WAFD vs. USB
WAFD (Washington Federal, Inc.) and USB (U.S. Bancorp) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, WAFD returned 6.56%/yr vs 6.10%/yr for USB. At a 0.49 correlation, their price movements are largely independent.
Performance
WAFD vs. USB - Performance Comparison
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Returns By Period
In the year-to-date period, WAFD achieves a 9.63% return, which is significantly higher than USB's 0.62% return. Over the past 10 years, WAFD has outperformed USB with an annualized return of 6.56%, while USB has yielded a comparatively lower 6.10% annualized return.
WAFD
- 1D
- -2.23%
- 1M
- -1.15%
- YTD
- 9.63%
- 6M
- 9.26%
- 1Y
- 23.91%
- 3Y*
- 10.67%
- 5Y*
- 3.88%
- 10Y*
- 6.56%
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%
WAFD vs. USB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WAFD Washington Federal, Inc. | 9.63% | 2.99% | 1.09% | 1.74% | 3.39% | 33.50% | -27.26% | 40.64% | -20.30% | 2.26% |
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 WAFD and USB is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.49 |
The correlation between WAFD and USB shifts across timeframes, from 0.49 (all time) to 0.71 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
WAFD:
$2.61B
USB:
$82.63B
WAFD:
$3.24
USB:
$5.02
WAFD:
10.65
USB:
10.59
WAFD:
2.59
USB:
1.91
WAFD:
$1.04B
USB:
$43.34B
WAFD:
$557.58M
USB:
$27.22B
WAFD:
$224.92M
USB:
$10.34B
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Return for Risk
WAFD vs. USB — Risk / Return Rank
WAFD
USB
WAFD vs. USB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Washington Federal, Inc. (WAFD) 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.
| WAFD | USB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.21 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 1.54 | +0.32 |
| Martin ratioReturn relative to average drawdown | 5.53 | 3.84 | +1.69 |
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
| WAFD | USB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.14 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.06 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.20 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.33 | -0.13 |
Drawdowns
WAFD vs. USB - Drawdown Comparison
The maximum WAFD drawdown since its inception was -61.56%, smaller than the maximum USB drawdown of -76.08%. Use the drawdown chart below to compare losses from any high point for WAFD and USB.
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Drawdown Indicators
| WAFD | USB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.56% | -76.08% | +14.52% |
Max Drawdown (1Y)Largest decline over 1 year | -12.90% | -16.21% | +3.31% |
Max Drawdown (3Y)Largest decline over 3 years | -34.63% | -30.63% | -4.00% |
Max Drawdown (5Y)Largest decline over 5 years | -36.01% | -52.13% | +16.12% |
Max Drawdown (10Y)Largest decline over 10 years | -45.53% | -52.13% | +6.60% |
Current DrawdownCurrent decline from peak | -3.89% | -11.54% | +7.65% |
Average DrawdownAverage peak-to-trough decline | -15.97% | -14.19% | -1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.34% | 6.48% | -2.14% |
Volatility
WAFD vs. USB - Volatility Comparison
The current volatility for Washington Federal, Inc. (WAFD) is 5.39%, while U.S. Bancorp (USB) has a volatility of 6.79%. This indicates that WAFD experiences smaller price fluctuations and is considered to be less risky 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
| WAFD | USB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 6.79% | -1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 17.52% | 16.39% | +1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.38% | 22.01% | +2.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.28% | 29.75% | +0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.12% | 30.27% | +0.85% |
Dividends
WAFD vs. USB - Dividend Comparison
WAFD's dividend yield for the trailing twelve months is around 3.12%, less than USB's 3.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WAFD Washington Federal, Inc. | 3.12% | 3.37% | 3.23% | 3.03% | 2.86% | 2.76% | 3.42% | 2.24% | 2.62% | 2.48% | 1.63% | 2.18% |
Financials
WAFD vs. USB - Financials Comparison
This section allows you to compare key financial metrics between Washington Federal, Inc. 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
Frequently Asked Questions
WAFD and USB have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USB has higher volatility (6.79%) compared to WAFD (5.39%). In terms of maximum drawdown, WAFD dropped -61.56% vs USB's -76.08%.
USB currently has the higher Sharpe Ratio (1.14 vs 0.99), 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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