PGR vs. CHPS

Last updated Jun 5, 2026

PGR (The Progressive Corporation) is a stock, while CHPS (Xtrackers Semiconductor Select Equity ETF) is Semiconductors fund tracking the Solactive Semiconductor ESG Screened Index. Over the past year, PGR returned -26.26% vs 211.40% for CHPS. At a correlation of -0.16, they often move in opposite directions.

Performance

PGR vs. CHPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Progressive Corporation (PGR) and Xtrackers Semiconductor Select Equity ETF (CHPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PGR achieves a -8.70% return, which is significantly lower than CHPS's 103.69% return.

PGR

• 1D: 0.99%
• 1M: -1.19%
• YTD: -8.70%
• 6M: -8.45%
• 1Y: -26.26%
• 3Y*: 18.34%
• 5Y*: 16.84%
• 10Y*: 22.91%

CHPS

• 1D: -2.06%
• 1M: 23.46%
• YTD: 103.69%
• 6M: 107.58%
• 1Y: 211.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PGR vs. CHPS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PGR The Progressive Corporation	-8.70%	-3.02%	51.39%	38.87%
CHPS Xtrackers Semiconductor Select Equity ETF	103.69%	58.47%	7.75%	10.88%

Correlation

The correlation between PGR and CHPS is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.29
Correlation (All Time) Calculated using the full available price history since Jul 14, 2023	-0.16

The correlation between PGR and CHPS shifts across timeframes, from -0.29 (1 year) to -0.16 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PGR vs. CHPS — Risk / Return Rank

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

PGR

PGR Risk / Return Rank: 5
PGR Sharpe Ratio Rank: 2
PGR Sortino Ratio Rank: 5
PGR Omega Ratio Rank: 6
PGR Calmar Ratio Rank: 4
PGR Martin Ratio Rank: 9

CHPS

CHPS Risk / Return Rank: 97
CHPS Sharpe Ratio Rank: 98
CHPS Sortino Ratio Rank: 96
CHPS Omega Ratio Rank: 96
CHPS Calmar Ratio Rank: 97
CHPS Martin Ratio Rank: 97

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. CHPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and Xtrackers Semiconductor Select Equity ETF (CHPS). 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.

	PGR	CHPS	Difference
Sharpe ratio: Return per unit of total volatility	-1.19	6.17	-7.36
Sortino ratio: Return per unit of downside risk	-1.63	5.85	-7.48
Omega ratio: Gain probability vs. loss probability	0.81	1.78	-0.96
Calmar ratio: Return relative to maximum drawdown	-0.95	12.16	-13.12
Martin ratio: Return relative to average drawdown	-1.39	47.22	-48.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PGR vs. CHPS - Sharpe Ratio Comparison

The current PGR Sharpe Ratio is -1.19, which is lower than the CHPS Sharpe Ratio of 6.17. The chart below compares the historical Sharpe Ratios of PGR and CHPS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PGR	CHPS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.19	6.17	-7.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.94	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	1.77	-1.19

Drawdowns

PGR vs. CHPS - Drawdown Comparison

The maximum PGR drawdown since its inception was -71.06%, which is greater than CHPS's maximum drawdown of -39.44%. Use the drawdown chart below to compare losses from any high point for PGR and CHPS.

Drawdown Indicators

	PGR	CHPS	Difference
Max Drawdown Largest peak-to-trough decline	-71.06%	-39.44%	-31.62%
Max Drawdown (1Y) Largest decline over 1 year	-27.64%	-17.50%	-10.14%
Max Drawdown (3Y) Largest decline over 3 years	-30.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.35%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.35%	—	—
Current Drawdown Current decline from peak	-28.53%	-2.06%	-26.47%
Average Drawdown Average peak-to-trough decline	-14.53%	-9.15%	-5.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.45%	4.50%	+14.95%

Volatility

PGR vs. CHPS - Volatility Comparison

The current volatility for The Progressive Corporation (PGR) is 5.89%, while Xtrackers Semiconductor Select Equity ETF (CHPS) has a volatility of 14.07%. This indicates that PGR experiences smaller price fluctuations and is considered to be less risky than CHPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PGR	CHPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	14.07%	-8.18%
Volatility (6M) Calculated over the trailing 6-month period	16.28%	28.29%	-12.01%
Volatility (1Y) Calculated over the trailing 1-year period	22.26%	34.50%	-12.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.52%	33.78%	-9.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.43%	33.78%	-9.35%

Dividends

PGR vs. CHPS - Dividend Comparison

PGR's dividend yield for the trailing twelve months is around 7.11%, more than CHPS's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHPS Xtrackers Semiconductor Select Equity ETF	0.33%	0.68%	1.75%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PGR The Progressive Corporation	7.11%	2.15%	0.48%	0.25%	0.31%	6.23%	2.68%	3.89%	1.86%	1.21%	2.50%	2.16%

Frequently Asked Questions

Can I hold both PGR and CHPS in my portfolio?

PGR and CHPS have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PGR or CHPS?

CHPS has higher volatility (14.07%) compared to PGR (5.89%). In terms of maximum drawdown, PGR dropped -71.06% vs CHPS's -39.44%.

Which has better risk-adjusted returns?

CHPS currently has the higher Sharpe Ratio (6.17 vs -1.19), 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.