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MRVL vs. EWY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MRVL vs. EWY

Last updated Jun 13, 2026

MRVL (Marvell Technology, Inc.) is a stock, while EWY (iShares MSCI South Korea ETF) is Asia Pacific Equities fund tracking the MSCI Korea Index. Over the past 10 years, MRVL returned 40.68%/yr vs 16.84%/yr for EWY. At a 0.41 correlation, their price movements are largely independent.

Performance

MRVL vs. EWY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Marvell Technology, Inc. (MRVL) and iShares MSCI South Korea ETF (EWY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MRVL achieves a 229.54% return, which is significantly higher than EWY's 103.10% return. Over the past 10 years, MRVL has outperformed EWY with an annualized return of 40.68%, while EWY has yielded a comparatively lower 16.84% annualized 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%

EWY

1D
-0.75%
1M
4.68%
YTD
103.10%
6M
117.85%
1Y
198.25%
3Y*
46.46%
5Y*
18.80%
10Y*
16.84%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MRVL vs. EWY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
MRVL
Marvell Technology, Inc.		229.54%-22.82%83.79%63.68%-57.48%84.62%80.25%65.74%-23.62%56.89%
EWY
iShares MSCI South Korea ETF		103.10%95.33%-20.48%19.05%-26.59%-7.58%39.43%7.97%-20.37%44.97%

Correlation

The correlation between MRVL and EWY 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

0.45

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

0.49

Correlation (10Y)
Calculated over the trailing 10-year period

0.47

Correlation (All Time)
Calculated using the full available price history since Jun 30, 2000

0.41

Compare stocks, funds, or ETFs

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Marvell Technology, Inc.

iShares MSCI South Korea ETF

Often compared with MRVL:
MRVL vs. AVGOMRVL vs. AMDMRVL vs. MUMRVL vs. ALABMRVL vs. SPYMRVL vs. MCHPMRVL vs. NVDA.NEO
Often compared with EWY:
EWY vs. FLKREWY vs. SPYEWY vs. EWJEWY vs. KORUEWY vs. QQQEWY vs. EWTEWY vs. EWH

Return for Risk

MRVL vs. EWY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MRVL
MRVL Risk / Return Rank: 9797
Overall Rank
MRVL Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
MRVL Sortino Ratio Rank: 9696
Sortino Ratio Rank
MRVL Omega Ratio Rank: 9595
Omega Ratio Rank
MRVL Calmar Ratio Rank: 9898
Calmar Ratio Rank
MRVL Martin Ratio Rank: 9898
Martin Ratio Rank
EWY
EWY Risk / Return Rank: 9595
Overall Rank
EWY Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
EWY Sortino Ratio Rank: 9393
Sortino Ratio Rank
EWY Omega Ratio Rank: 9494
Omega Ratio Rank
EWY Calmar Ratio Rank: 9797
Calmar Ratio Rank
EWY Martin Ratio Rank: 9696
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.

MRVL vs. EWY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Marvell Technology, Inc. (MRVL) and iShares MSCI South Korea ETF (EWY). 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.

MRVLEWYDifference
Sharpe ratioReturn per unit of total volatility
4.30
4.29

+0.01

Sortino ratioReturn per unit of downside risk
4.07
4.08

-0.01

Omega ratioGain probability vs. loss probability

1.55

1.59

-0.04

Calmar ratioReturn relative to maximum drawdown

11.57

8.65

+2.92

Martin ratioReturn relative to average drawdown

26.42

30.24

-3.82

MRVL vs. EWY - Sharpe Ratio Comparison

The current MRVL Sharpe Ratio is 4.30, which is comparable to the EWY Sharpe Ratio of 4.29. The chart below compares the historical Sharpe Ratios of MRVL and EWY, 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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Drawdowns

MRVL vs. EWY - Drawdown Comparison

The maximum MRVL drawdown since its inception was -91.60%, which is greater than EWY's maximum drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for MRVL and EWY.

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Drawdown Indicators

MRVLEWYDifference

Max Drawdown

Largest peak-to-trough decline

-91.60%

-74.14%

-17.46%

Max Drawdown (1Y)

Largest decline over 1 year

-26.36%

-23.08%

-3.28%

Max Drawdown (3Y)

Largest decline over 3 years

-60.79%

-27.36%

-33.43%

Max Drawdown (5Y)

Largest decline over 5 years

-61.88%

-48.55%

-13.33%

Max Drawdown (10Y)

Largest decline over 10 years

-61.88%

-49.73%

-12.15%

Current Drawdown

Current decline from peak

-11.61%

-8.88%

-2.73%

Average Drawdown

Average peak-to-trough decline

-46.74%

-20.11%

-26.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.52%

6.59%

+4.93%

Volatility

MRVL vs. EWY - Volatility Comparison

Marvell Technology, Inc. (MRVL) has a higher volatility of 40.61% compared to iShares MSCI South Korea ETF (EWY) at 25.64%. This indicates that MRVL's price experiences larger fluctuations and is considered to be riskier than EWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MRVLEWYDifference

Volatility (1M)

Calculated over the trailing 1-month period

40.61%

25.64%

+14.97%

Volatility (6M)

Calculated over the trailing 6-month period

55.42%

42.65%

+12.77%

Volatility (1Y)

Calculated over the trailing 1-year period

70.94%

46.51%

+24.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

61.82%

30.15%

+31.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

51.94%

28.06%

+23.88%

Dividends

MRVL vs. EWY - Dividend Comparison

MRVL's dividend yield for the trailing twelve months is around 0.09%, less than EWY's 1.03% yield.

PositionTTM20252024202320222021202020192018201720162015
EWY
iShares MSCI South Korea ETF		1.03%2.10%2.55%2.52%1.23%2.16%0.73%2.10%1.34%2.90%1.21%2.42%
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%

Frequently Asked Questions

MRVL and EWY 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.

MRVL has higher volatility (40.61%) compared to EWY (25.64%). In terms of maximum drawdown, MRVL dropped -91.60% vs EWY's -74.14%.

MRVL currently has the higher Sharpe Ratio (4.30 vs 4.29), 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

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