BKMC vs. KMID

Last updated Jun 24, 2026

BKMC (BNY Mellon US Mid Cap Core Equity ETF) and KMID (Virtus KAR Mid-Cap ETF) are both Mid Cap Growth Equities funds. BKMC is passively managed, while KMID is actively managed. Over the past year, BKMC returned 21.96% vs -0.30% for KMID. Their correlation of 0.85 suggests significant overlap in exposure. BKMC charges 0.04%/yr vs 0.80%/yr for KMID.

Performance

BKMC vs. KMID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon US Mid Cap Core Equity ETF (BKMC) and Virtus KAR Mid-Cap ETF (KMID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKMC achieves a 11.34% return, which is significantly higher than KMID's 0.87% return.

BKMC

• 1D: -0.86%
• 1M: 1.78%
• YTD: 11.34%
• 6M: 9.13%
• 1Y: 21.96%
• 3Y*: 15.64%
• 5Y*: 7.82%
• 10Y*: —

KMID

• 1D: -1.17%
• 1M: -0.06%
• YTD: 0.87%
• 6M: -0.56%
• 1Y: -0.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BKMC vs. KMID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BKMC BNY Mellon US Mid Cap Core Equity ETF	11.34%	8.74%	-0.82%
KMID Virtus KAR Mid-Cap ETF	0.87%	0.31%	-3.02%

Correlation

The correlation between BKMC and KMID is 0.84, 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	0.84
Correlation (All Time) Calculated using the full available price history since Oct 16, 2024	0.85

The correlation between BKMC and KMID has been stable across timeframes, ranging from 0.84 to 0.85 - a consistent structural relationship.

BKMC vs. KMID - Sectors Allocation Comparison

Sectors	BKMC	KMID
Industrials	22.7%	52.2%
Technology	16.6%	15.8%
Financial Services	12.7%	11.8%
Healthcare	11.7%	11.5%
Consumer Cyclical	10.2%	8.7%
Real Estate	8.2%	-
Basic Materials	4.9%	-
Consumer Defensive	3.7%	-
Communication Services	3.6%	-
Energy	3.3%	-
Utilities	2.4%	-

Return for Risk

BKMC vs. KMID — Risk / Return Rank

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

BKMC

BKMC Risk / Return Rank: 46
BKMC Sharpe Ratio Rank: 43
BKMC Sortino Ratio Rank: 44
BKMC Omega Ratio Rank: 40
BKMC Calmar Ratio Rank: 49
BKMC Martin Ratio Rank: 53

KMID

KMID Risk / Return Rank: 8
KMID Sharpe Ratio Rank: 9
KMID Sortino Ratio Rank: 8
KMID Omega Ratio Rank: 8
KMID Calmar Ratio Rank: 9
KMID Martin Ratio Rank: 9

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.

BKMC vs. KMID - 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 Virtus KAR Mid-Cap ETF (KMID). 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	KMID	Difference
Sharpe ratio: Return per unit of total volatility	1.43	-0.02	+1.45
Sortino ratio: Return per unit of downside risk	2.11	0.08	+2.03
Omega ratio: Gain probability vs. loss probability	1.25	1.01	+0.24
Calmar ratio: Return relative to maximum drawdown	2.25	-0.03	+2.28
Martin ratio: Return relative to average drawdown	8.61	-0.07	+8.68

BKMC vs. KMID - Sharpe Ratio Comparison

The current BKMC Sharpe Ratio is 1.43, which is higher than the KMID Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of BKMC and KMID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BKMC vs. KMID - Drawdown Comparison

The maximum BKMC drawdown since its inception was -25.02%, which is greater than KMID's maximum drawdown of -18.89%. Use the drawdown chart below to compare losses from any high point for BKMC and KMID.

Drawdown Indicators

	BKMC	KMID	Difference
Max Drawdown Largest peak-to-trough decline	-25.02%	-18.89%	-6.13%
Max Drawdown (1Y) Largest decline over 1 year	-9.82%	-10.71%	+0.89%
Max Drawdown (3Y) Largest decline over 3 years	-23.68%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.02%	—	—
Current Drawdown Current decline from peak	-1.30%	-6.21%	+4.91%
Average Drawdown Average peak-to-trough decline	-6.50%	-5.74%	-0.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	4.36%	-1.80%

Volatility

BKMC vs. KMID - Volatility Comparison

The current volatility for BNY Mellon US Mid Cap Core Equity ETF (BKMC) is 4.66%, while Virtus KAR Mid-Cap ETF (KMID) has a volatility of 5.05%. This indicates that BKMC experiences smaller price fluctuations and is considered to be less risky than KMID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKMC	KMID	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.66%	5.05%	-0.39%
Volatility (6M) Calculated over the trailing 6-month period	11.45%	11.71%	-0.26%
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	14.88%	+0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.84%	16.99%	+1.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.15%	16.99%	+2.16%

BKMC vs. KMID - Expense Ratio Comparison

BKMC has a 0.04% expense ratio, which is lower than KMID's 0.80% expense ratio.

Dividends

BKMC vs. KMID - Dividend Comparison

BKMC's dividend yield for the trailing twelve months is around 1.38%, more than KMID's 0.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKMC BNY Mellon US Mid Cap Core Equity ETF	1.38%	1.35%	1.54%	1.38%	1.63%	1.15%	0.86%
KMID Virtus KAR Mid-Cap ETF	0.12%	0.06%	0.05%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BKMC and KMID in my portfolio?

BKMC and KMID have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKMC or KMID?

KMID has higher volatility (5.05%) compared to BKMC (4.66%). In terms of maximum drawdown, BKMC dropped -25.02% vs KMID's -18.89%.

Which ETF is better, BKMC or KMID?

On 1-year performance, BKMC leads with 21.96% vs -0.30% for KMID. On fees, BKMC is cheaper at 0.04% per year. On volatility, BKMC has been the lower-risk option at 4.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKMC or KMID?

Over the 1-year period, BKMC has performed better with a 21.96% return vs -0.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKMC or KMID?

BKMC is cheaper with a 0.04% expense ratio, compared with 0.80% for KMID.

Which ETF pays a higher dividend yield, BKMC or KMID?

BKMC has the higher dividend yield at 1.38%, compared with 0.12% for KMID.

What is the main difference between BKMC and KMID?

They also come from different issuers: BNY Mellon and Virtus. Their fees differ too: 0.04% for BKMC and 0.80% for KMID.

Which has better risk-adjusted returns?

BKMC currently has the higher Sharpe Ratio (1.43 vs -0.02), 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.