ZGN vs. EME
ZGN (Ermenegildo Zegna N.V.) and EME (EMCOR Group, Inc.) are both stocks. ZGN operates in Apparel Manufacturing (Consumer Cyclical), while EME operates in Engineering & Construction (Industrials). Over the past 3 years, ZGN returned 4.01%/yr vs 70.85%/yr for EME. At a 0.23 correlation, their price movements are largely independent.
Performance
ZGN vs. EME - Performance Comparison
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Returns By Period
In the year-to-date period, ZGN achieves a 31.90% return, which is significantly lower than EME's 42.18% return.
ZGN
- 1D
- -2.52%
- 1M
- 1.65%
- YTD
- 31.90%
- 6M
- 27.19%
- 1Y
- 55.33%
- 3Y*
- 4.01%
- 5Y*
- —
- 10Y*
- —
EME
- 1D
- 3.86%
- 1M
- 2.35%
- YTD
- 42.18%
- 6M
- 39.88%
- 1Y
- 79.48%
- 3Y*
- 70.85%
- 5Y*
- 48.61%
- 10Y*
- 34.23%
ZGN vs. EME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ZGN Ermenegildo Zegna N.V. | 31.90% | 26.03% | -27.86% | 11.48% | 0.72% | 1.75% |
EME EMCOR Group, Inc. | 42.18% | 35.05% | 111.27% | 46.03% | 16.81% | 4.85% |
Correlation
The correlation between ZGN and EME 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 | 0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2021 | 0.23 |
Fundamentals
ZGN:
$3.60B
EME:
$39.14B
ZGN:
€0.67
EME:
$29.65
ZGN:
17.61
EME:
29.31
ZGN:
0.28
EME:
0.68
ZGN:
0.80
EME:
2.20
ZGN:
3.06
EME:
10.12
ZGN:
€3.86B
EME:
$17.75B
ZGN:
€2.47B
EME:
$3.47B
ZGN:
€586.03M
EME:
$2.03B
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Return for Risk
ZGN vs. EME — Risk / Return Rank
ZGN
EME
ZGN vs. EME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ermenegildo Zegna N.V. (ZGN) and EMCOR Group, Inc. (EME). 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 | EME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.36 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 3.18 | -0.63 |
| Martin ratioReturn relative to average drawdown | 6.75 | 7.75 | -1.00 |
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Drawdowns
ZGN vs. EME - Drawdown Comparison
The maximum ZGN drawdown since its inception was -61.02%, smaller than the maximum EME drawdown of -70.56%. Use the drawdown chart below to compare losses from any high point for ZGN and EME.
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Drawdown Indicators
| ZGN | EME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.02% | -70.56% | +9.54% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -25.15% | +3.28% |
Max Drawdown (3Y)Largest decline over 3 years | -61.02% | -36.19% | -24.83% |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.19% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.00% | — |
Current DrawdownCurrent decline from peak | -13.39% | -7.93% | -5.46% |
Average DrawdownAverage peak-to-trough decline | -25.33% | -15.36% | -9.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.23% | 10.29% | -2.06% |
Volatility
ZGN vs. EME - Volatility Comparison
Ermenegildo Zegna N.V. (ZGN) and EMCOR Group, Inc. (EME) have volatilities of 10.58% and 10.72%, 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
| ZGN | EME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.58% | 10.72% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 33.38% | 26.27% | +7.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.91% | 38.91% | +4.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.90% | 33.43% | +7.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.90% | 33.07% | +7.83% |
Dividends
ZGN vs. EME - Dividend Comparison
ZGN's dividend yield for the trailing twelve months is around 1.04%, more than EME's 0.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 0.15% | 0.16% | 0.20% | 0.32% | 0.36% | 0.41% | 0.35% | 0.37% | 0.54% | 0.39% | 0.45% | 0.67% |
ZGN Ermenegildo Zegna N.V. | 1.04% | 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. EME - Financials Comparison
This section allows you to compare key financial metrics between Ermenegildo Zegna N.V. and EMCOR Group, 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. EME - Profitability Comparison
ZGN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
EME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported a gross profit of 863.95M and revenue of 4.63B. Therefore, the gross margin over that period was 18.7%.
ZGN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
EME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported an operating income of 403.85M and revenue of 4.63B, resulting in an operating margin of 8.7%.
ZGN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
EME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported a net income of 305.48M and revenue of 4.63B, resulting in a net margin of 6.6%.
Frequently Asked Questions
ZGN and EME 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.
EME has higher volatility (10.72%) compared to ZGN (10.58%). In terms of maximum drawdown, ZGN dropped -61.02% vs EME's -70.56%.
EME currently has the higher Sharpe Ratio (2.06 vs 1.30), 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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