CATY vs. ZYME

Last updated Jun 23, 2026

CATY (Cathay General Bancorp) and ZYME (Zymeworks Inc.) are both stocks. CATY operates in Banks - Regional (Financial Services), while ZYME operates in Biotechnology (Healthcare). Over the past 5 years, CATY returned 11.92%/yr vs -8.55%/yr for ZYME. At a 0.17 correlation, their price movements are largely independent.

Performance

CATY vs. ZYME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cathay General Bancorp (CATY) and Zymeworks Inc. (ZYME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CATY achieves a 25.62% return, which is significantly higher than ZYME's -11.66% return.

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%

ZYME

• 1D: 0.52%
• 1M: -9.18%
• YTD: -11.66%
• 6M: -15.79%
• 1Y: 86.38%
• 3Y*: 42.08%
• 5Y*: -8.55%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CATY vs. ZYME - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CATY Cathay General Bancorp	25.62%	4.64%	10.34%	13.49%	-2.11%	37.74%	-11.64%	17.48%	-18.47%	10.13%
ZYME Zymeworks Inc.	-11.66%	79.85%	40.90%	32.19%	-52.04%	-65.32%	3.96%	209.67%	93.33%	-43.75%

Correlation

The correlation between CATY and ZYME is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Apr 28, 2017	0.17

Fundamentals

Market Cap CATY : $4.04B ZYME : $1.74B
EPS CATY : $4.84 ZYME : -$583.41
PS Ratio CATY : 2.99 ZYME : 22.36
PB Ratio CATY : 1.35 ZYME : 0.01
Total Revenue (TTM) CATY : $1.38B ZYME : $78.86M
Gross Profit (TTM) CATY : $590.12M ZYME : $77.16M
EBITDA (TTM) CATY : $347.76M ZYME : -$47.18B

Return for Risk

CATY vs. ZYME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CATY

CATY Risk / Return Rank: 84
CATY Sharpe Ratio Rank: 85
CATY Sortino Ratio Rank: 80
CATY Omega Ratio Rank: 81
CATY Calmar Ratio Rank: 86
CATY Martin Ratio Rank: 86

ZYME

ZYME Risk / Return Rank: 85
ZYME Sharpe Ratio Rank: 84
ZYME Sortino Ratio Rank: 85
ZYME Omega Ratio Rank: 82
ZYME Calmar Ratio Rank: 89
ZYME Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CATY vs. ZYME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cathay General Bancorp (CATY) and Zymeworks Inc. (ZYME). 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	ZYME	Difference
Sharpe ratio: Return per unit of total volatility	1.67	1.64	+0.03
Sortino ratio: Return per unit of downside risk	2.24	2.60	-0.35
Omega ratio: Gain probability vs. loss probability	1.31	1.32	-0.01
Calmar ratio: Return relative to maximum drawdown	3.47	4.09	-0.62
Martin ratio: Return relative to average drawdown	8.92	8.74	+0.18

CATY vs. ZYME - Sharpe Ratio Comparison

The current CATY Sharpe Ratio is 1.67, which is comparable to the ZYME Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of CATY and ZYME, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CATY vs. ZYME - Drawdown Comparison

The maximum CATY drawdown since its inception was -80.65%, smaller than the maximum ZYME drawdown of -91.81%. Use the drawdown chart below to compare losses from any high point for CATY and ZYME.

Drawdown Indicators

	CATY	ZYME	Difference
Max Drawdown Largest peak-to-trough decline	-80.65%	-91.81%	+11.16%
Max Drawdown (1Y) Largest decline over 1 year	-12.33%	-21.25%	+8.92%
Max Drawdown (3Y) Largest decline over 3 years	-29.73%	-45.75%	+16.02%
Max Drawdown (5Y) Largest decline over 5 years	-40.11%	-87.53%	+47.42%
Max Drawdown (10Y) Largest decline over 10 years	-55.71%	—	—
Current Drawdown Current decline from peak	-1.69%	-59.06%	+57.37%
Average Drawdown Average peak-to-trough decline	-22.97%	-52.54%	+29.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.78%	9.92%	-5.14%

Volatility

CATY vs. ZYME - Volatility Comparison

The current volatility for Cathay General Bancorp (CATY) is 6.35%, while Zymeworks Inc. (ZYME) has a volatility of 9.77%. This indicates that CATY experiences smaller price fluctuations and is considered to be less risky than ZYME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CATY	ZYME	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.35%	9.77%	-3.42%
Volatility (6M) Calculated over the trailing 6-month period	16.61%	29.50%	-12.89%
Volatility (1Y) Calculated over the trailing 1-year period	25.62%	52.97%	-27.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.38%	61.84%	-31.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.58%	61.46%	-27.88%

Dividends

CATY vs. ZYME - Dividend Comparison

CATY's dividend yield for the trailing twelve months is around 2.40%, while ZYME has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
ZYME Zymeworks 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%

Financials

Frequently Asked Questions

Can I hold both CATY and ZYME in my portfolio?

CATY and ZYME have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CATY or ZYME?

ZYME has higher volatility (9.77%) compared to CATY (6.35%). In terms of maximum drawdown, CATY dropped -80.65% vs ZYME's -91.81%.

Which has better risk-adjusted returns?

CATY currently has the higher Sharpe Ratio (1.67 vs 1.64), 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.