BNY Mellon Innovators ETF (BKIV)
BKIV is an actively managed ETF by BNY Mellon. BKIV launched on May 16, 2023 and has a 0.50% expense ratio.
ETF Info
| ISIN | US09661T8181 |
|---|---|
| Issuer | BNY Mellon |
| Inception Date | May 16, 2023 |
| Category | Mid Cap Growth Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
BKIV features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BNY Mellon Innovators 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 Innovators ETF had a return of 11.19% year-to-date (YTD) and 22.90% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.19% | 18.10% |
| 1 month | 1.49% | 1.42% |
| 6 months | 5.00% | 10.08% |
| 1 year | 22.90% | 26.58% |
| 5 years (annualized) | N/A | 13.42% |
| 10 years (annualized) | N/A | 10.87% |
Monthly Returns
The table below presents the monthly returns of BKIV, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.48% | 6.50% | 2.52% | -5.71% | 5.72% | 5.09% | -2.72% | 1.04% | 11.19% | ||||
| 2023 | 2.22% | 7.28% | 4.83% | -6.63% | -8.31% | -9.88% | 15.17% | 13.60% | 16.03% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BKIV is 40, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNY Mellon Innovators ETF (BKIV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the BNY Mellon Innovators 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 Innovators ETF was 23.53%, occurring on Oct 27, 2023. Recovery took 40 trading sessions.
The current BNY Mellon Innovators ETF drawdown is 5.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.53% | Jul 19, 2023 | 72 | Oct 27, 2023 | 40 | Dec 26, 2023 | 112 |
| -13.24% | Jul 17, 2024 | 14 | Aug 5, 2024 | — | — | — |
| -9.51% | Mar 22, 2024 | 20 | Apr 19, 2024 | 26 | May 28, 2024 | 46 |
| -5.95% | Dec 29, 2023 | 3 | Jan 3, 2024 | 15 | Jan 25, 2024 | 18 |
| -4.77% | Jun 16, 2023 | 6 | Jun 26, 2023 | 11 | Jul 12, 2023 | 17 |
Volatility
Volatility Chart
The current BNY Mellon Innovators ETF volatility is 7.21%, 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.