BKCG vs. ILCG

Last updated Jun 4, 2026

BKCG (BNY Mellon Concentrated Growth ETF) and ILCG (iShares Morningstar Growth ETF) are both Large Cap Growth Equities funds. BKCG is actively managed, while ILCG is passively managed. Over the past year, BKCG returned 13.80% vs 28.93% for ILCG. Their correlation of 0.91 suggests significant overlap in exposure. BKCG charges 0.50%/yr vs 0.04%/yr for ILCG.

Performance

BKCG vs. ILCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Concentrated Growth ETF (BKCG) and iShares Morningstar Growth ETF (ILCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKCG achieves a 4.02% return, which is significantly lower than ILCG's 14.41% return.

BKCG

• 1D: -1.19%
• 1M: 1.33%
• YTD: 4.02%
• 6M: 4.51%
• 1Y: 13.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILCG

• 1D: -0.06%
• 1M: 6.73%
• YTD: 14.41%
• 6M: 14.04%
• 1Y: 28.93%
• 3Y*: 26.58%
• 5Y*: 14.94%
• 10Y*: 18.11%

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

BKCG vs. ILCG - Yearly Performance Comparison

	2026 (YTD)	2025
BKCG BNY Mellon Concentrated Growth ETF	4.02%	18.56%
ILCG iShares Morningstar Growth ETF	14.41%	28.96%

Correlation

The correlation between BKCG and ILCG 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 (1Y) Calculated over the trailing 1-year period	0.89
Correlation (All Time) Calculated using the full available price history since Apr 1, 2025	0.91

The correlation between BKCG and ILCG has been stable across timeframes, ranging from 0.89 to 0.91 - a consistent structural relationship.

BKCG vs. ILCG - Sectors Allocation Comparison

Sectors	BKCG	ILCG
Technology	37.8%	49.8%
Financial Services	19.5%	6.0%
Communication Services	12.8%	14.5%
Consumer Cyclical	11.6%	10.6%
Industrials	9.2%	8.3%
Healthcare	6.2%	5.3%
Consumer Defensive	2.9%	1.6%
Basic Materials	-	1.1%
Energy	-	0.5%
Real Estate	-	1.4%
Utilities	-	0.8%

Return for Risk

BKCG vs. ILCG — Risk / Return Rank

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

BKCG

BKCG Risk / Return Rank: 29
BKCG Sharpe Ratio Rank: 30
BKCG Sortino Ratio Rank: 28
BKCG Omega Ratio Rank: 29
BKCG Calmar Ratio Rank: 25
BKCG Martin Ratio Rank: 32

ILCG

ILCG Risk / Return Rank: 47
ILCG Sharpe Ratio Rank: 53
ILCG Sortino Ratio Rank: 50
ILCG Omega Ratio Rank: 51
ILCG Calmar Ratio Rank: 38
ILCG Martin Ratio Rank: 42

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.

BKCG vs. ILCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Concentrated Growth ETF (BKCG) and iShares Morningstar Growth ETF (ILCG). 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.

	BKCG	ILCG	Difference
Sharpe ratio: Return per unit of total volatility	1.05	1.78	-0.73
Sortino ratio: Return per unit of downside risk	1.51	2.41	-0.89
Omega ratio: Gain probability vs. loss probability	1.19	1.31	-0.13
Calmar ratio: Return relative to maximum drawdown	1.14	1.86	-0.71
Martin ratio: Return relative to average drawdown	4.65	6.54	-1.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKCG vs. ILCG - Sharpe Ratio Comparison

The current BKCG Sharpe Ratio is 1.05, which is lower than the ILCG Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of BKCG and ILCG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BKCG	ILCG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	1.78	-0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	0.59	+0.50

Drawdowns

BKCG vs. ILCG - Drawdown Comparison

The maximum BKCG drawdown since its inception was -12.12%, smaller than the maximum ILCG drawdown of -52.98%. Use the drawdown chart below to compare losses from any high point for BKCG and ILCG.

Drawdown Indicators

	BKCG	ILCG	Difference
Max Drawdown Largest peak-to-trough decline	-12.12%	-52.98%	+40.86%
Max Drawdown (1Y) Largest decline over 1 year	-12.12%	-15.65%	+3.53%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.38%	—
Current Drawdown Current decline from peak	-2.09%	-1.08%	-1.01%
Average Drawdown Average peak-to-trough decline	-1.97%	-8.22%	+6.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	4.43%	-1.46%

Volatility

BKCG vs. ILCG - Volatility Comparison

The current volatility for BNY Mellon Concentrated Growth ETF (BKCG) is 3.38%, while iShares Morningstar Growth ETF (ILCG) has a volatility of 4.39%. This indicates that BKCG experiences smaller price fluctuations and is considered to be less risky than ILCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKCG	ILCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.38%	4.39%	-1.01%
Volatility (6M) Calculated over the trailing 6-month period	10.37%	12.81%	-2.44%
Volatility (1Y) Calculated over the trailing 1-year period	13.19%	16.30%	-3.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.03%	21.99%	-3.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	21.53%	-3.50%

BKCG vs. ILCG - Expense Ratio Comparison

BKCG has a 0.50% expense ratio, which is higher than ILCG's 0.04% expense ratio.

Dividends

BKCG vs. ILCG - Dividend Comparison

BKCG's dividend yield for the trailing twelve months is around 0.78%, more than ILCG's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKCG BNY Mellon Concentrated Growth ETF	0.78%	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ILCG iShares Morningstar Growth ETF	0.40%	0.47%	0.50%	0.69%	0.75%	0.34%	0.28%	0.54%	0.81%	0.89%	0.95%	0.99%

Frequently Asked Questions

Can I hold both BKCG and ILCG in my portfolio?

BKCG and ILCG 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 is riskier, BKCG or ILCG?

ILCG has higher volatility (4.39%) compared to BKCG (3.38%). In terms of maximum drawdown, BKCG dropped -12.12% vs ILCG's -52.98%.

Which ETF is better, BKCG or ILCG?

On 1-year performance, ILCG leads with 28.93% vs 13.80% for BKCG. On fees, ILCG is cheaper at 0.04% per year. On volatility, BKCG has been the lower-risk option at 3.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKCG or ILCG?

Over the 1-year period, ILCG has performed better with a 28.93% return vs 13.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKCG or ILCG?

ILCG is cheaper with a 0.04% expense ratio, compared with 0.50% for BKCG.

Which ETF pays a higher dividend yield, BKCG or ILCG?

BKCG has the higher dividend yield at 0.78%, compared with 0.40% for ILCG.

What is the main difference between BKCG and ILCG?

They also come from different issuers: BNY Mellon and iShares. Their fees differ too: 0.50% for BKCG and 0.04% for ILCG.

Which has better risk-adjusted returns?

ILCG currently has the higher Sharpe Ratio (1.78 vs 1.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.