ELTK vs. BRO
ELTK (Eltek Ltd) and BRO (Brown & Brown, Inc.) are both stocks. ELTK operates in Electronic Components (Technology), while BRO operates in Insurance Brokers (Financial Services). Over the past 10 years, ELTK returned 6.38%/yr vs 13.98%/yr for BRO. At a 0.07 correlation, their price movements are largely independent.
Performance
ELTK vs. BRO - Performance Comparison
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Returns By Period
In the year-to-date period, ELTK achieves a 9.25% return, which is significantly higher than BRO's -23.82% return. Over the past 10 years, ELTK has underperformed BRO with an annualized return of 6.38%, while BRO has yielded a comparatively higher 13.98% annualized return.
ELTK
- 1D
- -0.22%
- 1M
- 12.84%
- YTD
- 9.25%
- 6M
- 7.51%
- 1Y
- -6.71%
- 3Y*
- -2.50%
- 5Y*
- 11.49%
- 10Y*
- 6.38%
BRO
- 1D
- 3.71%
- 1M
- 4.46%
- YTD
- -23.82%
- 6M
- -24.07%
- 1Y
- -45.06%
- 3Y*
- -2.44%
- 5Y*
- 3.28%
- 10Y*
- 13.98%
ELTK vs. BRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELTK Eltek Ltd | 9.25% | -19.97% | -20.72% | 244.16% | 15.09% | -26.04% | 39.72% | 69.82% | -48.04% | 3.29% |
BRO Brown & Brown, Inc. | -23.82% | -21.37% | 44.32% | 25.73% | -18.39% | 49.31% | 21.06% | 44.67% | 8.30% | 16.15% |
Correlation
The correlation between ELTK and BRO is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 1997 | 0.07 |
The correlation between ELTK and BRO shifts across timeframes, from -0.04 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ELTK:
-$0.45
BRO:
$4.76
ELTK:
1.29
BRO:
2.27
ELTK:
$49.47M
BRO:
$6.43B
ELTK:
$3.92M
BRO:
$3.82B
ELTK:
$582.00K
BRO:
$1.51B
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Return for Risk
ELTK vs. BRO — Risk / Return Rank
ELTK
BRO
ELTK vs. BRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eltek Ltd (ELTK) 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.
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.
| ELTK | BRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.42 | ||
| Sortino ratioReturn per unit of downside risk | +2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.70 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | -0.89 | +0.69 |
| Martin ratioReturn relative to average drawdown | -0.36 | -1.46 | +1.10 |
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Drawdowns
ELTK vs. BRO - Drawdown Comparison
The maximum ELTK drawdown since its inception was -96.70%, which is greater than BRO's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for ELTK and BRO.
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Drawdown Indicators
| ELTK | BRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.70% | -55.85% | -40.85% |
Max Drawdown (1Y)Largest decline over 1 year | -32.90% | -50.55% | +17.65% |
Max Drawdown (3Y)Largest decline over 3 years | -65.71% | -55.85% | -9.86% |
Max Drawdown (5Y)Largest decline over 5 years | -65.71% | -55.85% | -9.86% |
Max Drawdown (10Y)Largest decline over 10 years | -79.30% | -55.85% | -23.45% |
Current DrawdownCurrent decline from peak | -74.06% | -50.96% | -23.10% |
Average DrawdownAverage peak-to-trough decline | -77.46% | -13.57% | -63.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.78% | 30.94% | -12.16% |
Volatility
ELTK vs. BRO - Volatility Comparison
Eltek Ltd (ELTK) has a higher volatility of 15.33% compared to Brown & Brown, Inc. (BRO) at 8.14%. This indicates that ELTK'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
| ELTK | BRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.33% | 8.14% | +7.19% |
Volatility (6M)Calculated over the trailing 6-month period | 28.36% | 21.98% | +6.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.14% | 28.66% | +12.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.46% | 24.89% | +32.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 126.32% | 23.71% | +102.61% |
Dividends
ELTK vs. BRO - Dividend Comparison
ELTK has not paid dividends to shareholders, while BRO's dividend yield for the trailing twelve months is around 1.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRO Brown & Brown, Inc. | 1.07% | 0.77% | 0.53% | 0.67% | 0.74% | 0.54% | 0.73% | 0.82% | 1.11% | 1.08% | 1.12% | 1.41% |
ELTK Eltek Ltd | 0.00% | 2.20% | 0.00% | 1.58% | 4.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ELTK vs. BRO - Financials Comparison
This section allows you to compare key financial metrics between Eltek Ltd 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
ELTK vs. BRO - Profitability Comparison
ELTK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eltek Ltd reported a gross profit of -1.85M and revenue of 10.44M. Therefore, the gross margin over that period was -17.8%.
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%.
ELTK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eltek Ltd reported an operating income of -3.27M and revenue of 10.44M, resulting in an operating margin of -31.3%.
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%.
ELTK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eltek Ltd reported a net income of -2.85M and revenue of 10.44M, resulting in a net margin of -27.3%.
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
ELTK and BRO have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ELTK has higher volatility (15.33%) compared to BRO (8.14%). In terms of maximum drawdown, ELTK dropped -96.70% vs BRO's -55.85%.
ELTK currently has the higher Sharpe Ratio (-0.17 vs -1.58), 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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