BKHY vs. BKCI

Last updated Apr 2, 2026

Compare and contrast key facts about BNY Mellon High Yield Beta ETF (BKHY) and BNY Mellon Concentrated International ETF (BKCI).

BKHY and BKCI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKHY is a passively managed fund by BNY Mellon that tracks the performance of the Bloomberg US Corporate High Yield Index. It was launched on Apr 24, 2020. BKCI is an actively managed fund by BNY Mellon. It was launched on Dec 6, 2021.

Performance

BKHY vs. BKCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon High Yield Beta ETF (BKHY) and BNY Mellon Concentrated International ETF (BKCI). The values are adjusted to include any dividend payments, if applicable.

BKHY vs. BKCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BKHY BNY Mellon High Yield Beta ETF	0.00%	8.48%	8.37%	12.40%	-10.97%	0.53%
BKCI BNY Mellon Concentrated International ETF	-3.00%	9.94%	-2.44%	20.27%	-20.26%	0.38%

Returns By Period

BKHY

• 1D: 0.33%
• 1M: -0.70%
• YTD: 0.00%
• 6M: 1.02%
• 1Y: 7.14%
• 3Y*: 8.32%
• 5Y*: 4.07%
• 10Y*: —

BKCI

• 1D: 1.12%
• 1M: -5.33%
• YTD: -3.00%
• 6M: -3.16%
• 1Y: 5.84%
• 3Y*: 3.43%
• 5Y*: —
• 10Y*: —

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

BKHY vs. BKCI - Expense Ratio Comparison

BKHY has a 0.22% expense ratio, which is lower than BKCI's 0.80% expense ratio.

BKCI

BNY Mellon Concentrated International ETF

BKHY

BNY Mellon High Yield Beta ETF

Return for Risk

BKHY vs. BKCI — Risk / Return Rank

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

BKHY

BKHY Risk / Return Rank: 70
BKHY Sharpe Ratio Rank: 67
BKHY Sortino Ratio Rank: 65
BKHY Omega Ratio Rank: 76
BKHY Calmar Ratio Rank: 64
BKHY Martin Ratio Rank: 77

BKCI

BKCI Risk / Return Rank: 21
BKCI Sharpe Ratio Rank: 21
BKCI Sortino Ratio Rank: 21
BKCI Omega Ratio Rank: 19
BKCI Calmar Ratio Rank: 22
BKCI Martin Ratio Rank: 23

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.

BKHY vs. BKCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon High Yield Beta ETF (BKHY) and BNY Mellon Concentrated International ETF (BKCI). 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.

	BKHY	BKCI	Difference
Sharpe ratio Return per unit of total volatility	1.24	0.36	+0.88
Sortino ratio Return per unit of downside risk	1.72	0.62	+1.10
Omega ratio Gain probability vs. loss probability	1.30	1.08	+0.22
Calmar ratio Return relative to maximum drawdown	1.75	0.54	+1.21
Martin ratio Return relative to average drawdown	8.91	1.77	+7.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKHY vs. BKCI - Sharpe Ratio Comparison

The current BKHY Sharpe Ratio is 1.24, which is higher than the BKCI Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of BKHY and BKCI, 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

	BKHY	BKCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	0.36	+0.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.00	+0.87

Correlation

The correlation between BKHY and BKCI is 0.65, 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.

Dividends

BKHY vs. BKCI - Dividend Comparison

BKHY's dividend yield for the trailing twelve months is around 7.73%, more than BKCI's 1.43% yield.

	TTM	2025	2024	2023	2022	2021	2020
BKHY BNY Mellon High Yield Beta ETF	7.73%	7.33%	7.34%	8.67%	6.59%	6.78%	4.65%
BKCI BNY Mellon Concentrated International ETF	1.43%	1.39%	0.78%	0.73%	0.46%	0.00%	0.00%

Drawdowns

BKHY vs. BKCI - Drawdown Comparison

The maximum BKHY drawdown since its inception was -15.89%, smaller than the maximum BKCI drawdown of -31.03%. Use the drawdown chart below to compare losses from any high point for BKHY and BKCI.

Drawdown Indicators

	BKHY	BKCI	Difference
Max Drawdown Largest peak-to-trough decline	-15.89%	-31.03%	+15.14%
Max Drawdown (1Y) Largest decline over 1 year	-4.20%	-11.30%	+7.10%
Max Drawdown (5Y) Largest decline over 5 years	-15.89%	—	—
Current Drawdown Current decline from peak	-1.11%	-7.30%	+6.19%
Average Drawdown Average peak-to-trough decline	-3.05%	-9.65%	+6.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	3.46%	-2.63%

Volatility

BKHY vs. BKCI - Volatility Comparison

The current volatility for BNY Mellon High Yield Beta ETF (BKHY) is 2.32%, while BNY Mellon Concentrated International ETF (BKCI) has a volatility of 6.36%. This indicates that BKHY experiences smaller price fluctuations and is considered to be less risky than BKCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKHY	BKCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.32%	6.36%	-4.04%
Volatility (6M) Calculated over the trailing 6-month period	2.87%	10.78%	-7.91%
Volatility (1Y) Calculated over the trailing 1-year period	5.80%	16.45%	-10.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.56%	16.64%	-9.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.44%	16.64%	-9.20%