.5%GE: +36.0% a year, volatility 31.0%PBR: +52.4% a year, volatility 37.4%INSW: +58.7% a year, volatility 40.6%SAN: +31.7% a year, volatility 33.9%BBVA: +39.0% a year, volatility 33.3%VLO: +43.8% a year, volatility 36.9%PSX: +32.7% a year, volatility 32.9%SU: +33.1% a year, volatility 32.5%BELFB: +75.9% a year, volatility 52.3%IMO: +33.7% a year, volatility 32.0%FTI: +54.6% a year, volatility 41.2%TEVA: +31.7% a year, volatility 42.8%AU: +38.0% a year, volatility 50.0%STLD: +32.4% a year, volatility 38.0%BAP: +29.7% a year, volatility 30.3%SBS: +40.9% a year, volatility 36.9%JBL: +34.5% a year, volatility 39.7%YPF: +61.5% a year, volatility 54.1%CIB: +33.5% a year, volatility 32.9%ROIV: +40.7% a year, volatility 58.6%FLEX: +32.7% a year, volatility 48.5%KGC: +31.4% a year, volatility 45.6%CRS: +57.4% a year, volatility 47.4%DINO: +31.8% a year, volatility 38.8%UNM: +31.4% a year, volatility 29.3%FTAI: +51.4% a year, volatility 57.3%STRL: +74.9% a year, volatility 60.2%THC: +30.8% a year, volatility 45.0%XPO: +30.0% a year, volatility 47.0%PR: +31.5% a year, volatility 47.0%STX: +53.4% a year, volatility 48.8%MOG-A: +35.1% a year, volatility 32.1%WDC: +52.5% a year, volatility 53.6%AGI: +31.5% a year, volatility 42.4%EMBJ: +32.5% a year, volatility 45.0%VIST: +59.9% a year, volatility 50.7%IDCC: +39.4% a year, volatility 36.9%MOD: +63.2% a year, volatility 61.9%PBF: +41.7% a year, volatility 59.1%MRVL: +28.0% a year, volatility 65.3%SPY (S&P 500): +12.5% a year, volatility 17.2%AVGO: +46.9% a year, volatility 44.6%TSM: +31.0% a year, volatility 38.6%ANET: +47.6% a year, volatility 49.1%NVDA: +56.5% a year, volatility 51.9%AMD: +33.5% a year, volatility 57.7%MTSI: +28.1% a year, volatility 47.8%MU: +67.0% a year, volatility 57.1%DELL: +53.8% a year, volatility 54.5%APH: +31.3% a year, volatility 32.4%LRCX: +34.2% a year, volatility 50.1%SOXQ: +27.1% a year, volatility 39.0%LITE: +55.0% a year, volatility 64.7%LLY: +41.2% a year, volatility 32.8%CAH: +41.7% a year, volatility 24.7%FIX: +73.0% a year, volatility 46.9%KNSA: +49.8% a year, volatility 53.7%AEM: +28.2% a year, volatility 38.5%XERS: +42.9% a year, volatility 67.0%DXJ: +26.6% a year, volatility 19.1%EPU: +28.1% a year, volatility 24.9%CLS: +95.8% a year, volatility 59.9%MRVLSPY (S&P 500)AVGOTSMNVDAAMDMTSIMUDELLAPHLRCXLITELLYCAHFIXKNSAXERSDXJEPUCLS
  • Popular alternatives
  • Same and neighboring categories, and shared themes
  • The whole market
  • Others in the green region

Is there a better investment than MRVL?

Investments that beat MRVL over the past 5 years on return, volatility, drawdowns, consistency, crash losses or fees, from its popular alternatives out to the whole market.

How this works

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. It checks MRVL's popular alternatives first, then the rest of its own and neighboring categories, then every stock and fund worth at least $500 million, and shows the strongest few in each group. The full list of those with a higher return and lower volatility than MRVL follows the table.

Annual return is the annualized total return with dividends reinvested. Annual return, volatility and the Sharpe ratio cover 5 years; the worst decline covers the past 10 years. Green marks a better figure than MRVL's. "On the frontier" means no other option shown or tested earned more with less volatility. Funds that hold the same thing are shown once. Beyond the popular alternatives, nothing with more than 1.5× MRVL's volatility counts as better.

These figures cover the past 5 years. Green marks a better figure than MRVL's.

Screen the whole market against MRVL for any period in BetterThanSPYOpen these 21 in EasyCompare
InvestmentWhy it is betterPast 5 yearsDownsideLong runFit
Annual return?higher is betterVolatility?lower is calmerSharpe?return per unit of riskWorst decline?past 10 years10Y returntotalCorr. with MRVL?lower diversifies moreExpenseper year
MRVLMarvell Technology, Inc. · this page
+28.0%65.3%0.70−61.9%+1,732%1.00—
SPYState Street SPDR S&P 500 ETF · S&P 500
+12.5%17.2%0.78−33.7%+316%0.530.09%
Popular alternativesbest 6 shownThe investments people most often weigh against MRVL. 6 of 19 passed at least one test.
AVGOBroadcom Inc. · Semiconductors
Higher return, lower volatilityHigher Sharpe, smaller worst decline+46.9%44.6%1.09−48.3%+2,254%0.52—
TSMTaiwan Semiconductor Manufacturing Company Limited · Semiconductors
Higher return, lower volatilityHigher Sharpe, smaller worst decline+31.0%38.6%0.90−56.6%+1,440%0.67—
ANETArista Networks, Inc. · Communications Equipment
Higher return, lower volatilityHigher Sharpe, smaller worst decline+47.6%49.1%1.04−52.2%+3,158%0.48—
NVDANVIDIA Corporation · Semiconductors
Higher return, lower volatility+56.5%51.9%1.12−66.3%+12,166%0.49—
AMDAdvanced Micro Devices, Inc. · Semiconductors
Higher return, lower volatility+33.5%57.7%0.79−65.5%+7,146%0.65—
MTSIMACOM Technology Solutions Holdings, Inc. · Semiconductors
Similar return, lower volatility+28.1%47.8%0.76−80.8%+492%0.57—
Same and neighboring categories, and shared themesbest 6 shownEverything else in Semiconductors and the categories next to it (Semiconductor Equipment, Communications Equipment, Computer Hardware, Electronic Components), plus MRVL's specific themes. 22 of 122 passed at least one test.
MUMicron Technology, Inc. · Semiconductors
Higher return, lower volatilityHigher return in most periods+67.0%57.1%1.19−57.6%+5,050%0.51—
DELLDell Technologies Inc. · Computer Hardware
Higher return, lower volatilityHigher return in most periods+53.8%54.5%1.06−59.6%+3,613%0.40—
APHAmphenol Corporation · Electronic Components
Higher return, lower volatilityHigher Sharpe, smaller worst decline+31.3%32.4%1.01−37.5%+887%0.55—
LRCXLam Research Corporation · Semiconductor Equipment
Higher return, lower volatilityHigher Sharpe, smaller worst decline+34.2%50.1%0.84−56.4%+2,542%0.64—
SOXQInvesco PHLX Semiconductor ETF · Semiconductors
Similar return, lower volatilityHigher Sharpe, smaller worst decline+27.1%39.0%0.81−46.0%—0.790.19%
LITELumentum Holdings Inc. · Communications Equipment
Higher return, similar volatility+55.0%64.7%1.00−66.9%+1,718%0.34—
The whole marketbest 8 shownEvery other stock and fund worth at least $500 million. 190 of 3,515 passed at least one test.
LLYEli Lilly and Company · Pharmaceuticals
Higher return, lower volatilityHigher Sharpe, smaller worst declineSmaller losses in recent crashes+41.2%32.8%1.22−34.5%+1,870%0.14—
CAHCardinal Health, Inc. · Health Care Distribution
On the frontierHigher return, lower volatilityHigher Sharpe, smaller worst decline+41.7%24.7%1.54−46.1%+345%0.13—
FIXComfort Systems USA, Inc. · Engineering & Construction
On the frontierHigher return, lower volatilityHigher Sharpe, smaller worst decline+73.0%46.9%1.41−49.7%+4,888%0.41—
KNSAKiniksa Pharmaceuticals International, plc · Immunology Therapeutics
Higher return, lower volatilityHigher return in most periods+49.8%53.7%1.01−83.1%—0.14—
AEMAgnico Eagle Mines Limited · Gold Mining
Similar return, lower volatilityHigher Sharpe, smaller worst decline+28.2%38.5%0.84−54.2%+335%-0.12—
XERSXeris Biopharma Holdings, Inc. · Biotechnology
Higher return, similar volatilityHigher return in most periods+42.9%67.0%0.87−96.2%—0.09—
DXJWisdomTree Japan Hedged Equity Fund · Japan Equity
On the frontierHigher Sharpe, smaller worst decline+26.6%19.1%1.34−39.1%+415%0.240.48%
EPUiShares MSCI Peru and Global Exposure ETF · International Equity
Similar return, lower volatilityHigher Sharpe, smaller worst decline+28.1%24.9%1.12−51.0%+258%0.020.59%
What these numbers mean for MRVL
Annual return
MRVL returned 28.0% a year over the past 5 years with dividends reinvested, against 12.5% a year for the S&P 500. At that pace, $10,000 became about $34,300. Annual return is the steady yearly rate that would produce the same total result, so investments held over the same span compare fairly. Guide: What is performance and return? →
Volatility
MRVL's volatility over the past 5 years was 65.3%, 3.8 times the S&P 500's 17.2%. Volatility measures how widely returns swing around their average: in roughly two years out of three, MRVL's return lands within 65.3% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump. Guide: Understanding and measuring risk (volatility) →
Sharpe ratio
MRVL's Sharpe ratio over the past 5 years was 0.70, against 0.78 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. Guide: Balancing reward with risk (Sharpe ratio) →
Worst decline
MRVL's worst fall from a peak to a low over the past 10 years was 61.9%, against 33.7% for the S&P 500. Losses and gains are not symmetric: climbing back from a 61.9% fall takes a 162% gain. Guide: Market crash risk and tail risk →
Correlation
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. Guide: Correlation and diversification →
Show all 162 stocks and funds worth at least $500 million that earned more than MRVL with less volatility

Out of 3,641 tested over 5 years. The strongest 100 are listed, best first, with funds that hold the same thing listed once.

#InvestmentFound inAnnual returnVolatilitySharpeWorst decline10Y returnCorr. with MRVLExpense
1
LLYEli Lilly and Company · Pharmaceuticals
Whole market+41.2%32.8%1.22−34.5%+1,870%0.14—
2
CAHCardinal Health, Inc. · Health Care Distribution
Whole market+41.7%24.7%1.54−46.1%+345%0.13—
3
FIXComfort Systems USA, Inc. · Engineering & Construction
Whole market+73.0%46.9%1.41−49.7%+4,888%0.41—
4
CATCaterpillar Inc. · Industrial Machinery
Whole market+30.7%32.0%1.00−43.4%+913%0.48—
5
MUFGMitsubishi UFJ Financial Group, Inc. · Banks
Whole market+33.5%29.4%1.14−54.9%+485%0.01—
6
PANWPalo Alto Networks, Inc. · Cybersecurity
Whole market+33.4%43.4%0.89−48.0%+1,306%0.45—
7
MCKMcKesson Corporation · Health Care Distribution
Whole market+37.8%25.1%1.41−38.1%+582%-0.11—
8
MUMicron Technology, Inc. · Semiconductors
Same or nearby category+67.0%57.1%1.19−57.6%+5,050%0.51—
9
IBKRInteractive Brokers Group, Inc. · Investment Banking & Brokerage
Whole market+35.3%35.5%1.03−55.1%+929%0.36—
10
MFGMizuho Financial Group, Inc. · Banks
Whole market+33.9%30.6%1.11−45.7%+343%0.07—
11
SCCOSouthern Copper Corporation · Copper Mining
Whole market+30.1%40.8%0.85−55.3%+915%0.07—
12
SMFGSumitomo Mitsui Financial Group, Inc. · Banks
Whole market+34.0%29.4%1.15−47.6%+470%0.03—
13
DELLDell Technologies Inc. · Computer Hardware
Same or nearby category+53.8%54.5%1.06−59.6%+3,613%0.40—
14
PWRQuanta Services, Inc. · Engineering & Construction
Whole market+36.4%37.4%1.02−45.5%+1,878%0.43—
15
VSTVistra Corp. · Independent Power Producers
Whole market+51.7%48.8%1.10−53.3%+1,130%0.21—
16
ESLTElbit Systems Ltd. · Aerospace & Defense
Whole market+39.7%34.6%1.14−35.4%+763%-0.04—
17
EMEEMCOR Group, Inc. · Engineering & Construction
Whole market+40.8%35.4%1.15−48.0%+1,116%0.28—
18
KNSAKiniksa Pharmaceuticals International, plc · Immunology Therapeutics
Whole market+49.8%53.7%1.01−83.1%—0.14—
19
CASYCasey's General Stores, Inc. · Convenience Stores
Whole market+30.8%29.4%1.06−36.1%+560%0.11—
20
BWLPBW LPG Limited · Marine Shipping
Whole market+60.5%50.9%1.19−68.8%+2,648%0.03—
21
GFIGold Fields Limited · Gold Mining
Whole market+34.0%53.5%0.82−56.2%+1,041%-0.14—
22
AMRXAmneal Pharmaceuticals, Inc. · Pharmaceuticals
Whole market+29.3%50.5%0.76−94.8%−5.6%0.27—
23
CWCurtiss-Wright Corporation · Aerospace & Defense
Whole market+29.5%28.8%1.05−48.7%+486%0.17—
24
NVTnVent Electric plc · Electrical Equipment
Whole market+32.5%38.5%0.93−56.2%—0.48—
25
COKECoca-Cola Consolidated, Inc. · Food & Beverages
Whole market+41.6%38.0%1.11−51.7%+1,564%0.11—
26
LPGDorian LPG Ltd. · Marine Shipping
Whole market+55.8%43.6%1.24−62.9%+1,827%-0.06—
27
AVGOBroadcom Inc. · Semiconductors
Popular alternative+46.9%44.6%1.09−48.3%+2,254%0.52—
28
MLIMueller Industries, Inc. · Metal Fabrication
Whole market+36.5%33.4%1.10−53.0%+760%0.25—
29
FROFrontline Plc · Oil & Gas
Whole market+53.9%49.7%1.12−52.0%+1,270%-0.05—
30
APHAmphenol Corporation · Electronic Components
Same or nearby category+31.3%32.4%1.01−37.5%+887%0.55—
31
LRCXLam Research Corporation · Semiconductor Equipment
Same or nearby category+34.2%50.1%0.84−56.4%+2,542%0.64—
32
TSMTaiwan Semiconductor Manufacturing Company Limited · Semiconductors
Popular alternative+31.0%38.6%0.90−56.6%+1,440%0.67—
33
KLACKLA Corporation · Semiconductor Equipment
Same or nearby category+35.3%46.9%0.88−50.9%+2,224%0.68—
34
ASXASE Technology Holding Co., Ltd. · Semiconductors
Same or nearby category+47.3%43.3%1.11−52.5%+883%0.64—
35
PBR-APetróleo Brasileiro S.A. - Petrobras · Integrated Oil & Gas
Whole market+53.5%37.4%1.34−71.7%+733%0.06—
36
IESCIES Holdings, Inc. · Engineering & Construction
Whole market+55.2%58.1%1.05−54.3%+2,824%0.33—
37
JXNJackson Financial Inc. · Life Insurance
Whole market+42.4%43.3%1.04−48.4%—0.04—
38
MPCMarathon Petroleum Corporation · Oil Refining
Whole market+50.0%33.4%1.39−79.7%+1,314%0.01—
39
GLWCorning Inc · Electronic Components
Same or nearby category+29.7%42.2%0.83−51.5%+568%0.49—
40
SMHVanEck Semiconductor ETF · Semiconductors
Same or nearby category+32.2%37.0%0.94−45.3%+1,570%0.770.35%
41
ANETArista Networks, Inc. · Communications Equipment
Popular alternative+47.6%49.1%1.04−52.2%+3,158%0.48—
42
SNEXStoneX Group Inc. · Capital Markets
Whole market+32.5%37.3%0.95−48.7%+669%0.11—
43
CIENCiena Corporation · Communications Equipment
Same or nearby category+43.7%52.9%0.95−49.5%+1,509%0.45—
44
SANMSanmina Corporation · Electronics Manufacturing
Whole market+32.4%48.0%0.83−55.9%+428%0.55—
45
HWMHowmet Aerospace Inc. · Aerospace Components
Whole market+45.1%32.7%1.31−68.9%+928%0.17—
46
NHCNational HealthCare Corporation · Health Care Facilities
Whole market+31.2%28.6%1.10−35.3%+385%0.14—
47
DHTDHT Holdings, Inc. · Oil & Gas
Whole market+40.3%39.0%1.07−39.7%+1,094%-0.13—
48
TRGPTarga Resources Corp. · Oil & Gas Midstream
Whole market+41.8%31.7%1.27−90.8%+829%0.10—
49
USLMUnited States Lime & Minerals, Inc. · Construction Materials
Whole market+36.8%36.1%1.05−45.9%+831%-0.03—
50
CLSCelestica Inc. · Electronics Manufacturing
Whole market+95.8%59.9%1.43−80.6%+2,215%0.51—
51
HURNHuron Consulting Group Inc. · Consulting Services
Whole market+31.3%40.8%0.87−51.4%+238%-0.33—
52
HWKNHawkins, Inc. · Specialty Chemicals
Whole market+29.8%36.6%0.90−44.8%+641%0.18—
53
UFPTUFP Technologies, Inc. · Medical Devices
Whole market+36.5%46.0%0.91−48.3%+1,009%0.17—
54
ESQEsquire Financial Holdings, Inc. · Regional Banks
Whole market+32.1%31.8%1.04−56.5%—0.13—
55
ATIATI Inc. · Metals & Mining
Whole market+58.9%43.2%1.29−82.4%+809%0.09—
56
IGICInternational General Insurance Holdings Ltd. · Insurance
Whole market+30.6%30.9%1.02−50.6%—-0.02—
57
ODCOil-Dri Corporation of America · Specialty Chemicals
Whole market+36.9%36.9%1.04−48.9%+474%0.12—
58
NWPXNWPX Infrastructure, Inc. · Infrastructure
Whole market+32.7%36.3%0.97−46.5%+619%0.38—
59
HSBCHSBC Holdings plc · Banks
Whole market+32.8%25.9%1.23−62.3%+314%0.11—
60
CLMBClimb Global Solutions, Inc. · Technology Distribution
Whole market+38.4%45.5%0.94−53.4%+886%0.12—
61
GEGE Aerospace · Aerospace & Defense
Whole market+36.0%31.0%1.15−80.9%+135%0.24—
62
PBRPetróleo Brasileiro S.A. - Petrobras · Integrated Oil & Gas
Whole market+52.4%37.4%1.32−75.3%+647%0.04—
63
INSWInternational Seaways, Inc. · Oil & Gas
Whole market+58.7%40.6%1.35−57.4%—-0.10—
64
SANBanco Santander, S.A. · Banks
Whole market+31.7%33.9%0.99−73.8%+307%0.03—
65
BBVABanco Bilbao Vizcaya Argentaria, S.A. · Banks
Whole market+39.0%33.3%1.16−69.6%+515%-0.01—
66
VLOValero Energy Corporation · Oil Refining
Whole market+43.8%36.9%1.18−71.9%+1,014%0.07—
67
PSXPhillips 66 · Oil Refining
Whole market+32.7%32.9%1.03−64.2%+413%-0.05—
68
SUSuncor Energy Inc. · Integrated Oil & Gas
Whole market+33.1%32.5%1.05−73.5%+289%-0.19—
69
BELFBBel Fuse Inc. · Electronic Components
Same or nearby category+75.9%52.3%1.35−79.8%+818%0.40—
70
IMOImperial Oil Limited · Integrated Oil & Gas
Whole market+33.7%32.0%1.07−77.1%+411%-0.14—
71
FTITechnipFMC plc · Oilfield Services
Whole market+54.6%41.2%1.27−85.8%+173%0.03—
72
TEVATeva Pharmaceutical Industries Limited · Specialty Pharmaceuticals
Whole market+31.7%42.8%0.85−85.3%−3.6%0.14—
73
AUAngloGold Ashanti Plc · Gold Mining
Whole market+38.0%50.0%0.90−66.3%+661%-0.10—
74
STLDSteel Dynamics, Inc. · Steel
Whole market+32.4%38.0%0.93−68.5%+1,019%0.17—
75
BAPCredicorp Ltd. · Banks
Whole market+29.7%30.3%1.01−59.2%+281%0.13—
76
NVDANVIDIA Corporation · Semiconductors
Popular alternative+56.5%51.9%1.12−66.3%+12,166%0.49—
77
SBSCompanhia de Saneamento Básico do Estado de São Paulo - SABESP · Water Utilities
Whole market+40.9%36.9%1.11−62.0%+282%0.18—
78
JBLJabil Inc. · Electronics Manufacturing
Whole market+34.5%39.7%0.95−57.3%+1,210%0.62—
79
YPFYPF Sociedad Anónima · Integrated Oil & Gas
Whole market+61.5%54.1%1.15−90.1%+164%0.09—
80
CIBGrupo Cibest S.A. · Banks
Whole market+33.5%32.9%1.04−70.4%+351%0.02—
81
ROIVRoivant Sciences Ltd. · Immunology Therapeutics
Whole market+40.7%58.6%0.87−79.2%—0.21—
82
FLEXFlex Ltd. · Electronics Manufacturing
Whole market+32.7%48.5%0.83−70.0%+457%0.61—
83
KGCKinross Gold Corporation · Gold Mining
Whole market+31.4%45.6%0.83−67.9%+573%-0.14—
84
CRSCarpenter Technology Corporation · Metals & Mining
Whole market+57.4%47.4%1.20−74.7%+775%0.21—
85
DINOHF Sinclair Corporation · Oil Refining
Whole market+31.8%38.8%0.91−77.3%+596%0.04—
86
UNMUnum Group · Life Insurance
Whole market+31.4%29.3%1.08−81.0%+263%0.10—
87
FTAIFTAI Aviation Ltd. · Aerospace & Defense
Whole market+51.4%57.3%1.02−72.8%+2,602%0.14—
88
STRLSterling Infrastructure, Inc. · Engineering & Construction
Whole market+74.9%60.2%1.23−62.5%+4,686%0.37—
89
THCTenet Healthcare Corporation · Health Care Facilities
Whole market+30.8%45.0%0.83−71.7%+1,036%0.04—
90
XPOXPO Logistics, Inc. · Trucking
Whole market+30.0%47.0%0.79−64.5%+1,487%0.27—
91
PRPermian Resources Corporation · Exploration & Production
Whole market+31.5%47.0%0.82−98.9%+95.0%-0.12—
92
STXSeagate Technology Holdings plc · Computer Hardware
Same or nearby category+53.4%48.8%1.12−57.0%+2,597%0.55—
93
MOG-AMoog Inc. · Aerospace Components
Whole market+35.1%32.1%1.10−63.7%+540%0.25—
94
WDCWestern Digital Corporation · Computer Hardware
Same or nearby category+52.5%53.6%1.06−70.5%+889%0.59—
95
AGIAlamos Gold Inc. · Gold Mining
Whole market+31.5%42.4%0.86−66.1%+276%-0.15—
96
EMBJEmbraer S.A. · Aerospace & Defense
Whole market+32.5%45.0%0.85−85.2%+261%0.15—
97
VISTVista Energy, S.A.B. de C.V. · Exploration & Production
Whole market+59.9%50.7%1.18−81.2%—0.02—
98
IDCCInterDigital, Inc. · Intellectual Property Licensing
Whole market+39.4%36.9%1.09−64.9%+392%0.29—
99
MODModine Manufacturing Company · Electrical Equipment
Whole market+63.2%61.9%1.10−88.1%+1,086%0.30—
100
PBFPBF Energy Inc. · Oil Refining
Whole market+41.7%59.1%0.89−91.5%+387%-0.05—

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. Investments toward the upper left earned more for a smoother ride, and those toward the lower right earned less for a rougher one. The dashed lines cross at MRVL, which divides the map into what did better or worse on each measure.

Green points earned more than MRVL with less volatility; red points earned less with more. Hover over a point for its figures. Total returns with dividends reinvested, annualized.

10.0%20.0%30.0%40.0%50.0%60.0%70.0%−20.0%−10.0%0.0%10.0%20.0%30.0%40.0%50.0%60.0%Volatility over 5 years (annualized)Annual return over 5 yearsHigher return, lower volatilityLower return, higher volatilityMRVL: 28.0% a year, volatility 65.3%SPY (S&P 500): 12.5% a year, volatility 17.2%NVDA: 56.5% a year, volatility 51.9%AMD: 33.5% a year, volatility 57.7%AVGO: 46.9% a year, volatility 44.6%ANET: 47.6% a year, volatility 49.1%TSM: 31.0% a year, volatility 38.6%MTSI: 28.1% a year, volatility 47.8%MSFT: 11.9% a year, volatility 28.2%SWKS: −10.5% a year, volatility 42.9%ADI: 18.6% a year, volatility 34.2%ON: 9.8% a year, volatility 55.9%AMZN: 8.5% a year, volatility 36.6%TXN: 10.1% a year, volatility 33.8%CSCO: 16.9% a year, volatility 26.1%SLAB: 7.8% a year, volatility 48.3%QCOM: 7.9% a year, volatility 42.8%NXPI: 5.5% a year, volatility 42.3%MPWR: 18.9% a year, volatility 55.5%SIMO: 25.3% a year, volatility 55.5%INTC: 13.4% a year, volatility 55.5%MRVLSPY (S&P 500)NVDAAMDAVGOANETTSMMTSIMSFTSWKSADIONAMZNTXNCSCOSLABQCOMNXPIMPWRSIMOINTC10.0%20.0%30.0%40.0%50.0%60.0%70.0%−20.0%0.0%20.0%40.0%60.0%Volatility over 5 years (annualized)Annual return over 5 yearsHigher return, lower volatilityLower return, higher volatilityMRVL: 28.0% a year, volatility 65.3%SPY (S&P 500): 12.5% a year, volatility 17.2%NVDA: 56.5% a year, volatility 51.9%AMD: 33.5% a year, volatility 57.7%AVGO: 46.9% a year, volatility 44.6%ANET: 47.6% a year, volatility 49.1%TSM: 31.0% a year, volatility 38.6%MTSI: 28.1% a year, volatility 47.8%MSFT: 11.9% a year, volatility 28.2%SWKS: −10.5% a year, volatility 42.9%ADI: 18.6% a year, volatility 34.2%ON: 9.8% a year, volatility 55.9%AMZN: 8.5% a year, volatility 36.6%TXN: 10.1% a year, volatility 33.8%CSCO: 16.9% a year, volatility 26.1%SLAB: 7.8% a year, volatility 48.3%QCOM: 7.9% a year, volatility 42.8%NXPI: 5.5% a year, volatility 42.3%MPWR: 18.9% a year, volatility 55.5%SIMO: 25.3% a year, volatility 55.5%INTC: 13.4% a year, volatility 55.5%MRVLSPY (S&P 500)NVDAAMDAVGOTSMMTSISWKSADIONAMZNCSCOSLABNXPIMPWRINTC
All figures
InvestmentAnnual returnVolatility
NVDA NVIDIA Corporation+56.5%51.9%
ANET Arista Networks, Inc.+47.6%49.1%
AVGO Broadcom Inc.+46.9%44.6%
AMD Advanced Micro Devices, Inc.+33.5%57.7%
TSM Taiwan Semiconductor Manufacturing Company Limited+31.0%38.6%
MTSI MACOM Technology Solutions Holdings, Inc.+28.1%47.8%
MRVL This pageMarvell Technology, Inc.+28.0%65.3%
SIMO Silicon Motion Technology Corporation+25.3%55.5%
MPWR Monolithic Power Systems, Inc.+18.9%55.5%
ADI Analog Devices, Inc.+18.6%34.2%
CSCO Cisco Systems, Inc.+16.9%26.1%
INTC Intel Corp.+13.4%55.5%
SPY S&P 500State Street SPDR S&P 500 ETF+12.5%17.2%
MSFT Microsoft Corporation+11.9%28.2%
TXN Texas Instruments Incorporated+10.1%33.8%
ON ON Semiconductor Corporation+9.8%55.9%
AMZN Amazon.com, Inc.+8.5%36.6%
QCOM QUALCOMM Incorporated+7.9%42.8%
SLAB Silicon Laboratories Inc.+7.8%48.3%
NXPI NXP Semiconductors N.V.+5.5%42.3%
SWKS Skyworks Solutions, Inc.−10.5%42.9%
Open these 21 in EasyCompare

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. Counting how often an alternative earned more than MRVL helps separate lasting outperformance from a single strong stretch.

A green cell means the alternative earned more than MRVL over that period. "Qualified" marks those that did so in at least 3 of 5 short-term periods and 2 of 3 long-term periods.

InvestmentPeriods outperformed Short termLong termRisk · 5 yearsFund
1M3M6MYTD1Y3Y5Y10YVolatilitylower is calmerSharpehigher is betterWorst declinepast 10 yearsExpenseAssetsOverlapsame sectors
MRVL Marvell Technology, Inc. (this page)—−14.8%+5.9%+42.1%+150%+176%+360%+243%+1,732%65.3%0.70−61.9%—$196B—
NVDA SemiconductorsNVIDIA Corporation1/5 short3/3 long−7.3%+0.2%+5.0%+12.6%+18.0%+395%+839%+12,166%51.9%1.12−66.3%—$5.1T—
AMD SemiconductorsAdvanced Micro Devices, Inc.1/5 short3/3 long−18.6%−8.0%+67.4%+127%+121%+408%+324%+7,146%57.7%0.79−65.5%—$829B—
AVGO SemiconductorsBroadcom Inc.1/5 short2/3 long−11.3%−18.4%−23.3%−6.5%−4.3%+287%+585%+2,254%44.6%1.09−48.3%—$1.5T—
ANET Computer HardwareArista Networks, Inc.0/5 short2/3 long−16.6%−2.2%−3.7%+28.0%+16.7%+267%+601%+3,158%49.1%1.04−52.2%—$216B—
TSM SemiconductorsTaiwan Semiconductor Manufacturing Company Limited1/5 short1/3 long−8.8%−1.8%+7.0%+30.0%+44.2%+368%+285%+1,440%38.6%0.90−56.6%—$2.1T—
CRDO SemiconductorsCredo Technology Group Holding Ltd0/5 short1/3 long−15.5%−28.7%−14.1%+13.7%+18.6%+1,019%————−62.0%—$31B—
MSFT Software - InfrastructureMicrosoft Corporation2/5 short0/3 long+4.6%+33.7%+20.9%+10.9%+0.9%+61.9%+75.6%+862%28.2%0.54−37.1%—$3.9T—
SWKS SemiconductorsSkyworks Solutions, Inc.2/5 short0/3 long−8.4%+30.4%+34.5%+30.6%+15.0%+0.4%−42.6%+30.3%42.9%-0.04−72.9%—$12B—
ADI SemiconductorsAnalog Devices, Inc.1/5 short0/3 long−1.2%+0.1%+1.7%+42.2%+62.5%+147%+135%+625%34.2%0.67−33.6%—$187B—
ON SemiconductorsON Semiconductor Corporation1/5 short0/3 long−0.5%−20.7%−17.7%+29.2%+41.0%−12.4%+59.3%+506%55.9%0.45−70.4%—$29B—
AMZN Specialty RetailAmazon.com, Inc.1/5 short0/3 long−1.8%+2.3%−1.9%+10.5%+14.9%+97.8%+50.1%+498%36.6%0.41−56.1%—$2.7T—
TXN SemiconductorsTexas Instruments Incorporated1/5 short0/3 long+3.0%−4.5%+19.5%+60.1%+68.0%+108%+61.8%+413%33.8%0.45−33.4%—$255B—
CSCO Communication EquipmentCisco Systems, Inc.1/5 short0/3 long−1.1%−6.2%+17.7%+39.7%+51.2%+117%+118%+361%26.1%0.73−42.0%—$414B—
SLAB SemiconductorsSilicon Laboratories Inc.1/5 short0/3 long−0.4%+1.8%+3.2%+67.6%+67.7%+121%+45.9%+274%48.3%0.39−59.0%—$7.4B—
QCOM SemiconductorsQUALCOMM Incorporated1/5 short0/3 long−12.8%−1.1%+28.2%+1.5%+4.2%+69.5%+46.5%+230%42.8%0.39−44.3%—$185B—
NXPI SemiconductorsNXP Semiconductors N.V.1/5 short0/3 long+0.1%−14.3%+6.2%+8.9%+11.4%+37.5%+30.4%+166%42.3%0.33−53.3%—$60B—
MPWR SemiconductorsMonolithic Power Systems, Inc.0/5 short0/3 long−15.3%−16.4%−23.0%+25.4%+17.4%+189%+137%+1,495%55.5%0.59−51.6%—$57B—
MTSI SemiconductorsMACOM Technology Solutions Holdings, Inc.0/5 short0/3 long−17.9%−18.7%−17.1%+31.3%+69.0%+212%+246%+492%47.8%0.76−80.8%—$18B—
SIMO SemiconductorsSilicon Motion Technology Corporation0/5 short0/3 long−33.6%−33.1%+33.0%+102%+107%+271%+209%+401%55.5%0.68−56.5%—$6.3B—
INTC SemiconductorsIntel Corp.0/5 short0/3 long−31.0%−16.7%+31.0%+117%+132%+157%+87.6%+199%55.5%0.50−70.8%—$452B—
ALAB SemiconductorsAstera Labs, Inc. Common Stock0/5 short0/3 long−29.1%−22.1%+32.9%+43.6%+66.5%—————−63.7%—$45B—
Open these 22 in EasyCompare

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. Annual results reveal how consistently each one kept pace with MRVL and how far its good and bad years diverged, detail that multiyear averages tend to smooth over.

Newest year first. Green marks a year in which the fund came out ahead of MRVL; gray means the two finished within a fraction of a point. The rank row places MRVL among the alternatives that traded the full year; dark green is the top quarter and red the bottom quarter.

InvestmentYears ahead of MRVL2025202420232022202120202019201820172016201520142013201220112010200920082007200620052004200320022001
MRVL This pageMarvell Technology, Inc.—−22.8%+83.8%+63.7%−57.5%+84.6%+80.3%+65.7%−23.6%+56.9%+60.5%−37.8%+2.5%+102%−46.7%−25.3%−10.6%+211%−52.3%−27.1%−31.6%+58.1%+87.1%+101%−47.2%+63.5%
Rank among alternativesTop quarter in 9 of 2521 of 226 of 218 of 2120 of 205 of 206 of 206 of 2015 of 204 of 203 of 2020 of 2016 of 191 of 1917 of 1815 of 1813 of 172 of 1611 of 1615 of 1615 of 162 of 151 of 147 of 149 of 143 of 14
SPY S&P 500State Street SPDR S&P 500 ETF12 of 25+17.7%+24.9%+26.2%−18.2%+28.7%+18.3%+31.2%−4.6%+21.7%+12.0%+1.2%+13.5%+32.3%+16.0%+1.9%+15.1%+26.4%−36.8%+5.1%+15.9%+4.8%+10.7%+28.2%−21.6%−11.7%
NVDA NVIDIA Corporation16 of 25+38.9%+171%+239%−50.2%+125%+122%+76.4%−30.8%+82.5%+228%+67.1%+27.4%+33.5%−11.0%−10.0%−17.6%+131%−76.3%+37.9%+102%+55.2%+1.6%+102%−82.8%+308%
AMD Advanced Micro Devices, Inc.10 of 25+77.3%−18.1%+128%−55.0%+56.9%+100.0%+148%+79.6%−9.3%+295%+7.5%−31.0%+61.3%−55.6%−34.0%−15.5%+348%−71.2%−63.1%−33.5%+39.0%+47.8%+131%−59.3%+14.8%
AVGO Broadcom Inc.10 of 16+50.6%+110%+104%−13.3%+56.5%+45.0%+29.0%+2.2%+48.2%+23.6%+46.1%+93.4%+70.0%+12.0%+3.0%+55.4%—————————
ANET Arista Networks, Inc.8 of 11+18.6%+87.7%+94.1%−15.6%+97.9%+42.9%−3.5%−10.5%+143%+24.2%+28.2%——————————————
TSM Taiwan Semiconductor Manufacturing Company Limited13 of 25+55.7%+92.0%+41.8%−37.0%+11.7%+91.6%+63.3%−4.3%+37.9%+31.2%+4.9%+31.1%+4.5%+37.7%+7.3%+14.9%+52.9%−16.1%−4.3%+18.9%+27.1%−4.2%+56.7%−54.8%+39.5%
CRDO Credo Technology Group Holding Ltd2 of 3+114%+245%+46.3%——————————————————————
MSFT Microsoft Corporation12 of 25+15.6%+12.9%+58.2%−28.0%+52.5%+42.5%+57.6%+20.8%+40.8%+15.1%+22.7%+27.5%+44.3%+5.8%−4.5%−6.5%+60.5%−44.4%+20.8%+15.8%−1.0%+9.2%+6.2%−22.0%+52.8%
SWKS Skyworks Solutions, Inc.9 of 25−25.5%−18.9%+26.5%−40.0%+2.7%+28.4%+84.1%−28.3%+28.7%−1.2%+6.7%+156%+40.6%+25.2%−43.4%+102%+156%−34.8%+20.2%+38.9%−45.9%+8.4%+0.9%−60.5%−41.1%
ADI Analog Devices, Inc.11 of 25+29.8%+8.8%+23.4%−4.9%+21.0%+26.9%+41.3%−1.6%+25.3%+35.0%+2.4%+12.2%+24.7%+21.2%−2.4%+22.7%+71.5%−38.0%−1.5%−6.7%−1.9%−18.7%+91.4%−46.2%−13.3%
ON ON Semiconductor Corporation14 of 25−14.1%−24.5%+33.9%−8.2%+108%+34.3%+47.7%−21.1%+64.1%+30.2%−3.3%+22.9%+16.9%−8.7%−21.9%+12.0%+159%−61.7%+17.3%+36.9%+21.8%−29.9%+373%−33.8%−60.6%
AMZN Amazon.com, Inc.13 of 25+5.2%+44.4%+80.9%−49.6%+2.4%+76.3%+23.0%+28.4%+56.0%+10.9%+118%−22.2%+59.0%+45.0%−3.9%+33.7%+163%−44.7%+135%−16.5%+6.8%−16.0%+178%+74.6%−30.5%
TXN Texas Instruments Incorporated10 of 25−4.5%+13.1%+6.4%−9.9%+17.5%+31.7%+39.6%−7.2%+46.8%+36.7%+5.1%+25.1%+46.3%+7.9%−8.8%+27.0%+72.0%−52.8%+17.0%−9.8%+30.7%−15.9%+96.6%−46.2%−40.8%
CSCO Cisco Systems, Inc.11 of 25+33.5%+21.0%+9.3%−22.5%+45.8%−3.5%+13.8%+16.6%+31.3%+15.1%+0.6%+28.0%+16.7%+11.6%−9.6%−15.5%+46.9%−39.8%−1.0%+59.7%−11.4%−20.3%+85.0%−27.7%−52.6%
SLAB Silicon Laboratories Inc.14 of 25+5.2%−6.1%−2.5%−34.3%+62.1%+9.8%+47.2%−10.8%+35.9%+33.9%+1.9%+10.0%+3.6%−3.7%−5.7%−4.9%+95.2%−33.8%+8.0%−5.5%+3.8%−18.4%+127%−43.4%+134%
QCOM QUALCOMM Incorporated11 of 25+13.8%+8.3%+35.1%−38.6%+22.3%+77.1%+60.8%−7.6%+1.1%+35.1%−30.6%+2.3%+22.4%+14.9%+12.3%+9.0%+31.1%−7.6%+5.5%−11.3%+2.5%+58.3%+49.1%−28.0%−38.5%
NXPI NXP Semiconductors N.V.6 of 15+6.4%−8.0%+48.4%−29.2%+44.8%+26.6%+75.7%−37.0%+19.5%+16.3%+10.3%+66.3%+74.5%+71.2%−26.6%——————————
MPWR Monolithic Power Systems, Inc.13 of 21+54.4%−5.5%+79.8%−27.8%+35.5%+107%+54.8%+4.5%+38.2%+30.1%+30.0%+44.9%+55.6%+54.9%−8.8%−31.1%+90.1%−41.3%+93.3%−25.9%+61.2%————
MTSI MACOM Technology Solutions Holdings, Inc.6 of 13+31.8%+39.8%+47.6%−19.6%+42.3%+107%+83.3%−55.4%−29.7%+13.2%+30.7%+84.1%+13.5%————————————
SIMO Silicon Motion Technology Corporation10 of 20+76.9%−8.9%−4.9%−30.4%+102%−1.8%+51.7%−33.1%+27.1%+37.6%+35.4%+72.5%+4.6%−30.5%+381%+24.5%+48.8%−87.1%+12.1%+32.3%—————
INTC Intel Corp.13 of 25+84.0%−59.6%+94.5%−46.6%+6.0%−14.7%+30.7%+4.2%+30.9%+8.7%−2.2%+44.3%+30.9%−12.0%+19.4%+6.3%+43.9%−43.5%+34.2%−17.2%+8.1%−26.6%+107%−50.3%+4.9%
ALAB Astera Labs, Inc. Common Stock1 of 1+25.6%————————————————————————
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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. This section presents MRVL's five deepest drawdowns since it began trading in 2000, alongside the S&P 500's return over the same dates, and how long each took to recover. Together, these figures show how much an investor could have lost and how long it took to get back to even.

Green means MRVL fell less than the S&P 500 over the same dates. Based on daily closing prices with dividends reinvested.

DuringMRVL fellS&P 500, same datesPeakLowTime to the lowBack at the peakTime to recover
Dot-com bust−91.6%−24.9%Sep 2000Apr 20017 monthsNov 20054.6 years
2008 financial crisis−86.5%−38.1%Jan 2006Nov 20082.8 yearsMay 202011.5 years
2022 bear market−61.9%−17.4%Dec 2021Jan 202313 monthsNov 202422 months
No named crash−60.8%−16.9%Jan 2025Apr 20253 monthsApr 202612 months
No named crash−48.4%−3.4%Jun 2026Jul 20261 monthNot yet—

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. A smaller decline means an investment held up better, and comparing results across crashes shows whether that resilience was consistent or a one-off.

Note: MRVL began trading on June 27, 2000, so its row reads "Not yet trading" for the dot-com bust. The older alternatives and the S&P 500 show how those crashes played out.

Newest crash first. Each figure is the fund's deepest fall within the crash window; green means a smaller fall than MRVL.

InvestmentHeld up better2023 regional bank crisisMar 20232022 bear marketJan 2022Covid crashFeb 2020Late-2018 sell-offSep 2018February 2018 volatility shockFeb 20182015 China and oil sell-offAug 20152011 euro debt crisisJul 20112010 flash crashMay 20102008 financial crisisOct 2007Dot-com bustMar 2000
MRVL This pageMarvell Technology, Inc.—−12.0%−56.8%−31.6%−26.1%−7.5%−37.6%−23.1%0.0%−74.3%Not yet trading
SPY S&P 500State Street SPDR S&P 500 ETF7 of 9−3.4%−24.5%−33.7%−19.3%−6.5%−12.8%−17.9%−1.5%−55.2%−47.5%
NVDA NVIDIA Corporation2 of 9−5.0%−60.7%−37.5%−55.9%−8.5%−25.3%−23.8%−1.7%−85.1%−89.7%
AMD Advanced Micro Devices, Inc.1 of 9−3.9%−60.1%−34.3%−48.9%−9.9%−40.0%−41.5%0.0%−87.6%−93.3%
AVGO Broadcom Inc.5 of 8−2.8%−34.3%−46.8%−15.2%−4.5%−21.6%−26.7%0.0%——
ANET Arista Networks, Inc.4 of 6−1.5%−36.6%−31.2%−31.2%−6.1%−36.6%————
TSM Taiwan Semiconductor Manufacturing Company Limited7 of 9−3.9%−54.3%−23.3%−21.4%−9.3%−13.2%−15.7%0.0%−48.0%−82.4%
CRDO Credo Technology Group Holding Ltd1 of 1−10.5%—————————
MSFT Microsoft Corporation7 of 9−2.0%−31.0%−27.7%−18.2%−7.4%−14.4%−14.1%−2.6%−57.9%−62.9%
SWKS Skyworks Solutions, Inc.4 of 9−3.0%−50.0%−43.0%−32.3%−5.3%−38.6%−37.2%−3.4%−66.0%−95.7%
ADI Analog Devices, Inc.6 of 9−2.6%−22.6%−33.6%−18.1%−7.2%−22.7%−18.6%−1.2%−55.0%−82.0%
ON ON Semiconductor Corporation3 of 9−6.4%−34.0%−59.6%−23.7%−12.2%−39.2%−28.5%0.0%−80.0%—
AMZN Amazon.com, Inc.6 of 9−3.4%−39.6%−22.7%−33.2%−7.1%−30.6%−20.7%−2.9%−65.3%−91.8%
TXN Texas Instruments Incorporated7 of 9−2.6%−21.7%−29.8%−19.5%−9.3%−18.4%−21.6%−1.3%−61.4%−85.4%
CSCO Cisco Systems, Inc.8 of 9−1.4%−35.4%−29.1%−17.5%−5.3%−22.8%−16.6%−3.1%−60.0%−89.3%
SLAB Silicon Laboratories Inc.5 of 9−3.4%−42.9%−34.8%−22.7%−10.1%−32.0%−25.2%−1.9%−60.6%—
QCOM QUALCOMM Incorporated6 of 9−5.6%−41.5%−32.2%−26.8%−6.6%−30.7%−19.2%−0.5%−48.0%−84.9%
NXPI NXP Semiconductors N.V.4 of 7−4.2%−38.8%−52.0%−27.4%−4.0%−35.5%−39.8%———
MPWR Monolithic Power Systems, Inc.6 of 9−5.1%−39.7%−27.9%−21.4%−9.8%−18.1%−32.0%−5.4%−72.3%—
MTSI MACOM Technology Solutions Holdings, Inc.3 of 6−4.8%−43.9%−48.1%−37.0%−41.5%−22.4%————
SIMO Silicon Motion Technology Corporation3 of 9−7.3%−38.1%−36.8%−40.2%−12.4%−19.2%−30.8%−1.5%−92.4%—
INTC Intel Corp.7 of 9−1.0%−54.1%−33.5%−13.0%−6.7%−19.7%−16.2%−0.9%−55.2%−82.3%
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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. An investment that captures more of the gains than the losses has compounded ahead of the market over time. This section compares MRVL with its popular alternatives on both measures, and on beta (how strongly each has moved with the market), over the past 10 years.

Monthly total returns over the past 10 years, measured against SPY. 100% capture or a beta of 1.00 means moving in line with the S&P 500. Green marks a better figure than MRVL's: more upside, less downside or a higher capture ratio. Sorted by capture ratio.

InvestmentUpside captureDownside captureCapture ratioBeta
MRVL This pageMarvell Technology, Inc.167%116%1.441.68
ANET Arista Networks, Inc.174%91%1.921.40
AVGO Broadcom Inc.158%86%1.851.19
TSM Taiwan Semiconductor Manufacturing Company Limited138%75%1.841.15
NVDA NVIDIA Corporation248%140%1.771.83
MPWR Monolithic Power Systems, Inc.156%107%1.461.31
AMD Advanced Micro Devices, Inc.254%179%1.422.25
MSFT Microsoft Corporation127%91%1.390.96
ADI Analog Devices, Inc.117%92%1.261.20
SIMO Silicon Motion Technology Corporation126%116%1.091.41
CSCO Cisco Systems, Inc.101%96%1.060.97
TXN Texas Instruments Incorporated113%108%1.041.18
INTC Intel Corp.98%100%0.981.43
AMZN Amazon.com, Inc.134%139%0.961.31
MTSI MACOM Technology Solutions Holdings, Inc.148%157%0.941.93
ON ON Semiconductor Corporation161%185%0.871.95
SLAB Silicon Laboratories Inc.113%130%0.871.18
QCOM QUALCOMM Incorporated115%139%0.831.51
NXPI NXP Semiconductors N.V.115%157%0.731.63
SWKS Skyworks Solutions, Inc.88%149%0.591.31
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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). This section lists large ETFs and stocks whose returns have had a low correlation with MRVL's. Because such investments tend not to fall at the same time, pairing MRVL with them can reduce a portfolio's overall swings.

Only ETFs with at least $1.0B in assets and stocks worth at least $10B, with a correlation below 0.5 over the past 5 years and a positive return, are included, ranked by Sharpe ratio; funds that hold the same thing are shown once. The year columns are the years in which MRVL lost money. The last two columns show a portfolio that is 80% MRVL and 20% the other investment, rebalanced monthly.

ETFs

InvestmentCorrelation5Y returnSharpe2025202220182015201220112010200820072006200280/20 mix volatility80/20 mix annual return
MRVL Marvell Technology, Inc. (this page)1.00+243%0.70−22.8%−57.5%−23.6%−37.8%−46.7%−25.3%−10.6%−52.3%−27.1%−31.6%−47.2%66.3%+34.9%
LVHI InternationalFranklin International Low Volatility High Dividend Index ETF0.00+119%1.48+27.1%+3.8%−5.2%————————53.0%+35.3%
DXJ InternationalWisdomTree Japan Hedged Equity Fund0.24+225%1.34+32.8%+6.0%−19.8%+7.7%+19.6%−16.1%−1.8%−20.8%−7.4%——53.7%+37.2%
PJUL Broad MarketInnovator U.S. Equity Power Buffer ETF0.46+64.2%1.20+12.8%−2.1%—————————53.8%+33.4%
EMLP Broad MarketFirst Trust North American Energy Infrastructure Fund0.16+103%1.06+9.7%+10.4%−8.7%−25.3%———————53.5%+34.8%
HDV Dividend & IncomeiShares Core High Dividend ETF0.00+86.8%1.03+11.9%+7.0%−3.0%−0.3%+9.6%——————53.1%+34.3%
FTLS Broad MarketFirst Trust Long/Short Equity ETF0.47+61.5%0.97+9.1%−5.6%−4.8%+4.7%———————53.8%+33.4%
DBEF InternationalXtrackers MSCI EAFE Hedged Equity ETF0.36+83.6%0.95+23.1%−5.1%−9.5%+4.1%+20.9%——————53.8%+34.1%
IOO InternationaliShares Global 100 ETF0.47+107%0.94+27.0%−16.3%−6.3%−1.8%+13.7%−4.1%+5.9%−36.1%+11.1%+19.9%−24.0%54.5%+34.5%

Stocks

InvestmentCorrelation5Y returnSharpe2025202220182015201220112010200820072006200280/20 mix volatility80/20 mix annual return
MRVL Marvell Technology, Inc. (this page)1.00+243%0.70−22.8%−57.5%−23.6%−37.8%−46.7%−25.3%−10.6%−52.3%−27.1%−31.6%−47.2%66.3%+34.9%
CAH Medical - DistributionCardinal Health, Inc.0.13+471%1.54+76.3%+54.1%−24.5%+12.6%+3.8%+8.1%+21.4%−39.6%−9.8%−5.8%−8.3%54.0%+40.0%
MCK Medical - DistributionMcKesson Corporation-0.11+397%1.41+44.5%+51.8%−28.4%−4.5%+25.6%+11.8%+13.8%−40.4%+29.7%−1.2%−27.2%52.7%+40.2%
FIX Engineering & ConstructionComfort Systems USA, Inc.0.41+1,452%1.41+121%+17.0%+0.8%+67.7%+15.7%−17.0%+8.7%−15.2%+2.1%+38.9%−9.4%57.3%+48.2%
MPC Oil & Gas Refining & MarketingMarathon Petroleum Corporation0.01+660%1.39+19.2%+86.6%−8.2%+17.4%+94.3%——————53.4%+42.9%
PBR Oil & Gas IntegratedPetróleo Brasileiro S.A. - Petrobras0.04+721%1.32+2.3%+55.4%+27.7%−41.1%−20.0%−32.1%−18.1%−55.6%+132%+51.1%−32.0%53.8%+42.6%
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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 46.9% a year at 44.6% volatility, against 28.0% a year at 65.3%. 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 67.0% a year at 57.1% volatility, against 28.0% a year at 65.3%.

Is MRVL more volatile than the S&P 500?

Yes. MRVL's volatility over the past 5 years was 65.3%, 3.8 times the S&P 500's 17.2%. Volatility measures how widely returns swing around their average: in roughly two years out of three, MRVL's return lands within 65.3% 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 0.70, against 0.78 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), MCK (correlation -0.11) and FIX (correlation 0.41). A correlation near zero means the two have moved largely independently.

How we measure

More research

Popular alternatives to MRVL