MLM vs. NVDA
MLM (Martin Marietta Materials, Inc.) and NVDA (NVIDIA Corporation) are both stocks. MLM operates in Building Materials (Basic Materials), while NVDA operates in Semiconductors (Technology). Over the past 10 years, MLM returned 12.89%/yr vs 68.84%/yr for NVDA. At a 0.29 correlation, their price movements are largely independent.
Performance
MLM vs. NVDA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MLM achieves a -6.10% return, which is significantly lower than NVDA's 15.15% return. Over the past 10 years, MLM has underperformed NVDA with an annualized return of 12.89%, while NVDA has yielded a comparatively higher 68.84% annualized return.
MLM
- 1D
- 1.08%
- 1M
- -3.20%
- YTD
- -6.10%
- 6M
- -5.06%
- 1Y
- 7.47%
- 3Y*
- 12.64%
- 5Y*
- 11.32%
- 10Y*
- 12.89%
NVDA
- 1D
- -3.62%
- 1M
- 8.20%
- YTD
- 15.15%
- 6M
- 19.59%
- 1Y
- 52.10%
- 3Y*
- 76.15%
- 5Y*
- 65.05%
- 10Y*
- 68.84%
MLM vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLM Martin Marietta Materials, Inc. | -6.10% | 21.25% | 4.08% | 48.62% | -22.73% | 56.11% | 2.57% | 64.18% | -21.55% | 0.57% |
NVDA NVIDIA Corporation | 15.15% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
Correlation
The correlation between MLM and NVDA is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 1999 | 0.29 |
Over the past year, the correlation between MLM and NVDA has dropped to 0.09 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.
Fundamentals
MLM:
$35.22B
NVDA:
$5.24T
MLM:
$18.20
NVDA:
$6.53
MLM:
32.03
NVDA:
32.91
MLM:
1.43
NVDA:
0.18
MLM:
5.38
NVDA:
20.72
MLM:
3.12
NVDA:
26.80
MLM:
$6.55B
NVDA:
$253.49B
MLM:
$1.94B
NVDA:
$187.95B
MLM:
$1.96B
NVDA:
$192.76B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MLM vs. NVDA — Risk / Return Rank
MLM
NVDA
MLM vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Martin Marietta Materials, Inc. (MLM) and NVIDIA Corporation (NVDA). 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.
| MLM | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.26 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 2.59 | -2.29 |
| Martin ratioReturn relative to average drawdown | 0.84 | 6.36 | -5.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MLM | NVDA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | 1.53 | -1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 1.27 | -0.84 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 1.39 | -0.97 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.63 | -0.26 |
Drawdowns
MLM vs. NVDA - Drawdown Comparison
The maximum MLM drawdown since its inception was -63.73%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for MLM and NVDA.
Loading charts...
Drawdown Indicators
| MLM | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.73% | -89.72% | +25.99% |
Max Drawdown (1Y)Largest decline over 1 year | -24.69% | -20.21% | -4.48% |
Max Drawdown (3Y)Largest decline over 3 years | -26.78% | -36.88% | +10.10% |
Max Drawdown (5Y)Largest decline over 5 years | -32.75% | -66.34% | +33.59% |
Max Drawdown (10Y)Largest decline over 10 years | -48.34% | -66.34% | +18.00% |
Current DrawdownCurrent decline from peak | -17.43% | -8.90% | -8.53% |
Average DrawdownAverage peak-to-trough decline | -21.46% | -36.21% | +14.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.95% | 8.21% | +0.74% |
Volatility
MLM vs. NVDA - Volatility Comparison
The current volatility for Martin Marietta Materials, Inc. (MLM) is 8.90%, while NVIDIA Corporation (NVDA) has a volatility of 12.53%. This indicates that MLM experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MLM | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.90% | 12.53% | -3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 20.33% | 25.54% | -5.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.57% | 34.22% | -9.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.55% | 51.69% | -25.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.74% | 49.80% | -19.06% |
Dividends
MLM vs. NVDA - Dividend Comparison
MLM's dividend yield for the trailing twelve months is around 0.57%, more than NVDA's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLM Martin Marietta Materials, Inc. | 0.57% | 0.52% | 0.59% | 0.56% | 0.75% | 0.54% | 0.79% | 0.74% | 1.07% | 0.78% | 0.74% | 1.17% |
NVDA NVIDIA Corporation | 0.02% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Financials
MLM vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Martin Marietta Materials, Inc. and NVIDIA 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.
Total Revenue: Total amount of money received from sales and other business activities
MLM vs. NVDA - Profitability Comparison
MLM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Martin Marietta Materials, Inc. reported a gross profit of 310.00M and revenue of 1.36B. Therefore, the gross margin over that period was 22.8%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a gross profit of 61.16B and revenue of 81.62B. Therefore, the gross margin over that period was 74.9%.
MLM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Martin Marietta Materials, Inc. reported an operating income of 162.00M and revenue of 1.36B, resulting in an operating margin of 11.9%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
MLM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Martin Marietta Materials, Inc. reported a net income of 79.00M and revenue of 1.36B, resulting in a net margin of 5.8%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a net income of 58.32B and revenue of 81.62B, resulting in a net margin of 71.5%.
Frequently Asked Questions
MLM and NVDA have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDA has higher volatility (12.53%) compared to MLM (8.90%). In terms of maximum drawdown, MLM dropped -63.73% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (1.53 vs 0.31), 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.
Find the right allocation for MLM and NVDA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer