ZGN vs. AAPL
ZGN (Ermenegildo Zegna N.V.) and AAPL (Apple Inc) are both stocks. ZGN operates in Apparel Manufacturing (Consumer Cyclical), while AAPL operates in Consumer Electronics (Technology). Over the past 3 years, ZGN returned -2.18%/yr vs 19.05%/yr for AAPL. At a 0.28 correlation, their price movements are largely independent.
Performance
ZGN vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, ZGN achieves a 29.57% return, which is significantly higher than AAPL's 16.94% return.
ZGN
- 1D
- -2.08%
- 1M
- -9.65%
- 6M
- 24.47%
- YTD
- 29.57%
- 1Y
- 49.73%
- 3Y*
- -2.18%
- 5Y*
- —
- 10Y*
- —
AAPL
- 1D
- 0.63%
- 1M
- 8.99%
- 6M
- 22.15%
- YTD
- 16.94%
- 1Y
- 50.87%
- 3Y*
- 19.05%
- 5Y*
- 16.89%
- 10Y*
- 30.30%
ZGN vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ZGN Ermenegildo Zegna N.V. | 29.57% | 26.03% | -27.86% | 11.48% | 0.72% | 1.75% |
AAPL Apple Inc | 16.94% | 9.05% | 30.71% | 49.01% | -26.40% | 3.76% |
Correlation
The correlation between ZGN and AAPL is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2021 | 0.28 |
The correlation between ZGN and AAPL shifts across timeframes, from 0.28 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ZGN:
$3.53B
AAPL:
$4.66T
ZGN:
€0.66
AAPL:
$8.25
ZGN:
17.56
AAPL:
38.47
ZGN:
0.28
AAPL:
5.06
ZGN:
0.80
AAPL:
10.45
ZGN:
2.99
AAPL:
44.00
ZGN:
€3.86B
AAPL:
$451.44B
ZGN:
€2.47B
AAPL:
$216.07B
ZGN:
€586.03M
AAPL:
$153.63B
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Return for Risk
ZGN vs. AAPL — Risk / Return Rank
ZGN
AAPL
ZGN vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ermenegildo Zegna N.V. (ZGN) and Apple Inc (AAPL). 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.
| ZGN | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.39 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 3.70 | -1.42 |
| Martin ratioReturn relative to average drawdown | 5.78 | 8.82 | -3.04 |
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Drawdowns
ZGN vs. AAPL - Drawdown Comparison
The maximum ZGN drawdown since its inception was -61.02%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for ZGN and AAPL.
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Drawdown Indicators
| ZGN | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.02% | -81.80% | +20.78% |
Max Drawdown (1Y)Largest decline over 1 year | -21.88% | -13.80% | -8.08% |
Max Drawdown (3Y)Largest decline over 3 years | -61.02% | -33.36% | -27.66% |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.52% | — |
Current DrawdownCurrent decline from peak | -14.92% | 0.00% | -14.92% |
Average DrawdownAverage peak-to-trough decline | -25.21% | -29.55% | +4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.62% | 5.78% | +2.84% |
Volatility
ZGN vs. AAPL - Volatility Comparison
The current volatility for Ermenegildo Zegna N.V. (ZGN) is 9.38%, while Apple Inc (AAPL) has a volatility of 9.95%. This indicates that ZGN experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZGN | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.38% | 9.95% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 33.57% | 18.77% | +14.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.01% | 24.11% | +18.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.78% | 27.78% | +13.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.78% | 29.05% | +11.73% |
Dividends
ZGN vs. AAPL - Dividend Comparison
ZGN's dividend yield for the trailing twelve months is around 0.91%, more than AAPL's 0.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.33% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
ZGN Ermenegildo Zegna N.V. | 0.91% | 1.38% | 1.45% | 0.94% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ZGN vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Ermenegildo Zegna N.V. and Apple 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
ZGN vs. AAPL - Profitability Comparison
ZGN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Ermenegildo Zegna N.V. reported a gross profit of 550.02M and revenue of 981.93M. Therefore, the gross margin over that period was 56.0%.
AAPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Apple Inc reported a gross profit of 54.78B and revenue of 111.18B. Therefore, the gross margin over that period was 49.3%.
ZGN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Ermenegildo Zegna N.V. reported an operating income of 93.59M and revenue of 981.93M, resulting in an operating margin of 9.5%.
AAPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Apple Inc reported an operating income of 35.89B and revenue of 111.18B, resulting in an operating margin of 32.3%.
ZGN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Ermenegildo Zegna N.V. reported a net income of 55.09M and revenue of 981.93M, resulting in a net margin of 5.6%.
AAPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Apple Inc reported a net income of 29.58B and revenue of 111.18B, resulting in a net margin of 26.6%.
Frequently Asked Questions
ZGN and AAPL have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (9.95%) compared to ZGN (9.38%). In terms of maximum drawdown, ZGN dropped -61.02% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.12 vs 1.16), 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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