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BK vs. BAC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

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.


-0.50.00.51.00.6

Performance

BK vs. BAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Bank of New York Mellon Corporation (BK) and Bank of America Corporation (BAC). 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
23,586.30%
3,039.75%
BK
BAC

Key characteristics

Sharpe Ratio

BK:

3.23

BAC:

1.64

Sortino Ratio

BK:

4.27

BAC:

2.50

Omega Ratio

BK:

1.56

BAC:

1.30

Calmar Ratio

BK:

4.02

BAC:

1.16

Martin Ratio

BK:

29.58

BAC:

6.69

Ulcer Index

BK:

1.92%

BAC:

5.58%

Daily Std Dev

BK:

17.65%

BAC:

22.71%

Max Drawdown

BK:

-72.42%

BAC:

-93.45%

Current Drawdown

BK:

-5.19%

BAC:

-7.02%

Fundamentals

Market Cap

BK:

$57.04B

BAC:

$345.66B

EPS

BK:

$4.47

BAC:

$2.76

PE Ratio

BK:

17.55

BAC:

16.32

PEG Ratio

BK:

0.71

BAC:

2.00

Total Revenue (TTM)

BK:

$17.95B

BAC:

$97.40B

Gross Profit (TTM)

BK:

$17.86B

BAC:

$58.68B

EBITDA (TTM)

BK:

$6.74B

BAC:

$42.54B

Returns By Period

In the year-to-date period, BK achieves a 53.46% return, which is significantly higher than BAC's 34.52% return. Over the past 10 years, BK has underperformed BAC with an annualized return of 9.18%, while BAC has yielded a comparatively higher 11.77% annualized return.


BK

YTD

53.46%

1M

-0.32%

6M

33.78%

1Y

55.40%

5Y*

12.36%

10Y*

9.18%

BAC

YTD

34.52%

1M

-3.57%

6M

13.21%

1Y

36.43%

5Y*

7.44%

10Y*

11.77%

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

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.


Sharpe ratio
The chart of Sharpe ratio for BK, currently valued at 3.23, compared to the broader market-4.00-2.000.002.003.231.64
The chart of Sortino ratio for BK, currently valued at 4.27, compared to the broader market-4.00-2.000.002.004.004.272.50
The chart of Omega ratio for BK, currently valued at 1.56, compared to the broader market0.501.001.502.001.561.30
The chart of Calmar ratio for BK, currently valued at 4.02, compared to the broader market0.002.004.006.004.021.16
The chart of Martin ratio for BK, currently valued at 29.58, compared to the broader market-5.000.005.0010.0015.0020.0025.0029.586.69
BK
BAC

The current BK Sharpe Ratio is 3.23, which is higher than the BAC Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of BK and BAC, 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 Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
3.23
1.64
BK
BAC

Dividends

BK vs. BAC - Dividend Comparison

BK's dividend yield for the trailing twelve months is around 2.29%, more than BAC's 2.26% yield.


TTM20232022202120202019201820172016201520142013
BK
The Bank of New York Mellon Corporation
2.29%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
2.26%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.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.19%
-7.02%
BK
BAC

Volatility

BK vs. BAC - Volatility Comparison

The Bank of New York Mellon Corporation (BK) and Bank of America Corporation (BAC) have volatilities of 5.59% and 5.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.59%
5.47%
BK
BAC

Financials

BK vs. BAC - Financials Comparison

This section allows you to compare key financial metrics between The Bank of New York Mellon Corporation and Bank of America Corporation. 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
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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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