BKMC vs. QMID

Last updated Aug 2, 2026

BKMC (BNY Mellon US Mid Cap Core Equity ETF) and QMID (WisdomTree U.S. MidCap Quality Growth Fund) are both exchange-traded funds - BKMC is a Mid Cap Growth Equities fund tracking the Morningstar US Mid Cap Index, while QMID is a Quality Factor fund tracking the WisdomTree U.S. MidCap Quality Growth Index. Both are passively managed. Over the past year, BKMC returned 19.28% vs 10.41% for QMID. Their correlation of 0.94 means they have usually moved in the same direction. BKMC charges 0.04%/yr vs 0.38%/yr for QMID.

Performance

BKMC vs. QMID - 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 WisdomTree U.S. MidCap Quality Growth Fund (QMID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKMC achieves a 11.65% return, which is significantly higher than QMID's 5.39% return.

BKMC

• 1D: -0.11%
• 1M: -1.34%
• 6M: 6.36%
• YTD: 11.65%
• 1Y: 19.28%
• 3Y*: 13.19%
• 5Y*: 7.66%
• 10Y*: —
• ALL TIME*: 15.39%

QMID

• 1D: -0.40%
• 1M: 0.96%
• 6M: 4.68%
• YTD: 5.39%
• 1Y: 10.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.76%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BKMC BNY Mellon US Mid Cap Core Equity ETF	$1.12M	$1.07M	$1.01M
QMID WisdomTree U.S. MidCap Quality Growth Fund	$4.39K	$13.06K	$31.63K

BKMC vs. QMID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BKMC BNY Mellon US Mid Cap Core Equity ETF	11.65%	8.74%	15.51%
QMID WisdomTree U.S. MidCap Quality Growth Fund	5.39%	5.02%	9.01%

Correlation

The correlation between BKMC and QMID is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (All Time) Calculated using the full available price history since Jan 25, 2024	0.94

The correlation between BKMC and QMID has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

BKMC vs. QMID - Sectors Allocation Comparison

Sectors	BKMC	QMID
Industrials	23.2%	19.9%
Technology	16.1%	17.2%
Financial Services	12.8%	13.2%
Healthcare	12.3%	17.9%
Consumer Cyclical	10.3%	19.3%
Real Estate	8.3%	-
Basic Materials	4.5%	0.6%
Consumer Defensive	3.8%	4.4%
Communication Services	3.3%	4.6%
Energy	3.1%	3.0%
Utilities	2.3%	-

Return for Risk

BKMC vs. QMID — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BKMC

BKMC Risk / Return Rank: 49
BKMC Sharpe Ratio Rank: 47
BKMC Sortino Ratio Rank: 48
BKMC Omega Ratio Rank: 44
BKMC Calmar Ratio Rank: 50
BKMC Martin Ratio Rank: 57

QMID

QMID Risk / Return Rank: 26
QMID Sharpe Ratio Rank: 25
QMID Sortino Ratio Rank: 26
QMID Omega Ratio Rank: 23
QMID Calmar Ratio Rank: 26
QMID Martin Ratio Rank: 31

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BKMC vs. QMID - 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 WisdomTree U.S. MidCap Quality Growth Fund (QMID). 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	QMID	Difference
Sharpe ratio: Return per unit of total volatility	1.15	0.58	+0.57
Sortino ratio: Return per unit of downside risk	1.74	0.95	+0.78
Omega ratio: Gain probability vs. loss probability	1.21	1.11	+0.10
Calmar ratio: Return relative to maximum drawdown	1.80	0.82	+0.98
Martin ratio: Return relative to average drawdown	6.81	2.77	+4.04

BKMC vs. QMID - Sharpe Ratio Comparison

The current BKMC Sharpe Ratio is 1.15, which is higher than the QMID Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of BKMC and QMID, 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. QMID - Drawdown Comparison

The maximum BKMC drawdown since its inception was -25.02%, roughly equal to the maximum QMID drawdown of -24.42%. Use the drawdown chart below to compare losses from any high point for BKMC and QMID.

Drawdown Indicators

	BKMC	QMID	Difference
Max Drawdown Largest peak-to-trough decline	-25.02%	-24.42%	-0.60%
Max Drawdown (1Y) Largest decline over 1 year	-9.82%	-10.67%	+0.85%
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	-2.30%	-1.34%	-0.96%
Average Drawdown Average peak-to-trough decline	-6.42%	-5.22%	-1.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	3.15%	-0.56%

Volatility

BKMC vs. QMID - Volatility Comparison

The current volatility for BNY Mellon US Mid Cap Core Equity ETF (BKMC) is 3.36%, while WisdomTree U.S. MidCap Quality Growth Fund (QMID) has a volatility of 3.78%. This indicates that BKMC experiences smaller price fluctuations and is considered to be less risky than QMID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKMC	QMID	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.36%	3.78%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	11.16%	10.87%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	15.38%	15.17%	+0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.80%	18.23%	+0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.04%	18.23%	+0.81%

BKMC vs. QMID - Expense Ratio Comparison

BKMC has a 0.04% expense ratio, which is lower than QMID's 0.38% expense ratio.

Dividends

BKMC vs. QMID - Dividend Comparison

BKMC's dividend yield for the trailing twelve months is around 1.42%, more than QMID's 0.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKMC BNY Mellon US Mid Cap Core Equity ETF	1.42%	1.35%	1.54%	1.38%	1.63%	1.15%	0.86%
QMID WisdomTree U.S. MidCap Quality Growth Fund	0.49%	0.51%	1.16%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BKMC and QMID in my portfolio?

BKMC and QMID have a correlation of 0.90, 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 QMID?

QMID has higher volatility (3.78%) compared to BKMC (3.36%). In terms of maximum drawdown, BKMC dropped -25.02% vs QMID's -24.42%.

Which ETF is better, BKMC or QMID?

On 1-year performance, BKMC leads with 19.28% vs 10.41% for QMID. On fees, BKMC is cheaper at 0.04% per year. On volatility, BKMC has been the lower-risk option at 3.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKMC or QMID?

Over the 1-year period, BKMC has performed better with a 19.28% return vs 10.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKMC or QMID?

BKMC is cheaper with a 0.04% expense ratio, compared with 0.38% for QMID.

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

BKMC has the higher dividend yield at 1.42%, compared with 0.49% for QMID.

What is the main difference between BKMC and QMID?

BKMC is categorized as Mid Cap Growth Equities, while QMID is Quality Factor. BKMC tracks Morningstar US Mid Cap Index, while QMID tracks WisdomTree U.S. MidCap Quality Growth Index. They also come from different issuers: BNY Mellon and WisdomTree. Their fees differ too: 0.04% for BKMC and 0.38% for QMID.

Which has better risk-adjusted returns?

BKMC currently has the higher Sharpe Ratio (1.15 vs 0.58), 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.