BKLC vs. FADTX

Last updated Jun 4, 2026

BKLC (BNY Mellon US Large Cap Core Equity ETF) and FADTX (Fidelity Advisor Technology Fund Class A) are both funds - BKLC is a Large Cap Growth Equities fund tracking the Morningstar US Large Cap Index, while FADTX is a Technology Equities fund managed by Fidelity. Their correlation of 0.84 suggests significant overlap in exposure. BKLC charges 0.00%/yr vs 0.97%/yr for FADTX.

Performance

BKLC vs. FADTX - 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 Fidelity Advisor Technology Fund Class A (FADTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BKLC

• 1D: -0.74%
• 1M: 5.19%
• YTD: 10.93%
• 6M: 10.81%
• 1Y: 28.05%
• 3Y*: 23.25%
• 5Y*: 14.33%
• 10Y*: —

FADTX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BKLC vs. FADTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKLC BNY Mellon US Large Cap Core Equity ETF	10.93%	18.06%	25.56%	30.88%	-20.52%	27.41%	37.38%
FADTX Fidelity Advisor Technology Fund Class A	0.00%	24.35%	35.02%	59.29%	-36.17%	27.26%	76.01%

Correlation

The correlation between BKLC and FADTX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Apr 13, 2020	0.84

Over the past year, the correlation between BKLC and FADTX has dropped to 0.48 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.

BKLC vs. FADTX - Sectors Allocation Comparison

Sectors	BKLC	FADTX
Technology	38.0%	97.9%
Financial Services	10.9%	-
Communication Services	10.8%	0.8%
Consumer Cyclical	9.8%	1.2%
Healthcare	8.3%	-
Industrials	7.8%	-
Consumer Defensive	4.4%	-
Energy	3.3%	-
Utilities	2.5%	-
Real Estate	1.7%	-
Basic Materials	1.6%	0.0%

Return for Risk

BKLC vs. FADTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKLC

BKLC Risk / Return Rank: 68
BKLC Sharpe Ratio Rank: 69
BKLC Sortino Ratio Rank: 67
BKLC Omega Ratio Rank: 69
BKLC Calmar Ratio Rank: 61
BKLC Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKLC vs. FADTX - 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 Fidelity Advisor Technology Fund Class A (FADTX). 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.

	BKLC	FADTX	Difference
Sharpe ratio: Return per unit of total volatility	2.33	—	—
Sortino ratio: Return per unit of downside risk	3.15	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	3.10	—	—
Martin ratio: Return relative to average drawdown	14.15	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BKLC	FADTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.12	—	—

Drawdowns

Drawdown Indicators

	BKLC	FADTX	Difference
Max Drawdown Largest peak-to-trough decline	-26.14%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.10%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.05%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.14%	—	—
Current Drawdown Current decline from peak	-0.74%	—	—
Average Drawdown Average peak-to-trough decline	-5.27%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	—	—

Volatility

Volatility by Period

	BKLC	FADTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.11%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.16%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.44%	—	—

BKLC vs. FADTX - Expense Ratio Comparison

BKLC has a 0.00% expense ratio, which is lower than FADTX's 0.97% expense ratio.

Dividends

BKLC vs. FADTX - Dividend Comparison

BKLC's dividend yield for the trailing twelve months is around 1.01%, less than FADTX's 11.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKLC BNY Mellon US Large Cap Core Equity ETF	1.01%	1.05%	1.22%	1.35%	1.64%	1.10%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%
FADTX Fidelity Advisor Technology Fund Class A	11.13%	11.13%	8.01%	3.94%	3.72%	12.63%	7.85%	2.52%	23.98%	8.23%	1.63%	4.55%

Frequently Asked Questions

Can I hold both BKLC and FADTX in my portfolio?

BKLC and FADTX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.