BKMC vs. BEDY
BKMC (BNY Mellon US Mid Cap Core Equity ETF) and BEDY (BNY Mellon Enhanced Dividend Income ETF) are both exchange-traded funds - BKMC is a Mid Cap Growth Equities fund tracking the Morningstar US Mid Cap Index, while BEDY is a Large Cap Value Equities fund actively managed by BNY Mellon. BKMC is passively managed, while BEDY is actively managed. A 0.76 correlation means they provide meaningful diversification when combined. BKMC charges 0.04%/yr vs 0.50%/yr for BEDY.
Performance
BKMC vs. BEDY - Performance Comparison
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Returns By Period
In the year-to-date period, BKMC achieves a 11.60% return, which is significantly lower than BEDY's 13.36% return.
BKMC
- 1D
- -0.48%
- 1M
- 0.63%
- 6M
- 4.36%
- YTD
- 11.60%
- 1Y
- 16.92%
- 3Y*
- 13.14%
- 5Y*
- 8.27%
- 10Y*
- —
BEDY
- 1D
- -0.39%
- 1M
- 1.35%
- 6M
- 9.28%
- YTD
- 13.36%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BKMC vs. BEDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BKMC BNY Mellon US Mid Cap Core Equity ETF | 11.60% | -0.81% |
BEDY BNY Mellon Enhanced Dividend Income ETF | 13.36% | 1.45% |
Correlation
The correlation between BKMC and BEDY is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 8, 2025 | 0.76 |
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Return for Risk
BKMC vs. BEDY — Risk / Return Rank
BKMC
BEDY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BKMC vs. BEDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Mid Cap Core Equity ETF (BKMC) and BNY Mellon Enhanced Dividend Income ETF (BEDY). 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.
| BKMC | BEDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.20 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | — | — |
| Martin ratioReturn relative to average drawdown | 6.56 | — | — |
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Drawdowns
BKMC vs. BEDY - Drawdown Comparison
The maximum BKMC drawdown since its inception was -25.02%, which is greater than BEDY's maximum drawdown of -6.25%. Use the drawdown chart below to compare losses from any high point for BKMC and BEDY.
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Drawdown Indicators
| BKMC | BEDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.02% | -6.25% | -18.77% |
Max Drawdown (1Y)Largest decline over 1 year | -9.82% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -23.68% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.02% | — | — |
Current DrawdownCurrent decline from peak | -2.34% | -1.01% | -1.33% |
Average DrawdownAverage peak-to-trough decline | -6.44% | -1.17% | -5.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | — | — |
Volatility
BKMC vs. BEDY - Volatility Comparison
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Volatility by Period
| BKMC | BEDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.25% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.24% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.34% | 11.84% | +3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.82% | 11.84% | +6.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.07% | 11.84% | +7.23% |
BKMC vs. BEDY - Expense Ratio Comparison
BKMC has a 0.04% expense ratio, which is lower than BEDY's 0.50% expense ratio.
Dividends
BKMC vs. BEDY - Dividend Comparison
BKMC's dividend yield for the trailing twelve months is around 1.42%, less than BEDY's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BEDY BNY Mellon Enhanced Dividend Income ETF | 3.96% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BKMC BNY Mellon US Mid Cap Core Equity ETF | 1.42% | 1.35% | 1.54% | 1.38% | 1.63% | 1.15% | 0.86% |
Frequently Asked Questions
BKMC and BEDY have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BKMC is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BKMC is cheaper with a 0.04% expense ratio, compared with 0.50% for BEDY.
BEDY has the higher dividend yield at 3.96%, compared with 1.42% for BKMC.
BKMC is categorized as Mid Cap Growth Equities, while BEDY is Large Cap Value Equities. Their fees differ too: 0.04% for BKMC and 0.50% for BEDY.
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