PGR vs. CHOLAFIN.NS

Last updated Jun 13, 2026

PGR (The Progressive Corporation) and CHOLAFIN.NS (Cholamandalam Investment and Finance Company Limited) are both stocks. Both are in the Financial Services sector — PGR in Insurance - Property & Casualty, CHOLAFIN.NS in Credit Services. Over the past 10 years, PGR returned 23.64%/yr vs 24.54%/yr for CHOLAFIN.NS. At a 0.07 correlation, their price movements are largely independent.

Performance

PGR vs. CHOLAFIN.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Progressive Corporation (PGR) and Cholamandalam Investment and Finance Company Limited (CHOLAFIN.NS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PGR is traded in USD, while CHOLAFIN.NS is traded in INR. To make them comparable, the CHOLAFIN.NS values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PGR achieves a -5.09% return, which is significantly higher than CHOLAFIN.NS's -12.92% return. Both investments have delivered pretty close results over the past 10 years, with PGR having a 23.64% annualized return and CHOLAFIN.NS not far ahead at 24.54%.

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%

CHOLAFIN.NS

• 1D: 7.82%
• 1M: 0.16%
• YTD: -12.92%
• 6M: -13.94%
• 1Y: -10.59%
• 3Y*: 7.33%
• 5Y*: 16.75%
• 10Y*: 24.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PGR vs. CHOLAFIN.NS - 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%
CHOLAFIN.NS Cholamandalam Investment and Finance Company Limited	-12.92%	36.88%	-8.30%	73.77%	25.39%	32.15%	24.43%	31.31%	0.38%	66.96%

Correlation

The correlation between PGR and CHOLAFIN.NS is -0.09, 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	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (5Y) Calculated over the trailing 5-year period	-0.02
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jul 12, 2007	0.07

The correlation between PGR and CHOLAFIN.NS shifts across timeframes, from -0.09 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PGR vs. CHOLAFIN.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PGR

PGR Risk / Return Rank: 11
PGR Sharpe Ratio Rank: 8
PGR Sortino Ratio Rank: 11
PGR Omega Ratio Rank: 12
PGR Calmar Ratio Rank: 12
PGR Martin Ratio Rank: 15

CHOLAFIN.NS

CHOLAFIN.NS Risk / Return Rank: 40
CHOLAFIN.NS Sharpe Ratio Rank: 42
CHOLAFIN.NS Sortino Ratio Rank: 37
CHOLAFIN.NS Omega Ratio Rank: 36
CHOLAFIN.NS Calmar Ratio Rank: 42
CHOLAFIN.NS Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PGR vs. CHOLAFIN.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and Cholamandalam Investment and Finance Company Limited (CHOLAFIN.NS). 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	CHOLAFIN.NS	Difference
Sharpe ratio: Return per unit of total volatility	-0.87	-0.32	-0.55
Sortino ratio: Return per unit of downside risk	-1.13	-0.26	-0.87
Omega ratio: Gain probability vs. loss probability	0.87	0.97	-0.10
Calmar ratio: Return relative to maximum drawdown	-0.80	-0.38	-0.42
Martin ratio: Return relative to average drawdown	-1.23	-0.91	-0.32

PGR vs. CHOLAFIN.NS - Sharpe Ratio Comparison

The current PGR Sharpe Ratio is -0.87, which is lower than the CHOLAFIN.NS Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of PGR and CHOLAFIN.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PGR vs. CHOLAFIN.NS - Drawdown Comparison

The maximum PGR drawdown since its inception was -71.06%, smaller than the maximum CHOLAFIN.NS drawdown of -83.98%. Use the drawdown chart below to compare losses from any high point for PGR and CHOLAFIN.NS.

Drawdown Indicators

	PGR	CHOLAFIN.NS	Difference
Max Drawdown Largest peak-to-trough decline	-71.06%	-83.98%	+12.92%
Max Drawdown (1Y) Largest decline over 1 year	-24.30%	-28.22%	+3.92%
Max Drawdown (3Y) Largest decline over 3 years	-30.35%	-30.67%	+0.32%
Max Drawdown (5Y) Largest decline over 5 years	-30.35%	-30.67%	+0.32%
Max Drawdown (10Y) Largest decline over 10 years	-30.35%	-66.33%	+35.98%
Current Drawdown Current decline from peak	-25.70%	-17.66%	-8.04%
Average Drawdown Average peak-to-trough decline	-14.53%	-16.47%	+1.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.96%	11.81%	+4.15%

Volatility

PGR vs. CHOLAFIN.NS - Volatility Comparison

The current volatility for The Progressive Corporation (PGR) is 7.54%, while Cholamandalam Investment and Finance Company Limited (CHOLAFIN.NS) has a volatility of 12.20%. This indicates that PGR experiences smaller price fluctuations and is considered to be less risky than CHOLAFIN.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PGR	CHOLAFIN.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.54%	12.20%	-4.66%
Volatility (6M) Calculated over the trailing 6-month period	16.87%	27.89%	-11.02%
Volatility (1Y) Calculated over the trailing 1-year period	22.55%	34.20%	-11.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.55%	34.85%	-10.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.48%	41.98%	-17.50%

Dividends

PGR vs. CHOLAFIN.NS - Dividend Comparison

PGR's dividend yield for the trailing twelve months is around 6.84%, more than CHOLAFIN.NS's 0.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHOLAFIN.NS Cholamandalam Investment and Finance Company Limited	0.13%	0.12%	0.17%	0.16%	0.28%	0.38%	0.18%	8.35%	12.90%	10.58%	11.88%	13.63%
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

Frequently Asked Questions

Can I hold both PGR and CHOLAFIN.NS in my portfolio?

PGR and CHOLAFIN.NS have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.