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BNY Mellon High Yield Beta ETF (BKHY)

ETF · Currency in USD · Last updated Mar 26, 2023

BKHY is a passive ETF by The Bank of New York Mellon Corp. tracking the investment results of the Bloomberg US Corporate High Yield Index. BKHY launched on Apr 24, 2020 and has a 0.22% expense ratio.

Share Price Chart

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The chart shows the growth of $10,000 invested in BNY Mellon High Yield Beta ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,120 for a total return of roughly 11.20%. All prices are adjusted for splits and dividends.

BKHY (BNY Mellon High Yield Beta ETF)
Benchmark (^GSPC)

S&P 500

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BNY Mellon High Yield Beta ETF


BNY Mellon High Yield Beta ETF had a return of 1.19% year-to-date (YTD) and -4.75% in the last 12 months. Over the past 10 years, BNY Mellon High Yield Beta ETF had an annualized return of 3.71%, while the S&P 500 had an annualized return of 12.24%, indicating that BNY Mellon High Yield Beta ETF did not perform as well as the benchmark.

1 month0.67%-0.66%
6 months4.26%5.67%
1 year-4.75%-10.89%
5 years (annualized)3.71%12.24%
10 years (annualized)3.71%12.24%

Monthly Returns Heatmap


Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current BNY Mellon High Yield Beta ETF Sharpe ratio is -0.40. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

BKHY (BNY Mellon High Yield Beta ETF)
Benchmark (^GSPC)

Dividend History

BNY Mellon High Yield Beta ETF granted a 7.68% dividend yield in the last twelve months. The annual payout for that period amounted to $3.54 per share.


Dividend yield


Monthly Dividends

The table displays the monthly dividend distributions for BNY Mellon High Yield Beta ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

BKHY (BNY Mellon High Yield Beta ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the BNY Mellon High Yield Beta 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 High Yield Beta ETF is 15.89%, recorded on Sep 27, 2022. The portfolio has not recovered from it yet.



To Bottom


To Recover



-15.89%Dec 28, 2021189Sep 27, 2022
-3.59%Jun 9, 202015Jun 29, 202014Jul 20, 202029
-2.5%Sep 3, 202016Sep 25, 202010Oct 9, 202026
-2.21%Nov 10, 202112Nov 26, 202119Dec 23, 202131
-1.86%Feb 16, 202123Mar 18, 202112Apr 6, 202135
-1.85%Oct 13, 202012Oct 28, 20205Nov 4, 202017
-1.48%Sep 16, 202118Oct 11, 202121Nov 9, 202139
-1.31%May 1, 202010May 14, 20202May 18, 202012
-1.2%Aug 7, 20206Aug 14, 20208Aug 26, 202014
-0.84%Jul 8, 20218Jul 19, 20218Jul 29, 202116

Volatility Chart

Current BNY Mellon High Yield Beta ETF volatility is 8.55%. 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.

BKHY (BNY Mellon High Yield Beta ETF)
Benchmark (^GSPC)