BKLC vs. AVGO
BKLC (BNY Mellon US Large Cap Core Equity ETF) is Large Cap Blend Equities fund tracking the Morningstar US Large Cap Index, while AVGO (Broadcom Inc.) is a stock. Over the past 5 years, BKLC returned 13.79%/yr vs 55.09%/yr for AVGO. A 0.69 correlation means they provide meaningful diversification when combined.
Performance
BKLC vs. AVGO - Performance Comparison
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Returns By Period
In the year-to-date period, BKLC achieves a 9.04% return, which is significantly lower than AVGO's 10.62% return.
BKLC
- 1D
- 0.43%
- 1M
- 0.06%
- YTD
- 9.04%
- 6M
- 9.42%
- 1Y
- 24.38%
- 3Y*
- 21.79%
- 5Y*
- 13.79%
- 10Y*
- —
AVGO
- 1D
- -0.91%
- 1M
- -8.33%
- YTD
- 10.62%
- 6M
- 6.58%
- 1Y
- 50.41%
- 3Y*
- 67.17%
- 5Y*
- 55.09%
- 10Y*
- 40.96%
BKLC vs. AVGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BKLC BNY Mellon US Large Cap Core Equity ETF | 9.04% | 18.06% | 25.56% | 30.88% | -20.52% | 27.41% | 37.31% |
AVGO Broadcom Inc. | 10.62% | 50.63% | 110.49% | 104.18% | -13.27% | 56.48% | 72.42% |
Correlation
The correlation between BKLC and AVGO is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2020 | 0.69 |
The correlation between BKLC and AVGO shifts across timeframes, from 0.59 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BKLC vs. AVGO — Risk / Return Rank
BKLC
AVGO
BKLC vs. AVGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Large Cap Core Equity ETF (BKLC) and Broadcom Inc. (AVGO). 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.
| BKLC | AVGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.83 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.22 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 1.77 | +0.92 |
| Martin ratioReturn relative to average drawdown | 11.95 | 4.11 | +7.84 |
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Drawdowns
BKLC vs. AVGO - Drawdown Comparison
The maximum BKLC drawdown since its inception was -26.14%, smaller than the maximum AVGO drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for BKLC and AVGO.
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Drawdown Indicators
| BKLC | AVGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.14% | -48.30% | +22.16% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -28.67% | +19.57% |
Max Drawdown (3Y)Largest decline over 3 years | -19.05% | -41.15% | +22.10% |
Max Drawdown (5Y)Largest decline over 5 years | -26.14% | -41.15% | +15.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.30% | — |
Current DrawdownCurrent decline from peak | -2.43% | -20.66% | +18.23% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -7.98% | +2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 12.30% | -10.25% |
Volatility
BKLC vs. AVGO - Volatility Comparison
The current volatility for BNY Mellon US Large Cap Core Equity ETF (BKLC) is 4.60%, while Broadcom Inc. (AVGO) has a volatility of 20.53%. This indicates that BKLC experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BKLC | AVGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.60% | 20.53% | -15.93% |
Volatility (6M)Calculated over the trailing 6-month period | 9.87% | 35.04% | -25.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.63% | 45.57% | -32.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | 43.39% | -26.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.47% | 39.52% | -22.05% |
Dividends
BKLC vs. AVGO - Dividend Comparison
BKLC's dividend yield for the trailing twelve months is around 1.03%, more than AVGO's 0.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 0.65% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
BKLC BNY Mellon US Large Cap Core Equity ETF | 1.03% | 1.05% | 1.22% | 1.35% | 1.64% | 1.10% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BKLC and AVGO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGO has higher volatility (20.53%) compared to BKLC (4.60%). In terms of maximum drawdown, BKLC dropped -26.14% vs AVGO's -48.30%.
BKLC currently has the higher Sharpe Ratio (1.94 vs 1.11), 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.
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