BAC vs. METU
BAC (Bank of America Corporation) is a stock, while METU (Direxion Daily META Bull 2X ETF) is Leveraged Equities fund actively managed by Direxion. Over the past year, BAC returned 30.78% vs -45.28% for METU. At a 0.26 correlation, their price movements are largely independent.
Performance
BAC vs. METU - Performance Comparison
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Returns By Period
In the year-to-date period, BAC achieves a 3.72% return, which is significantly higher than METU's -34.42% 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%
METU
- 1D
- -0.71%
- 1M
- -16.47%
- YTD
- -34.42%
- 6M
- -31.54%
- 1Y
- -45.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BAC vs. METU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BAC Bank of America Corporation | 3.72% | 28.04% | 12.79% |
METU Direxion Daily META Bull 2X ETF | -34.42% | -1.01% | 28.79% |
Correlation
The correlation between BAC and METU is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2024 | 0.26 |
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Return for Risk
BAC vs. METU — Risk / Return Rank
BAC
METU
BAC vs. METU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of America Corporation (BAC) and Direxion Daily META Bull 2X ETF (METU). 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 | METU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.02 | ||
| Sortino ratioReturn per unit of downside risk | +2.61 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.90 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | -0.77 | +2.40 |
| Martin ratioReturn relative to average drawdown | 4.21 | -1.36 | +5.58 |
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Drawdowns
BAC vs. METU - Drawdown Comparison
The maximum BAC drawdown since its inception was -93.10%, which is greater than METU's maximum drawdown of -61.85%. Use the drawdown chart below to compare losses from any high point for BAC and METU.
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Drawdown Indicators
| BAC | METU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.10% | -61.85% | -31.25% |
Max Drawdown (1Y)Largest decline over 1 year | -17.93% | -61.52% | +43.59% |
Max Drawdown (3Y)Largest decline over 3 years | -27.51% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -46.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -48.95% | — | — |
Current DrawdownCurrent decline from peak | -0.36% | -58.08% | +57.72% |
Average DrawdownAverage peak-to-trough decline | -28.30% | -23.93% | -4.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.96% | 34.46% | -27.50% |
Volatility
BAC vs. METU - Volatility Comparison
The current volatility for Bank of America Corporation (BAC) is 5.49%, while Direxion Daily META Bull 2X ETF (METU) has a volatility of 20.46%. This indicates that BAC experiences smaller price fluctuations and is considered to be less risky than METU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BAC | METU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 20.46% | -14.97% |
Volatility (6M)Calculated over the trailing 6-month period | 16.57% | 54.04% | -37.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.62% | 70.96% | -49.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.89% | 72.35% | -45.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.68% | 72.35% | -41.67% |
Dividends
BAC vs. METU - Dividend Comparison
BAC's dividend yield for the trailing twelve months is around 2.72%, less than METU's 4.71% 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% |
METU Direxion Daily META Bull 2X ETF | 4.71% | 3.00% | 1.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BAC and METU have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
METU has higher volatility (20.46%) compared to BAC (5.49%). In terms of maximum drawdown, BAC dropped -93.10% vs METU's -61.85%.
BAC currently has the higher Sharpe Ratio (1.36 vs -0.66), 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.
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