BKCI vs. BKSE

Last updated Aug 4, 2026

BKCI (BNY Mellon Concentrated International ETF) and BKSE (BNY Mellon US Small Cap Core Equity ETF) are both exchange-traded funds - BKCI is a Foreign Large Cap Equities fund actively managed by BNY Mellon, while BKSE is a Small Cap Growth Equities fund tracking the Morningstar US Small Cap Index. BKCI is actively managed, while BKSE is passively managed. Over the past 3 years, BKCI returned 6.03%/yr vs 16.98%/yr for BKSE. Their 0.70 correlation means they have sometimes moved together and sometimes differently. BKCI charges 0.80%/yr vs 0.04%/yr for BKSE.

Performance

BKCI vs. BKSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Concentrated International ETF (BKCI) and BNY Mellon US Small Cap Core Equity ETF (BKSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKCI achieves a 4.65% return, which is significantly lower than BKSE's 20.27% return.

BKCI

• 1D: 0.75%
• 1M: -0.02%
• 6M: 2.02%
• YTD: 4.65%
• 1Y: 10.75%
• 3Y*: 6.03%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.68%

BKSE

• 1D: 1.78%
• 1M: 1.08%
• 6M: 13.72%
• YTD: 20.27%
• 1Y: 37.25%
• 3Y*: 16.98%
• 5Y*: 9.11%
• 10Y*: —
• ALL TIME*: 16.75%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BKCI BNY Mellon Concentrated International ETF	$307.88K	$335.15K	$368.96K
BKSE BNY Mellon US Small Cap Core Equity ETF	$343.03K	$235.90K	$242.30K

BKCI vs. BKSE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BKCI BNY Mellon Concentrated International ETF	4.65%	9.94%	-2.44%	20.27%	-20.26%	0.38%
BKSE BNY Mellon US Small Cap Core Equity ETF	20.27%	13.09%	9.56%	22.37%	-18.44%	0.65%

Correlation

The correlation between BKCI and BKSE is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (3Y) Balances recent behavior with more history.	0.67
Correlation (All Time) Calculated using the full available price history since Dec 8, 2021	0.70

The correlation between BKCI and BKSE has been stable across timeframes, ranging from 0.67 to 0.70 - a consistent structural relationship.

BKCI vs. BKSE - Sectors Allocation Comparison

Sectors	BKCI	BKSE
Technology	26.2%	16.0%
Healthcare	20.3%	14.2%
Consumer Cyclical	14.8%	13.5%
Basic Materials	11.3%	4.3%
Industrials	9.8%	14.9%
Financial Services	4.4%	16.4%
Energy	4.4%	5.9%
Consumer Defensive	3.5%	2.6%
Real Estate	2.9%	7.2%
Communication Services	2.3%	2.0%
Utilities	-	3.1%

Return for Risk

BKCI vs. BKSE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BKCI

BKCI Risk / Return Rank: 30
BKCI Sharpe Ratio Rank: 30
BKCI Sortino Ratio Rank: 29
BKCI Omega Ratio Rank: 27
BKCI Calmar Ratio Rank: 29
BKCI Martin Ratio Rank: 33

BKSE

BKSE Risk / Return Rank: 87
BKSE Sharpe Ratio Rank: 86
BKSE Sortino Ratio Rank: 88
BKSE Omega Ratio Rank: 82
BKSE Calmar Ratio Rank: 90
BKSE Martin Ratio Rank: 89

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BKCI vs. BKSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Concentrated International ETF (BKCI) and BNY Mellon US Small Cap Core Equity ETF (BKSE). 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.

	BKCI	BKSE	Difference
Sharpe ratio: Return per unit of total volatility	0.75	2.16	-1.41
Sortino ratio: Return per unit of downside risk	1.13	3.11	-1.98
Omega ratio: Gain probability vs. loss probability	1.13	1.37	-0.23
Calmar ratio: Return relative to maximum drawdown	0.96	3.98	-3.02
Martin ratio: Return relative to average drawdown	3.27	14.29	-11.02

BKCI vs. BKSE - Sharpe Ratio Comparison

The current BKCI Sharpe Ratio is 0.75, which is lower than the BKSE Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of BKCI and BKSE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BKCI vs. BKSE - Drawdown Comparison

The maximum BKCI drawdown since its inception was -31.03%, which is greater than BKSE's maximum drawdown of -29.08%. Use the drawdown chart below to compare losses from any high point for BKCI and BKSE.

Drawdown Indicators

	BKCI	BKSE	Difference
Max Drawdown Largest peak-to-trough decline	-31.03%	-29.08%	-1.95%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	-9.40%	-1.90%
Max Drawdown (3Y) Largest decline over 3 years	-20.02%	-26.76%	+6.74%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.08%	—
Current Drawdown Current decline from peak	-0.58%	0.00%	-0.58%
Average Drawdown Average peak-to-trough decline	-9.12%	-8.85%	-0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.29%	2.61%	+0.68%

Volatility

BKCI vs. BKSE - Volatility Comparison

The current volatility for BNY Mellon Concentrated International ETF (BKCI) is 3.52%, while BNY Mellon US Small Cap Core Equity ETF (BKSE) has a volatility of 3.80%. This indicates that BKCI experiences smaller price fluctuations and is considered to be less risky than BKSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKCI	BKSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.52%	3.80%	-0.28%
Volatility (6M) Calculated over the trailing 6-month period	11.67%	11.99%	-0.32%
Volatility (1Y) Calculated over the trailing 1-year period	14.47%	17.39%	-2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.52%	21.36%	-4.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.52%	22.13%	-5.61%

BKCI vs. BKSE - Expense Ratio Comparison

BKCI has a 0.80% expense ratio, which is higher than BKSE's 0.04% expense ratio.

Dividends

BKCI vs. BKSE - Dividend Comparison

BKCI's dividend yield for the trailing twelve months is around 1.33%, more than BKSE's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKCI BNY Mellon Concentrated International ETF	1.33%	1.39%	0.78%	0.73%	0.46%	0.00%	0.00%
BKSE BNY Mellon US Small Cap Core Equity ETF	1.19%	1.26%	1.55%	1.38%	1.50%	1.17%	0.82%

Frequently Asked Questions

Can I hold both BKCI and BKSE in my portfolio?

BKCI and BKSE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKCI or BKSE?

BKSE has higher volatility (3.80%) compared to BKCI (3.52%). In terms of maximum drawdown, BKCI dropped -31.03% vs BKSE's -29.08%.

Which ETF is better, BKCI or BKSE?

On 3-year performance, BKSE leads with 16.98% vs 6.03% for BKCI. On fees, BKSE is cheaper at 0.04% per year. On volatility, BKCI has been the lower-risk option at 3.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKCI or BKSE?

Over the 3-year period, BKSE has performed better with a 16.98% return vs 6.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKCI or BKSE?

BKSE is cheaper with a 0.04% expense ratio, compared with 0.80% for BKCI.

Which ETF pays a higher dividend yield, BKCI or BKSE?

BKCI has the higher dividend yield at 1.33%, compared with 1.19% for BKSE.

What is the main difference between BKCI and BKSE?

BKCI is categorized as Foreign Large Cap Equities, while BKSE is Small Cap Growth Equities. Their fees differ too: 0.80% for BKCI and 0.04% for BKSE.

Which has better risk-adjusted returns?

BKSE currently has the higher Sharpe Ratio (2.16 vs 0.75), 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.