EQIX vs. MVRL

Last updated Jul 11, 2026

EQIX (Equinix, Inc.) is a stock, while MVRL (ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN) is REIT fund tracking the MVIS US Mortgage REITs Index (150%). Over the past 5 years, EQIX returned 7.17%/yr vs -7.33%/yr for MVRL. At a 0.32 correlation, their price movements are largely independent.

Performance

EQIX vs. MVRL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Equinix, Inc. (EQIX) and ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EQIX achieves a 38.64% return, which is significantly higher than MVRL's 1.71% return.

EQIX

• 1D: 1.58%
• 1M: -0.44%
• 6M: 32.71%
• YTD: 38.64%
• 1Y: 42.08%
• 3Y*: 12.47%
• 5Y*: 7.17%
• 10Y*: 12.66%

MVRL

• 1D: 0.97%
• 1M: 4.39%
• 6M: -3.56%
• YTD: 1.71%
• 1Y: 9.22%
• 3Y*: 5.50%
• 5Y*: -7.33%
• 10Y*: —

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

EQIX vs. MVRL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
EQIX Equinix, Inc.	38.64%	-16.88%	19.45%	25.41%	-21.13%	20.28%	3.23%
MVRL ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN	1.71%	14.96%	-3.45%	12.30%	-42.41%	21.71%	66.40%

Correlation

The correlation between EQIX and MVRL is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Jun 3, 2020	0.32

The correlation between EQIX and MVRL shifts across timeframes, from 0.20 (1 year) to 0.39 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

EQIX vs. MVRL — Risk / Return Rank

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

EQIX

EQIX Risk / Return Rank: 88
EQIX Sharpe Ratio Rank: 90
EQIX Sortino Ratio Rank: 90
EQIX Omega Ratio Rank: 87
EQIX Calmar Ratio Rank: 87
EQIX Martin Ratio Rank: 88

MVRL

MVRL Risk / Return Rank: 15
MVRL Sharpe Ratio Rank: 15
MVRL Sortino Ratio Rank: 15
MVRL Omega Ratio Rank: 15
MVRL Calmar Ratio Rank: 15
MVRL Martin Ratio Rank: 15

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.

EQIX vs. MVRL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Equinix, Inc. (EQIX) and ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EQIX	MVRL	Difference
Sharpe ratio: Return per unit of total volatility	1.83	0.30	+1.53
Sortino ratio: Return per unit of downside risk	2.82	0.60	+2.22
Omega ratio: Gain probability vs. loss probability	1.33	1.07	+0.26
Calmar ratio: Return relative to maximum drawdown	3.07	0.39	+2.67
Martin ratio: Return relative to average drawdown	8.39	0.97	+7.42

EQIX vs. MVRL - Sharpe Ratio Comparison

The current EQIX Sharpe Ratio is 1.83, which is higher than the MVRL Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of EQIX and MVRL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EQIX vs. MVRL - Drawdown Comparison

The maximum EQIX drawdown since its inception was -99.44%, which is greater than MVRL's maximum drawdown of -60.25%. Use the drawdown chart below to compare losses from any high point for EQIX and MVRL.

Drawdown Indicators

	EQIX	MVRL	Difference
Max Drawdown Largest peak-to-trough decline	-99.44%	-60.25%	-39.19%
Max Drawdown (1Y) Largest decline over 1 year	-13.66%	-20.93%	+7.27%
Max Drawdown (3Y) Largest decline over 3 years	-24.59%	-32.20%	+7.61%
Max Drawdown (5Y) Largest decline over 5 years	-41.77%	-59.63%	+17.86%
Max Drawdown (10Y) Largest decline over 10 years	-41.77%	—	—
Current Drawdown Current decline from peak	-5.80%	-35.54%	+29.74%
Average Drawdown Average peak-to-trough decline	-52.48%	-31.88%	-20.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.98%	8.40%	-3.42%

Volatility

EQIX vs. MVRL - Volatility Comparison

Equinix, Inc. (EQIX) has a higher volatility of 8.03% compared to ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL) at 6.28%. This indicates that EQIX's price experiences larger fluctuations and is considered to be riskier than MVRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQIX	MVRL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.03%	6.28%	+1.75%
Volatility (6M) Calculated over the trailing 6-month period	17.97%	20.50%	-2.53%
Volatility (1Y) Calculated over the trailing 1-year period	22.87%	27.51%	-4.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.76%	36.49%	-8.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.20%	37.49%	-10.29%

Dividends

EQIX vs. MVRL - Dividend Comparison

EQIX's dividend yield for the trailing twelve months is around 1.87%, less than MVRL's 19.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQIX Equinix, Inc.	1.87%	2.45%	1.81%	1.80%	1.89%	1.36%	1.49%	1.69%	2.59%	1.77%	1.96%	5.86%
MVRL ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN	19.96%	19.15%	19.27%	18.69%	25.21%	12.33%	5.63%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EQIX and MVRL in my portfolio?

EQIX and MVRL have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EQIX or MVRL?

EQIX has higher volatility (8.03%) compared to MVRL (6.28%). In terms of maximum drawdown, EQIX dropped -99.44% vs MVRL's -60.25%.

Which has better risk-adjusted returns?

EQIX currently has the higher Sharpe Ratio (1.83 vs 0.30), 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.