BKIE vs. DFDV

Last updated Jun 4, 2026

BKIE (BNY Mellon International Equity ETF) is Foreign Large Cap Equities fund tracking the Morningstar Developed Markets ex-US Large Cap Index, while DFDV (DeFi Development Corp) is a stock. Over the past year, BKIE returned 22.58% vs -83.23% for DFDV. At a 0.17 correlation, their price movements are largely independent.

Performance

BKIE vs. DFDV - Performance Comparison

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

Returns By Period

In the year-to-date period, BKIE achieves a 8.46% return, which is significantly higher than DFDV's -40.30% return.

BKIE

• 1D: -0.89%
• 1M: 3.12%
• YTD: 8.46%
• 6M: 11.11%
• 1Y: 22.58%
• 3Y*: 17.39%
• 5Y*: 9.05%
• 10Y*: —

DFDV

• 1D: -8.36%
• 1M: -29.06%
• YTD: -40.30%
• 6M: -57.83%
• 1Y: -83.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BKIE vs. DFDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BKIE BNY Mellon International Equity ETF	8.46%	32.08%	4.63%	3.51%
DFDV DeFi Development Corp	-40.30%	700.93%	-41.08%	-73.04%

Correlation

The correlation between BKIE and DFDV is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jul 26, 2023	0.17

The correlation between BKIE and DFDV shifts across timeframes, from 0.17 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

BKIE vs. DFDV — Risk / Return Rank

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

BKIE

BKIE Risk / Return Rank: 43
BKIE Sharpe Ratio Rank: 43
BKIE Sortino Ratio Rank: 43
BKIE Omega Ratio Rank: 43
BKIE Calmar Ratio Rank: 39
BKIE Martin Ratio Rank: 46

DFDV

DFDV Risk / Return Rank: 12
DFDV Sharpe Ratio Rank: 15
DFDV Sortino Ratio Rank: 12
DFDV Omega Ratio Rank: 15
DFDV Calmar Ratio Rank: 4
DFDV Martin Ratio Rank: 14

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. DFDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Equity ETF (BKIE) and DeFi Development Corp (DFDV). 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	DFDV	Difference
Sharpe ratio: Return per unit of total volatility	1.56	-0.60	+2.16
Sortino ratio: Return per unit of downside risk	2.23	-0.92	+3.14
Omega ratio: Gain probability vs. loss probability	1.28	0.90	+0.38
Calmar ratio: Return relative to maximum drawdown	1.99	-0.93	+2.92
Martin ratio: Return relative to average drawdown	7.68	-1.21	+8.89
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. DFDV - Sharpe Ratio Comparison

The current BKIE Sharpe Ratio is 1.56, which is higher than the DFDV Sharpe Ratio of -0.60. The chart below compares the historical Sharpe Ratios of BKIE and DFDV, 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	DFDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	-0.60	+2.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	-0.02	+0.93

Drawdowns

BKIE vs. DFDV - Drawdown Comparison

The maximum BKIE drawdown since its inception was -28.19%, smaller than the maximum DFDV drawdown of -92.25%. Use the drawdown chart below to compare losses from any high point for BKIE and DFDV.

Drawdown Indicators

	BKIE	DFDV	Difference
Max Drawdown Largest peak-to-trough decline	-28.19%	-92.25%	+64.06%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-89.56%	+78.15%
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	-1.33%	-92.20%	+90.87%
Average Drawdown Average peak-to-trough decline	-4.98%	-72.11%	+67.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	68.54%	-65.59%

Volatility

BKIE vs. DFDV - Volatility Comparison

The current volatility for BNY Mellon International Equity ETF (BKIE) is 4.42%, while DeFi Development Corp (DFDV) has a volatility of 25.31%. This indicates that BKIE experiences smaller price fluctuations and is considered to be less risky than DFDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKIE	DFDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.42%	25.31%	-20.89%
Volatility (6M) Calculated over the trailing 6-month period	12.17%	83.96%	-71.79%
Volatility (1Y) Calculated over the trailing 1-year period	14.58%	138.64%	-124.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.12%	520.77%	-504.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.34%	520.77%	-504.43%

Dividends

BKIE vs. DFDV - Dividend Comparison

BKIE's dividend yield for the trailing twelve months is around 3.26%, while DFDV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	3.26%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%
DFDV DeFi Development Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BKIE and DFDV in my portfolio?

BKIE and DFDV have a correlation of 0.31, 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 DFDV?

DFDV has higher volatility (25.31%) compared to BKIE (4.42%). In terms of maximum drawdown, BKIE dropped -28.19% vs DFDV's -92.25%.

Which has better risk-adjusted returns?

BKIE currently has the higher Sharpe Ratio (1.56 vs -0.60), 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.