BKFI vs. BKLC
BKFI (BNY Mellon Active Core Bond ETF) and BKLC (BNY Mellon US Large Cap Core Equity ETF) are both exchange-traded funds - BKFI is a Intermediate Core Bond fund actively managed by BNY Mellon, while BKLC is a Large Cap Blend Equities fund tracking the Morningstar US Large Cap Index. BKFI is actively managed, while BKLC is passively managed. A 0.51 correlation means they provide meaningful diversification when combined. BKFI charges 0.40%/yr vs 0.00%/yr for BKLC.
Performance
BKFI vs. BKLC - Performance Comparison
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Returns By Period
BKFI
- 1D
- -0.36%
- 1M
- 0.60%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BKLC
- 1D
- -0.36%
- 1M
- 0.24%
- YTD
- 9.77%
- 6M
- 9.28%
- 1Y
- 26.77%
- 3Y*
- 22.14%
- 5Y*
- 13.82%
- 10Y*
- —
BKFI vs. BKLC - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BKFI BNY Mellon Active Core Bond ETF | -0.21% |
BKLC BNY Mellon US Large Cap Core Equity ETF | 7.89% |
Correlation
The correlation between BKFI and BKLC 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 Jan 12, 2026 | 0.51 |
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Return for Risk
BKFI vs. BKLC — Risk / Return Rank
BKFI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BKLC
BKFI vs. BKLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Active Core Bond ETF (BKFI) and BNY Mellon US Large Cap Core Equity ETF (BKLC). 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.
| BKFI | BKLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.95 | — |
| Martin ratioReturn relative to average drawdown | — | 13.05 | — |
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Drawdowns
BKFI vs. BKLC - Drawdown Comparison
The maximum BKFI drawdown since its inception was -3.08%, smaller than the maximum BKLC drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for BKFI and BKLC.
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Drawdown Indicators
| BKFI | BKLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.08% | -26.14% | +23.06% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.05% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.14% | — |
Current DrawdownCurrent decline from peak | -1.69% | -1.78% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -5.24% | +4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.06% | — |
Volatility
BKFI vs. BKLC - Volatility Comparison
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Volatility by Period
| BKFI | BKLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.83% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.00% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.20% | 12.77% | -8.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.20% | 17.27% | -13.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.20% | 17.47% | -13.27% |
BKFI vs. BKLC - Expense Ratio Comparison
BKFI has a 0.40% expense ratio, which is higher than BKLC's 0.00% expense ratio.
Dividends
BKFI vs. BKLC - Dividend Comparison
BKFI's dividend yield for the trailing twelve months is around 1.77%, more than BKLC's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BKFI BNY Mellon Active Core Bond ETF | 1.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BKLC BNY Mellon US Large Cap Core Equity ETF | 1.02% | 1.05% | 1.22% | 1.35% | 1.64% | 1.10% | 0.84% |
Frequently Asked Questions
BKFI and BKLC 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, BKLC is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BKLC is cheaper with a 0.00% expense ratio, compared with 0.40% for BKFI.
BKFI has the higher dividend yield at 1.77%, compared with 1.02% for BKLC.
BKFI is categorized as Intermediate Core Bond, while BKLC is Large Cap Blend Equities. Their fees differ too: 0.40% for BKFI and 0.00% for BKLC.
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