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 10.19%/yr vs 15.00%/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 0.75% return, which is significantly higher than BRO's -12.53% return. Over the past 10 years, RLI has underperformed BRO with an annualized return of 10.19%, while BRO has yielded a comparatively higher 15.00% annualized return.
RLI
- 1D
- 3.34%
- 1M
- 16.72%
- 6M
- 8.60%
- YTD
- 0.75%
- 1Y
- -4.95%
- 3Y*
- 1.25%
- 5Y*
- 7.42%
- 10Y*
- 10.19%
BRO
- 1D
- -0.13%
- 1M
- 17.46%
- 6M
- -12.87%
- YTD
- -12.53%
- 1Y
- -32.81%
- 3Y*
- 0.52%
- 5Y*
- 5.97%
- 10Y*
- 15.00%
RLI vs. BRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RLI RLI Corp. | 0.75% | -19.13% | 27.57% | 3.77% | 24.80% | 10.67% | 18.08% | 33.22% | 16.69% | 0.38% |
BRO Brown & Brown, Inc. | -12.53% | -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 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
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 3, 1992 | 0.35 |
Over the past year, RLI and BRO have become more correlated (0.56) than their long-term average of 0.35, meaning their price movements have been converging.
Fundamentals
RLI:
$5.66B
BRO:
$23.51B
RLI:
$4.28
BRO:
$5.13
RLI:
14.38
BRO:
13.51
RLI:
0.65
BRO:
0.99
RLI:
3.74
BRO:
2.41
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.
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.
| RLI | BRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.35 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.81 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | -0.70 | +0.53 |
| Martin ratioReturn relative to average drawdown | -0.39 | -1.15 | +0.76 |
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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 | -29.27% | -47.16% | +17.89% |
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 | -23.95% | -43.69% | +19.74% |
Average DrawdownAverage peak-to-trough decline | -9.90% | -13.63% | +3.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.87% | 28.70% | -15.83% |
Volatility
RLI vs. BRO - Volatility Comparison
The current volatility for RLI Corp. (RLI) is 9.70%, while Brown & Brown, Inc. (BRO) has a volatility of 11.10%. This indicates that RLI experiences smaller price fluctuations and is considered to be less risky 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
| RLI | BRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.70% | 11.10% | -1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 19.44% | 23.89% | -4.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.26% | 30.31% | -6.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.46% | 25.28% | -1.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.66% | 23.87% | +2.79% |
Dividends
RLI vs. BRO - Dividend Comparison
RLI's dividend yield for the trailing twelve months is around 7.57%, more than BRO's 0.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRO Brown & Brown, Inc. | 0.93% | 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. | 7.57% | 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 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRO has higher volatility (11.10%) compared to RLI (9.70%). In terms of maximum drawdown, RLI dropped -43.50% vs BRO's -55.85%.
RLI currently has the higher Sharpe Ratio (-0.20 vs -1.09), 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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