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

Key characteristics


BACSCHD
YTD Return13.09%6.21%
1Y Return38.72%16.75%
3Y Return (Ann)1.75%6.45%
5Y Return (Ann)9.19%12.79%
10Y Return (Ann)10.51%11.66%
Sharpe Ratio1.511.47
Daily Std Dev24.41%11.53%
Max Drawdown-93.45%-33.37%
Current Drawdown-18.64%0.00%

Correlation

0.63
-1.001.00

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.

Performance

BAC vs. SCHD - Performance Comparison

In the year-to-date period, BAC achieves a 13.09% return, which is significantly higher than SCHD's 6.21% return. Over the past 10 years, BAC has underperformed SCHD with an annualized return of 10.51%, while SCHD has yielded a comparatively higher 11.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


300.00%400.00%500.00%600.00%OctoberNovemberDecember2024FebruaryMarch
619.14%
371.17%
BAC
SCHD

Compare stocks, funds, or ETFs


Bank of America Corporation

Schwab US Dividend Equity ETF

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BAC
Bank of America Corporation
1.51
SCHD
Schwab US Dividend Equity ETF
1.47

BAC vs. SCHD - Sharpe Ratio Comparison

The current BAC Sharpe Ratio is 1.51, which roughly equals the SCHD Sharpe Ratio of 1.47. The chart below compares the 12-month rolling Sharpe Ratio of BAC and SCHD.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50OctoberNovemberDecember2024FebruaryMarch
1.51
1.47
BAC
SCHD

Dividends

BAC vs. SCHD - Dividend Comparison

BAC's dividend yield for the trailing twelve months is around 2.49%, less than SCHD's 3.33% 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%
SCHD
Schwab US Dividend Equity ETF
3.33%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%. The drawdown chart below compares losses from any high point along the way for BAC and SCHD


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-18.64%
0
BAC
SCHD

Volatility

BAC vs. SCHD - Volatility Comparison

Bank of America Corporation (BAC) has a higher volatility of 4.83% compared to Schwab US Dividend Equity ETF (SCHD) at 2.69%. 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%OctoberNovemberDecember2024FebruaryMarch
4.83%
2.69%
BAC
SCHD