MKL vs. APO
MKL (Markel Group Inc.) and APO (Apollo Global Management, Inc.) are both stocks. Both are in the Financial Services sector — MKL in Insurance - Property & Casualty, APO in Asset Management. Over the past 10 years, MKL returned 7.11%/yr vs 27.17%/yr for APO. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
MKL vs. APO - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with MKL having a -12.44% return and APO slightly lower at -12.52%. Over the past 10 years, MKL has underperformed APO with an annualized return of 7.11%, while APO has yielded a comparatively higher 27.17% annualized return.
MKL
- 1D
- -0.20%
- 1M
- -4.92%
- 6M
- -7.76%
- YTD
- -12.44%
- 1Y
- -2.46%
- 3Y*
- 9.46%
- 5Y*
- 9.31%
- 10Y*
- 7.11%
- ALL TIME*
- 12.90%
APO
- 1D
- 4.44%
- 1M
- 5.88%
- 6M
- -5.88%
- YTD
- -12.52%
- 1Y
- -7.73%
- 3Y*
- 17.12%
- 5Y*
- 18.75%
- 10Y*
- 27.17%
- ALL TIME*
- 20.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $435.36M | $496.01M | $510.65M | |
| $129.41M | $131.97M | $139.35M |
MKL vs. APO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MKL Markel Group Inc. | -12.44% | 24.53% | 21.57% | 7.77% | 6.77% | 19.42% | -9.61% | 10.13% | -8.87% | 25.94% |
APO Apollo Global Management, Inc. | -12.52% | -11.12% | 79.87% | 49.44% | -9.59% | 53.25% | 8.00% | 106.46% | -22.03% | 85.29% |
Correlation
The correlation between MKL and APO is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2011 | 0.34 |
The correlation between MKL and APO shifts across timeframes, from 0.20 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MKL:
$23.32B
APO:
$72.40B
MKL:
$331.57
APO:
$3.56
MKL:
5.68
APO:
35.26
MKL:
0.10
APO:
0.09
MKL:
1.04
APO:
2.55
MKL:
$16.18B
APO:
$29.68B
MKL:
$7.73B
APO:
$26.52B
MKL:
$3.23B
APO:
$9.28B
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Return for Risk
MKL vs. APO — Risk / Return Rank
MKL
APO
MKL vs. APO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Markel Group Inc. (MKL) and Apollo Global Management, Inc. (APO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MKL | APO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.97 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | -0.36 | +0.05 |
| Martin ratioReturn relative to average drawdown | -0.68 | -0.76 | +0.08 |
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Drawdowns
MKL vs. APO - Drawdown Comparison
The maximum MKL drawdown since its inception was -61.32%, which is greater than APO's maximum drawdown of -56.99%. Use the drawdown chart below to compare losses from any high point for MKL and APO.
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Drawdown Indicators
| MKL | APO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.32% | -56.99% | -4.33% |
Max Drawdown (1Y)Largest decline over 1 year | -20.10% | -34.05% | +13.95% |
Max Drawdown (3Y)Largest decline over 3 years | -20.10% | -42.82% | +22.72% |
Max Drawdown (5Y)Largest decline over 5 years | -28.87% | -42.82% | +13.95% |
Max Drawdown (10Y)Largest decline over 10 years | -44.66% | -53.48% | +8.82% |
Current DrawdownCurrent decline from peak | -14.12% | -28.10% | +13.98% |
Average DrawdownAverage peak-to-trough decline | -11.39% | -16.50% | +5.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.34% | 16.05% | -6.71% |
Volatility
MKL vs. APO - Volatility Comparison
Markel Group Inc. (MKL) and Apollo Global Management, Inc. (APO) have volatilities of 8.60% and 9.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MKL | APO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.60% | 9.03% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 15.73% | 28.28% | -12.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.26% | 36.03% | -15.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.46% | 37.31% | -14.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.38% | 37.93% | -12.55% |
Dividends
MKL vs. APO - Dividend Comparison
MKL has not paid dividends to shareholders, while APO's dividend yield for the trailing twelve months is around 1.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APO Apollo Global Management, Inc. | 1.67% | 1.38% | 1.10% | 1.81% | 2.51% | 2.90% | 4.72% | 4.23% | 7.86% | 5.53% | 6.46% | 12.91% |
MKL Markel Group 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
MKL vs. APO - Financials Comparison
This section allows you to compare key financial metrics between Markel Group Inc. and Apollo Global Management, 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
MKL vs. APO - Profitability Comparison
MKL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Markel Group Inc. reported a gross profit of 0.00 and revenue of 4.02B. Therefore, the gross margin over that period was 0.0%.
APO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Apollo Global Management, Inc. reported a gross profit of 4.93B and revenue of 4.93B. Therefore, the gross margin over that period was 100.0%.
MKL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Markel Group Inc. reported an operating income of 1.56B and revenue of 4.02B, resulting in an operating margin of 38.8%.
APO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Apollo Global Management, Inc. reported an operating income of 330.00M and revenue of 4.93B, resulting in an operating margin of 6.7%.
MKL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Markel Group Inc. reported a net income of 1.85B and revenue of 4.02B, resulting in a net margin of 46.1%.
APO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Apollo Global Management, Inc. reported a net income of -1.91B and revenue of 4.93B, resulting in a net margin of -38.7%.
Frequently Asked Questions
MKL and APO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APO has higher volatility (9.03%) compared to MKL (8.60%). In terms of maximum drawdown, MKL dropped -61.32% vs APO's -56.99%.
MKL currently has the higher Sharpe Ratio (-0.31 vs -0.34), 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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