BKIE vs. BKLC

Last updated Aug 5, 2026

BKIE (BNY Mellon International Equity ETF) and BKLC (BNY Mellon US Large Cap Core Equity ETF) are both exchange-traded funds - BKIE is a Foreign Large Cap Equities fund tracking the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, while BKLC is a Large Cap Blend Equities fund tracking the Morningstar US Large Cap Index. Both are passively managed. Over the past 5 years, BKIE returned 10.01%/yr vs 13.48%/yr for BKLC. Their 0.75 correlation means they have sometimes moved together and sometimes differently. BKIE charges 0.04%/yr vs 0.00%/yr for BKLC.

Performance

BKIE vs. BKLC - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with BKIE having a 13.51% return and BKLC slightly higher at 13.55%.

BKIE

• 1D: 1.22%
• 1M: 2.91%
• 6M: 7.75%
• YTD: 13.51%
• 1Y: 26.45%
• 3Y*: 18.64%
• 5Y*: 10.01%
• 10Y*: —
• ALL TIME*: 15.31%

BKLC

• 1D: 1.78%
• 1M: 3.26%
• 6M: 12.70%
• YTD: 13.55%
• 1Y: 23.34%
• 3Y*: 22.36%
• 5Y*: 13.48%
• 10Y*: —
• ALL TIME*: 19.38%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BKIE BNY Mellon International Equity ETF	$7.38M	$6.81M	$5.78M
BKLC BNY Mellon US Large Cap Core Equity ETF	$20.35M	$19.84M	$22.36M

BKIE vs. BKLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	13.51%	32.08%	4.63%	18.25%	-13.60%	13.75%	34.17%
BKLC BNY Mellon US Large Cap Core Equity ETF	13.55%	18.06%	25.56%	30.88%	-20.52%	27.41%	36.06%

Correlation

The correlation between BKIE and BKLC is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (5Y) Shows whether the relationship held over a longer period.	0.75
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020	0.75

The correlation between BKIE and BKLC has been stable across timeframes, ranging from 0.71 to 0.76 - a consistent structural relationship.

BKIE vs. BKLC - Sectors Allocation Comparison

Sectors	BKIE	BKLC
Financial Services	26.6%	12.0%
Industrials	17.9%	7.9%
Technology	11.7%	37.6%
Healthcare	9.1%	9.3%
Consumer Cyclical	7.2%	9.0%
Basic Materials	6.7%	1.7%
Consumer Defensive	6.3%	4.5%
Energy	5.0%	3.5%
Communication Services	4.1%	9.5%
Utilities	3.5%	2.6%
Real Estate	1.8%	1.8%

Return for Risk

BKIE vs. BKLC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BKIE

BKIE Risk / Return Rank: 65
BKIE Sharpe Ratio Rank: 67
BKIE Sortino Ratio Rank: 66
BKIE Omega Ratio Rank: 65
BKIE Calmar Ratio Rank: 59
BKIE Martin Ratio Rank: 66

BKLC

BKLC Risk / Return Rank: 69
BKLC Sharpe Ratio Rank: 69
BKLC Sortino Ratio Rank: 67
BKLC Omega Ratio Rank: 68
BKLC Calmar Ratio Rank: 66
BKLC Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BKIE vs. BKLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Equity ETF (BKIE) and BNY Mellon US Large Cap Core Equity ETF (BKLC). 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.

	BKIE	BKLC	Difference
Sharpe ratio: Return per unit of total volatility	1.75	1.79	-0.05
Sortino ratio: Return per unit of downside risk	2.46	2.47	-0.01
Omega ratio: Gain probability vs. loss probability	1.31	1.32	-0.01
Calmar ratio: Return relative to maximum drawdown	2.33	2.58	-0.25
Martin ratio: Return relative to average drawdown	9.05	10.80	-1.75

BKIE vs. BKLC - Sharpe Ratio Comparison

The current BKIE Sharpe Ratio is 1.75, which is comparable to the BKLC Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of BKIE and BKLC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BKIE vs. BKLC - Drawdown Comparison

The maximum BKIE drawdown since its inception was -28.19%, which is greater than BKLC's maximum drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for BKIE and BKLC.

Drawdown Indicators

	BKIE	BKLC	Difference
Max Drawdown Largest peak-to-trough decline	-28.19%	-26.14%	-2.05%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-9.10%	-2.31%
Max Drawdown (3Y) Largest decline over 3 years	-13.19%	-19.05%	+5.86%
Max Drawdown (5Y) Largest decline over 5 years	-28.19%	-26.14%	-2.05%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.87%	-5.18%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	2.17%	+0.76%

Volatility

BKIE vs. BKLC - Volatility Comparison

BNY Mellon International Equity ETF (BKIE) and BNY Mellon US Large Cap Core Equity ETF (BKLC) have volatilities of 4.18% and 4.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKIE	BKLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	4.12%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	13.02%	10.51%	+2.51%
Volatility (1Y) Calculated over the trailing 1-year period	15.25%	13.16%	+2.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	17.33%	-1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.32%	17.40%	-1.08%

BKIE vs. BKLC - Expense Ratio Comparison

BKIE has a 0.04% expense ratio, which is higher than BKLC's 0.00% 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%.

Dividends

BKIE vs. BKLC - Dividend Comparison

BKIE's dividend yield for the trailing twelve months is around 3.10%, more than BKLC's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	3.10%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%
BKLC BNY Mellon US Large Cap Core Equity ETF	1.03%	1.05%	1.22%	1.35%	1.64%	1.10%	0.84%

Frequently Asked Questions

Can I hold both BKIE and BKLC in my portfolio?

BKIE and BKLC have a correlation of 0.76, 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 BKLC?

BKIE has higher volatility (4.18%) compared to BKLC (4.12%). In terms of maximum drawdown, BKIE dropped -28.19% vs BKLC's -26.14%.

Which ETF is better, BKIE or BKLC?

On 5-year performance, BKLC leads with 13.48% vs 10.01% for BKIE. On fees, BKLC is cheaper at 0.00% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKIE or BKLC?

Over the 5-year period, BKLC has performed better with a 13.48% return vs 10.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKIE or BKLC?

BKLC is cheaper with a 0.00% expense ratio, compared with 0.04% for BKIE.

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

BKIE has the higher dividend yield at 3.10%, compared with 1.03% for BKLC.

What is the main difference between BKIE and BKLC?

BKIE is categorized as Foreign Large Cap Equities, while BKLC is Large Cap Blend Equities. BKIE tracks Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, while BKLC tracks Morningstar US Large Cap Index. Their fees differ too: 0.04% for BKIE and 0.00% for BKLC.

Which has better risk-adjusted returns?

BKLC currently has the higher Sharpe Ratio (1.79 vs 1.75), 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.