PGR correlations (Progressive Corporation)
Which assets move with PGR and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Financials · Property & Casualty Insurance
Volatility (ann.)
23.6%
3y weekly
Beta vs S&P 500
0.32
3y weekly
1-year return
-5.3%
price, adjusted
5-year return
+153.0%
price, adjusted
Market cap
$126.5B
latest
P/E ratio
10.9
trailing
Dividend yield
0.18%
trailing
Max drawdown
-30.4%
3y, daily closes
PGR over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with PGR
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| ALL | Allstate | 0.68 | |
| ACGL | Arch Capital Group | 0.59 | |
| MRSH | Marsh McLennan | 0.56 | |
| WRB | W. R. Berkley Corporation | 0.55 | |
| AJG | Arthur J. Gallagher & Co. | 0.54 | |
| HIG | Hartford (The) | 0.53 | |
| AXS | Axis Capital Holdings Limited | 0.52 | |
| L | Loews Corporation | 0.52 | |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.51 | |
| CNA | CNA Financial Corporation | 0.50 | |
| PLMR | Palomar Holdings, Inc. | 0.50 | |
| CINF | Cincinnati Financial | 0.50 | |
| RSG | Republic Services | 0.49 | |
| EG | Everest Group | 0.49 | |
| BRK.B | Berkshire Hathaway | 0.48 |
Best diversifiers for PGR
If the goal is offsetting PGR, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| NXTC | NextCure, Inc. | -0.32 | |
| ATPC | Agape ATP Corporation | -0.26 | |
| ENVX | Enovix Corporation | -0.26 | |
| VEEE | Twin Vee PowerCats Co. | -0.25 | |
| TYGO | Tigo Energy, Inc. | -0.24 | |
| LEDS | SemiLEDS Corporation | -0.24 | |
| SHLS | Shoals Technologies Group, Inc. | -0.22 | |
| NVTS | Navitas Semiconductor Corporation | -0.22 | |
| NEGG | Newegg Commerce, Inc. | -0.22 | |
| EFSI | Eagle Financial Services Inc | -0.21 |
PGR vs benchmarks
PGR vs its peers
Get PGR data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/pgr.jsonCorrelations, diversifiers, beta and volatility for PGR, plus one endpoint per pair. API documentation.
PGR inside major ETFs
| ETF | PGR weight | |
|---|---|---|
| XLF | Financial Select Sector SPDR Fund | 1.58% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.7% |
| VYM | Vanguard High Dividend Yield ETF | 0.5% |
| VTV | Vanguard Value ETF | 0.46% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.41% |
| IVV | iShares Core S&P 500 ETF | 0.2% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.2% |
| SPY | SPDR S&P 500 ETF Trust | 0.2% |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.2% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.19% |
