ZION vs. SCHW
ZION (Zions Bancorporation, National Association) and SCHW (The Charles Schwab Corporation) are both stocks. Both are in the Financial Services sector — ZION in Banks - Regional, SCHW in Capital Markets. Over the past 10 years, ZION returned 11.04%/yr vs 12.91%/yr for SCHW. At a 0.45 correlation, their price movements are largely independent.
Performance
ZION vs. SCHW - Performance Comparison
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Returns By Period
In the year-to-date period, ZION achieves a 5.33% return, which is significantly higher than SCHW's -12.73% return. Over the past 10 years, ZION has underperformed SCHW with an annualized return of 11.04%, while SCHW has yielded a comparatively higher 12.91% annualized return.
ZION
- 1D
- -2.03%
- 1M
- -1.43%
- YTD
- 5.33%
- 6M
- 12.48%
- 1Y
- 29.99%
- 3Y*
- 32.54%
- 5Y*
- 4.44%
- 10Y*
- 11.04%
SCHW
- 1D
- -1.16%
- 1M
- -5.01%
- YTD
- -12.73%
- 6M
- -7.23%
- 1Y
- -0.35%
- 3Y*
- 18.44%
- 5Y*
- 4.09%
- 10Y*
- 12.91%
ZION vs. SCHW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZION Zions Bancorporation, National Association | 5.33% | 11.58% | 28.19% | -6.29% | -20.02% | 49.11% | -13.17% | 31.00% | -18.25% | 19.29% |
SCHW The Charles Schwab Corporation | -12.73% | 36.65% | 9.17% | -15.97% | 0.11% | 60.23% | 13.57% | 16.38% | -18.43% | 31.15% |
Correlation
The correlation between ZION and SCHW is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.45 |
The correlation between ZION and SCHW shifts across timeframes, from 0.37 (1 year) to 0.65 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ZION:
$8.93B
SCHW:
$151.71B
ZION:
$6.54
SCHW:
$5.26
ZION:
9.29
SCHW:
16.46
ZION:
1.89
SCHW:
6.41
ZION:
1.24
SCHW:
56.19K
ZION:
$4.74B
SCHW:
$24.17B
ZION:
$2.54B
SCHW:
$18.86B
ZION:
$992.96M
SCHW:
$13.11B
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Return for Risk
ZION vs. SCHW — Risk / Return Rank
ZION
SCHW
ZION vs. SCHW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Zions Bancorporation, National Association (ZION) and The Charles Schwab Corporation (SCHW). 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.
| ZION | SCHW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.02 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | -0.02 | +1.48 |
| Martin ratioReturn relative to average drawdown | 4.13 | -0.04 | +4.18 |
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
| ZION | SCHW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | -0.01 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.13 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.39 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.42 | -0.17 |
Drawdowns
ZION vs. SCHW - Drawdown Comparison
The maximum ZION drawdown since its inception was -92.20%, which is greater than SCHW's maximum drawdown of -86.79%. Use the drawdown chart below to compare losses from any high point for ZION and SCHW.
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Drawdown Indicators
| ZION | SCHW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.20% | -86.79% | -5.41% |
Max Drawdown (1Y)Largest decline over 1 year | -20.66% | -19.83% | -0.83% |
Max Drawdown (3Y)Largest decline over 3 years | -32.43% | -27.11% | -5.32% |
Max Drawdown (5Y)Largest decline over 5 years | -72.23% | -49.70% | -22.53% |
Max Drawdown (10Y)Largest decline over 10 years | -72.23% | -51.08% | -21.15% |
Current DrawdownCurrent decline from peak | -5.56% | -18.67% | +13.11% |
Average DrawdownAverage peak-to-trough decline | -32.45% | -35.55% | +3.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.28% | 8.05% | -0.77% |
Volatility
ZION vs. SCHW - Volatility Comparison
The current volatility for Zions Bancorporation, National Association (ZION) is 6.70%, while The Charles Schwab Corporation (SCHW) has a volatility of 8.01%. This indicates that ZION experiences smaller price fluctuations and is considered to be less risky than SCHW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZION | SCHW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.70% | 8.01% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 19.13% | 19.73% | -0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.56% | 23.94% | +6.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.66% | 32.24% | +10.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.58% | 33.42% | +6.16% |
Dividends
ZION vs. SCHW - Dividend Comparison
ZION's dividend yield for the trailing twelve months is around 2.96%, more than SCHW's 1.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHW The Charles Schwab Corporation | 1.36% | 1.08% | 1.35% | 1.45% | 1.01% | 0.86% | 1.36% | 1.43% | 1.11% | 0.62% | 0.68% | 0.73% |
ZION Zions Bancorporation, National Association | 2.96% | 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. SCHW - Financials Comparison
This section allows you to compare key financial metrics between Zions Bancorporation, National Association and The Charles Schwab 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. SCHW - 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%.
SCHW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Charles Schwab Corporation reported a gross profit of 1.03B and revenue of 3.14B. Therefore, the gross margin over that period was 32.7%.
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%.
SCHW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Charles Schwab Corporation reported an operating income of -730.00M and revenue of 3.14B, resulting in an operating margin of -23.2%.
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%.
SCHW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Charles Schwab Corporation reported a net income of 2.48B and revenue of 3.14B, resulting in a net margin of 78.9%.
Frequently Asked Questions
ZION and SCHW have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHW has higher volatility (8.01%) compared to ZION (6.70%). In terms of maximum drawdown, ZION dropped -92.20% vs SCHW's -86.79%.
ZION currently has the higher Sharpe Ratio (0.99 vs -0.01), 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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