PGR vs. CHKP
PGR (The Progressive Corporation) and CHKP (Check Point Software Technologies Ltd.) are both stocks. PGR operates in Insurance - Property & Casualty (Financial Services), while CHKP operates in Software - Infrastructure (Technology). Over the past 10 years, PGR returned 23.64%/yr vs 3.94%/yr for CHKP. At a 0.25 correlation, their price movements are largely independent.
Performance
PGR vs. CHKP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PGR achieves a -5.09% return, which is significantly higher than CHKP's -33.14% return. Over the past 10 years, PGR has outperformed CHKP with an annualized return of 23.64%, while CHKP has yielded a comparatively lower 3.94% annualized return.
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%
CHKP
- 1D
- 0.76%
- 1M
- 0.02%
- YTD
- -33.14%
- 6M
- -35.43%
- 1Y
- -43.33%
- 3Y*
- -0.75%
- 5Y*
- 0.56%
- 10Y*
- 3.94%
PGR vs. CHKP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGR The Progressive Corporation | -5.09% | -3.02% | 51.39% | 23.16% | 26.81% | 10.84% | 41.48% | 25.14% | 9.39% | 61.59% |
CHKP Check Point Software Technologies Ltd. | -33.14% | -0.61% | 22.19% | 21.11% | 8.24% | -12.30% | 19.78% | 8.10% | -0.94% | 22.69% |
Correlation
The correlation between PGR and CHKP is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 1996 | 0.25 |
Fundamentals
PGR:
$19.23
CHKP:
$9.74
PGR:
10.56
CHKP:
12.74
PGR:
0.08
CHKP:
0.98
PGR:
1.36
CHKP:
4.89
PGR:
$87.65B
CHKP:
$2.76B
PGR:
$23.23B
CHKP:
$2.34B
PGR:
$14.81B
CHKP:
$965.90M
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
PGR vs. CHKP — Risk / Return Rank
PGR
CHKP
PGR vs. CHKP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and Check Point Software Technologies Ltd. (CHKP). 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 | CHKP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.77 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | -0.87 | +0.06 |
| Martin ratioReturn relative to average drawdown | -1.23 | -1.68 | +0.45 |
Loading charts...
Drawdowns
PGR vs. CHKP - Drawdown Comparison
The maximum PGR drawdown since its inception was -71.06%, smaller than the maximum CHKP drawdown of -89.31%. Use the drawdown chart below to compare losses from any high point for PGR and CHKP.
Loading charts...
Drawdown Indicators
| PGR | CHKP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.06% | -89.31% | +18.25% |
Max Drawdown (1Y)Largest decline over 1 year | -24.30% | -51.36% | +27.06% |
Max Drawdown (3Y)Largest decline over 3 years | -30.35% | -51.83% | +21.48% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | -51.83% | +21.48% |
Max Drawdown (10Y)Largest decline over 10 years | -30.35% | -51.83% | +21.48% |
Current DrawdownCurrent decline from peak | -25.70% | -46.86% | +21.16% |
Average DrawdownAverage peak-to-trough decline | -14.53% | -41.57% | +27.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.96% | 26.43% | -10.47% |
Volatility
PGR vs. CHKP - Volatility Comparison
The current volatility for The Progressive Corporation (PGR) is 7.54%, while Check Point Software Technologies Ltd. (CHKP) has a volatility of 11.10%. This indicates that PGR experiences smaller price fluctuations and is considered to be less risky than CHKP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PGR | CHKP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.54% | 11.10% | -3.56% |
Volatility (6M)Calculated over the trailing 6-month period | 16.87% | 32.51% | -15.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.55% | 38.10% | -15.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.55% | 27.67% | -3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.48% | 26.09% | -1.61% |
Dividends
PGR vs. CHKP - Dividend Comparison
PGR's dividend yield for the trailing twelve months is around 6.84%, while CHKP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHKP Check Point Software Technologies Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
PGR vs. CHKP - Financials Comparison
This section allows you to compare key financial metrics between The Progressive Corporation and Check Point Software Technologies Ltd.. 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
PGR vs. CHKP - Profitability Comparison
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%.
CHKP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Check Point Software Technologies Ltd. reported a gross profit of 568.30M and revenue of 668.40M. Therefore, the gross margin over that period was 85.0%.
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%.
CHKP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Check Point Software Technologies Ltd. reported an operating income of 185.10M and revenue of 668.40M, resulting in an operating margin of 27.7%.
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%.
CHKP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Check Point Software Technologies Ltd. reported a net income of 191.60M and revenue of 668.40M, resulting in a net margin of 28.7%.
Frequently Asked Questions
PGR and CHKP have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHKP has higher volatility (11.10%) compared to PGR (7.54%). In terms of maximum drawdown, PGR dropped -71.06% vs CHKP's -89.31%.
PGR currently has the higher Sharpe Ratio (-0.87 vs -1.17), 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 PGR and CHKP
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