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.
Share Price Chart
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Performance
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.
Compare to other instruments
Return
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.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.67% | -0.66% |
| Year-To-Date | 1.19% | 3.42% |
| 6 months | 4.26% | 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 4.00% | -1.96% | ||||||||||
| 2022 | -3.86% | 2.89% | 3.48% | -1.03% |
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.
| Period | TTM | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Dividend | $3.54 | $3.04 | $3.73 | $2.61 |
Dividend yield | 7.68% | 6.67% | 7.30% | 5.35% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.24 | ||||||||||
| 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 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 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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.89% | Dec 28, 2021 | 189 | Sep 27, 2022 | — | — | — |
| -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 |
| -1.85% | Oct 13, 2020 | 12 | Oct 28, 2020 | 5 | Nov 4, 2020 | 17 |
| -1.48% | Sep 16, 2021 | 18 | Oct 11, 2021 | 21 | Nov 9, 2021 | 39 |
| -1.31% | May 1, 2020 | 10 | May 14, 2020 | 2 | May 18, 2020 | 12 |
| -1.2% | Aug 7, 2020 | 6 | Aug 14, 2020 | 8 | Aug 26, 2020 | 14 |
| -0.84% | Jul 8, 2021 | 8 | Jul 19, 2021 | 8 | Jul 29, 2021 | 16 |
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.