AJG vs. JNJ
AJG (Arthur J. Gallagher & Co.) and JNJ (Johnson & Johnson) are both stocks. AJG operates in Insurance Brokers (Financial Services), while JNJ operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, AJG returned 19.74%/yr vs 10.10%/yr for JNJ. At a 0.23 correlation, their price movements are largely independent.
Performance
AJG vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, AJG achieves a -1.36% return, which is significantly lower than JNJ's 21.57% return. Over the past 10 years, AJG has outperformed JNJ with an annualized return of 19.74%, while JNJ has yielded a comparatively lower 10.10% annualized return.
AJG
- 1D
- -0.09%
- 1M
- 18.50%
- 6M
- -1.25%
- YTD
- -1.36%
- 1Y
- -18.08%
- 3Y*
- 6.09%
- 5Y*
- 13.67%
- 10Y*
- 19.74%
- ALL TIME*
- 12.61%
JNJ
- 1D
- -1.67%
- 1M
- 8.95%
- 6M
- 15.06%
- YTD
- 21.57%
- 1Y
- 55.80%
- 3Y*
- 16.86%
- 5Y*
- 11.06%
- 10Y*
- 10.10%
- ALL TIME*
- 12.23%
AJG vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | -1.36% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 32.12% | 31.79% | 19.19% | 25.04% |
JNJ Johnson & Johnson | 21.57% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between AJG and JNJ is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984 | 0.23 |
The correlation between AJG and JNJ shifts across timeframes, from 0.11 (1 year) to 0.31 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AJG:
$65.18B
JNJ:
$598.96B
AJG:
$5.74
JNJ:
$8.63
AJG:
44.21
JNJ:
28.83
AJG:
4.58
JNJ:
0.96
AJG:
4.74
JNJ:
6.29
AJG:
$13.94B
JNJ:
$96.36B
AJG:
$7.63B
JNJ:
$66.60B
AJG:
$3.66B
JNJ:
$31.62B
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Return for Risk
AJG vs. JNJ — Risk / Return Rank
AJG
JNJ
AJG vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arthur J. Gallagher & Co. (AJG) and Johnson & Johnson (JNJ). 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 | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.72 | ||
| Sortino ratioReturn per unit of downside risk | -4.98 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.53 | -0.62 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 5.12 | -5.59 |
| Martin ratioReturn relative to average drawdown | -0.79 | 14.40 | -15.18 |
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Drawdowns
AJG vs. JNJ - Drawdown Comparison
The maximum AJG drawdown since its inception was -57.49%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for AJG and JNJ.
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Drawdown Indicators
| AJG | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.49% | -50.67% | -6.82% |
Max Drawdown (1Y)Largest decline over 1 year | -38.59% | -10.96% | -27.63% |
Max Drawdown (3Y)Largest decline over 3 years | -44.40% | -15.95% | -28.45% |
Max Drawdown (5Y)Largest decline over 5 years | -44.40% | -18.41% | -25.99% |
Max Drawdown (10Y)Largest decline over 10 years | -44.40% | -27.37% | -17.03% |
Current DrawdownCurrent decline from peak | -26.31% | -6.89% | -19.42% |
Average DrawdownAverage peak-to-trough decline | -12.87% | -11.88% | -0.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.05% | 3.89% | +19.16% |
Volatility
AJG vs. JNJ - Volatility Comparison
Arthur J. Gallagher & Co. (AJG) has a higher volatility of 10.92% compared to Johnson & Johnson (JNJ) at 9.47%. This indicates that AJG's price experiences larger fluctuations and is considered to be riskier than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AJG | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.92% | 9.47% | +1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 24.11% | 14.38% | +9.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.72% | 18.08% | +11.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.42% | 17.34% | +6.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.24% | 18.70% | +4.54% |
Dividends
AJG vs. JNJ - Dividend Comparison
AJG's dividend yield for the trailing twelve months is around 1.06%, less than JNJ's 2.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.06% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
JNJ Johnson & Johnson | 2.11% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Financials
AJG vs. JNJ - Financials Comparison
This section allows you to compare key financial metrics between Arthur J. Gallagher & Co. and Johnson & Johnson. 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. JNJ - Profitability Comparison
AJG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.
AJG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
AJG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
Frequently Asked Questions
AJG and JNJ have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AJG has higher volatility (10.92%) compared to JNJ (9.47%). In terms of maximum drawdown, AJG dropped -57.49% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.11 vs -0.61), 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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