BKGI vs. SETM

Last updated Apr 2, 2026

Compare and contrast key facts about Bny Mellon Global Infrastructure Income ETF (BKGI) and Sprott Energy Transition Materials ETF (SETM).

BKGI and SETM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKGI is an actively managed fund by BNY Mellon. It was launched on Nov 2, 2022. SETM is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. It was launched on Feb 1, 2023.

Performance

BKGI vs. SETM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bny Mellon Global Infrastructure Income ETF (BKGI) and Sprott Energy Transition Materials ETF (SETM). The values are adjusted to include any dividend payments, if applicable.

BKGI vs. SETM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BKGI Bny Mellon Global Infrastructure Income ETF	10.64%	37.53%	12.35%	2.46%
SETM Sprott Energy Transition Materials ETF	17.03%	95.27%	-13.24%	-11.03%

Returns By Period

In the year-to-date period, BKGI achieves a 10.64% return, which is significantly lower than SETM's 17.03% return.

BKGI

• 1D: 0.20%
• 1M: -3.23%
• YTD: 10.64%
• 6M: 15.16%
• 1Y: 32.13%
• 3Y*: 21.68%
• 5Y*: —
• 10Y*: —

SETM

• 1D: 2.42%
• 1M: -13.63%
• YTD: 17.03%
• 6M: 36.39%
• 1Y: 143.13%
• 3Y*: 27.42%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BKGI vs. SETM - Expense Ratio Comparison

Both BKGI and SETM have an expense ratio of 0.65%.

BKGI

Bny Mellon Global Infrastructure Income ETF

SETM

Sprott Energy Transition Materials ETF

Return for Risk

BKGI vs. SETM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKGI

BKGI Risk / Return Rank: 93
BKGI Sharpe Ratio Rank: 92
BKGI Sortino Ratio Rank: 92
BKGI Omega Ratio Rank: 94
BKGI Calmar Ratio Rank: 90
BKGI Martin Ratio Rank: 95

SETM

SETM Risk / Return Rank: 96
SETM Sharpe Ratio Rank: 98
SETM Sortino Ratio Rank: 96
SETM Omega Ratio Rank: 94
SETM Calmar Ratio Rank: 98
SETM Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKGI vs. SETM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bny Mellon Global Infrastructure Income ETF (BKGI) and Sprott Energy Transition Materials ETF (SETM). 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.

	BKGI	SETM	Difference
Sharpe ratio Return per unit of total volatility	2.20	3.14	-0.94
Sortino ratio Return per unit of downside risk	2.79	3.25	-0.47
Omega ratio Gain probability vs. loss probability	1.45	1.45	0.00
Calmar ratio Return relative to maximum drawdown	3.20	5.56	-2.36
Martin ratio Return relative to average drawdown	16.13	18.61	-2.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKGI vs. SETM - Sharpe Ratio Comparison

The current BKGI Sharpe Ratio is 2.20, which is comparable to the SETM Sharpe Ratio of 3.14. The chart below compares the historical Sharpe Ratios of BKGI and SETM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BKGI	SETM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	3.14	-0.94
Sharpe Ratio (All Time) Calculated using the full available price history	1.66	0.55	+1.12

Correlation

The correlation between BKGI and SETM is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BKGI vs. SETM - Dividend Comparison

BKGI's dividend yield for the trailing twelve months is around 2.73%, more than SETM's 1.34% yield.

	TTM	2025	2024	2023	2022
BKGI Bny Mellon Global Infrastructure Income ETF	2.73%	2.65%	4.55%	4.55%	0.53%
SETM Sprott Energy Transition Materials ETF	1.34%	1.56%	2.07%	2.47%	0.00%

Drawdowns

BKGI vs. SETM - Drawdown Comparison

The maximum BKGI drawdown since its inception was -14.79%, smaller than the maximum SETM drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for BKGI and SETM.

Drawdown Indicators

	BKGI	SETM	Difference
Max Drawdown Largest peak-to-trough decline	-14.79%	-42.81%	+28.02%
Max Drawdown (1Y) Largest decline over 1 year	-10.35%	-25.85%	+15.50%
Current Drawdown Current decline from peak	-3.56%	-14.72%	+11.16%
Average Drawdown Average peak-to-trough decline	-2.60%	-14.59%	+11.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	7.72%	-5.67%

Volatility

BKGI vs. SETM - Volatility Comparison

The current volatility for Bny Mellon Global Infrastructure Income ETF (BKGI) is 4.13%, while Sprott Energy Transition Materials ETF (SETM) has a volatility of 16.58%. This indicates that BKGI experiences smaller price fluctuations and is considered to be less risky than SETM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKGI	SETM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	16.58%	-12.45%
Volatility (6M) Calculated over the trailing 6-month period	7.90%	36.76%	-28.86%
Volatility (1Y) Calculated over the trailing 1-year period	14.67%	45.86%	-31.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.06%	36.22%	-22.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.06%	36.22%	-22.16%