MRVL vs VUG: Correlation
Marvell Technology (MRVL) and Vanguard Growth ETF (VUG) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MRVL and VUG?
On 3 years of weekly data the MRVL/VUG correlation comes out at 0.58, moderate. The link has loosened recently: the 1-year correlation (0.34) runs below the 3-year figure (0.58). The 5-year figure is 0.61, and annualized covariance runs at 648.3 %².
By 3-year correlation, VUG places #13 of the 30 assets tracked against MRVL. The last year tells two different stories: MRVL led by 207.3 percentage points, +223.5% for MRVL against +16.2% for VUG. The relationship is regime-dependent: the rolling one-year correlation swung between 0.26 and 0.80 over the past three years, so this pair behaves very differently depending on the market environment. One caveat on sizing: MRVL is 3.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
MRVL vs VUG: side by side
| MRVL (Marvell Technology) | VUG (Vanguard Growth ETF) | |
|---|---|---|
| 1-year return | +223.5% | +16.2% |
| 5-year return | +297.0% | +78.4% |
| Volatility (ann.) | 57.8% | 19.4% |
| Beta vs S&P 500 | 2.19 | 1.28 |
| Max drawdown (3Y) | -60.8% | -22.8% |
| Market cap | $217.0B | – |
| P/E (trailing) | 82.7 | – |
| Dividend yield | 0.10% | 0.40% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $372.0B |
| Sector / category | Information Technology | ETF · US Style |
VUG, Vanguard's Large Growth fund, carries $372.0B under management, 146 holdings, a 0.03% expense ratio, a 0.40% trailing dividend yield.
Year-by-year returns
| Year | MRVL | VUG |
|---|---|---|
| 2022 | -57.5% | -33.2% |
| 2023 | +63.7% | +46.8% |
| 2024 | +83.8% | +32.7% |
| 2025 | -22.8% | +19.4% |
| 2026 | +184.5% | +9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.48% of VUG is MRVL itself, so the fund partly moves with the stock by construction.
Are MRVL and VUG good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between MRVL and VUG?
The MRVL/VUG correlation stands at 0.58 on a 3-year window (1 year: 0.34, 5 years: 0.61), computed from weekly returns as of 2026-08-27.
Is VUG a good diversifier for MRVL?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
A reading of 0.58 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/mrvl-vs-vug.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mrvl-vs-vug/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MRVL correlations · VUG correlations
