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BKAG vs. VOO

Last updated May 27, 2023

Compare and contrast key facts about BNY Mellon Core Bond ETF (BKAG) and Vanguard S&P 500 ETF (VOO).

BKAG and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKAG is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Bloomberg Barclays US Aggregate Bond Index. It was launched on Apr 24, 2020. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BKAG and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKAG or VOO.

Key characteristics


BKAGVOO
YTD Return1.35%10.28%
1Y Return-3.88%5.42%
5Y Return (Ann)-3.89%11.00%
10Y Return (Ann)-3.89%11.83%
Sharpe Ratio-0.480.36
Daily Std Dev8.18%21.12%
Max Drawdown-18.53%-33.99%

Correlation

0.08
-1.001.00

The correlation between BKAG and VOO is 0.08, 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.

BKAG vs. VOO - Performance Comparison

In the year-to-date period, BKAG achieves a 1.35% return, which is significantly lower than VOO's 10.28% return. Over the past 10 years, BKAG has underperformed VOO with an annualized return of -3.89%, while VOO has yielded a comparatively higher 11.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%December2023FebruaryMarchAprilMay
-11.53%
55.64%
BKAG
VOO

Compare stocks, funds, or ETFs


BNY Mellon Core Bond ETF

Vanguard S&P 500 ETF

BKAG vs. VOO - Dividend Comparison

BKAG's dividend yield for the trailing twelve months is around 3.56%, more than VOO's 1.93% yield.


TTM20222021202020192018201720162015201420132012
BKAG
BNY Mellon Core Bond ETF
3.56%2.52%1.60%1.22%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.93%1.70%1.27%1.60%1.99%2.22%1.95%2.25%2.40%2.16%2.18%2.64%

BKAG vs. VOO - Expense Ratio Comparison

BKAG has a 0.00% expense ratio, which is lower than VOO's 0.03% expense ratio.

0.03%
0.00%2.15%
0.00%
0.00%2.15%

BKAG vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Core Bond ETF (BKAG) and Vanguard S&P 500 ETF (VOO). 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BKAG
BNY Mellon Core Bond ETF
-0.48
VOO
Vanguard S&P 500 ETF
0.36

BKAG vs. VOO - Sharpe Ratio Comparison

The current BKAG Sharpe Ratio is -0.48, which is lower than the VOO Sharpe Ratio of 0.36. The chart below compares the 12-month rolling Sharpe Ratio of BKAG and VOO.


-1.50-1.00-0.500.000.50December2023FebruaryMarchAprilMay
-0.48
0.36
BKAG
VOO

BKAG vs. VOO - Drawdown Comparison

The maximum BKAG drawdown for the period was -15.32%, roughly equal to the maximum VOO drawdown of -19.87%. The drawdown chart below compares losses from any high point along the way for BKAG and VOO


-20.00%-18.00%-16.00%-14.00%-12.00%-10.00%December2023FebruaryMarchAprilMay
-13.89%
-10.31%
BKAG
VOO

BKAG vs. VOO - Volatility Comparison

The current volatility for BNY Mellon Core Bond ETF (BKAG) is 2.09%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.82%. This indicates that BKAG experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%December2023FebruaryMarchAprilMay
2.09%
3.82%
BKAG
VOO