Progressive Corporation (PGR)

PGR · Financials · United States

Progressive Corporation (PGR) is a company in the Financials sector, based in United States. The stock is held in 22 ETFs we track – with its largest weight of 1.64 % in XUFI (msci-usa-financials). Anyone holding one of these ETFs also owns a small indirect stake in Progressive Corporation.

Above-average ETF coverage: 22 of the 95 ETFs we cover hold Progressive Corporation, spread across 11 indices. That puts the stock in more ETFs than 87.9 % of the 4,334 stocks we cover.

Held in22 ETFs

Highest weight1.64 %

Indices11

SectorFinancials

CountryUnited States

ISINUS7433151039

WKN865496

Data note 1

Price chart

Data note 2

Performance

Performance
Year to date	-4.7 %	1 year	-11.4 %
1 month	+6.5 %	3 months	+6.1 %
Calendar year 2025	-5.0 %

52W

Data note 3

Measured in euros, Progressive Corporation returned -3.0 % year to date and -9.3 % over one year. The gap to the dollar figures above comes from the exchange rate alone: each daily price is converted at the ECB euro reference rate for the same day.

Data note 4

Risk metrics

Max drawdown-34.6 %

Volatility p.a.25.7 %

Data note 5

Below peak-25.5 %

Beta to S&P 500-0.51

Correlation to S&P 500-0.24

The close on Sep 16, 2026 was 25.5 % below the highest close since Aug 12, 2024, reached on Mar 17, 2025. Over the last 252 trading days, on days when the S&P 500 rose or fell 1 %, Progressive Corporation moved on average 0.51 % in the opposite direction. The correlation of -0.24 shows how reliable that average is: the broad market explained only a small share of the daily moves.

Data note 6

Correlated with

The strongest co-movers on top, the most inverse below. Low or negative values improve portfolio diversification.

Correlated with
Instrument	r	−1 … +1
W. R. Berkley Corporation	+0.72
Arch Capital Group Ltd.	+0.71
Chubb Limited	+0.70
Erie Indemnity Company Class A	+0.70
Brown & Brown Inc.	+0.67
Everest Group Ltd.	+0.64
Lam Research Corporation	-0.55
Teradyne Inc.	-0.54
nVent Electric plc	-0.53

Data note 7

Key financials

Latest reported fiscal year (FY2025, period end 2025-12-31) as filed with the SEC.

Revenue87.7 bn $

Net income11.3 bn $

Diluted EPS19.23 $

Net margin12.9 %

Return on equity37.3 %

Equity ratio24.6 %

Revenue growth+16.3 %

Revenue and profit by fiscal year
Fiscal year	Revenue	Net income	Margin
FY2023	62.1	3.9	6.3 %
FY2024	75.4	8.5	11.3 %
FY2025	87.7	11.3	12.9 %

Data note 8

Held in these ETFs

Held in these ETFs
ETF	Index	Weight	per €1,000 in the ETF
XUFI / XUFN	msci-usa-financials	1.64 %	€16.40
XDWF	msci-world-financials	0.86 %	€8.60
WFIN	msci-world-financials	0.86 %	€8.60
XDEB	msci-world-minimum-volatility	0.71 %	€7.10
2B7K	msci-world-sri	0.59 %	€5.90
XDEQ	msci-world-quality	0.47 %	€4.70
SPYL / SPY5	sp500	0.19 %	€1.90
SXR8	sp500	0.19 %	€1.90
XD9U / XD9D	msci-usa	0.19 %	€1.90
EUNL	msci-world	0.14 %	€1.40
XDWD / XDWL	msci-world	0.14 %	€1.40
SWWD	msci-world	0.13 %	€1.30
SPYI / SPSA	msci-acwi-imi	0.13 %	€1.30
SPYY	msci-acwi	0.13 %	€1.30
SPPW	msci-world	0.13 %	€1.30
WIMI	msci-world-imi	0.12 %	€1.20
IUSQ	msci-acwi	0.12 %	€1.20

Data note 9

The last column turns the weight into euros: this much of €1,000 invested in one of these funds is allocated to Progressive Corporation as of the fund's latest holdings list.

Weight in EUNL since 2019

Sep 30, 2019Sep 16, 2026

In EUNL, a fund tracking the MSCI World, Progressive Corporation had a weight of 0.11 % on Sep 30, 2019 and 0.14 % on Sep 16, 2026. Its share peaked at 0.24 % on Mar 31, 2025. The weight rises and falls with the stock's price relative to the other index members, and it also shifts when the index provider changes the composition.

Data note 10

How much Progressive Corporation overlaps with other holdings in a portfolio is shown by the Portfolio X-Ray and the ETF overlap check.

Stocks with similar ETF exposure

Names that reach a portfolio through largely the same funds as Progressive Corporation — the figure counts the ETFs holding both.

Data note 11

Key figures side by side

Key figures compared with stocks of similar ETF exposure
Stock	1 year	Volatility p.a.	Net margin	Revenue growth
Progressive Corporation	-11.4 %	25.7 %	12.9 %	+16.3 %
Cboe Global Markets Inc	+15.7 %	28.3 %	–	–
Willis Towers Watson Public Limited Company	-5.4 %	25.6 %	16.9 %	-2.3 %
Visa	+9.1 %	22.1 %	50.1 %	+11.3 %
Arch Capital Group	+11.0 %	24.1 %	22.1 %	+14.3 %
Moody's Corporation	-8.4 %	26.8 %	31.9 %	+8.9 %
Nasdaq	-4.1 %	25.0 %	21.6 %	+11.6 %
Raymond James Financial	-2.7 %	26.8 %	13.4 %	+6.6 %
S&P Global	-24.9 %	26.1 %	29.2 %	+7.9 %

Return and volatility from our daily closing prices in US dollars; margin and growth from the latest SEC annual filing. Fiscal years do not all end on the same date.