CATY vs. WIT
CATY (Cathay General Bancorp) and WIT (Wipro Limited) are both stocks. CATY operates in Banks - Regional (Financial Services), while WIT operates in Information Technology Services (Technology). Over the past 10 years, CATY returned 9.87%/yr vs 0.04%/yr for WIT. At a 0.30 correlation, their price movements are largely independent.
Performance
CATY vs. WIT - Performance Comparison
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Returns By Period
In the year-to-date period, CATY achieves a 21.91% return, which is significantly higher than WIT's -25.23% return. Over the past 10 years, CATY has outperformed WIT with an annualized return of 9.87%, while WIT has yielded a comparatively lower 0.04% annualized return.
CATY
- 1D
- 2.96%
- 1M
- 2.55%
- YTD
- 21.91%
- 6M
- 17.80%
- 1Y
- 38.68%
- 3Y*
- 27.14%
- 5Y*
- 10.01%
- 10Y*
- 9.87%
WIT
- 1D
- -2.82%
- 1M
- 4.02%
- YTD
- -25.23%
- 6M
- -24.70%
- 1Y
- -23.74%
- 3Y*
- -2.82%
- 5Y*
- -11.15%
- 10Y*
- 0.04%
CATY vs. WIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CATY Cathay General Bancorp | 21.91% | 4.64% | 10.34% | 13.49% | -2.11% | 37.74% | -11.64% | 17.48% | -18.47% | 13.40% |
WIT Wipro Limited | -25.23% | -16.61% | 27.38% | 19.82% | -51.78% | 73.10% | 51.23% | -2.31% | -5.94% | 13.38% |
Correlation
The correlation between CATY and WIT is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2000 | 0.30 |
Fundamentals
CATY:
$3.92B
WIT:
$21.75B
CATY:
$4.84
WIT:
$12.70
CATY:
12.01
WIT:
0.16
CATY:
1.97
WIT:
0.04
CATY:
2.90
WIT:
0.02
CATY:
1.31
WIT:
0.03
CATY:
$1.38B
WIT:
$935.38B
CATY:
$590.12M
WIT:
$272.72B
CATY:
$347.76M
WIT:
$201.91B
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Return for Risk
CATY vs. WIT — Risk / Return Rank
CATY
WIT
CATY vs. WIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cathay General Bancorp (CATY) and Wipro Limited (WIT). 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.
| CATY | WIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.14 | ||
| Sortino ratioReturn per unit of downside risk | +2.88 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.90 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | -0.61 | +3.76 |
| Martin ratioReturn relative to average drawdown | 8.05 | -1.33 | +9.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CATY | WIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.51 | -0.63 | +2.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | -0.36 | +0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.00 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.10 | +0.13 |
Drawdowns
CATY vs. WIT - Drawdown Comparison
The maximum CATY drawdown since its inception was -80.65%, which is greater than WIT's maximum drawdown of -74.86%. Use the drawdown chart below to compare losses from any high point for CATY and WIT.
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Drawdown Indicators
| CATY | WIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.65% | -74.86% | -5.79% |
Max Drawdown (1Y)Largest decline over 1 year | -12.33% | -38.98% | +26.65% |
Max Drawdown (3Y)Largest decline over 3 years | -29.73% | -48.81% | +19.08% |
Max Drawdown (5Y)Largest decline over 5 years | -40.11% | -60.42% | +20.31% |
Max Drawdown (10Y)Largest decline over 10 years | -55.71% | -60.42% | +4.71% |
Current DrawdownCurrent decline from peak | 0.00% | -54.99% | +54.99% |
Average DrawdownAverage peak-to-trough decline | -23.00% | -30.88% | +7.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.82% | 17.92% | -13.10% |
Volatility
CATY vs. WIT - Volatility Comparison
The current volatility for Cathay General Bancorp (CATY) is 6.45%, while Wipro Limited (WIT) has a volatility of 21.62%. This indicates that CATY experiences smaller price fluctuations and is considered to be less risky than WIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CATY | WIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 21.62% | -15.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.83% | 34.45% | -17.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.75% | 38.02% | -12.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.55% | 31.08% | -0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.59% | 29.09% | +4.50% |
Dividends
CATY vs. WIT - Dividend Comparison
CATY's dividend yield for the trailing twelve months is around 2.48%, less than WIT's 5.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CATY Cathay General Bancorp | 2.48% | 2.81% | 2.86% | 3.05% | 3.33% | 2.95% | 3.85% | 3.26% | 3.07% | 2.06% | 1.97% | 1.79% |
WIT Wipro Limited | 5.93% | 4.43% | 0.17% | 0.22% | 1.69% | 0.14% | 0.25% | 0.28% | 0.31% | 0.27% | 0.91% | 1.65% |
Financials
CATY vs. WIT - Financials Comparison
This section allows you to compare key financial metrics between Cathay General Bancorp and Wipro Limited. 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
CATY vs. WIT - Profitability Comparison
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%.
WIT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wipro Limited reported a gross profit of 71.55B and revenue of 246.13B. Therefore, the gross margin over that period was 29.1%.
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%.
WIT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wipro Limited reported an operating income of 42.46B and revenue of 246.13B, resulting in an operating margin of 17.3%.
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%.
WIT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wipro Limited reported a net income of 35.56B and revenue of 246.13B, resulting in a net margin of 14.5%.
Frequently Asked Questions
CATY and WIT have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WIT has higher volatility (21.62%) compared to CATY (6.45%). In terms of maximum drawdown, CATY dropped -80.65% vs WIT's -74.86%.
CATY currently has the higher Sharpe Ratio (1.51 vs -0.63), 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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