ZWS vs. PGR
ZWS (Zurn Water Solutions Corporation) and PGR (The Progressive Corporation) are both stocks. ZWS operates in Utilities - Regulated Water (Utilities), while PGR operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, ZWS returned 27.77%/yr vs 24.06%/yr for PGR. At a 0.27 correlation, their price movements are largely independent.
Performance
ZWS vs. PGR - Performance Comparison
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Returns By Period
In the year-to-date period, ZWS achieves a 7.26% return, which is significantly higher than PGR's -3.10% return. Over the past 10 years, ZWS has outperformed PGR with an annualized return of 27.77%, while PGR has yielded a comparatively lower 24.06% annualized return.
ZWS
- 1D
- -0.68%
- 1M
- 3.42%
- YTD
- 7.26%
- 6M
- 3.52%
- 1Y
- 41.61%
- 3Y*
- 26.10%
- 5Y*
- 35.78%
- 10Y*
- 27.77%
PGR
- 1D
- 1.23%
- 1M
- 3.94%
- YTD
- -3.10%
- 6M
- -2.94%
- 1Y
- -15.71%
- 3Y*
- 19.57%
- 5Y*
- 19.56%
- 10Y*
- 24.06%
ZWS vs. PGR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZWS Zurn Water Solutions Corporation | 7.26% | 25.81% | 28.08% | 40.63% | -41.48% | 299.70% | 22.26% | 42.14% | -11.80% | 32.82% |
PGR The Progressive Corporation | -3.10% | -3.02% | 51.39% | 23.16% | 26.81% | 10.84% | 41.48% | 25.14% | 9.39% | 61.59% |
Correlation
The correlation between ZWS and PGR is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2012 | 0.27 |
Over the past year, the correlation between ZWS and PGR has dropped to 0.01 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Fundamentals
ZWS:
$1.25
PGR:
$19.67
ZWS:
39.58
PGR:
10.55
ZWS:
2.43
PGR:
0.08
ZWS:
4.85
PGR:
1.36
ZWS:
$1.74B
PGR:
$89.43B
ZWS:
$760.20M
PGR:
$25.44B
ZWS:
$369.60M
PGR:
$15.15B
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Return for Risk
ZWS vs. PGR — Risk / Return Rank
ZWS
PGR
ZWS vs. PGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Zurn Water Solutions Corporation (ZWS) and The Progressive Corporation (PGR). 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.
| ZWS | PGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.11 | ||
| Sortino ratioReturn per unit of downside risk | +3.34 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.90 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | -0.66 | +3.11 |
| Martin ratioReturn relative to average drawdown | 7.11 | -1.00 | +8.11 |
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Drawdowns
ZWS vs. PGR - Drawdown Comparison
The maximum ZWS drawdown since its inception was -52.43%, smaller than the maximum PGR drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for ZWS and PGR.
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Drawdown Indicators
| ZWS | PGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.43% | -71.06% | +18.63% |
Max Drawdown (1Y)Largest decline over 1 year | -17.02% | -24.02% | +7.00% |
Max Drawdown (3Y)Largest decline over 3 years | -30.18% | -30.35% | +0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -47.25% | -30.35% | -16.90% |
Max Drawdown (10Y)Largest decline over 10 years | -47.25% | -30.35% | -16.90% |
Current DrawdownCurrent decline from peak | -5.76% | -24.14% | +18.38% |
Average DrawdownAverage peak-to-trough decline | -16.10% | -14.54% | -1.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.87% | 15.72% | -9.85% |
Volatility
ZWS vs. PGR - Volatility Comparison
Zurn Water Solutions Corporation (ZWS) has a higher volatility of 7.73% compared to The Progressive Corporation (PGR) at 7.19%. This indicates that ZWS's price experiences larger fluctuations and is considered to be riskier than PGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZWS | PGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.73% | 7.19% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 22.08% | 16.23% | +5.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.77% | 22.45% | +7.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.37% | 24.54% | +37.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.67% | 24.49% | +27.18% |
Dividends
ZWS vs. PGR - Dividend Comparison
ZWS's dividend yield for the trailing twelve months is around 0.85%, less than PGR's 6.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGR The Progressive Corporation | 6.70% | 2.15% | 0.48% | 0.25% | 0.31% | 6.23% | 2.68% | 3.89% | 1.86% | 1.21% | 2.50% | 2.16% |
ZWS Zurn Water Solutions Corporation | 0.85% | 0.82% | 0.88% | 0.99% | 0.95% | 92.93% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ZWS vs. PGR - Financials Comparison
This section allows you to compare key financial metrics between Zurn Water Solutions Corporation and The Progressive 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
ZWS vs. PGR - Profitability Comparison
ZWS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zurn Water Solutions Corporation reported a gross profit of 205.80M and revenue of 433.00M. Therefore, the gross margin over that period was 47.5%.
PGR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Progressive Corporation reported a gross profit of 8.35B and revenue of 22.18B. Therefore, the gross margin over that period was 37.7%.
ZWS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zurn Water Solutions Corporation reported an operating income of 82.10M and revenue of 433.00M, resulting in an operating margin of 19.0%.
PGR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Progressive Corporation reported an operating income of 3.57B and revenue of 22.18B, resulting in an operating margin of 16.1%.
ZWS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zurn Water Solutions Corporation reported a net income of 58.90M and revenue of 433.00M, resulting in a net margin of 13.6%.
PGR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Progressive Corporation reported a net income of 2.82B and revenue of 22.18B, resulting in a net margin of 12.7%.
Frequently Asked Questions
ZWS and PGR have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ZWS has higher volatility (7.73%) compared to PGR (7.19%). In terms of maximum drawdown, ZWS dropped -52.43% vs PGR's -71.06%.
ZWS currently has the higher Sharpe Ratio (1.41 vs -0.70), 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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