CL vs MRVL: Correlation
Measured on weekly returns over the past three years, Colgate-Palmolive (CL) and Marvell Technology (MRVL) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CL and MRVL?
On 3 years of weekly data the CL/MRVL correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.31 over 1 year against -0.22 over 3. The 5-year figure is -0.15, and annualized covariance runs at -219.7 %².
By 3-year correlation, MRVL places #32 of the 40 assets tracked against CL. Correlation aside, the last 12 months split them widely, with MRVL ahead by 213.1 points (+10.4% versus +223.5%). On a rolling one-year basis the correlation drifted between -0.37 and 0.03, a moderate band. Note the risk asymmetry: MRVL runs 3.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CL vs MRVL: side by side
| CL (Colgate-Palmolive) | MRVL (Marvell Technology) | |
|---|---|---|
| 1-year return | +10.4% | +223.5% |
| 5-year return | +32.0% | +297.0% |
| Volatility (ann.) | 16.9% | 57.8% |
| Beta vs S&P 500 | 0.17 | 2.19 |
| Max drawdown (3Y) | -29.0% | -60.8% |
| Market cap | $72.5B | $217.0B |
| P/E (trailing) | 36.2 | 82.7 |
| Dividend yield | 2.27% | 0.10% |
| Sector / category | Consumer Staples | Information Technology |
Year-by-year returns
| Year | CL | MRVL |
|---|---|---|
| 2022 | -5.4% | -57.5% |
| 2023 | +3.8% | +63.7% |
| 2024 | +16.6% | +83.8% |
| 2025 | -11.0% | -22.8% |
| 2026 | +17.2% | +184.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CL and MRVL good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CL and MRVL?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.31 over the last year and -0.15 over 5 years.
Is MRVL a good diversifier for CL?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cl-vs-mrvl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cl-vs-mrvl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CL correlations · MRVL correlations
