BKIE vs. VEA
Compare and contrast key facts about BNY Mellon International Equity ETF (BKIE) and Vanguard FTSE Developed Markets ETF (VEA).
BKIE and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKIE is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Morningstar Developed Markets ex-US Large Cap Index. It was launched on Apr 24, 2020. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007. Both BKIE and VEA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKIE or VEA.
Performance
BKIE vs. VEA - Performance Comparison
Returns By Period
In the year-to-date period, BKIE achieves a 5.32% return, which is significantly higher than VEA's 4.20% return.
BKIE
5.32%
-5.26%
-2.05%
12.15%
N/A
N/A
VEA
4.20%
-4.91%
-2.89%
12.52%
5.65%
5.23%
Key characteristics
| BKIE | VEA | |
|---|---|---|
| Sharpe Ratio | 1.05 | 0.96 |
| Sortino Ratio | 1.52 | 1.38 |
| Omega Ratio | 1.18 | 1.17 |
| Calmar Ratio | 1.75 | 1.24 |
| Martin Ratio | 5.43 | 4.78 |
| Ulcer Index | 2.46% | 2.57% |
| Daily Std Dev | 12.76% | 12.84% |
| Max Drawdown | -28.19% | -60.70% |
| Current Drawdown | -7.64% | -8.03% |
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BKIE vs. VEA - Expense Ratio Comparison
BKIE has a 0.04% expense ratio, which is lower than VEA's 0.05% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between BKIE and VEA is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
BKIE vs. VEA - Risk-Adjusted Performance 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.
Dividends
BKIE vs. VEA - Dividend Comparison
BKIE's dividend yield for the trailing twelve months is around 2.90%, less than VEA's 3.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKIE BNY Mellon International Equity ETF | 2.90% | 2.88% | 2.97% | 2.58% | 1.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEA Vanguard FTSE Developed Markets ETF | 3.06% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
BKIE vs. VEA - Drawdown Comparison
The maximum BKIE drawdown since its inception was -28.19%, smaller than the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for BKIE and VEA. For additional features, visit the drawdowns tool.
Volatility
BKIE vs. VEA - Volatility Comparison
BNY Mellon International Equity ETF (BKIE) and Vanguard FTSE Developed Markets ETF (VEA) have volatilities of 3.63% and 3.73%, 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.