BNY Mellon Ultra Short Income ETF (BKUI) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BKUI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BKUI
BKUI charges 0.12% annually. There are 11 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.94B | Sep 2022 | BKUI vs XHLF | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 841.59M | Sep 2022 | BKUI vs XONE | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.79M | Oct 2025 | BKUI vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | BKUI vs TRSY | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.07% | 9.40B | Feb 2025 | BKUI vs VBIL |
Best Risk-Adjusted Alternatives to BKUI
BKUI has a PortfoliosLab risk / return rank of 99. There are 27 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 99.95B | May 2020 | BKUI vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 47.03B | May 2007 | BKUI vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.59B | Sep 2016 | BKUI vs GBIL | |
| Invesco Short Term Treasury ETF | 100 | 2.87B | Jan 2017 | BKUI vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 9.40B | Feb 2025 | BKUI vs VBIL |
Top Performing BKUI Alternatives (YTD)
BKUI is at 1.97% YTD. There are 56 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 3.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 3.28% | 22.73M | Mar 2023 | BKUI vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.98% | 1.54B | Aug 2022 | BKUI vs CSHI | |
| VanEck IG Floating Rate ETF | 2.70% | 3.00B | Apr 2011 | BKUI vs FLTR | |
| Simplify Treasury Option Income ETF | 2.60% | 489.70M | Oct 2022 | BKUI vs BUCK | |
| Angel Oak Ultrashort Income ETF | 2.59% | 1.55B | Oct 2022 | BKUI vs UYLD |
Lowest Volatility Alternatives to BKUI
BKUI has 0.41% 1-year volatility. There are 23 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Short Term Treasury ETF | 0.19% | 2.87B | Jan 2017 | BKUI vs TBLL | |
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 99.95B | May 2020 | BKUI vs SGOV | |
| iShares 0-1 Year Treasury Bond ETF | 0.20% | 20.70B | Jan 2007 | BKUI vs SHV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 47.03B | May 2007 | BKUI vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 0.21% | 7.59B | Sep 2016 | BKUI vs GBIL |
Lowest Drawdown Alternatives to BKUI
BKUI has a 1-year max drawdown of -0.13%. There are 31 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 47.03B | May 2007 | BKUI vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 9.40B | Feb 2025 | BKUI vs VBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 99.95B | May 2020 | BKUI vs SGOV | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.59B | Sep 2016 | BKUI vs GBIL | |
| Invesco Short Term Treasury ETF | -0.02% | 2.87B | Jan 2017 | BKUI vs TBLL |
Other ETFs from BNY Mellon
The 10 most viewed BNY Mellon ETFs shown here include BKLC, BKIE, BKAG and span 12 categories. AUM among these funds goes as high as $5B.
Often Compared With BKUI
Investors most often compare BKUI with TBUX, USDX, IVV. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare BKUI with Any Fund or Stock
Compare BKUI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BKUI with funds that move differently
BNY Mellon Ultra Short Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BKUI.
Explore BKUI Diversifiers