Bank of America vs Charles Schwab
BACBank of America Corporationvs
SCHWThe Charles Schwab Corporation- Bank of America: Big US consumer + commercial bank. Closely tied to US economic cycle.
- Charles Schwab: US brokerage giant. Owns TD Ameritrade.
- Over the past five years Bank of America stock returned +87% versus +68% for Charles Schwab, in USD. Past performance is not a guide to the future.
- They compete in the same space (Finance & banks), so many investors simply own both through a broad index fund instead of picking a winner.
Shown in USD. Past performance is not a reliable guide to future results.
- Country
- 🇺🇸 United States
- 🇺🇸 United States
- Industry
- Finance & banks
- Finance & banks
- 1Y return (USD)
- +40.2%
- +10.9%
- 3Y return (USD)
- +117.4%
- +69.8%
- 5Y return (USD)
- +87.3%
- +67.8%
- Trades in
- USD
- USD
Bank of AmericaBACBig US consumer + commercial bank. Closely tied to US economic cycle.
See full Bank of America details →Charles SchwabSCHWUS brokerage giant. Owns TD Ameritrade. Earnings sensitive to interest rates.
See full Charles Schwab details →
Available on Interactive Brokers
Buy Bank of America, Charles Schwab and thousands of other stocks worldwide on Interactive Brokers.
Frequently asked questions
Which performed better, Bank of America or Charles Schwab?
Over the past five years Bank of America stock returned +87% and Charles Schwab returned +68% in US dollars, so Bank of America has been the stronger performer in that window. Past performance says little about the future, which is why the chart on this page lets you check other periods too.
Can I buy both Bank of America and Charles Schwab shares?
Yes. Nothing stops you owning both companies, and many investors do exactly that instead of trying to pick the winner. Both are available to investors worldwide through a broker such as Interactive Brokers.
Is it safer to buy an ETF instead?
A broad index fund holds hundreds of companies at once, usually including both of these, so a single bad year at one business barely dents it. Owning individual shares concentrates that risk, which is why many beginners keep single stocks to a small slice of a mostly fund-based portfolio.