MKL vs. BJ
MKL (Markel Corporation) and BJ (BJ's Wholesale Club Holdings, Inc.) are both stocks. MKL operates in Insurance - Property & Casualty (Financial Services), while BJ operates in Discount Stores (Consumer Defensive). Over the past 5 years, MKL returned 8.89%/yr vs 13.81%/yr for BJ. At a 0.16 correlation, their price movements are largely independent.
Performance
MKL vs. BJ - Performance Comparison
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Returns By Period
In the year-to-date period, MKL achieves a -14.13% return, which is significantly lower than BJ's 1.12% return.
MKL
- 1D
- 0.87%
- 1M
- 1.40%
- YTD
- -14.13%
- 6M
- -14.86%
- 1Y
- -5.08%
- 3Y*
- 11.11%
- 5Y*
- 8.89%
- 10Y*
- 7.12%
BJ
- 1D
- 0.12%
- 1M
- -4.17%
- YTD
- 1.12%
- 6M
- -2.28%
- 1Y
- -16.98%
- 3Y*
- 13.85%
- 5Y*
- 13.81%
- 10Y*
- —
MKL vs. BJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MKL Markel Corporation | -14.13% | 24.53% | 21.57% | 7.77% | 6.77% | 19.42% | -9.61% | 10.13% | -4.80% |
BJ BJ's Wholesale Club Holdings, Inc. | 1.12% | 0.76% | 34.04% | 0.76% | -1.21% | 79.64% | 63.94% | 2.62% | 4.28% |
Correlation
The correlation between MKL and BJ is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2018 | 0.16 |
The correlation between MKL and BJ shifts across timeframes, from -0.03 (1 year) to 0.19 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MKL:
$176.96
BJ:
$4.35
MKL:
10.43
BJ:
20.91
MKL:
0.19
BJ:
2.31
MKL:
1.04
BJ:
0.54
MKL:
$16.57B
BJ:
$21.97B
MKL:
$7.80B
BJ:
$4.06B
MKL:
$2.55B
BJ:
$1.05B
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Return for Risk
MKL vs. BJ — Risk / Return Rank
MKL
BJ
MKL vs. BJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Markel Corporation (MKL) and BJ's Wholesale Club Holdings, Inc. (BJ). 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 | BJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.92 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | -0.64 | +0.39 |
| Martin ratioReturn relative to average drawdown | -0.60 | -1.02 | +0.41 |
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Drawdowns
MKL vs. BJ - Drawdown Comparison
The maximum MKL drawdown since its inception was -61.32%, which is greater than BJ's maximum drawdown of -38.76%. Use the drawdown chart below to compare losses from any high point for MKL and BJ.
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Drawdown Indicators
| MKL | BJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.32% | -38.76% | -22.56% |
Max Drawdown (1Y)Largest decline over 1 year | -20.10% | -26.66% | +6.56% |
Max Drawdown (3Y)Largest decline over 3 years | -20.10% | -29.80% | +9.70% |
Max Drawdown (5Y)Largest decline over 5 years | -28.87% | -29.80% | +0.93% |
Max Drawdown (10Y)Largest decline over 10 years | -44.66% | — | — |
Current DrawdownCurrent decline from peak | -15.78% | -24.10% | +8.32% |
Average DrawdownAverage peak-to-trough decline | -11.39% | -12.49% | +1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.47% | 16.75% | -8.28% |
Volatility
MKL vs. BJ - Volatility Comparison
The current volatility for Markel Corporation (MKL) is 4.33%, while BJ's Wholesale Club Holdings, Inc. (BJ) has a volatility of 11.68%. This indicates that MKL experiences smaller price fluctuations and is considered to be less risky than BJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MKL | BJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 11.68% | -7.35% |
Volatility (6M)Calculated over the trailing 6-month period | 13.32% | 22.77% | -9.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.87% | 29.80% | -10.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 32.31% | -9.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.27% | 37.15% | -11.88% |
Dividends
MKL vs. BJ - Dividend Comparison
Neither MKL nor BJ has paid dividends to shareholders.
Financials
MKL vs. BJ - Financials Comparison
This section allows you to compare key financial metrics between Markel Corporation and BJ's Wholesale Club Holdings, 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. BJ - Profitability Comparison
MKL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Markel Corporation reported a gross profit of 0.00 and revenue of 3.55B. Therefore, the gross margin over that period was 0.0%.
BJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BJ's Wholesale Club Holdings, Inc. reported a gross profit of 1.03B and revenue of 5.66B. Therefore, the gross margin over that period was 18.2%.
MKL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Markel Corporation reported an operating income of -273.33M and revenue of 3.55B, resulting in an operating margin of -7.7%.
BJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BJ's Wholesale Club Holdings, Inc. reported an operating income of 207.91M and revenue of 5.66B, resulting in an operating margin of 3.7%.
MKL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Markel Corporation reported a net income of -335.52M and revenue of 3.55B, resulting in a net margin of -9.5%.
BJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BJ's Wholesale Club Holdings, Inc. reported a net income of 142.73M and revenue of 5.66B, resulting in a net margin of 2.5%.
Frequently Asked Questions
MKL and BJ have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BJ has higher volatility (11.68%) compared to MKL (4.33%). In terms of maximum drawdown, MKL dropped -61.32% vs BJ's -38.76%.
MKL currently has the higher Sharpe Ratio (-0.27 vs -0.57), 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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