DTF vs. AJG
DTF (DTF Tax-Free Income 2028 Term Fund Inc.) and AJG (Arthur J. Gallagher & Co.) are both stocks. Both are in the Financial Services sector — DTF in Asset Management, AJG in Insurance Brokers. Over the past 10 years, DTF returned 0.55%/yr vs 20.13%/yr for AJG. At a 0.03 correlation, their price movements are largely independent.
Performance
DTF vs. AJG - Performance Comparison
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Returns By Period
In the year-to-date period, DTF achieves a 2.74% return, which is significantly higher than AJG's 1.59% return. Over the past 10 years, DTF has underperformed AJG with an annualized return of 0.55%, while AJG has yielded a comparatively higher 20.13% annualized return.
DTF
- 1D
- 0.13%
- 1M
- 0.76%
- 6M
- 2.92%
- YTD
- 2.74%
- 1Y
- 6.39%
- 3Y*
- 5.24%
- 5Y*
- -1.69%
- 10Y*
- 0.55%
AJG
- 1D
- 3.22%
- 1M
- 19.45%
- 6M
- -0.73%
- YTD
- 1.59%
- 1Y
- -15.20%
- 3Y*
- 7.92%
- 5Y*
- 14.66%
- 10Y*
- 20.13%
DTF vs. AJG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DTF DTF Tax-Free Income 2028 Term Fund Inc. | 2.74% | 5.41% | 8.07% | 2.12% | -21.17% | 0.09% | 4.11% | 23.44% | -7.25% | 2.16% |
AJG Arthur J. Gallagher & Co. | 1.59% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 32.12% | 31.79% | 19.19% | 25.04% |
Correlation
The correlation between DTF and AJG is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 1991 | 0.03 |
Fundamentals
DTF:
$81.09M
AJG:
$67.12B
DTF:
$0.93
AJG:
$5.74
DTF:
12.34
AJG:
45.53
DTF:
14.51
AJG:
4.88
DTF:
$5.59M
AJG:
$13.94B
DTF:
$5.07M
AJG:
$7.63B
DTF:
$5.07M
AJG:
$3.66B
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Return for Risk
DTF vs. AJG — Risk / Return Rank
DTF
AJG
DTF vs. AJG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DTF Tax-Free Income 2028 Term Fund Inc. (DTF) 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.
| DTF | AJG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +2.30 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.93 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.13 | -0.39 | +3.52 |
| Martin ratioReturn relative to average drawdown | 9.05 | -0.66 | +9.72 |
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Drawdowns
DTF vs. AJG - Drawdown Comparison
The maximum DTF drawdown since its inception was -37.49%, smaller than the maximum AJG drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for DTF and AJG.
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Drawdown Indicators
| DTF | AJG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.49% | -57.49% | +20.00% |
Max Drawdown (1Y)Largest decline over 1 year | -2.05% | -38.64% | +36.59% |
Max Drawdown (3Y)Largest decline over 3 years | -5.42% | -44.40% | +38.98% |
Max Drawdown (5Y)Largest decline over 5 years | -25.73% | -44.40% | +18.67% |
Max Drawdown (10Y)Largest decline over 10 years | -25.73% | -44.40% | +18.67% |
Current DrawdownCurrent decline from peak | -8.52% | -24.11% | +15.59% |
Average DrawdownAverage peak-to-trough decline | -9.22% | -12.87% | +3.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | 22.95% | -22.24% |
Volatility
DTF vs. AJG - Volatility Comparison
The current volatility for DTF Tax-Free Income 2028 Term Fund Inc. (DTF) is 1.74%, while Arthur J. Gallagher & Co. (AJG) has a volatility of 9.70%. This indicates that DTF 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
| DTF | AJG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.74% | 9.70% | -7.96% |
Volatility (6M)Calculated over the trailing 6-month period | 4.13% | 23.78% | -19.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.52% | 29.45% | -23.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.10% | 23.35% | -15.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.54% | 23.19% | -13.65% |
Dividends
DTF vs. AJG - Dividend Comparison
DTF's dividend yield for the trailing twelve months is around 3.38%, more than AJG's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.03% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
DTF DTF Tax-Free Income 2028 Term Fund Inc. | 3.38% | 3.42% | 3.48% | 3.63% | 3.57% | 4.35% | 3.22% | 2.98% | 5.48% | 4.95% | 6.53% | 5.81% |
Financials
DTF vs. AJG - Financials Comparison
This section allows you to compare key financial metrics between DTF Tax-Free Income 2028 Term Fund 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
Frequently Asked Questions
DTF and AJG have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AJG has higher volatility (9.70%) compared to DTF (1.74%). In terms of maximum drawdown, DTF dropped -37.49% vs AJG's -57.49%.
DTF currently has the higher Sharpe Ratio (1.16 vs -0.52), 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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