BKDV vs. BKEM

Last updated Apr 2, 2026

Compare and contrast key facts about BNY Mellon Dynamic Value ETF (BKDV) and BNY Mellon Emerging Markets Equity ETF (BKEM).

BKDV and BKEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKDV is an actively managed fund by BNY Mellon. It was launched on Nov 1, 2024. BKEM is a passively managed fund by BNY Mellon that tracks the performance of the Morningstar Emerging Markets Large Cap Index. It was launched on Apr 24, 2020.

Performance

BKDV vs. BKEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Dynamic Value ETF (BKDV) and BNY Mellon Emerging Markets Equity ETF (BKEM). The values are adjusted to include any dividend payments, if applicable.

BKDV vs. BKEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BKDV BNY Mellon Dynamic Value ETF	2.55%	18.58%	-0.91%
BKEM BNY Mellon Emerging Markets Equity ETF	6.61%	30.55%	-4.21%

Returns By Period

In the year-to-date period, BKDV achieves a 2.55% return, which is significantly lower than BKEM's 6.61% return.

BKDV

• 1D: 0.34%
• 1M: -3.53%
• YTD: 2.55%
• 6M: 7.74%
• 1Y: 18.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BKEM

• 1D: 0.74%
• 1M: -7.07%
• YTD: 6.61%
• 6M: 9.15%
• 1Y: 34.00%
• 3Y*: 16.18%
• 5Y*: 3.78%
• 10Y*: —

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

BKDV vs. BKEM - Expense Ratio Comparison

BKDV has a 0.60% expense ratio, which is higher than BKEM's 0.11% expense ratio.

BKDV

BNY Mellon Dynamic Value ETF

BKEM

BNY Mellon Emerging Markets Equity ETF

Return for Risk

BKDV vs. BKEM — Risk / Return Rank

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

BKDV

BKDV Risk / Return Rank: 57
BKDV Sharpe Ratio Rank: 59
BKDV Sortino Ratio Rank: 58
BKDV Omega Ratio Rank: 60
BKDV Calmar Ratio Rank: 50
BKDV Martin Ratio Rank: 58

BKEM

BKEM Risk / Return Rank: 83
BKEM Sharpe Ratio Rank: 83
BKEM Sortino Ratio Rank: 83
BKEM Omega Ratio Rank: 82
BKEM Calmar Ratio Rank: 84
BKEM Martin Ratio Rank: 82

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.

BKDV vs. BKEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Dynamic Value ETF (BKDV) and BNY Mellon Emerging Markets Equity ETF (BKEM). 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.

	BKDV	BKEM	Difference
Sharpe ratio Return per unit of total volatility	1.11	1.70	-0.59
Sortino ratio Return per unit of downside risk	1.58	2.28	-0.70
Omega ratio Gain probability vs. loss probability	1.24	1.33	-0.09
Calmar ratio Return relative to maximum drawdown	1.52	2.64	-1.11
Martin ratio Return relative to average drawdown	6.67	9.80	-3.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKDV vs. BKEM - Sharpe Ratio Comparison

The current BKDV Sharpe Ratio is 1.11, which is lower than the BKEM Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of BKDV and BKEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BKDV	BKEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	1.70	-0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.59	+0.31

Correlation

The correlation between BKDV and BKEM is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BKDV vs. BKEM - Dividend Comparison

BKDV's dividend yield for the trailing twelve months is around 0.60%, less than BKEM's 1.77% yield.

	TTM	2025	2024	2023	2022	2021	2020
BKDV BNY Mellon Dynamic Value ETF	0.60%	0.62%	0.27%	0.00%	0.00%	0.00%	0.00%
BKEM BNY Mellon Emerging Markets Equity ETF	1.77%	2.25%	2.76%	3.02%	3.15%	2.22%	1.78%

Drawdowns

BKDV vs. BKEM - Drawdown Comparison

The maximum BKDV drawdown since its inception was -15.49%, smaller than the maximum BKEM drawdown of -39.48%. Use the drawdown chart below to compare losses from any high point for BKDV and BKEM.

Drawdown Indicators

	BKDV	BKEM	Difference
Max Drawdown Largest peak-to-trough decline	-15.49%	-39.48%	+23.99%
Max Drawdown (1Y) Largest decline over 1 year	-12.07%	-13.11%	+1.04%
Max Drawdown (5Y) Largest decline over 5 years	—	-36.65%	—
Current Drawdown Current decline from peak	-4.37%	-9.29%	+4.92%
Average Drawdown Average peak-to-trough decline	-2.60%	-16.41%	+13.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	3.53%	-0.77%

Volatility

BKDV vs. BKEM - Volatility Comparison

The current volatility for BNY Mellon Dynamic Value ETF (BKDV) is 4.53%, while BNY Mellon Emerging Markets Equity ETF (BKEM) has a volatility of 9.18%. This indicates that BKDV experiences smaller price fluctuations and is considered to be less risky than BKEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKDV	BKEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	9.18%	-4.65%
Volatility (6M) Calculated over the trailing 6-month period	9.09%	14.68%	-5.59%
Volatility (1Y) Calculated over the trailing 1-year period	16.86%	20.08%	-3.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.03%	18.31%	-2.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.03%	18.87%	-2.84%