MRVL vs. QQQ
Compare and contrast key facts about Marvell Technology Group Ltd. (MRVL) and Invesco QQQ (QQQ).
QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRVL or QQQ.
Performance
MRVL vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, MRVL achieves a 47.61% return, which is significantly higher than QQQ's 22.63% return. Over the past 10 years, MRVL has outperformed QQQ with an annualized return of 21.64%, while QQQ has yielded a comparatively lower 18.02% annualized return.
MRVL
47.61%
11.10%
19.32%
60.18%
28.19%
21.64%
QQQ
22.63%
1.12%
10.25%
30.41%
20.71%
18.02%
Key characteristics
| MRVL | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.27 | 1.75 |
| Sortino Ratio | 1.83 | 2.34 |
| Omega Ratio | 1.23 | 1.32 |
| Calmar Ratio | 1.42 | 2.25 |
| Martin Ratio | 4.28 | 8.17 |
| Ulcer Index | 14.71% | 3.73% |
| Daily Std Dev | 49.64% | 17.44% |
| Max Drawdown | -96.23% | -82.98% |
| Current Drawdown | -5.57% | -2.75% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between MRVL and QQQ is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
MRVL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Marvell Technology Group Ltd. (MRVL) and Invesco QQQ (QQQ). 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.
Dividends
MRVL vs. QQQ - Dividend Comparison
MRVL's dividend yield for the trailing twelve months is around 0.27%, less than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRVL Marvell Technology Group Ltd. | 0.27% | 0.40% | 0.65% | 0.21% | 0.50% | 0.90% | 1.48% | 1.12% | 1.73% | 2.72% | 1.66% | 1.67% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
MRVL vs. QQQ - Drawdown Comparison
The maximum MRVL drawdown since its inception was -96.23%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for MRVL and QQQ. For additional features, visit the drawdowns tool.
Volatility
MRVL vs. QQQ - Volatility Comparison
Marvell Technology Group Ltd. (MRVL) has a higher volatility of 11.55% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that MRVL's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.