- ISIN
- US05588M2098
- CUSIP
- 05588M209
- Issuer
- BNY Mellon
- Inception Date
- Jun 29, 1998
- Category
- Mid Cap Blend Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
PESPX Performance Chart
BNY Mellon MidCap Index Fund (PESPX) is up 15.5% since the beginning of the year. PESPX is currently trading at $31 per share. Investors who bought $1,000 worth of PESPX shares 5 years ago would now be looking at an investment worth $1,462.
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Returns By Period
BNY Mellon MidCap Index Fund (PESPX) has returned 15.54% so far this year and 25.78% over the past 12 months. Over the last ten years, PESPX has returned 11.42% per year, falling short of the S&P 500 Index benchmark, which averaged 13.71% annually.
BNY Mellon MidCap Index Fund
- 1D
- 0.42%
- 1M
- 3.73%
- YTD
- 15.54%
- 6M
- 13.43%
- 1Y
- 25.78%
- 3Y*
- 15.07%
- 5Y*
- 7.89%
- 10Y*
- 11.42%
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
PESPX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2006, PESPX's average daily return is +0.04%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.
Historically, 60% of months were positive and 40% were negative. The best month was Dec 2019 with a return of +15.2%, while the worst month was Oct 2008 at -21.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PESPX closed higher 53% of trading days. The best single day was Dec 26, 2019 with a return of +12.4%, while the worst single day was Mar 16, 2020 at -13.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.00% | 4.06% | -5.41% | 7.82% | 2.35% | 2.26% | 15.54% | ||||||
| 2025 | 3.79% | -4.37% | -5.53% | -2.30% | 5.33% | 3.56% | 1.56% | 3.35% | 0.44% | -0.50% | 1.99% | 0.00% | 6.90% |
| 2024 | -1.74% | 5.89% | 5.56% | -6.04% | 4.33% | -1.62% | 5.76% | -0.10% | 1.11% | -0.75% | 8.75% | -8.41% | 11.88% |
| 2023 | 9.18% | -1.86% | -3.23% | -0.83% | -3.22% | 9.11% | 4.09% | -2.93% | -5.32% | -5.36% | 8.46% | 7.62% | 14.75% |
| 2022 | -7.26% | 1.09% | 1.35% | -7.14% | 0.70% | -9.65% | 10.82% | -3.15% | -9.24% | 10.47% | 6.04% | -5.75% | -13.67% |
| 2021 | 1.45% | 6.77% | 4.62% | 4.47% | -0.20% | -0.71% | 0.31% | 1.90% | -4.00% | 5.81% | -2.94% | 5.19% | 24.34% |
Benchmark Metrics
BNY Mellon MidCap Index Fund has an annualized alpha of -2.01%, beta of 1.06, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since January 03, 2006.
- This fund participated in 111.54% of S&P 500 Index downside but only 101.96% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.01% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 1.06 and R2 of 0.82, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -2.01%
- Beta
- 1.06
- R²
- 0.82
- Upside Capture
- 101.96%
- Downside Capture
- 111.54%
Expense Ratio
PESPX has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PESPX ranks 49 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BNY Mellon MidCap Index Fund (PESPX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PESPX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.32 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 2.46 | +0.59 |
| Martin ratioReturn relative to average drawdown | 11.03 | 10.92 | +0.11 |
Dividends
Dividend History
BNY Mellon MidCap Index Fund provided a 10.60% dividend yield over the last twelve months, with an annual payout of $3.30 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.30 | $3.30 | $3.31 | $2.31 | $4.26 | $5.39 | $3.72 | $7.04 | $4.21 | $3.43 | $0.38 | $0.43 |
Dividend yield | 10.60% | 12.24% | 11.73% | 8.19% | 16.04% | 15.10% | 11.21% | 21.60% | 14.61% | 9.22% | 1.09% | 1.34% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon MidCap Index Fund. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.30 | $3.30 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.31 | $3.31 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.31 | $2.31 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.26 | $4.26 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.39 | $5.39 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BNY Mellon MidCap Index Fund. 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 MidCap Index Fund was 61.56%, occurring on Mar 9, 2009. Recovery took 992 trading sessions.
The current BNY Mellon MidCap Index Fund drawdown is 0.03%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -61.56%Mar 2009 | 1y 7mo | 3y 11mo | 5y 7moJul 2007 - Feb 2013 |
COVID crash2020 | -42.09%Mar 2020 | 1mo 1d | 7mo 22d | 8mo 23dFeb 2020 - Nov 2020 |
2016 bear market2016 | -27.98%Feb 2016 | 7mo 22d | 1y 9mo | 2y 5moJun 2015 - Nov 2017 |
2025 selloff2025 | -25.18%Apr 2025 | 4mo 13d | 9mo 3d | 1y 1moNov 2024 - Jan 2026 |
Bear market2022 | -23.80%Jun 2022 | 7mo 1d | 1y 8mo | 2y 3moNov 2021 - Feb 2024 |
Drawdown Indicators
| PESPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.56% | -56.78% | -4.78% |
Max Drawdown (1Y)Largest decline over 1 year | -8.86% | -9.10% | +0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -25.18% | -18.90% | -6.28% |
Max Drawdown (5Y)Largest decline over 5 years | -25.18% | -25.43% | +0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -42.09% | -33.92% | -8.17% |
Current DrawdownCurrent decline from peak | -0.03% | -3.21% | +3.18% |
Average DrawdownAverage peak-to-trough decline | -10.35% | -10.71% | +0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.04% | +0.40% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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