BKMC vs. IMCB
Compare and contrast key facts about BNY Mellon US Mid Cap Core Equity ETF (BKMC) and iShares Morningstar Mid-Cap ETF (IMCB).
BKMC and IMCB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. IMCB is a passively managed fund by iShares that tracks the performance of the IMCB-US - Morningstar U.S. Mid Cap Index. It was launched on Jun 28, 2004. Both BKMC and IMCB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKMC or IMCB.
Correlation
The correlation between BKMC and IMCB is 0.97, 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. IMCB - Performance Comparison
Key characteristics
BKMC:
1.46
IMCB:
1.79
BKMC:
2.01
IMCB:
2.45
BKMC:
1.25
IMCB:
1.31
BKMC:
2.79
IMCB:
3.02
BKMC:
6.26
IMCB:
8.05
BKMC:
3.51%
IMCB:
2.84%
BKMC:
15.09%
IMCB:
12.79%
BKMC:
-25.02%
IMCB:
-58.80%
BKMC:
-4.12%
IMCB:
-3.61%
Returns By Period
The year-to-date returns for both stocks are quite close, with BKMC having a 3.67% return and IMCB slightly lower at 3.60%.
BKMC
3.67%
4.01%
10.17%
19.92%
N/A
N/A
IMCB
3.60%
4.09%
10.72%
21.25%
9.60%
9.70%
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BKMC vs. IMCB - Expense Ratio Comparison
Both BKMC and IMCB have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
BKMC vs. IMCB — Risk-Adjusted Performance Rank
BKMC
IMCB
BKMC vs. IMCB - 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 Morningstar Mid-Cap ETF (IMCB). 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. IMCB - Dividend Comparison
BKMC's dividend yield for the trailing twelve months is around 1.48%, more than IMCB's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKMC BNY Mellon US Mid Cap Core Equity ETF | 1.48% | 1.54% | 1.38% | 1.63% | 1.15% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IMCB iShares Morningstar Mid-Cap ETF | 1.38% | 1.43% | 1.55% | 1.70% | 1.08% | 1.12% | 1.32% | 1.80% | 1.31% | 1.79% | 1.47% | 1.40% |
Drawdowns
BKMC vs. IMCB - Drawdown Comparison
The maximum BKMC drawdown since its inception was -25.02%, smaller than the maximum IMCB drawdown of -58.80%. Use the drawdown chart below to compare losses from any high point for BKMC and IMCB. For additional features, visit the drawdowns tool.
Volatility
BKMC vs. IMCB - Volatility Comparison
BNY Mellon US Mid Cap Core Equity ETF (BKMC) and iShares Morningstar Mid-Cap ETF (IMCB) have volatilities of 5.25% and 5.18%, 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.