BNY Mellon Short Duration Corporate Bond ETF (BKSB)
BKSB is a passive ETF by The Bank of New York Mellon Corp. tracking the investment results of the Bloomberg U.S. Corporate BBB 1-5 Year Index. BKSB launched on Apr 24, 2020 and has a 0.06% expense ratio.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in BNY Mellon Short Duration Corporate Bond ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,923 for a total return of roughly -0.77%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
BNY Mellon Short Duration Corporate Bond ETF had a return of 1.03% year-to-date (YTD) and -1.15% in the last 12 months. Over the past 10 years, BNY Mellon Short Duration Corporate Bond ETF had an annualized return of -0.27%, while the S&P 500 had an annualized return of 11.80%, indicating that BNY Mellon Short Duration Corporate Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.35% | -5.31% |
| Year-To-Date | 1.03% | 2.01% |
| 6 months | 1.48% | 0.39% |
| 1 year | -1.15% | -10.12% |
| 5 years (annualized) | -0.27% | 11.80% |
| 10 years (annualized) | -0.27% | 11.80% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 1.46% | -1.16% | ||||||||||
| 2022 | -2.09% | -0.41% | 2.27% | 0.12% |
Dividend History
BNY Mellon Short Duration Corporate Bond ETF granted a 2.31% dividend yield in the last twelve months. The annual payout for that period amounted to $1.09 per share.
| Period | TTM | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Dividend | $1.09 | $0.89 | $0.87 | $0.78 |
Dividend yield | 2.31% | 1.90% | 1.77% | 1.57% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Short Duration Corporate Bond 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 | $0.10 | ||||||||||
| 2022 | $0.00 | $0.05 | $0.05 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.09 | $0.08 | $0.09 | $0.19 |
| 2021 | $0.00 | $0.06 | $0.06 | $0.07 | $0.06 | $0.05 | $0.06 | $0.05 | $0.06 | $0.05 | $0.05 | $0.31 |
| 2020 | $0.08 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.34 |
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 Short Duration Corporate Bond 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 Short Duration Corporate Bond ETF is 9.47%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.47% | Aug 4, 2021 | 307 | Oct 20, 2022 | — | — | — |
| -1.03% | Feb 11, 2021 | 17 | Mar 8, 2021 | 55 | May 25, 2021 | 72 |
| -0.39% | Jun 11, 2021 | 7 | Jun 21, 2021 | 25 | Jul 27, 2021 | 32 |
| -0.38% | Sep 4, 2020 | 15 | Sep 25, 2020 | 13 | Oct 14, 2020 | 28 |
| -0.33% | Jun 11, 2020 | 1 | Jun 11, 2020 | 2 | Jun 15, 2020 | 3 |
| -0.32% | Jun 17, 2020 | 2 | Jun 18, 2020 | 10 | Jul 2, 2020 | 12 |
| -0.23% | Jan 5, 2021 | 5 | Jan 11, 2021 | 21 | Feb 10, 2021 | 26 |
| -0.23% | Aug 7, 2020 | 6 | Aug 14, 2020 | 11 | Aug 31, 2020 | 17 |
| -0.22% | Oct 28, 2020 | 5 | Nov 3, 2020 | 2 | Nov 5, 2020 | 7 |
| -0.14% | Dec 4, 2020 | 4 | Dec 9, 2020 | 5 | Dec 16, 2020 | 9 |
Volatility Chart
Current BNY Mellon Short Duration Corporate Bond ETF volatility is 4.73%. 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.