KEY vs. QSR
KEY (KeyCorp) and QSR (Restaurant Brands International Inc.) are both stocks. KEY operates in Banks - Regional (Financial Services), while QSR operates in Restaurants (Consumer Cyclical). Over the past 10 years, KEY returned 11.49%/yr vs 8.30%/yr for QSR. At a 0.29 correlation, their price movements are largely independent.
Performance
KEY vs. QSR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KEY achieves a 14.20% return, which is significantly higher than QSR's 9.20% return. Over the past 10 years, KEY has outperformed QSR with an annualized return of 11.49%, while QSR has yielded a comparatively lower 8.30% annualized return.
KEY
- 1D
- 0.70%
- 1M
- 1.23%
- 6M
- 8.67%
- YTD
- 14.20%
- 1Y
- 28.74%
- 3Y*
- 33.14%
- 5Y*
- 9.06%
- 10Y*
- 11.49%
- ALL TIME*
- 6.09%
QSR
- 1D
- -0.85%
- 1M
- 2.79%
- 6M
- 9.54%
- YTD
- 9.20%
- 1Y
- 6.39%
- 3Y*
- 1.46%
- 5Y*
- 5.74%
- 10Y*
- 8.30%
- ALL TIME*
- 9.42%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
KEY KeyCorp | $271.57M | $264.51M | $255.19M |
| $193.10M | $225.34M | $259.47M |
KEY vs. QSR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KEY KeyCorp | 14.20% | 26.22% | 25.34% | -11.53% | -21.69% | 45.92% | -14.50% | 42.72% | -24.61% | 12.74% |
QSR Restaurant Brands International Inc. | 9.20% | 8.64% | -13.80% | 24.64% | 10.72% | 2.72% | -0.34% | 25.61% | -12.15% | 30.69% |
Correlation
The correlation between KEY and QSR is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2014 | 0.29 |
Over the past year, the correlation between KEY and QSR has dropped to 0.08 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.
Fundamentals
KEY:
$24.94B
QSR:
$25.38B
KEY:
$1.87
QSR:
$2.09
KEY:
12.38
QSR:
35.07
KEY:
2.40
QSR:
3.49
KEY:
1.43
QSR:
8.98
KEY:
$10.48B
QSR:
$9.59B
KEY:
$6.76B
QSR:
$3.17B
KEY:
$1.90B
QSR:
$2.49B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KEY vs. QSR — Risk / Return Rank
KEY
QSR
KEY vs. QSR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KeyCorp (KEY) and Restaurant Brands International Inc. (QSR). 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 | QSR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.07 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 0.49 | +1.13 |
| Martin ratioReturn relative to average drawdown | 4.41 | 0.98 | +3.43 |
Loading charts...
Drawdowns
KEY vs. QSR - Drawdown Comparison
The maximum KEY drawdown since its inception was -87.08%, which is greater than QSR's maximum drawdown of -63.03%. Use the drawdown chart below to compare losses from any high point for KEY and QSR.
Loading charts...
Drawdown Indicators
| KEY | QSR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.08% | -63.03% | -24.05% |
Max Drawdown (1Y)Largest decline over 1 year | -17.76% | -13.04% | -4.72% |
Max Drawdown (3Y)Largest decline over 3 years | -32.21% | -24.53% | -7.68% |
Max Drawdown (5Y)Largest decline over 5 years | -65.23% | -29.27% | -35.96% |
Max Drawdown (10Y)Largest decline over 10 years | -65.23% | -63.03% | -2.20% |
Current DrawdownCurrent decline from peak | -3.67% | -9.57% | +5.90% |
Average DrawdownAverage peak-to-trough decline | -32.78% | -12.01% | -20.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 6.63% | -0.09% |
Volatility
KEY vs. QSR - Volatility Comparison
The current volatility for KeyCorp (KEY) is 6.09%, while Restaurant Brands International Inc. (QSR) has a volatility of 8.31%. This indicates that KEY experiences smaller price fluctuations and is considered to be less risky than QSR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KEY | QSR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.09% | 8.31% | -2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 17.39% | 18.78% | -1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.76% | 24.16% | -0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.72% | 22.90% | +14.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.66% | 27.53% | +12.13% |
Dividends
KEY vs. QSR - Dividend Comparison
KEY's dividend yield for the trailing twelve months is around 3.55%, more than QSR's 3.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KEY KeyCorp | 3.55% | 3.97% | 4.78% | 5.69% | 4.54% | 3.24% | 4.51% | 3.51% | 3.82% | 1.88% | 1.81% | 3.83% |
QSR Restaurant Brands International Inc. | 3.47% | 3.63% | 3.56% | 2.82% | 3.34% | 3.49% | 3.40% | 3.14% | 3.44% | 1.27% | 1.30% | 1.18% |
Financials
KEY vs. QSR - Financials Comparison
This section allows you to compare key financial metrics between KeyCorp and Restaurant Brands International Inc.. 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
KEY vs. QSR - Profitability Comparison
KEY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, KeyCorp reported a gross profit of 1.25B and revenue of 2.06B. Therefore, the gross margin over that period was 60.7%.
QSR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Restaurant Brands International Inc. reported a gross profit of 0.00 and revenue of 2.26B. Therefore, the gross margin over that period was 0.0%.
KEY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, KeyCorp reported an operating income of -59.00M and revenue of 2.06B, resulting in an operating margin of -2.9%.
QSR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Restaurant Brands International Inc. reported an operating income of 606.00M and revenue of 2.26B, resulting in an operating margin of 26.8%.
KEY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, KeyCorp reported a net income of 509.00M and revenue of 2.06B, resulting in a net margin of 24.7%.
QSR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Restaurant Brands International Inc. reported a net income of 338.00M and revenue of 2.26B, resulting in a net margin of 14.9%.
Frequently Asked Questions
KEY and QSR have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QSR has higher volatility (8.31%) compared to KEY (6.09%). In terms of maximum drawdown, KEY dropped -87.08% vs QSR's -63.03%.
KEY currently has the higher Sharpe Ratio (1.22 vs 0.27), 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.
Find the right allocation for KEY and QSR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer