BKIE vs. BKDV

Last updated Jun 5, 2026

BKIE (BNY Mellon International Equity ETF) and BKDV (BNY Mellon Dynamic Value ETF) are both exchange-traded funds - BKIE is a Foreign Large Cap Equities fund tracking the Morningstar Developed Markets ex-US Large Cap Index, while BKDV is a Large Cap Value Equities fund actively managed by BNY Mellon. BKIE is passively managed, while BKDV is actively managed. Over the past year, BKIE returned 23.04% vs 31.29% for BKDV. A 0.66 correlation means they provide meaningful diversification when combined. BKIE charges 0.04%/yr vs 0.60%/yr for BKDV.

Performance

BKIE vs. BKDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon International Equity ETF (BKIE) and BNY Mellon Dynamic Value ETF (BKDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKIE achieves a 9.30% return, which is significantly lower than BKDV's 14.89% return.

BKIE

• 1D: 0.78%
• 1M: 2.61%
• YTD: 9.30%
• 6M: 11.55%
• 1Y: 23.04%
• 3Y*: 17.90%
• 5Y*: 9.22%
• 10Y*: —

BKDV

• 1D: 1.09%
• 1M: 4.29%
• YTD: 14.89%
• 6M: 16.43%
• 1Y: 31.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BKIE vs. BKDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BKIE BNY Mellon International Equity ETF	9.30%	32.08%	-3.07%
BKDV BNY Mellon Dynamic Value ETF	14.89%	18.58%	-0.91%

Correlation

The correlation between BKIE and BKDV is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (All Time) Calculated using the full available price history since Nov 5, 2024	0.66

The correlation between BKIE and BKDV has been stable across timeframes, ranging from 0.66 to 0.72 - a consistent structural relationship.

BKIE vs. BKDV - Sectors Allocation Comparison

Sectors	BKIE	BKDV
Financial Services	25.8%	23.6%
Industrials	18.6%	15.4%
Technology	10.1%	13.5%
Healthcare	9.1%	14.4%
Consumer Cyclical	7.3%	7.2%
Basic Materials	7.2%	4.0%
Consumer Defensive	6.2%	3.8%
Energy	5.9%	8.3%
Communication Services	4.2%	7.1%
Utilities	3.7%	1.4%
Real Estate	2.0%	1.2%

Return for Risk

BKIE vs. BKDV — Risk / Return Rank

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

BKIE

BKIE Risk / Return Rank: 45
BKIE Sharpe Ratio Rank: 46
BKIE Sortino Ratio Rank: 46
BKIE Omega Ratio Rank: 45
BKIE Calmar Ratio Rank: 41
BKIE Martin Ratio Rank: 48

BKDV

BKDV Risk / Return Rank: 84
BKDV Sharpe Ratio Rank: 83
BKDV Sortino Ratio Rank: 84
BKDV Omega Ratio Rank: 80
BKDV Calmar Ratio Rank: 86
BKDV Martin Ratio Rank: 85

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.

BKIE vs. BKDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Equity ETF (BKIE) and BNY Mellon Dynamic Value ETF (BKDV). 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.

	BKIE	BKDV	Difference
Sharpe ratio: Return per unit of total volatility	1.59	2.65	-1.07
Sortino ratio: Return per unit of downside risk	2.26	3.71	-1.45
Omega ratio: Gain probability vs. loss probability	1.28	1.47	-0.19
Calmar ratio: Return relative to maximum drawdown	2.03	4.72	-2.70
Martin ratio: Return relative to average drawdown	7.83	17.38	-9.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKIE vs. BKDV - Sharpe Ratio Comparison

The current BKIE Sharpe Ratio is 1.59, which is lower than the BKDV Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of BKIE and BKDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BKIE	BKDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	2.65	-1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	1.35	-0.42

Drawdowns

BKIE vs. BKDV - Drawdown Comparison

The maximum BKIE drawdown since its inception was -28.19%, which is greater than BKDV's maximum drawdown of -15.49%. Use the drawdown chart below to compare losses from any high point for BKIE and BKDV.

Drawdown Indicators

	BKIE	BKDV	Difference
Max Drawdown Largest peak-to-trough decline	-28.19%	-15.49%	-12.70%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-6.65%	-4.76%
Max Drawdown (3Y) Largest decline over 3 years	-13.19%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.19%	—	—
Current Drawdown Current decline from peak	-0.56%	0.00%	-0.56%
Average Drawdown Average peak-to-trough decline	-4.98%	-2.38%	-2.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	1.80%	+1.15%

Volatility

BKIE vs. BKDV - Volatility Comparison

BNY Mellon International Equity ETF (BKIE) has a higher volatility of 4.31% compared to BNY Mellon Dynamic Value ETF (BKDV) at 3.45%. This indicates that BKIE's price experiences larger fluctuations and is considered to be riskier than BKDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKIE	BKDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	3.45%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	12.19%	9.09%	+3.10%
Volatility (1Y) Calculated over the trailing 1-year period	14.58%	11.87%	+2.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.12%	15.67%	+0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.33%	15.67%	+0.66%

BKIE vs. BKDV - Expense Ratio Comparison

BKIE has a 0.04% expense ratio, which is lower than BKDV's 0.60% expense ratio.

Dividends

BKIE vs. BKDV - Dividend Comparison

BKIE's dividend yield for the trailing twelve months is around 3.24%, more than BKDV's 0.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKDV BNY Mellon Dynamic Value ETF	0.54%	0.62%	0.27%	0.00%	0.00%	0.00%	0.00%
BKIE BNY Mellon International Equity ETF	3.24%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%

Frequently Asked Questions

Can I hold both BKIE and BKDV in my portfolio?

BKIE and BKDV have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKIE or BKDV?

BKIE has higher volatility (4.31%) compared to BKDV (3.45%). In terms of maximum drawdown, BKIE dropped -28.19% vs BKDV's -15.49%.

Which ETF is better, BKIE or BKDV?

On 1-year performance, BKDV leads with 31.29% vs 23.04% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, BKDV has been the lower-risk option at 3.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKIE or BKDV?

Over the 1-year period, BKDV has performed better with a 31.29% return vs 23.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKIE or BKDV?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.60% for BKDV.

Which ETF pays a higher dividend yield, BKIE or BKDV?

BKIE has the higher dividend yield at 3.24%, compared with 0.54% for BKDV.

What is the main difference between BKIE and BKDV?

BKIE is categorized as Foreign Large Cap Equities, while BKDV is Large Cap Value Equities. Their fees differ too: 0.04% for BKIE and 0.60% for BKDV.

Which has better risk-adjusted returns?

BKDV currently has the higher Sharpe Ratio (2.65 vs 1.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.