BNY Mellon High Yield Beta ETF (BKHY)
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.
ETF Info
Issuer | The Bank of New York Mellon Corp. |
---|---|
Inception Date | Apr 24, 2020 |
Region | North America (U.S.) |
Category | High Yield Bonds |
Index Tracked | Bloomberg US Corporate High Yield Index |
Asset Class | Bond |
Expense Ratio
The BNY Mellon High Yield Beta ETF has a high expense ratio of 0.22%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BNY Mellon High Yield Beta ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BNY Mellon High Yield Beta ETF had a return of 1.74% year-to-date (YTD) and 13.26% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 1.74% | 10.04% |
1 month | 0.84% | 3.53% |
6 months | 9.27% | 22.79% |
1 year | 13.26% | 32.16% |
5 years (annualized) | N/A | 13.15% |
10 years (annualized) | N/A | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.30% | 0.91% | ||||||||||
2023 | 0.24% | -1.60% | -1.00% | 4.66% | 3.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for BNY Mellon High Yield Beta ETF (BKHY) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
BNY Mellon High Yield Beta ETF | 1.52 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
BNY Mellon High Yield Beta ETF granted a 8.67% dividend yield in the last twelve months. The annual payout for that period amounted to $4.13 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Dividend | $4.13 | $4.11 | $3.04 | $3.73 | $2.61 |
Dividend yield | 8.67% | 8.67% | 6.59% | 6.78% | 4.65% |
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.25 | ||||||||||
2023 | $0.00 | $0.24 | $0.26 | $0.31 | $0.31 | $0.88 | $0.28 | $0.29 | $0.29 | $0.43 | $0.35 | $0.47 |
2022 | $0.00 | $0.17 | $0.20 | $0.34 | $0.15 | $0.23 | $0.15 | $0.41 | $0.28 | $0.29 | $0.22 | $0.59 |
2021 | $0.00 | $0.22 | $0.20 | $0.23 | $0.24 | $0.21 | $0.26 | $0.23 | $0.24 | $0.23 | $0.22 | $1.47 |
2020 | $0.32 | $0.29 | $0.25 | $0.26 | $0.27 | $0.23 | $1.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the BNY Mellon High Yield Beta ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BNY Mellon High Yield Beta ETF was 15.89%, occurring on Sep 27, 2022. Recovery took 314 trading sessions.
The current BNY Mellon High Yield Beta ETF drawdown is 0.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-15.89% | Dec 28, 2021 | 189 | Sep 27, 2022 | 314 | Dec 27, 2023 | 503 |
-3.59% | Jun 9, 2020 | 15 | Jun 29, 2020 | 14 | Jul 20, 2020 | 29 |
-2.5% | Sep 3, 2020 | 16 | Sep 25, 2020 | 10 | Oct 9, 2020 | 26 |
-2.21% | Nov 10, 2021 | 12 | Nov 26, 2021 | 19 | Dec 23, 2021 | 31 |
-1.86% | Feb 16, 2021 | 23 | Mar 18, 2021 | 12 | Apr 6, 2021 | 35 |
Volatility
Volatility Chart
The current BNY Mellon High Yield Beta ETF volatility is 1.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.