BEDY vs. CSTK

Last updated Jun 4, 2026

BEDY (BNY Mellon Enhanced Dividend Income ETF) and CSTK (Invesco Comstock Contrarian Equity ETF) are both Large Cap Value Equities funds. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. BEDY charges 0.50%/yr vs 0.35%/yr for CSTK.

Performance

BEDY vs. CSTK - Performance Comparison

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

Returns By Period

In the year-to-date period, BEDY achieves a 10.40% return, which is significantly lower than CSTK's 11.29% return.

BEDY

• 1D: -0.33%
• 1M: 2.93%
• YTD: 10.40%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CSTK

• 1D: 0.07%
• 1M: 3.59%
• YTD: 11.29%
• 6M: 13.04%
• 1Y: 26.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEDY vs. CSTK - Yearly Performance Comparison

	2026 (YTD)	2025
BEDY BNY Mellon Enhanced Dividend Income ETF	10.40%	1.62%
CSTK Invesco Comstock Contrarian Equity ETF	11.29%	1.96%

Correlation

The correlation between BEDY and CSTK is 0.89, 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	0.89

Return for Risk

BEDY vs. CSTK — Risk / Return Rank

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

CSTK

CSTK Risk / Return Rank: 70
CSTK Sharpe Ratio Rank: 74
CSTK Sortino Ratio Rank: 77
CSTK Omega Ratio Rank: 71
CSTK Calmar Ratio Rank: 62
CSTK Martin Ratio Rank: 66

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. CSTK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Enhanced Dividend Income ETF (BEDY) and Invesco Comstock Contrarian Equity ETF (CSTK). 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	CSTK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.27	2.54	-0.27

Drawdowns

BEDY vs. CSTK - Drawdown Comparison

The maximum BEDY drawdown since its inception was -6.25%, smaller than the maximum CSTK drawdown of -8.87%. Use the drawdown chart below to compare losses from any high point for BEDY and CSTK.

Drawdown Indicators

	BEDY	CSTK	Difference
Max Drawdown Largest peak-to-trough decline	-6.25%	-8.87%	+2.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.87%	—
Current Drawdown Current decline from peak	-0.33%	-0.60%	+0.27%
Average Drawdown Average peak-to-trough decline	-1.36%	-1.28%	-0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.26%	—

Volatility

Volatility by Period

	BEDY	CSTK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	11.28%	+0.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.98%	11.60%	+0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.98%	11.60%	+0.38%

BEDY vs. CSTK - Expense Ratio Comparison

BEDY has a 0.50% expense ratio, which is higher than CSTK's 0.35% expense ratio.

Dividends

BEDY vs. CSTK - Dividend Comparison

BEDY's dividend yield for the trailing twelve months is around 3.35%, more than CSTK's 1.77% yield.

Position	TTM	2025
BEDY BNY Mellon Enhanced Dividend Income ETF	3.35%	0.09%
CSTK Invesco Comstock Contrarian Equity ETF	1.77%	1.44%

Frequently Asked Questions

Can I hold both BEDY and CSTK in my portfolio?

BEDY and CSTK have a correlation of 0.89, 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 CSTK?

On fees, CSTK is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEDY or CSTK?

CSTK is cheaper with a 0.35% expense ratio, compared with 0.50% for BEDY.

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

BEDY has the higher dividend yield at 3.35%, compared with 1.77% for CSTK.

What is the main difference between BEDY and CSTK?

They also come from different issuers: BNY Mellon and Invesco. Their fees differ too: 0.50% for BEDY and 0.35% for CSTK.