BAC vs. BMO
Compare and contrast key facts about Bank of America Corporation (BAC) and Bank of Montreal (BMO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAC or BMO.
Key characteristics
| BAC | BMO | |
|---|---|---|
| YTD Return | -13.97% | -4.84% |
| 1Y Return | -20.87% | -16.70% |
| 5Y Return (Ann) | 0.98% | 5.88% |
| 10Y Return (Ann) | 9.65% | 7.59% |
| Sharpe Ratio | -0.63 | -0.60 |
| Daily Std Dev | 30.13% | 25.10% |
| Max Drawdown | -93.45% | -68.44% |
Fundamentals
| BAC | BMO | |
|---|---|---|
| Market Cap | $225.61B | $59.57B |
| EPS | $3.35 | $14.92 |
| PE Ratio | 8.45 | 5.65 |
| PEG Ratio | 87.48 | 3.50 |
| Revenue (TTM) | $94.54B | $33.38B |
| Gross Profit (TTM) | $92.41B | $33.38B |
Correlation
The correlation between BAC and BMO is 0.47, 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.
BAC vs. BMO - Performance Comparison
In the year-to-date period, BAC achieves a -13.97% return, which is significantly higher than BMO's -4.84% return. Over the past 10 years, BAC has outperformed BMO with an annualized return of 9.65%, while BMO has yielded a comparatively lower 7.59% 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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BAC vs. BMO - Dividend Comparison
BAC's dividend yield for the trailing twelve months is around 3.81%, less than BMO's 7.50% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAC Bank of America Corporation | 3.81% | 2.61% | 1.81% | 2.49% | 2.02% | 2.42% | 1.48% | 1.29% | 1.38% | 0.79% | 0.30% | 0.41% |
BMO Bank of Montreal | 7.50% | 4.74% | 3.36% | 4.54% | 4.61% | 5.47% | 4.30% | 4.64% | 6.16% | 5.58% | 6.36% | 7.15% |
BAC vs. BMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of America Corporation (BAC) and Bank of Montreal (BMO). 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 | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
BAC Bank of America Corporation | -0.63 | ||||
BMO Bank of Montreal | -0.60 |
BAC vs. BMO - Drawdown Comparison
The maximum BAC drawdown for the period was -43.75%, lower than the maximum BMO drawdown of -28.50%. The drawdown chart below compares losses from any high point along the way for BAC and BMO
BAC vs. BMO - Volatility Comparison
The current volatility for Bank of America Corporation (BAC) is 8.20%, while Bank of Montreal (BMO) has a volatility of 8.65%. This indicates that BAC experiences smaller price fluctuations and is considered to be less risky than BMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.