RLI vs. BRO
RLI (RLI Corp.) and BRO (Brown & Brown, Inc.) are both stocks. Both are in the Financial Services sector — RLI in Insurance - Property & Casualty, BRO in Insurance Brokers. Over the past 10 years, RLI returned 8.16%/yr vs 12.83%/yr for BRO. At a 0.35 correlation, their price movements are largely independent.
Performance
RLI vs. BRO - Performance Comparison
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Returns By Period
In the year-to-date period, RLI achieves a -18.06% return, which is significantly higher than BRO's -30.45% return. Over the past 10 years, RLI has underperformed BRO with an annualized return of 8.16%, while BRO has yielded a comparatively higher 12.83% annualized return.
RLI
- 1D
- -1.73%
- 1M
- 3.08%
- YTD
- -18.06%
- 6M
- -16.32%
- 1Y
- -29.00%
- 3Y*
- -3.56%
- 5Y*
- 3.86%
- 10Y*
- 8.16%
BRO
- 1D
- -2.56%
- 1M
- -4.06%
- YTD
- -30.45%
- 6M
- -30.41%
- 1Y
- -50.59%
- 3Y*
- -4.07%
- 5Y*
- 1.75%
- 10Y*
- 12.83%
RLI vs. BRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RLI RLI Corp. | -18.06% | -19.13% | 27.57% | 3.77% | 24.80% | 10.67% | 18.08% | 33.22% | 16.69% | 0.38% |
BRO Brown & Brown, Inc. | -30.45% | -21.37% | 44.32% | 25.73% | -18.39% | 49.31% | 21.06% | 44.67% | 8.30% | 16.15% |
Correlation
The correlation between RLI and BRO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 1992 | 0.35 |
The correlation between RLI and BRO shifts across timeframes, from 0.35 (all time) to 0.53 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
RLI:
$4.28
BRO:
$4.76
RLI:
11.70
BRO:
11.58
RLI:
0.53
BRO:
0.85
RLI:
3.05
BRO:
2.07
RLI:
$1.52B
BRO:
$6.43B
RLI:
$481.56M
BRO:
$3.82B
RLI:
$519.11M
BRO:
$1.51B
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Return for Risk
RLI vs. BRO — Risk / Return Rank
RLI
BRO
RLI vs. BRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RLI Corp. (RLI) 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.
| RLI | BRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 0.65 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | -1.00 | +0.16 |
| Martin ratioReturn relative to average drawdown | -1.66 | -1.73 | +0.07 |
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
| RLI | BRO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.30 | -1.81 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.07 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.54 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.50 | -0.02 |
Drawdowns
RLI vs. BRO - Drawdown Comparison
The maximum RLI drawdown since its inception was -43.50%, smaller than the maximum BRO drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for RLI and BRO.
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Drawdown Indicators
| RLI | BRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.50% | -55.85% | +12.35% |
Max Drawdown (1Y)Largest decline over 1 year | -34.56% | -50.65% | +16.09% |
Max Drawdown (3Y)Largest decline over 3 years | -43.50% | -55.85% | +12.35% |
Max Drawdown (5Y)Largest decline over 5 years | -43.50% | -55.85% | +12.35% |
Max Drawdown (10Y)Largest decline over 10 years | -43.50% | -55.85% | +12.35% |
Current DrawdownCurrent decline from peak | -38.15% | -55.23% | +17.08% |
Average DrawdownAverage peak-to-trough decline | -9.84% | -13.51% | +3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.17% | 29.99% | -11.82% |
Volatility
RLI vs. BRO - Volatility Comparison
RLI Corp. (RLI) and Brown & Brown, Inc. (BRO) have volatilities of 8.36% and 8.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RLI | BRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.36% | 8.61% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 17.39% | 21.31% | -3.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.40% | 28.01% | -5.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.10% | 24.72% | -1.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.50% | 23.64% | +2.86% |
Dividends
RLI vs. BRO - Dividend Comparison
RLI's dividend yield for the trailing twelve months is around 9.31%, more than BRO's 1.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRO Brown & Brown, Inc. | 1.17% | 0.77% | 0.53% | 0.67% | 0.74% | 0.54% | 0.73% | 0.82% | 1.11% | 1.08% | 1.12% | 1.41% |
RLI RLI Corp. | 9.31% | 4.11% | 3.12% | 2.31% | 6.12% | 2.67% | 1.87% | 2.12% | 2.71% | 4.25% | 4.42% | 4.45% |
Financials
RLI vs. BRO - Financials Comparison
This section allows you to compare key financial metrics between RLI Corp. 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
Frequently Asked Questions
RLI and BRO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRO has higher volatility (8.61%) compared to RLI (8.36%). In terms of maximum drawdown, RLI dropped -43.50% vs BRO's -55.85%.
RLI currently has the higher Sharpe Ratio (-1.30 vs -1.81), 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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