BF-B vs. BRO
BF-B (Brown-Forman Corporation) and BRO (Brown & Brown, Inc.) are both stocks. BF-B operates in Beverages - Wineries & Distilleries (Consumer Defensive), while BRO operates in Insurance Brokers (Financial Services). Over the past 10 years, BF-B returned -2.65%/yr vs 13.13%/yr for BRO. At a 0.26 correlation, their price movements are largely independent.
Performance
BF-B vs. BRO - Performance Comparison
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Returns By Period
In the year-to-date period, BF-B achieves a -3.41% return, which is significantly higher than BRO's -28.62% return. Over the past 10 years, BF-B has underperformed BRO with an annualized return of -2.65%, while BRO has yielded a comparatively higher 13.13% annualized return.
BF-B
- 1D
- -0.87%
- 1M
- -2.39%
- YTD
- -3.41%
- 6M
- -15.13%
- 1Y
- -22.37%
- 3Y*
- -25.30%
- 5Y*
- -19.36%
- 10Y*
- -2.65%
BRO
- 1D
- -0.68%
- 1M
- -1.52%
- YTD
- -28.62%
- 6M
- -28.75%
- 1Y
- -49.65%
- 3Y*
- -3.23%
- 5Y*
- 2.31%
- 10Y*
- 13.13%
BF-B vs. BRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BF-B Brown-Forman Corporation | -3.41% | -29.29% | -32.23% | -11.91% | -8.86% | -6.07% | 18.67% | 43.78% | -10.98% | 55.01% |
BRO Brown & Brown, Inc. | -28.62% | -21.37% | 44.32% | 25.73% | -18.39% | 49.31% | 21.06% | 44.67% | 8.30% | 16.15% |
Correlation
The correlation between BF-B and BRO 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 | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 1992 | 0.26 |
The correlation between BF-B and BRO shifts across timeframes, from 0.12 (1 year) to 0.34 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BF-B:
$2.56
BRO:
$4.76
BF-B:
9.74
BRO:
11.88
BF-B:
12.11
BRO:
0.87
BF-B:
2.01
BRO:
2.12
BF-B:
$3.92B
BRO:
$6.43B
BF-B:
$2.33B
BRO:
$3.82B
BF-B:
$1.17B
BRO:
$1.51B
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Return for Risk
BF-B vs. BRO — Risk / Return Rank
BF-B
BRO
BF-B vs. BRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brown-Forman Corporation (BF-B) and Brown & Brown, Inc. (BRO). 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.
| BF-B | BRO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.53 | -1.78 | +1.25 |
Sortino ratioReturn per unit of downside risk | -0.52 | -2.71 | +2.19 |
Omega ratioGain probability vs. loss probability | 0.93 | 0.66 | +0.27 |
Calmar ratioReturn relative to maximum drawdown | -0.78 | -0.96 | +0.18 |
Martin ratioReturn relative to average drawdown | -1.45 | -1.63 | +0.18 |
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
| BF-B | BRO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.53 | -1.78 | +1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.65 | 0.09 | -0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.09 | 0.56 | -0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.50 | -0.02 |
Drawdowns
BF-B vs. BRO - Drawdown Comparison
The maximum BF-B drawdown since its inception was -68.96%, which is greater than BRO's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for BF-B and BRO.
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Drawdown Indicators
| BF-B | BRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.96% | -55.85% | -13.11% |
Max Drawdown (1Y)Largest decline over 1 year | -29.05% | -51.27% | +22.22% |
Max Drawdown (3Y)Largest decline over 3 years | -65.65% | -55.85% | -9.80% |
Max Drawdown (5Y)Largest decline over 5 years | -68.68% | -55.85% | -12.83% |
Max Drawdown (10Y)Largest decline over 10 years | -68.96% | -55.85% | -13.11% |
Current DrawdownCurrent decline from peak | -66.04% | -54.05% | -11.99% |
Average DrawdownAverage peak-to-trough decline | -11.58% | -13.50% | +1.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.61% | 30.24% | -14.63% |
Volatility
BF-B vs. BRO - Volatility Comparison
Brown-Forman Corporation (BF-B) has a higher volatility of 10.45% compared to Brown & Brown, Inc. (BRO) at 8.24%. This indicates that BF-B's price experiences larger fluctuations and is considered to be riskier than BRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BF-B | BRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.45% | 8.24% | +2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 31.30% | 21.22% | +10.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.17% | 27.93% | +14.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.88% | 24.69% | +5.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.02% | 23.63% | +4.39% |
Dividends
BF-B vs. BRO - Dividend Comparison
BF-B's dividend yield for the trailing twelve months is around 3.67%, more than BRO's 1.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BF-B Brown-Forman Corporation | 3.67% | 3.49% | 2.32% | 1.46% | 1.17% | 2.37% | 0.88% | 0.99% | 3.10% | 1.09% | 1.54% | 1.29% |
BRO Brown & Brown, Inc. | 1.14% | 0.77% | 0.53% | 0.67% | 0.74% | 0.54% | 0.73% | 0.82% | 1.11% | 1.08% | 1.12% | 1.41% |
Financials
BF-B vs. BRO - Financials Comparison
This section allows you to compare key financial metrics between Brown-Forman Corporation and Brown & Brown, Inc.. 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-B vs. BRO - Profitability Comparison
BF-B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
BRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brown & Brown, Inc. reported a gross profit of 994.00M and revenue of 1.90B. Therefore, the gross margin over that period was 52.3%.
BF-B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brown-Forman Corporation reported an operating income of 340.00M and revenue of 1.06B, resulting in an operating margin of 32.2%.
BRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brown & Brown, Inc. reported an operating income of 0.00 and revenue of 1.90B, resulting in an operating margin of 0.0%.
BF-B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brown-Forman Corporation reported a net income of 267.00M and revenue of 1.06B, resulting in a net margin of 25.3%.
BRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brown & Brown, Inc. reported a net income of 426.00M and revenue of 1.90B, resulting in a net margin of 22.4%.
Frequently Asked Questions
BF-B and BRO 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.
BF-B has higher volatility (10.45%) compared to BRO (8.24%). In terms of maximum drawdown, BF-B dropped -68.96% vs BRO's -55.85%.
BF-B currently has the higher Sharpe Ratio (-0.53 vs -1.78), 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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