PGR vs. INDIGO.NS
PGR (The Progressive Corporation) and INDIGO.NS (InterGlobe Aviation Limited) are both stocks. PGR operates in Insurance - Property & Casualty (Financial Services), while INDIGO.NS operates in Airlines (Industrials). Over the past 10 years, PGR returned 23.64%/yr vs 13.53%/yr for INDIGO.NS. At a 0.03 correlation, their price movements are largely independent.
Performance
PGR vs. INDIGO.NS - Performance Comparison
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Different Trading Currencies
PGR is traded in USD, while INDIGO.NS is traded in INR. To make them comparable, the INDIGO.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 INDIGO.NS's -12.08% return. Over the past 10 years, PGR has outperformed INDIGO.NS with an annualized return of 23.64%, while INDIGO.NS has yielded a comparatively lower 13.53% annualized 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%
INDIGO.NS
- 1D
- 4.64%
- 1M
- 11.30%
- YTD
- -12.08%
- 6M
- -7.77%
- 1Y
- -22.41%
- 3Y*
- 20.37%
- 5Y*
- 15.18%
- 10Y*
- 13.53%
PGR vs. INDIGO.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% |
INDIGO.NS InterGlobe Aviation Limited | -12.08% | 5.98% | 49.27% | 47.03% | -10.44% | 14.76% | 26.43% | 11.94% | -10.86% | 60.39% |
Correlation
The correlation between PGR and INDIGO.NS is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2015 | 0.03 |
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Return for Risk
PGR vs. INDIGO.NS — Risk / Return Rank
PGR
INDIGO.NS
PGR vs. INDIGO.NS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and InterGlobe Aviation Limited (INDIGO.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 | INDIGO.NS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.90 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | -0.56 | -0.24 |
| Martin ratioReturn relative to average drawdown | -1.23 | -1.05 | -0.18 |
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Drawdowns
PGR vs. INDIGO.NS - Drawdown Comparison
The maximum PGR drawdown since its inception was -71.06%, which is greater than INDIGO.NS's maximum drawdown of -58.03%. Use the drawdown chart below to compare losses from any high point for PGR and INDIGO.NS.
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Drawdown Indicators
| PGR | INDIGO.NS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.06% | -58.03% | -13.03% |
Max Drawdown (1Y)Largest decline over 1 year | -24.30% | -40.87% | +16.57% |
Max Drawdown (3Y)Largest decline over 3 years | -30.35% | -40.87% | +10.52% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | -40.87% | +10.52% |
Max Drawdown (10Y)Largest decline over 10 years | -30.35% | -58.03% | +27.68% |
Current DrawdownCurrent decline from peak | -25.70% | -30.01% | +4.31% |
Average DrawdownAverage peak-to-trough decline | -14.53% | -19.12% | +4.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.96% | 21.57% | -5.61% |
Volatility
PGR vs. INDIGO.NS - Volatility Comparison
The current volatility for The Progressive Corporation (PGR) is 7.54%, while InterGlobe Aviation Limited (INDIGO.NS) has a volatility of 9.29%. This indicates that PGR experiences smaller price fluctuations and is considered to be less risky than INDIGO.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGR | INDIGO.NS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.54% | 9.29% | -1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 16.87% | 29.93% | -13.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.55% | 34.57% | -12.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.55% | 32.95% | -8.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.48% | 36.52% | -12.04% |
Dividends
PGR vs. INDIGO.NS - Dividend Comparison
PGR's dividend yield for the trailing twelve months is around 6.84%, more than INDIGO.NS's 0.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDIGO.NS InterGlobe Aviation Limited | 0.21% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 0.51% | 2.82% | 1.83% | 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. INDIGO.NS - Financials Comparison
This section allows you to compare key financial metrics between The Progressive Corporation and InterGlobe Aviation Limited. 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
Frequently Asked Questions
PGR and INDIGO.NS have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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