BKIE vs. VGPMX

Last updated Aug 2, 2026

BKIE (BNY Mellon International Equity ETF) and VGPMX (Vanguard Global Capital Cycles Fund) are both 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 VGPMX is a Global Equities fund managed by Vanguard. Over the past 5 years, BKIE returned 9.97%/yr vs 20.65%/yr for VGPMX. Their correlation of 0.83 means they have usually moved in the same direction. BKIE charges 0.04%/yr vs 0.36%/yr for VGPMX.

Performance

BKIE vs. VGPMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon International Equity ETF (BKIE) and Vanguard Global Capital Cycles Fund (VGPMX). 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 VGPMX's 16.88% 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%

VGPMX

• 1D: 2.26%
• 1M: 2.84%
• 6M: 6.45%
• YTD: 16.88%
• 1Y: 58.07%
• 3Y*: 27.54%
• 5Y*: 20.65%
• 10Y*: 9.11%
• ALL TIME*: 6.52%

*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
VGPMX Vanguard Global Capital Cycles Fund	$0.00	$0.00	$0.00

BKIE vs. VGPMX - 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%
VGPMX Vanguard Global Capital Cycles Fund	16.88%	65.96%	5.78%	10.06%	7.34%	19.50%	41.60%

Correlation

The correlation between BKIE and VGPMX is 0.80, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.80
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020	0.83

The correlation between BKIE and VGPMX has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.

BKIE vs. VGPMX - Sectors Allocation Comparison

Sectors	BKIE	VGPMX
Financial Services	26.6%	5.7%
Industrials	17.9%	2.6%
Technology	11.7%	9.5%
Healthcare	9.1%	11.9%
Consumer Cyclical	7.2%	5.1%
Basic Materials	6.7%	38.0%
Consumer Defensive	6.3%	9.4%
Energy	5.0%	4.4%
Communication Services	4.1%	6.5%
Utilities	3.5%	4.7%
Real Estate	1.8%	2.2%

Return for Risk

BKIE vs. VGPMX — 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

VGPMX

VGPMX Risk / Return Rank: 95
VGPMX Sharpe Ratio Rank: 98
VGPMX Sortino Ratio Rank: 94
VGPMX Omega Ratio Rank: 92
VGPMX Calmar Ratio Rank: 96
VGPMX Martin Ratio Rank: 95

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. VGPMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Equity ETF (BKIE) and Vanguard Global Capital Cycles Fund (VGPMX). 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	VGPMX	Difference
Sharpe ratio: Return per unit of total volatility	1.68	3.13	-1.44
Sortino ratio: Return per unit of downside risk	2.39	3.78	-1.39
Omega ratio: Gain probability vs. loss probability	1.30	1.53	-0.23
Calmar ratio: Return relative to maximum drawdown	2.25	4.42	-2.17
Martin ratio: Return relative to average drawdown	8.73	14.96	-6.23

BKIE vs. VGPMX - Sharpe Ratio Comparison

The current BKIE Sharpe Ratio is 1.68, which is lower than the VGPMX Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of BKIE and VGPMX, 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. VGPMX - Drawdown Comparison

The maximum BKIE drawdown since its inception was -28.19%, smaller than the maximum VGPMX drawdown of -78.85%. Use the drawdown chart below to compare losses from any high point for BKIE and VGPMX.

Drawdown Indicators

	BKIE	VGPMX	Difference
Max Drawdown Largest peak-to-trough decline	-28.19%	-78.85%	+50.66%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-12.80%	+1.39%
Max Drawdown (3Y) Largest decline over 3 years	-13.19%	-14.63%	+1.44%
Max Drawdown (5Y) Largest decline over 5 years	-28.19%	-22.71%	-5.48%
Max Drawdown (10Y) Largest decline over 10 years	—	-54.56%	—
Current Drawdown Current decline from peak	-0.70%	-3.52%	+2.82%
Average Drawdown Average peak-to-trough decline	-4.88%	-34.44%	+29.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	3.77%	-0.84%

Volatility

BKIE vs. VGPMX - Volatility Comparison

BNY Mellon International Equity ETF (BKIE) and Vanguard Global Capital Cycles Fund (VGPMX) have volatilities of 4.29% and 4.49%, 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	VGPMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	4.49%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	13.05%	15.24%	-2.19%
Volatility (1Y) Calculated over the trailing 1-year period	15.27%	18.11%	-2.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.21%	17.49%	-1.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.32%	20.63%	-4.31%

BKIE vs. VGPMX - Expense Ratio Comparison

BKIE has a 0.04% expense ratio, which is lower than VGPMX's 0.36% expense ratio.

Dividends

BKIE vs. VGPMX - Dividend Comparison

BKIE's dividend yield for the trailing twelve months is around 3.15%, less than VGPMX's 3.34% 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%
VGPMX Vanguard Global Capital Cycles Fund	3.34%	2.59%	2.68%	3.22%	3.27%	3.26%	2.03%	2.39%	3.02%	0.02%	1.72%	2.32%

Frequently Asked Questions

Can I hold both BKIE and VGPMX in my portfolio?

BKIE and VGPMX have a correlation of 0.80, 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 VGPMX?

VGPMX has higher volatility (4.49%) compared to BKIE (4.29%). In terms of maximum drawdown, BKIE dropped -28.19% vs VGPMX's -78.85%.

Which has better risk-adjusted returns?

VGPMX currently has the higher Sharpe Ratio (3.13 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.