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 7.11%/yr vs 14.06%/yr for FRFHF. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
MKL vs. FRFHF - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with MKL having a -12.44% return and FRFHF slightly higher at -11.83%. Over the past 10 years, MKL has underperformed FRFHF with an annualized return of 7.11%, while FRFHF has yielded a comparatively higher 14.06% 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%
FRFHF
- 1D
- -0.93%
- 1M
- -0.80%
- 6M
- 1.17%
- YTD
- -11.83%
- 1Y
- -3.59%
- 3Y*
- 29.27%
- 5Y*
- 33.55%
- 10Y*
- 14.06%
- ALL TIME*
- 15.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $20.39M | $18.66M | $16.08M | |
| $129.41M | $131.97M | $139.35M |
MKL vs. FRFHF - 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% |
FRFHF Fairfax Financial Holdings Ltd | -11.83% | 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 historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.33 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.35 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.32 |
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:
$23.32B
FRFHF:
$34.41B
MKL:
$331.57
FRFHF:
$218.71
MKL:
5.68
FRFHF:
7.63
MKL:
0.10
FRFHF:
0.19
MKL:
1.04
FRFHF:
1.03
MKL:
$16.18B
FRFHF:
$33.09B
MKL:
$7.73B
FRFHF:
$15.57B
MKL:
$3.23B
FRFHF:
$7.93B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.98 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | -0.27 | -0.05 |
| Martin ratioReturn relative to average drawdown | -0.68 | -0.54 | -0.14 |
Loading charts...
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.
Loading charts...
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 | -14.12% | -12.22% | -1.90% |
Average DrawdownAverage peak-to-trough decline | -11.39% | -12.48% | +1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.34% | 9.63% | -0.29% |
Volatility
MKL vs. FRFHF - Volatility Comparison
Markel Group Inc. (MKL) has a higher volatility of 8.60% compared to Fairfax Financial Holdings Ltd (FRFHF) at 5.55%. This indicates that MKL's price experiences larger fluctuations and is considered to be riskier than FRFHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MKL | FRFHF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.60% | 5.55% | +3.05% |
Volatility (6M)Calculated over the trailing 6-month period | 15.73% | 15.82% | -0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.26% | 21.76% | -1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.46% | 25.58% | -3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.38% | 27.12% | -1.74% |
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 0.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRFHF Fairfax Financial Holdings Ltd | 0.90% | 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 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%.
FRFHF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Fairfax Financial Holdings Ltd reported a gross profit of 11.42B and revenue of 11.42B. 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%.
FRFHF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Fairfax Financial Holdings Ltd reported an operating income of 1.91B and revenue of 11.42B, resulting in an operating margin of 16.7%.
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%.
FRFHF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Fairfax Financial Holdings Ltd reported a net income of 1.36B and revenue of 11.42B, resulting in a net margin of 11.9%.
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.
MKL has higher volatility (8.60%) compared to FRFHF (5.55%). In terms of maximum drawdown, MKL dropped -61.32% vs FRFHF's -58.92%.
FRFHF currently has the higher Sharpe Ratio (-0.24 vs -0.31), 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.
Find the right allocation for MKL and FRFHF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer