MRVL vs. TT
MRVL (Marvell Technology, Inc.) and TT (Trane Technologies plc) are both stocks. MRVL operates in Semiconductors (Technology), while TT operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, MRVL returned 40.68%/yr vs 23.76%/yr for TT. At a 0.38 correlation, their price movements are largely independent.
Performance
MRVL vs. TT - Performance Comparison
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Returns By Period
In the year-to-date period, MRVL achieves a 229.54% return, which is significantly higher than TT's 18.29% return. Over the past 10 years, MRVL has outperformed TT with an annualized return of 40.68%, while TT has yielded a comparatively lower 23.76% 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%
TT
- 1D
- -0.41%
- 1M
- -2.49%
- YTD
- 18.29%
- 6M
- 17.69%
- 1Y
- 9.01%
- 3Y*
- 37.71%
- 5Y*
- 21.39%
- 10Y*
- 23.76%
MRVL vs. TT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRVL Marvell Technology, Inc. | 229.54% | -22.82% | 83.79% | 63.68% | -57.48% | 84.62% | 80.25% | 65.74% | -23.62% | 56.89% |
TT Trane Technologies plc | 18.29% | 6.38% | 52.97% | 47.39% | -15.34% | 41.02% | 11.26% | 48.32% | 4.41% | 21.27% |
Correlation
The correlation between MRVL and TT is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2000 | 0.38 |
Fundamentals
MRVL:
$249.86B
TT:
$102.24B
MRVL:
$2.90
TT:
$12.94
MRVL:
96.58
TT:
35.43
MRVL:
0.18
TT:
1.62
MRVL:
27.99
TT:
4.75
MRVL:
13.72
TT:
11.87
MRVL:
$8.72B
TT:
$21.60B
MRVL:
$4.41B
TT:
$7.76B
MRVL:
$4.27B
TT:
$4.25B
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Return for Risk
MRVL vs. TT — Risk / Return Rank
MRVL
TT
MRVL vs. TT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Marvell Technology, Inc. (MRVL) and Trane Technologies plc (TT). 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 | TT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.97 | ||
| Sortino ratioReturn per unit of downside risk | +3.43 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.08 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 11.57 | 0.45 | +11.11 |
| Martin ratioReturn relative to average drawdown | 26.42 | 0.89 | +25.52 |
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Drawdowns
MRVL vs. TT - Drawdown Comparison
The maximum MRVL drawdown since its inception was -91.60%, which is greater than TT's maximum drawdown of -77.91%. Use the drawdown chart below to compare losses from any high point for MRVL and TT.
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Drawdown Indicators
| MRVL | TT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.60% | -77.91% | -13.69% |
Max Drawdown (1Y)Largest decline over 1 year | -26.36% | -19.97% | -6.39% |
Max Drawdown (3Y)Largest decline over 3 years | -60.79% | -24.44% | -36.35% |
Max Drawdown (5Y)Largest decline over 5 years | -61.88% | -40.53% | -21.35% |
Max Drawdown (10Y)Largest decline over 10 years | -61.88% | -51.13% | -10.75% |
Current DrawdownCurrent decline from peak | -11.61% | -6.75% | -4.86% |
Average DrawdownAverage peak-to-trough decline | -46.74% | -14.83% | -31.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.52% | 10.12% | +1.40% |
Volatility
MRVL vs. TT - Volatility Comparison
Marvell Technology, Inc. (MRVL) has a higher volatility of 40.61% compared to Trane Technologies plc (TT) at 9.05%. This indicates that MRVL's price experiences larger fluctuations and is considered to be riskier than TT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRVL | TT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 40.61% | 9.05% | +31.56% |
Volatility (6M)Calculated over the trailing 6-month period | 55.42% | 21.82% | +33.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.94% | 27.50% | +43.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.82% | 27.38% | +34.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.94% | 28.34% | +23.60% |
Dividends
MRVL vs. TT - Dividend Comparison
MRVL's dividend yield for the trailing twelve months is around 0.09%, less than TT's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TT Trane Technologies plc | 0.87% | 0.97% | 0.91% | 1.23% | 1.59% | 1.17% | 1.46% | 1.59% | 2.15% | 1.91% | 1.81% | 2.10% |
Financials
MRVL vs. TT - Financials Comparison
This section allows you to compare key financial metrics between Marvell Technology, Inc. and Trane Technologies plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MRVL vs. TT - Profitability Comparison
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%.
TT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trane Technologies plc reported a gross profit of 1.73B and revenue of 4.97B. Therefore, the gross margin over that period was 34.8%.
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%.
TT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trane Technologies plc reported an operating income of 776.10M and revenue of 4.97B, resulting in an operating margin of 15.6%.
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%.
TT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trane Technologies plc reported a net income of 584.40M and revenue of 4.97B, resulting in a net margin of 11.8%.
Frequently Asked Questions
MRVL and TT have a correlation of 0.35, 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 TT (9.05%). In terms of maximum drawdown, MRVL dropped -91.60% vs TT's -77.91%.
MRVL currently has the higher Sharpe Ratio (4.30 vs 0.33), 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.
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