BHF vs. AJG
BHF (Brighthouse Financial, Inc.) and AJG (Arthur J. Gallagher & Co.) are both stocks. Both are in the Financial Services sector — BHF in Insurance - Life, AJG in Insurance Brokers. Over the past 5 years, BHF returned 7.26%/yr vs 10.13%/yr for AJG. At a 0.38 correlation, their price movements are largely independent.
Performance
BHF vs. AJG - Performance Comparison
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Returns By Period
In the year-to-date period, BHF achieves a -1.98% return, which is significantly higher than AJG's -16.09% return.
BHF
- 1D
- 0.73%
- 1M
- 1.66%
- YTD
- -1.98%
- 6M
- -1.61%
- 1Y
- 7.85%
- 3Y*
- 12.92%
- 5Y*
- 7.26%
- 10Y*
- —
AJG
- 1D
- 3.20%
- 1M
- 5.74%
- YTD
- -16.09%
- 6M
- -16.06%
- 1Y
- -32.68%
- 3Y*
- 1.48%
- 5Y*
- 10.13%
- 10Y*
- 18.78%
BHF vs. AJG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BHF Brighthouse Financial, Inc. | -1.98% | 34.87% | -9.22% | 3.22% | -1.02% | 43.07% | -7.71% | 28.71% | -48.02% | -21.81% |
AJG Arthur J. Gallagher & Co. | -16.09% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 32.12% | 31.79% | 19.19% | 11.24% |
Correlation
The correlation between BHF and AJG is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2017 | 0.38 |
The correlation between BHF and AJG shifts across timeframes, from 0.18 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BHF:
-$1.50
AJG:
$5.74
BHF:
0.49
AJG:
4.03
BHF:
$5.58B
AJG:
$13.94B
BHF:
$2.23B
AJG:
$7.63B
BHF:
$942.00M
AJG:
$3.66B
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Return for Risk
BHF vs. AJG — Risk / Return Rank
BHF
AJG
BHF vs. AJG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brighthouse Financial, Inc. (BHF) 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.
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.
| BHF | AJG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +2.52 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.80 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | -0.81 | +1.17 |
| Martin ratioReturn relative to average drawdown | 0.88 | -1.34 | +2.21 |
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Drawdowns
BHF vs. AJG - Drawdown Comparison
The maximum BHF drawdown since its inception was -78.47%, which is greater than AJG's maximum drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for BHF and AJG.
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Drawdown Indicators
| BHF | AJG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.47% | -57.49% | -20.98% |
Max Drawdown (1Y)Largest decline over 1 year | -21.62% | -40.64% | +19.02% |
Max Drawdown (3Y)Largest decline over 3 years | -31.14% | -44.40% | +13.26% |
Max Drawdown (5Y)Largest decline over 5 years | -35.19% | -44.40% | +9.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.40% | — |
Current DrawdownCurrent decline from peak | -15.32% | -37.31% | +21.99% |
Average DrawdownAverage peak-to-trough decline | -37.33% | -12.85% | -24.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.55% | 24.42% | -12.87% |
Volatility
BHF vs. AJG - Volatility Comparison
The current volatility for Brighthouse Financial, Inc. (BHF) is 1.78%, while Arthur J. Gallagher & Co. (AJG) has a volatility of 8.17%. This indicates that BHF experiences smaller price fluctuations and is considered to be less risky 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
| BHF | AJG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 8.17% | -6.39% |
Volatility (6M)Calculated over the trailing 6-month period | 7.14% | 22.38% | -15.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.74% | 28.02% | +25.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.25% | 23.03% | +20.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.73% | 23.07% | +25.66% |
Dividends
BHF vs. AJG - Dividend Comparison
BHF has not paid dividends to shareholders, while AJG's dividend yield for the trailing twelve months is around 1.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.25% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
BHF Brighthouse Financial, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BHF vs. AJG - Financials Comparison
This section allows you to compare key financial metrics between Brighthouse Financial, 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
BHF vs. AJG - Profitability Comparison
BHF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brighthouse Financial, Inc. reported a gross profit of 0.00 and revenue of 1.53B. Therefore, the gross margin over that period was 0.0%.
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%.
BHF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brighthouse Financial, Inc. reported an operating income of 0.00 and revenue of 1.53B, resulting in an operating margin of 0.0%.
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%.
BHF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brighthouse Financial, Inc. reported a net income of -766.00M and revenue of 1.53B, resulting in a net margin of -50.2%.
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
BHF and AJG have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AJG has higher volatility (8.17%) compared to BHF (1.78%). In terms of maximum drawdown, BHF dropped -78.47% vs AJG's -57.49%.
BHF currently has the higher Sharpe Ratio (0.15 vs -1.17), 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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