FANG vs. AJG
FANG (Diamondback Energy, Inc.) and AJG (Arthur J. Gallagher & Co.) are both stocks. FANG operates in Oil & Gas E&P (Energy), while AJG operates in Insurance Brokers (Financial Services). Over the past 10 years, FANG returned 11.22%/yr vs 19.74%/yr for AJG. At a 0.21 correlation, their price movements are largely independent.
Performance
FANG vs. AJG - Performance Comparison
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Returns By Period
In the year-to-date period, FANG achieves a 31.46% return, which is significantly higher than AJG's -1.36% return. Over the past 10 years, FANG has underperformed AJG with an annualized return of 11.22%, while AJG has yielded a comparatively higher 19.74% annualized return.
FANG
- 1D
- -0.08%
- 1M
- 6.47%
- 6M
- 30.64%
- YTD
- 31.46%
- 1Y
- 41.77%
- 3Y*
- 15.59%
- 5Y*
- 24.94%
- 10Y*
- 11.22%
- ALL TIME*
- 21.34%
AJG
- 1D
- -0.09%
- 1M
- 18.50%
- 6M
- -1.25%
- YTD
- -1.36%
- 1Y
- -18.08%
- 3Y*
- 6.09%
- 5Y*
- 13.67%
- 10Y*
- 19.74%
- ALL TIME*
- 12.61%
FANG vs. AJG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FANG Diamondback Energy, Inc. | 31.46% | -5.64% | 10.35% | 19.66% | 35.34% | 127.51% | -46.00% | 0.92% | -26.35% | 24.93% |
AJG Arthur J. Gallagher & Co. | -1.36% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 32.12% | 31.79% | 19.19% | 25.04% |
Correlation
The correlation between FANG and AJG is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2012 | 0.21 |
The correlation between FANG and AJG shifts across timeframes, from -0.00 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
FANG:
$54.96B
AJG:
$65.18B
FANG:
$1.41
AJG:
$5.74
FANG:
138.71
AJG:
44.21
FANG:
3.68
AJG:
4.74
FANG:
$15.19B
AJG:
$13.94B
FANG:
$7.30B
AJG:
$7.63B
FANG:
$5.54B
AJG:
$3.66B
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Return for Risk
FANG vs. AJG — Risk / Return Rank
FANG
AJG
FANG vs. AJG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamondback Energy, Inc. (FANG) 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.
| FANG | AJG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.96 | ||
| Sortino ratioReturn per unit of downside risk | +2.61 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.91 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | -0.47 | +2.67 |
| Martin ratioReturn relative to average drawdown | 6.27 | -0.79 | +7.05 |
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Drawdowns
FANG vs. AJG - Drawdown Comparison
The maximum FANG drawdown since its inception was -88.72%, which is greater than AJG's maximum drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for FANG and AJG.
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Drawdown Indicators
| FANG | AJG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.72% | -57.49% | -31.23% |
Max Drawdown (1Y)Largest decline over 1 year | -19.09% | -38.59% | +19.50% |
Max Drawdown (3Y)Largest decline over 3 years | -42.10% | -44.40% | +2.30% |
Max Drawdown (5Y)Largest decline over 5 years | -42.10% | -44.40% | +2.30% |
Max Drawdown (10Y)Largest decline over 10 years | -88.72% | -44.40% | -44.32% |
Current DrawdownCurrent decline from peak | -8.07% | -26.31% | +18.24% |
Average DrawdownAverage peak-to-trough decline | -19.33% | -12.87% | -6.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.68% | 23.05% | -16.37% |
Volatility
FANG vs. AJG - Volatility Comparison
The current volatility for Diamondback Energy, Inc. (FANG) is 9.53%, while Arthur J. Gallagher & Co. (AJG) has a volatility of 10.92%. This indicates that FANG 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
| FANG | AJG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.53% | 10.92% | -1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 23.42% | 24.11% | -0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.08% | 29.72% | +1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.38% | 23.42% | +13.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.05% | 23.24% | +25.81% |
Dividends
FANG vs. AJG - Dividend Comparison
FANG's dividend yield for the trailing twelve months is around 2.12%, more than AJG's 1.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.06% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
FANG Diamondback Energy, Inc. | 2.12% | 2.66% | 5.06% | 5.15% | 6.55% | 1.62% | 3.10% | 0.74% | 0.40% | 0.00% | 0.00% | 0.00% |
Financials
FANG vs. AJG - Financials Comparison
This section allows you to compare key financial metrics between Diamondback Energy, 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
FANG vs. AJG - Profitability Comparison
FANG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Diamondback Energy, Inc. reported a gross profit of 3.85B and revenue of 4.24B. Therefore, the gross margin over that period was 90.9%.
AJG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
FANG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Diamondback Energy, Inc. reported an operating income of 30.00M and revenue of 4.24B, resulting in an operating margin of 0.7%.
AJG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
FANG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Diamondback Energy, Inc. reported a net income of 144.00M and revenue of 4.24B, resulting in a net margin of 3.4%.
AJG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
FANG and AJG have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AJG has higher volatility (10.92%) compared to FANG (9.53%). In terms of maximum drawdown, FANG dropped -88.72% vs AJG's -57.49%.
FANG currently has the higher Sharpe Ratio (1.35 vs -0.61), 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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