Arthur J. Gallagher & Co. (AJG) — Stock Correlations & Overview

Over the past year, AJG has moved most closely with BRO, KBWP, AON. Explore the stocks most correlated and inversely correlated with AJG below, along with its price, financials, and company profile.

Stocks correlated with AJG

Correlation of daily returns. Higher positive values move with AJG; negative values move opposite it. Informational only, not investment advice.

Most correlated with AJG

SymbolCompanyCorrelation
BROBrown & Brown, Inc.INSURANCE AGENTS, BROKERS & SERVICE0.81
KBWPInvesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE0.75
AONAon plc Class AINSURANCE AGENTS, BROKERS & SERVICE0.73
WTWWillis Towers Watson Public Limited Company Ordinary SharesINSURANCE AGENTS, BROKERS & SERVICE0.69
KIEState Street SPDR S&P Insurance ETF0.68

Most inversely correlated with AJG

SymbolCompanyCorrelation
EGGYNestYield Dynamic Income ETF-0.46
USDProShares Ultra Semiconductors-0.44
SOXQInvesco PHLX Semiconductor ETFINVESTMENT ADVICE-0.43
PSIInvesco Semiconductors ETF-0.43
EGGQNestYield Visionary ETF-0.43

Frequently asked questions about AJG correlations

Which stocks are most correlated with AJG?
Based on one year of daily returns, the stocks most correlated with Arthur J. Gallagher & Co. (AJG) are BRO (0.81), KBWP (0.75) and AON (0.73). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with AJG?
Over the past year, the stocks most inversely correlated with Arthur J. Gallagher & Co. (AJG) are EGGY (-0.46), USD (-0.44) and SOXQ (-0.43). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?
Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these AJG correlations calculated?
We compute the correlation of daily returns between AJG and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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