PRGS vs. CNXC
PRGS (Progress Software Corporation) and CNXC (Concentrix Corporation) are both stocks. Both are in the Technology sector — PRGS in Software - Application, CNXC in Information Technology Services. Over the past 5 years, PRGS returned -7.10%/yr vs -27.31%/yr for CNXC. At a 0.40 correlation, their price movements are largely independent.
Performance
PRGS vs. CNXC - Performance Comparison
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Returns By Period
In the year-to-date period, PRGS achieves a -27.47% return, which is significantly higher than CNXC's -32.63% return.
PRGS
- 1D
- -0.64%
- 1M
- 4.32%
- YTD
- -27.47%
- 6M
- -28.99%
- 1Y
- -51.45%
- 3Y*
- -19.13%
- 5Y*
- -7.10%
- 10Y*
- 3.01%
CNXC
- 1D
- -1.58%
- 1M
- 12.81%
- YTD
- -32.63%
- 6M
- -26.68%
- 1Y
- -49.86%
- 3Y*
- -29.25%
- 5Y*
- -27.31%
- 10Y*
- —
PRGS vs. CNXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PRGS Progress Software Corporation | -27.47% | -34.06% | 21.16% | 8.94% | 6.05% | 8.44% | 13.66% |
CNXC Concentrix Corporation | -32.63% | -1.39% | -55.03% | -25.36% | -24.91% | 81.22% | 23.37% |
Correlation
The correlation between PRGS and CNXC is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2020 | 0.40 |
Fundamentals
PRGS:
$1.33B
CNXC:
$1.68B
PRGS:
$1.95
CNXC:
-$21.33
PRGS:
1.37
CNXC:
0.17
PRGS:
2.67
CNXC:
0.60
PRGS:
$987.62M
CNXC:
$9.95B
PRGS:
$802.40M
CNXC:
$3.27B
PRGS:
$136.06M
CNXC:
-$944.68M
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Return for Risk
PRGS vs. CNXC — Risk / Return Rank
PRGS
CNXC
PRGS vs. CNXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Progress Software Corporation (PRGS) and Concentrix Corporation (CNXC). 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.
| PRGS | CNXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 0.87 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | -0.81 | -0.03 |
| Martin ratioReturn relative to average drawdown | -1.34 | -1.34 | -0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PRGS | CNXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.05 | -0.82 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.21 | -0.57 | +0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | -0.33 | +0.49 |
Drawdowns
PRGS vs. CNXC - Drawdown Comparison
The maximum PRGS drawdown since its inception was -67.33%, smaller than the maximum CNXC drawdown of -87.86%. Use the drawdown chart below to compare losses from any high point for PRGS and CNXC.
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Drawdown Indicators
| PRGS | CNXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.33% | -87.86% | +20.53% |
Max Drawdown (1Y)Largest decline over 1 year | -61.20% | -61.71% | +0.51% |
Max Drawdown (3Y)Largest decline over 3 years | -64.10% | -76.50% | +12.40% |
Max Drawdown (5Y)Largest decline over 5 years | -64.10% | -87.86% | +23.76% |
Max Drawdown (10Y)Largest decline over 10 years | -64.10% | — | — |
Current DrawdownCurrent decline from peak | -55.42% | -85.48% | +30.06% |
Average DrawdownAverage peak-to-trough decline | -23.56% | -47.65% | +24.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.36% | 37.32% | +1.04% |
Volatility
PRGS vs. CNXC - Volatility Comparison
Progress Software Corporation (PRGS) has a higher volatility of 17.03% compared to Concentrix Corporation (CNXC) at 15.12%. This indicates that PRGS's price experiences larger fluctuations and is considered to be riskier than CNXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRGS | CNXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.03% | 15.12% | +1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 41.70% | 51.98% | -10.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.01% | 61.40% | -12.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.45% | 48.26% | -14.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.19% | 49.78% | -16.59% |
Dividends
PRGS vs. CNXC - Dividend Comparison
PRGS has not paid dividends to shareholders, while CNXC's dividend yield for the trailing twelve months is around 5.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CNXC Concentrix Corporation | 5.16% | 3.27% | 2.87% | 1.15% | 0.77% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PRGS Progress Software Corporation | 0.00% | 0.00% | 0.81% | 1.29% | 1.39% | 1.45% | 1.48% | 1.52% | 1.62% | 1.21% | 0.39% |
Financials
PRGS vs. CNXC - Financials Comparison
This section allows you to compare key financial metrics between Progress Software Corporation and Concentrix Corporation. 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
PRGS vs. CNXC - Profitability Comparison
PRGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Progress Software Corporation reported a gross profit of 203.94M and revenue of 247.80M. Therefore, the gross margin over that period was 82.3%.
CNXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a gross profit of 849.66M and revenue of 2.50B. Therefore, the gross margin over that period was 34.0%.
PRGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Progress Software Corporation reported an operating income of 46.47M and revenue of 247.80M, resulting in an operating margin of 18.8%.
CNXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported an operating income of 118.56M and revenue of 2.50B, resulting in an operating margin of 4.7%.
PRGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Progress Software Corporation reported a net income of 22.81M and revenue of 247.80M, resulting in a net margin of 9.2%.
CNXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a net income of 21.59M and revenue of 2.50B, resulting in a net margin of 0.9%.
Frequently Asked Questions
PRGS and CNXC have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRGS has higher volatility (17.03%) compared to CNXC (15.12%). In terms of maximum drawdown, PRGS dropped -67.33% vs CNXC's -87.86%.
CNXC currently has the higher Sharpe Ratio (-0.82 vs -1.05), 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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