BSV vs. PGR
BSV (Vanguard Short-Term Bond Index Fund ETF Shares) is Short-Term Bond fund tracking the Bloomberg U.S. 1–5 Year Government/Credit Float Adjusted Index, while PGR (The Progressive Corporation) is a stock. Over the past 10 years, BSV returned 1.94%/yr vs 23.64%/yr for PGR. At a correlation of -0.13, they often move in opposite directions.
Performance
BSV vs. PGR - Performance Comparison
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Returns By Period
In the year-to-date period, BSV achieves a 0.42% return, which is significantly higher than PGR's -5.09% return. Over the past 10 years, BSV has underperformed PGR with an annualized return of 1.94%, while PGR has yielded a comparatively higher 23.64% annualized return.
BSV
- 1D
- 0.00%
- 1M
- 0.41%
- YTD
- 0.42%
- 6M
- 0.75%
- 1Y
- 3.67%
- 3Y*
- 4.57%
- 5Y*
- 1.63%
- 10Y*
- 1.94%
PGR
- 1D
- 0.42%
- 1M
- 1.69%
- YTD
- -5.09%
- 6M
- -7.97%
- 1Y
- -19.25%
- 3Y*
- 19.07%
- 5Y*
- 19.40%
- 10Y*
- 23.64%
BSV vs. PGR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSV Vanguard Short-Term Bond Index Fund ETF Shares | 0.42% | 6.00% | 3.78% | 4.90% | -5.49% | -1.09% | 4.70% | 4.98% | 1.34% | 1.20% |
PGR The Progressive Corporation | -5.09% | -3.02% | 51.39% | 23.16% | 26.81% | 10.84% | 41.48% | 25.14% | 9.39% | 61.59% |
Correlation
The correlation between BSV and PGR is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2007 | -0.13 |
The correlation between BSV and PGR shifts across timeframes, from -0.13 (all time) to -0.03 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BSV vs. PGR — Risk / Return Rank
BSV
PGR
BSV vs. PGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Bond Index Fund ETF Shares (BSV) 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.
| BSV | PGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.88 | ||
| Sortino ratioReturn per unit of downside risk | +4.36 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 0.87 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | -0.80 | +3.59 |
| Martin ratioReturn relative to average drawdown | 9.42 | -1.23 | +10.65 |
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Drawdowns
BSV vs. PGR - Drawdown Comparison
The maximum BSV drawdown since its inception was -8.54%, smaller than the maximum PGR drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for BSV and PGR.
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Drawdown Indicators
| BSV | PGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.54% | -71.06% | +62.52% |
Max Drawdown (1Y)Largest decline over 1 year | -1.29% | -24.30% | +23.01% |
Max Drawdown (3Y)Largest decline over 3 years | -1.53% | -30.35% | +28.82% |
Max Drawdown (5Y)Largest decline over 5 years | -8.54% | -30.35% | +21.81% |
Max Drawdown (10Y)Largest decline over 10 years | -8.54% | -30.35% | +21.81% |
Current DrawdownCurrent decline from peak | -0.50% | -25.70% | +25.20% |
Average DrawdownAverage peak-to-trough decline | -0.97% | -14.53% | +13.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.38% | 15.96% | -15.58% |
Volatility
BSV vs. PGR - Volatility Comparison
The current volatility for Vanguard Short-Term Bond Index Fund ETF Shares (BSV) is 0.57%, while The Progressive Corporation (PGR) has a volatility of 7.54%. This indicates that BSV experiences smaller price fluctuations and is considered to be less risky 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
| BSV | PGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.57% | 7.54% | -6.97% |
Volatility (6M)Calculated over the trailing 6-month period | 1.28% | 16.87% | -15.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.79% | 22.55% | -20.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.73% | 24.55% | -21.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.38% | 24.48% | -22.10% |
Dividends
BSV vs. PGR - Dividend Comparison
BSV's dividend yield for the trailing twelve months is around 3.99%, less than PGR's 6.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSV Vanguard Short-Term Bond Index Fund ETF Shares | 3.99% | 3.83% | 3.38% | 2.46% | 1.50% | 1.45% | 1.79% | 2.29% | 1.99% | 1.65% | 1.48% | 1.40% |
PGR The Progressive Corporation | 6.84% | 2.15% | 0.48% | 0.25% | 0.31% | 6.23% | 2.68% | 3.89% | 1.86% | 1.21% | 2.50% | 2.16% |
Frequently Asked Questions
BSV and PGR have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGR has higher volatility (7.54%) compared to BSV (0.57%). In terms of maximum drawdown, BSV dropped -8.54% vs PGR's -71.06%.
BSV currently has the higher Sharpe Ratio (2.01 vs -0.87), 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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