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

Correlation

The correlation between BAC and SCHD is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

BAC vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bank of America Corporation (BAC) and Schwab US Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

400.00%500.00%600.00%700.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
755.46%
394.81%
BAC
SCHD

Key characteristics

Sharpe Ratio

BAC:

1.64

SCHD:

1.20

Sortino Ratio

BAC:

2.50

SCHD:

1.76

Omega Ratio

BAC:

1.30

SCHD:

1.21

Calmar Ratio

BAC:

1.16

SCHD:

1.69

Martin Ratio

BAC:

6.69

SCHD:

5.86

Ulcer Index

BAC:

5.58%

SCHD:

2.30%

Daily Std Dev

BAC:

22.71%

SCHD:

11.25%

Max Drawdown

BAC:

-93.45%

SCHD:

-33.37%

Current Drawdown

BAC:

-7.02%

SCHD:

-6.72%

Returns By Period

In the year-to-date period, BAC achieves a 34.52% return, which is significantly higher than SCHD's 11.54% return. Over the past 10 years, BAC has outperformed SCHD with an annualized return of 11.77%, while SCHD has yielded a comparatively lower 10.86% annualized return.


BAC

YTD

34.52%

1M

-3.57%

6M

13.21%

1Y

36.43%

5Y*

7.44%

10Y*

11.77%

SCHD

YTD

11.54%

1M

-4.06%

6M

7.86%

1Y

12.63%

5Y*

10.97%

10Y*

10.86%

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Risk-Adjusted Performance

BAC vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bank of America Corporation (BAC) and Schwab US Dividend Equity ETF (SCHD). 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 ratio
The chart of Sharpe ratio for BAC, currently valued at 1.64, compared to the broader market-4.00-2.000.002.001.641.20
The chart of Sortino ratio for BAC, currently valued at 2.50, compared to the broader market-4.00-2.000.002.004.002.501.76
The chart of Omega ratio for BAC, currently valued at 1.30, compared to the broader market0.501.001.502.001.301.21
The chart of Calmar ratio for BAC, currently valued at 1.16, compared to the broader market0.002.004.006.001.161.69
The chart of Martin ratio for BAC, currently valued at 6.69, compared to the broader market-5.000.005.0010.0015.0020.0025.006.695.86
BAC
SCHD

The current BAC Sharpe Ratio is 1.64, which is higher than the SCHD Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of BAC and SCHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.64
1.20
BAC
SCHD

Dividends

BAC vs. SCHD - Dividend Comparison

BAC's dividend yield for the trailing twelve months is around 2.26%, less than SCHD's 3.64% yield.


TTM20232022202120202019201820172016201520142013
BAC
Bank of America Corporation
2.26%2.73%2.60%1.75%2.38%1.87%2.19%1.32%1.13%1.19%0.67%0.26%
SCHD
Schwab US Dividend Equity ETF
3.64%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%

Drawdowns

BAC vs. SCHD - Drawdown Comparison

The maximum BAC drawdown since its inception was -93.45%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for BAC and SCHD. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.02%
-6.72%
BAC
SCHD

Volatility

BAC vs. SCHD - Volatility Comparison

Bank of America Corporation (BAC) has a higher volatility of 5.47% compared to Schwab US Dividend Equity ETF (SCHD) at 3.88%. This indicates that BAC's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.47%
3.88%
BAC
SCHD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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