ZION vs. RF
ZION (Zions Bancorporation, National Association) and RF (Regions Financial Corporation) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, ZION returned 12.68%/yr vs 16.36%/yr for RF. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
ZION vs. RF - Performance Comparison
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Returns By Period
In the year-to-date period, ZION achieves a 14.71% return, which is significantly higher than RF's 7.64% return. Over the past 10 years, ZION has underperformed RF with an annualized return of 12.68%, while RF has yielded a comparatively higher 16.36% annualized return.
ZION
- 1D
- 0.03%
- 1M
- 9.88%
- YTD
- 14.71%
- 6M
- 12.75%
- 1Y
- 41.33%
- 3Y*
- 37.06%
- 5Y*
- 9.36%
- 10Y*
- 12.68%
RF
- 1D
- -0.10%
- 1M
- 7.65%
- YTD
- 7.64%
- 6M
- 6.12%
- 1Y
- 35.55%
- 3Y*
- 22.38%
- 5Y*
- 13.03%
- 10Y*
- 16.36%
ZION vs. RF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZION Zions Bancorporation, National Association | 14.71% | 11.58% | 28.19% | -6.29% | -20.02% | 49.11% | -13.17% | 31.00% | -18.25% | 19.29% |
RF Regions Financial Corporation | 7.64% | 21.99% | 27.00% | -5.69% | 2.33% | 39.39% | -1.61% | 33.35% | -20.59% | 22.95% |
Correlation
The correlation between ZION and RF is 0.86, 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 | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.63 |
Over the past year, ZION and RF have become more correlated (0.86) than their long-term average of 0.63, meaning their price movements have been converging.
Fundamentals
ZION:
$9.73B
RF:
$24.84B
ZION:
$6.54
RF:
$2.51
ZION:
10.12
RF:
11.39
ZION:
2.05
RF:
2.63
ZION:
1.35
RF:
1.43
ZION:
$4.74B
RF:
$9.62B
ZION:
$2.54B
RF:
$7.29B
ZION:
$992.96M
RF:
$2.90B
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Return for Risk
ZION vs. RF — Risk / Return Rank
ZION
RF
ZION vs. RF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Zions Bancorporation, National Association (ZION) and Regions Financial Corporation (RF). 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.
| ZION | RF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.26 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 1.94 | +0.07 |
| Martin ratioReturn relative to average drawdown | 5.71 | 4.60 | +1.11 |
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Drawdowns
ZION vs. RF - Drawdown Comparison
The maximum ZION drawdown since its inception was -92.20%, roughly equal to the maximum RF drawdown of -92.65%. Use the drawdown chart below to compare losses from any high point for ZION and RF.
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Drawdown Indicators
| ZION | RF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.20% | -92.65% | +0.45% |
Max Drawdown (1Y)Largest decline over 1 year | -20.66% | -18.45% | -2.21% |
Max Drawdown (3Y)Largest decline over 3 years | -32.43% | -32.35% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -72.23% | -40.99% | -31.24% |
Max Drawdown (10Y)Largest decline over 10 years | -72.23% | -60.73% | -11.50% |
Current DrawdownCurrent decline from peak | -1.61% | -5.75% | +4.14% |
Average DrawdownAverage peak-to-trough decline | -32.41% | -31.05% | -1.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.26% | 7.74% | -0.48% |
Volatility
ZION vs. RF - Volatility Comparison
Zions Bancorporation, National Association (ZION) and Regions Financial Corporation (RF) have volatilities of 6.72% and 7.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZION | RF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 7.04% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 19.08% | 17.85% | +1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.43% | 24.71% | +5.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.56% | 31.35% | +11.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.56% | 35.91% | +3.65% |
Dividends
ZION vs. RF - Dividend Comparison
ZION's dividend yield for the trailing twelve months is around 2.72%, less than RF's 3.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RF Regions Financial Corporation | 3.70% | 5.12% | 4.17% | 4.54% | 3.43% | 2.98% | 3.85% | 3.44% | 3.44% | 1.82% | 1.78% | 2.40% |
ZION Zions Bancorporation, National Association | 2.72% | 3.01% | 3.06% | 3.74% | 3.21% | 2.28% | 3.13% | 2.47% | 2.55% | 0.87% | 0.65% | 0.81% |
Financials
ZION vs. RF - Financials Comparison
This section allows you to compare key financial metrics between Zions Bancorporation, National Association and Regions Financial Corporation. 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
ZION vs. RF - Profitability Comparison
ZION - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zions Bancorporation, National Association reported a gross profit of 0.00 and revenue of 996.00M. Therefore, the gross margin over that period was 0.0%.
RF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Regions Financial Corporation reported a gross profit of 1.78B and revenue of 2.33B. Therefore, the gross margin over that period was 76.6%.
ZION - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zions Bancorporation, National Association reported an operating income of 0.00 and revenue of 996.00M, resulting in an operating margin of 0.0%.
RF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Regions Financial Corporation reported an operating income of 714.00M and revenue of 2.33B, resulting in an operating margin of 30.7%.
ZION - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zions Bancorporation, National Association reported a net income of 233.00M and revenue of 996.00M, resulting in a net margin of 23.4%.
RF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Regions Financial Corporation reported a net income of 559.00M and revenue of 2.33B, resulting in a net margin of 24.0%.
Frequently Asked Questions
ZION and RF have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RF has higher volatility (7.04%) compared to ZION (6.72%). In terms of maximum drawdown, ZION dropped -92.20% vs RF's -92.65%.
RF currently has the higher Sharpe Ratio (1.45 vs 1.37), 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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