CALM vs. BRO
CALM (Cal-Maine Foods, Inc.) and BRO (Brown & Brown, Inc.) are both stocks. CALM operates in Farm Products (Consumer Defensive), while BRO operates in Insurance Brokers (Financial Services). Over the past 10 years, CALM returned 9.13%/yr vs 13.27%/yr for BRO. At a 0.17 correlation, their price movements are largely independent.
Performance
CALM vs. BRO - Performance Comparison
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Returns By Period
In the year-to-date period, CALM achieves a -2.78% return, which is significantly higher than BRO's -26.85% return. Over the past 10 years, CALM has underperformed BRO with an annualized return of 9.13%, while BRO has yielded a comparatively higher 13.27% annualized return.
CALM
- 1D
- 0.91%
- 1M
- 0.33%
- YTD
- -2.78%
- 6M
- -9.32%
- 1Y
- -18.13%
- 3Y*
- 21.90%
- 5Y*
- 21.90%
- 10Y*
- 9.13%
BRO
- 1D
- -1.46%
- 1M
- 3.05%
- YTD
- -26.85%
- 6M
- -24.91%
- 1Y
- -47.08%
- 3Y*
- -2.56%
- 5Y*
- 3.04%
- 10Y*
- 13.27%
CALM vs. BRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CALM Cal-Maine Foods, Inc. | -2.78% | -15.61% | 87.00% | 14.48% | 51.87% | -1.38% | -12.19% | 2.09% | -3.90% | 0.62% |
BRO Brown & Brown, Inc. | -26.85% | -21.37% | 44.32% | 25.73% | -18.39% | 49.31% | 21.06% | 44.67% | 8.30% | 16.15% |
Correlation
The correlation between CALM and BRO is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 1996 | 0.17 |
Fundamentals
CALM:
$14.48
BRO:
$4.76
CALM:
5.27
BRO:
12.18
CALM:
0.00
BRO:
0.89
CALM:
1.06
BRO:
2.18
CALM:
$3.46B
BRO:
$6.43B
CALM:
$1.17B
BRO:
$3.82B
CALM:
$1.05B
BRO:
$1.51B
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Return for Risk
CALM vs. BRO — Risk / Return Rank
CALM
BRO
CALM vs. BRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cal-Maine Foods, Inc. (CALM) 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.
| CALM | BRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.85 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.69 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | -0.93 | +0.44 |
| Martin ratioReturn relative to average drawdown | -0.77 | -1.59 | +0.83 |
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
| CALM | BRO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.55 | -1.66 | +1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.12 | +0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.56 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.50 | -0.12 |
Drawdowns
CALM vs. BRO - Drawdown Comparison
The maximum CALM drawdown since its inception was -74.08%, which is greater than BRO's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for CALM and BRO.
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Drawdown Indicators
| CALM | BRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.08% | -55.85% | -18.23% |
Max Drawdown (1Y)Largest decline over 1 year | -37.00% | -50.55% | +13.55% |
Max Drawdown (3Y)Largest decline over 3 years | -37.00% | -55.85% | +18.85% |
Max Drawdown (5Y)Largest decline over 5 years | -37.00% | -55.85% | +18.85% |
Max Drawdown (10Y)Largest decline over 10 years | -39.12% | -55.85% | +16.73% |
Current DrawdownCurrent decline from peak | -32.72% | -52.91% | +20.19% |
Average DrawdownAverage peak-to-trough decline | -30.31% | -13.52% | -16.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.64% | 29.57% | -5.93% |
Volatility
CALM vs. BRO - Volatility Comparison
The current volatility for Cal-Maine Foods, Inc. (CALM) is 7.03%, while Brown & Brown, Inc. (BRO) has a volatility of 9.52%. This indicates that CALM experiences smaller price fluctuations and is considered to be less risky 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
| CALM | BRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.03% | 9.52% | -2.49% |
Volatility (6M)Calculated over the trailing 6-month period | 20.18% | 21.90% | -1.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.13% | 28.53% | +4.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.59% | 24.81% | +7.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.16% | 23.69% | +7.47% |
Dividends
CALM vs. BRO - Dividend Comparison
CALM's dividend yield for the trailing twelve months is around 6.29%, more than BRO's 1.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRO Brown & Brown, Inc. | 1.11% | 0.77% | 0.53% | 0.67% | 0.74% | 0.54% | 0.73% | 0.82% | 1.11% | 1.08% | 1.12% | 1.41% |
CALM Cal-Maine Foods, Inc. | 6.29% | 10.90% | 2.82% | 7.51% | 3.17% | 0.09% | 0.00% | 0.98% | 1.03% | 0.00% | 2.70% | 4.10% |
Financials
CALM vs. BRO - Financials Comparison
This section allows you to compare key financial metrics between Cal-Maine Foods, Inc. 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
CALM vs. BRO - Profitability Comparison
CALM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cal-Maine Foods, Inc. reported a gross profit of 119.28M and revenue of 666.95M. Therefore, the gross margin over that period was 17.9%.
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%.
CALM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cal-Maine Foods, Inc. reported an operating income of 35.98M and revenue of 666.95M, resulting in an operating margin of 5.4%.
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%.
CALM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cal-Maine Foods, Inc. reported a net income of 50.46M and revenue of 666.95M, resulting in a net margin of 7.6%.
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
CALM and BRO have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRO has higher volatility (9.52%) compared to CALM (7.03%). In terms of maximum drawdown, CALM dropped -74.08% vs BRO's -55.85%.
CALM currently has the higher Sharpe Ratio (-0.55 vs -1.66), 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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