RBA.TO vs. MARA

Last updated Jun 4, 2026

RBA.TO (Ritchie Bros. Auctioneers Incorporated) and MARA (Marathon Digital Holdings, Inc.) are both stocks. RBA.TO operates in Specialty Business Services (Industrials), while MARA operates in Capital Markets (Financial Services). Over the past 10 years, RBA.TO returned 14.99%/yr vs -10.10%/yr for MARA. At a 0.12 correlation, their price movements are largely independent.

Performance

RBA.TO vs. MARA - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Ritchie Bros. Auctioneers Incorporated (RBA.TO) and Marathon Digital Holdings, Inc. (MARA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

RBA.TO is traded in CAD, while MARA is traded in USD. To make them comparable, the MARA values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, RBA.TO achieves a 0.97% return, which is significantly lower than MARA's 60.39% return. Over the past 10 years, RBA.TO has outperformed MARA with an annualized return of 14.99%, while MARA has yielded a comparatively lower -10.10% annualized return.

RBA.TO

• 1D: -2.12%
• 1M: -0.55%
• YTD: 0.97%
• 6M: 4.13%
• 1Y: -0.87%
• 3Y*: 25.99%
• 5Y*: 16.82%
• 10Y*: 14.99%

MARA

• 1D: 0.00%
• 1M: 22.62%
• YTD: 60.39%
• 6M: 13.61%
• 1Y: -6.03%
• 3Y*: 13.65%
• 5Y*: -7.63%
• 10Y*: -10.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RBA.TO vs. MARA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RBA.TO Ritchie Bros. Auctioneers Incorporated	0.97%	10.20%	48.36%	18.29%	2.75%	-11.19%	61.44%	27.31%	21.09%	-15.06%
MARA Marathon Digital Holdings, Inc.	57.44%	-48.91%	-22.47%	571.71%	-88.85%	211.91%	1,064.46%	-42.15%	-90.42%	-44.20%

Correlation

The correlation between RBA.TO and MARA is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.15
Correlation (All Time) Calculated using the full available price history since May 7, 2012	0.12

The correlation between RBA.TO and MARA shifts across timeframes, from 0.12 (1 year) to 0.22 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap RBA.TO : CA$26.60B MARA : $5.31B
EPS RBA.TO : CA$2.40 MARA : -$4.95
PS Ratio RBA.TO : 5.63 MARA : 6.62
Total Revenue (TTM) RBA.TO : CA$4.71B MARA : $867.82M
Gross Profit (TTM) RBA.TO : CA$2.01B MARA : $164.95M
EBITDA (TTM) RBA.TO : CA$1.47B MARA : $373.68M

Return for Risk

RBA.TO vs. MARA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RBA.TO

RBA.TO Risk / Return Rank: 37
RBA.TO Sharpe Ratio Rank: 39
RBA.TO Sortino Ratio Rank: 33
RBA.TO Omega Ratio Rank: 33
RBA.TO Calmar Ratio Rank: 39
RBA.TO Martin Ratio Rank: 39

MARA

MARA Risk / Return Rank: 37
MARA Sharpe Ratio Rank: 36
MARA Sortino Ratio Rank: 39
MARA Omega Ratio Rank: 38
MARA Calmar Ratio Rank: 36
MARA Martin Ratio Rank: 36

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.

RBA.TO vs. MARA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ritchie Bros. Auctioneers Incorporated (RBA.TO) and Marathon Digital Holdings, Inc. (MARA). 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.

	RBA.TO	MARA	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	-0.08	+0.04
Sortino ratio: Return per unit of downside risk	0.12	0.45	-0.33
Omega ratio: Gain probability vs. loss probability	1.02	1.05	-0.04
Calmar ratio: Return relative to maximum drawdown	-0.04	-0.09	+0.04
Martin ratio: Return relative to average drawdown	-0.08	-0.14	+0.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RBA.TO vs. MARA - Sharpe Ratio Comparison

The current RBA.TO Sharpe Ratio is -0.03, which is higher than the MARA Sharpe Ratio of -0.08. The chart below compares the historical Sharpe Ratios of RBA.TO and MARA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RBA.TO	MARA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.03	-0.08	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	-0.07	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	-0.07	+0.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	-0.07	+0.54

Drawdowns

RBA.TO vs. MARA - Drawdown Comparison

The maximum RBA.TO drawdown since its inception was -38.47%, smaller than the maximum MARA drawdown of -99.68%. Use the drawdown chart below to compare losses from any high point for RBA.TO and MARA.

Drawdown Indicators

	RBA.TO	MARA	Difference
Max Drawdown Largest peak-to-trough decline	-38.47%	-99.68%	+61.21%
Max Drawdown (1Y) Largest decline over 1 year	-20.24%	-71.22%	+50.98%
Max Drawdown (3Y) Largest decline over 3 years	-20.24%	-78.10%	+57.86%
Max Drawdown (5Y) Largest decline over 5 years	-30.06%	-95.51%	+65.45%
Max Drawdown (10Y) Largest decline over 10 years	-38.02%	-99.13%	+61.11%
Current Drawdown Current decline from peak	-12.79%	-89.00%	+76.21%
Average Drawdown Average peak-to-trough decline	-12.69%	-76.38%	+63.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.89%	42.62%	-31.73%

Volatility

RBA.TO vs. MARA - Volatility Comparison

The current volatility for Ritchie Bros. Auctioneers Incorporated (RBA.TO) is 6.21%, while Marathon Digital Holdings, Inc. (MARA) has a volatility of 16.11%. This indicates that RBA.TO experiences smaller price fluctuations and is considered to be less risky than MARA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RBA.TO	MARA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	16.11%	-9.90%
Volatility (6M) Calculated over the trailing 6-month period	21.69%	57.76%	-36.07%
Volatility (1Y) Calculated over the trailing 1-year period	25.40%	76.97%	-51.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.32%	104.16%	-75.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.82%	143.03%	-113.21%

Dividends

RBA.TO vs. MARA - Dividend Comparison

RBA.TO's dividend yield for the trailing twelve months is around 1.21%, while MARA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MARA Marathon Digital Holdings, 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%
RBA.TO Ritchie Bros. Auctioneers Incorporated	1.21%	1.19%	1.18%	3.62%	1.73%	1.52%	1.27%	1.82%	2.03%	2.81%	2.66%	2.77%

Financials

Frequently Asked Questions

Can I hold both RBA.TO and MARA in my portfolio?

RBA.TO and MARA have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.