PGRO vs. PGR
Compare and contrast key facts about Putnam Focused Large Cap Growth ETF (PGRO) and The Progressive Corporation (PGR).
PGRO is an actively managed fund by Power Corporation of Canada. It was launched on May 25, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGRO or PGR.
Key characteristics
| PGRO | PGR | |
|---|---|---|
| YTD Return | 8.45% | 31.96% |
| 1Y Return | 36.40% | 68.33% |
| Sharpe Ratio | 2.22 | 2.40 |
| Daily Std Dev | 16.02% | 26.64% |
| Max Drawdown | -34.73% | -71.06% |
| Current Drawdown | -4.98% | -2.64% |
Correlation
The correlation between PGRO and PGR is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PGRO vs. PGR - Performance Comparison
In the year-to-date period, PGRO achieves a 8.45% return, which is significantly lower than PGR's 31.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
PGRO vs. PGR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Focused Large Cap Growth ETF (PGRO) and The Progressive Corporation (PGR). 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.
Dividends
PGRO vs. PGR - Dividend Comparison
PGRO's dividend yield for the trailing twelve months is around 0.17%, less than PGR's 0.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGRO Putnam Focused Large Cap Growth ETF | 0.17% | 0.19% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PGR The Progressive Corporation | 0.55% | 0.25% | 0.31% | 6.23% | 2.68% | 3.87% | 1.86% | 1.21% | 2.50% | 2.16% | 5.53% | 1.05% |
Drawdowns
PGRO vs. PGR - Drawdown Comparison
The maximum PGRO drawdown since its inception was -34.73%, smaller than the maximum PGR drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for PGRO and PGR. For additional features, visit the drawdowns tool.
Volatility
PGRO vs. PGR - Volatility Comparison
Putnam Focused Large Cap Growth ETF (PGRO) and The Progressive Corporation (PGR) have volatilities of 5.60% and 5.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.