FAST vs. BNY
FAST (Fastenal Company) and BNY (The Bank of New York Mellon Corporation) are both stocks. FAST operates in Industrial Distribution (Industrials), while BNY operates in Banks - Diversified (Financial Services). Over the past 10 years, FAST returned 18.53%/yr vs 16.57%/yr for BNY. At a 0.36 correlation, their price movements are largely independent.
Performance
FAST vs. BNY - Performance Comparison
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Returns By Period
In the year-to-date period, FAST achieves a 17.31% return, which is significantly lower than BNY's 25.07% return. Over the past 10 years, FAST has outperformed BNY with an annualized return of 18.53%, while BNY has yielded a comparatively lower 16.57% annualized return.
FAST
- 1D
- 0.39%
- 1M
- 6.40%
- YTD
- 17.31%
- 6M
- 12.06%
- 1Y
- 10.93%
- 3Y*
- 21.28%
- 5Y*
- 14.88%
- 10Y*
- 18.53%
BNY
- 1D
- 1.33%
- 1M
- 6.66%
- YTD
- 25.07%
- 6M
- 24.06%
- 1Y
- 63.51%
- 3Y*
- 52.23%
- 5Y*
- 26.82%
- 10Y*
- 16.57%
FAST vs. BNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAST Fastenal Company | 17.31% | 13.98% | 13.53% | 41.31% | -24.34% | 34.06% | 36.60% | 45.08% | -1.61% | 19.66% |
BNY The Bank of New York Mellon Corporation | 25.07% | 54.45% | 51.90% | 18.52% | -19.14% | 40.55% | -12.91% | 9.56% | -10.85% | 15.68% |
Correlation
The correlation between FAST and BNY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.36 |
The correlation between FAST and BNY shifts across timeframes, from 0.24 (1 year) to 0.39 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
FAST:
$53.60B
BNY:
$100.52B
FAST:
$1.13
BNY:
$8.43
FAST:
41.23
BNY:
17.07
FAST:
4.84
BNY:
0.84
FAST:
6.35
BNY:
2.50
FAST:
13.43
BNY:
2.55
FAST:
$8.44B
BNY:
$40.65B
FAST:
$3.79B
BNY:
$20.54B
FAST:
$1.80B
BNY:
$8.96B
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Return for Risk
FAST vs. BNY — Risk / Return Rank
FAST
BNY
FAST vs. BNY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fastenal Company (FAST) and The Bank of New York Mellon Corporation (BNY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAST | BNY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.73 | ||
| Sortino ratioReturn per unit of downside risk | -3.10 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.51 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 6.29 | -5.79 |
| Martin ratioReturn relative to average drawdown | 1.00 | 17.79 | -16.79 |
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Drawdowns
FAST vs. BNY - Drawdown Comparison
The maximum FAST drawdown since its inception was -63.43%, smaller than the maximum BNY drawdown of -72.28%. Use the drawdown chart below to compare losses from any high point for FAST and BNY.
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Drawdown Indicators
| FAST | BNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.43% | -72.28% | +8.85% |
Max Drawdown (1Y)Largest decline over 1 year | -21.90% | -10.15% | -11.75% |
Max Drawdown (3Y)Largest decline over 3 years | -21.90% | -17.58% | -4.32% |
Max Drawdown (5Y)Largest decline over 5 years | -30.71% | -40.45% | +9.74% |
Max Drawdown (10Y)Largest decline over 10 years | -30.71% | -50.49% | +19.78% |
Current DrawdownCurrent decline from peak | -6.09% | -0.03% | -6.06% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -18.71% | +6.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.97% | 3.58% | +7.39% |
Volatility
FAST vs. BNY - Volatility Comparison
Fastenal Company (FAST) has a higher volatility of 6.20% compared to The Bank of New York Mellon Corporation (BNY) at 5.74%. This indicates that FAST's price experiences larger fluctuations and is considered to be riskier than BNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAST | BNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 5.74% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 19.27% | 16.13% | +3.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.90% | 20.11% | +4.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.31% | 24.61% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.77% | 27.06% | -0.29% |
Dividends
FAST vs. BNY - Dividend Comparison
FAST's dividend yield for the trailing twelve months is around 1.98%, more than BNY's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNY The Bank of New York Mellon Corporation | 1.47% | 1.72% | 2.32% | 3.04% | 3.12% | 2.24% | 2.92% | 2.34% | 2.21% | 1.60% | 1.52% | 1.65% |
FAST Fastenal Company | 1.98% | 2.18% | 2.17% | 2.75% | 2.62% | 1.75% | 2.87% | 2.35% | 2.95% | 2.34% | 2.55% | 2.74% |
Financials
FAST vs. BNY - Financials Comparison
This section allows you to compare key financial metrics between Fastenal Company and The Bank of New York Mellon 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.
Total Revenue: Total amount of money received from sales and other business activities
FAST vs. BNY - Profitability Comparison
FAST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported a gross profit of 982.90M and revenue of 2.20B. Therefore, the gross margin over that period was 44.6%.
BNY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a gross profit of 5.42B and revenue of 9.86B. Therefore, the gross margin over that period was 54.9%.
FAST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported an operating income of 447.60M and revenue of 2.20B, resulting in an operating margin of 20.3%.
BNY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported an operating income of 2.02B and revenue of 9.86B, resulting in an operating margin of 20.4%.
FAST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported a net income of 339.80M and revenue of 2.20B, resulting in a net margin of 15.4%.
BNY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a net income of 1.63B and revenue of 9.86B, resulting in a net margin of 16.6%.
Frequently Asked Questions
FAST and BNY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FAST has higher volatility (6.20%) compared to BNY (5.74%). In terms of maximum drawdown, FAST dropped -63.43% vs BNY's -72.28%.
BNY currently has the higher Sharpe Ratio (3.17 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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