KNOP vs. BAC
KNOP (KNOT Offshore Partners LP) and BAC (Bank of America Corporation) are both stocks. KNOP operates in Marine Shipping (Industrials), while BAC operates in Banks - Diversified (Financial Services). Over the past 10 years, KNOP returned 2.36%/yr vs 18.82%/yr for BAC. At a 0.25 correlation, their price movements are largely independent.
Performance
KNOP vs. BAC - Performance Comparison
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Returns By Period
In the year-to-date period, KNOP achieves a 0.92% return, which is significantly lower than BAC's 7.22% return. Over the past 10 years, KNOP has underperformed BAC with an annualized return of 2.36%, while BAC has yielded a comparatively higher 18.82% annualized return.
KNOP
- 1D
- -0.19%
- 1M
- -9.51%
- YTD
- 0.92%
- 6M
- 0.53%
- 1Y
- 57.40%
- 3Y*
- 28.27%
- 5Y*
- -8.06%
- 10Y*
- 2.36%
BAC
- 1D
- 0.94%
- 1M
- 13.20%
- YTD
- 7.22%
- 6M
- 5.36%
- 1Y
- 28.74%
- 3Y*
- 31.35%
- 5Y*
- 10.06%
- 10Y*
- 18.82%
KNOP vs. BAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KNOP KNOT Offshore Partners LP | 0.92% | 92.80% | -3.71% | -39.03% | -18.18% | -0.92% | -12.78% | 22.90% | -4.60% | -3.78% |
BAC Bank of America Corporation | 7.22% | 28.04% | 33.85% | 4.83% | -23.82% | 49.61% | -11.63% | 46.19% | -15.00% | 35.69% |
Correlation
The correlation between KNOP and BAC is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2013 | 0.25 |
The correlation between KNOP and BAC shifts across timeframes, from 0.14 (1 year) to 0.29 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
KNOP:
$351.67M
BAC:
$429.55B
KNOP:
$0.54
BAC:
$4.19
KNOP:
19.27
BAC:
13.81
KNOP:
0.60
BAC:
5.55
KNOP:
0.95
BAC:
2.50
KNOP:
0.67
BAC:
1.56
KNOP:
$372.42M
BAC:
$174.85B
KNOP:
$104.27M
BAC:
$110.47B
KNOP:
$227.94M
BAC:
$41.74B
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Return for Risk
KNOP vs. BAC — Risk / Return Rank
KNOP
BAC
KNOP vs. BAC - Risk-Adjusted Trends 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.
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.
| KNOP | BAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.24 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 1.61 | +1.88 |
| Martin ratioReturn relative to average drawdown | 11.20 | 4.14 | +7.06 |
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Drawdowns
KNOP vs. BAC - Drawdown Comparison
The maximum KNOP drawdown since its inception was -74.53%, smaller than the maximum BAC drawdown of -93.10%. Use the drawdown chart below to compare losses from any high point for KNOP and BAC.
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Drawdown Indicators
| KNOP | BAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.53% | -93.10% | +18.57% |
Max Drawdown (1Y)Largest decline over 1 year | -16.51% | -17.93% | +1.42% |
Max Drawdown (3Y)Largest decline over 3 years | -38.64% | -27.51% | -11.13% |
Max Drawdown (5Y)Largest decline over 5 years | -74.53% | -46.64% | -27.89% |
Max Drawdown (10Y)Largest decline over 10 years | -74.53% | -48.95% | -25.58% |
Current DrawdownCurrent decline from peak | -36.40% | 0.00% | -36.40% |
Average DrawdownAverage peak-to-trough decline | -25.34% | -28.28% | +2.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.16% | 6.96% | -1.80% |
Volatility
KNOP vs. BAC - Volatility Comparison
KNOT Offshore Partners LP (KNOP) and Bank of America Corporation (BAC) have volatilities of 5.73% and 5.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KNOP | BAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.73% | 5.86% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 23.19% | 16.72% | +6.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.93% | 21.67% | +15.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.62% | 26.81% | +16.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.17% | 30.60% | +7.57% |
Dividends
KNOP vs. BAC - Dividend Comparison
KNOP's dividend yield for the trailing twelve months is around 1.23%, less than BAC's 2.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAC Bank of America Corporation | 2.63% | 1.96% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% |
KNOP KNOT Offshore Partners LP | 1.23% | 1.00% | 1.91% | 1.81% | 21.60% | 15.57% | 13.81% | 10.50% | 11.60% | 10.02% | 8.81% | 15.05% |
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
KNOP vs. BAC - Profitability Comparison
KNOP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KNOT Offshore Partners LP reported a gross profit of 17.20M and revenue of 92.01M. Therefore, the gross margin over that period was 18.7%.
BAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bank of America Corporation reported a gross profit of 28.94B and revenue of 30.27B. Therefore, the gross margin over that period was 95.6%.
KNOP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KNOT Offshore Partners LP reported an operating income of 14.70M and revenue of 92.01M, resulting in an operating margin of 16.0%.
BAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bank of America Corporation reported an operating income of 10.40B and revenue of 30.27B, resulting in an operating margin of 34.4%.
KNOP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KNOT Offshore Partners LP reported a net income of 2.63M and revenue of 92.01M, resulting in a net margin of 2.9%.
BAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bank of America Corporation reported a net income of 8.58B and revenue of 30.27B, resulting in a net margin of 28.4%.
Frequently Asked Questions
KNOP and BAC have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BAC has higher volatility (5.86%) compared to KNOP (5.73%). In terms of maximum drawdown, KNOP dropped -74.53% vs BAC's -93.10%.
KNOP currently has the higher Sharpe Ratio (1.56 vs 1.34), 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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