NVGS vs. PGR
NVGS (Navigator Holdings Ltd.) and PGR (The Progressive Corporation) are both stocks. NVGS operates in Oil & Gas Midstream (Energy), while PGR operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, NVGS returned 5.15%/yr vs 22.74%/yr for PGR. At a 0.11 correlation, their price movements are largely independent.
Performance
NVGS vs. PGR - Performance Comparison
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Returns By Period
In the year-to-date period, NVGS achieves a 27.13% return, which is significantly higher than PGR's -9.60% return. Over the past 10 years, NVGS has underperformed PGR with an annualized return of 5.15%, while PGR has yielded a comparatively higher 22.74% annualized return.
NVGS
- 1D
- -1.58%
- 1M
- -0.12%
- YTD
- 27.13%
- 6M
- 23.08%
- 1Y
- 57.37%
- 3Y*
- 19.68%
- 5Y*
- 17.56%
- 10Y*
- 5.15%
PGR
- 1D
- -1.71%
- 1M
- -2.90%
- YTD
- -9.60%
- 6M
- -9.39%
- 1Y
- -28.28%
- 3Y*
- 17.80%
- 5Y*
- 16.61%
- 10Y*
- 22.74%
NVGS vs. PGR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVGS Navigator Holdings Ltd. | 27.13% | 14.44% | 6.79% | 22.52% | 34.84% | -19.00% | -18.71% | 43.30% | -4.57% | 5.91% |
PGR The Progressive Corporation | -9.60% | -3.02% | 51.39% | 23.16% | 26.81% | 10.84% | 41.48% | 25.14% | 9.39% | 61.59% |
Correlation
The correlation between NVGS and PGR is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2007 | 0.11 |
The correlation between NVGS and PGR shifts across timeframes, from -0.06 (1 year) to 0.11 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NVGS:
$1.62
PGR:
$19.23
NVGS:
13.48
PGR:
10.06
NVGS:
0.01
PGR:
0.08
NVGS:
2.54
PGR:
1.30
NVGS:
$576.17M
PGR:
$87.65B
NVGS:
$206.98M
PGR:
$23.23B
NVGS:
$287.24M
PGR:
$14.81B
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Return for Risk
NVGS vs. PGR — Risk / Return Rank
NVGS
PGR
NVGS vs. PGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Navigator Holdings Ltd. (NVGS) 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.
| NVGS | PGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.34 | ||
| Sortino ratioReturn per unit of downside risk | +4.38 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.80 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 3.80 | -1.01 | +4.81 |
| Martin ratioReturn relative to average drawdown | 11.64 | -1.46 | +13.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NVGS | PGR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | -1.28 | +3.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.68 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.93 | -0.83 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.58 | -0.48 |
Drawdowns
NVGS vs. PGR - Drawdown Comparison
The maximum NVGS drawdown since its inception was -87.68%, which is greater than PGR's maximum drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for NVGS and PGR.
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Drawdown Indicators
| NVGS | PGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.68% | -71.06% | -16.62% |
Max Drawdown (1Y)Largest decline over 1 year | -15.15% | -28.14% | +12.99% |
Max Drawdown (3Y)Largest decline over 3 years | -38.88% | -30.35% | -8.53% |
Max Drawdown (5Y)Largest decline over 5 years | -38.88% | -30.35% | -8.53% |
Max Drawdown (10Y)Largest decline over 10 years | -73.33% | -30.35% | -42.98% |
Current DrawdownCurrent decline from peak | -27.72% | -29.23% | +1.51% |
Average DrawdownAverage peak-to-trough decline | -44.04% | -14.53% | -29.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 20.72% | -15.78% |
Volatility
NVGS vs. PGR - Volatility Comparison
Navigator Holdings Ltd. (NVGS) has a higher volatility of 7.54% compared to The Progressive Corporation (PGR) at 5.82%. This indicates that NVGS'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
| NVGS | PGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.54% | 5.82% | +1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 22.07% | 16.25% | +5.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.94% | 22.23% | +5.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.82% | 24.52% | +11.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.69% | 24.43% | +23.26% |
Dividends
NVGS vs. PGR - Dividend Comparison
NVGS's dividend yield for the trailing twelve months is around 1.19%, less than PGR's 7.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVGS Navigator Holdings Ltd. | 1.19% | 1.27% | 1.30% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PGR The Progressive Corporation | 7.18% | 2.15% | 0.48% | 0.25% | 0.31% | 6.23% | 2.68% | 3.89% | 1.86% | 1.21% | 2.50% | 2.16% |
Financials
NVGS vs. PGR - Financials Comparison
This section allows you to compare key financial metrics between Navigator Holdings Ltd. 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
NVGS vs. PGR - Profitability Comparison
NVGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Navigator Holdings Ltd. reported a gross profit of 41.66M and revenue of 140.62M. Therefore, the gross margin over that period was 29.6%.
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%.
NVGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Navigator Holdings Ltd. reported an operating income of 31.41M and revenue of 140.62M, resulting in an operating margin of 22.3%.
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%.
NVGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Navigator Holdings Ltd. reported a net income of 35.46M and revenue of 140.62M, resulting in a net margin of 25.2%.
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
NVGS and PGR have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVGS has higher volatility (7.54%) compared to PGR (5.82%). In terms of maximum drawdown, NVGS dropped -87.68% vs PGR's -71.06%.
NVGS currently has the higher Sharpe Ratio (2.06 vs -1.28), 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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