ASB vs. CASH
ASB (Associated Banc-Corp) and CASH (Pathward Financial, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, ASB returned 9.10%/yr vs 17.69%/yr for CASH. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
ASB vs. CASH - Performance Comparison
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Returns By Period
In the year-to-date period, ASB achieves a 22.03% return, which is significantly lower than CASH's 24.43% return. Over the past 10 years, ASB has underperformed CASH with an annualized return of 9.10%, while CASH has yielded a comparatively higher 17.69% annualized return.
ASB
- 1D
- 0.39%
- 1M
- 0.78%
- 6M
- 15.31%
- YTD
- 22.03%
- 1Y
- 32.82%
- 3Y*
- 23.58%
- 5Y*
- 13.68%
- 10Y*
- 9.10%
- ALL TIME*
- 8.45%
CASH
- 1D
- 0.62%
- 1M
- -0.54%
- 6M
- -2.16%
- YTD
- 24.43%
- 1Y
- 18.28%
- 3Y*
- 19.05%
- 5Y*
- 12.57%
- 10Y*
- 17.69%
- ALL TIME*
- 12.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $61.16M | $63.84M | $60.05M | |
| $21.60M | $19.27M | $18.69M |
ASB vs. CASH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASB Associated Banc-Corp | 22.03% | 11.85% | 16.22% | -2.86% | 5.98% | 37.25% | -18.93% | 15.09% | -20.16% | 4.96% |
CASH Pathward Financial, Inc. | 24.43% | -3.25% | 39.47% | 23.45% | -27.48% | 63.82% | 0.94% | 89.68% | -36.81% | -9.39% |
Correlation
The correlation between ASB and CASH is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.65 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 1993 | 0.27 |
Over the past year, ASB and CASH have become more correlated (0.69) than their long-term average of 0.27, meaning their price movements have been converging.
Fundamentals
ASB:
$5.83B
CASH:
$1.86B
ASB:
$3.05
CASH:
$7.92
ASB:
10.12
CASH:
11.14
ASB:
0.20
CASH:
0.70
ASB:
0.08
CASH:
4.48
ASB:
$49.15B
CASH:
$437.03M
ASB:
$1.12B
CASH:
$160.30M
ASB:
$550.20M
CASH:
$216.92M
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Return for Risk
ASB vs. CASH — Risk / Return Rank
ASB
CASH
ASB vs. CASH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Associated Banc-Corp (ASB) and Pathward Financial, Inc. (CASH). 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.
| ASB | CASH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.13 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 0.77 | +1.03 |
| Martin ratioReturn relative to average drawdown | 5.28 | 1.69 | +3.58 |
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Drawdowns
ASB vs. CASH - Drawdown Comparison
The maximum ASB drawdown since its inception was -71.39%, smaller than the maximum CASH drawdown of -83.66%. Use the drawdown chart below to compare losses from any high point for ASB and CASH.
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Drawdown Indicators
| ASB | CASH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.39% | -83.66% | +12.27% |
Max Drawdown (1Y)Largest decline over 1 year | -16.37% | -22.21% | +5.84% |
Max Drawdown (3Y)Largest decline over 3 years | -31.58% | -22.21% | -9.37% |
Max Drawdown (5Y)Largest decline over 5 years | -41.36% | -50.84% | +9.48% |
Max Drawdown (10Y)Largest decline over 10 years | -60.22% | -64.90% | +4.68% |
Current DrawdownCurrent decline from peak | -2.80% | -11.64% | +8.84% |
Average DrawdownAverage peak-to-trough decline | -20.64% | -22.84% | +2.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.59% | 10.06% | -4.47% |
Volatility
ASB vs. CASH - Volatility Comparison
The current volatility for Associated Banc-Corp (ASB) is 6.22%, while Pathward Financial, Inc. (CASH) has a volatility of 9.87%. This indicates that ASB experiences smaller price fluctuations and is considered to be less risky than CASH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASB | CASH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.22% | 9.87% | -3.65% |
Volatility (6M)Calculated over the trailing 6-month period | 17.60% | 22.31% | -4.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.16% | 29.71% | -3.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.81% | 33.42% | -1.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.02% | 41.36% | -7.34% |
Dividends
ASB vs. CASH - Dividend Comparison
ASB's dividend yield for the trailing twelve months is around 3.08%, more than CASH's 0.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASB Associated Banc-Corp | 3.08% | 3.61% | 3.72% | 3.97% | 3.51% | 3.36% | 4.22% | 3.13% | 3.13% | 1.97% | 1.82% | 2.19% |
CASH Pathward Financial, Inc. | 0.23% | 0.28% | 0.27% | 0.38% | 0.46% | 0.34% | 0.55% | 0.55% | 0.96% | 0.56% | 0.51% | 1.13% |
Financials
ASB vs. CASH - Financials Comparison
This section allows you to compare key financial metrics between Associated Banc-Corp and Pathward Financial, 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
Frequently Asked Questions
ASB and CASH have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CASH has higher volatility (9.87%) compared to ASB (6.22%). In terms of maximum drawdown, ASB dropped -71.39% vs CASH's -83.66%.
ASB currently has the higher Sharpe Ratio (1.13 vs 0.57), 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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