BAC vs SPY

Comparison between Bank Of America Corp (BAC, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed BAC, delivering a return of +13.3% compared to +6.5%

BAC vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BAC(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$382B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	94.28%	56.47%
Sharpe Ratio	1.09	2.07
5Y Beta	0.95	1.00
Industry	Banks - Diversified	N/A
P/E Ratio	12.27	28.24
Forward P/E	11.98	21.85
PEG Ratio	0.59	N/A
Dividend Yield	2.09%	N/A
5Y Dividends CAGR	13.56%	5.43%
5Y EPS CAGR	11.43%	25.79%
Debt to Equity	108.41%	22.35%
Free Cash Flow Yield	14.81%	N/A
P/S Ratio	3.47	3.55
P/B Ratio	1.37	5.29

Market Cap / Net Assets

BAC

$382B

Winner

SPY

$652B

Expense Ratio

BAC

N/A

SPY

0.09%

Max Drawdown

BAC

94.28%

Winner

SPY

56.47%

Sharpe Ratio

BAC

1.09

Winner

SPY

2.07

5Y Beta

Winner

BAC

0.95

SPY

1.00

Industry

BAC

Banks - Diversified

SPY

N/A

P/E Ratio

Winner

BAC

12.27

SPY

28.24

Forward P/E

Winner

BAC

11.98

SPY

21.85

PEG Ratio

BAC

0.59

SPY

N/A

Dividend Yield

BAC

2.09%

SPY

N/A

5Y Dividends CAGR

Winner

BAC

13.56%

SPY

5.43%

5Y EPS CAGR

BAC

11.43%

Winner

SPY

25.79%

Debt to Equity

BAC

108.41%

Winner

SPY

22.35%

Free Cash Flow Yield

BAC

14.81%

SPY

N/A

P/S Ratio

Winner

BAC

3.47

SPY

3.55

P/B Ratio

Winner

BAC

1.37

SPY

5.29

BAC vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	BAC	SPY
1 month	-1.14%	+9.11%
3 months	-8.55%	+6.59%
6 months	-2.53%	+10.56%
1 year	+26.07%	+32.04%
5 years(CAGR)	+6.54%	+13.35%
10 years(CAGR)	+16.42%	+15.49%
Max(CAGR)	+4.58%	+8.50%

BAC

-1.14%

Winner

SPY

+9.11%

BAC

-8.55%

Winner

SPY

+6.59%

BAC

-2.53%

Winner

SPY

+10.56%

BAC

+26.07%

Winner

SPY

+32.04%

5Y(CAGR)

BAC

+6.54%

Winner

SPY

+13.35%

10Y(CAGR)

Winner

BAC

+16.42%

SPY

+15.49%

Max(CAGR)

BAC

+4.58%

Winner

SPY

+8.50%

BAC vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BAC	SPY
2026	-7.80%	+8.27%
2025	+27.05%	+18.00%
2024	+32.95%	+25.59%
2023	+3.60%	+26.72%
2022	-26.60%	-18.64%
2021	+50.97%	+30.52%
2020	-12.66%	+17.28%
2019	+44.29%	+31.09%
2018	-16.06%	-5.24%
2017	+33.08%	+20.78%
2016	+36.58%	+13.59%
2015	-4.83%	+1.31%
2014	+11.92%	+14.56%
2013	+29.81%	+29.00%
2012	+101.15%	+14.17%
2011	-60.63%	+0.85%
2010	-14.73%	+13.14%
2009	+5.61%	+22.67%
2008	-60.51%	-36.25%
2007	-18.77%	+5.32%
2006	+18.30%	+13.85%
2005	+3.56%	+5.32%
2004	+23.56%	+10.75%
2003	+18.25%	+24.18%
2002	+14.51%	-22.42%
2001	+40.03%	-10.13%
2000	-1.09%	-8.84%
1999	-21.96%	+8.61%

BAC vs SPY Drawdown Comparison

The maximum drawdown for BAC was -93.11%, occurring on Mar 6, 2009. Recovery took 3396 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current BAC drawdown is -9.89%.

Rank	BAC	SPY
#1	-93.11% Oct 5, 2007 - Apr 5, 2021	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-46.63% Feb 8, 2022 - Nov 11, 2024	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-40.70% Nov 16, 1999 - Jul 17, 2001	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-28.37% May 17, 2002 - Apr 22, 2003	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-27.51% Feb 6, 2025 - Jun 26, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-20.82% Aug 23, 2001 - Nov 23, 2001	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-17.92% Jan 6, 2026 - Mar 13, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-14.65% Jun 4, 2021 - Sep 27, 2021	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-11.89% Jul 25, 2003 - Jan 21, 2004	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-11.59% Nov 16, 2006 - Oct 5, 2007	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-10.68% Jun 21, 2005 - Nov 23, 2005	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-10.35% Nov 3, 2021 - Jan 7, 2022	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-9.47% Jan 11, 2022 - Feb 8, 2022	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-8.68% Nov 27, 2024 - Feb 6, 2025	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-8.57% Nov 23, 2001 - Feb 28, 2002	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between BAC and SPY is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (1999 - 2026)

BAC vs SPY dividend yield comparison.

Year	BAC	SPY
2026	0.55%	0.24%
2025	1.96%	1.07%
2024	2.28%	1.21%
2023	2.73%	1.40%
2022	2.60%	1.65%
2021	1.75%	1.20%
2020	2.38%	1.52%
2019	1.87%	1.75%
2018	2.19%	2.04%
2017	1.32%	1.80%
2016	1.13%	2.03%
2015	1.19%	2.06%
2014	0.67%	1.87%
2013	0.26%	1.81%
2012	0.34%	2.18%
2011	0.72%	2.05%
2010	0.30%	1.80%
2009	0.27%	1.95%
2008	28.12%	3.02%
2007	5.82%	1.85%
2006	3.97%	1.73%
2005	4.12%	1.73%
2004	3.62%	1.82%
2003	3.58%	1.47%
2002	3.51%	1.70%
2001	3.62%	1.25%
2000	4.49%	1.15%
1999	1.00%	0.24%