CARG vs. CATY
CARG (CarGurus, Inc.) and CATY (Cathay General Bancorp) are both stocks. CARG operates in Internet Content & Information (Communication Services), while CATY operates in Banks - Regional (Financial Services). Over the past 5 years, CARG returned 2.00%/yr vs 11.92%/yr for CATY. At a 0.31 correlation, their price movements are largely independent.
Performance
CARG vs. CATY - Performance Comparison
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Returns By Period
In the year-to-date period, CARG achieves a -21.56% return, which is significantly lower than CATY's 25.62% return.
CARG
- 1D
- 0.20%
- 1M
- 6.52%
- YTD
- -21.56%
- 6M
- -22.71%
- 1Y
- -6.29%
- 3Y*
- 13.43%
- 5Y*
- 2.00%
- 10Y*
- —
CATY
- 1D
- 1.46%
- 1M
- 5.38%
- YTD
- 25.62%
- 6M
- 20.56%
- 1Y
- 42.54%
- 3Y*
- 27.90%
- 5Y*
- 11.92%
- 10Y*
- 11.41%
CARG vs. CATY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CARG CarGurus, Inc. | -21.56% | 4.95% | 51.24% | 72.45% | -58.35% | 6.02% | -9.81% | 4.30% | 12.51% | 3.38% |
CATY Cathay General Bancorp | 25.62% | 4.64% | 10.34% | 13.49% | -2.11% | 37.74% | -11.64% | 17.48% | -18.47% | 3.97% |
Correlation
The correlation between CARG and CATY is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2017 | 0.31 |
The correlation between CARG and CATY shifts across timeframes, from 0.21 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CARG:
$2.86B
CATY:
$4.04B
CARG:
$1.52
CATY:
$4.84
CARG:
19.76
CATY:
12.38
CARG:
0.11
CATY:
2.03
CARG:
3.08
CATY:
2.99
CARG:
12.06
CATY:
1.35
CARG:
$957.38M
CATY:
$1.38B
CARG:
$860.45M
CATY:
$590.12M
CARG:
$251.92M
CATY:
$347.76M
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Return for Risk
CARG vs. CATY — Risk / Return Rank
CARG
CATY
CARG vs. CATY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CarGurus, Inc. (CARG) and Cathay General Bancorp (CATY). 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.
| CARG | CATY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.84 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.31 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 3.47 | -3.67 |
| Martin ratioReturn relative to average drawdown | -0.46 | 8.92 | -9.38 |
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Drawdowns
CARG vs. CATY - Drawdown Comparison
The maximum CARG drawdown since its inception was -78.66%, roughly equal to the maximum CATY drawdown of -80.65%. Use the drawdown chart below to compare losses from any high point for CARG and CATY.
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Drawdown Indicators
| CARG | CATY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.66% | -80.65% | +1.99% |
Max Drawdown (1Y)Largest decline over 1 year | -30.92% | -12.33% | -18.59% |
Max Drawdown (3Y)Largest decline over 3 years | -37.88% | -29.73% | -8.15% |
Max Drawdown (5Y)Largest decline over 5 years | -75.38% | -40.11% | -35.27% |
Max Drawdown (10Y)Largest decline over 10 years | — | -55.71% | — |
Current DrawdownCurrent decline from peak | -46.20% | -1.69% | -44.51% |
Average DrawdownAverage peak-to-trough decline | -44.06% | -22.97% | -21.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.59% | 4.78% | +8.81% |
Volatility
CARG vs. CATY - Volatility Comparison
CarGurus, Inc. (CARG) has a higher volatility of 12.99% compared to Cathay General Bancorp (CATY) at 6.35%. This indicates that CARG's price experiences larger fluctuations and is considered to be riskier than CATY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CARG | CATY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.99% | 6.35% | +6.64% |
Volatility (6M)Calculated over the trailing 6-month period | 29.85% | 16.61% | +13.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.75% | 25.62% | +11.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.51% | 30.38% | +20.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.65% | 33.58% | +17.07% |
Dividends
CARG vs. CATY - Dividend Comparison
CARG has not paid dividends to shareholders, while CATY's dividend yield for the trailing twelve months is around 2.40%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARG CarGurus, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CATY Cathay General Bancorp | 2.40% | 2.81% | 2.86% | 3.05% | 3.33% | 2.95% | 3.85% | 3.26% | 3.07% | 2.06% | 1.97% | 1.79% |
Financials
CARG vs. CATY - Financials Comparison
This section allows you to compare key financial metrics between CarGurus, Inc. and Cathay General Bancorp. 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
CARG vs. CATY - Profitability Comparison
CARG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CarGurus, Inc. reported a gross profit of 224.62M and revenue of 243.56M. Therefore, the gross margin over that period was 92.2%.
CATY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cathay General Bancorp reported a gross profit of 0.00 and revenue of 322.91M. Therefore, the gross margin over that period was 0.0%.
CARG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CarGurus, Inc. reported an operating income of 40.08M and revenue of 243.56M, resulting in an operating margin of 16.5%.
CATY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cathay General Bancorp reported an operating income of 7.51M and revenue of 322.91M, resulting in an operating margin of 2.3%.
CARG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CarGurus, Inc. reported a net income of 32.23M and revenue of 243.56M, resulting in a net margin of 13.2%.
CATY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cathay General Bancorp reported a net income of 86.89M and revenue of 322.91M, resulting in a net margin of 26.9%.
Frequently Asked Questions
CARG and CATY have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CARG has higher volatility (12.99%) compared to CATY (6.35%). In terms of maximum drawdown, CARG dropped -78.66% vs CATY's -80.65%.
CATY currently has the higher Sharpe Ratio (1.67 vs -0.17), 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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