Correlation
The correlation between HDB and BAC 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.
HDB vs. BAC
Compare and contrast key facts about HDFC Bank Limited (HDB) and Bank of America Corporation (BAC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDB or BAC.
Performance
HDB vs. BAC - Performance Comparison
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Key characteristics
HDB:
1.27
BAC:
0.59
HDB:
1.67
BAC:
0.88
HDB:
1.24
BAC:
1.13
HDB:
1.06
BAC:
0.55
HDB:
4.33
BAC:
1.62
HDB:
7.39%
BAC:
9.28%
HDB:
26.45%
BAC:
29.00%
HDB:
-67.92%
BAC:
-93.45%
HDB:
-4.27%
BAC:
-6.98%
Fundamentals
HDB:
$192.52B
BAC:
$333.21B
HDB:
$3.25
BAC:
$3.34
HDB:
23.20
BAC:
13.21
HDB:
0.97
BAC:
1.66
HDB:
0.07
BAC:
3.42
HDB:
3.15
BAC:
1.21
HDB:
$2.07T
BAC:
$123.06B
HDB:
$2.07T
BAC:
$78.30B
HDB:
$258.70B
BAC:
$65.96B
Returns By Period
In the year-to-date period, HDB achieves a 18.06% return, which is significantly higher than BAC's 1.04% return. Over the past 10 years, HDB has underperformed BAC with an annualized return of 10.94%, while BAC has yielded a comparatively higher 12.55% annualized return.
HDB
18.06%
4.30%
12.93%
31.74%
10.98%
13.90%
10.94%
BAC
1.04%
9.86%
-6.01%
13.08%
8.73%
15.68%
12.55%
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Risk-Adjusted Performance
HDB vs. BAC — Risk-Adjusted Performance Rank
HDB
BAC
HDB vs. BAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HDFC Bank Limited (HDB) 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.
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Dividends
HDB vs. BAC - Dividend Comparison
HDB's dividend yield for the trailing twelve months is around 0.92%, less than BAC's 2.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDB HDFC Bank Limited | 0.92% | 1.09% | 2.08% | 1.74% | 0.81% | 0.00% | 0.68% | 0.55% | 0.51% | 0.70% | 0.61% | 1.97% |
BAC Bank of America Corporation | 2.31% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% |
Drawdowns
HDB vs. BAC - Drawdown Comparison
The maximum HDB drawdown since its inception was -67.92%, smaller than the maximum BAC drawdown of -93.45%. Use the drawdown chart below to compare losses from any high point for HDB and BAC.
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Volatility
HDB vs. BAC - Volatility Comparison
HDFC Bank Limited (HDB) has a higher volatility of 7.15% compared to Bank of America Corporation (BAC) at 6.55%. This indicates that HDB's price experiences larger fluctuations and is considered to be riskier than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
HDB vs. BAC - Financials Comparison
This section allows you to compare key financial metrics between HDFC Bank Limited 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.
Total Revenue: Total amount of money received from sales and other business activities
HDB vs. BAC - Profitability Comparison
HDB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, HDFC Bank Limited reported a gross profit of 613.22B and revenue of 613.22B. Therefore, the gross margin over that period was 100.0%.
BAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Bank of America Corporation reported a gross profit of 27.37B and revenue of 46.99B. Therefore, the gross margin over that period was 58.2%.
HDB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, HDFC Bank Limited reported an operating income of 528.05B and revenue of 613.22B, resulting in an operating margin of 86.1%.
BAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Bank of America Corporation reported an operating income of 9.60B and revenue of 46.99B, resulting in an operating margin of 20.4%.
HDB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, HDFC Bank Limited reported a net income of 176.57B and revenue of 613.22B, resulting in a net margin of 28.8%.
BAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Bank of America Corporation reported a net income of 7.40B and revenue of 46.99B, resulting in a net margin of 15.7%.