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BNY Mellon High Yield Beta ETF (BKHY)

ETF · Currency in USD · Last updated Jun 28, 2022

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

IssuerThe Bank of New York Mellon Corp.
Inception DateApr 24, 2020
RegionNorth America (U.S.)
CategoryHigh Yield Bonds
Expense Ratio0.22%
Index TrackedBloomberg US Corporate High Yield Index
Asset ClassBond

Trading Data

Previous Close$46.85
Year Range$45.99 - $54.33
EMA (50)$48.61
EMA (200)$51.18
Average Volume$35.79K

BKHYShare Price Chart


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BKHYPerformance

The chart shows the growth of $10,000 invested in BNY Mellon High Yield Beta ETF on Apr 27, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,672 for a total return of roughly 6.72%. All prices are adjusted for splits and dividends.


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

BKHYReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-6.82%-6.21%
YTD-13.54%-18.17%
6M-13.62%-17.47%
1Y-12.24%-8.89%
5Y3.04%15.80%
10Y3.04%15.80%

BKHYMonthly Returns Heatmap


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BKHYSharpe 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 -1.55. 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)

BKHYDividend History

BNY Mellon High Yield Beta ETF granted a 7.95% dividend yield in the last twelve months. The annual payout for that period amounted to $3.72 per share.


PeriodTTM20212020
Dividend$3.72$3.73$2.61

Dividend yield

7.95%6.89%5.05%

BKHYDrawdowns Chart

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


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

BKHYWorst 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 15.35%, recorded on Jun 13, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.35%Dec 28, 2021116Jun 13, 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

BKHYVolatility Chart

Current BNY Mellon High Yield Beta ETF volatility is 13.22%. 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)

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