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CASH vs CHTR: Correlation

Pathward Financial, Inc. (CASH) and Charter Communications (CHTR) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.47
moderate
Correlation (1Y)
0.54
last 12 months
Correlation (5Y)
0.44
long-run
Ann. covariance
567.3
%² · weekly, annualized

How correlated are CASH and CHTR?

Over the past 3 years, CASH and CHTR moved with a correlation of 0.47, which is moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 567.3 %².

Among the 12 assets we track against CASH, CHTR ranks #6 by 3-year correlation. The last year tells two different stories: CASH led by 47.0 percentage points, +2.1% for CASH against -44.9% for CHTR.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

CASH vs CHTR: side by side

CASH (Pathward Financial, Inc.)CHTR (Charter Communications)
1-year return+2.1%-44.9%
5-year return+71.2%-81.8%
Volatility (ann.)29.4%41.3%
Beta vs S&P 5000.840.74
Max drawdown (3Y)-22.2%-72.9%
Market cap$1.7B$20.0B
P/E (trailing)10.34.0
Dividend yield0.24%0.00%
Sector / categoryUS ListedCommunication Services
Lower P/E: CHTR 4.0 vs 10.3Higher yield: CASH 0.24% vs 0.00%Smaller drawdown: CASH -22.2% vs -72.9%Higher 5y return: CASH +71.2% vs -81.8%
-53%0%+30%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CASH · CHTR

Year-by-year returns

YearCASHCHTR
2022-27.5%-48.0%
2023+23.4%+14.6%
2024+39.5%-11.8%
2025-3.2%-39.1%
2026+15.0%-28.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CASH and CHTR good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between CASH and CHTR?

Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.54 over the last year and 0.44 over 5 years.

Is CHTR a good diversifier for CASH?

Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.47 mean?

A reading of 0.47 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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CASH vs CHTR: 3-year weekly correlation 0.47CASH vs CHTR0.47

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Hubs: CASH correlations · CHTR correlations