BKMC vs. BSMIX
Compare and contrast key facts about BNY Mellon US Mid Cap Core Equity ETF (BKMC) and iShares Russell Small/Mid-Cap Index Fund (BSMIX).
BKMC is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Morningstar US Mid Cap Index. It was launched on Apr 9, 2020. BSMIX is managed by Blackrock. It was launched on Aug 13, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKMC or BSMIX.
Key characteristics
| BKMC | BSMIX | |
|---|---|---|
| YTD Return | 17.85% | 16.20% |
| 1Y Return | 30.86% | 29.88% |
| 3Y Return (Ann) | 4.69% | 2.03% |
| Sharpe Ratio | 2.06 | 1.72 |
| Sortino Ratio | 2.83 | 2.44 |
| Omega Ratio | 1.35 | 1.30 |
| Calmar Ratio | 2.27 | 1.52 |
| Martin Ratio | 10.43 | 9.43 |
| Ulcer Index | 3.01% | 3.22% |
| Daily Std Dev | 15.25% | 17.63% |
| Max Drawdown | -25.02% | -41.32% |
| Current Drawdown | -2.41% | -3.02% |
Correlation
The correlation between BKMC and BSMIX is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BKMC vs. BSMIX - Performance Comparison
In the year-to-date period, BKMC achieves a 17.85% return, which is significantly higher than BSMIX's 16.20% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BKMC vs. BSMIX - Expense Ratio Comparison
BKMC has a 0.04% expense ratio, which is lower than BSMIX's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BKMC vs. BSMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Mid Cap Core Equity ETF (BKMC) and iShares Russell Small/Mid-Cap Index Fund (BSMIX). 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.
Dividends
BKMC vs. BSMIX - Dividend Comparison
BKMC's dividend yield for the trailing twelve months is around 1.29%, more than BSMIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKMC BNY Mellon US Mid Cap Core Equity ETF | 1.29% | 1.38% | 1.63% | 1.15% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSMIX iShares Russell Small/Mid-Cap Index Fund | 1.21% | 1.37% | 1.74% | 1.10% | 1.21% | 1.53% | 1.54% | 1.32% | 1.31% | 0.61% |
Drawdowns
BKMC vs. BSMIX - Drawdown Comparison
The maximum BKMC drawdown since its inception was -25.02%, smaller than the maximum BSMIX drawdown of -41.32%. Use the drawdown chart below to compare losses from any high point for BKMC and BSMIX. For additional features, visit the drawdowns tool.
Volatility
BKMC vs. BSMIX - Volatility Comparison
The current volatility for BNY Mellon US Mid Cap Core Equity ETF (BKMC) is 4.60%, while iShares Russell Small/Mid-Cap Index Fund (BSMIX) has a volatility of 5.89%. This indicates that BKMC experiences smaller price fluctuations and is considered to be less risky than BSMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.