AVGO vs. AJG
AVGO (Broadcom Inc.) and AJG (Arthur J. Gallagher & Co.) are both stocks. AVGO operates in Semiconductors (Technology), while AJG operates in Insurance Brokers (Financial Services). Over the past 10 years, AVGO returned 41.32%/yr vs 17.92%/yr for AJG. At a 0.29 correlation, their price movements are largely independent.
Performance
AVGO vs. AJG - Performance Comparison
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Returns By Period
In the year-to-date period, AVGO achieves a 14.83% return, which is significantly higher than AJG's -17.35% return. Over the past 10 years, AVGO has outperformed AJG with an annualized return of 41.32%, while AJG has yielded a comparatively lower 17.92% annualized return.
AVGO
- 1D
- 2.82%
- 1M
- -7.77%
- YTD
- 14.83%
- 6M
- -0.72%
- 1Y
- 61.91%
- 3Y*
- 72.46%
- 5Y*
- 56.70%
- 10Y*
- 41.32%
AJG
- 1D
- -1.67%
- 1M
- 7.22%
- YTD
- -17.35%
- 6M
- -10.08%
- 1Y
- -34.63%
- 3Y*
- 1.87%
- 5Y*
- 9.17%
- 10Y*
- 17.92%
AVGO vs. AJG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 14.83% | 50.63% | 110.49% | 104.18% | -13.27% | 56.48% | 44.88% | 29.05% | 2.18% | 48.19% |
AJG Arthur J. Gallagher & Co. | -17.35% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 32.12% | 31.79% | 19.19% | 25.04% |
Correlation
The correlation between AVGO and AJG is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2009 | 0.29 |
The correlation between AVGO and AJG shifts across timeframes, from -0.19 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Fundamentals
AVGO:
$6.01
AJG:
$5.74
AVGO:
65.99
AJG:
37.04
AVGO:
0.82
AJG:
3.84
AVGO:
25.64
AJG:
3.97
AVGO:
$75.47B
AJG:
$13.94B
AVGO:
$50.53B
AJG:
$7.63B
AVGO:
$41.76B
AJG:
$3.66B
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Return for Risk
AVGO vs. AJG — Risk / Return Rank
AVGO
AJG
AVGO vs. AJG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) and Arthur J. Gallagher & Co. (AJG). 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.
| AVGO | AJG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.62 | ||
| Sortino ratioReturn per unit of downside risk | +3.67 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.78 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | -0.85 | +3.03 |
| Martin ratioReturn relative to average drawdown | 5.16 | -1.47 | +6.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AVGO | AJG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | -1.25 | +2.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.32 | 0.40 | +0.92 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.05 | 0.78 | +0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 0.47 | +0.62 |
Drawdowns
AVGO vs. AJG - Drawdown Comparison
The maximum AVGO drawdown since its inception was -48.30%, smaller than the maximum AJG drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for AVGO and AJG.
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Drawdown Indicators
| AVGO | AJG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.30% | -57.49% | +9.19% |
Max Drawdown (1Y)Largest decline over 1 year | -28.67% | -40.64% | +11.97% |
Max Drawdown (3Y)Largest decline over 3 years | -41.15% | -44.40% | +3.25% |
Max Drawdown (5Y)Largest decline over 5 years | -41.15% | -44.40% | +3.25% |
Max Drawdown (10Y)Largest decline over 10 years | -48.30% | -44.40% | -3.90% |
Current DrawdownCurrent decline from peak | -17.64% | -38.26% | +20.62% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -12.83% | +4.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.03% | 24.06% | -12.03% |
Volatility
AVGO vs. AJG - Volatility Comparison
Broadcom Inc. (AVGO) has a higher volatility of 20.09% compared to Arthur J. Gallagher & Co. (AJG) at 8.97%. This indicates that AVGO's price experiences larger fluctuations and is considered to be riskier than AJG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVGO | AJG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.09% | 8.97% | +11.12% |
Volatility (6M)Calculated over the trailing 6-month period | 34.69% | 22.42% | +12.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.31% | 27.95% | +17.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.31% | 22.96% | +20.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.48% | 23.08% | +16.40% |
Dividends
AVGO vs. AJG - Dividend Comparison
AVGO's dividend yield for the trailing twelve months is around 0.63%, less than AJG's 1.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.27% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
AVGO Broadcom Inc. | 0.63% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
Financials
AVGO vs. AJG - Financials Comparison
This section allows you to compare key financial metrics between Broadcom Inc. and Arthur J. Gallagher & Co.. 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
AVGO vs. AJG - Profitability Comparison
AVGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a gross profit of 14.92B and revenue of 22.19B. Therefore, the gross margin over that period was 67.2%.
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%.
AVGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported an operating income of 10.87B and revenue of 22.19B, resulting in an operating margin of 49.0%.
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%.
AVGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a net income of 9.31B and revenue of 22.19B, resulting in a net margin of 42.0%.
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%.
Frequently Asked Questions
AVGO and AJG have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGO has higher volatility (20.09%) compared to AJG (8.97%). In terms of maximum drawdown, AVGO dropped -48.30% vs AJG's -57.49%.
AVGO currently has the higher Sharpe Ratio (1.38 vs -1.25), 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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