BKIE vs. CIL

Last updated Aug 5, 2026

BKIE (BNY Mellon International Equity ETF) and CIL (VictoryShares International Volatility Wtd ETF) are both Foreign Large Cap Equities funds - BKIE tracks the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR while CIL tracks the Nasdaq Victory International 500 Volatility Weighted Index. Both are passively managed. Over the past 5 years, BKIE returned 10.01%/yr vs 7.07%/yr for CIL. Their 0.76 correlation means they have sometimes moved together and sometimes differently. BKIE charges 0.04%/yr vs 0.45%/yr for CIL.

Performance

BKIE vs. CIL - Performance Comparison

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

Returns By Period

In the year-to-date period, BKIE achieves a 13.51% return, which is significantly higher than CIL's 5.44% return.

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%

CIL

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 5.44%
• 1Y: 14.95%
• 3Y*: 15.35%
• 5Y*: 7.07%
• 10Y*: 8.18%
• ALL TIME*: 7.32%

*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
CIL VictoryShares International Volatility Wtd ETF	$0.00	$0.00	$0.00

BKIE vs. CIL - 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%
CIL VictoryShares International Volatility Wtd ETF	5.44%	32.99%	3.76%	16.29%	-16.00%	11.07%	37.04%

Correlation

The correlation between BKIE and CIL is 0.57, 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.	0.57
Correlation (3Y) Balances recent behavior with more history.	0.83
Correlation (5Y) Shows whether the relationship held over a longer period.	0.78
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020	0.76

The correlation between BKIE and CIL shifts across timeframes, from 0.57 (1 year) to 0.83 (3 years), reflecting how their relationship changes across market environments.

BKIE vs. CIL - Sectors Allocation Comparison

Sectors	BKIE	CIL
Financial Services	26.6%	24.8%
Industrials	17.9%	18.4%
Technology	11.7%	6.4%
Healthcare	9.1%	7.7%
Consumer Cyclical	7.2%	8.2%
Basic Materials	6.7%	6.6%
Consumer Defensive	6.3%	8.8%
Energy	5.0%	4.6%
Communication Services	4.1%	5.8%
Utilities	3.5%	6.6%
Real Estate	1.8%	2.2%

Return for Risk

BKIE vs. CIL — 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

CIL

CIL Risk / Return Rank: 90
CIL Sharpe Ratio Rank: 88
CIL Sortino Ratio Rank: 91
CIL Omega Ratio Rank: 96
CIL Calmar Ratio Rank: 82
CIL Martin Ratio Rank: 92

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. CIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Equity ETF (BKIE) and VictoryShares International Volatility Wtd ETF (CIL). 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	CIL	Difference
Sharpe ratio: Return per unit of total volatility	1.75	2.34	-0.59
Sortino ratio: Return per unit of downside risk	2.46	3.53	-1.07
Omega ratio: Gain probability vs. loss probability	1.31	1.62	-0.31
Calmar ratio: Return relative to maximum drawdown	2.33	3.40	-1.07
Martin ratio: Return relative to average drawdown	9.05	16.94	-7.90

BKIE vs. CIL - Sharpe Ratio Comparison

The current BKIE Sharpe Ratio is 1.75, which is comparable to the CIL Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of BKIE and CIL, 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. CIL - Drawdown Comparison

The maximum BKIE drawdown since its inception was -28.19%, smaller than the maximum CIL drawdown of -36.27%. Use the drawdown chart below to compare losses from any high point for BKIE and CIL.

Drawdown Indicators

	BKIE	CIL	Difference
Max Drawdown Largest peak-to-trough decline	-28.19%	-36.27%	+8.08%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-4.60%	-6.81%
Max Drawdown (3Y) Largest decline over 3 years	-13.19%	-11.29%	-1.90%
Max Drawdown (5Y) Largest decline over 5 years	-28.19%	-29.89%	+1.70%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.27%	—
Current Drawdown Current decline from peak	0.00%	-0.58%	+0.58%
Average Drawdown Average peak-to-trough decline	-4.87%	-6.46%	+1.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	1.04%	+1.89%

Volatility

BKIE vs. CIL - Volatility Comparison

BNY Mellon International Equity ETF (BKIE) has a higher volatility of 4.18% compared to VictoryShares International Volatility Wtd ETF (CIL) at 0.00%. This indicates that BKIE's price experiences larger fluctuations and is considered to be riskier than CIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKIE	CIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	0.00%	+4.18%
Volatility (6M) Calculated over the trailing 6-month period	13.02%	2.10%	+10.92%
Volatility (1Y) Calculated over the trailing 1-year period	15.25%	6.75%	+8.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	16.39%	-0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.32%	16.74%	-0.42%

BKIE vs. CIL - Expense Ratio Comparison

BKIE has a 0.04% expense ratio, which is lower than CIL's 0.45% expense ratio.

Dividends

BKIE vs. CIL - Dividend Comparison

BKIE's dividend yield for the trailing twelve months is around 3.10%, more than CIL's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKIE BNY Mellon International Equity ETF	3.10%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%
CIL VictoryShares International Volatility Wtd ETF	1.05%	2.70%	3.46%	2.91%	2.41%	3.04%	1.73%	2.69%	2.85%	2.17%	2.34%	0.43%

Frequently Asked Questions

Can I hold both BKIE and CIL in my portfolio?

BKIE and CIL have a correlation of 0.57, 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 CIL?

BKIE has higher volatility (4.18%) compared to CIL (0.00%). In terms of maximum drawdown, BKIE dropped -28.19% vs CIL's -36.27%.

Which ETF is better, BKIE or CIL?

On 5-year performance, BKIE leads with 10.01% vs 7.07% for CIL. On fees, BKIE is cheaper at 0.04% per year. On volatility, CIL has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKIE or CIL?

Over the 5-year period, BKIE has performed better with a 10.01% return vs 7.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKIE or CIL?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.45% for CIL.

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

BKIE has the higher dividend yield at 3.10%, compared with 1.05% for CIL.

What is the main difference between BKIE and CIL?

BKIE tracks Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, while CIL tracks Nasdaq Victory International 500 Volatility Weighted Index. They also come from different issuers: BNY Mellon and Crestview. Their fees differ too: 0.04% for BKIE and 0.45% for CIL.

Which has better risk-adjusted returns?

CIL currently has the higher Sharpe Ratio (2.34 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.