BF-A vs. BF-B
BF-A (Brown-Forman Corporation) and BF-B (Brown-Forman Corporation) are both stocks. Both operate in the Beverages - Wineries & Distilleries industry within the Consumer Defensive sector. Over the past 10 years, BF-A returned -1.65%/yr vs -1.14%/yr for BF-B. Their 0.79 correlation means they have sometimes moved together and sometimes differently.
Performance
BF-A vs. BF-B - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BF-A achieves a 13.03% return, which is significantly higher than BF-B's 12.23% return. Over the past 10 years, BF-A has underperformed BF-B with an annualized return of -1.65%, while BF-B has yielded a comparatively higher -1.14% annualized return.
BF-A
- 1D
- 0.03%
- 1M
- 9.19%
- 6M
- 6.86%
- YTD
- 13.03%
- 1Y
- 5.72%
- 3Y*
- -24.21%
- 5Y*
- -13.37%
- 10Y*
- -1.65%
- ALL TIME*
- 10.87%
BF-B
- 1D
- -0.35%
- 1M
- 9.82%
- 6M
- 6.86%
- YTD
- 12.23%
- 1Y
- 3.33%
- 3Y*
- -24.13%
- 5Y*
- -14.68%
- 10Y*
- -1.14%
- ALL TIME*
- 12.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.36M | $3.67M | $4.80M | |
| $72.42M | $68.61M | $81.20M |
BF-A vs. BF-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BF-A Brown-Forman Corporation | 13.03% | -28.07% | -35.56% | -8.20% | -1.88% | -5.36% | 18.31% | 34.00% | -9.34% | 47.37% |
BF-B Brown-Forman Corporation | 12.23% | -29.29% | -32.23% | -11.91% | -8.86% | -6.07% | 18.67% | 43.78% | -10.98% | 55.01% |
Correlation
The correlation between BF-A and BF-B is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984 | 0.79 |
The correlation between BF-A and BF-B shifts across timeframes, from 0.79 (all time) to 0.96 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
BF-A:
$13.47B
BF-B:
$13.40B
BF-A:
$1.71
BF-B:
$1.71
BF-A:
17.11
BF-B:
16.83
BF-A:
21.27
BF-B:
20.91
BF-A:
3.53
BF-B:
3.47
BF-A:
$3.91B
BF-B:
$3.91B
BF-A:
$2.32B
BF-B:
$2.32B
BF-A:
$1.19B
BF-B:
$1.19B
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
BF-A vs. BF-B — Risk / Return Rank
BF-A
BF-B
BF-A vs. BF-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brown-Forman Corporation (BF-A) and Brown-Forman Corporation (BF-B). 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.
| BF-A | BF-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.05 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | 0.12 | +0.11 |
| Martin ratioReturn relative to average drawdown | 0.49 | 0.25 | +0.24 |
Loading charts...
Drawdowns
BF-A vs. BF-B - Drawdown Comparison
The maximum BF-A drawdown since its inception was -70.24%, roughly equal to the maximum BF-B drawdown of -68.96%. Use the drawdown chart below to compare losses from any high point for BF-A and BF-B.
Loading charts...
Drawdown Indicators
| BF-A | BF-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.24% | -68.96% | -1.28% |
Max Drawdown (1Y)Largest decline over 1 year | -24.17% | -25.48% | +1.31% |
Max Drawdown (3Y)Largest decline over 3 years | -65.60% | -65.52% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -67.09% | -68.31% | +1.22% |
Max Drawdown (10Y)Largest decline over 10 years | -68.32% | -68.96% | +0.64% |
Current DrawdownCurrent decline from peak | -59.76% | -60.54% | +0.78% |
Average DrawdownAverage peak-to-trough decline | -14.93% | -11.78% | -3.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.23% | 11.96% | -0.73% |
Volatility
BF-A vs. BF-B - Volatility Comparison
The current volatility for Brown-Forman Corporation (BF-A) is 11.12%, while Brown-Forman Corporation (BF-B) has a volatility of 11.93%. This indicates that BF-A experiences smaller price fluctuations and is considered to be less risky than BF-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BF-A | BF-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.12% | 11.93% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 30.86% | 32.16% | -1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.08% | 38.81% | -1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.71% | 30.48% | -0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.41% | 28.31% | +0.10% |
Dividends
BF-A vs. BF-B - Dividend Comparison
BF-A's dividend yield for the trailing twelve months is around 3.15%, less than BF-B's 3.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BF-A Brown-Forman Corporation | 3.15% | 3.46% | 2.33% | 1.40% | 1.17% | 2.55% | 0.96% | 1.07% | 3.11% | 1.11% | 1.50% | 1.17% |
BF-B Brown-Forman Corporation | 3.20% | 3.49% | 2.32% | 1.46% | 1.17% | 2.37% | 0.88% | 0.99% | 3.10% | 1.09% | 1.54% | 1.29% |
Financials
BF-A vs. BF-B - Financials Comparison
This section allows you to compare key financial metrics between Brown-Forman Corporation and Brown-Forman 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
BF-A vs. BF-B - Profitability Comparison
BF-A - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Brown-Forman Corporation reported a gross profit of 640.00M and revenue of 1.06B. Therefore, the gross margin over that period was 60.6%.
BF-B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Brown-Forman Corporation reported a gross profit of 640.00M and revenue of 1.06B. Therefore, the gross margin over that period was 60.6%.
BF-A - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Brown-Forman Corporation reported an operating income of 343.00M and revenue of 1.06B, resulting in an operating margin of 32.5%.
BF-B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Brown-Forman Corporation reported an operating income of 343.00M and revenue of 1.06B, resulting in an operating margin of 32.5%.
BF-A - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Brown-Forman Corporation reported a net income of 267.00M and revenue of 1.06B, resulting in a net margin of 25.3%.
BF-B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Brown-Forman Corporation reported a net income of 267.00M and revenue of 1.06B, resulting in a net margin of 25.3%.
Frequently Asked Questions
With a correlation of 0.96, BF-A and BF-B move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BF-B has higher volatility (11.93%) compared to BF-A (11.12%). In terms of maximum drawdown, BF-A dropped -70.24% vs BF-B's -68.96%.
BF-A currently has the higher Sharpe Ratio (0.15 vs 0.08), 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 BF-A and BF-B
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