MXL vs. IGE
MXL (MaxLinear, Inc.) is a stock, while IGE (iShares North American Natural Resources ETF) is Energy Equities fund tracking the S&P North American Natural Resources Sector Index. Over the past 10 years, MXL returned 16.35%/yr vs 9.61%/yr for IGE. At a 0.35 correlation, their price movements are largely independent.
Performance
MXL vs. IGE - Performance Comparison
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Returns By Period
In the year-to-date period, MXL achieves a 440.50% return, which is significantly higher than IGE's 23.54% return. Over the past 10 years, MXL has outperformed IGE with an annualized return of 16.35%, while IGE has yielded a comparatively lower 9.61% annualized return.
MXL
- 1D
- 3.09%
- 1M
- 15.34%
- YTD
- 440.50%
- 6M
- 414.53%
- 1Y
- 671.90%
- 3Y*
- 50.42%
- 5Y*
- 19.83%
- 10Y*
- 16.35%
IGE
- 1D
- 0.46%
- 1M
- -0.16%
- YTD
- 23.54%
- 6M
- 23.23%
- 1Y
- 46.00%
- 3Y*
- 20.66%
- 5Y*
- 17.33%
- 10Y*
- 9.61%
MXL vs. IGE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXL MaxLinear, Inc. | 440.50% | -11.88% | -16.79% | -29.99% | -54.97% | 97.41% | 79.97% | 20.57% | -33.38% | 21.19% |
IGE iShares North American Natural Resources ETF | 23.54% | 20.41% | 7.55% | 3.12% | 33.24% | 39.42% | -19.58% | 17.16% | -21.59% | 0.82% |
Correlation
The correlation between MXL and IGE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2010 | 0.35 |
The correlation between MXL and IGE shifts across timeframes, from 0.19 (1 year) to 0.37 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
MXL vs. IGE — Risk / Return Rank
MXL
IGE
MXL vs. IGE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MaxLinear, Inc. (MXL) and iShares North American Natural Resources ETF (IGE). 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.
| MXL | IGE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.48 | ||
| Sortino ratioReturn per unit of downside risk | +2.21 | ||
| Omega ratioGain probability vs. loss probability | 1.78 | 1.48 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 25.30 | 8.34 | +16.96 |
| Martin ratioReturn relative to average drawdown | 68.43 | 20.47 | +47.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MXL | IGE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.39 | 2.90 | +3.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.78 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.39 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.30 | -0.13 |
Drawdowns
MXL vs. IGE - Drawdown Comparison
The maximum MXL drawdown since its inception was -88.13%, which is greater than IGE's maximum drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for MXL and IGE.
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Drawdown Indicators
| MXL | IGE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.13% | -67.55% | -20.58% |
Max Drawdown (1Y)Largest decline over 1 year | -26.81% | -5.54% | -21.27% |
Max Drawdown (3Y)Largest decline over 3 years | -73.61% | -19.49% | -54.12% |
Max Drawdown (5Y)Largest decline over 5 years | -88.13% | -25.72% | -62.41% |
Max Drawdown (10Y)Largest decline over 10 years | -88.13% | -60.57% | -27.56% |
Current DrawdownCurrent decline from peak | -7.88% | -2.41% | -5.47% |
Average DrawdownAverage peak-to-trough decline | -45.06% | -18.89% | -26.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.89% | 2.25% | +7.64% |
Volatility
MXL vs. IGE - Volatility Comparison
MaxLinear, Inc. (MXL) has a higher volatility of 28.67% compared to iShares North American Natural Resources ETF (IGE) at 4.41%. This indicates that MXL's price experiences larger fluctuations and is considered to be riskier than IGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXL | IGE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.67% | 4.41% | +24.26% |
Volatility (6M)Calculated over the trailing 6-month period | 80.77% | 12.58% | +68.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.16% | 15.97% | +90.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.53% | 22.45% | +54.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.49% | 24.94% | +40.55% |
Dividends
MXL vs. IGE - Dividend Comparison
MXL has not paid dividends to shareholders, while IGE's dividend yield for the trailing twelve months is around 1.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGE iShares North American Natural Resources ETF | 1.89% | 2.32% | 2.54% | 2.85% | 2.96% | 2.92% | 3.34% | 5.55% | 2.68% | 2.11% | 1.66% | 3.08% |
MXL MaxLinear, Inc. | 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
MXL and IGE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXL has higher volatility (28.67%) compared to IGE (4.41%). In terms of maximum drawdown, MXL dropped -88.13% vs IGE's -67.55%.
MXL currently has the higher Sharpe Ratio (6.39 vs 2.90), 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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