BKLC vs. DRLL

Last updated Aug 6, 2026

BKLC (BNY Mellon US Large Cap Core Equity ETF) and DRLL (Strive U.S. Energy ETF) are both exchange-traded funds - BKLC is a Large Cap Blend Equities fund tracking the Morningstar US Large Cap Index, while DRLL is a Energy Equities fund tracking the Bloomberg US Energy Select Index. Both are passively managed. Over the past 3 years, BKLC returned 22.27%/yr vs 11.02%/yr for DRLL. Their 0.23 correlation means their historical movements had little consistent relationship. BKLC charges 0.00%/yr vs 0.41%/yr for DRLL.

Performance

BKLC vs. DRLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon US Large Cap Core Equity ETF (BKLC) and Strive U.S. Energy ETF (DRLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKLC achieves a 13.29% return, which is significantly lower than DRLL's 29.95% return.

BKLC

• 1D: -0.22%
• 1M: 2.16%
• 6M: 12.94%
• YTD: 13.29%
• 1Y: 23.58%
• 3Y*: 22.27%
• 5Y*: 13.41%
• 10Y*: —
• ALL TIME*: 19.33%

DRLL

• 1D: -2.68%
• 1M: 8.84%
• 6M: 11.16%
• YTD: 29.95%
• 1Y: 37.23%
• 3Y*: 11.02%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.29%

*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)
BKLC BNY Mellon US Large Cap Core Equity ETF	$20.93M	$19.93M	$22.38M
DRLL Strive U.S. Energy ETF	$478.10K	$507.89K	$528.94K

BKLC vs. DRLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BKLC BNY Mellon US Large Cap Core Equity ETF	13.29%	18.06%	25.56%	30.88%	-7.71%
DRLL Strive U.S. Energy ETF	29.95%	7.74%	0.02%	-1.84%	15.52%

Correlation

The correlation between BKLC and DRLL is -0.19, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.19
Correlation (3Y) Balances recent behavior with more history.	0.10
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022	0.23

The correlation between BKLC and DRLL shifts across timeframes, from -0.19 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

BKLC vs. DRLL - Sectors Allocation Comparison

Sectors	BKLC	DRLL
Technology	37.6%	-
Financial Services	12.0%	-
Communication Services	9.5%	-
Healthcare	9.3%	-
Consumer Cyclical	9.0%	0.9%
Industrials	7.9%	-
Consumer Defensive	4.5%	-
Energy	3.5%	99.1%
Utilities	2.6%	-
Real Estate	1.8%	-
Basic Materials	1.7%	-

Return for Risk

BKLC vs. DRLL — Risk / Return Rank

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

BKLC

BKLC Risk / Return Rank: 69
BKLC Sharpe Ratio Rank: 69
BKLC Sortino Ratio Rank: 66
BKLC Omega Ratio Rank: 67
BKLC Calmar Ratio Rank: 65
BKLC Martin Ratio Rank: 76

DRLL

DRLL Risk / Return Rank: 53
DRLL Sharpe Ratio Rank: 59
DRLL Sortino Ratio Rank: 53
DRLL Omega Ratio Rank: 52
DRLL Calmar Ratio Rank: 54
DRLL Martin Ratio Rank: 44

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.

BKLC vs. DRLL - 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 Strive U.S. Energy ETF (DRLL). 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	DRLL	Difference
Sharpe ratio: Return per unit of total volatility	1.81	1.62	+0.20
Sortino ratio: Return per unit of downside risk	2.49	2.13	+0.36
Omega ratio: Gain probability vs. loss probability	1.32	1.27	+0.05
Calmar ratio: Return relative to maximum drawdown	2.60	2.20	+0.40
Martin ratio: Return relative to average drawdown	10.91	5.57	+5.34

BKLC vs. DRLL - Sharpe Ratio Comparison

The current BKLC Sharpe Ratio is 1.81, which is comparable to the DRLL Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of BKLC and DRLL, 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

BKLC vs. DRLL - Drawdown Comparison

The maximum BKLC drawdown since its inception was -26.14%, which is greater than DRLL's maximum drawdown of -23.73%. Use the drawdown chart below to compare losses from any high point for BKLC and DRLL.

Drawdown Indicators

	BKLC	DRLL	Difference
Max Drawdown Largest peak-to-trough decline	-26.14%	-23.73%	-2.41%
Max Drawdown (1Y) Largest decline over 1 year	-9.10%	-16.99%	+7.89%
Max Drawdown (3Y) Largest decline over 3 years	-19.05%	-23.73%	+4.68%
Max Drawdown (5Y) Largest decline over 5 years	-26.14%	—	—
Current Drawdown Current decline from peak	-0.22%	-9.02%	+8.80%
Average Drawdown Average peak-to-trough decline	-5.18%	-8.14%	+2.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.17%	6.71%	-4.54%

Volatility

BKLC vs. DRLL - Volatility Comparison

The current volatility for BNY Mellon US Large Cap Core Equity ETF (BKLC) is 4.09%, while Strive U.S. Energy ETF (DRLL) has a volatility of 7.42%. This indicates that BKLC experiences smaller price fluctuations and is considered to be less risky than DRLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKLC	DRLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	7.42%	-3.33%
Volatility (6M) Calculated over the trailing 6-month period	10.47%	18.67%	-8.20%
Volatility (1Y) Calculated over the trailing 1-year period	13.08%	23.14%	-10.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.33%	23.82%	-6.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.40%	23.82%	-6.42%

BKLC vs. DRLL - Expense Ratio Comparison

BKLC has a 0.00% expense ratio, which is lower than DRLL's 0.41% expense ratio.

Dividends

BKLC vs. DRLL - Dividend Comparison

BKLC's dividend yield for the trailing twelve months is around 1.03%, less than DRLL's 2.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKLC BNY Mellon US Large Cap Core Equity ETF	1.03%	1.05%	1.22%	1.35%	1.64%	1.10%	0.84%
DRLL Strive U.S. Energy ETF	2.34%	2.99%	3.00%	3.01%	1.18%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BKLC and DRLL in my portfolio?

BKLC and DRLL have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKLC or DRLL?

DRLL has higher volatility (7.42%) compared to BKLC (4.09%). In terms of maximum drawdown, BKLC dropped -26.14% vs DRLL's -23.73%.

Which ETF is better, BKLC or DRLL?

On 3-year performance, BKLC leads with 22.27% vs 11.02% for DRLL. On fees, BKLC is cheaper at 0.00% per year. On volatility, BKLC has been the lower-risk option at 4.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKLC or DRLL?

Over the 3-year period, BKLC has performed better with a 22.27% return vs 11.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKLC or DRLL?

BKLC is cheaper with a 0.00% expense ratio, compared with 0.41% for DRLL.

Which ETF pays a higher dividend yield, BKLC or DRLL?

DRLL has the higher dividend yield at 2.34%, compared with 1.03% for BKLC.

What is the main difference between BKLC and DRLL?

BKLC is categorized as Large Cap Blend Equities, while DRLL is Energy Equities. BKLC tracks Morningstar US Large Cap Index, while DRLL tracks Bloomberg US Energy Select Index. They also come from different issuers: BNY Mellon and Strive. Their fees differ too: 0.00% for BKLC and 0.41% for DRLL.

Which has better risk-adjusted returns?

BKLC currently has the higher Sharpe Ratio (1.81 vs 1.62), 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.