BKEM vs. BEDY
BKEM (BNY Mellon Emerging Markets Equity ETF) and BEDY (BNY Mellon Enhanced Dividend Income ETF) are both exchange-traded funds - BKEM is a Asia Pacific Equities fund tracking the Morningstar Emerging Markets Large Cap Index, while BEDY is a Large Cap Value Equities fund actively managed by BNY Mellon. BKEM is passively managed, while BEDY is actively managed. A 0.51 correlation means they provide meaningful diversification when combined. BKEM charges 0.11%/yr vs 0.50%/yr for BEDY.
Performance
BKEM vs. BEDY - Performance Comparison
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Returns By Period
In the year-to-date period, BKEM achieves a 30.24% return, which is significantly higher than BEDY's 10.40% return.
BKEM
- 1D
- -0.95%
- 1M
- 8.75%
- YTD
- 30.24%
- 6M
- 32.64%
- 1Y
- 57.21%
- 3Y*
- 24.11%
- 5Y*
- 7.37%
- 10Y*
- —
BEDY
- 1D
- -0.33%
- 1M
- 2.93%
- YTD
- 10.40%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BKEM vs. BEDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BKEM BNY Mellon Emerging Markets Equity ETF | 30.24% | 1.09% |
BEDY BNY Mellon Enhanced Dividend Income ETF | 10.40% | 1.62% |
Correlation
The correlation between BKEM and BEDY is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 9, 2025 | 0.51 |
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Return for Risk
BKEM vs. BEDY — Risk / Return Rank
BKEM
BEDY
BKEM vs. BEDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Emerging Markets Equity ETF (BKEM) and BNY Mellon Enhanced Dividend Income ETF (BEDY). 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.
| BKEM | BEDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.52 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.39 | — | — |
| Martin ratioReturn relative to average drawdown | 16.85 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BKEM | BEDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.95 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 2.27 | -1.51 |
Drawdowns
BKEM vs. BEDY - Drawdown Comparison
The maximum BKEM drawdown since its inception was -39.48%, which is greater than BEDY's maximum drawdown of -6.25%. Use the drawdown chart below to compare losses from any high point for BKEM and BEDY.
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Drawdown Indicators
| BKEM | BEDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.48% | -6.25% | -33.23% |
Max Drawdown (1Y)Largest decline over 1 year | -13.11% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.38% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -36.53% | — | — |
Current DrawdownCurrent decline from peak | -0.95% | -0.33% | -0.62% |
Average DrawdownAverage peak-to-trough decline | -16.00% | -1.36% | -14.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | — | — |
Volatility
BKEM vs. BEDY - Volatility Comparison
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Volatility by Period
| BKEM | BEDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.10% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.75% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.46% | 11.98% | +7.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.73% | 11.98% | +6.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.12% | 11.98% | +7.14% |
BKEM vs. BEDY - Expense Ratio Comparison
BKEM has a 0.11% expense ratio, which is lower than BEDY's 0.50% expense ratio.
Dividends
BKEM vs. BEDY - Dividend Comparison
BKEM's dividend yield for the trailing twelve months is around 1.45%, less than BEDY's 3.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BEDY BNY Mellon Enhanced Dividend Income ETF | 3.35% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BKEM BNY Mellon Emerging Markets Equity ETF | 1.45% | 2.25% | 2.76% | 3.02% | 3.15% | 2.22% | 1.78% |
Frequently Asked Questions
BKEM and BEDY have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BKEM is cheaper at 0.11% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BKEM is cheaper with a 0.11% expense ratio, compared with 0.50% for BEDY.
BEDY has the higher dividend yield at 3.35%, compared with 1.45% for BKEM.
BKEM is categorized as Asia Pacific Equities, while BEDY is Large Cap Value Equities. Their fees differ too: 0.11% for BKEM and 0.50% for BEDY.
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