USB vs. KEY
USB (U.S. Bancorp) and KEY (KeyCorp) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, USB returned 7.82%/yr vs 12.07%/yr for KEY. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
USB vs. KEY - Performance Comparison
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Returns By Period
In the year-to-date period, USB achieves a 11.11% return, which is significantly lower than KEY's 12.81% return. Over the past 10 years, USB has underperformed KEY with an annualized return of 7.82%, while KEY has yielded a comparatively higher 12.07% annualized return.
USB
- 1D
- 0.93%
- 1M
- 7.02%
- YTD
- 11.11%
- 6M
- 9.09%
- 1Y
- 41.30%
- 3Y*
- 28.40%
- 5Y*
- 5.36%
- 10Y*
- 7.82%
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%
USB vs. KEY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USB U.S. Bancorp | 11.11% | 16.48% | 15.62% | 4.79% | -19.13% | 24.32% | -17.85% | 33.62% | -12.36% | 6.61% |
KEY KeyCorp | 12.81% | 26.22% | 25.34% | -11.53% | -21.69% | 45.92% | -14.50% | 42.72% | -24.61% | 12.74% |
Correlation
The correlation between USB and KEY is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.62 |
The correlation between USB and KEY shifts across timeframes, from 0.62 (all time) to 0.82 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
USB:
$91.25B
KEY:
$24.75B
USB:
$5.02
KEY:
$1.78
USB:
11.69
KEY:
12.85
USB:
2.11
KEY:
2.23
USB:
1.55
KEY:
1.42
USB:
$43.34B
KEY:
$11.22B
USB:
$27.22B
KEY:
$7.20B
USB:
$10.34B
KEY:
$2.51B
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Return for Risk
USB vs. KEY — Risk / Return Rank
USB
KEY
USB vs. KEY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for U.S. Bancorp (USB) and KeyCorp (KEY). 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.
| USB | KEY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.34 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 2.67 | -0.11 |
| Martin ratioReturn relative to average drawdown | 6.34 | 7.26 | -0.93 |
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Drawdowns
USB vs. KEY - Drawdown Comparison
The maximum USB drawdown since its inception was -76.08%, smaller than the maximum KEY drawdown of -87.08%. Use the drawdown chart below to compare losses from any high point for USB and KEY.
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Drawdown Indicators
| USB | KEY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.08% | -87.08% | +11.00% |
Max Drawdown (1Y)Largest decline over 1 year | -16.21% | -17.76% | +1.55% |
Max Drawdown (3Y)Largest decline over 3 years | -30.63% | -32.21% | +1.58% |
Max Drawdown (5Y)Largest decline over 5 years | -52.13% | -65.23% | +13.10% |
Max Drawdown (10Y)Largest decline over 10 years | -52.13% | -65.23% | +13.10% |
Current DrawdownCurrent decline from peak | -2.31% | 0.00% | -2.31% |
Average DrawdownAverage peak-to-trough decline | -15.62% | -32.85% | +17.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 6.52% | +0.02% |
Volatility
USB vs. KEY - Volatility Comparison
U.S. Bancorp (USB) has a higher volatility of 7.75% compared to KeyCorp (KEY) at 6.39%. This indicates that USB's price experiences larger fluctuations and is considered to be riskier than KEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USB | KEY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.75% | 6.39% | +1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 16.93% | 16.95% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.33% | 23.88% | -1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.77% | 37.92% | -8.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.34% | 39.82% | -9.48% |
Dividends
USB vs. KEY - Dividend Comparison
USB's dividend yield for the trailing twelve months is around 3.51%, less than KEY's 3.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
USB U.S. Bancorp | 3.51% | 3.82% | 4.14% | 4.46% | 4.31% | 3.13% | 3.61% | 2.66% | 2.93% | 2.16% | 2.08% | 2.37% |
Financials
USB vs. KEY - Financials Comparison
This section allows you to compare key financial metrics between U.S. Bancorp and KeyCorp. 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
USB vs. KEY - Profitability Comparison
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%.
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%.
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%.
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%.
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%.
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%.
Frequently Asked Questions
USB and KEY have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USB has higher volatility (7.75%) compared to KEY (6.39%). In terms of maximum drawdown, USB dropped -76.08% vs KEY's -87.08%.
KEY currently has the higher Sharpe Ratio (1.99 vs 1.86), 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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