BAC vs. XLF
Compare and contrast key facts about Bank of America Corporation (BAC) and Financial Select Sector SPDR Fund (XLF).
XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAC or XLF.
Performance
BAC vs. XLF - Performance Comparison
Returns By Period
In the year-to-date period, BAC achieves a 40.71% return, which is significantly higher than XLF's 34.95% return. Over the past 10 years, BAC has outperformed XLF with an annualized return of 12.79%, while XLF has yielded a comparatively lower 11.90% annualized return.
BAC
40.71%
9.83%
20.11%
61.18%
9.68%
12.79%
XLF
34.95%
6.41%
22.22%
44.58%
13.14%
11.90%
Key characteristics
| BAC | XLF | |
|---|---|---|
| Sharpe Ratio | 2.59 | 3.27 |
| Sortino Ratio | 3.82 | 4.61 |
| Omega Ratio | 1.46 | 1.59 |
| Calmar Ratio | 1.63 | 3.79 |
| Martin Ratio | 11.14 | 23.39 |
| Ulcer Index | 5.47% | 1.93% |
| Daily Std Dev | 23.53% | 13.82% |
| Max Drawdown | -93.45% | -82.69% |
| Current Drawdown | -0.62% | 0.00% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between BAC and XLF is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
BAC vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of America Corporation (BAC) and Financial Select Sector SPDR Fund (XLF). 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.
Dividends
BAC vs. XLF - Dividend Comparison
BAC's dividend yield for the trailing twelve months is around 2.11%, more than XLF's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAC Bank of America Corporation | 2.11% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% | 0.26% |
XLF Financial Select Sector SPDR Fund | 1.33% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 1.95% | 1.61% | 1.47% |
Drawdowns
BAC vs. XLF - Drawdown Comparison
The maximum BAC drawdown since its inception was -93.45%, which is greater than XLF's maximum drawdown of -82.69%. Use the drawdown chart below to compare losses from any high point for BAC and XLF. For additional features, visit the drawdowns tool.
Volatility
BAC vs. XLF - Volatility Comparison
Bank of America Corporation (BAC) has a higher volatility of 9.45% compared to Financial Select Sector SPDR Fund (XLF) at 7.09%. This indicates that BAC's price experiences larger fluctuations and is considered to be riskier than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.