SHOP vs. MRVL
SHOP (Shopify Inc.) and MRVL (Marvell Technology, Inc.) are both stocks. Both are in the Technology sector — SHOP in Software - Application, MRVL in Semiconductors. Over the past 10 years, SHOP returned 44.31%/yr vs 41.26%/yr for MRVL. At a 0.43 correlation, their price movements are largely independent.
Performance
SHOP vs. MRVL - Performance Comparison
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Returns By Period
In the year-to-date period, SHOP achieves a -31.18% return, which is significantly lower than MRVL's 240.32% return. Over the past 10 years, SHOP has outperformed MRVL with an annualized return of 44.31%, while MRVL has yielded a comparatively lower 41.26% annualized return.
SHOP
- 1D
- 1.13%
- 1M
- 0.34%
- YTD
- -31.18%
- 6M
- -30.07%
- 1Y
- -0.57%
- 3Y*
- 21.77%
- 5Y*
- -1.84%
- 10Y*
- 44.31%
MRVL
- 1D
- 9.63%
- 1M
- 69.78%
- YTD
- 240.32%
- 6M
- 214.35%
- 1Y
- 323.75%
- 3Y*
- 69.41%
- 5Y*
- 42.37%
- 10Y*
- 41.26%
SHOP vs. MRVL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHOP Shopify Inc. | -31.18% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
MRVL Marvell Technology, Inc. | 240.32% | -22.82% | 83.79% | 63.68% | -57.48% | 84.62% | 80.25% | 65.74% | -23.62% | 56.89% |
Correlation
The correlation between SHOP and MRVL is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since May 22, 2015 | 0.43 |
Over the past year, the correlation between SHOP and MRVL has dropped to 0.21 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
Fundamentals
SHOP:
$144.39B
MRVL:
$258.03B
SHOP:
$1.02
MRVL:
$2.90
SHOP:
108.75
MRVL:
99.74
SHOP:
0.21
MRVL:
0.18
SHOP:
15.75
MRVL:
28.91
SHOP:
11.55
MRVL:
14.17
SHOP:
$9.20B
MRVL:
$8.72B
SHOP:
$5.93B
MRVL:
$4.41B
SHOP:
$1.60B
MRVL:
$4.27B
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Return for Risk
SHOP vs. MRVL — Risk / Return Rank
SHOP
MRVL
SHOP vs. MRVL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shopify Inc. (SHOP) and Marvell Technology, Inc. (MRVL). 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.
| SHOP | MRVL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.71 | ||
| Sortino ratioReturn per unit of downside risk | -3.89 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.59 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 12.37 | -12.38 |
| Martin ratioReturn relative to average drawdown | -0.03 | 28.64 | -28.67 |
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
| SHOP | MRVL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 4.70 | -4.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.69 | -0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.80 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.23 | +0.46 |
Drawdowns
SHOP vs. MRVL - Drawdown Comparison
The maximum SHOP drawdown since its inception was -84.82%, smaller than the maximum MRVL drawdown of -91.60%. Use the drawdown chart below to compare losses from any high point for SHOP and MRVL.
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Drawdown Indicators
| SHOP | MRVL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.82% | -91.60% | +6.78% |
Max Drawdown (1Y)Largest decline over 1 year | -46.71% | -26.36% | -20.35% |
Max Drawdown (3Y)Largest decline over 3 years | -46.71% | -60.79% | +14.08% |
Max Drawdown (5Y)Largest decline over 5 years | -84.82% | -61.88% | -22.94% |
Max Drawdown (10Y)Largest decline over 10 years | -84.82% | -61.88% | -22.94% |
Current DrawdownCurrent decline from peak | -38.12% | -8.72% | -29.40% |
Average DrawdownAverage peak-to-trough decline | -28.22% | -46.77% | +18.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.74% | 11.37% | +10.37% |
Volatility
SHOP vs. MRVL - Volatility Comparison
The current volatility for Shopify Inc. (SHOP) is 17.86%, while Marvell Technology, Inc. (MRVL) has a volatility of 38.50%. This indicates that SHOP experiences smaller price fluctuations and is considered to be less risky than MRVL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHOP | MRVL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.86% | 38.50% | -20.64% |
Volatility (6M)Calculated over the trailing 6-month period | 43.67% | 54.32% | -10.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.27% | 69.56% | -12.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.57% | 61.51% | +4.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.09% | 51.77% | +7.32% |
Dividends
SHOP vs. MRVL - Dividend Comparison
SHOP has not paid dividends to shareholders, while MRVL's dividend yield for the trailing twelve months is around 0.08%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRVL Marvell Technology, Inc. | 0.08% | 0.28% | 0.22% | 0.40% | 0.65% | 0.21% | 0.50% | 0.90% | 1.48% | 1.12% | 1.73% | 2.72% |
SHOP Shopify 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% |
Financials
SHOP vs. MRVL - Financials Comparison
This section allows you to compare key financial metrics between Shopify Inc. and Marvell Technology, Inc.. 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
Frequently Asked Questions
SHOP and MRVL have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MRVL has higher volatility (38.50%) compared to SHOP (17.86%). In terms of maximum drawdown, SHOP dropped -84.82% vs MRVL's -91.60%.
MRVL currently has the higher Sharpe Ratio (4.70 vs -0.01), 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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