BEDY vs. BKSE

Last updated Jun 3, 2026

BEDY (BNY Mellon Enhanced Dividend Income ETF) and BKSE (BNY Mellon US Small Cap Core Equity ETF) are both exchange-traded funds - BEDY is a Large Cap Value Equities fund actively managed by BNY Mellon, while BKSE is a Small Cap Growth Equities fund tracking the Morningstar US Small Cap Index. BEDY is actively managed, while BKSE is passively managed. Their correlation of 0.81 suggests significant overlap in exposure. BEDY charges 0.50%/yr vs 0.04%/yr for BKSE.

Performance

BEDY vs. BKSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Enhanced Dividend Income ETF (BEDY) and BNY Mellon US Small Cap Core Equity ETF (BKSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BEDY achieves a 10.77% return, which is significantly lower than BKSE's 14.30% return.

BEDY

• 1D: 1.13%
• 1M: 2.86%
• YTD: 10.77%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BKSE

• 1D: 0.34%
• 1M: 3.07%
• YTD: 14.30%
• 6M: 15.09%
• 1Y: 36.43%
• 3Y*: 17.83%
• 5Y*: 7.21%
• 10Y*: —

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

BEDY vs. BKSE - Yearly Performance Comparison

	2026 (YTD)	2025
BEDY BNY Mellon Enhanced Dividend Income ETF	10.77%	1.62%
BKSE BNY Mellon US Small Cap Core Equity ETF	14.30%	-0.63%

Correlation

The correlation between BEDY and BKSE is 0.81, 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 Dec 9, 2025	0.81

Return for Risk

BEDY vs. BKSE — Risk / Return Rank

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

BKSE

BKSE Risk / Return Rank: 65
BKSE Sharpe Ratio Rank: 61
BKSE Sortino Ratio Rank: 63
BKSE Omega Ratio Rank: 57
BKSE Calmar Ratio Rank: 75
BKSE Martin Ratio Rank: 70

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.

BEDY vs. BKSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Enhanced Dividend Income ETF (BEDY) and BNY Mellon US Small Cap Core Equity ETF (BKSE). 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

	BEDY	BKSE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.36	0.74	+1.62

Drawdowns

BEDY vs. BKSE - Drawdown Comparison

The maximum BEDY drawdown since its inception was -6.25%, smaller than the maximum BKSE drawdown of -29.08%. Use the drawdown chart below to compare losses from any high point for BEDY and BKSE.

Drawdown Indicators

	BEDY	BKSE	Difference
Max Drawdown Largest peak-to-trough decline	-6.25%	-29.08%	+22.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.40%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.08%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.37%	-9.06%	+7.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.69%	—

Volatility

Volatility by Period

	BEDY	BKSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.92%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.02%	17.59%	-5.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.02%	21.43%	-9.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.02%	22.30%	-10.28%

BEDY vs. BKSE - Expense Ratio Comparison

BEDY has a 0.50% expense ratio, which is higher than BKSE's 0.04% expense ratio.

Dividends

BEDY vs. BKSE - Dividend Comparison

BEDY's dividend yield for the trailing twelve months is around 3.34%, more than BKSE's 1.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BEDY BNY Mellon Enhanced Dividend Income ETF	3.34%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%
BKSE BNY Mellon US Small Cap Core Equity ETF	1.15%	1.26%	1.55%	1.38%	1.50%	1.17%	0.82%

Frequently Asked Questions

Can I hold both BEDY and BKSE in my portfolio?

BEDY and BKSE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEDY or BKSE?

On fees, BKSE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEDY or BKSE?

BKSE is cheaper with a 0.04% expense ratio, compared with 0.50% for BEDY.

Which ETF pays a higher dividend yield, BEDY or BKSE?

BEDY has the higher dividend yield at 3.34%, compared with 1.15% for BKSE.

What is the main difference between BEDY and BKSE?

BEDY is categorized as Large Cap Value Equities, while BKSE is Small Cap Growth Equities. Their fees differ too: 0.50% for BEDY and 0.04% for BKSE.