AEVA vs. MRVL

Last updated Jun 9, 2026

AEVA (Aeva Technologies, Inc.) and MRVL (Marvell Technology, Inc.) are both stocks. AEVA operates in Auto Parts (Consumer Cyclical), while MRVL operates in Semiconductors (Technology). Over the past 5 years, AEVA returned -16.40%/yr vs 42.37%/yr for MRVL. At a 0.36 correlation, their price movements are largely independent.

Performance

AEVA vs. MRVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aeva Technologies, Inc. (AEVA) and Marvell Technology, Inc. (MRVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AEVA achieves a 73.87% return, which is significantly lower than MRVL's 240.32% return.

AEVA

• 1D: 0.35%
• 1M: 70.15%
• YTD: 73.87%
• 6M: 53.02%
• 1Y: 10.48%
• 3Y*: 49.22%
• 5Y*: -16.40%
• 10Y*: —

MRVL

• 1D: 9.63%
• 1M: 69.78%
• YTD: 240.32%
• 6M: 214.35%
• 1Y: 323.75%
• 3Y*: 69.41%
• 5Y*: 42.37%
• 10Y*: 41.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AEVA vs. MRVL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AEVA Aeva Technologies, Inc.	73.87%	179.58%	25.38%	-44.29%	-82.01%	-48.01%	51.46%
MRVL Marvell Technology, Inc.	240.32%	-22.82%	83.79%	63.68%	-57.48%	84.62%	114.11%

Correlation

The correlation between AEVA and MRVL is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Feb 27, 2020	0.36

The correlation between AEVA and MRVL shifts across timeframes, from 0.27 (1 year) to 0.39 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AEVA : $1.45B MRVL : $258.03B
EPS AEVA : -$2.52 MRVL : $2.90
PS Ratio AEVA : 63.51 MRVL : 28.91
Total Revenue (TTM) AEVA : $20.97M MRVL : $8.72B
Gross Profit (TTM) AEVA : $971.00K MRVL : $4.41B
EBITDA (TTM) AEVA : $21.17M MRVL : $4.27B

Return for Risk

AEVA vs. MRVL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AEVA

AEVA Risk / Return Rank: 49
AEVA Sharpe Ratio Rank: 46
AEVA Sortino Ratio Rank: 55
AEVA Omega Ratio Rank: 53
AEVA Calmar Ratio Rank: 46
AEVA Martin Ratio Rank: 44

MRVL

MRVL Risk / Return Rank: 97
MRVL Sharpe Ratio Rank: 99
MRVL Sortino Ratio Rank: 96
MRVL Omega Ratio Rank: 96
MRVL Calmar Ratio Rank: 98
MRVL Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AEVA vs. MRVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aeva Technologies, Inc. (AEVA) and Marvell Technology, Inc. (MRVL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AEVA	MRVL	Difference
Sharpe ratio: Return per unit of total volatility	0.09	4.70	-4.61
Sortino ratio: Return per unit of downside risk	1.00	4.28	-3.28
Omega ratio: Gain probability vs. loss probability	1.12	1.59	-0.48
Calmar ratio: Return relative to maximum drawdown	0.14	12.37	-12.23
Martin ratio: Return relative to average drawdown	0.19	28.64	-28.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AEVA vs. MRVL - Sharpe Ratio Comparison

The current AEVA Sharpe Ratio is 0.09, which is lower than the MRVL Sharpe Ratio of 4.70. The chart below compares the historical Sharpe Ratios of AEVA and MRVL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AEVA	MRVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.09	4.70	-4.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	0.69	-0.86
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.23	-0.36

Drawdowns

AEVA vs. MRVL - Drawdown Comparison

The maximum AEVA drawdown since its inception was -97.71%, which is greater than MRVL's maximum drawdown of -91.60%. Use the drawdown chart below to compare losses from any high point for AEVA and MRVL.

Drawdown Indicators

	AEVA	MRVL	Difference
Max Drawdown Largest peak-to-trough decline	-97.71%	-91.60%	-6.11%
Max Drawdown (1Y) Largest decline over 1 year	-75.68%	-26.36%	-49.32%
Max Drawdown (3Y) Largest decline over 3 years	-75.68%	-60.79%	-14.89%
Max Drawdown (5Y) Largest decline over 5 years	-96.02%	-61.88%	-34.14%
Max Drawdown (10Y) Largest decline over 10 years	—	-61.88%	—
Current Drawdown Current decline from peak	-76.91%	-8.72%	-68.19%
Average Drawdown Average peak-to-trough decline	-70.68%	-46.77%	-23.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.91%	11.37%	+44.54%

Volatility

AEVA vs. MRVL - Volatility Comparison

Aeva Technologies, Inc. (AEVA) and Marvell Technology, Inc. (MRVL) have volatilities of 39.11% and 38.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AEVA	MRVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.11%	38.50%	+0.61%
Volatility (6M) Calculated over the trailing 6-month period	78.74%	54.32%	+24.42%
Volatility (1Y) Calculated over the trailing 1-year period	114.82%	69.56%	+45.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.00%	61.51%	+35.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.35%	51.77%	+39.58%

Dividends

AEVA vs. MRVL - Dividend Comparison

AEVA has not paid dividends to shareholders, while MRVL's dividend yield for the trailing twelve months is around 0.08%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AEVA Aeva Technologies, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MRVL Marvell Technology, Inc.	0.08%	0.28%	0.22%	0.40%	0.65%	0.21%	0.50%	0.90%	1.48%	1.12%	1.73%	2.72%

Financials

Frequently Asked Questions

Can I hold both AEVA and MRVL in my portfolio?

AEVA and MRVL have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AEVA or MRVL?

AEVA has higher volatility (39.11%) compared to MRVL (38.50%). In terms of maximum drawdown, AEVA dropped -97.71% vs MRVL's -91.60%.

Which has better risk-adjusted returns?

MRVL currently has the higher Sharpe Ratio (4.70 vs 0.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.