BNY Mellon Core Bond ETF (BKAG)
BKAG is a passive ETF by The Bank of New York Mellon Corp. tracking the investment results of the Bloomberg Barclays US Aggregate Bond Index. BKAG launched on Apr 24, 2020 and has a 0.00% expense ratio.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in BNY Mellon Core Bond ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $8,927 for a total return of roughly -10.73%. All prices are adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: BKAG vs. VYM, BKAG vs. VOO
Return
BNY Mellon Core Bond ETF had a return of 2.27% year-to-date (YTD) and -6.48% in the last 12 months. Over the past 10 years, BNY Mellon Core Bond ETF had an annualized return of -3.84%, while the S&P 500 had an annualized return of 12.60%, indicating that BNY Mellon Core Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 1.03% | -1.87% |
| Year-To-Date | 2.27% | 4.25% |
| 6 months | 1.56% | 2.64% |
| 1 year | -6.48% | -10.31% |
| 5 years (annualized) | -3.84% | 12.60% |
| 10 years (annualized) | -3.84% | 12.60% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.27% | -2.63% | ||||||||||
| 2022 | -3.96% | -1.41% | 3.85% | -0.73% |
Dividend History
BNY Mellon Core Bond ETF granted a 2.98% dividend yield in the last twelve months. The annual payout for that period amounted to $1.26 per share.
| Period | TTM | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Dividend | $1.26 | $1.04 | $0.76 | $0.59 |
Dividend yield | 2.98% | 2.50% | 1.59% | 1.21% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Core Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.11 | ||||||||||
| 2022 | $0.00 | $0.07 | $0.06 | $0.07 | $0.07 | $0.09 | $0.08 | $0.08 | $0.09 | $0.10 | $0.10 | $0.21 |
| 2021 | $0.00 | $0.07 | $0.07 | $0.08 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.14 |
| 2020 | $0.09 | $0.08 | $0.07 | $0.08 | $0.06 | $0.07 | $0.14 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the BNY Mellon Core Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the BNY Mellon Core Bond ETF is 18.53%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.53% | Aug 5, 2020 | 558 | Oct 20, 2022 | — | — | — |
| -0.67% | May 1, 2020 | 7 | May 11, 2020 | 7 | May 20, 2020 | 14 |
| -0.41% | Jun 3, 2020 | 3 | Jun 5, 2020 | 3 | Jun 10, 2020 | 6 |
| -0.2% | Jun 22, 2020 | 3 | Jun 24, 2020 | 2 | Jun 26, 2020 | 5 |
| -0.17% | Jul 24, 2020 | 2 | Jul 27, 2020 | 3 | Jul 30, 2020 | 5 |
| -0.14% | Apr 27, 2020 | 1 | Apr 27, 2020 | 1 | Apr 28, 2020 | 2 |
| -0.06% | Jun 15, 2020 | 3 | Jun 17, 2020 | 1 | Jun 18, 2020 | 4 |
| -0.06% | Jul 10, 2020 | 3 | Jul 14, 2020 | 1 | Jul 15, 2020 | 4 |
| -0.05% | May 26, 2020 | 1 | May 26, 2020 | 3 | May 29, 2020 | 4 |
Volatility Chart
Current BNY Mellon Core Bond ETF volatility is 11.35%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.