Which stocks are most correlated with BRO?

Based on one year of daily returns, the stocks most correlated with Brown & Brown, Inc. (BRO) are AJG (0.81), KBWP (0.76) and KIE (0.72). 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 BRO?

Over the past year, the stocks most inversely correlated with Brown & Brown, Inc. (BRO) are EGGY (-0.49), CHPS (-0.49) and FTXL (-0.48). A negative correlation means the two stocks have tended to move in opposite directions.

Brown & Brown, Inc. (BRO) — Stock Correlations & Overview

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

Stocks correlated with BRO

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

Most correlated with BRO

Symbol	Company	Correlation
AJG	Arthur J. Gallagher & Co.INSURANCE AGENTS, BROKERS & SERVICE	0.81
KBWP	Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE	0.76
KIE	State Street SPDR S&P Insurance ETF	0.72
AON	Aon plc Class AINSURANCE AGENTS, BROKERS & SERVICE	0.71
RYAN	Ryan Specialty Holdings, Inc.INSURANCE AGENTS, BROKERS & SERVICE	0.68

Most inversely correlated with BRO

Symbol	Company	Correlation
EGGY	NestYield Dynamic Income ETF	-0.49
CHPS	Xtrackers Semiconductor Select Equity ETF	-0.49
FTXL	First Trust Nasdaq Semiconductor ETF	-0.48
SOXQ	Invesco PHLX Semiconductor ETFINVESTMENT ADVICE	-0.48
EGGQ	NestYield Visionary ETF	-0.48

Frequently asked questions about BRO correlations

Which stocks are most correlated with BRO?: Based on one year of daily returns, the stocks most correlated with Brown & Brown, Inc. (BRO) are AJG (0.81), KBWP (0.76) and KIE (0.72). 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 BRO?: Over the past year, the stocks most inversely correlated with Brown & Brown, Inc. (BRO) are EGGY (-0.49), CHPS (-0.49) and FTXL (-0.48). 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 BRO correlations calculated?: We compute the correlation of daily returns between BRO 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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