BKDV vs. BKIE

Last updated Aug 2, 2026

BKDV (BNY Mellon Dynamic Value ETF) and BKIE (BNY Mellon International Equity ETF) are both exchange-traded funds - BKDV is a Large Cap Value Equities fund actively managed by BNY Mellon, while BKIE is a Foreign Large Cap Equities fund tracking the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR. BKDV is actively managed, while BKIE is passively managed. Over the past year, BKDV returned 30.07% vs 26.09% for BKIE. Their 0.66 correlation means they have sometimes moved together and sometimes differently. BKDV charges 0.60%/yr vs 0.04%/yr for BKIE.

Performance

BKDV vs. BKIE - Performance Comparison

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

Returns By Period

In the year-to-date period, BKDV achieves a 17.20% return, which is significantly higher than BKIE's 11.71% return.

BKDV

• 1D: 0.92%
• 1M: 0.92%
• 6M: 12.24%
• YTD: 17.20%
• 1Y: 30.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.24%

BKIE

• 1D: -0.70%
• 1M: 1.29%
• 6M: 6.90%
• YTD: 11.71%
• 1Y: 26.09%
• 3Y*: 17.23%
• 5Y*: 9.97%
• 10Y*: —
• ALL TIME*: 15.05%

*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)
BKDV BNY Mellon Dynamic Value ETF	$14.15M	$13.74M	$12.33M
BKIE BNY Mellon International Equity ETF	$7.08M	$6.86M	$6.10M

BKDV vs. BKIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BKDV BNY Mellon Dynamic Value ETF	17.20%	18.58%	-0.91%
BKIE BNY Mellon International Equity ETF	11.71%	32.08%	-2.92%

Correlation

The correlation between BKDV and BKIE is 0.72, 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.	0.72
Correlation (All Time) Calculated using the full available price history since Nov 4, 2024	0.66

The correlation between BKDV and BKIE has been stable across timeframes, ranging from 0.66 to 0.72 - a consistent structural relationship.

BKDV vs. BKIE - Sectors Allocation Comparison

Sectors	BKDV	BKIE
Financial Services	21.9%	26.6%
Technology	16.0%	11.7%
Healthcare	14.5%	9.1%
Industrials	11.8%	17.9%
Consumer Cyclical	9.9%	7.2%
Consumer Defensive	7.5%	6.3%
Energy	7.0%	5.0%
Communication Services	5.7%	4.1%
Basic Materials	3.4%	6.7%
Utilities	1.2%	3.5%
Real Estate	1.1%	1.8%

Return for Risk

BKDV vs. BKIE — Risk / Return Rank

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

BKDV

BKDV Risk / Return Rank: 91
BKDV Sharpe Ratio Rank: 91
BKDV Sortino Ratio Rank: 91
BKDV Omega Ratio Rank: 90
BKDV Calmar Ratio Rank: 92
BKDV Martin Ratio Rank: 92

BKIE

BKIE Risk / Return Rank: 71
BKIE Sharpe Ratio Rank: 74
BKIE Sortino Ratio Rank: 74
BKIE Omega Ratio Rank: 72
BKIE Calmar Ratio Rank: 65
BKIE Martin Ratio Rank: 71

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.

BKDV vs. BKIE - Risk-Adjusted Trends Comparison

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

	BKDV	BKIE	Difference
Sharpe ratio: Return per unit of total volatility	2.34	1.68	+0.65
Sortino ratio: Return per unit of downside risk	3.27	2.39	+0.88
Omega ratio: Gain probability vs. loss probability	1.42	1.30	+0.12
Calmar ratio: Return relative to maximum drawdown	4.29	2.25	+2.04
Martin ratio: Return relative to average drawdown	16.39	8.73	+7.66

BKDV vs. BKIE - Sharpe Ratio Comparison

The current BKDV Sharpe Ratio is 2.34, which is higher than the BKIE Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of BKDV and BKIE, 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

BKDV vs. BKIE - Drawdown Comparison

The maximum BKDV drawdown since its inception was -15.49%, smaller than the maximum BKIE drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for BKDV and BKIE.

Drawdown Indicators

	BKDV	BKIE	Difference
Max Drawdown Largest peak-to-trough decline	-15.49%	-28.19%	+12.70%
Max Drawdown (1Y) Largest decline over 1 year	-6.65%	-11.41%	+4.76%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.19%	—
Current Drawdown Current decline from peak	0.00%	-0.70%	+0.70%
Average Drawdown Average peak-to-trough decline	-2.24%	-4.88%	+2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	2.93%	-1.19%

Volatility

BKDV vs. BKIE - Volatility Comparison

The current volatility for BNY Mellon Dynamic Value ETF (BKDV) is 2.93%, while BNY Mellon International Equity ETF (BKIE) has a volatility of 4.29%. This indicates that BKDV experiences smaller price fluctuations and is considered to be less risky than BKIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKDV	BKIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.93%	4.29%	-1.36%
Volatility (6M) Calculated over the trailing 6-month period	9.30%	13.05%	-3.75%
Volatility (1Y) Calculated over the trailing 1-year period	12.28%	15.27%	-2.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	16.21%	-0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.39%	16.32%	-0.93%

BKDV vs. BKIE - Expense Ratio Comparison

BKDV has a 0.60% expense ratio, which is higher than BKIE's 0.04% expense ratio.

Dividends

BKDV vs. BKIE - Dividend Comparison

BKDV's dividend yield for the trailing twelve months is around 0.53%, less than BKIE's 3.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKDV BNY Mellon Dynamic Value ETF	0.53%	0.62%	0.27%	0.00%	0.00%	0.00%	0.00%
BKIE BNY Mellon International Equity ETF	3.15%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%

Frequently Asked Questions

Can I hold both BKDV and BKIE in my portfolio?

BKDV and BKIE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKDV or BKIE?

BKIE has higher volatility (4.29%) compared to BKDV (2.93%). In terms of maximum drawdown, BKDV dropped -15.49% vs BKIE's -28.19%.

Which ETF is better, BKDV or BKIE?

On 1-year performance, BKDV leads with 30.07% vs 26.09% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, BKDV has been the lower-risk option at 2.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKDV or BKIE?

Over the 1-year period, BKDV has performed better with a 30.07% return vs 26.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKDV or BKIE?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.60% for BKDV.

Which ETF pays a higher dividend yield, BKDV or BKIE?

BKIE has the higher dividend yield at 3.15%, compared with 0.53% for BKDV.

What is the main difference between BKDV and BKIE?

BKDV is categorized as Large Cap Value Equities, while BKIE is Foreign Large Cap Equities. Their fees differ too: 0.60% for BKDV and 0.04% for BKIE.

Which has better risk-adjusted returns?

BKDV currently has the higher Sharpe Ratio (2.34 vs 1.68), 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.