MKL vs. FRFHF
MKL (Markel Group Inc.) and FRFHF (Fairfax Financial Holdings Ltd) are both stocks. Both operate in the Insurance - Property & Casualty industry within the Financial Services sector. Over the past 10 years, MKL returned 7.48%/yr vs 14.03%/yr for FRFHF. At a 0.23 correlation, their price movements are largely independent.
Performance
MKL vs. FRFHF - Performance Comparison
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Returns By Period
In the year-to-date period, MKL achieves a -11.89% return, which is significantly higher than FRFHF's -15.92% return. Over the past 10 years, MKL has underperformed FRFHF with an annualized return of 7.48%, while FRFHF has yielded a comparatively higher 14.03% annualized return.
MKL
- 1D
- 1.89%
- 1M
- 1.94%
- YTD
- -11.89%
- 6M
- -13.46%
- 1Y
- -4.57%
- 3Y*
- 12.67%
- 5Y*
- 10.04%
- 10Y*
- 7.48%
FRFHF
- 1D
- 0.90%
- 1M
- -1.66%
- YTD
- -15.92%
- 6M
- -14.26%
- 1Y
- -11.24%
- 3Y*
- 31.13%
- 5Y*
- 30.71%
- 10Y*
- 14.03%
MKL vs. FRFHF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MKL Markel Group Inc. | -11.89% | 24.53% | 21.57% | 7.77% | 6.77% | 19.42% | -9.61% | 10.13% | -8.87% | 25.94% |
FRFHF Fairfax Financial Holdings Ltd | -15.92% | 38.79% | 53.39% | 57.56% | 23.17% | 48.23% | -25.75% | 8.88% | -15.44% | 11.34% |
Correlation
The correlation between MKL and FRFHF is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2002 | 0.23 |
The correlation between MKL and FRFHF shifts across timeframes, from 0.23 (all time) to 0.35 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MKL:
$176.96
FRFHF:
$218.52
MKL:
10.70
FRFHF:
7.28
MKL:
0.19
FRFHF:
0.18
MKL:
1.07
FRFHF:
1.11
MKL:
$16.57B
FRFHF:
$29.68B
MKL:
$7.80B
FRFHF:
$6.18B
MKL:
$2.55B
FRFHF:
$7.97B
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Return for Risk
MKL vs. FRFHF — Risk / Return Rank
MKL
FRFHF
MKL vs. FRFHF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Markel Group Inc. (MKL) and Fairfax Financial Holdings Ltd (FRFHF). 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 | FRFHF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.93 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | -0.58 | +0.35 |
| Martin ratioReturn relative to average drawdown | -0.52 | -1.23 | +0.70 |
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Drawdowns
MKL vs. FRFHF - Drawdown Comparison
The maximum MKL drawdown since its inception was -61.32%, roughly equal to the maximum FRFHF drawdown of -58.92%. Use the drawdown chart below to compare losses from any high point for MKL and FRFHF.
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Drawdown Indicators
| MKL | FRFHF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.32% | -58.92% | -2.40% |
Max Drawdown (1Y)Largest decline over 1 year | -20.10% | -19.55% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -20.10% | -19.55% | -0.55% |
Max Drawdown (5Y)Largest decline over 5 years | -28.87% | -20.88% | -7.99% |
Max Drawdown (10Y)Largest decline over 10 years | -44.66% | -58.92% | +14.26% |
Current DrawdownCurrent decline from peak | -13.59% | -16.30% | +2.71% |
Average DrawdownAverage peak-to-trough decline | -11.39% | -12.48% | +1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.77% | 9.19% | -0.42% |
Volatility
MKL vs. FRFHF - Volatility Comparison
The current volatility for Markel Group Inc. (MKL) is 4.80%, while Fairfax Financial Holdings Ltd (FRFHF) has a volatility of 5.30%. This indicates that MKL experiences smaller price fluctuations and is considered to be less risky than FRFHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MKL | FRFHF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.80% | 5.30% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 13.25% | 16.74% | -3.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.97% | 21.73% | -2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.39% | 25.64% | -3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.28% | 27.18% | -1.90% |
Dividends
MKL vs. FRFHF - Dividend Comparison
MKL has not paid dividends to shareholders, while FRFHF's dividend yield for the trailing twelve months is around 0.94%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRFHF Fairfax Financial Holdings Ltd | 0.94% | 0.79% | 1.08% | 1.09% | 1.68% | 2.03% | 2.93% | 2.13% | 2.27% | 1.89% | 2.09% | 2.12% |
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. FRFHF - Financials Comparison
This section allows you to compare key financial metrics between Markel Group Inc. and Fairfax Financial Holdings Ltd. 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. FRFHF - Profitability Comparison
MKL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Markel Group Inc. reported a gross profit of 0.00 and revenue of 3.55B. Therefore, the gross margin over that period was 0.0%.
FRFHF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fairfax Financial Holdings Ltd reported a gross profit of 986.70M and revenue of 6.41B. Therefore, the gross margin over that period was 15.4%.
MKL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Markel Group Inc. reported an operating income of -273.33M and revenue of 3.55B, resulting in an operating margin of -7.7%.
FRFHF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fairfax Financial Holdings Ltd reported an operating income of 1.04B and revenue of 6.41B, resulting in an operating margin of 16.2%.
MKL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Markel Group Inc. reported a net income of -335.52M and revenue of 3.55B, resulting in a net margin of -9.5%.
FRFHF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fairfax Financial Holdings Ltd reported a net income of 695.70M and revenue of 6.41B, resulting in a net margin of 10.9%.
Frequently Asked Questions
MKL and FRFHF have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRFHF has higher volatility (5.30%) compared to MKL (4.80%). In terms of maximum drawdown, MKL dropped -61.32% vs FRFHF's -58.92%.
MKL currently has the higher Sharpe Ratio (-0.24 vs -0.52), 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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