ZIG vs. MKL

Last updated Apr 2, 2026

Compare and contrast key facts about Acquirers Fund (ZIG) and Markel Corporation (MKL).

ZIG is a passively managed fund by Acquirers Funds that tracks the performance of the Acquirer's Index. It was launched on May 15, 2019.

Performance

ZIG vs. MKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Acquirers Fund (ZIG) and Markel Corporation (MKL). The values are adjusted to include any dividend payments, if applicable.

ZIG vs. MKL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ZIG Acquirers Fund	7.24%	-2.67%	11.34%	36.70%	-17.34%	37.38%	-15.76%	9.07%
MKL Markel Corporation	-11.49%	24.53%	21.57%	7.77%	6.77%	19.42%	-9.61%	9.17%

Returns By Period

In the year-to-date period, ZIG achieves a 7.24% return, which is significantly higher than MKL's -11.49% return.

ZIG

• 1D: 0.21%
• 1M: -1.86%
• YTD: 7.24%
• 6M: 4.32%
• 1Y: 12.09%
• 3Y*: 14.13%
• 5Y*: 10.22%
• 10Y*: —

MKL

• 1D: -0.60%
• 1M: -8.56%
• YTD: -11.49%
• 6M: 0.91%
• 1Y: 2.30%
• 3Y*: 14.20%
• 5Y*: 10.46%
• 10Y*: 7.73%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ZIG vs. MKL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ZIG

ZIG Risk / Return Rank: 27
ZIG Sharpe Ratio Rank: 25
ZIG Sortino Ratio Rank: 29
ZIG Omega Ratio Rank: 27
ZIG Calmar Ratio Rank: 29
ZIG Martin Ratio Rank: 28

MKL

MKL Risk / Return Rank: 41
MKL Sharpe Ratio Rank: 44
MKL Sortino Ratio Rank: 36
MKL Omega Ratio Rank: 36
MKL Calmar Ratio Rank: 44
MKL Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ZIG vs. MKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Acquirers Fund (ZIG) and Markel Corporation (MKL). 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.

	ZIG	MKL	Difference
Sharpe ratio Return per unit of total volatility	0.48	0.11	+0.37
Sortino ratio Return per unit of downside risk	0.89	0.31	+0.58
Omega ratio Gain probability vs. loss probability	1.12	1.04	+0.08
Calmar ratio Return relative to maximum drawdown	0.76	0.12	+0.64
Martin ratio Return relative to average drawdown	2.37	0.34	+2.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZIG vs. MKL - Sharpe Ratio Comparison

The current ZIG Sharpe Ratio is 0.48, which is higher than the MKL Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of ZIG and MKL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ZIG	MKL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	0.11	+0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.47	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.31	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.47	-0.13

Correlation

The correlation between ZIG and MKL is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ZIG vs. MKL - Dividend Comparison

ZIG's dividend yield for the trailing twelve months is around 1.78%, while MKL has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020
ZIG Acquirers Fund	1.78%	1.91%	1.96%	1.07%	1.26%	0.18%	0.18%
MKL Markel Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ZIG vs. MKL - Drawdown Comparison

The maximum ZIG drawdown since its inception was -37.14%, smaller than the maximum MKL drawdown of -61.32%. Use the drawdown chart below to compare losses from any high point for ZIG and MKL.

Drawdown Indicators

	ZIG	MKL	Difference
Max Drawdown Largest peak-to-trough decline	-37.14%	-61.32%	+24.18%
Max Drawdown (1Y) Largest decline over 1 year	-16.65%	-14.81%	-1.84%
Max Drawdown (5Y) Largest decline over 5 years	-29.75%	-28.87%	-0.88%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.66%	—
Current Drawdown Current decline from peak	-6.88%	-13.20%	+6.32%
Average Drawdown Average peak-to-trough decline	-9.84%	-11.37%	+1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.35%	5.26%	+0.09%

Volatility

ZIG vs. MKL - Volatility Comparison

The current volatility for Acquirers Fund (ZIG) is 3.69%, while Markel Corporation (MKL) has a volatility of 4.91%. This indicates that ZIG experiences smaller price fluctuations and is considered to be less risky than MKL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZIG	MKL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	4.91%	-1.22%
Volatility (6M) Calculated over the trailing 6-month period	12.46%	12.30%	+0.16%
Volatility (1Y) Calculated over the trailing 1-year period	25.11%	20.28%	+4.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.51%	22.24%	-1.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.35%	25.15%	-2.80%