BKLC vs. UTRN

Last updated Jun 4, 2026

BKLC (BNY Mellon US Large Cap Core Equity ETF) and UTRN (Vesper U.S. Large Cap Short-Term Reversal Strategy ETF) are both exchange-traded funds - BKLC is a Large Cap Growth Equities fund tracking the Morningstar US Large Cap Index, while UTRN is a Large Cap Blend Equities fund tracking the Vesper US Large Cap Short-Term Reversal Index. Both are passively managed. A 0.62 correlation means they provide meaningful diversification when combined. BKLC charges 0.00%/yr vs 0.75%/yr for UTRN.

Performance

BKLC vs. UTRN - 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 Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN). 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*: —

UTRN

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

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

BKLC vs. UTRN - 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%
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	0.00%	-3.65%	28.82%	0.72%	-20.36%	30.54%	22.71%

Correlation

The correlation between BKLC and UTRN is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since Apr 13, 2020	0.62

The correlation between BKLC and UTRN shifts across timeframes, from 0.44 (3 years) to 0.62 (all time), reflecting how their relationship changes across market environments.

BKLC vs. UTRN - Sectors Allocation Comparison

Sectors	BKLC	UTRN
Technology	38.0%	31.9%
Financial Services	10.9%	36.4%
Communication Services	10.8%	8.0%
Consumer Cyclical	9.8%	3.9%
Healthcare	8.3%	3.8%
Industrials	7.8%	4.0%
Consumer Defensive	4.4%	-
Energy	3.3%	4.1%
Utilities	2.5%	-
Real Estate	1.7%	-
Basic Materials	1.6%	7.9%

Return for Risk

BKLC vs. UTRN — 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. UTRN - 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 Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN). 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	UTRN	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	UTRN	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	UTRN	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	UTRN	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. UTRN - Expense Ratio Comparison

BKLC has a 0.00% expense ratio, which is lower than UTRN's 0.75% expense ratio.

Dividends

BKLC vs. UTRN - Dividend Comparison

BKLC's dividend yield for the trailing twelve months is around 1.01%, while UTRN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	0.00%	0.00%	1.06%	2.75%	1.09%	24.51%	9.09%	3.77%	0.71%

Frequently Asked Questions

Can I hold both BKLC and UTRN in my portfolio?

BKLC and UTRN have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BKLC or UTRN?

On fees, BKLC is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BKLC or UTRN?

BKLC is cheaper with a 0.00% expense ratio, compared with 0.75% for UTRN.

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

BKLC has the higher dividend yield at 1.01%, compared with 0.00% for UTRN.

What is the main difference between BKLC and UTRN?

BKLC is categorized as Large Cap Growth Equities, while UTRN is Large Cap Blend Equities. BKLC tracks Morningstar US Large Cap Index, while UTRN tracks Vesper US Large Cap Short-Term Reversal Index. They also come from different issuers: BNY Mellon and Exchange Traded Concepts. Their fees differ too: 0.00% for BKLC and 0.75% for UTRN.