MVLL vs. IAK
MVLL (GraniteShares 2x Long MRVL Daily ETF) and IAK (iShares U.S. Insurance ETF) are both exchange-traded funds - MVLL is a Leveraged Equities fund tracking the Marvell Technology Inc. (MRVL), while IAK is a Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index. Both are passively managed. Over the past year, MVLL returned 195.07% vs 19.63% for IAK. Their -0.12 correlation means they have often moved in opposite directions in the past. MVLL charges 1.50%/yr vs 0.38%/yr for IAK.
Performance
MVLL vs. IAK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MVLL achieves a 183.32% return, which is significantly higher than IAK's 10.07% return.
MVLL
- 1D
- 4.74%
- 1M
- -46.40%
- 6M
- 236.40%
- YTD
- 183.32%
- 1Y
- 195.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 97.66%
IAK
- 1D
- -0.31%
- 1M
- -0.06%
- 6M
- 12.67%
- YTD
- 10.07%
- 1Y
- 19.63%
- 3Y*
- 19.72%
- 5Y*
- 15.95%
- 10Y*
- 13.45%
- ALL TIME*
- 7.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $14.76M | $20.90M | $11.89M | |
| $64.72M | $85.12M | $269.82M |
MVLL vs. IAK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MVLL GraniteShares 2x Long MRVL Daily ETF | 183.32% | -8.44% |
IAK iShares U.S. Insurance ETF | 10.07% | 3.25% |
Correlation
The correlation between MVLL and IAK is -0.22, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2025 | -0.12 |
The correlation between MVLL and IAK shifts across timeframes, from -0.22 (1 year) to -0.12 (all time), reflecting how their relationship changes across market environments.
MVLL vs. IAK - Sectors Allocation Comparison
Sectors
MVLL
IAK
Technology
-
Basic Materials
-
-
Communication Services
-
-
Consumer Cyclical
-
-
Consumer Defensive
-
-
Energy
-
-
Financial Services
-
Healthcare
-
Industrials
-
-
Real Estate
-
-
Utilities
-
-
Technology
MVLL
IAK
-
Basic Materials
MVLL
-
IAK
-
Communication Services
MVLL
-
IAK
-
Consumer Cyclical
MVLL
-
IAK
-
Consumer Defensive
MVLL
-
IAK
-
Energy
MVLL
-
IAK
-
Financial Services
MVLL
-
IAK
Healthcare
MVLL
-
IAK
Industrials
MVLL
-
IAK
-
Real Estate
MVLL
-
IAK
-
Utilities
MVLL
-
IAK
-
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MVLL vs. IAK — Risk / Return Rank
MVLL
IAK
MVLL vs. IAK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long MRVL Daily ETF (MVLL) and iShares U.S. Insurance ETF (IAK). 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.
| MVLL | IAK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.21 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 2.45 | -0.51 |
| Martin ratioReturn relative to average drawdown | 5.10 | 5.96 | -0.86 |
Loading charts...
Drawdowns
MVLL vs. IAK - Drawdown Comparison
The maximum MVLL drawdown since its inception was -78.87%, roughly equal to the maximum IAK drawdown of -77.38%. Use the drawdown chart below to compare losses from any high point for MVLL and IAK.
Loading charts...
Drawdown Indicators
| MVLL | IAK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.87% | -77.38% | -1.49% |
Max Drawdown (1Y)Largest decline over 1 year | -78.87% | -7.62% | -71.25% |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.76% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.95% | — |
Current DrawdownCurrent decline from peak | -72.55% | -3.23% | -69.32% |
Average DrawdownAverage peak-to-trough decline | -25.03% | -16.01% | -9.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.22% | 3.13% | +27.09% |
Volatility
MVLL vs. IAK - Volatility Comparison
GraniteShares 2x Long MRVL Daily ETF (MVLL) has a higher volatility of 55.64% compared to iShares U.S. Insurance ETF (IAK) at 7.03%. This indicates that MVLL's price experiences larger fluctuations and is considered to be riskier than IAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MVLL | IAK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 55.64% | 7.03% | +48.61% |
Volatility (6M)Calculated over the trailing 6-month period | 129.12% | 12.43% | +116.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 155.64% | 16.00% | +139.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 151.11% | 18.13% | +132.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 151.11% | 20.92% | +130.19% |
MVLL vs. IAK - Expense Ratio Comparison
MVLL has a 1.50% expense ratio, which is higher than IAK's 0.38% expense ratio.
Dividends
MVLL vs. IAK - Dividend Comparison
MVLL has not paid dividends to shareholders, while IAK's dividend yield for the trailing twelve months is around 2.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAK iShares U.S. Insurance ETF | 2.43% | 1.69% | 1.49% | 1.44% | 1.69% | 2.26% | 2.07% | 1.84% | 2.33% | 1.62% | 1.68% | 1.62% |
MVLL GraniteShares 2x Long MRVL Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MVLL and IAK have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MVLL has higher volatility (55.64%) compared to IAK (7.03%). In terms of maximum drawdown, MVLL dropped -78.87% vs IAK's -77.38%.
On 1-year performance, MVLL leads with 195.07% vs 19.63% for IAK. On fees, IAK is cheaper at 0.38% per year. On volatility, IAK has been the lower-risk option at 7.03%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MVLL has performed better with a 195.07% return vs 19.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IAK is cheaper with a 0.38% expense ratio, compared with 1.50% for MVLL.
IAK has the higher dividend yield at 2.43%, compared with 0.00% for MVLL.
MVLL is categorized as Leveraged Equities, while IAK is Financials Equities. MVLL tracks Marvell Technology Inc. (MRVL), while IAK tracks Dow Jones U.S. Select Insurance Index. They also come from different issuers: GraniteShares and iShares. Their fees differ too: 1.50% for MVLL and 0.38% for IAK.
IAK currently has the higher Sharpe Ratio (1.17 vs 0.98), 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.
Find the right allocation for MVLL and IAK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer