KEY vs. CMA

Last updated Jun 23, 2026

KEY (KeyCorp) and CMA (Comerica Incorporated) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. A 0.71 correlation means they provide meaningful diversification when combined.

Performance

KEY vs. CMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KeyCorp (KEY) and Comerica Incorporated (CMA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KEY

• 1D: 1.06%
• 1M: 6.94%
• YTD: 12.81%
• 6M: 9.78%
• 1Y: 47.25%
• 3Y*: 41.78%
• 5Y*: 7.16%
• 10Y*: 12.07%

CMA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KEY vs. CMA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KEY KeyCorp	12.81%	26.22%	25.34%	-11.53%	-21.69%	45.92%	-14.50%	42.72%	-24.61%	12.74%
CMA Comerica Incorporated	2.00%	46.73%	16.74%	-11.09%	-20.38%	61.53%	-16.79%	8.46%	-19.18%	29.34%

Correlation

The correlation between KEY and CMA is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990	0.71

The correlation between KEY and CMA shifts across timeframes, from 0.54 (1 year) to 0.85 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap KEY : $24.75B CMA : $11.79B
EPS KEY : $1.78 CMA : $5.44
PE Ratio KEY : 12.85 CMA : 16.31
PS Ratio KEY : 2.23 CMA : 2.46
PB Ratio KEY : 1.42 CMA : 1.61
Total Revenue (TTM) KEY : $11.22B CMA : $4.80B
Gross Profit (TTM) KEY : $7.20B CMA : $3.27B
EBITDA (TTM) KEY : $2.51B CMA : $989.00M

Return for Risk

KEY vs. CMA — Risk / Return Rank

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

KEY

KEY Risk / Return Rank: 84
KEY Sharpe Ratio Rank: 88
KEY Sortino Ratio Rank: 85
KEY Omega Ratio Rank: 84
KEY Calmar Ratio Rank: 81
KEY Martin Ratio Rank: 83

CMA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

KEY vs. CMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KeyCorp (KEY) and Comerica Incorporated (CMA). 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.

	KEY	CMA	Difference
Sharpe ratio: Return per unit of total volatility	1.99	—	—
Sortino ratio: Return per unit of downside risk	2.58	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.67	—	—
Martin ratio: Return relative to average drawdown	7.26	—	—

Drawdowns

Drawdown Indicators

	KEY	CMA	Difference
Max Drawdown Largest peak-to-trough decline	-87.08%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.76%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-32.21%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-65.23%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-65.23%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-32.85%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.52%	—	—

Volatility

Volatility by Period

	KEY	CMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.88%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.92%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.82%	—	—

Dividends

KEY vs. CMA - Dividend Comparison

KEY's dividend yield for the trailing twelve months is around 3.59%, while CMA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMA Comerica Incorporated	1.60%	3.27%	4.59%	5.09%	4.07%	3.13%	4.87%	3.74%	2.68%	1.26%	1.31%	1.98%
KEY KeyCorp	3.59%	3.97%	4.78%	5.69%	4.54%	3.24%	4.51%	3.51%	3.82%	1.88%	1.81%	3.83%

Financials

KEY vs. CMA - Profitability Comparison

The chart below illustrates the profitability comparison between KeyCorp and Comerica Incorporated over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KEY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KeyCorp reported a gross profit of 1.84B and revenue of 2.73B. Therefore, the gross margin over that period was 67.4%.

CMA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Comerica Incorporated reported a gross profit of 836.00M and revenue of 1.21B. Therefore, the gross margin over that period was 69.4%.

KEY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KeyCorp reported an operating income of 701.00M and revenue of 2.73B, resulting in an operating margin of 25.7%.

CMA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Comerica Incorporated reported an operating income of 219.00M and revenue of 1.21B, resulting in an operating margin of 18.2%.

KEY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KeyCorp reported a net income of 522.00M and revenue of 2.73B, resulting in a net margin of 19.1%.

CMA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Comerica Incorporated reported a net income of 176.00M and revenue of 1.21B, resulting in a net margin of 14.6%.

Frequently Asked Questions

Can I hold both KEY and CMA in my portfolio?

KEY and CMA have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.