COR vs. PGR
COR (Cencora Inc.) and PGR (The Progressive Corporation) are both stocks. COR operates in Medical Distribution (Healthcare), while PGR operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, COR returned 17.47%/yr vs 23.64%/yr for PGR. At a 0.25 correlation, their price movements are largely independent.
Performance
COR vs. PGR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, COR achieves a -16.27% return, which is significantly lower than PGR's -5.09% return. Over the past 10 years, COR has underperformed PGR with an annualized return of 17.47%, while PGR has yielded a comparatively higher 23.64% annualized return.
COR
- 1D
- 0.07%
- 1M
- 10.42%
- YTD
- -16.27%
- 6M
- -18.27%
- 1Y
- -3.81%
- 3Y*
- 17.14%
- 5Y*
- 20.65%
- 10Y*
- 17.47%
PGR
- 1D
- 0.42%
- 1M
- 3.65%
- YTD
- -5.09%
- 6M
- -7.97%
- 1Y
- -19.42%
- 3Y*
- 19.07%
- 5Y*
- 19.40%
- 10Y*
- 23.64%
COR vs. PGR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COR Cencora Inc. | -16.27% | 51.48% | 10.37% | 25.33% | 26.26% | 44.09% | 23.37% | 23.51% | -17.57% | 19.51% |
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 COR and PGR is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 1995 | 0.25 |
The correlation between COR and PGR shifts across timeframes, from 0.12 (1 year) to 0.30 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
COR:
$13.07
PGR:
$19.23
COR:
21.55
PGR:
10.56
COR:
10.24
PGR:
0.08
COR:
0.17
PGR:
1.36
COR:
$328.68B
PGR:
$87.65B
COR:
$11.66B
PGR:
$23.23B
COR:
$3.64B
PGR:
$14.81B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
COR vs. PGR — Risk / Return Rank
COR
PGR
COR vs. PGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cencora Inc. (COR) 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.
| COR | PGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.87 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | -0.80 | +0.68 |
| Martin ratioReturn relative to average drawdown | -0.33 | -1.23 | +0.90 |
Loading charts...
Drawdowns
COR vs. PGR - Drawdown Comparison
The maximum COR drawdown since its inception was -71.01%, roughly equal to the maximum PGR drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for COR and PGR.
Loading charts...
Drawdown Indicators
| COR | PGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.01% | -71.06% | +0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -32.44% | -24.30% | -8.14% |
Max Drawdown (3Y)Largest decline over 3 years | -32.44% | -30.35% | -2.09% |
Max Drawdown (5Y)Largest decline over 5 years | -32.44% | -30.35% | -2.09% |
Max Drawdown (10Y)Largest decline over 10 years | -32.44% | -30.35% | -2.09% |
Current DrawdownCurrent decline from peak | -24.54% | -25.70% | +1.16% |
Average DrawdownAverage peak-to-trough decline | -13.62% | -14.53% | +0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.68% | 15.96% | -4.28% |
Volatility
COR vs. PGR - Volatility Comparison
The current volatility for Cencora Inc. (COR) is 6.51%, while The Progressive Corporation (PGR) has a volatility of 7.54%. This indicates that COR 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.
Loading charts...
Volatility by Period
| COR | PGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 7.54% | -1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 26.93% | 16.87% | +10.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.20% | 22.55% | +7.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.30% | 24.55% | -2.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.48% | 24.48% | +3.00% |
Dividends
COR vs. PGR - Dividend Comparison
COR's dividend yield for the trailing twelve months is around 0.83%, less than PGR's 6.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COR Cencora Inc. | 0.83% | 0.67% | 0.93% | 0.96% | 1.13% | 5.13% | 6.74% | 7.48% | 2.07% | 1.61% | 1.77% | 1.17% |
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% |
Financials
COR vs. PGR - Financials Comparison
This section allows you to compare key financial metrics between Cencora Inc. 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
COR vs. PGR - Profitability Comparison
COR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a gross profit of 3.59B and revenue of 78.36B. Therefore, the gross margin over that period was 4.6%.
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 6.66B and revenue of 22.74B. Therefore, the gross margin over that period was 29.3%.
COR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported an operating income of 1.14B and revenue of 78.36B, resulting in an operating margin of 1.5%.
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 3.68B and revenue of 22.74B, resulting in an operating margin of 16.2%.
COR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a net income of 1.64B and revenue of 78.36B, resulting in a net margin of 2.1%.
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 2.95B and revenue of 22.74B, resulting in a net margin of 13.0%.
Frequently Asked Questions
COR and PGR have a correlation of 0.12, 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 COR (6.51%). In terms of maximum drawdown, COR dropped -71.01% vs PGR's -71.06%.
COR currently has the higher Sharpe Ratio (-0.13 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.
Find the right allocation for COR and PGR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer