The Progressive Corporation (PGR) Sharpe Ratio: -0.24

PGR's Sharpe Ratio of -0.24 indicates that for each unit of volatility, it generates -0.24 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 31, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

PGR Sharpe Ratio Rank

Below Average

PGR ranks above 34.9% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Returns may not adequately compensate for volatility taken
Consider smaller allocation given below-average risk-adjusted profile
Explore higher-ranked investments with better consistency
Assess whether the volatility profile aligns with your portfolio goals

PGR Sharpe Ratio Market Positioning

The chart shows PGR's Sharpe Ratio relative to all stocks on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): -0.43 or lower
Yellow zone (middle 50%): -0.43 to 0.98
Green zone (top 25%): 0.98 or higher
Top 1%: 4.22+
Median: 0.13 — half of all investments score higher

How it compares to other similar stocks

The table compares The Progressive Corporation's Sharpe Ratio with other stocks in the Insurance - Property & Casualty industry across multiple time periods, showing how PGR's risk-adjusted performance compares to industry peers.

Data shows 1-, 5-, and 10-year periods, plus each stock's all-time average, as of Jul 31, 2026.

Symbol	Name	1Y Sharpe Ratio
UFCS	United Fire Group, Inc.	3.02
UVE	Universal Insurance Holdings, Inc.	2.41
TRV	The Travelers Companies, Inc.	2.31
MCY	Mercury General Corporation	2.03
THG	The Hanover Insurance Group, Inc.	2.01
SMPNY	Sompo Holdings Inc ADR	1.88
L	Loews Corporation	1.79
MSADY	MS&AD Insurance Group Holdings PK	1.73
CB	Chubb Limited	1.72
ALL	The Allstate Corporation	1.65
PGR	The Progressive Corporation	-0.24

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Historical Sharpe Ratio

The chart shows PGR's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PGR consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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How does PGR fit in your portfolio?

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