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BKHY vs. ESHY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BKHY and ESHY is 0.56, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

BKHY vs. ESHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon High Yield Beta ETF (BKHY) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY). The values are adjusted to include any dividend payments, if applicable.

26.00%28.00%30.00%32.00%34.00%NovemberDecember2025FebruaryMarchApril
33.04%
25.60%
BKHY
ESHY

Key characteristics

Returns By Period


BKHY

YTD

1.14%

1M

-0.57%

6M

1.80%

1Y

8.79%

5Y*

N/A

10Y*

N/A

ESHY

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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BKHY vs. ESHY - Expense Ratio Comparison

BKHY has a 0.22% expense ratio, which is higher than ESHY's 0.20% 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%.


Expense ratio chart for BKHY: current value is 0.22%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BKHY: 0.22%
Expense ratio chart for ESHY: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ESHY: 0.20%

Risk-Adjusted Performance

BKHY vs. ESHY — Risk-Adjusted Performance Rank

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

BKHY
The Risk-Adjusted Performance Rank of BKHY is 9292
Overall Rank
The Sharpe Ratio Rank of BKHY is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of BKHY is 9090
Sortino Ratio Rank
The Omega Ratio Rank of BKHY is 9292
Omega Ratio Rank
The Calmar Ratio Rank of BKHY is 9292
Calmar Ratio Rank
The Martin Ratio Rank of BKHY is 9393
Martin Ratio Rank

ESHY
The Risk-Adjusted Performance Rank of ESHY is 8080
Overall Rank
The Sharpe Ratio Rank of ESHY is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of ESHY is 8181
Sortino Ratio Rank
The Omega Ratio Rank of ESHY is 8181
Omega Ratio Rank
The Calmar Ratio Rank of ESHY is 7474
Calmar Ratio Rank
The Martin Ratio Rank of ESHY is 8787
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BKHY vs. ESHY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon High Yield Beta ETF (BKHY) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY). 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.


The chart of Sharpe ratio for BKHY, currently valued at 1.56, compared to the broader market-1.000.001.002.003.004.00
BKHY: 1.56
The chart of Sortino ratio for BKHY, currently valued at 2.15, compared to the broader market-2.000.002.004.006.008.00
BKHY: 2.15
The chart of Omega ratio for BKHY, currently valued at 1.34, compared to the broader market0.501.001.502.002.50
BKHY: 1.34
The chart of Calmar ratio for BKHY, currently valued at 1.85, compared to the broader market0.002.004.006.008.0010.0012.00
BKHY: 1.85
ESHY: 0.00
The chart of Martin ratio for BKHY, currently valued at 9.68, compared to the broader market0.0020.0040.0060.00
BKHY: 9.68


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.56
1.00
BKHY
ESHY

Dividends

BKHY vs. ESHY - Dividend Comparison

BKHY's dividend yield for the trailing twelve months is around 7.36%, while ESHY has not paid dividends to shareholders.


TTM2024202320222021202020192018201720162015
BKHY
BNY Mellon High Yield Beta ETF
7.36%7.34%8.67%6.59%5.00%4.65%0.00%0.00%0.00%0.00%0.00%
ESHY
Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF
0.00%0.98%7.07%6.39%5.31%5.88%5.85%7.55%5.68%5.31%5.25%

Drawdowns

BKHY vs. ESHY - Drawdown Comparison


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.03%
-1.31%
BKHY
ESHY

Volatility

BKHY vs. ESHY - Volatility Comparison

BNY Mellon High Yield Beta ETF (BKHY) has a higher volatility of 4.48% compared to Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY) at 0.00%. This indicates that BKHY's price experiences larger fluctuations and is considered to be riskier than ESHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
4.48%
0
BKHY
ESHY