ZION vs. WAL
Compare and contrast key facts about Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZION or WAL.
Correlation
The correlation between ZION and WAL is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ZION vs. WAL - Performance Comparison
Key characteristics
ZION:
0.28
WAL:
0.41
ZION:
0.69
WAL:
0.88
ZION:
1.09
WAL:
1.12
ZION:
0.26
WAL:
0.35
ZION:
1.01
WAL:
1.72
ZION:
10.81%
WAL:
10.69%
ZION:
38.40%
WAL:
44.58%
ZION:
-92.20%
WAL:
-92.14%
ZION:
-34.23%
WAL:
-42.52%
Fundamentals
ZION:
$6.40B
WAL:
$7.21B
ZION:
$4.95
WAL:
$7.09
ZION:
8.76
WAL:
9.20
ZION:
1.83
WAL:
1.84
ZION:
2.09
WAL:
2.39
ZION:
1.07
WAL:
1.14
ZION:
$3.35B
WAL:
$2.69B
ZION:
$3.60B
WAL:
$3.36B
ZION:
$305.00M
WAL:
$555.80M
Returns By Period
In the year-to-date period, ZION achieves a -19.45% return, which is significantly higher than WAL's -21.56% return. Over the past 10 years, ZION has underperformed WAL with an annualized return of 7.42%, while WAL has yielded a comparatively higher 9.54% annualized return.
ZION
-19.45%
-11.29%
-13.82%
13.49%
12.21%
7.42%
WAL
-21.56%
-15.36%
-28.24%
20.30%
18.64%
9.54%
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Risk-Adjusted Performance
ZION vs. WAL — Risk-Adjusted Performance Rank
ZION
WAL
ZION vs. WAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL). 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.
Dividends
ZION vs. WAL - Dividend Comparison
ZION's dividend yield for the trailing twelve months is around 3.87%, more than WAL's 2.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZION Zions Bancorporation, National Association | 3.87% | 3.06% | 3.74% | 3.21% | 2.28% | 3.13% | 2.47% | 2.55% | 0.87% | 0.65% | 0.81% | 0.56% |
WAL Western Alliance Bancorporation | 2.30% | 1.78% | 2.20% | 2.38% | 1.11% | 1.67% | 0.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ZION vs. WAL - Drawdown Comparison
The maximum ZION drawdown since its inception was -92.20%, roughly equal to the maximum WAL drawdown of -92.14%. Use the drawdown chart below to compare losses from any high point for ZION and WAL. For additional features, visit the drawdowns tool.
Volatility
ZION vs. WAL - Volatility Comparison
The current volatility for Zions Bancorporation, National Association (ZION) is 20.19%, while Western Alliance Bancorporation (WAL) has a volatility of 24.64%. This indicates that ZION experiences smaller price fluctuations and is considered to be less risky than WAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ZION vs. WAL - Financials Comparison
This section allows you to compare key financial metrics between Zions Bancorporation, National Association and Western Alliance Bancorporation. 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