KNOP vs. BAC
Compare and contrast key facts about KNOT Offshore Partners LP (KNOP) and Bank of America Corporation (BAC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KNOP or BAC.
Key characteristics
| KNOP | BAC | |
|---|---|---|
| YTD Return | -7.78% | 10.69% |
| 1Y Return | 13.80% | 31.49% |
| 3Y Return (Ann) | -29.69% | -0.53% |
| 5Y Return (Ann) | -15.66% | 6.56% |
| 10Y Return (Ann) | -6.73% | 11.47% |
| Sharpe Ratio | 0.28 | 1.25 |
| Daily Std Dev | 42.67% | 24.32% |
| Max Drawdown | -74.53% | -93.45% |
| Current Drawdown | -68.69% | -20.36% |
Fundamentals
| KNOP | BAC | |
|---|---|---|
| Market Cap | $174.34M | $297.60B |
| EPS | -$1.19 | $2.90 |
| PE Ratio | 30.39 | 13.04 |
| PEG Ratio | 10.45 | 3.69 |
| Revenue (TTM) | $287.88M | $93.36B |
| Gross Profit (TTM) | $178.98M | $92.41B |
Correlation
The correlation between KNOP and BAC is 0.26, 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
KNOP vs. BAC - Performance Comparison
In the year-to-date period, KNOP achieves a -7.78% return, which is significantly lower than BAC's 10.69% return. Over the past 10 years, KNOP has underperformed BAC with an annualized return of -6.73%, while BAC has yielded a comparatively higher 11.47% 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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Risk-Adjusted Performance
KNOP vs. BAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KNOT Offshore Partners LP (KNOP) 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
KNOP vs. BAC - Dividend Comparison
KNOP's dividend yield for the trailing twelve months is around 1.98%, less than BAC's 2.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KNOP KNOT Offshore Partners LP | 1.98% | 1.81% | 21.60% | 15.57% | 13.81% | 10.50% | 11.60% | 10.02% | 8.81% | 15.05% | 8.07% | 2.68% |
BAC Bank of America Corporation | 2.54% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% | 0.26% |
Drawdowns
KNOP vs. BAC - Drawdown Comparison
The maximum KNOP drawdown since its inception was -74.53%, smaller than the maximum BAC drawdown of -93.45%. Use the drawdown chart below to compare losses from any high point for KNOP and BAC. For additional features, visit the drawdowns tool.
Volatility
KNOP vs. BAC - Volatility Comparison
KNOT Offshore Partners LP (KNOP) has a higher volatility of 10.26% compared to Bank of America Corporation (BAC) at 7.62%. This indicates that KNOP'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.
Financials
KNOP vs. BAC - Financials Comparison
This section allows you to compare key financial metrics between KNOT Offshore Partners LP 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