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BAC vs. BMO

Last updated May 27, 2023

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


BACBMO
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 Dev30.13%25.10%
Max Drawdown-93.45%-68.44%

Fundamentals


BACBMO
Market Cap$225.61B$59.57B
EPS$3.35$14.92
PE Ratio8.455.65
PEG Ratio87.483.50
Revenue (TTM)$94.54B$33.38B
Gross Profit (TTM)$92.41B$33.38B

Correlation

0.47
-1.001.00

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.


0.00%500.00%1,000.00%1,500.00%2,000.00%2,500.00%3,000.00%3,500.00%December2023FebruaryMarchAprilMay
386.15%
2,817.26%
BAC
BMO

Compare stocks, funds, or ETFs


Bank of America Corporation

Bank of Montreal

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.


TTM20222021202020192018201720162015201420132012
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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BAC
Bank of America Corporation
-0.63
BMO
Bank of Montreal
-0.60

BAC vs. BMO - Sharpe Ratio Comparison

The current BAC Sharpe Ratio is -0.63, which roughly equals the BMO Sharpe Ratio of -0.60. The chart below compares the 12-month rolling Sharpe Ratio of BAC and BMO.


-1.20-1.00-0.80-0.60-0.40-0.200.00December2023FebruaryMarchAprilMay
-0.63
-0.60
BAC
BMO

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


-45.00%-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%December2023FebruaryMarchAprilMay
-40.95%
-27.29%
BAC
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.


4.00%6.00%8.00%10.00%12.00%14.00%December2023FebruaryMarchAprilMay
8.20%
8.65%
BAC
BMO