AJG vs. IBTH
AJG (Arthur J. Gallagher & Co.) is a stock, while IBTH (iShares iBonds Dec 2027 Term Treasury ETF) is Government Bonds fund tracking the ICE 2027 Maturity US Treasury Index. Over the past 5 years, AJG returned 9.77%/yr vs 0.42%/yr for IBTH. At a correlation of -0.03, they often move in opposite directions.
Performance
AJG vs. IBTH - Performance Comparison
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Returns By Period
In the year-to-date period, AJG achieves a -14.95% return, which is significantly lower than IBTH's 1.03% return.
AJG
- 1D
- -1.00%
- 1M
- 9.74%
- YTD
- -14.95%
- 6M
- -13.82%
- 1Y
- -30.16%
- 3Y*
- 2.53%
- 5Y*
- 9.77%
- 10Y*
- 18.56%
IBTH
- 1D
- -0.02%
- 1M
- 0.23%
- YTD
- 1.03%
- 6M
- 1.29%
- 1Y
- 3.81%
- 3Y*
- 4.16%
- 5Y*
- 0.42%
- 10Y*
- —
AJG vs. IBTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | -14.95% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 26.99% |
IBTH iShares iBonds Dec 2027 Term Treasury ETF | 1.03% | 5.29% | 3.22% | 4.38% | -9.75% | -3.43% | 4.20% |
Correlation
The correlation between AJG and IBTH is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2020 | -0.03 |
The correlation between AJG and IBTH shifts across timeframes, from -0.03 (all time) to 0.12 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AJG vs. IBTH — Risk / Return Rank
AJG
IBTH
AJG vs. IBTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arthur J. Gallagher & Co. (AJG) and iShares iBonds Dec 2027 Term Treasury ETF (IBTH). 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 | IBTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.86 | ||
| Sortino ratioReturn per unit of downside risk | -8.74 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.96 | -1.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 10.03 | -10.80 |
| Martin ratioReturn relative to average drawdown | -1.30 | 41.28 | -42.58 |
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Drawdowns
AJG vs. IBTH - Drawdown Comparison
The maximum AJG drawdown since its inception was -57.49%, which is greater than IBTH's maximum drawdown of -16.16%. Use the drawdown chart below to compare losses from any high point for AJG and IBTH.
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Drawdown Indicators
| AJG | IBTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.49% | -16.16% | -41.33% |
Max Drawdown (1Y)Largest decline over 1 year | -40.64% | -0.38% | -40.26% |
Max Drawdown (3Y)Largest decline over 3 years | -44.40% | -2.09% | -42.31% |
Max Drawdown (5Y)Largest decline over 5 years | -44.40% | -14.41% | -29.99% |
Max Drawdown (10Y)Largest decline over 10 years | -44.40% | — | — |
Current DrawdownCurrent decline from peak | -36.46% | -1.25% | -35.21% |
Average DrawdownAverage peak-to-trough decline | -12.83% | -6.69% | -6.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.87% | 0.09% | +23.78% |
Volatility
AJG vs. IBTH - Volatility Comparison
Arthur J. Gallagher & Co. (AJG) has a higher volatility of 8.37% compared to iShares iBonds Dec 2027 Term Treasury ETF (IBTH) at 0.20%. This indicates that AJG's price experiences larger fluctuations and is considered to be riskier than IBTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AJG | IBTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 0.20% | +8.17% |
Volatility (6M)Calculated over the trailing 6-month period | 22.48% | 0.54% | +21.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.85% | 1.03% | +26.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.98% | 4.19% | +18.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 4.20% | +18.88% |
Dividends
AJG vs. IBTH - Dividend Comparison
AJG's dividend yield for the trailing twelve months is around 1.23%, less than IBTH's 3.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.23% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
IBTH iShares iBonds Dec 2027 Term Treasury ETF | 3.82% | 3.92% | 4.04% | 3.61% | 2.00% | 0.77% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AJG and IBTH have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AJG has higher volatility (8.37%) compared to IBTH (0.20%). In terms of maximum drawdown, AJG dropped -57.49% vs IBTH's -16.16%.
IBTH currently has the higher Sharpe Ratio (3.74 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.
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