iShares MSCI Canada (TSX) vs Progressive Corp — how do they compare? iShares MSCI Canada (TSX) trades at $59.49, while Progressive Corp trades at $206.61 (market cap $119.48B). The key difference: Progressive Corp pays a 6.77% dividend while iShares MSCI Canada (TSX) pays none, and iShares MSCI Canada (TSX) is trading nearer its 52-week high, Progressive Corp nearer its low. Which is the better fit depends on your goals.
| EWC | PGR | |
|---|---|---|
Sector | Broad Market / Factor | Financials |
52-Week High | $59.49 | $252.68 |
52-Week Low | $45.86 | $190.40 |
Market Cap | — | $119.48B |
Enterprise Value | — | $127.70B |
Dividend Yield | — | 6.77% |
Signals from Pluang's Aura AI — not financial advice
EWC trades at $59.38, up 0.34% today, with a bullish technical signal from moving averages but overbought RSI readings. The stock shows strong momentum near key resistance at $60, supported by positive Canadian economic news including trade surpluses and nuclear energy expansion plans. A dividend of $0.28 is scheduled for June 2026, adding income appeal.
Outlook remains positive due to Canada's economic recovery and commodity strength, though risks include US trade policy uncertainty and high RSI levels suggesting near-term consolidation. Institutional sentiment is bullish, with technical support at $59 providing a floor for potential gains.
Progressive (PGR) trades at $226.58, down 3.37% on the day, showing recent volatility amid mixed quarterly earnings. The stock presents a compelling fundamental case with strong revenue growth from $49.6B in 2022 to $87.6B in 2025, robust net income margins near 13%, and attractive valuation ratios including a P/E of 10.3. Technical analysis indicates a bullish trend with the current price near pivot point support at $227, while analyst sentiment remains cautiously optimistic with a $238.56 consensus target.
The outlook for PGR is positive given its operational strength and scale in auto insurance, though near-term performance depends on consistent earnings execution after recent misses. Key opportunities include continued premium growth and efficient capital deployment, while risks involve competitive pressures in the P&C insurance market and potential margin compression from claims inflation.
Trailing returns across standard periods
Latest headlines on both assets
EWC is a country-specific ETF that tracks the performance of the Canadian equity market. It provides exposure to large and mid-sized companies in Canada, with heavy concentrations in financials and energy, including Royal Bank of Canada, Shopify, and Enbridge.
Read more on EWC →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →