BKDV vs. KWIN

Last updated Aug 2, 2026

BKDV (BNY Mellon Dynamic Value ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds. BKDV is actively managed, while KWIN is passively managed. Their 0.12 correlation means their historical movements had little consistent relationship. BKDV charges 0.60%/yr vs 0.51%/yr for KWIN.

Performance

BKDV vs. KWIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Dynamic Value ETF (BKDV) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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 KWIN's 2.05% return.

BKDV

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

KWIN

• 1D: 0.27%
• 1M: -1.00%
• 6M: 1.90%
• YTD: 2.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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
KWIN KraneShares Wahed Alternative Income Index ETF	$349.84K	$511.88K	$448.46K

BKDV vs. KWIN - Yearly Performance Comparison

	2026 (YTD)	2025
BKDV BNY Mellon Dynamic Value ETF	17.20%	5.21%
KWIN KraneShares Wahed Alternative Income Index ETF	2.05%	0.61%

Correlation

The correlation between BKDV and KWIN is 0.12, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.12

Return for Risk

BKDV vs. KWIN — 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

KWIN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. KWIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Dynamic Value ETF (BKDV) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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	KWIN	Difference
Sharpe ratio: Return per unit of total volatility	2.34	—	—
Sortino ratio: Return per unit of downside risk	3.27	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	4.29	—	—
Martin ratio: Return relative to average drawdown	16.39	—	—

Drawdowns

BKDV vs. KWIN - Drawdown Comparison

The maximum BKDV drawdown since its inception was -15.49%, which is greater than KWIN's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for BKDV and KWIN.

Drawdown Indicators

	BKDV	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-15.49%	-1.58%	-13.91%
Max Drawdown (1Y) Largest decline over 1 year	-6.65%	—	—
Current Drawdown Current decline from peak	0.00%	-1.00%	+1.00%
Average Drawdown Average peak-to-trough decline	-2.24%	-0.33%	-1.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	—	—

Volatility

Volatility by Period

	BKDV	KWIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.28%	4.04%	+8.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	4.04%	+11.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.39%	4.04%	+11.35%

BKDV vs. KWIN - Expense Ratio Comparison

BKDV has a 0.60% expense ratio, which is higher than KWIN's 0.51% expense ratio.

Dividends

BKDV vs. KWIN - Dividend Comparison

BKDV's dividend yield for the trailing twelve months is around 0.53%, while KWIN has not paid dividends to shareholders.

Position	TTM	2025	2024
BKDV BNY Mellon Dynamic Value ETF	0.53%	0.62%	0.27%
KWIN KraneShares Wahed Alternative Income Index ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BKDV and KWIN in my portfolio?

BKDV and KWIN have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BKDV or KWIN?

On fees, KWIN is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BKDV or KWIN?

KWIN is cheaper with a 0.51% expense ratio, compared with 0.60% for BKDV.

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

BKDV has the higher dividend yield at 0.53%, compared with 0.00% for KWIN.

What is the main difference between BKDV and KWIN?

They also come from different issuers: BNY Mellon and KraneShares. Their fees differ too: 0.60% for BKDV and 0.51% for KWIN.