BCPL vs. SYSB

Last updated Jun 4, 2026

BCPL (BNY Mellon Core Plus ETF) and SYSB (iShares Systematic Bond ETF) are both Intermediate Core-Plus Bond funds. BCPL is actively managed, while SYSB is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. BCPL charges 0.40%/yr vs 0.25%/yr for SYSB.

Performance

BCPL vs. SYSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Core Plus ETF (BCPL) and iShares Systematic Bond ETF (SYSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BCPL

• 1D: -0.08%
• 1M: 0.38%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SYSB

• 1D: -0.27%
• 1M: 0.22%
• YTD: 0.06%
• 6M: -0.05%
• 1Y: 5.34%
• 3Y*: 6.70%
• 5Y*: 1.54%
• 10Y*: 2.28%

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

BCPL vs. SYSB - Yearly Performance Comparison

	2026 (YTD)
BCPL BNY Mellon Core Plus ETF	0.55%
SYSB iShares Systematic Bond ETF	-0.19%

Correlation

The correlation between BCPL and SYSB is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026	0.90

Return for Risk

BCPL vs. SYSB — Risk / Return Rank

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

SYSB

SYSB Risk / Return Rank: 38
SYSB Sharpe Ratio Rank: 40
SYSB Sortino Ratio Rank: 39
SYSB Omega Ratio Rank: 39
SYSB Calmar Ratio Rank: 36
SYSB Martin Ratio Rank: 36

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. SYSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Core Plus ETF (BCPL) and iShares Systematic Bond ETF (SYSB). 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	SYSB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.41	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.27	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.50	-0.14

Drawdowns

BCPL vs. SYSB - Drawdown Comparison

The maximum BCPL drawdown since its inception was -2.95%, smaller than the maximum SYSB drawdown of -18.47%. Use the drawdown chart below to compare losses from any high point for BCPL and SYSB.

Drawdown Indicators

	BCPL	SYSB	Difference
Max Drawdown Largest peak-to-trough decline	-2.95%	-18.47%	+15.52%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.99%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-18.47%	—
Current Drawdown Current decline from peak	-1.12%	-1.79%	+0.67%
Average Drawdown Average peak-to-trough decline	-1.05%	-3.27%	+2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.97%	—

Volatility

Volatility by Period

	BCPL	SYSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.04%	3.80%	+0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.04%	5.63%	-1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.04%	4.95%	-0.91%

BCPL vs. SYSB - Expense Ratio Comparison

BCPL has a 0.40% expense ratio, which is higher than SYSB's 0.25% expense ratio.

Dividends

BCPL vs. SYSB - Dividend Comparison

BCPL's dividend yield for the trailing twelve months is around 1.57%, less than SYSB's 4.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCPL BNY Mellon Core Plus ETF	1.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SYSB iShares Systematic Bond ETF	4.62%	4.78%	5.04%	4.44%	3.27%	1.92%	2.57%	3.27%	3.61%	2.74%	2.92%	2.26%

Frequently Asked Questions

Can I hold both BCPL and SYSB in my portfolio?

With a correlation of 0.90, BCPL and SYSB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BCPL or SYSB?

On fees, SYSB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCPL or SYSB?

SYSB is cheaper with a 0.25% expense ratio, compared with 0.40% for BCPL.

Which ETF pays a higher dividend yield, BCPL or SYSB?

SYSB has the higher dividend yield at 4.62%, compared with 1.57% for BCPL.

What is the main difference between BCPL and SYSB?

They also come from different issuers: BNY Mellon and iShares. Their fees differ too: 0.40% for BCPL and 0.25% for SYSB.