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BAC vs. KNOP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BACKNOP
YTD Return13.09%-10.35%
1Y Return38.72%-1.32%
3Y Return (Ann)1.75%-29.31%
5Y Return (Ann)9.19%-15.32%
10Y Return (Ann)10.51%-7.13%
Sharpe Ratio1.51-0.07
Daily Std Dev24.41%42.72%
Max Drawdown-93.45%-74.53%
Current Drawdown-18.64%-69.57%

Fundamentals


BACKNOP
Market Cap$292.35B$182.38M
EPS$3.08-$1.01
PE Ratio12.0330.39
PEG Ratio8.8010.45
Revenue (TTM)$94.19B$287.88M
Gross Profit (TTM)$92.41B$178.98M

Correlation

0.26
-1.001.00

The correlation between BAC and KNOP is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

BAC vs. KNOP - Performance Comparison

In the year-to-date period, BAC achieves a 13.09% return, which is significantly higher than KNOP's -10.35% return. Over the past 10 years, BAC has outperformed KNOP with an annualized return of 10.51%, while KNOP has yielded a comparatively lower -7.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-50.00%0.00%50.00%100.00%150.00%200.00%250.00%300.00%OctoberNovemberDecember2024FebruaryMarch
274.76%
-34.91%
BAC
KNOP

Compare stocks, funds, or ETFs


Bank of America Corporation

KNOT Offshore Partners LP

Risk-Adjusted Performance

BAC vs. KNOP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bank of America Corporation (BAC) and KNOT Offshore Partners LP (KNOP). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BAC
Bank of America Corporation
1.51
KNOP
KNOT Offshore Partners LP
-0.07

BAC vs. KNOP - Sharpe Ratio Comparison

The current BAC Sharpe Ratio is 1.51, which is higher than the KNOP Sharpe Ratio of -0.07. The chart below compares the 12-month rolling Sharpe Ratio of BAC and KNOP.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50OctoberNovemberDecember2024FebruaryMarch
1.51
-0.07
BAC
KNOP

Dividends

BAC vs. KNOP - Dividend Comparison

BAC's dividend yield for the trailing twelve months is around 2.49%, more than KNOP's 2.02% yield.


TTM20232022202120202019201820172016201520142013
BAC
Bank of America Corporation
2.49%2.73%2.60%1.75%2.38%1.87%2.19%1.32%1.13%1.19%0.67%0.26%
KNOP
KNOT Offshore Partners LP
2.02%1.81%21.60%15.57%13.81%10.50%11.60%10.02%8.81%15.05%8.07%2.68%

Drawdowns

BAC vs. KNOP - Drawdown Comparison

The maximum BAC drawdown since its inception was -93.45%, which is greater than KNOP's maximum drawdown of -74.53%. The drawdown chart below compares losses from any high point along the way for BAC and KNOP


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%OctoberNovemberDecember2024FebruaryMarch
-18.64%
-69.57%
BAC
KNOP

Volatility

BAC vs. KNOP - Volatility Comparison

The current volatility for Bank of America Corporation (BAC) is 4.83%, while KNOT Offshore Partners LP (KNOP) has a volatility of 7.89%. This indicates that BAC experiences smaller price fluctuations and is considered to be less risky than KNOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%OctoberNovemberDecember2024FebruaryMarch
4.83%
7.89%
BAC
KNOP