BNY Mellon Municipal Short Duration ETF (BKMS) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BKMS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BKMS
BKMS charges 0.35% annually. There are 97 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.03% | 45.70B | Aug 2015 | BKMS vs VTEB | |
| Schwab Municipal Bond ETF | 0.03% | 3.87B | Oct 2022 | BKMS vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 178.36M | Jul 2019 | BKMS vs FMUN | |
| Northern Trust Intermediate Tax-Exempt Bond ETF | 0.05% | 144.40M | Aug 2025 | BKMS vs TAXI | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 94.44M | Aug 2025 | BKMS vs TAXS |
Best Risk-Adjusted Alternatives to BKMS
Among 110 ETFs in the Municipal Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 97 | 9.88M | Sep 2024 | BKMS vs MYMG | |
| State Street My2026 Municipal Bond ETF | 96 | 8.74M | Sep 2024 | BKMS vs MYMF | |
| iShares Short Maturity Municipal Bond ETF | 95 | 1.38B | Mar 2015 | BKMS vs MEAR | |
| First Trust Ultra Short Duration Municipal ETF | 95 | 230.57M | Nov 2018 | BKMS vs FUMB | |
| Invesco BulletShares 2027 Municipal Bond ETF | 94 | 339.63M | Sep 2019 | BKMS vs BSMR |
Top Performing BKMS Alternatives (YTD)
Among 130 ETFs in the Municipal Bonds category with YTD return data, the top-performing alternatives shown here go as high as 3.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Overlay Shares Municipal Bond ETF | 3.96% | 30.60M | Sep 2019 | BKMS vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 3.71% | 138.42M | Jun 2013 | BKMS vs RVNU | |
| First Trust Flexible Municipal High Income ETF | 3.33% | 18.90M | Sep 2016 | BKMS vs MFLX | |
| T. Rowe Price High Income Municipal ETF | 3.33% | 25.30M | Nov 2025 | BKMS vs THYM | |
| SPDR Nuveen Bloomberg Barclays High Yield Municipa... | 2.87% | 2.93B | Apr 2011 | BKMS vs HYMB |
Lowest Volatility Alternatives to BKMS
BKMS has 1.25% 1-year volatility. There are 19 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Muni Bond ETF | 0.00% | 349.85M | Mar 2018 | BKMS vs IBMM | |
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 27.03M | Sep 2025 | BKMS vs ZMUN | |
| iShares iBonds Dec 2025 Term Muni Bond ETF | 0.71% | 348.98M | Nov 2018 | BKMS vs IBMN | |
| Allspring Ultra Short Municipal ETF | 0.73% | 30.06M | Jul 2025 | BKMS vs AUSM | |
| State Street My2026 Municipal Bond ETF | 0.75% | 8.74M | Sep 2024 | BKMS vs MYMF |
Lowest Drawdown Alternatives to BKMS
Among 110 ETFs in the Municipal Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 230.57M | Nov 2018 | BKMS vs FUMB | |
| iShares iBonds Dec 2025 Term Muni Bond ETF | -0.25% | 348.98M | Nov 2018 | BKMS vs IBMN | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.33% | 294.75M | Sep 2019 | BKMS vs BSMQ | |
| State Street My2027 Municipal Bond ETF | -0.36% | 9.88M | Sep 2024 | BKMS vs MYMG | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 40.29M | Jul 2024 | BKMS vs GUMI |
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 Growth Equities | 68 | 10.93% | 5.29B | Apr 2020 | BKMS vs BKLC | |
| BNY Mellon International Equity ETF | Foreign Large Cap Equities | 43 | 8.46% | 1.24B | Apr 2020 | BKMS vs BKIE | |
| BNY Mellon Core Bond ETF | Total Bond Market | 36 | 0.29% | 2.12B | Apr 2020 | BKMS vs BKAG | |
| Bny Mellon Global Infrastructure Income ETF | Energy Equities | 59 | 12.20% | 1.08B | Nov 2022 | BKMS vs BKGI | |
| BNY Mellon Emerging Markets Equity ETF | Asia Pacific Equities | 84 | 30.24% | 89.35M | Apr 2020 | BKMS vs BKEM | |
| BNY Mellon High Yield Beta ETF | High Yield Bonds | 63 | 1.73% | 152.15M | Apr 2020 | BKMS vs BKHY | |
| BNY Mellon Ultra Short Income ETF | Ultrashort Bond | 99 | 1.42% | 570.08M | Aug 2021 | BKMS vs BKUI | |
| BNY Mellon US Mid Cap Core Equity ETF | Mid Cap Growth Equities | 46 | 11.31% | 649.75M | Apr 2020 | BKMS vs BKMC | |
| BNY Mellon US Small Cap Core Equity ETF | Small Cap Growth Equities | 60 | 13.03% | 82.78M | Apr 2020 | BKMS vs BKSE | |
| BNY Mellon Concentrated International ETF | Foreign Large Cap Equities | 16 | 3.52% | 133.26M | Dec 2021 | BKMS vs BKCI |
Often Compared With BKMS
Investors most often compare BKMS with TAXT, CA, FAAR. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare BKMS with Any Fund or Stock
Compare BKMS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BKMS with funds that move differently
BNY Mellon Municipal Short Duration ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BKMS.
Explore BKMS Diversifiers