BCPL vs. BKLC

Last updated Apr 2, 2026

Compare and contrast key facts about BNY Mellon Core Plus ETF (BCPL) and BNY Mellon US Large Cap Core Equity ETF (BKLC).

BCPL and BKLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BCPL is an actively managed fund by BNY Mellon. It was launched on Jan 9, 2026. BKLC is a passively managed fund by BNY Mellon that tracks the performance of the Morningstar US Large Cap Index. It was launched on Apr 9, 2020.

Performance

BCPL vs. BKLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Core Plus ETF (BCPL) and BNY Mellon US Large Cap Core Equity ETF (BKLC). The values are adjusted to include any dividend payments, if applicable.

BCPL vs. BKLC - Yearly Performance Comparison

	2026 (YTD)
BCPL BNY Mellon Core Plus ETF	-0.31%
BKLC BNY Mellon US Large Cap Core Equity ETF	-5.56%

Returns By Period

BCPL

• 1D: 0.05%
• 1M: -1.50%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BKLC

• 1D: 0.07%
• 1M: -3.24%
• YTD: -3.80%
• 6M: -1.80%
• 1Y: 17.78%
• 3Y*: 19.59%
• 5Y*: 12.22%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCPL vs. BKLC - Expense Ratio Comparison

BCPL has a 0.40% expense ratio, which is higher than BKLC's 0.00% expense ratio.

BCPL

BNY Mellon Core Plus ETF

BKLC

BNY Mellon US Large Cap Core Equity ETF

Return for Risk

BCPL vs. BKLC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKLC

BKLC Risk / Return Rank: 54
BKLC Sharpe Ratio Rank: 50
BKLC Sortino Ratio Rank: 52
BKLC Omega Ratio Rank: 57
BKLC Calmar Ratio Rank: 51
BKLC Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BCPL vs. BKLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Core Plus ETF (BCPL) and BNY Mellon US Large Cap Core Equity ETF (BKLC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BCPL	BKLC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.97	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.33	0.99	-1.32

Correlation

The correlation between BCPL and BKLC is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BCPL vs. BKLC - Dividend Comparison

BCPL's dividend yield for the trailing twelve months is around 0.97%, less than BKLC's 1.17% yield.

	TTM	2025	2024	2023	2022	2021	2020
BCPL BNY Mellon Core Plus ETF	0.97%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BKLC BNY Mellon US Large Cap Core Equity ETF	1.17%	1.05%	1.22%	1.35%	1.64%	1.10%	0.84%

Drawdowns

BCPL vs. BKLC - Drawdown Comparison

The maximum BCPL drawdown since its inception was -2.95%, smaller than the maximum BKLC drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for BCPL and BKLC.

Drawdown Indicators

	BCPL	BKLC	Difference
Max Drawdown Largest peak-to-trough decline	-2.95%	-26.14%	+23.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.14%	—
Current Drawdown Current decline from peak	-1.96%	-5.64%	+3.68%
Average Drawdown Average peak-to-trough decline	-0.79%	-5.40%	+4.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.63%	—

Volatility

Volatility by Period

	BCPL	BKLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.25%	18.47%	-14.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.25%	17.17%	-12.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.25%	17.58%	-13.33%