MRVL vs. DELL

Last updated Jun 13, 2026

MRVL (Marvell Technology, Inc.) and DELL (Dell Technologies Inc.) are both stocks. Both are in the Technology sector — MRVL in Semiconductors, DELL in Computer Hardware. Over the past 5 years, MRVL returned 40.49%/yr vs 52.50%/yr for DELL. At a 0.50 correlation, their price movements are largely independent.

Performance

MRVL vs. DELL - Performance Comparison

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

Returns By Period

In the year-to-date period, MRVL achieves a 229.54% return, which is significantly higher than DELL's 216.60% return.

MRVL

• 1D: -0.36%
• 1M: 57.18%
• YTD: 229.54%
• 6M: 231.70%
• 1Y: 302.72%
• 3Y*: 64.86%
• 5Y*: 40.49%
• 10Y*: 40.68%

DELL

• 1D: 1.05%
• 1M: 62.21%
• YTD: 216.60%
• 6M: 206.61%
• 1Y: 254.13%
• 3Y*: 104.49%
• 5Y*: 52.50%
• 10Y*: —

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

MRVL vs. DELL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
MRVL Marvell Technology, Inc.	229.54%	-22.82%	83.79%	63.68%	-57.48%	84.62%	80.25%	65.74%	9.46%
DELL Dell Technologies Inc.	216.60%	11.22%	52.97%	95.85%	-26.63%	51.21%	42.62%	5.16%	14.50%

Correlation

The correlation between MRVL and DELL is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since Dec 21, 2018	0.50

The correlation between MRVL and DELL has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.

Fundamentals

Market Cap MRVL : $249.86B DELL : $259.49B
EPS MRVL : $2.90 DELL : $12.42
PE Ratio MRVL : 96.58 DELL : 31.85
PEG Ratio MRVL : 0.18 DELL : 2.03
PS Ratio MRVL : 27.99 DELL : 2.00
Total Revenue (TTM) MRVL : $8.72B DELL : $134.00B
Gross Profit (TTM) MRVL : $4.41B DELL : $25.67B
EBITDA (TTM) MRVL : $4.27B DELL : $10.64B

Return for Risk

MRVL vs. DELL — 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: 96
MRVL Omega Ratio Rank: 95
MRVL Calmar Ratio Rank: 98
MRVL Martin Ratio Rank: 98

DELL

DELL Risk / Return Rank: 96
DELL Sharpe Ratio Rank: 98
DELL Sortino Ratio Rank: 97
DELL Omega Ratio Rank: 96
DELL Calmar Ratio Rank: 97
DELL Martin Ratio Rank: 95

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. DELL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Marvell Technology, Inc. (MRVL) and Dell Technologies Inc. (DELL). 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.

	MRVL	DELL	Difference
Sharpe ratio: Return per unit of total volatility	4.30	3.89	+0.41
Sortino ratio: Return per unit of downside risk	4.07	4.57	-0.50
Omega ratio: Gain probability vs. loss probability	1.55	1.56	-0.01
Calmar ratio: Return relative to maximum drawdown	11.57	7.91	+3.65
Martin ratio: Return relative to average drawdown	26.42	17.63	+8.79

MRVL vs. DELL - Sharpe Ratio Comparison

The current MRVL Sharpe Ratio is 4.30, which is comparable to the DELL Sharpe Ratio of 3.89. The chart below compares the historical Sharpe Ratios of MRVL and DELL, 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

MRVL vs. DELL - Drawdown Comparison

The maximum MRVL drawdown since its inception was -91.60%, which is greater than DELL's maximum drawdown of -59.59%. Use the drawdown chart below to compare losses from any high point for MRVL and DELL.

Drawdown Indicators

	MRVL	DELL	Difference
Max Drawdown Largest peak-to-trough decline	-91.60%	-59.59%	-32.01%
Max Drawdown (1Y) Largest decline over 1 year	-26.36%	-32.34%	+5.98%
Max Drawdown (3Y) Largest decline over 3 years	-60.79%	-59.59%	-1.20%
Max Drawdown (5Y) Largest decline over 5 years	-61.88%	-59.59%	-2.29%
Max Drawdown (10Y) Largest decline over 10 years	-61.88%	—	—
Current Drawdown Current decline from peak	-11.61%	-15.11%	+3.50%
Average Drawdown Average peak-to-trough decline	-46.74%	-18.48%	-28.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.52%	14.49%	-2.97%

Volatility

MRVL vs. DELL - Volatility Comparison

Marvell Technology, Inc. (MRVL) has a higher volatility of 40.61% compared to Dell Technologies Inc. (DELL) at 36.55%. This indicates that MRVL's price experiences larger fluctuations and is considered to be riskier than DELL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MRVL	DELL	Difference
Volatility (1M) Calculated over the trailing 1-month period	40.61%	36.55%	+4.06%
Volatility (6M) Calculated over the trailing 6-month period	55.42%	54.73%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	70.94%	65.88%	+5.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.82%	50.86%	+10.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.94%	47.99%	+3.95%

Dividends

MRVL vs. DELL - Dividend Comparison

MRVL's dividend yield for the trailing twelve months is around 0.09%, less than DELL's 0.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DELL Dell Technologies Inc.	0.56%	1.60%	1.48%	1.88%	2.46%	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

MRVL vs. DELL - Profitability Comparison

The chart below illustrates the profitability comparison between Marvell Technology, Inc. and Dell Technologies Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MRVL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Marvell Technology, Inc. reported a gross profit of 1.26B and revenue of 2.42B. Therefore, the gross margin over that period was 52.2%.

DELL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dell Technologies Inc. reported a gross profit of 7.78B and revenue of 43.84B. Therefore, the gross margin over that period was 17.8%.

MRVL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Marvell Technology, Inc. reported an operating income of 339.40M and revenue of 2.42B, resulting in an operating margin of 14.0%.

DELL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dell Technologies Inc. reported an operating income of 3.66B and revenue of 43.84B, resulting in an operating margin of 8.3%.

MRVL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Marvell Technology, Inc. reported a net income of 34.50M and revenue of 2.42B, resulting in a net margin of 1.4%.

DELL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dell Technologies Inc. reported a net income of 3.44B and revenue of 43.84B, resulting in a net margin of 7.8%.

Frequently Asked Questions

Can I hold both MRVL and DELL in my portfolio?

MRVL and DELL have a correlation of 0.46, 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 DELL?

MRVL has higher volatility (40.61%) compared to DELL (36.55%). In terms of maximum drawdown, MRVL dropped -91.60% vs DELL's -59.59%.

Which has better risk-adjusted returns?

MRVL currently has the higher Sharpe Ratio (4.30 vs 3.89), 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.