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BKAG vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BKAG and FXAIX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

BKAG vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Core Bond ETF (BKAG) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
1.06%
10.77%
BKAG
FXAIX

Key characteristics

Sharpe Ratio

BKAG:

0.27

FXAIX:

2.26

Sortino Ratio

BKAG:

0.41

FXAIX:

3.00

Omega Ratio

BKAG:

1.05

FXAIX:

1.42

Calmar Ratio

BKAG:

0.11

FXAIX:

3.35

Martin Ratio

BKAG:

0.74

FXAIX:

14.77

Ulcer Index

BKAG:

2.00%

FXAIX:

1.92%

Daily Std Dev

BKAG:

5.49%

FXAIX:

12.52%

Max Drawdown

BKAG:

-18.52%

FXAIX:

-33.79%

Current Drawdown

BKAG:

-9.25%

FXAIX:

-1.12%

Returns By Period

In the year-to-date period, BKAG achieves a 1.07% return, which is significantly lower than FXAIX's 27.89% return.


BKAG

YTD

1.07%

1M

-0.50%

6M

1.07%

1Y

1.47%

5Y*

N/A

10Y*

N/A

FXAIX

YTD

27.89%

1M

0.94%

6M

10.77%

1Y

28.33%

5Y*

15.02%

10Y*

13.03%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BKAG vs. FXAIX - Expense Ratio Comparison

BKAG has a 0.00% expense ratio, which is lower than FXAIX's 0.02% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FXAIX
Fidelity 500 Index Fund
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%
Expense ratio chart for BKAG: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

BKAG vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Core Bond ETF (BKAG) and Fidelity 500 Index Fund (FXAIX). 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.


Sharpe ratio
The chart of Sharpe ratio for BKAG, currently valued at 0.27, compared to the broader market0.002.004.000.272.26
The chart of Sortino ratio for BKAG, currently valued at 0.41, compared to the broader market-2.000.002.004.006.008.0010.000.413.00
The chart of Omega ratio for BKAG, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.001.051.42
The chart of Calmar ratio for BKAG, currently valued at 0.11, compared to the broader market0.005.0010.0015.000.113.35
The chart of Martin ratio for BKAG, currently valued at 0.74, compared to the broader market0.0020.0040.0060.0080.00100.000.7414.77
BKAG
FXAIX

The current BKAG Sharpe Ratio is 0.27, which is lower than the FXAIX Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of BKAG and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.27
2.26
BKAG
FXAIX

Dividends

BKAG vs. FXAIX - Dividend Comparison

BKAG's dividend yield for the trailing twelve months is around 4.07%, more than FXAIX's 0.87% yield.


TTM20232022202120202019201820172016201520142013
BKAG
BNY Mellon Core Bond ETF
4.07%3.33%2.49%1.55%1.16%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FXAIX
Fidelity 500 Index Fund
0.87%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

BKAG vs. FXAIX - Drawdown Comparison

The maximum BKAG drawdown since its inception was -18.52%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for BKAG and FXAIX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.25%
-1.12%
BKAG
FXAIX

Volatility

BKAG vs. FXAIX - Volatility Comparison

The current volatility for BNY Mellon Core Bond ETF (BKAG) is 1.54%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.88%. This indicates that BKAG experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.54%
3.88%
BKAG
FXAIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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