PRGS vs. NKE
PRGS (Progress Software Corporation) and NKE (NIKE, Inc.) are both stocks. PRGS operates in Software - Application (Technology), while NKE operates in Footwear & Accessories (Consumer Cyclical). Over the past 10 years, PRGS returned 3.19%/yr vs -0.48%/yr for NKE. At a 0.26 correlation, their price movements are largely independent.
Performance
PRGS vs. NKE - Performance Comparison
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Returns By Period
In the year-to-date period, PRGS achieves a -26.75% return, which is significantly higher than NKE's -28.37% return. Over the past 10 years, PRGS has outperformed NKE with an annualized return of 3.19%, while NKE has yielded a comparatively lower -0.48% annualized return.
PRGS
- 1D
- -0.38%
- 1M
- 17.43%
- YTD
- -26.75%
- 6M
- -29.75%
- 1Y
- -49.74%
- 3Y*
- -19.45%
- 5Y*
- -7.35%
- 10Y*
- 3.19%
NKE
- 1D
- -2.24%
- 1M
- 8.24%
- YTD
- -28.37%
- 6M
- -32.37%
- 1Y
- -23.74%
- 3Y*
- -23.49%
- 5Y*
- -18.04%
- 10Y*
- -0.48%
PRGS vs. NKE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRGS Progress Software Corporation | -26.75% | -34.06% | 21.16% | 8.94% | 6.05% | 8.44% | 10.64% | 18.95% | -15.41% | 35.45% |
NKE NIKE, Inc. | -28.37% | -13.83% | -29.11% | -6.01% | -29.04% | 18.70% | 40.97% | 38.09% | 19.87% | 24.70% |
Correlation
The correlation between PRGS and NKE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 1991 | 0.26 |
The correlation between PRGS and NKE shifts across timeframes, from 0.25 (1 year) to 0.40 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PRGS:
$1.34B
NKE:
$66.51B
PRGS:
$1.95
NKE:
$1.52
PRGS:
16.10
NKE:
29.55
PRGS:
1.39
NKE:
1.43
PRGS:
2.70
NKE:
4.72
PRGS:
$987.62M
NKE:
$46.52B
PRGS:
$802.40M
NKE:
$18.99B
PRGS:
$136.06M
NKE:
$3.33B
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Return for Risk
PRGS vs. NKE — Risk / Return Rank
PRGS
NKE
PRGS vs. NKE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Progress Software Corporation (PRGS) and NIKE, Inc. (NKE). 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.
| PRGS | NKE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 0.89 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | -0.58 | -0.25 |
| Martin ratioReturn relative to average drawdown | -1.30 | -1.09 | -0.21 |
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Drawdowns
PRGS vs. NKE - Drawdown Comparison
The maximum PRGS drawdown since its inception was -67.33%, smaller than the maximum NKE drawdown of -75.19%. Use the drawdown chart below to compare losses from any high point for PRGS and NKE.
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Drawdown Indicators
| PRGS | NKE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.33% | -75.19% | +7.86% |
Max Drawdown (1Y)Largest decline over 1 year | -61.14% | -46.18% | -14.96% |
Max Drawdown (3Y)Largest decline over 3 years | -64.10% | -64.21% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -64.10% | -74.64% | +10.54% |
Max Drawdown (10Y)Largest decline over 10 years | -64.10% | -74.64% | +10.54% |
Current DrawdownCurrent decline from peak | -54.97% | -72.55% | +17.58% |
Average DrawdownAverage peak-to-trough decline | -23.57% | -20.93% | -2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.81% | 24.38% | +14.43% |
Volatility
PRGS vs. NKE - Volatility Comparison
Progress Software Corporation (PRGS) has a higher volatility of 14.81% compared to NIKE, Inc. (NKE) at 10.43%. This indicates that PRGS's price experiences larger fluctuations and is considered to be riskier than NKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRGS | NKE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.81% | 10.43% | +4.38% |
Volatility (6M)Calculated over the trailing 6-month period | 41.69% | 29.43% | +12.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.89% | 38.48% | +10.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.42% | 35.91% | -2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.17% | 32.29% | +0.88% |
Dividends
PRGS vs. NKE - Dividend Comparison
PRGS has not paid dividends to shareholders, while NKE's dividend yield for the trailing twelve months is around 3.63%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | 3.63% | 2.53% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% |
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% | 0.00% |
Financials
PRGS vs. NKE - Financials Comparison
This section allows you to compare key financial metrics between Progress Software Corporation and NIKE, Inc.. 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. NKE - 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%.
NKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a gross profit of 4.53B and revenue of 11.28B. Therefore, the gross margin over that period was 40.2%.
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%.
NKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported an operating income of 553.00M and revenue of 11.28B, resulting in an operating margin of 4.9%.
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%.
NKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a net income of 520.00M and revenue of 11.28B, resulting in a net margin of 4.6%.
Frequently Asked Questions
PRGS and NKE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRGS has higher volatility (14.81%) compared to NKE (10.43%). In terms of maximum drawdown, PRGS dropped -67.33% vs NKE's -75.19%.
NKE currently has the higher Sharpe Ratio (-0.69 vs -1.03), 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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