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% | 1.91B | Sep 2022 | BKUI vs XHLF | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 758.60M | Sep 2022 | BKUI vs XONE | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | BKUI vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | BKUI vs TRSY | |
| Vanguard Ultra-Short Treasury ETF | 0.07% | 991.30M | Feb 2025 | BKUI vs VGUS |
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 | 95.28B | May 2020 | BKUI vs SGOV | |
| Invesco Short Term Treasury ETF | 100 | 2.58B | Jan 2017 | BKUI vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.54B | May 2007 | BKUI vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | BKUI vs VBIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.09B | Jun 2023 | BKUI vs BILZ |
Top Performing BKUI Alternatives (YTD)
BKUI is at 1.56% YTD. There are 54 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 2.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 2.72% | 22.70M | Mar 2023 | BKUI vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.39% | 1.34B | Aug 2022 | BKUI vs CSHI | |
| Simplify Treasury Option Income ETF | 2.29% | 465.86M | Oct 2022 | BKUI vs BUCK | |
| VanEck IG Floating Rate ETF | 2.19% | 2.81B | Apr 2011 | BKUI vs FLTR | |
| Angel Oak Ultrashort Income ETF | 2.14% | 1.45B | Oct 2022 | BKUI vs UYLD |
Lowest Volatility Alternatives to BKUI
BKUI has 0.42% 1-year volatility. There are 27 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% | 2.58B | Jan 2017 | BKUI vs TBLL | |
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 95.28B | May 2020 | BKUI vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.54B | May 2007 | BKUI vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.81B | Jan 2007 | BKUI vs SHV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.09B | Jun 2023 | BKUI vs BILZ |
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 | |
|---|---|---|---|---|---|
| Invesco Short Term Treasury ETF | -0.01% | 2.58B | Jan 2017 | BKUI vs TBLL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 95.28B | May 2020 | BKUI vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.54B | May 2007 | BKUI vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | BKUI vs VBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 17.46B | Feb 2014 | BKUI vs USFR |
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 | 58 | 8.07% | 5.40B | Apr 2020 | BKUI vs BKLC | |
| BNY Mellon International Equity ETF | Foreign Large Cap Equities | 44 | 7.83% | 1.25B | Apr 2020 | BKUI vs BKIE | |
| BNY Mellon Core Bond ETF | Total Bond Market | 35 | 0.99% | 2.14B | Apr 2020 | BKUI vs BKAG | |
| Bny Mellon Global Infrastructure Income ETF | Energy Equities | 60 | 11.78% | 1.14B | Nov 2022 | BKUI vs BKGI | |
| BNY Mellon Emerging Markets Equity ETF | Asia Pacific Equities | 71 | 25.73% | 91.04M | Apr 2020 | BKUI vs BKEM | |
| BNY Mellon High Yield Beta ETF | High Yield Bonds | 63 | 1.82% | 152.11M | Apr 2020 | BKUI vs BKHY | |
| BNY Mellon US Mid Cap Core Equity ETF | Mid Cap Growth Equities | 46 | 11.80% | 658.44M | Apr 2020 | BKUI vs BKMC | |
| BNY Mellon US Small Cap Core Equity ETF | Small Cap Growth Equities | 71 | 17.11% | 84.47M | Apr 2020 | BKUI vs BKSE | |
| BNY Mellon Dynamic Value ETF | Large Cap Value Equities | 82 | 14.78% | 1.58B | Nov 2024 | BKUI vs BKDV | |
| BNY Mellon Concentrated International ETF | Foreign Large Cap Equities | 15 | 2.68% | 133.92M | Dec 2021 | BKUI vs BKCI |
Often Compared With BKUI
Investors most often compare BKUI with TBUX, IVV, USDX. These 20 comparison targets span 8 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