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MARA vs. QS
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

MARA vs. QS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MARA Holdings, Inc. (MARA) and QuantumScape Corporation (QS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MARA achieves a 53.45% return, which is significantly higher than QS's -26.49% return.


MARA

1D
11.85%
1M
6.49%
YTD
53.45%
6M
14.36%
1Y
-12.67%
3Y*
13.68%
5Y*
-12.02%
10Y*
-10.80%

QS

1D
-0.13%
1M
1.59%
YTD
-26.49%
6M
-39.21%
1Y
85.47%
3Y*
6.73%
5Y*
-24.41%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

MARA vs. QS - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
MARA
MARA Holdings, Inc.
53.45%-46.45%-28.61%586.84%-89.59%214.75%169.77%
QS
QuantumScape Corporation
-26.49%100.77%-25.32%22.57%-74.45%-73.72%757.36%

Correlation

The correlation between MARA and QS is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.55

Correlation (3Y)
Calculated over the trailing 3-year period

0.50

Correlation (5Y)
Calculated over the trailing 5-year period

0.54

Correlation (All Time)
Calculated using the full available price history since Aug 17, 2020

0.50

The correlation between MARA and QS has been stable across timeframes, ranging from 0.50 to 0.55 - a consistent structural relationship.

Fundamentals

Market Cap

MARA:

$5.24B

QS:

$4.68B

EPS

MARA:

-$4.95

QS:

-$0.72

Total Revenue (TTM)

MARA:

$867.82M

QS:

$0.00

Gross Profit (TTM)

MARA:

$164.95M

QS:

-$49.03M

EBITDA (TTM)

MARA:

$373.68M

QS:

-$378.92M

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Return for Risk

MARA vs. QS — Risk / Return Rank

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

MARA
MARA Risk / Return Rank: 3737
Overall Rank
MARA Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
MARA Sortino Ratio Rank: 3838
Sortino Ratio Rank
MARA Omega Ratio Rank: 3838
Omega Ratio Rank
MARA Calmar Ratio Rank: 3636
Calmar Ratio Rank
MARA Martin Ratio Rank: 3737
Martin Ratio Rank

QS
QS Risk / Return Rank: 6969
Overall Rank
QS Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
QS Sortino Ratio Rank: 7575
Sortino Ratio Rank
QS Omega Ratio Rank: 7171
Omega Ratio Rank
QS Calmar Ratio Rank: 6767
Calmar Ratio Rank
QS Martin Ratio Rank: 6161
Martin Ratio Rank
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.

MARA vs. QS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MARA Holdings, Inc. (MARA) and QuantumScape Corporation (QS). 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.


MARAQSDifference
Sharpe ratioReturn per unit of total volatility

-0.99

Sortino ratioReturn per unit of downside risk

-1.60

Omega ratioGain probability vs. loss probability

1.04

1.23

-0.19

Calmar ratioReturn relative to maximum drawdown

-0.18

1.27

-1.45

Martin ratioReturn relative to average drawdown

-0.30

2.00

-2.30

MARA vs. QS - Sharpe Ratio Comparison

The current MARA Sharpe Ratio is -0.16, which is lower than the QS Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of MARA and QS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


MARAQSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.16

0.83

-0.99

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.11

-0.29

+0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.09

-0.04

-0.05

Drawdowns

MARA vs. QS - Drawdown Comparison

The maximum MARA drawdown since its inception was -99.74%, roughly equal to the maximum QS drawdown of -97.36%. Use the drawdown chart below to compare losses from any high point for MARA and QS.


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Drawdown Indicators


MARAQSDifference

Max Drawdown

Largest peak-to-trough decline

-99.74%

-97.36%

-2.38%

Max Drawdown (1Y)

Largest decline over 1 year

-70.53%

-67.68%

-2.85%

Max Drawdown (3Y)

Largest decline over 3 years

-78.34%

-73.93%

-4.41%

Max Drawdown (5Y)

Largest decline over 5 years

-95.87%

-91.45%

-4.42%

Max Drawdown (10Y)

Largest decline over 10 years

-99.20%

Current Drawdown

Current decline from peak

-91.09%

-94.18%

+3.09%

Average Drawdown

Average peak-to-trough decline

-78.01%

-85.55%

+7.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

42.27%

42.96%

-0.69%

Volatility

MARA vs. QS - Volatility Comparison

The current volatility for MARA Holdings, Inc. (MARA) is 22.21%, while QuantumScape Corporation (QS) has a volatility of 26.40%. This indicates that MARA experiences smaller price fluctuations and is considered to be less risky than QS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MARAQSDifference

Volatility (1M)

Calculated over the trailing 1-month period

22.21%

26.40%

-4.19%

Volatility (6M)

Calculated over the trailing 6-month period

60.03%

48.57%

+11.46%

Volatility (1Y)

Calculated over the trailing 1-year period

78.82%

103.45%

-24.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

106.02%

85.88%

+20.14%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

144.17%

106.01%

+38.16%

Dividends

MARA vs. QS - Dividend Comparison

Neither MARA nor QS has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

MARA vs. QS - Financials Comparison

This section allows you to compare key financial metrics between MARA Holdings, Inc. and QuantumScape Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0050.00M100.00M150.00M200.00M250.00M20222023202420252026
174.61M
0
(MARA) Total Revenue
(QS) Total Revenue
Values in USD except per share items

Frequently Asked Questions


MARA and QS have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QS has higher volatility (26.40%) compared to MARA (22.21%). In terms of maximum drawdown, MARA dropped -99.74% vs QS's -97.36%.

QS currently has the higher Sharpe Ratio (0.83 vs -0.16), 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.

Portfolio Optimizer

Find the right allocation for MARA and QS

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