BKFI vs. BKUI
BKFI (BNY Mellon Active Core Bond ETF) and BKUI (BNY Mellon Ultra Short Income ETF) are both exchange-traded funds - BKFI is a Intermediate Core Bond fund actively managed by BNY Mellon, while BKUI is a Ultrashort Bond fund actively managed by BNY Mellon. Both are actively managed. Their 0.56 correlation means they have sometimes moved together and sometimes differently. BKFI charges 0.40%/yr vs 0.12%/yr for BKUI.
Performance
BKFI vs. BKUI - Performance Comparison
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Returns By Period
BKFI
- 1D
- -0.34%
- 1M
- -1.30%
- 6M
- -1.20%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BKUI
- 1D
- 0.00%
- 1M
- 0.26%
- 6M
- 1.58%
- YTD
- 1.90%
- 1Y
- 3.88%
- 3Y*
- 5.04%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $291.85K | $607.01K | $1.20M | |
| $3.32M | $3.48M | $2.81M |
BKFI vs. BKUI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BKFI BNY Mellon Active Core Bond ETF | -1.23% |
BKUI BNY Mellon Ultra Short Income ETF | 1.82% |
Correlation
The correlation between BKFI and BKUI is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 12, 2026 | 0.56 |
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Return for Risk
BKFI vs. BKUI — Risk / Return Rank
BKFI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BKUI
BKFI vs. BKUI - 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 Ultra Short Income ETF (BKUI). 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 | BKUI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 5.16 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 30.14 | — |
| Martin ratioReturn relative to average drawdown | — | 201.40 | — |
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Drawdowns
BKFI vs. BKUI - Drawdown Comparison
The maximum BKFI drawdown since its inception was -3.08%, which is greater than BKUI's maximum drawdown of -1.72%. Use the drawdown chart below to compare losses from any high point for BKFI and BKUI.
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Drawdown Indicators
| BKFI | BKUI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.08% | -1.72% | -1.36% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.13% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.25% | — |
Current DrawdownCurrent decline from peak | -2.69% | 0.00% | -2.69% |
Average DrawdownAverage peak-to-trough decline | -1.35% | -0.26% | -1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.02% | — |
Volatility
BKFI vs. BKUI - Volatility Comparison
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Volatility by Period
| BKFI | BKUI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.09% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.33% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.18% | 0.42% | +3.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.18% | 0.58% | +3.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.18% | 0.58% | +3.60% |
BKFI vs. BKUI - Expense Ratio Comparison
BKFI has a 0.40% expense ratio, which is higher than BKUI's 0.12% expense ratio.
Dividends
BKFI vs. BKUI - Dividend Comparison
BKFI's dividend yield for the trailing twelve months is around 2.17%, less than BKUI's 4.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BKFI BNY Mellon Active Core Bond ETF | 2.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BKUI BNY Mellon Ultra Short Income ETF | 3.79% | 4.48% | 5.11% | 4.29% | 1.82% | 0.22% |
Frequently Asked Questions
BKFI and BKUI have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BKUI is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BKUI is cheaper with a 0.12% expense ratio, compared with 0.40% for BKFI.
BKUI has the higher dividend yield at 3.79%, compared with 2.17% for BKFI.
BKFI is categorized as Intermediate Core Bond, while BKUI is Ultrashort Bond. Their fees differ too: 0.40% for BKFI and 0.12% for BKUI.
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