BEDY vs. IWX
BEDY (BNY Mellon Enhanced Dividend Income ETF) and IWX (iShares Russell Top 200 Value ETF) are both Large Cap Value Equities funds. BEDY is actively managed, while IWX is passively managed. Their correlation of 0.85 means they have usually moved in the same direction. BEDY charges 0.50%/yr vs 0.20%/yr for IWX.
Performance
BEDY vs. IWX - Performance Comparison
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Returns By Period
In the year-to-date period, BEDY achieves a 16.02% return, which is significantly lower than IWX's 20.90% return.
BEDY
- 1D
- 0.16%
- 1M
- 1.84%
- 6M
- 11.84%
- YTD
- 16.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IWX
- 1D
- 0.74%
- 1M
- 2.59%
- 6M
- 15.57%
- YTD
- 20.90%
- 1Y
- 34.92%
- 3Y*
- 18.98%
- 5Y*
- 12.65%
- 10Y*
- 12.13%
- ALL TIME*
- 11.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.95M | $1.66M | $1.56M | |
| $55.11M | $49.72M | $33.93M |
BEDY vs. IWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BEDY BNY Mellon Enhanced Dividend Income ETF | 16.02% | 1.45% |
IWX iShares Russell Top 200 Value ETF | 20.90% | 0.80% |
Correlation
The correlation between BEDY and IWX is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 8, 2025 | 0.85 |
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Return for Risk
BEDY vs. IWX — Risk / Return Rank
BEDY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IWX
BEDY vs. IWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Enhanced Dividend Income ETF (BEDY) and iShares Russell Top 200 Value ETF (IWX). 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.
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.
| BEDY | IWX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.55 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.05 | — |
| Martin ratioReturn relative to average drawdown | — | 22.22 | — |
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Drawdowns
BEDY vs. IWX - Drawdown Comparison
The maximum BEDY drawdown since its inception was -6.25%, smaller than the maximum IWX drawdown of -35.76%. Use the drawdown chart below to compare losses from any high point for BEDY and IWX.
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Drawdown Indicators
| BEDY | IWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.25% | -35.76% | +29.51% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.37% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.13% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.76% | — |
Current DrawdownCurrent decline from peak | -0.90% | 0.00% | -0.90% |
Average DrawdownAverage peak-to-trough decline | -1.14% | -3.79% | +2.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.50% | — |
Volatility
BEDY vs. IWX - Volatility Comparison
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Volatility by Period
| BEDY | IWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.46% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.77% | 10.81% | +0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.77% | 13.89% | -2.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.77% | 16.48% | -4.71% |
BEDY vs. IWX - Expense Ratio Comparison
BEDY has a 0.50% expense ratio, which is higher than IWX's 0.20% expense ratio.
Dividends
BEDY vs. IWX - Dividend Comparison
BEDY's dividend yield for the trailing twelve months is around 3.87%, more than IWX's 1.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEDY BNY Mellon Enhanced Dividend Income ETF | 3.87% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWX iShares Russell Top 200 Value ETF | 1.39% | 1.59% | 1.97% | 2.13% | 2.07% | 1.79% | 2.12% | 2.60% | 2.66% | 2.12% | 2.22% | 2.77% |
Frequently Asked Questions
BEDY and IWX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWX is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWX is cheaper with a 0.20% expense ratio, compared with 0.50% for BEDY.
BEDY has the higher dividend yield at 3.87%, compared with 1.39% for IWX.
They also come from different issuers: BNY Mellon and iShares. Their fees differ too: 0.50% for BEDY and 0.20% for IWX.
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