PRGS vs. PEGA
PRGS (Progress Software Corporation) and PEGA (Pegasystems Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 10 years, PRGS returned 4.78%/yr vs 8.64%/yr for PEGA. Their 0.33 correlation means their historical movements had little consistent relationship.
Performance
PRGS vs. PEGA - Performance Comparison
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Returns By Period
In the year-to-date period, PRGS achieves a -5.52% return, which is significantly higher than PEGA's -48.73% return. Over the past 10 years, PRGS has underperformed PEGA with an annualized return of 4.78%, while PEGA has yielded a comparatively higher 8.64% annualized return.
PRGS
- 1D
- 0.62%
- 1M
- 5.65%
- 6M
- -0.81%
- YTD
- -5.52%
- 1Y
- -11.84%
- 3Y*
- -11.97%
- 5Y*
- -1.44%
- 10Y*
- 4.78%
- ALL TIME*
- 7.88%
PEGA
- 1D
- 1.73%
- 1M
- -1.59%
- 6M
- -29.96%
- YTD
- -48.73%
- 1Y
- -46.63%
- 3Y*
- 4.75%
- 5Y*
- -13.51%
- 10Y*
- 8.64%
- ALL TIME*
- 8.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
PEGA Pegasystems Inc. | $161.98M | $112.97M | $82.99M |
| $23.89M | $25.44M | $25.24M |
PRGS vs. PEGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRGS Progress Software Corporation | -5.52% | -34.06% | 21.16% | 8.94% | 6.05% | 8.44% | 10.64% | 18.95% | -15.41% | 35.45% |
PEGA Pegasystems Inc. | -48.73% | 28.39% | 91.01% | 43.07% | -69.29% | -16.01% | 67.51% | 66.81% | 1.66% | 31.28% |
Correlation
The correlation between PRGS and PEGA is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.44 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.47 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 1996 | 0.33 |
The correlation between PRGS and PEGA shifts across timeframes, from 0.33 (all time) to 0.49 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
PRGS:
$1.66B
PEGA:
$5.02B
PRGS:
$2.06
PEGA:
$1.79
PRGS:
19.71
PEGA:
17.03
PRGS:
54.58
PEGA:
0.09
PRGS:
1.75
PEGA:
3.18
PRGS:
3.41
PEGA:
9.56
PRGS:
$1.00B
PEGA:
$1.74B
PRGS:
$820.93M
PEGA:
$1.31B
PRGS:
$217.66M
PEGA:
$199.46M
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Return for Risk
PRGS vs. PEGA — Risk / Return Rank
PRGS
PEGA
PRGS vs. PEGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Progress Software Corporation (PRGS) and Pegasystems Inc. (PEGA). 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 | PEGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.84 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | -0.79 | +0.45 |
| Martin ratioReturn relative to average drawdown | -0.70 | -1.46 | +0.76 |
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Drawdowns
PRGS vs. PEGA - Drawdown Comparison
The maximum PRGS drawdown since its inception was -67.33%, smaller than the maximum PEGA drawdown of -94.81%. Use the drawdown chart below to compare losses from any high point for PRGS and PEGA.
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Drawdown Indicators
| PRGS | PEGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.33% | -94.81% | +27.48% |
Max Drawdown (1Y)Largest decline over 1 year | -46.47% | -60.91% | +14.44% |
Max Drawdown (3Y)Largest decline over 3 years | -64.10% | -60.91% | -3.19% |
Max Drawdown (5Y)Largest decline over 5 years | -64.10% | -78.59% | +14.49% |
Max Drawdown (10Y)Largest decline over 10 years | -64.10% | -79.21% | +15.11% |
Current DrawdownCurrent decline from peak | -41.92% | -57.86% | +15.94% |
Average DrawdownAverage peak-to-trough decline | -23.66% | -44.92% | +21.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.78% | 32.78% | -9.00% |
Volatility
PRGS vs. PEGA - Volatility Comparison
The current volatility for Progress Software Corporation (PRGS) is 13.84%, while Pegasystems Inc. (PEGA) has a volatility of 22.59%. This indicates that PRGS experiences smaller price fluctuations and is considered to be less risky than PEGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRGS | PEGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.84% | 22.59% | -8.75% |
Volatility (6M)Calculated over the trailing 6-month period | 46.50% | 42.00% | +4.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.15% | 51.73% | +1.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.30% | 52.46% | -17.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.95% | 44.55% | -10.60% |
Dividends
PRGS vs. PEGA - Dividend Comparison
PRGS has not paid dividends to shareholders, while PEGA's dividend yield for the trailing twelve months is around 0.39%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEGA Pegasystems Inc. | 0.39% | 0.15% | 0.10% | 0.25% | 0.35% | 0.11% | 0.09% | 0.15% | 0.25% | 0.25% | 0.33% | 0.44% |
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. PEGA - Financials Comparison
This section allows you to compare key financial metrics between Progress Software Corporation and Pegasystems 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. PEGA - Profitability Comparison
PRGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Progress Software Corporation reported a gross profit of 234.21M and revenue of 253.47M. Therefore, the gross margin over that period was 92.4%.
PEGA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Pegasystems Inc. reported a gross profit of 312.69M and revenue of 420.72M. Therefore, the gross margin over that period was 74.3%.
PRGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Progress Software Corporation reported an operating income of 45.20M and revenue of 253.47M, resulting in an operating margin of 17.8%.
PEGA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Pegasystems Inc. reported an operating income of 16.64M and revenue of 420.72M, resulting in an operating margin of 4.0%.
PRGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Progress Software Corporation reported a net income of 21.07M and revenue of 253.47M, resulting in a net margin of 8.3%.
PEGA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Pegasystems Inc. reported a net income of 13.33M and revenue of 420.72M, resulting in a net margin of 3.2%.
Frequently Asked Questions
PRGS and PEGA have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PEGA has higher volatility (22.59%) compared to PRGS (13.84%). In terms of maximum drawdown, PRGS dropped -67.33% vs PEGA's -94.81%.
PRGS currently has the higher Sharpe Ratio (-0.29 vs -0.93), 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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