ALL vs. BNY

Last updated Jun 9, 2026

ALL (The Allstate Corporation) and BNY (The Bank of New York Mellon Corporation) are both stocks. Both are in the Financial Services sector — ALL in Insurance - Property & Casualty, BNY in Banks - Diversified. Over the past 10 years, ALL returned 14.79%/yr vs 16.08%/yr for BNY. At a 0.47 correlation, their price movements are largely independent.

Performance

ALL vs. BNY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Allstate Corporation (ALL) and The Bank of New York Mellon Corporation (BNY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALL achieves a 4.37% return, which is significantly lower than BNY's 23.16% return. Over the past 10 years, ALL has underperformed BNY with an annualized return of 14.79%, while BNY has yielded a comparatively higher 16.08% annualized return.

ALL

• 1D: -2.71%
• 1M: 1.41%
• YTD: 4.37%
• 6M: 8.15%
• 1Y: 5.93%
• 3Y*: 27.04%
• 5Y*: 12.75%
• 10Y*: 14.79%

BNY

• 1D: -0.43%
• 1M: 8.64%
• YTD: 23.16%
• 6M: 24.93%
• 1Y: 59.92%
• 3Y*: 51.12%
• 5Y*: 26.33%
• 10Y*: 16.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ALL vs. BNY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALL The Allstate Corporation	4.37%	10.09%	40.61%	6.37%	18.37%	9.86%	-0.12%	38.82%	-19.52%	43.64%
BNY The Bank of New York Mellon Corporation	23.16%	54.45%	51.90%	18.52%	-19.14%	40.55%	-12.91%	9.56%	-10.85%	15.68%

Correlation

The correlation between ALL and BNY is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jun 3, 1993	0.47

Over the past year, the correlation between ALL and BNY has dropped to 0.09 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.

Fundamentals

Market Cap ALL : $56.46B BNY : $98.99B
EPS ALL : $45.76 BNY : $8.43
PE Ratio ALL : 4.70 BNY : 16.81
PEG Ratio ALL : 0.13 BNY : 0.83
PS Ratio ALL : 0.85 BNY : 2.47
PB Ratio ALL : 1.91 BNY : 2.51
Total Revenue (TTM) ALL : $67.14B BNY : $40.65B
Gross Profit (TTM) ALL : $19.06B BNY : $20.54B
EBITDA (TTM) ALL : $13.09B BNY : $8.96B

Return for Risk

ALL vs. BNY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALL

ALL Risk / Return Rank: 49
ALL Sharpe Ratio Rank: 51
ALL Sortino Ratio Rank: 44
ALL Omega Ratio Rank: 43
ALL Calmar Ratio Rank: 54
ALL Martin Ratio Rank: 56

BNY

BNY Risk / Return Rank: 94
BNY Sharpe Ratio Rank: 95
BNY Sortino Ratio Rank: 94
BNY Omega Ratio Rank: 93
BNY Calmar Ratio Rank: 94
BNY Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALL vs. BNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Allstate Corporation (ALL) and The Bank of New York Mellon Corporation (BNY). 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.

	ALL	BNY	Difference
Sharpe ratio: Return per unit of total volatility	0.25	3.03	-2.78
Sortino ratio: Return per unit of downside risk	0.51	3.76	-3.25
Omega ratio: Gain probability vs. loss probability	1.06	1.49	-0.43
Calmar ratio: Return relative to maximum drawdown	0.52	5.93	-5.42
Martin ratio: Return relative to average drawdown	1.33	16.81	-15.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALL vs. BNY - Sharpe Ratio Comparison

The current ALL Sharpe Ratio is 0.25, which is lower than the BNY Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of ALL and BNY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ALL	BNY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.25	3.03	-2.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	1.08	-0.57
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.60	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.36	+0.01

Drawdowns

ALL vs. BNY - Drawdown Comparison

The maximum ALL drawdown since its inception was -77.03%, which is greater than BNY's maximum drawdown of -72.28%. Use the drawdown chart below to compare losses from any high point for ALL and BNY.

Drawdown Indicators

	ALL	BNY	Difference
Max Drawdown Largest peak-to-trough decline	-77.03%	-72.28%	-4.75%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-10.15%	-1.33%
Max Drawdown (3Y) Largest decline over 3 years	-14.11%	-17.58%	+3.47%
Max Drawdown (5Y) Largest decline over 5 years	-27.35%	-40.45%	+13.10%
Max Drawdown (10Y) Largest decline over 10 years	-41.39%	-50.49%	+9.10%
Current Drawdown Current decline from peak	-3.75%	-1.56%	-2.19%
Average Drawdown Average peak-to-trough decline	-16.44%	-18.71%	+2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.81%	3.58%	+1.23%

Volatility

ALL vs. BNY - Volatility Comparison

The Allstate Corporation (ALL) has a higher volatility of 8.09% compared to The Bank of New York Mellon Corporation (BNY) at 4.88%. This indicates that ALL's price experiences larger fluctuations and is considered to be riskier than BNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALL	BNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.09%	4.88%	+3.21%
Volatility (6M) Calculated over the trailing 6-month period	17.07%	15.93%	+1.14%
Volatility (1Y) Calculated over the trailing 1-year period	23.82%	19.89%	+3.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.44%	24.60%	+0.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.94%	27.05%	-2.11%

Dividends

ALL vs. BNY - Dividend Comparison

ALL's dividend yield for the trailing twelve months is around 2.40%, more than BNY's 1.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALL The Allstate Corporation	2.40%	1.92%	1.91%	2.54%	2.51%	2.75%	1.96%	1.78%	2.23%	1.41%	1.78%	1.93%
BNY The Bank of New York Mellon Corporation	1.50%	1.72%	2.32%	3.04%	3.12%	2.24%	2.92%	2.34%	2.21%	1.60%	1.52%	1.65%

Financials

ALL vs. BNY - Profitability Comparison

The chart below illustrates the profitability comparison between The Allstate Corporation and The Bank of New York Mellon Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ALL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Allstate Corporation reported a gross profit of 0.00 and revenue of 16.94B. Therefore, the gross margin over that period was 0.0%.

BNY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a gross profit of 5.42B and revenue of 9.86B. Therefore, the gross margin over that period was 54.9%.

ALL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Allstate Corporation reported an operating income of 0.00 and revenue of 16.94B, resulting in an operating margin of 0.0%.

BNY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported an operating income of 2.02B and revenue of 9.86B, resulting in an operating margin of 20.4%.

ALL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Allstate Corporation reported a net income of 2.46B and revenue of 16.94B, resulting in a net margin of 14.5%.

BNY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a net income of 1.63B and revenue of 9.86B, resulting in a net margin of 16.6%.

Frequently Asked Questions

Can I hold both ALL and BNY in my portfolio?

ALL and BNY have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALL or BNY?

ALL has higher volatility (8.09%) compared to BNY (4.88%). In terms of maximum drawdown, ALL dropped -77.03% vs BNY's -72.28%.

Which has better risk-adjusted returns?

BNY currently has the higher Sharpe Ratio (3.03 vs 0.25), 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.