MRVL vs. ASTS

Last updated Jun 10, 2026

MRVL (Marvell Technology, Inc.) and ASTS (AST SpaceMobile, Inc.) are both stocks. MRVL operates in Semiconductors (Technology), while ASTS operates in Telecom Services (Communication Services). Over the past 5 years, MRVL returned 39.34%/yr vs 55.49%/yr for ASTS. At a 0.30 correlation, their price movements are largely independent.

Performance

MRVL vs. ASTS - Performance Comparison

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

Returns By Period

In the year-to-date period, MRVL achieves a 214.43% return, which is significantly higher than ASTS's 22.14% return.

MRVL

• 1D: -7.61%
• 1M: 56.87%
• YTD: 214.43%
• 6M: 200.57%
• 1Y: 287.04%
• 3Y*: 65.00%
• 5Y*: 39.34%
• 10Y*: 40.15%

ASTS

• 1D: -3.64%
• 1M: 18.20%
• YTD: 22.14%
• 6M: 21.79%
• 1Y: 154.77%
• 3Y*: 148.94%
• 5Y*: 55.49%
• 10Y*: —

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

MRVL vs. ASTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MRVL Marvell Technology, Inc.	214.43%	-22.82%	83.79%	63.68%	-57.48%	84.62%	80.25%	9.14%
ASTS AST SpaceMobile, Inc.	22.14%	244.22%	249.92%	25.10%	-39.29%	-41.53%	37.59%	1.02%

Correlation

The correlation between MRVL and ASTS is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Nov 1, 2019	0.30

Fundamentals

Market Cap MRVL : $238.40B ASTS : $25.79B
EPS MRVL : $2.90 ASTS : -$1.84
PS Ratio MRVL : 26.71 ASTS : 277.17
PB Ratio MRVL : 13.09 ASTS : 9.69
Total Revenue (TTM) MRVL : $8.72B ASTS : $84.94M
Gross Profit (TTM) MRVL : $4.41B ASTS : -$22.93M
EBITDA (TTM) MRVL : $4.27B ASTS : -$536.80M

Return for Risk

MRVL vs. ASTS — Risk / Return Rank

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

MRVL

MRVL Risk / Return Rank: 97
MRVL Sharpe Ratio Rank: 98
MRVL Sortino Ratio Rank: 95
MRVL Omega Ratio Rank: 95
MRVL Calmar Ratio Rank: 98
MRVL Martin Ratio Rank: 97

ASTS

ASTS Risk / Return Rank: 81
ASTS Sharpe Ratio Rank: 83
ASTS Sortino Ratio Rank: 80
ASTS Omega Ratio Rank: 76
ASTS Calmar Ratio Rank: 85
ASTS Martin Ratio Rank: 81

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.

MRVL vs. ASTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Marvell Technology, Inc. (MRVL) and AST SpaceMobile, Inc. (ASTS). 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.

	MRVL	ASTS	Difference
Sharpe ratio: Return per unit of total volatility	4.14	1.50	+2.64
Sortino ratio: Return per unit of downside risk	3.99	2.21	+1.78
Omega ratio: Gain probability vs. loss probability	1.55	1.26	+0.29
Calmar ratio: Return relative to maximum drawdown	10.97	3.27	+7.70
Martin ratio: Return relative to average drawdown	25.29	6.44	+18.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MRVL vs. ASTS - Sharpe Ratio Comparison

The current MRVL Sharpe Ratio is 4.14, which is higher than the ASTS Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of MRVL and ASTS, 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

	MRVL	ASTS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.14	1.50	+2.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.51	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.40	-0.17

Drawdowns

MRVL vs. ASTS - Drawdown Comparison

The maximum MRVL drawdown since its inception was -91.60%, roughly equal to the maximum ASTS drawdown of -91.07%. Use the drawdown chart below to compare losses from any high point for MRVL and ASTS.

Drawdown Indicators

	MRVL	ASTS	Difference
Max Drawdown Largest peak-to-trough decline	-91.60%	-91.07%	-0.53%
Max Drawdown (1Y) Largest decline over 1 year	-26.36%	-47.69%	+21.33%
Max Drawdown (3Y) Largest decline over 3 years	-60.79%	-70.66%	+9.87%
Max Drawdown (5Y) Largest decline over 5 years	-61.88%	-85.57%	+23.69%
Max Drawdown (10Y) Largest decline over 10 years	-61.88%	—	—
Current Drawdown Current decline from peak	-15.66%	-33.35%	+17.69%
Average Drawdown Average peak-to-trough decline	-46.76%	-43.35%	-3.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.41%	24.15%	-12.74%

Volatility

MRVL vs. ASTS - Volatility Comparison

Marvell Technology, Inc. (MRVL) and AST SpaceMobile, Inc. (ASTS) have volatilities of 39.77% and 38.98%, 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

	MRVL	ASTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.77%	38.98%	+0.79%
Volatility (6M) Calculated over the trailing 6-month period	55.03%	82.97%	-27.94%
Volatility (1Y) Calculated over the trailing 1-year period	69.91%	104.74%	-34.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.61%	109.29%	-47.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.81%	100.48%	-48.67%

Dividends

MRVL vs. ASTS - Dividend Comparison

MRVL's dividend yield for the trailing twelve months is around 0.09%, while ASTS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASTS AST SpaceMobile, 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.	0.09%	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 MRVL and ASTS in my portfolio?

MRVL and ASTS have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MRVL or ASTS?

MRVL has higher volatility (39.77%) compared to ASTS (38.98%). In terms of maximum drawdown, MRVL dropped -91.60% vs ASTS's -91.07%.

Which has better risk-adjusted returns?

MRVL currently has the higher Sharpe Ratio (4.14 vs 1.50), 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.