PG vs. AJG
PG (The Procter & Gamble Company) and AJG (Arthur J. Gallagher & Co.) are both stocks. PG operates in Household & Personal Products (Consumer Defensive), while AJG operates in Insurance Brokers (Financial Services). Over the past 10 years, PG returned 8.53%/yr vs 19.74%/yr for AJG. At a 0.23 correlation, their price movements are largely independent.
Performance
PG vs. AJG - Performance Comparison
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Returns By Period
In the year-to-date period, PG achieves a 5.59% return, which is significantly higher than AJG's -1.36% return. Over the past 10 years, PG has underperformed AJG with an annualized return of 8.53%, while AJG has yielded a comparatively higher 19.74% annualized return.
PG
- 1D
- -0.57%
- 1M
- -0.83%
- 6M
- 4.70%
- YTD
- 5.59%
- 1Y
- -1.76%
- 3Y*
- 1.56%
- 5Y*
- 4.00%
- 10Y*
- 8.53%
- ALL TIME*
- 10.13%
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%
PG vs. AJG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 5.59% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
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 PG and AJG 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 | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984 | 0.23 |
The correlation between PG and AJG shifts across timeframes, from 0.21 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PG:
$347.29B
AJG:
$65.18B
PG:
$5.24
AJG:
$5.74
PG:
28.45
AJG:
44.21
PG:
6.96
AJG:
4.58
PG:
4.17
AJG:
4.74
PG:
$86.72B
AJG:
$13.94B
PG:
$43.64B
AJG:
$7.63B
PG:
$22.63B
AJG:
$3.66B
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Return for Risk
PG vs. AJG — Risk / Return Rank
PG
AJG
PG vs. AJG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Procter & Gamble Company (PG) 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.
| PG | AJG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.91 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | -0.47 | +0.36 |
| Martin ratioReturn relative to average drawdown | -0.20 | -0.79 | +0.59 |
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Drawdowns
PG vs. AJG - Drawdown Comparison
The maximum PG drawdown since its inception was -54.25%, smaller than the maximum AJG drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for PG and AJG.
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Drawdown Indicators
| PG | AJG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.25% | -57.49% | +3.24% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -38.59% | +23.07% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -44.40% | +23.25% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -44.40% | +20.63% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -44.40% | +20.63% |
Current DrawdownCurrent decline from peak | -13.57% | -26.31% | +12.74% |
Average DrawdownAverage peak-to-trough decline | -12.17% | -12.87% | +0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.87% | 23.05% | -14.18% |
Volatility
PG vs. AJG - Volatility Comparison
The current volatility for The Procter & Gamble Company (PG) is 7.35%, while Arthur J. Gallagher & Co. (AJG) has a volatility of 10.92%. This indicates that PG 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
| PG | AJG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.35% | 10.92% | -3.57% |
Volatility (6M)Calculated over the trailing 6-month period | 15.86% | 24.11% | -8.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.69% | 29.72% | -10.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.08% | 23.42% | -5.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.17% | 23.24% | -4.07% |
Dividends
PG vs. AJG - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 2.15%, 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% |
PG The Procter & Gamble Company | 2.15% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
PG vs. AJG - Financials Comparison
This section allows you to compare key financial metrics between The Procter & Gamble Company 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
PG vs. AJG - Profitability Comparison
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
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%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
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%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
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
PG and AJG 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.
AJG has higher volatility (10.92%) compared to PG (7.35%). In terms of maximum drawdown, PG dropped -54.25% vs AJG's -57.49%.
PG currently has the higher Sharpe Ratio (-0.09 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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