PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BAC vs. WFC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between BAC and WFC 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. WFC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bank of America Corporation (BAC) and Wells Fargo & Company (WFC). The values are adjusted to include any dividend payments, if applicable.

5,000.00%10,000.00%15,000.00%20,000.00%25,000.00%JulyAugustSeptemberOctoberNovemberDecember
3,039.75%
23,045.77%
BAC
WFC

Key characteristics

Sharpe Ratio

BAC:

1.64

WFC:

1.61

Sortino Ratio

BAC:

2.50

WFC:

2.43

Omega Ratio

BAC:

1.30

WFC:

1.32

Calmar Ratio

BAC:

1.16

WFC:

2.67

Martin Ratio

BAC:

6.69

WFC:

7.65

Ulcer Index

BAC:

5.58%

WFC:

6.06%

Daily Std Dev

BAC:

22.71%

WFC:

28.71%

Max Drawdown

BAC:

-93.45%

WFC:

-79.01%

Current Drawdown

BAC:

-7.02%

WFC:

-9.06%

Fundamentals

Market Cap

BAC:

$345.66B

WFC:

$235.76B

EPS

BAC:

$2.76

WFC:

$4.81

PE Ratio

BAC:

16.32

WFC:

14.72

PEG Ratio

BAC:

2.00

WFC:

3.30

Total Revenue (TTM)

BAC:

$97.40B

WFC:

$81.33B

Gross Profit (TTM)

BAC:

$58.68B

WFC:

$82.81B

EBITDA (TTM)

BAC:

$42.54B

WFC:

$50.48B

Returns By Period

In the year-to-date period, BAC achieves a 34.52% return, which is significantly lower than WFC's 46.69% return. Over the past 10 years, BAC has outperformed WFC with an annualized return of 11.77%, while WFC has yielded a comparatively lower 5.43% annualized return.


BAC

YTD

34.52%

1M

-3.57%

6M

13.21%

1Y

36.43%

5Y*

7.44%

10Y*

11.77%

WFC

YTD

46.69%

1M

-6.00%

6M

22.69%

1Y

46.81%

5Y*

8.37%

10Y*

5.43%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

BAC vs. WFC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bank of America Corporation (BAC) and Wells Fargo & Company (WFC). 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-4.00-2.000.002.001.641.61
The chart of Sortino ratio for BAC, currently valued at 2.50, compared to the broader market-4.00-2.000.002.004.002.502.43
The chart of Omega ratio for BAC, currently valued at 1.30, compared to the broader market0.501.001.502.001.301.32
The chart of Calmar ratio for BAC, currently valued at 1.16, compared to the broader market0.002.004.006.001.162.67
The chart of Martin ratio for BAC, currently valued at 6.69, compared to the broader market-5.000.005.0010.0015.0020.0025.006.697.65
BAC
WFC

The current BAC Sharpe Ratio is 1.64, which is comparable to the WFC Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of BAC and WFC, 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
1.61
BAC
WFC

Dividends

BAC vs. WFC - Dividend Comparison

BAC's dividend yield for the trailing twelve months is around 2.26%, more than WFC's 2.13% 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%
WFC
Wells Fargo & Company
2.13%2.64%2.66%1.25%4.04%3.57%3.56%2.54%2.75%2.71%2.46%2.53%

Drawdowns

BAC vs. WFC - Drawdown Comparison

The maximum BAC drawdown since its inception was -93.45%, which is greater than WFC's maximum drawdown of -79.01%. Use the drawdown chart below to compare losses from any high point for BAC and WFC. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.02%
-9.06%
BAC
WFC

Volatility

BAC vs. WFC - Volatility Comparison

The current volatility for Bank of America Corporation (BAC) is 5.47%, while Wells Fargo & Company (WFC) has a volatility of 6.78%. This indicates that BAC experiences smaller price fluctuations and is considered to be less risky than WFC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
5.47%
6.78%
BAC
WFC

Financials

BAC vs. WFC - Financials Comparison

This section allows you to compare key financial metrics between Bank of America Corporation and Wells Fargo & Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab