PRG vs. BRK-B

Last updated Jun 3, 2026

PRG (PROG Holdings, Inc.) and BRK-B (Berkshire Hathaway Inc.) are both stocks. PRG operates in Rental & Leasing Services (Industrials), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 10 years, PRG returned 5.97%/yr vs 12.82%/yr for BRK-B. At a 0.25 correlation, their price movements are largely independent.

Performance

PRG vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PROG Holdings, Inc. (PRG) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRG achieves a 23.09% return, which is significantly higher than BRK-B's -6.20% return. Over the past 10 years, PRG has underperformed BRK-B with an annualized return of 5.97%, while BRK-B has yielded a comparatively higher 12.82% annualized return.

PRG

• 1D: -2.60%
• 1M: -0.17%
• YTD: 23.09%
• 6M: 21.77%
• 1Y: 28.81%
• 3Y*: 3.08%
• 5Y*: -6.37%
• 10Y*: 5.97%

BRK-B

• 1D: 0.26%
• 1M: -0.32%
• YTD: -6.20%
• 6M: -6.94%
• 1Y: -6.23%
• 3Y*: 12.69%
• 5Y*: 10.06%
• 10Y*: 12.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRG vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRG PROG Holdings, Inc.	23.09%	-28.95%	38.41%	83.01%	-62.56%	-16.26%	11.71%	36.15%	5.81%	24.96%
BRK-B Berkshire Hathaway Inc.	-6.20%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between PRG and BRK-B is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since May 10, 1996	0.25

The correlation between PRG and BRK-B shifts across timeframes, from 0.15 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PRG : $1.47B BRK-B : $1.02T
EPS PRG : $3.65 BRK-B : $33.62
PE Ratio PRG : 9.86 BRK-B : 14.03
PEG Ratio PRG : 0.92 BRK-B : 0.54
PS Ratio PRG : 0.81 BRK-B : 2.71
PB Ratio PRG : 1.90 BRK-B : 1.40
Total Revenue (TTM) PRG : $1.81B BRK-B : $375.39B
Gross Profit (TTM) PRG : $1.38B BRK-B : $94.36B
EBITDA (TTM) PRG : $1.38B BRK-B : $71.92B

Return for Risk

PRG vs. BRK-B — Risk / Return Rank

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

PRG

PRG Risk / Return Rank: 60
PRG Sharpe Ratio Rank: 60
PRG Sortino Ratio Rank: 64
PRG Omega Ratio Rank: 59
PRG Calmar Ratio Rank: 59
PRG Martin Ratio Rank: 58

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 21
BRK-B Sortino Ratio Rank: 19
BRK-B Omega Ratio Rank: 19
BRK-B Calmar Ratio Rank: 15
BRK-B Martin Ratio Rank: 8

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.

PRG vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PROG Holdings, Inc. (PRG) and Berkshire Hathaway Inc. (BRK-B). 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.

	PRG	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	0.61	-0.44	+1.05
Sortino ratio Return per unit of downside risk	1.49	-0.51	+2.00
Omega ratio Gain probability vs. loss probability	1.16	0.94	+0.23
Calmar ratio Return relative to maximum drawdown	0.87	-0.68	+1.55
Martin ratio Return relative to average drawdown	1.78	-1.36	+3.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRG vs. BRK-B - Sharpe Ratio Comparison

The current PRG Sharpe Ratio is 0.61, which is higher than the BRK-B Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of PRG and BRK-B, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PRG	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	-0.44	+1.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.13	0.59	-0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	0.66	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.48	-0.31

Drawdowns

PRG vs. BRK-B - Drawdown Comparison

The maximum PRG drawdown since its inception was -80.87%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for PRG and BRK-B.

Drawdown Indicators

	PRG	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-80.87%	-53.86%	-27.01%
Max Drawdown (1Y) Largest decline over 1 year	-31.21%	-9.42%	-21.79%
Max Drawdown (3Y) Largest decline over 3 years	-51.86%	-14.95%	-36.91%
Max Drawdown (5Y) Largest decline over 5 years	-77.47%	-26.58%	-50.89%
Max Drawdown (10Y) Largest decline over 10 years	-80.87%	-29.57%	-51.30%
Current Drawdown Current decline from peak	-43.26%	-12.65%	-30.61%
Average Drawdown Average peak-to-trough decline	-28.42%	-11.07%	-17.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.22%	4.73%	+10.49%

Volatility

PRG vs. BRK-B - Volatility Comparison

PROG Holdings, Inc. (PRG) has a higher volatility of 12.20% compared to Berkshire Hathaway Inc. (BRK-B) at 3.79%. This indicates that PRG's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRG	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.20%	3.79%	+8.41%
Volatility (6M) Calculated over the trailing 6-month period	36.32%	10.68%	+25.64%
Volatility (1Y) Calculated over the trailing 1-year period	47.16%	14.31%	+32.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.68%	17.11%	+33.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.85%	19.43%	+30.42%

Dividends

PRG vs. BRK-B - Dividend Comparison

PRG's dividend yield for the trailing twelve months is around 1.50%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PRG PROG Holdings, Inc.	1.50%	1.76%	1.14%	0.00%	0.00%	0.00%	0.26%	0.25%	0.30%	0.28%	0.32%	0.42%

Financials

Frequently Asked Questions

Can I hold both PRG and BRK-B in my portfolio?

PRG and BRK-B have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRG or BRK-B?

PRG has higher volatility (12.20%) compared to BRK-B (3.79%). In terms of maximum drawdown, PRG dropped -80.87% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

PRG currently has the higher Sharpe Ratio (0.61 vs -0.44), 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.