PGR vs. BTC-USD
PGR (The Progressive Corporation) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, PGR returned 23.84%/yr vs 58.67%/yr for BTC-USD. At a 0.01 correlation, their price movements are largely independent.
Performance
PGR vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, PGR achieves a -4.27% return, which is significantly higher than BTC-USD's -27.06% return. Over the past 10 years, PGR has underperformed BTC-USD with an annualized return of 23.84%, while BTC-USD has yielded a comparatively higher 58.67% annualized return.
PGR
- 1D
- 0.22%
- 1M
- 2.69%
- YTD
- -4.27%
- 6M
- -2.80%
- 1Y
- -16.73%
- 3Y*
- 19.92%
- 5Y*
- 19.94%
- 10Y*
- 23.84%
BTC-USD
- 1D
- -0.63%
- 1M
- -15.41%
- YTD
- -27.06%
- 6M
- -28.00%
- 1Y
- -37.53%
- 3Y*
- 28.77%
- 5Y*
- 14.42%
- 10Y*
- 58.67%
PGR vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGR The Progressive Corporation | -4.27% | -3.02% | 51.39% | 23.16% | 26.81% | 10.84% | 41.48% | 25.14% | 9.39% | 61.59% |
BTC-USD Bitcoin | -27.06% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between PGR and BTC-USD is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2012 | 0.01 |
The correlation between PGR and BTC-USD shifts across timeframes, from -0.07 (1 year) to 0.04 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
PGR vs. BTC-USD — Risk / Return Rank
PGR
BTC-USD
PGR vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and Bitcoin (BTC-USD). 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.
| PGR | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.88 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | -0.73 | +0.06 |
| Martin ratioReturn relative to average drawdown | -1.03 | -1.24 | +0.21 |
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Drawdowns
PGR vs. BTC-USD - Drawdown Comparison
The maximum PGR drawdown since its inception was -71.06%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for PGR and BTC-USD.
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Drawdown Indicators
| PGR | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.06% | -85.30% | +14.24% |
Max Drawdown (1Y)Largest decline over 1 year | -24.02% | -51.21% | +27.19% |
Max Drawdown (3Y)Largest decline over 3 years | -30.35% | -51.21% | +20.86% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | -76.67% | +46.32% |
Max Drawdown (10Y)Largest decline over 10 years | -30.35% | -83.80% | +53.45% |
Current DrawdownCurrent decline from peak | -25.06% | -48.83% | +23.77% |
Average DrawdownAverage peak-to-trough decline | -14.54% | -42.43% | +27.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.68% | 31.44% | -15.76% |
Volatility
PGR vs. BTC-USD - Volatility Comparison
The current volatility for The Progressive Corporation (PGR) is 7.10%, while Bitcoin (BTC-USD) has a volatility of 12.28%. This indicates that PGR experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGR | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | 12.28% | -5.18% |
Volatility (6M)Calculated over the trailing 6-month period | 16.30% | 34.51% | -18.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.47% | 35.67% | -13.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.55% | 44.29% | -19.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.48% | 56.44% | -31.96% |
Frequently Asked Questions
PGR and BTC-USD have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (12.28%) compared to PGR (7.10%). In terms of maximum drawdown, PGR dropped -71.06% vs BTC-USD's -85.30%.
PGR currently has the higher Sharpe Ratio (-0.73 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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