PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PRA vs. RPV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PRA vs. RPV

Last updated Jul 14, 2026
Documentation

PRA (ProAssurance Corporation) is a stock, while RPV (Invesco S&P 500® Pure Value ETF) is Large Cap Value Equities fund tracking the S&P 500 Pure Value Index. Over the past 10 years, PRA returned -4.28%/yr vs 10.82%/yr for RPV. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

PRA vs. RPV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProAssurance Corporation (PRA) and Invesco S&P 500® Pure Value ETF (RPV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PRA achieves a 3.48% return, which is significantly lower than RPV's 15.32% return. Over the past 10 years, PRA has underperformed RPV with an annualized return of -4.28%, while RPV has yielded a comparatively higher 10.82% annualized return.

PRA

1D
0.00%
1M
1.13%
6M
3.52%
YTD
3.48%
1Y
4.95%
3Y*
18.33%
5Y*
2.25%
10Y*
-4.28%

RPV

1D
0.99%
1M
1.09%
6M
11.40%
YTD
15.32%
1Y
27.71%
3Y*
17.14%
5Y*
11.99%
10Y*
10.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PRA vs. RPV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PRA
ProAssurance Corporation		3.48%51.85%15.37%-20.84%-30.28%43.40%-49.70%-7.90%-25.92%12.42%
RPV
Invesco S&P 500® Pure Value ETF		15.32%17.70%12.41%7.98%-1.27%34.22%-8.69%24.80%-12.31%17.30%

Correlation

The correlation between PRA and RPV is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.20

Correlation (3Y)
Calculated over the trailing 3-year period

0.39

Correlation (5Y)
Calculated over the trailing 5-year period

0.44

Correlation (10Y)
Calculated over the trailing 10-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Mar 7, 2006

0.53

Over the past year, the correlation between PRA and RPV has dropped to 0.20 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ProAssurance Corporation

Invesco S&P 500® Pure Value ETF

Often compared with PRA:
PRA vs. SPYPRA vs. VDY.TO
Often compared with RPV:
RPV vs. VTVRPV vs. SPYRPV vs. RFVRPV vs. SCHDRPV vs. VOORPV vs. MGVRPV vs. VONV

Return for Risk

PRA vs. RPV — Risk / Return Rank

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

RPV
RPV Risk / Return Rank: 8484
Overall Rank
RPV Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
RPV Sortino Ratio Rank: 8787
Sortino Ratio Rank
RPV Omega Ratio Rank: 8181
Omega Ratio Rank
RPV Calmar Ratio Rank: 8383
Calmar Ratio Rank
RPV Martin Ratio Rank: 8181
Martin Ratio Rank
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.

PRA vs. RPV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProAssurance Corporation (PRA) and Invesco S&P 500® Pure Value ETF (RPV). 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.

PRARPVDifference
Sharpe ratioReturn per unit of total volatility
1.51
2.20

-0.69

Sortino ratioReturn per unit of downside risk
2.38
3.15

-0.77

Omega ratioGain probability vs. loss probability

1.37

1.38

-0.01

Calmar ratioReturn relative to maximum drawdown

2.54

3.60

-1.06

Martin ratioReturn relative to average drawdown

12.37

12.47

-0.10

PRA vs. RPV - Sharpe Ratio Comparison

The current PRA Sharpe Ratio is 1.51, which is lower than the RPV Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of PRA and RPV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

PRA vs. RPV - Drawdown Comparison

The maximum PRA drawdown since its inception was -78.83%, roughly equal to the maximum RPV drawdown of -75.32%. Use the drawdown chart below to compare losses from any high point for PRA and RPV.

Loading charts...

Drawdown Indicators

PRARPVDifference

Max Drawdown

Largest peak-to-trough decline

-78.83%

-75.32%

-3.51%

Max Drawdown (1Y)

Largest decline over 1 year

-3.76%

-7.74%

+3.98%

Max Drawdown (3Y)

Largest decline over 3 years

-42.68%

-15.50%

-27.18%

Max Drawdown (5Y)

Largest decline over 5 years

-59.82%

-22.64%

-37.18%

Max Drawdown (10Y)

Largest decline over 10 years

-78.83%

-50.67%

-28.16%

Current Drawdown

Current decline from peak

-51.41%

0.00%

-51.41%

Average Drawdown

Average peak-to-trough decline

-23.10%

-10.64%

-12.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.77%

2.23%

-1.46%

Volatility

PRA vs. RPV - Volatility Comparison

The current volatility for ProAssurance Corporation (PRA) is 2.67%, while Invesco S&P 500® Pure Value ETF (RPV) has a volatility of 3.77%. This indicates that PRA experiences smaller price fluctuations and is considered to be less risky than RPV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

PRARPVDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.67%

3.77%

-1.10%

Volatility (6M)

Calculated over the trailing 6-month period

5.05%

8.35%

-3.30%

Volatility (1Y)

Calculated over the trailing 1-year period

6.33%

12.70%

-6.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

39.59%

17.69%

+21.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

38.41%

21.80%

+16.61%

Dividends

PRA vs. RPV - Dividend Comparison

PRA has not paid dividends to shareholders, while RPV's dividend yield for the trailing twelve months is around 2.31%.

PositionTTM20252024202320222021202020192018201720162015
PRA
ProAssurance Corporation		0.00%0.00%0.00%0.36%1.14%0.79%2.59%3.43%4.29%10.38%10.55%4.62%
RPV
Invesco S&P 500® Pure Value ETF		2.31%2.50%2.16%2.38%2.29%1.92%2.11%2.28%2.49%1.73%1.73%2.39%

Frequently Asked Questions

PRA and RPV have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RPV has higher volatility (3.77%) compared to PRA (2.67%). In terms of maximum drawdown, PRA dropped -78.83% vs RPV's -75.32%.

RPV currently has the higher Sharpe Ratio (2.20 vs 1.51), 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.

Portfolio Optimizer

Find the right allocation for PRA and RPV

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer