BKIE vs. VEA

Last updated Aug 2, 2026

BKIE (BNY Mellon International Equity ETF) and VEA (Vanguard FTSE Developed Markets 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 VEA tracks the FTSE Developed All Cap ex US Index. Both are passively managed. Over the past 5 years, BKIE returned 9.97%/yr vs 9.76%/yr for VEA. Their 0.98 correlation means they have historically moved very closely together. BKIE charges 0.04%/yr vs 0.03%/yr for VEA.

Performance

BKIE vs. VEA - Performance Comparison

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

Returns By Period

In the year-to-date period, BKIE achieves a 11.71% return, which is significantly lower than VEA's 13.84% return.

BKIE

• 1D: -0.70%
• 1M: 1.29%
• 6M: 6.90%
• YTD: 11.71%
• 1Y: 26.09%
• 3Y*: 17.23%
• 5Y*: 9.97%
• 10Y*: —
• ALL TIME*: 15.05%

VEA

• 1D: -0.66%
• 1M: -0.27%
• 6M: 7.42%
• YTD: 13.84%
• 1Y: 29.71%
• 3Y*: 18.08%
• 5Y*: 9.76%
• 10Y*: 10.05%
• ALL TIME*: 5.13%

*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	$7.08M	$6.86M	$6.10M
VEA Vanguard FTSE Developed Markets ETF	$674.44M	$796.70M	$806.62M

BKIE vs. VEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	11.71%	32.08%	4.63%	18.25%	-13.60%	13.75%	34.17%
VEA Vanguard FTSE Developed Markets ETF	13.84%	35.16%	3.15%	17.93%	-15.34%	11.66%	40.18%

Correlation

The correlation between BKIE and VEA is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.97
Correlation (3Y) Balances recent behavior with more history.	0.97
Correlation (5Y) Shows whether the relationship held over a longer period.	0.98
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020	0.98

The correlation between BKIE and VEA has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

BKIE vs. VEA - Sectors Allocation Comparison

Sectors	BKIE	VEA
Financial Services	26.6%	23.1%
Industrials	17.9%	17.9%
Technology	11.7%	18.4%
Healthcare	9.1%	7.9%
Consumer Cyclical	7.2%	7.3%
Basic Materials	6.7%	6.9%
Consumer Defensive	6.3%	5.3%
Energy	5.0%	4.5%
Communication Services	4.1%	3.2%
Utilities	3.5%	3.1%
Real Estate	1.8%	2.5%

Return for Risk

BKIE vs. VEA — Risk / Return Rank

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

BKIE

BKIE Risk / Return Rank: 71
BKIE Sharpe Ratio Rank: 74
BKIE Sortino Ratio Rank: 74
BKIE Omega Ratio Rank: 72
BKIE Calmar Ratio Rank: 65
BKIE Martin Ratio Rank: 71

VEA

VEA Risk / Return Rank: 75
VEA Sharpe Ratio Rank: 76
VEA Sortino Ratio Rank: 74
VEA Omega Ratio Rank: 75
VEA Calmar Ratio Rank: 73
VEA 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. VEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Equity ETF (BKIE) and Vanguard FTSE Developed Markets ETF (VEA). 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	VEA	Difference
Sharpe ratio: Return per unit of total volatility	1.68	1.71	-0.02
Sortino ratio: Return per unit of downside risk	2.39	2.37	+0.02
Omega ratio: Gain probability vs. loss probability	1.30	1.31	-0.01
Calmar ratio: Return relative to maximum drawdown	2.25	2.53	-0.28
Martin ratio: Return relative to average drawdown	8.73	9.44	-0.71

BKIE vs. VEA - Sharpe Ratio Comparison

The current BKIE Sharpe Ratio is 1.68, which is comparable to the VEA Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of BKIE and VEA, 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. VEA - Drawdown Comparison

The maximum BKIE drawdown since its inception was -28.19%, smaller than the maximum VEA drawdown of -60.68%. Use the drawdown chart below to compare losses from any high point for BKIE and VEA.

Drawdown Indicators

	BKIE	VEA	Difference
Max Drawdown Largest peak-to-trough decline	-28.19%	-60.68%	+32.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-11.63%	+0.22%
Max Drawdown (3Y) Largest decline over 3 years	-13.19%	-13.45%	+0.26%
Max Drawdown (5Y) Largest decline over 5 years	-28.19%	-29.71%	+1.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.73%	—
Current Drawdown Current decline from peak	-0.70%	-2.45%	+1.75%
Average Drawdown Average peak-to-trough decline	-4.88%	-13.20%	+8.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	3.10%	-0.17%

Volatility

BKIE vs. VEA - Volatility Comparison

The current volatility for BNY Mellon International Equity ETF (BKIE) is 4.29%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 5.40%. This indicates that BKIE experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKIE	VEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	5.40%	-1.11%
Volatility (6M) Calculated over the trailing 6-month period	13.05%	15.40%	-2.35%
Volatility (1Y) Calculated over the trailing 1-year period	15.27%	17.25%	-1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.21%	16.84%	-0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.32%	17.21%	-0.89%

BKIE vs. VEA - Expense Ratio Comparison

BKIE has a 0.04% expense ratio, which is higher than VEA's 0.03% 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. VEA - Dividend Comparison

BKIE's dividend yield for the trailing twelve months is around 3.15%, more than VEA's 2.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKIE BNY Mellon International Equity ETF	3.15%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%
VEA Vanguard FTSE Developed Markets ETF	2.57%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%

Frequently Asked Questions

Can I hold both BKIE and VEA in my portfolio?

With a correlation of 0.97, BKIE and VEA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BKIE or VEA?

VEA has higher volatility (5.40%) compared to BKIE (4.29%). In terms of maximum drawdown, BKIE dropped -28.19% vs VEA's -60.68%.

Which ETF is better, BKIE or VEA?

On 5-year performance, BKIE leads with 9.97% vs 9.76% for VEA. On fees, VEA is cheaper at 0.03% per year. On volatility, BKIE has been the lower-risk option at 4.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKIE or VEA?

Over the 5-year period, BKIE has performed better with a 9.97% return vs 9.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKIE or VEA?

VEA is cheaper with a 0.03% expense ratio, compared with 0.04% for BKIE.

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

BKIE has the higher dividend yield at 3.15%, compared with 2.57% for VEA.

What is the main difference between BKIE and VEA?

BKIE tracks Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, while VEA tracks FTSE Developed All Cap ex US Index. They also come from different issuers: BNY Mellon and Vanguard. Their fees differ too: 0.04% for BKIE and 0.03% for VEA.

Which has better risk-adjusted returns?

VEA currently has the higher Sharpe Ratio (1.71 vs 1.68), 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.