BKEM vs. VFV.TO
Compare and contrast key facts about BNY Mellon Emerging Markets Equity ETF (BKEM) and Vanguard S&P 500 Index ETF (VFV.TO).
BKEM and VFV.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKEM is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Morningstar Emerging Markets Large Cap Index. It was launched on Apr 24, 2020. VFV.TO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Nov 2, 2012. Both BKEM and VFV.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKEM or VFV.TO.
Key characteristics
| BKEM | VFV.TO | |
|---|---|---|
| YTD Return | 14.37% | 28.12% |
| 1Y Return | 22.96% | 36.24% |
| 3Y Return (Ann) | -1.30% | 14.69% |
| Sharpe Ratio | 1.49 | 3.34 |
| Sortino Ratio | 2.13 | 4.54 |
| Omega Ratio | 1.26 | 1.61 |
| Calmar Ratio | 0.68 | 4.79 |
| Martin Ratio | 8.83 | 22.04 |
| Ulcer Index | 2.56% | 1.66% |
| Daily Std Dev | 15.20% | 10.95% |
| Max Drawdown | -39.48% | -27.43% |
| Current Drawdown | -14.87% | 0.00% |
Correlation
The correlation between BKEM and VFV.TO is 0.64, 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.
Performance
BKEM vs. VFV.TO - Performance Comparison
In the year-to-date period, BKEM achieves a 14.37% return, which is significantly lower than VFV.TO's 28.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BKEM vs. VFV.TO - Expense Ratio Comparison
BKEM has a 0.11% expense ratio, which is higher than VFV.TO's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BKEM vs. VFV.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Emerging Markets Equity ETF (BKEM) and Vanguard S&P 500 Index ETF (VFV.TO). 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.
Dividends
BKEM vs. VFV.TO - Dividend Comparison
BKEM's dividend yield for the trailing twelve months is around 2.47%, more than VFV.TO's 1.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKEM BNY Mellon Emerging Markets Equity ETF | 2.47% | 3.02% | 3.15% | 2.22% | 1.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VFV.TO Vanguard S&P 500 Index ETF | 1.02% | 1.20% | 1.31% | 1.06% | 1.33% | 1.55% | 1.68% | 1.50% | 1.66% | 1.63% | 1.48% | 1.42% |
Drawdowns
BKEM vs. VFV.TO - Drawdown Comparison
The maximum BKEM drawdown since its inception was -39.48%, which is greater than VFV.TO's maximum drawdown of -27.43%. Use the drawdown chart below to compare losses from any high point for BKEM and VFV.TO. For additional features, visit the drawdowns tool.
Volatility
BKEM vs. VFV.TO - Volatility Comparison
BNY Mellon Emerging Markets Equity ETF (BKEM) has a higher volatility of 6.95% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 2.71%. This indicates that BKEM's price experiences larger fluctuations and is considered to be riskier than VFV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.