BKLC vs. RDVY

Last updated Jun 9, 2026

BKLC (BNY Mellon US Large Cap Core Equity ETF) and RDVY (First Trust Rising Dividend Achievers ETF) are both Large Cap Blend Equities funds - BKLC tracks the Morningstar US Large Cap Index while RDVY tracks the NASDAQ US Rising Dividend Achievers. Both are passively managed. Over the past 5 years, BKLC returned 13.91%/yr vs 11.23%/yr for RDVY. A 0.80 correlation means they provide meaningful diversification when combined. BKLC charges 0.00%/yr vs 0.50%/yr for RDVY.

Performance

BKLC vs. RDVY - 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 First Trust Rising Dividend Achievers ETF (RDVY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKLC achieves a 8.75% return, which is significantly lower than RDVY's 9.73% return.

BKLC

• 1D: 0.37%
• 1M: 0.47%
• YTD: 8.75%
• 6M: 8.75%
• 1Y: 24.83%
• 3Y*: 22.35%
• 5Y*: 13.91%
• 10Y*: —

RDVY

• 1D: 0.64%
• 1M: 1.93%
• YTD: 9.73%
• 6M: 10.68%
• 1Y: 25.00%
• 3Y*: 19.77%
• 5Y*: 11.23%
• 10Y*: 15.67%

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

BKLC vs. RDVY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKLC BNY Mellon US Large Cap Core Equity ETF	8.75%	18.06%	25.56%	30.88%	-20.52%	27.41%	37.38%
RDVY First Trust Rising Dividend Achievers ETF	9.73%	18.90%	16.41%	20.38%	-13.27%	31.14%	45.35%

Correlation

The correlation between BKLC and RDVY is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Apr 13, 2020	0.80

The correlation between BKLC and RDVY has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.

BKLC vs. RDVY - Sectors Allocation Comparison

Sectors	BKLC	RDVY
Technology	38.2%	17.6%
Communication Services	10.8%	5.4%
Financial Services	10.7%	36.5%
Consumer Cyclical	10.0%	12.2%
Healthcare	8.4%	8.1%
Industrials	7.8%	12.2%
Consumer Defensive	4.4%	4.1%
Energy	3.2%	1.4%
Utilities	2.5%	1.4%
Real Estate	1.6%	-
Basic Materials	1.6%	-

Return for Risk

BKLC vs. RDVY — Risk / Return Rank

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

BKLC

BKLC Risk / Return Rank: 67
BKLC Sharpe Ratio Rank: 68
BKLC Sortino Ratio Rank: 65
BKLC Omega Ratio Rank: 68
BKLC Calmar Ratio Rank: 61
BKLC Martin Ratio Rank: 73

RDVY

RDVY Risk / Return Rank: 61
RDVY Sharpe Ratio Rank: 58
RDVY Sortino Ratio Rank: 61
RDVY Omega Ratio Rank: 56
RDVY Calmar Ratio Rank: 61
RDVY Martin Ratio Rank: 70

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. RDVY - 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 First Trust Rising Dividend Achievers ETF (RDVY). 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	RDVY	Difference
Sharpe ratio: Return per unit of total volatility	2.01	1.78	+0.23
Sortino ratio: Return per unit of downside risk	2.69	2.55	+0.14
Omega ratio: Gain probability vs. loss probability	1.37	1.31	+0.05
Calmar ratio: Return relative to maximum drawdown	2.74	2.78	-0.04
Martin ratio: Return relative to average drawdown	12.42	11.67	+0.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKLC vs. RDVY - Sharpe Ratio Comparison

The current BKLC Sharpe Ratio is 2.01, which is comparable to the RDVY Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of BKLC and RDVY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BKLC	RDVY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.01	1.78	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.60	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	0.66	+0.44

Drawdowns

BKLC vs. RDVY - Drawdown Comparison

The maximum BKLC drawdown since its inception was -26.14%, smaller than the maximum RDVY drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for BKLC and RDVY.

Drawdown Indicators

	BKLC	RDVY	Difference
Max Drawdown Largest peak-to-trough decline	-26.14%	-40.60%	+14.46%
Max Drawdown (1Y) Largest decline over 1 year	-9.10%	-9.04%	-0.06%
Max Drawdown (3Y) Largest decline over 3 years	-19.05%	-19.11%	+0.06%
Max Drawdown (5Y) Largest decline over 5 years	-26.14%	-25.32%	-0.82%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.60%	—
Current Drawdown Current decline from peak	-2.69%	-1.20%	-1.49%
Average Drawdown Average peak-to-trough decline	-5.26%	-5.00%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	2.15%	-0.15%

Volatility

BKLC vs. RDVY - Volatility Comparison

BNY Mellon US Large Cap Core Equity ETF (BKLC) and First Trust Rising Dividend Achievers ETF (RDVY) have volatilities of 3.98% and 3.98%, 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

	BKLC	RDVY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.98%	3.98%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	9.58%	11.14%	-1.56%
Volatility (1Y) Calculated over the trailing 1-year period	12.42%	14.15%	-1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.21%	18.94%	-1.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.47%	21.12%	-3.65%

BKLC vs. RDVY - Expense Ratio Comparison

BKLC has a 0.00% expense ratio, which is lower than RDVY's 0.50% expense ratio.

Dividends

BKLC vs. RDVY - Dividend Comparison

BKLC's dividend yield for the trailing twelve months is around 1.03%, more than RDVY's 0.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
RDVY First Trust Rising Dividend Achievers ETF	0.92%	1.11%	1.64%	2.09%	2.21%	1.04%	1.53%	1.55%	1.68%	1.25%	2.07%	2.14%

Frequently Asked Questions

Can I hold both BKLC and RDVY in my portfolio?

BKLC and RDVY have a correlation of 0.81, 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 RDVY?

RDVY has higher volatility (3.98%) compared to BKLC (3.98%). In terms of maximum drawdown, BKLC dropped -26.14% vs RDVY's -40.60%.

Which ETF is better, BKLC or RDVY?

On 5-year performance, BKLC leads with 13.91% vs 11.23% for RDVY. On fees, BKLC is cheaper at 0.00% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKLC or RDVY?

Over the 5-year period, BKLC has performed better with a 13.91% return vs 11.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKLC or RDVY?

BKLC is cheaper with a 0.00% expense ratio, compared with 0.50% for RDVY.

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

BKLC has the higher dividend yield at 1.03%, compared with 0.92% for RDVY.

What is the main difference between BKLC and RDVY?

BKLC tracks Morningstar US Large Cap Index, while RDVY tracks NASDAQ US Rising Dividend Achievers. They also come from different issuers: BNY Mellon and First Trust. Their fees differ too: 0.00% for BKLC and 0.50% for RDVY.

Which has better risk-adjusted returns?

BKLC currently has the higher Sharpe Ratio (2.01 vs 1.78), 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.