MRVL vs. CIFR

Last updated Jun 9, 2026

MRVL (Marvell Technology, Inc.) and CIFR (Cipher Mining Inc.) are both stocks. MRVL operates in Semiconductors (Technology), while CIFR operates in Capital Markets (Financial Services). Over the past 3 years, MRVL returned 69.41%/yr vs 119.40%/yr for CIFR. At a 0.36 correlation, their price movements are largely independent.

Performance

MRVL vs. CIFR - Performance Comparison

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

Returns By Period

In the year-to-date period, MRVL achieves a 240.32% return, which is significantly higher than CIFR's 64.57% return.

MRVL

• 1D: 9.63%
• 1M: 69.78%
• YTD: 240.32%
• 6M: 214.35%
• 1Y: 323.75%
• 3Y*: 69.41%
• 5Y*: 42.37%
• 10Y*: 41.26%

CIFR

• 1D: 8.20%
• 1M: 18.20%
• YTD: 64.57%
• 6M: 24.69%
• 1Y: 522.82%
• 3Y*: 119.40%
• 5Y*: —
• 10Y*: —

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

MRVL vs. CIFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MRVL Marvell Technology, Inc.	240.32%	-22.82%	83.79%	63.68%	-57.48%	41.34%
CIFR Cipher Mining Inc.	64.57%	218.10%	12.35%	637.50%	-87.90%	-54.92%

Correlation

The correlation between MRVL and CIFR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (All Time) Calculated using the full available price history since Aug 31, 2021	0.36

Fundamentals

Market Cap MRVL : $258.03B CIFR : $9.84B
EPS MRVL : $2.90 CIFR : -$2.33
PS Ratio MRVL : 28.91 CIFR : 53.38
PB Ratio MRVL : 14.17 CIFR : 13.78
Total Revenue (TTM) MRVL : $8.72B CIFR : $174.98M
Gross Profit (TTM) MRVL : $4.41B CIFR : -$172.84M
EBITDA (TTM) MRVL : $4.27B CIFR : -$169.22M

Return for Risk

MRVL vs. CIFR — 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: 99
MRVL Sortino Ratio Rank: 96
MRVL Omega Ratio Rank: 96
MRVL Calmar Ratio Rank: 98
MRVL Martin Ratio Rank: 98

CIFR

CIFR Risk / Return Rank: 96
CIFR Sharpe Ratio Rank: 99
CIFR Sortino Ratio Rank: 95
CIFR Omega Ratio Rank: 92
CIFR Calmar Ratio Rank: 98
CIFR Martin Ratio Rank: 96

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. CIFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Marvell Technology, Inc. (MRVL) and Cipher Mining Inc. (CIFR). 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	CIFR	Difference
Sharpe ratio: Return per unit of total volatility	4.70	4.86	-0.17
Sortino ratio: Return per unit of downside risk	4.28	3.84	+0.45
Omega ratio: Gain probability vs. loss probability	1.59	1.45	+0.14
Calmar ratio: Return relative to maximum drawdown	12.37	10.27	+2.11
Martin ratio: Return relative to average drawdown	28.64	20.60	+8.05
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. CIFR - Sharpe Ratio Comparison

The current MRVL Sharpe Ratio is 4.70, which is comparable to the CIFR Sharpe Ratio of 4.86. The chart below compares the historical Sharpe Ratios of MRVL and CIFR, 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	CIFR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.70	4.86	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.16	+0.07

Drawdowns

MRVL vs. CIFR - Drawdown Comparison

The maximum MRVL drawdown since its inception was -91.60%, smaller than the maximum CIFR drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for MRVL and CIFR.

Drawdown Indicators

	MRVL	CIFR	Difference
Max Drawdown Largest peak-to-trough decline	-91.60%	-97.16%	+5.56%
Max Drawdown (1Y) Largest decline over 1 year	-26.36%	-51.38%	+25.02%
Max Drawdown (3Y) Largest decline over 3 years	-60.79%	-71.74%	+10.95%
Max Drawdown (5Y) Largest decline over 5 years	-61.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-61.88%	—	—
Current Drawdown Current decline from peak	-8.72%	-7.61%	-1.11%
Average Drawdown Average peak-to-trough decline	-46.77%	-66.47%	+19.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.37%	25.55%	-14.18%

Volatility

MRVL vs. CIFR - Volatility Comparison

Marvell Technology, Inc. (MRVL) has a higher volatility of 38.50% compared to Cipher Mining Inc. (CIFR) at 27.70%. This indicates that MRVL's price experiences larger fluctuations and is considered to be riskier than CIFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MRVL	CIFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	38.50%	27.70%	+10.80%
Volatility (6M) Calculated over the trailing 6-month period	54.32%	70.95%	-16.63%
Volatility (1Y) Calculated over the trailing 1-year period	69.56%	108.62%	-39.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.51%	122.03%	-60.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.77%	122.03%	-70.26%

Dividends

MRVL vs. CIFR - Dividend Comparison

MRVL's dividend yield for the trailing twelve months is around 0.08%, while CIFR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIFR Cipher Mining 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.	0.08%	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 CIFR in my portfolio?

MRVL and CIFR have a correlation of 0.33, 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 CIFR?

MRVL has higher volatility (38.50%) compared to CIFR (27.70%). In terms of maximum drawdown, MRVL dropped -91.60% vs CIFR's -97.16%.

Which has better risk-adjusted returns?

CIFR currently has the higher Sharpe Ratio (4.86 vs 4.70), 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.