BAC vs. IWN
BAC (Bank of America Corporation) is a stock, while IWN (iShares Russell 2000 Value ETF) is Small Cap Value Equities fund tracking the Russell 2000 Value Index. Over the past 10 years, BAC returned 18.19%/yr vs 10.58%/yr for IWN. A 0.64 correlation means they provide meaningful diversification when combined.
Performance
BAC vs. IWN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BAC achieves a 3.72% return, which is significantly lower than IWN's 20.82% return. Over the past 10 years, BAC has outperformed IWN with an annualized return of 18.19%, while IWN has yielded a comparatively lower 10.58% annualized return.
BAC
- 1D
- 2.31%
- 1M
- 13.98%
- YTD
- 3.72%
- 6M
- 3.46%
- 1Y
- 30.78%
- 3Y*
- 27.43%
- 5Y*
- 8.79%
- 10Y*
- 18.19%
IWN
- 1D
- 1.17%
- 1M
- 6.00%
- YTD
- 20.82%
- 6M
- 17.48%
- 1Y
- 44.79%
- 3Y*
- 17.41%
- 5Y*
- 6.89%
- 10Y*
- 10.58%
BAC vs. IWN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BAC Bank of America Corporation | 3.72% | 28.04% | 33.85% | 4.83% | -23.82% | 49.61% | -11.63% | 46.19% | -15.00% | 35.69% |
IWN iShares Russell 2000 Value ETF | 20.82% | 12.40% | 7.63% | 14.56% | -14.77% | 27.96% | 4.66% | 22.01% | -13.01% | 7.69% |
Correlation
The correlation between BAC and IWN is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2000 | 0.64 |
The correlation between BAC and IWN shifts across timeframes, from 0.53 (1 year) to 0.69 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BAC vs. IWN — Risk / Return Rank
BAC
IWN
BAC vs. IWN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of America Corporation (BAC) and iShares Russell 2000 Value ETF (IWN). 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.
| BAC | IWN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.40 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 5.02 | -3.39 |
| Martin ratioReturn relative to average drawdown | 4.21 | 16.91 | -12.70 |
Loading charts...
Drawdowns
BAC vs. IWN - Drawdown Comparison
The maximum BAC drawdown since its inception was -93.10%, which is greater than IWN's maximum drawdown of -61.55%. Use the drawdown chart below to compare losses from any high point for BAC and IWN.
Loading charts...
Drawdown Indicators
| BAC | IWN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.10% | -61.55% | -31.55% |
Max Drawdown (1Y)Largest decline over 1 year | -17.93% | -8.45% | -9.48% |
Max Drawdown (3Y)Largest decline over 3 years | -27.51% | -26.70% | -0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -46.64% | -26.70% | -19.94% |
Max Drawdown (10Y)Largest decline over 10 years | -48.95% | -46.08% | -2.87% |
Current DrawdownCurrent decline from peak | -0.36% | 0.00% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -28.30% | -10.15% | -18.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.96% | 2.51% | +4.45% |
Volatility
BAC vs. IWN - Volatility Comparison
The current volatility for Bank of America Corporation (BAC) is 5.49%, while iShares Russell 2000 Value ETF (IWN) has a volatility of 5.80%. This indicates that BAC experiences smaller price fluctuations and is considered to be less risky than IWN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BAC | IWN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 5.80% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 16.57% | 12.25% | +4.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.62% | 18.09% | +3.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.89% | 21.47% | +5.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.68% | 23.41% | +7.27% |
Dividends
BAC vs. IWN - Dividend Comparison
BAC's dividend yield for the trailing twelve months is around 2.72%, more than IWN's 1.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAC Bank of America Corporation | 2.72% | 1.96% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% |
IWN iShares Russell 2000 Value ETF | 1.42% | 1.70% | 1.80% | 2.04% | 2.12% | 1.48% | 1.60% | 1.92% | 1.99% | 1.78% | 1.74% | 2.15% |
Frequently Asked Questions
BAC and IWN have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWN has higher volatility (5.80%) compared to BAC (5.49%). In terms of maximum drawdown, BAC dropped -93.10% vs IWN's -61.55%.
IWN currently has the higher Sharpe Ratio (2.35 vs 1.36), 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.
Find the right allocation for BAC and IWN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer