AJG vs. CW
AJG (Arthur J. Gallagher & Co.) and CW (Curtiss-Wright Corporation) are both stocks. AJG operates in Insurance Brokers (Financial Services), while CW operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, AJG returned 18.45%/yr vs 25.25%/yr for CW. At a 0.29 correlation, their price movements are largely independent.
Performance
AJG vs. CW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AJG achieves a -16.10% return, which is significantly lower than CW's 38.43% return. Over the past 10 years, AJG has underperformed CW with an annualized return of 18.45%, while CW has yielded a comparatively higher 25.25% annualized return.
AJG
- 1D
- -1.35%
- 1M
- 8.26%
- YTD
- -16.10%
- 6M
- -15.25%
- 1Y
- -31.10%
- 3Y*
- 1.26%
- 5Y*
- 9.90%
- 10Y*
- 18.45%
CW
- 1D
- 0.64%
- 1M
- 7.03%
- YTD
- 38.43%
- 6M
- 39.42%
- 1Y
- 61.45%
- 3Y*
- 63.27%
- 5Y*
- 43.89%
- 10Y*
- 25.25%
AJG vs. CW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | -16.10% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 32.12% | 31.79% | 19.19% | 25.04% |
CW Curtiss-Wright Corporation | 38.43% | 55.66% | 59.73% | 33.98% | 21.03% | 19.86% | -16.83% | 38.70% | -15.79% | 24.56% |
Correlation
The correlation between AJG and CW is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.29 |
The correlation between AJG and CW shifts across timeframes, from -0.06 (1 year) to 0.36 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AJG:
$5.74
CW:
$13.64
AJG:
37.60
CW:
55.91
AJG:
3.90
CW:
3.05
AJG:
4.03
CW:
7.92
AJG:
$13.94B
CW:
$3.61B
AJG:
$7.63B
CW:
$1.34B
AJG:
$3.66B
CW:
$745.31M
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
AJG vs. CW — Risk / Return Rank
AJG
CW
AJG vs. CW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arthur J. Gallagher & Co. (AJG) and Curtiss-Wright Corporation (CW). 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.
| AJG | CW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.00 | ||
| Sortino ratioReturn per unit of downside risk | -3.93 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.31 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 4.76 | -5.53 |
| Martin ratioReturn relative to average drawdown | -1.30 | 13.83 | -15.13 |
Loading charts...
Drawdowns
AJG vs. CW - Drawdown Comparison
The maximum AJG drawdown since its inception was -57.49%, roughly equal to the maximum CW drawdown of -59.19%. Use the drawdown chart below to compare losses from any high point for AJG and CW.
Loading charts...
Drawdown Indicators
| AJG | CW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.49% | -59.19% | +1.70% |
Max Drawdown (1Y)Largest decline over 1 year | -40.64% | -12.97% | -27.67% |
Max Drawdown (3Y)Largest decline over 3 years | -44.40% | -27.21% | -17.19% |
Max Drawdown (5Y)Largest decline over 5 years | -44.40% | -27.21% | -17.19% |
Max Drawdown (10Y)Largest decline over 10 years | -44.40% | -48.73% | +4.33% |
Current DrawdownCurrent decline from peak | -37.32% | 0.00% | -37.32% |
Average DrawdownAverage peak-to-trough decline | -12.84% | -13.89% | +1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.96% | 4.46% | +19.50% |
Volatility
AJG vs. CW - Volatility Comparison
The current volatility for Arthur J. Gallagher & Co. (AJG) is 8.23%, while Curtiss-Wright Corporation (CW) has a volatility of 10.42%. This indicates that AJG experiences smaller price fluctuations and is considered to be less risky than CW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AJG | CW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.23% | 10.42% | -2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 22.31% | 25.90% | -3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.80% | 33.02% | -5.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.00% | 27.89% | -4.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.09% | 30.32% | -7.23% |
Dividends
AJG vs. CW - Dividend Comparison
AJG's dividend yield for the trailing twelve months is around 1.25%, more than CW's 0.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.25% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
CW Curtiss-Wright Corporation | 0.16% | 0.17% | 0.23% | 0.35% | 0.45% | 0.51% | 0.58% | 0.47% | 0.59% | 0.46% | 0.53% | 0.76% |
Financials
AJG vs. CW - Financials Comparison
This section allows you to compare key financial metrics between Arthur J. Gallagher & Co. and Curtiss-Wright Corporation. 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
AJG vs. CW - Profitability Comparison
AJG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported a gross profit of 1.42B and revenue of 3.63B. Therefore, the gross margin over that period was 39.1%.
CW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Curtiss-Wright Corporation reported a gross profit of 331.48M and revenue of 913.69M. Therefore, the gross margin over that period was 36.3%.
AJG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported an operating income of 341.00M and revenue of 3.63B, resulting in an operating margin of 9.4%.
CW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Curtiss-Wright Corporation reported an operating income of 160.42M and revenue of 913.69M, resulting in an operating margin of 17.6%.
AJG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported a net income of 151.00M and revenue of 3.63B, resulting in a net margin of 4.2%.
CW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Curtiss-Wright Corporation reported a net income of 128.19M and revenue of 913.69M, resulting in a net margin of 14.0%.
Frequently Asked Questions
AJG and CW have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CW has higher volatility (10.42%) compared to AJG (8.23%). In terms of maximum drawdown, AJG dropped -57.49% vs CW's -59.19%.
CW currently has the higher Sharpe Ratio (1.87 vs -1.12), 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 AJG and CW
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