CVCO vs. MPX

Last updated Jun 4, 2026

CVCO (Cavco Industries, Inc.) and MPX (Marine Products Corporation) are both stocks. Both are in the Consumer Cyclical sector — CVCO in Residential Construction, MPX in Recreational Vehicles. Over the past 10 years, CVCO returned 18.72%/yr vs 5.77%/yr for MPX. At a 0.34 correlation, their price movements are largely independent.

Performance

CVCO vs. MPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cavco Industries, Inc. (CVCO) and Marine Products Corporation (MPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CVCO achieves a -7.83% return, which is significantly lower than MPX's -3.38% return. Over the past 10 years, CVCO has outperformed MPX with an annualized return of 18.72%, while MPX has yielded a comparatively lower 5.77% annualized return.

CVCO

• 1D: -0.27%
• 1M: 13.56%
• YTD: -7.83%
• 6M: -7.20%
• 1Y: 26.91%
• 3Y*: 26.19%
• 5Y*: 19.06%
• 10Y*: 18.72%

MPX

• 1D: -0.61%
• 1M: 7.32%
• YTD: -3.38%
• 6M: -1.00%
• 1Y: 6.43%
• 3Y*: -6.21%
• 5Y*: -5.46%
• 10Y*: 5.77%

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

CVCO vs. MPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CVCO Cavco Industries, Inc.	-7.83%	32.38%	28.74%	53.20%	-28.77%	81.05%	-10.20%	49.85%	-14.56%	52.83%
MPX Marine Products Corporation	-3.38%	9.94%	-4.14%	1.11%	-1.75%	-11.49%	4.01%	-11.35%	35.87%	-5.81%

Correlation

The correlation between CVCO and MPX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Jul 2, 2003	0.34

The correlation between CVCO and MPX shifts across timeframes, from 0.34 (1 year) to 0.45 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CVCO : $4.27B MPX : $287.67M
EPS CVCO : $23.93 MPX : $0.26
PE Ratio CVCO : 22.76 MPX : 31.67
PS Ratio CVCO : 1.93 MPX : 1.55
PB Ratio CVCO : 3.87 MPX : 2.44
Total Revenue (TTM) CVCO : $2.24B MPX : $185.42M
Gross Profit (TTM) CVCO : $526.89M MPX : $35.82M
EBITDA (TTM) CVCO : $248.96M MPX : $15.06M

Return for Risk

CVCO vs. MPX — Risk / Return Rank

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

CVCO

CVCO Risk / Return Rank: 57
CVCO Sharpe Ratio Rank: 60
CVCO Sortino Ratio Rank: 54
CVCO Omega Ratio Rank: 57
CVCO Calmar Ratio Rank: 57
CVCO Martin Ratio Rank: 57

MPX

MPX Risk / Return Rank: 39
MPX Sharpe Ratio Rank: 41
MPX Sortino Ratio Rank: 36
MPX Omega Ratio Rank: 37
MPX Calmar Ratio Rank: 40
MPX Martin Ratio Rank: 40

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.

CVCO vs. MPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cavco Industries, Inc. (CVCO) and Marine Products Corporation (MPX). 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.

	CVCO	MPX	Difference
Sharpe ratio Return per unit of total volatility	0.59	0.01	+0.57
Sortino ratio Return per unit of downside risk	1.01	0.27	+0.74
Omega ratio Gain probability vs. loss probability	1.15	1.04	+0.12
Calmar ratio Return relative to maximum drawdown	0.78	0.02	+0.76
Martin ratio Return relative to average drawdown	1.68	0.04	+1.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CVCO vs. MPX - Sharpe Ratio Comparison

The current CVCO Sharpe Ratio is 0.59, which is higher than the MPX Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of CVCO and MPX, 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

	CVCO	MPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	0.01	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	-0.13	+0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.12	+0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.18	+0.26

Drawdowns

CVCO vs. MPX - Drawdown Comparison

The maximum CVCO drawdown since its inception was -60.85%, smaller than the maximum MPX drawdown of -83.21%. Use the drawdown chart below to compare losses from any high point for CVCO and MPX.

Drawdown Indicators

	CVCO	MPX	Difference
Max Drawdown Largest peak-to-trough decline	-60.85%	-83.21%	+22.36%
Max Drawdown (1Y) Largest decline over 1 year	-34.68%	-28.23%	-6.45%
Max Drawdown (3Y) Largest decline over 3 years	-34.68%	-45.53%	+10.85%
Max Drawdown (5Y) Largest decline over 5 years	-43.23%	-53.45%	+10.22%
Max Drawdown (10Y) Largest decline over 10 years	-57.89%	-69.51%	+11.62%
Current Drawdown Current decline from peak	-21.97%	-40.80%	+18.83%
Average Drawdown Average peak-to-trough decline	-16.70%	-41.08%	+24.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.09%	12.60%	+3.49%

Volatility

CVCO vs. MPX - Volatility Comparison

Cavco Industries, Inc. (CVCO) has a higher volatility of 12.24% compared to Marine Products Corporation (MPX) at 10.99%. This indicates that CVCO's price experiences larger fluctuations and is considered to be riskier than MPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVCO	MPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.24%	10.99%	+1.25%
Volatility (6M) Calculated over the trailing 6-month period	36.46%	29.37%	+7.09%
Volatility (1Y) Calculated over the trailing 1-year period	46.16%	37.16%	+9.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.84%	42.90%	-2.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.64%	48.84%	-5.20%

Dividends

CVCO vs. MPX - Dividend Comparison

CVCO has not paid dividends to shareholders, while MPX's dividend yield for the trailing twelve months is around 6.85%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CVCO Cavco Industries, 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%
MPX Marine Products Corporation	6.85%	14.38%	19.85%	4.91%	4.25%	3.68%	2.75%	4.03%	2.37%	2.59%	1.73%	2.65%

Financials

Frequently Asked Questions

Can I hold both CVCO and MPX in my portfolio?

CVCO and MPX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CVCO or MPX?

CVCO has higher volatility (12.24%) compared to MPX (10.99%). In terms of maximum drawdown, CVCO dropped -60.85% vs MPX's -83.21%.

Which has better risk-adjusted returns?

CVCO currently has the higher Sharpe Ratio (0.59 vs 0.01), 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.