BK vs. BAC
Compare and contrast key facts about The Bank of New York Mellon Corporation (BK) and Bank of America Corporation (BAC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BK or BAC.
Key characteristics
| BK | BAC | |
|---|---|---|
| YTD Return | 4.55% | 3.73% |
| 1Y Return | 26.56% | 17.81% |
| 3Y Return (Ann) | 8.81% | -1.54% |
| 5Y Return (Ann) | 5.40% | 5.52% |
| 10Y Return (Ann) | 7.41% | 10.11% |
| Sharpe Ratio | 0.99 | 0.87 |
| Daily Std Dev | 21.03% | 24.36% |
| Max Drawdown | -72.42% | -93.45% |
| Current Drawdown | -9.12% | -25.37% |
Fundamentals
| BK | BAC | |
|---|---|---|
| Market Cap | $43.38B | $299.21B |
| EPS | $3.87 | $3.08 |
| PE Ratio | 14.89 | 12.31 |
| PEG Ratio | 0.61 | 9.00 |
| Revenue (TTM) | $17.38B | $94.19B |
| Gross Profit (TTM) | $16.34B | $92.41B |
Correlation
The correlation between BK and BAC is 0.59, 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
BK vs. BAC - Performance Comparison
In the year-to-date period, BK achieves a 4.55% return, which is significantly higher than BAC's 3.73% return. Over the past 10 years, BK has underperformed BAC with an annualized return of 7.41%, while BAC has yielded a comparatively higher 10.11% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BK vs. BAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of New York Mellon Corporation (BK) and Bank of America Corporation (BAC). 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
BK vs. BAC - Dividend Comparison
BK's dividend yield for the trailing twelve months is around 3.02%, more than BAC's 2.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BK The Bank of New York Mellon Corporation | 3.02% | 3.04% | 3.12% | 2.24% | 2.92% | 2.34% | 2.21% | 1.60% | 1.52% | 1.65% | 1.63% | 1.66% |
BAC Bank of America Corporation | 2.71% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% | 0.26% |
Drawdowns
BK vs. BAC - Drawdown Comparison
The maximum BK drawdown since its inception was -72.42%, smaller than the maximum BAC drawdown of -93.45%. Use the drawdown chart below to compare losses from any high point for BK and BAC. For additional features, visit the drawdowns tool.
Volatility
BK vs. BAC - Volatility Comparison
The current volatility for The Bank of New York Mellon Corporation (BK) is 5.50%, while Bank of America Corporation (BAC) has a volatility of 7.00%. This indicates that BK experiences smaller price fluctuations and is considered to be less risky than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.