ALL vs. PGR
ALL (The Allstate Corporation) and PGR (The Progressive Corporation) are both stocks. Both operate in the Insurance - Property & Casualty industry within the Financial Services sector. Over the past 10 years, ALL returned 15.85%/yr vs 24.55%/yr for PGR. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
ALL vs. PGR - Performance Comparison
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Returns By Period
In the year-to-date period, ALL achieves a 12.39% return, which is significantly higher than PGR's 0.79% return. Over the past 10 years, ALL has underperformed PGR with an annualized return of 15.85%, while PGR has yielded a comparatively higher 24.55% annualized return.
ALL
- 1D
- 4.04%
- 1M
- 7.47%
- YTD
- 12.39%
- 6M
- 11.64%
- 1Y
- 19.10%
- 3Y*
- 31.98%
- 5Y*
- 15.16%
- 10Y*
- 15.85%
PGR
- 1D
- 4.01%
- 1M
- 8.11%
- YTD
- 0.79%
- 6M
- 0.71%
- 1Y
- -13.77%
- 3Y*
- 21.14%
- 5Y*
- 20.31%
- 10Y*
- 24.55%
ALL vs. PGR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALL The Allstate Corporation | 12.39% | 10.09% | 40.61% | 6.37% | 18.37% | 9.86% | -0.12% | 38.82% | -19.52% | 43.64% |
PGR The Progressive Corporation | 0.79% | -3.02% | 51.39% | 23.16% | 26.81% | 10.84% | 41.48% | 25.14% | 9.39% | 61.59% |
Correlation
The correlation between ALL and PGR is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 1993 | 0.55 |
The correlation between ALL and PGR shifts across timeframes, from 0.55 (all time) to 0.71 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ALL:
$45.76
PGR:
$19.67
ALL:
5.06
PGR:
10.97
ALL:
0.14
PGR:
0.08
ALL:
0.92
PGR:
1.42
ALL:
$67.14B
PGR:
$89.43B
ALL:
$19.06B
PGR:
$25.44B
ALL:
$13.09B
PGR:
$15.15B
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Return for Risk
ALL vs. PGR — Risk / Return Rank
ALL
PGR
ALL vs. PGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Allstate Corporation (ALL) and The Progressive Corporation (PGR). 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.
| ALL | PGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.96 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.91 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | -0.58 | +2.25 |
| Martin ratioReturn relative to average drawdown | 4.32 | -0.88 | +5.19 |
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Drawdowns
ALL vs. PGR - Drawdown Comparison
The maximum ALL drawdown since its inception was -77.03%, which is greater than PGR's maximum drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for ALL and PGR.
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Drawdown Indicators
| ALL | PGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.03% | -71.06% | -5.97% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -24.02% | +12.54% |
Max Drawdown (3Y)Largest decline over 3 years | -14.11% | -30.35% | +16.24% |
Max Drawdown (5Y)Largest decline over 5 years | -27.35% | -30.35% | +3.00% |
Max Drawdown (10Y)Largest decline over 10 years | -41.39% | -30.35% | -11.04% |
Current DrawdownCurrent decline from peak | 0.00% | -21.10% | +21.10% |
Average DrawdownAverage peak-to-trough decline | -16.42% | -14.54% | -1.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 15.74% | -11.30% |
Volatility
ALL vs. PGR - Volatility Comparison
The Allstate Corporation (ALL) has a higher volatility of 8.51% compared to The Progressive Corporation (PGR) at 7.85%. This indicates that ALL's price experiences larger fluctuations and is considered to be riskier than PGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALL | PGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 7.85% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 17.23% | 16.67% | +0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.93% | 22.77% | +1.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.44% | 24.60% | +0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.98% | 24.51% | +0.47% |
Dividends
ALL vs. PGR - Dividend Comparison
ALL's dividend yield for the trailing twelve months is around 1.80%, less than PGR's 6.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALL The Allstate Corporation | 1.80% | 1.92% | 1.91% | 2.54% | 2.51% | 2.75% | 1.96% | 1.78% | 2.23% | 1.41% | 1.78% | 1.93% |
PGR The Progressive Corporation | 6.44% | 2.15% | 0.48% | 0.25% | 0.31% | 6.23% | 2.68% | 3.89% | 1.86% | 1.21% | 2.50% | 2.16% |
Financials
ALL vs. PGR - Financials Comparison
This section allows you to compare key financial metrics between The Allstate Corporation and The Progressive Corporation. 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
ALL vs. PGR - Profitability Comparison
ALL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Allstate Corporation reported a gross profit of 0.00 and revenue of 16.94B. Therefore, the gross margin over that period was 0.0%.
PGR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Progressive Corporation reported a gross profit of 8.35B and revenue of 22.18B. Therefore, the gross margin over that period was 37.7%.
ALL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Allstate Corporation reported an operating income of 0.00 and revenue of 16.94B, resulting in an operating margin of 0.0%.
PGR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Progressive Corporation reported an operating income of 3.57B and revenue of 22.18B, resulting in an operating margin of 16.1%.
ALL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Allstate Corporation reported a net income of 2.46B and revenue of 16.94B, resulting in a net margin of 14.5%.
PGR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Progressive Corporation reported a net income of 2.82B and revenue of 22.18B, resulting in a net margin of 12.7%.
Frequently Asked Questions
ALL and PGR have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALL has higher volatility (8.51%) compared to PGR (7.85%). In terms of maximum drawdown, ALL dropped -77.03% vs PGR's -71.06%.
ALL currently has the higher Sharpe Ratio (0.80 vs -0.61), 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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