PGR vs. CRDO
PGR (The Progressive Corporation) and CRDO (Credo Technology Group Holding Ltd) are both stocks. PGR operates in Insurance - Property & Casualty (Financial Services), while CRDO operates in Semiconductors (Technology). Over the past 3 years, PGR returned 19.07%/yr vs 142.90%/yr for CRDO. At a correlation of -0.02, they often move in opposite directions.
Performance
PGR vs. CRDO - Performance Comparison
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Returns By Period
In the year-to-date period, PGR achieves a -5.09% return, which is significantly lower than CRDO's 74.31% return.
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%
CRDO
- 1D
- -5.27%
- 1M
- 32.45%
- YTD
- 74.31%
- 6M
- 74.28%
- 1Y
- 237.38%
- 3Y*
- 142.90%
- 5Y*
- —
- 10Y*
- —
PGR vs. CRDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PGR The Progressive Corporation | -5.09% | -3.02% | 51.39% | 23.16% | 20.82% |
CRDO Credo Technology Group Holding Ltd | 74.31% | 114.09% | 245.20% | 46.28% | 10.00% |
Correlation
The correlation between PGR and CRDO is -0.28, 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 | -0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | -0.02 |
Over the past year, the inverse relationship between PGR and CRDO has strengthened: their correlation has moved from -0.02 to -0.28, meaning they now move in opposite directions more often than their long-term average.
Fundamentals
PGR:
$19.23
CRDO:
$2.50
PGR:
10.56
CRDO:
100.50
PGR:
0.08
CRDO:
0.09
PGR:
1.36
CRDO:
35.55
PGR:
$87.65B
CRDO:
$1.34B
PGR:
$23.23B
CRDO:
$908.35M
PGR:
$14.81B
CRDO:
$463.79M
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Return for Risk
PGR vs. CRDO — Risk / Return Rank
PGR
CRDO
PGR vs. CRDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and Credo Technology Group Holding Ltd (CRDO). 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 | CRDO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.66 | ||
| Sortino ratioReturn per unit of downside risk | -4.08 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.35 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 4.46 | -5.26 |
| Martin ratioReturn relative to average drawdown | -1.23 | 10.76 | -11.99 |
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Drawdowns
PGR vs. CRDO - Drawdown Comparison
The maximum PGR drawdown since its inception was -71.06%, which is greater than CRDO's maximum drawdown of -62.04%. Use the drawdown chart below to compare losses from any high point for PGR and CRDO.
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Drawdown Indicators
| PGR | CRDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.06% | -62.04% | -9.02% |
Max Drawdown (1Y)Largest decline over 1 year | -24.30% | -53.59% | +29.29% |
Max Drawdown (3Y)Largest decline over 3 years | -30.35% | -61.05% | +30.70% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -30.35% | — | — |
Current DrawdownCurrent decline from peak | -25.70% | -5.27% | -20.43% |
Average DrawdownAverage peak-to-trough decline | -14.53% | -19.38% | +4.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.96% | 22.17% | -6.21% |
Volatility
PGR vs. CRDO - Volatility Comparison
The current volatility for The Progressive Corporation (PGR) is 7.54%, while Credo Technology Group Holding Ltd (CRDO) has a volatility of 28.41%. This indicates that PGR experiences smaller price fluctuations and is considered to be less risky than CRDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGR | CRDO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.54% | 28.41% | -20.87% |
Volatility (6M)Calculated over the trailing 6-month period | 16.87% | 65.16% | -48.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.55% | 85.70% | -63.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.55% | 81.50% | -56.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.48% | 81.50% | -57.02% |
Dividends
PGR vs. CRDO - Dividend Comparison
PGR's dividend yield for the trailing twelve months is around 6.84%, while CRDO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRDO Credo Technology Group Holding 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. CRDO - Financials Comparison
This section allows you to compare key financial metrics between The Progressive Corporation and Credo Technology Group Holding 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. CRDO - 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%.
CRDO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported a gross profit of 298.07M and revenue of 437.00M. Therefore, the gross margin over that period was 68.2%.
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%.
CRDO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported an operating income of 155.85M and revenue of 437.00M, resulting in an operating margin of 35.7%.
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%.
CRDO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported a net income of 169.10M and revenue of 437.00M, resulting in a net margin of 38.7%.
Frequently Asked Questions
PGR and CRDO have a correlation of -0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRDO has higher volatility (28.41%) compared to PGR (7.54%). In terms of maximum drawdown, PGR dropped -71.06% vs CRDO's -62.04%.
CRDO currently has the higher Sharpe Ratio (2.79 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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