HSBA.L vs. BAC
Compare and contrast key facts about HSBC Holdings plc (HSBA.L) and Bank of America Corporation (BAC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSBA.L or BAC.
Correlation
The correlation between HSBA.L and BAC is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HSBA.L vs. BAC - Performance Comparison
Key characteristics
HSBA.L:
1.82
BAC:
1.71
HSBA.L:
2.19
BAC:
2.57
HSBA.L:
1.36
BAC:
1.31
HSBA.L:
3.38
BAC:
1.20
HSBA.L:
10.32
BAC:
6.86
HSBA.L:
3.74%
BAC:
5.65%
HSBA.L:
21.20%
BAC:
22.70%
HSBA.L:
-61.71%
BAC:
-93.45%
HSBA.L:
0.00%
BAC:
-2.73%
Fundamentals
HSBA.L:
£140.76B
BAC:
$337.22B
HSBA.L:
£0.97
BAC:
$2.76
HSBA.L:
8.10
BAC:
15.92
HSBA.L:
3.26
BAC:
1.95
HSBA.L:
£54.53B
BAC:
$76.54B
HSBA.L:
£50.46B
BAC:
$37.82B
HSBA.L:
-£814.00M
BAC:
$38.91B
Returns By Period
In the year-to-date period, HSBA.L achieves a 0.75% return, which is significantly lower than BAC's 5.14% return. Over the past 10 years, HSBA.L has underperformed BAC with an annualized return of 9.04%, while BAC has yielded a comparatively higher 12.89% annualized return.
HSBA.L
0.75%
5.48%
21.52%
37.78%
12.49%
9.04%
BAC
5.14%
0.65%
12.05%
40.90%
8.57%
12.89%
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Risk-Adjusted Performance
HSBA.L vs. BAC — Risk-Adjusted Performance Rank
HSBA.L
BAC
HSBA.L vs. BAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Holdings plc (HSBA.L) 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.
Dividends
HSBA.L vs. BAC - Dividend Comparison
HSBA.L's dividend yield for the trailing twelve months is around 8.27%, more than BAC's 2.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSBA.L HSBC Holdings plc | 8.27% | 8.34% | 6.67% | 4.21% | 3.55% | 5.54% | 6.69% | 5.83% | 5.18% | 5.79% | 6.12% | 4.88% |
BAC Bank of America Corporation | 2.16% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% |
Drawdowns
HSBA.L vs. BAC - Drawdown Comparison
The maximum HSBA.L drawdown since its inception was -61.71%, smaller than the maximum BAC drawdown of -93.45%. Use the drawdown chart below to compare losses from any high point for HSBA.L and BAC. For additional features, visit the drawdowns tool.
Volatility
HSBA.L vs. BAC - Volatility Comparison
The current volatility for HSBC Holdings plc (HSBA.L) is 3.24%, while Bank of America Corporation (BAC) has a volatility of 5.63%. This indicates that HSBA.L experiences smaller price fluctuations and is considered to be less risky than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
HSBA.L vs. BAC - Financials Comparison
This section allows you to compare key financial metrics between HSBC Holdings plc 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