BEDY vs. KWIN

Last updated Jul 14, 2026

BEDY (BNY Mellon Enhanced Dividend Income ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds. BEDY is actively managed, while KWIN is passively managed. At a 0.16 correlation, their price movements are largely independent. BEDY charges 0.50%/yr vs 0.51%/yr for KWIN.

Performance

BEDY vs. KWIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Enhanced Dividend Income ETF (BEDY) and KraneShares Wahed Alternative Income Index ETF (KWIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BEDY achieves a 14.52% return, which is significantly higher than KWIN's 1.59% return.

BEDY

• 1D: 0.31%
• 1M: 1.48%
• 6M: 11.16%
• YTD: 14.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KWIN

• 1D: 0.06%
• 1M: 0.13%
• 6M: 1.08%
• YTD: 1.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEDY vs. KWIN - Yearly Performance Comparison

	2026 (YTD)	2025
BEDY BNY Mellon Enhanced Dividend Income ETF	14.52%	1.45%
KWIN KraneShares Wahed Alternative Income Index ETF	1.59%	0.21%

Correlation

The correlation between BEDY and KWIN is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 8, 2025	0.16

Return for Risk

BEDY vs. KWIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Enhanced Dividend Income ETF (BEDY) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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.

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

Drawdowns

BEDY vs. KWIN - Drawdown Comparison

The maximum BEDY drawdown since its inception was -6.25%, which is greater than KWIN's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for BEDY and KWIN.

Drawdown Indicators

	BEDY	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-6.25%	-1.50%	-4.75%
Current Drawdown Current decline from peak	0.00%	-1.44%	+1.44%
Average Drawdown Average peak-to-trough decline	-1.18%	-0.25%	-0.93%

Volatility

Volatility by Period

	BEDY	KWIN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.87%	4.16%	+7.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.87%	4.16%	+7.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.87%	4.16%	+7.71%

BEDY vs. KWIN - Expense Ratio Comparison

BEDY has a 0.50% expense ratio, which is lower than KWIN's 0.51% expense ratio.

Dividends

BEDY vs. KWIN - Dividend Comparison

BEDY's dividend yield for the trailing twelve months is around 3.92%, while KWIN has not paid dividends to shareholders.

Position	TTM	2025
BEDY BNY Mellon Enhanced Dividend Income ETF	3.92%	0.09%
KWIN KraneShares Wahed Alternative Income Index ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BEDY and KWIN in my portfolio?

BEDY and KWIN have a correlation of 0.16, 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 KWIN?

On fees, BEDY is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEDY or KWIN?

BEDY is cheaper with a 0.50% expense ratio, compared with 0.51% for KWIN.

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

BEDY has the higher dividend yield at 3.92%, compared with 0.00% for KWIN.

What is the main difference between BEDY and KWIN?

They also come from different issuers: BNY Mellon and KraneShares. Their fees differ too: 0.50% for BEDY and 0.51% for KWIN.