Correlation
The correlation between BKCI and BKAG is 0.17, 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.
BKCI vs. BKAG
Compare and contrast key facts about BNY Mellon Concentrated International ETF (BKCI) and BNY Mellon Core Bond ETF (BKAG).
BKCI and BKAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKCI is an actively managed fund by BNY Mellon. It was launched on Dec 6, 2021. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKCI or BKAG.
Performance
BKCI vs. BKAG - Performance Comparison
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Key characteristics
BKCI:
0.02
BKAG:
1.12
BKCI:
0.05
BKAG:
1.64
BKCI:
1.01
BKAG:
1.19
BKCI:
-0.04
BKAG:
0.48
BKCI:
-0.10
BKAG:
2.69
BKCI:
7.63%
BKAG:
2.22%
BKCI:
16.57%
BKAG:
5.32%
BKCI:
-31.03%
BKAG:
-18.53%
BKCI:
-6.27%
BKAG:
-6.83%
Returns By Period
In the year-to-date period, BKCI achieves a 6.54% return, which is significantly higher than BKAG's 2.57% return.
BKCI
6.54%
3.55%
2.43%
0.30%
5.97%
N/A
N/A
BKAG
2.57%
-0.76%
0.78%
5.93%
1.52%
-0.96%
N/A
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BKCI vs. BKAG - Expense Ratio Comparison
BKCI has a 0.80% expense ratio, which is higher than BKAG's 0.00% expense ratio.
Risk-Adjusted Performance
BKCI vs. BKAG — Risk-Adjusted Performance Rank
BKCI
BKAG
BKCI vs. BKAG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Concentrated International ETF (BKCI) and BNY Mellon Core Bond ETF (BKAG). 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.
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Dividends
BKCI vs. BKAG - Dividend Comparison
BKCI's dividend yield for the trailing twelve months is around 0.73%, less than BKAG's 4.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
BKCI BNY Mellon Concentrated International ETF | 0.73% | 0.78% | 0.73% | 0.46% | 0.00% | 0.00% |
BKAG BNY Mellon Core Bond ETF | 4.21% | 4.26% | 3.33% | 2.49% | 1.55% | 1.16% |
Drawdowns
BKCI vs. BKAG - Drawdown Comparison
The maximum BKCI drawdown since its inception was -31.03%, which is greater than BKAG's maximum drawdown of -18.53%. Use the drawdown chart below to compare losses from any high point for BKCI and BKAG.
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Volatility
BKCI vs. BKAG - Volatility Comparison
BNY Mellon Concentrated International ETF (BKCI) has a higher volatility of 4.01% compared to BNY Mellon Core Bond ETF (BKAG) at 1.48%. This indicates that BKCI's price experiences larger fluctuations and is considered to be riskier than BKAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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