ASB vs. CASH
ASB (Associated Banc-Corp) and CASH (Meta Financial Group, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, ASB returned 9.53%/yr vs 17.56%/yr for CASH. At a 0.27 correlation, their price movements are largely independent.
Performance
ASB vs. CASH - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with ASB having a 16.10% return and CASH slightly higher at 16.36%. Over the past 10 years, ASB has underperformed CASH with an annualized return of 9.53%, while CASH has yielded a comparatively higher 17.56% annualized return.
ASB
- 1D
- 0.62%
- 1M
- 5.80%
- YTD
- 16.10%
- 6M
- 12.06%
- 1Y
- 31.90%
- 3Y*
- 28.38%
- 5Y*
- 11.10%
- 10Y*
- 9.53%
CASH
- 1D
- 0.57%
- 1M
- -0.20%
- YTD
- 16.36%
- 6M
- 10.55%
- 1Y
- 13.14%
- 3Y*
- 22.83%
- 5Y*
- 11.13%
- 10Y*
- 17.56%
ASB vs. CASH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASB Associated Banc-Corp | 16.10% | 11.85% | 16.22% | -2.86% | 5.98% | 37.25% | -18.93% | 15.09% | -20.16% | 4.96% |
CASH Meta Financial Group, Inc. | 16.36% | -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 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
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 (0.68) than their long-term average of 0.27, meaning their price movements have been converging.
Fundamentals
ASB:
$2.99
CASH:
$8.39
ASB:
9.84
CASH:
9.84
ASB:
0.19
CASH:
0.61
ASB:
0.08
CASH:
2.91
ASB:
$43.22B
CASH:
$639.61M
ASB:
$1.10B
CASH:
$477.70M
ASB:
$509.38M
CASH:
$180.97M
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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 Meta Financial Group, 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 | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.11 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 0.59 | +1.36 |
| Martin ratioReturn relative to average drawdown | 5.63 | 1.16 | +4.47 |
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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% | -25.20% | -6.38% |
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 | -0.61% | -17.37% | +16.76% |
Average DrawdownAverage peak-to-trough decline | -20.68% | -22.88% | +2.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 11.34% | -5.66% |
Volatility
ASB vs. CASH - Volatility Comparison
The current volatility for Associated Banc-Corp (ASB) is 6.26%, while Meta Financial Group, Inc. (CASH) has a volatility of 7.77%. 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 | 6.26% | 7.77% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 18.16% | 22.93% | -4.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.43% | 29.02% | -2.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.04% | 33.49% | -1.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.18% | 41.32% | -7.14% |
Dividends
ASB vs. CASH - Dividend Comparison
ASB's dividend yield for the trailing twelve months is around 3.23%, more than CASH's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASB Associated Banc-Corp | 3.23% | 3.61% | 3.72% | 3.97% | 3.51% | 3.36% | 4.22% | 3.13% | 3.13% | 1.97% | 1.82% | 2.19% |
CASH Meta Financial Group, Inc. | 0.24% | 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 Meta Financial Group, 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
ASB vs. CASH - Profitability Comparison
ASB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Associated Banc-Corp reported a gross profit of 0.00 and revenue of 41.35B. Therefore, the gross margin over that period was 0.0%.
CASH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Meta Financial Group, Inc. reported a gross profit of 0.00 and revenue of 151.18M. Therefore, the gross margin over that period was 0.0%.
ASB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Associated Banc-Corp reported an operating income of 0.00 and revenue of 41.35B, resulting in an operating margin of 0.0%.
CASH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Meta Financial Group, Inc. reported an operating income of 0.00 and revenue of 151.18M, resulting in an operating margin of 0.0%.
ASB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Associated Banc-Corp reported a net income of 0.00 and revenue of 41.35B, resulting in a net margin of 0.0%.
CASH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Meta Financial Group, Inc. reported a net income of 72.84M and revenue of 151.18M, resulting in a net margin of 48.2%.
Frequently Asked Questions
ASB and CASH have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CASH has higher volatility (7.77%) compared to ASB (6.26%). In terms of maximum drawdown, ASB dropped -71.39% vs CASH's -83.66%.
ASB currently has the higher Sharpe Ratio (1.22 vs 0.46), 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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