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 11.35%/yr vs 0.28%/yr for WIT. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
CATY vs. WIT - Performance Comparison
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Returns By Period
In the year-to-date period, CATY achieves a 32.41% return, which is significantly higher than WIT's -27.67% return. Over the past 10 years, CATY has outperformed WIT with an annualized return of 11.35%, while WIT has yielded a comparatively lower 0.28% annualized return.
CATY
- 1D
- 0.25%
- 1M
- 1.41%
- 6M
- 25.19%
- YTD
- 32.41%
- 1Y
- 44.91%
- 3Y*
- 22.47%
- 5Y*
- 14.38%
- 10Y*
- 11.35%
- ALL TIME*
- 10.92%
WIT
- 1D
- 1.54%
- 1M
- 5.94%
- 6M
- -20.55%
- YTD
- -27.67%
- 1Y
- -23.36%
- 3Y*
- -4.61%
- 5Y*
- -12.26%
- 10Y*
- 0.28%
- ALL TIME*
- 4.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $36.47M | $33.88M | $30.26M | |
| $17.00M | $19.37M | $25.49M |
CATY vs. WIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CATY Cathay General Bancorp | 32.41% | 4.64% | 10.34% | 13.49% | -2.11% | 37.74% | -11.64% | 17.48% | -18.47% | 13.40% |
WIT Wipro Limited | -27.67% | -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 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2000 | 0.30 |
The correlation between CATY and WIT shifts across timeframes, from 0.18 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CATY:
$4.24B
WIT:
$19.59B
CATY:
$5.11
WIT:
₹12.62
CATY:
12.36
WIT:
15.01
CATY:
2.03
WIT:
4.28
CATY:
3.13
WIT:
2.09
CATY:
1.40
WIT:
2.63
CATY:
$1.37B
WIT:
₹951.13B
CATY:
$584.07M
WIT:
₹276.25B
CATY:
$361.99M
WIT:
₹206.66B
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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.
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.
| CATY | WIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.33 | ||
| Sortino ratioReturn per unit of downside risk | +2.97 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.92 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | -0.61 | +4.17 |
| Martin ratioReturn relative to average drawdown | 9.75 | -1.16 | +10.91 |
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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% | -40.32% | +27.99% |
Max Drawdown (3Y)Largest decline over 3 years | -29.73% | -49.94% | +20.21% |
Max Drawdown (5Y)Largest decline over 5 years | -40.11% | -61.29% | +21.18% |
Max Drawdown (10Y)Largest decline over 10 years | -55.71% | -61.29% | +5.58% |
Current DrawdownCurrent decline from peak | -0.83% | -56.46% | +55.63% |
Average DrawdownAverage peak-to-trough decline | -22.90% | -31.03% | +8.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 21.11% | -16.62% |
Volatility
CATY vs. WIT - Volatility Comparison
The current volatility for Cathay General Bancorp (CATY) is 5.89%, while Wipro Limited (WIT) has a volatility of 8.84%. 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 | 5.89% | 8.84% | -2.95% |
Volatility (6M)Calculated over the trailing 6-month period | 15.58% | 39.82% | -24.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.89% | 43.86% | -18.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.19% | 32.60% | -2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.41% | 29.87% | +3.54% |
Dividends
CATY vs. WIT - Dividend Comparison
CATY's dividend yield for the trailing twelve months is around 2.28%, less than WIT's 4.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CATY Cathay General Bancorp | 2.28% | 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 | 4.37% | 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 Aug 2026, Cathay General Bancorp reported a gross profit of 0.00 and revenue of 327.45M. 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 Aug 2026, Wipro Limited reported a gross profit of 70.30B and revenue of 246.24B. Therefore, the gross margin over that period was 28.6%.
CATY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Cathay General Bancorp reported an operating income of 8.09M and revenue of 327.45M, resulting in an operating margin of 2.5%.
WIT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Wipro Limited reported an operating income of 38.52B and revenue of 246.24B, resulting in an operating margin of 15.6%.
CATY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Cathay General Bancorp reported a net income of 92.21M and revenue of 327.45M, resulting in a net margin of 28.2%.
WIT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Wipro Limited reported a net income of 33.72B and revenue of 246.24B, resulting in a net margin of 13.7%.
Frequently Asked Questions
CATY and WIT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WIT has higher volatility (8.84%) compared to CATY (5.89%). In terms of maximum drawdown, CATY dropped -80.65% vs WIT's -74.86%.
CATY currently has the higher Sharpe Ratio (1.77 vs -0.56), 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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