PAC vs. PGR
PAC (Grupo Aeroportuario del Pacífico, S.A.B. de C.V.) and PGR (The Progressive Corporation) are both stocks. PAC operates in Airports & Air Services (Industrials), while PGR operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, PAC returned 14.11%/yr vs 22.74%/yr for PGR. At a 0.23 correlation, their price movements are largely independent.
Performance
PAC vs. PGR - Performance Comparison
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Returns By Period
In the year-to-date period, PAC achieves a -8.69% return, which is significantly higher than PGR's -9.60% return. Over the past 10 years, PAC has underperformed PGR with an annualized return of 14.11%, while PGR has yielded a comparatively higher 22.74% annualized return.
PAC
- 1D
- 0.28%
- 1M
- -2.25%
- YTD
- -8.69%
- 6M
- 4.01%
- 1Y
- 7.01%
- 3Y*
- 15.42%
- 5Y*
- 23.28%
- 10Y*
- 14.11%
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%
PAC vs. PGR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | -8.69% | 56.30% | 4.19% | 28.64% | 9.79% | 29.95% | -6.17% | 54.36% | -15.66% | 32.15% |
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 PAC and PGR is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2006 | 0.23 |
Over the past year, the correlation between PAC and PGR has dropped to 0.02 - well below their long-term average of 0.23, suggesting their price drivers have been diverging.
Fundamentals
PAC:
$214.01
PGR:
$19.23
PAC:
1.12
PGR:
10.06
PAC:
0.07
PGR:
0.08
PAC:
0.37
PGR:
1.30
PAC:
$32.84B
PGR:
$87.65B
PAC:
$10.93B
PGR:
$23.23B
PAC:
$20.54B
PGR:
$14.81B
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Return for Risk
PAC vs. PGR — Risk / Return Rank
PAC
PGR
PAC vs. PGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) 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.
| PAC | PGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.80 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.28 | -1.01 | +1.29 |
| Martin ratioReturn relative to average drawdown | 0.60 | -1.46 | +2.06 |
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
| PAC | PGR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | -1.28 | +1.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.68 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.93 | -0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.58 | -0.11 |
Drawdowns
PAC vs. PGR - Drawdown Comparison
The maximum PAC drawdown since its inception was -73.20%, roughly equal to the maximum PGR drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for PAC and PGR.
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Drawdown Indicators
| PAC | PGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.20% | -71.06% | -2.14% |
Max Drawdown (1Y)Largest decline over 1 year | -25.31% | -28.14% | +2.83% |
Max Drawdown (3Y)Largest decline over 3 years | -42.83% | -30.35% | -12.48% |
Max Drawdown (5Y)Largest decline over 5 years | -42.83% | -30.35% | -12.48% |
Max Drawdown (10Y)Largest decline over 10 years | -66.65% | -30.35% | -36.30% |
Current DrawdownCurrent decline from peak | -19.87% | -29.23% | +9.36% |
Average DrawdownAverage peak-to-trough decline | -16.51% | -14.53% | -1.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.73% | 20.72% | -8.99% |
Volatility
PAC vs. PGR - Volatility Comparison
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) has a higher volatility of 8.13% compared to The Progressive Corporation (PGR) at 5.82%. This indicates that PAC'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
| PAC | PGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.13% | 5.82% | +2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 25.50% | 16.25% | +9.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.35% | 22.23% | +8.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.05% | 24.52% | +11.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.47% | 24.43% | +14.04% |
Dividends
PAC vs. PGR - Dividend Comparison
PAC's dividend yield for the trailing twelve months is around 1.86%, less than PGR's 7.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | 1.86% | 3.33% | 4.14% | 4.88% | 5.02% | 4.17% | 0.00% | 4.99% | 6.27% | 5.83% | 4.50% | 3.98% |
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
PAC vs. PGR - Financials Comparison
This section allows you to compare key financial metrics between Grupo Aeroportuario del Pacífico, S.A.B. de C.V. 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
PAC vs. PGR - Profitability Comparison
PAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported a gross profit of 6.29B and revenue of 11.37B. Therefore, the gross margin over that period was 55.3%.
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%.
PAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported an operating income of 5.04B and revenue of 11.37B, resulting in an operating margin of 44.4%.
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%.
PAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported a net income of 3.31B and revenue of 11.37B, resulting in a net margin of 29.1%.
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
PAC and PGR have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PAC has higher volatility (8.13%) compared to PGR (5.82%). In terms of maximum drawdown, PAC dropped -73.20% vs PGR's -71.06%.
PAC currently has the higher Sharpe Ratio (0.23 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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