BNY Mellon High Yield Beta ETF (BKHY) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BKHY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BKHY
BKHY charges 0.22% annually. There are 12 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.68B | Jul 2023 | BKHY vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.41B | Jun 2012 | BKHY vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.71B | Sep 2025 | BKHY vs NHYB | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.54B | Dec 2016 | BKHY vs HYLB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.80B | Oct 2017 | BKHY vs USHY |
Best Risk-Adjusted Alternatives to BKHY
BKHY has a PortfoliosLab risk / return rank of 75. There are 36 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 907.20M | Aug 2018 | BKHY vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | 91 | 499.12M | Jul 2021 | BKHY vs IBHG | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 91 | 22.06M | Nov 2024 | BKHY vs LDRH | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 91 | 852.94M | Sep 2019 | BKHY vs BSJR | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 90 | 255.19M | Dec 2013 | BKHY vs HYZD |
Top Performing BKHY Alternatives (YTD)
BKHY is at 2.31% YTD. There are 31 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 9.42% | — | Aug 2025 | BKHY vs DADS | |
| Man Active High Yield ETF | 5.34% | 19.82M | Sep 2025 | BKHY vs MHY | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.28% | 522.28M | May 2012 | BKHY vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 3.84% | 179.11M | May 2013 | BKHY vs HYHG | |
| Fidelity Sustainable High Yield ETF | 3.70% | 136.92M | Feb 2022 | BKHY vs FSYD |
Lowest Volatility Alternatives to BKHY
BKHY has 3.69% 1-year volatility. There are 58 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | BKHY vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.35% | 907.20M | Aug 2018 | BKHY vs BSJQ | |
| Pacific Global Senior Loan ETF | 1.47% | 637.48M | Feb 2015 | BKHY vs FLRT | |
| State Street My2027 High Yield Corporate Bond ETF | 1.82% | 4.98M | Feb 2026 | BKHY vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 852.94M | Sep 2019 | BKHY vs BSJR |
Lowest Drawdown Alternatives to BKHY
BKHY has a 1-year max drawdown of -2.53%. There are 52 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 907.20M | Aug 2018 | BKHY vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 499.12M | Jul 2021 | BKHY vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 852.94M | Sep 2019 | BKHY vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 450.96M | Mar 2022 | BKHY vs IBHH | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -1.23% | 22.06M | Nov 2024 | BKHY vs LDRH |
Other ETFs from BNY Mellon
The 10 most viewed BNY Mellon ETFs shown here include BKLC, BKIE, BKAG and span 9 categories. AUM among these funds goes as high as $5B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BNY Mellon US Large Cap Core Equity ETF | Large Cap Blend Equities | 67 | 11.30% | 5.48B | Apr 2020 | BKHY vs BKLC | |
| BNY Mellon International Equity ETF | Foreign Large Cap Equities | 57 | 10.50% | 1.28B | Apr 2020 | BKHY vs BKIE | |
| BNY Mellon Core Bond ETF | Total Bond Market | 39 | 0.30% | 2.15B | Apr 2020 | BKHY vs BKAG | |
| Bny Mellon Global Infrastructure Income ETF | Energy Equities | 78 | 14.28% | 1.14B | Nov 2022 | BKHY vs BKGI | |
| BNY Mellon Emerging Markets Equity ETF | Emerging Markets Equities | 63 | 21.78% | 86.15M | Apr 2020 | BKHY vs BKEM | |
| BNY Mellon Ultra Short Income ETF | Ultrashort Bond | 99 | 1.77% | 573.14M | Aug 2021 | BKHY vs BKUI | |
| BNY Mellon US Mid Cap Core Equity ETF | Mid Cap Growth Equities | 46 | 11.85% | 655.66M | Apr 2020 | BKHY vs BKMC | |
| BNY Mellon US Small Cap Core Equity ETF | Small Cap Growth Equities | 78 | 19.11% | 86.25M | Apr 2020 | BKHY vs BKSE | |
| BNY Mellon Dynamic Value ETF | Large Cap Value Equities | 85 | 15.20% | 1.70B | Nov 2024 | BKHY vs BKDV | |
| BNY Mellon Concentrated International ETF | Foreign Large Cap Equities | 17 | 3.89% | 133.90M | Dec 2021 | BKHY vs BKCI |
Often Compared With BKHY
Investors most often compare BKHY with HYDW, BSJS, IHY. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare BKHY with Any Fund or Stock
Compare BKHY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BKHY with funds that move differently
BNY Mellon High Yield Beta ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BKHY.
Explore BKHY Diversifiers