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PGR vs. SOXX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

PGR vs. SOXX - Performance Comparison

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

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Returns By Period

In the year-to-date period, PGR achieves a -0.30% return, which is significantly lower than SOXX's 67.72% return. Over the past 10 years, PGR has underperformed SOXX with an annualized return of 24.10%, while SOXX has yielded a comparatively higher 31.98% annualized return.


PGR

1D
-3.05%
1M
-2.32%
6M
2.51%
YTD
-0.30%
1Y
-6.03%
3Y*
22.81%
5Y*
20.16%
10Y*
24.10%
ALL TIME*
16.86%

SOXX

1D
8.50%
1M
-21.26%
6M
39.86%
YTD
67.72%
1Y
104.43%
3Y*
42.35%
5Y*
28.08%
10Y*
31.98%
ALL TIME*
13.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$583.71M$677.97M$693.40M
$6.15B$5.79B$5.78B

PGR vs. SOXX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PGR
The Progressive Corporation
-0.30%-3.02%51.39%23.16%26.81%10.84%41.48%25.14%9.39%61.59%
SOXX
iShares Semiconductor ETF
67.72%40.74%12.92%67.12%-35.09%44.09%52.72%62.42%-6.49%39.79%

Correlation

The correlation between PGR and SOXX is -0.41, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

-0.41

Correlation (3Y)
Balances recent behavior with more history.

-0.19

Correlation (5Y)
Shows whether the relationship held over a longer period.

-0.02

Correlation (10Y)
Provides a long-term view across more market conditions.

0.13

Correlation (All Time)
Calculated using the full available price history since Jul 13, 2001

0.31

The correlation between PGR and SOXX shifts across timeframes, from -0.41 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

PGR vs. SOXX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PGR
PGR Risk / Return Rank: 3333
Overall Rank
PGR Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
PGR Sortino Ratio Rank: 3030
Sortino Ratio Rank
PGR Omega Ratio Rank: 3030
Omega Ratio Rank
PGR Calmar Ratio Rank: 3535
Calmar Ratio Rank
PGR Martin Ratio Rank: 3636
Martin Ratio Rank

SOXX
SOXX Risk / Return Rank: 8989
Overall Rank
SOXX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
SOXX Sortino Ratio Rank: 8585
Sortino Ratio Rank
SOXX Omega Ratio Rank: 8686
Omega Ratio Rank
SOXX Calmar Ratio Rank: 8989
Calmar Ratio Rank
SOXX Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PGR vs. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and iShares Semiconductor ETF (SOXX). 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.


PGRSOXXDifference
Sharpe ratioReturn per unit of total volatility

-2.60

Sortino ratioReturn per unit of downside risk

-2.86

Omega ratioGain probability vs. loss probability

0.98

1.36

-0.38

Calmar ratioReturn relative to maximum drawdown

-0.31

3.62

-3.93

Martin ratioReturn relative to average drawdown

-0.51

15.58

-16.09

PGR vs. SOXX - Sharpe Ratio Comparison

The current PGR Sharpe Ratio is -0.24, which is lower than the SOXX Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of PGR and SOXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

PGR vs. SOXX - Drawdown Comparison

The maximum PGR drawdown since its inception was -71.06%, roughly equal to the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for PGR and SOXX.


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Drawdown Indicators


PGRSOXXDifference

Max Drawdown

Largest peak-to-trough decline

-71.06%

-70.21%

-0.85%

Max Drawdown (1Y)

Largest decline over 1 year

-19.79%

-29.01%

+9.22%

Max Drawdown (3Y)

Largest decline over 3 years

-30.35%

-41.36%

+11.01%

Max Drawdown (5Y)

Largest decline over 5 years

-30.35%

-45.75%

+15.40%

Max Drawdown (10Y)

Largest decline over 10 years

-30.35%

-45.75%

+15.40%

Current Drawdown

Current decline from peak

-21.95%

-22.97%

+1.02%

Average Drawdown

Average peak-to-trough decline

-14.55%

-19.92%

+5.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.85%

6.75%

+5.10%

Volatility

PGR vs. SOXX - Volatility Comparison

The current volatility for The Progressive Corporation (PGR) is 13.58%, while iShares Semiconductor ETF (SOXX) has a volatility of 18.71%. This indicates that PGR experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PGRSOXXDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.58%

18.71%

-5.13%

Volatility (6M)

Calculated over the trailing 6-month period

20.78%

38.92%

-18.14%

Volatility (1Y)

Calculated over the trailing 1-year period

25.67%

44.48%

-18.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.27%

38.26%

-12.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.85%

34.54%

-9.69%

Dividends

PGR vs. SOXX - Dividend Comparison

PGR's dividend yield for the trailing twelve months is around 6.52%, more than SOXX's 0.29% yield.


PositionTTM20252024202320222021202020192018201720162015
PGR
The Progressive Corporation
6.52%2.15%0.48%0.25%0.31%6.23%2.68%3.89%1.86%1.21%2.50%2.16%
SOXX
iShares Semiconductor ETF
0.29%0.57%0.67%0.78%1.26%0.64%0.81%1.23%1.37%0.90%1.08%1.29%

Frequently Asked Questions


PGR and SOXX have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SOXX has higher volatility (18.71%) compared to PGR (13.58%). In terms of maximum drawdown, PGR dropped -71.06% vs SOXX's -70.21%.

SOXX currently has the higher Sharpe Ratio (2.36 vs -0.24), 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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