ING vs. USB
ING (ING Groep N.V.) and USB (U.S. Bancorp) are both stocks. Both are in the Financial Services sector — ING in Banks - Diversified, USB in Banks - Regional. Over the past 10 years, ING returned 15.28%/yr vs 6.10%/yr for USB. At a 0.49 correlation, their price movements are largely independent.
Performance
ING vs. USB - Performance Comparison
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Returns By Period
In the year-to-date period, ING achieves a 12.86% return, which is significantly higher than USB's 0.62% return. Over the past 10 years, ING has outperformed USB with an annualized return of 15.28%, while USB has yielded a comparatively lower 6.10% annualized return.
ING
- 1D
- -1.90%
- 1M
- 9.46%
- YTD
- 12.86%
- 6M
- 19.97%
- 1Y
- 52.43%
- 3Y*
- 42.65%
- 5Y*
- 26.09%
- 10Y*
- 15.28%
USB
- 1D
- -2.67%
- 1M
- -3.80%
- YTD
- 0.62%
- 6M
- 6.44%
- 1Y
- 24.82%
- 3Y*
- 24.40%
- 5Y*
- 1.67%
- 10Y*
- 6.10%
ING vs. USB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ING ING Groep N.V. | 12.86% | 91.12% | 12.25% | 31.88% | -4.22% | 55.41% | -21.66% | 20.03% | -41.15% | 35.53% |
USB U.S. Bancorp | 0.62% | 16.48% | 15.62% | 4.79% | -19.13% | 24.32% | -17.85% | 33.62% | -12.36% | 6.61% |
Correlation
The correlation between ING and USB is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 1996 | 0.49 |
The correlation between ING and USB has been stable across timeframes, ranging from 0.46 to 0.56 - a consistent structural relationship.
Fundamentals
ING:
$87.95B
USB:
$82.63B
ING:
$2.17
USB:
$5.02
ING:
14.04
USB:
10.59
ING:
2.16
USB:
1.91
ING:
1.73
USB:
1.40
ING:
$41.73B
USB:
$43.34B
ING:
$40.40B
USB:
$27.22B
ING:
$9.28B
USB:
$10.34B
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Return for Risk
ING vs. USB — Risk / Return Rank
ING
USB
ING vs. USB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ING Groep N.V. (ING) and U.S. Bancorp (USB). 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.
| ING | USB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.21 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 1.54 | +1.11 |
| Martin ratioReturn relative to average drawdown | 8.78 | 3.84 | +4.94 |
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
| ING | USB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 1.14 | +0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.06 | +0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.20 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.33 | -0.20 |
Drawdowns
ING vs. USB - Drawdown Comparison
The maximum ING drawdown since its inception was -92.73%, which is greater than USB's maximum drawdown of -76.08%. Use the drawdown chart below to compare losses from any high point for ING and USB.
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Drawdown Indicators
| ING | USB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.73% | -76.08% | -16.65% |
Max Drawdown (1Y)Largest decline over 1 year | -19.86% | -16.21% | -3.65% |
Max Drawdown (3Y)Largest decline over 3 years | -19.86% | -30.63% | +10.77% |
Max Drawdown (5Y)Largest decline over 5 years | -43.39% | -52.13% | +8.74% |
Max Drawdown (10Y)Largest decline over 10 years | -75.27% | -52.13% | -23.14% |
Current DrawdownCurrent decline from peak | -2.84% | -11.54% | +8.70% |
Average DrawdownAverage peak-to-trough decline | -45.83% | -14.19% | -31.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.99% | 6.48% | -0.49% |
Volatility
ING vs. USB - Volatility Comparison
ING Groep N.V. (ING) has a higher volatility of 8.39% compared to U.S. Bancorp (USB) at 6.79%. This indicates that ING's price experiences larger fluctuations and is considered to be riskier than USB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ING | USB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.39% | 6.79% | +1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 20.87% | 16.39% | +4.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.79% | 22.01% | +3.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.22% | 29.75% | +1.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.97% | 30.27% | +4.70% |
Dividends
ING vs. USB - Dividend Comparison
ING's dividend yield for the trailing twelve months is around 4.88%, more than USB's 3.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ING ING Groep N.V. | 4.88% | 4.78% | 7.65% | 5.86% | 7.16% | 5.09% | 0.00% | 5.92% | 2.63% | 3.28% | 4.24% | 2.58% |
USB U.S. Bancorp | 3.88% | 3.82% | 4.14% | 4.46% | 4.31% | 3.13% | 3.61% | 2.66% | 2.93% | 2.16% | 2.08% | 2.37% |
Financials
ING vs. USB - Financials Comparison
This section allows you to compare key financial metrics between ING Groep N.V. and U.S. 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
ING vs. USB - Profitability Comparison
ING - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ING Groep N.V. reported a gross profit of 5.48B and revenue of 5.82B. Therefore, the gross margin over that period was 94.1%.
USB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, U.S. Bancorp reported a gross profit of 6.68B and revenue of 10.84B. Therefore, the gross margin over that period was 61.7%.
ING - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ING Groep N.V. reported an operating income of 2.26B and revenue of 5.82B, resulting in an operating margin of 38.8%.
USB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, U.S. Bancorp reported an operating income of 2.69B and revenue of 10.84B, resulting in an operating margin of 24.8%.
ING - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ING Groep N.V. reported a net income of 1.56B and revenue of 5.82B, resulting in a net margin of 26.7%.
USB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, U.S. Bancorp reported a net income of 1.95B and revenue of 10.84B, resulting in a net margin of 18.0%.
Frequently Asked Questions
ING and USB have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ING has higher volatility (8.39%) compared to USB (6.79%). In terms of maximum drawdown, ING dropped -92.73% vs USB's -76.08%.
ING currently has the higher Sharpe Ratio (2.05 vs 1.14), 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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