BKMC vs. QQJG

Last updated Jun 3, 2026

BKMC (BNY Mellon US Mid Cap Core Equity ETF) and QQJG (Invesco ESG NASDAQ Next Gen 100 ETF) are both Mid Cap Growth Equities funds - BKMC tracks the Morningstar US Mid Cap Index while QQJG tracks the Nasdaq Next Generation 100 ESG Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, BKMC returned 16.22%/yr vs 14.09%/yr for QQJG. Their correlation of 0.87 suggests significant overlap in exposure. BKMC charges 0.04%/yr vs 0.20%/yr for QQJG.

Performance

BKMC vs. QQJG - 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 Invesco ESG NASDAQ Next Gen 100 ETF (QQJG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKMC achieves a 11.69% return, which is significantly higher than QQJG's 1.44% return.

BKMC

• 1D: 0.40%
• 1M: 3.22%
• YTD: 11.69%
• 6M: 12.55%
• 1Y: 24.74%
• 3Y*: 16.22%
• 5Y*: 8.06%
• 10Y*: —

QQJG

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.44%
• 6M: 2.64%
• 1Y: 20.44%
• 3Y*: 14.09%
• 5Y*: —
• 10Y*: —

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

BKMC vs. QQJG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BKMC BNY Mellon US Mid Cap Core Equity ETF	11.69%	8.74%	13.78%	17.50%	-16.03%	2.39%
QQJG Invesco ESG NASDAQ Next Gen 100 ETF	1.44%	18.05%	14.67%	17.20%	-27.69%	0.91%

Correlation

The correlation between BKMC and QQJG is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021	0.87

The correlation between BKMC and QQJG shifts across timeframes, from 0.68 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

BKMC vs. QQJG - Sectors Allocation Comparison

Sectors	BKMC	QQJG
Industrials	22.9%	6.4%
Technology	16.2%	44.5%
Financial Services	12.4%	0.1%
Healthcare	11.4%	18.2%
Consumer Cyclical	9.1%	14.3%
Real Estate	7.6%	-
Basic Materials	4.6%	2.5%
Consumer Defensive	4.3%	3.4%
Communication Services	3.5%	6.2%
Energy	3.3%	1.6%
Utilities	2.4%	-

Return for Risk

BKMC vs. QQJG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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: 55

QQJG

QQJG Risk / Return Rank: 47
QQJG Sharpe Ratio Rank: 41
QQJG Sortino Ratio Rank: 41
QQJG Omega Ratio Rank: 48
QQJG Calmar Ratio Rank: 51
QQJG Martin Ratio Rank: 54

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. QQJG - 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 Invesco ESG NASDAQ Next Gen 100 ETF (QQJG). 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.

	BKMC	QQJG	Difference
Sharpe ratio Return per unit of total volatility	1.64	1.47	+0.17
Sortino ratio Return per unit of downside risk	2.40	2.11	+0.30
Omega ratio Gain probability vs. loss probability	1.29	1.31	-0.02
Calmar ratio Return relative to maximum drawdown	2.52	2.58	-0.06
Martin ratio Return relative to average drawdown	9.72	9.55	+0.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKMC vs. QQJG - Sharpe Ratio Comparison

The current BKMC Sharpe Ratio is 1.64, which is comparable to the QQJG Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of BKMC and QQJG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BKMC	QQJG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	1.47	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.17	+0.66

Drawdowns

BKMC vs. QQJG - Drawdown Comparison

The maximum BKMC drawdown since its inception was -25.02%, smaller than the maximum QQJG drawdown of -36.76%. Use the drawdown chart below to compare losses from any high point for BKMC and QQJG.

Drawdown Indicators

	BKMC	QQJG	Difference
Max Drawdown Largest peak-to-trough decline	-25.02%	-36.76%	+11.74%
Max Drawdown (1Y) Largest decline over 1 year	-9.82%	-7.93%	-1.89%
Max Drawdown (3Y) Largest decline over 3 years	-23.68%	-23.48%	-0.20%
Max Drawdown (5Y) Largest decline over 5 years	-25.02%	—	—
Current Drawdown Current decline from peak	0.00%	-2.09%	+2.09%
Average Drawdown Average peak-to-trough decline	-6.55%	-15.33%	+8.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	2.14%	+0.41%

Volatility

BKMC vs. QQJG - Volatility Comparison

BNY Mellon US Mid Cap Core Equity ETF (BKMC) has a higher volatility of 4.20% compared to Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) at 0.00%. This indicates that BKMC's price experiences larger fluctuations and is considered to be riskier than QQJG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKMC	QQJG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	0.00%	+4.20%
Volatility (6M) Calculated over the trailing 6-month period	10.97%	8.36%	+2.61%
Volatility (1Y) Calculated over the trailing 1-year period	15.12%	14.06%	+1.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.77%	21.71%	-2.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.16%	21.71%	-2.55%

BKMC vs. QQJG - Expense Ratio Comparison

BKMC has a 0.04% expense ratio, which is lower than QQJG's 0.20% 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%.

Dividends

BKMC vs. QQJG - Dividend Comparison

BKMC's dividend yield for the trailing twelve months is around 1.38%, less than QQJG's 13.86% 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%
QQJG Invesco ESG NASDAQ Next Gen 100 ETF	13.86%	0.68%	0.65%	0.54%	0.70%	0.08%	0.00%

Frequently Asked Questions

Can I hold both BKMC and QQJG in my portfolio?

BKMC and QQJG have a correlation of 0.68, 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 QQJG?

BKMC has higher volatility (4.20%) compared to QQJG (0.00%). In terms of maximum drawdown, BKMC dropped -25.02% vs QQJG's -36.76%.

Which ETF is better, BKMC or QQJG?

On 3-year performance, BKMC leads with 16.22% vs 14.09% for QQJG. On fees, BKMC is cheaper at 0.04% per year. On volatility, QQJG has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKMC or QQJG?

Over the 3-year period, BKMC has performed better with a 16.22% return vs 14.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKMC or QQJG?

BKMC is cheaper with a 0.04% expense ratio, compared with 0.20% for QQJG.

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

QQJG has the higher dividend yield at 13.86%, compared with 1.38% for BKMC.

What is the main difference between BKMC and QQJG?

BKMC tracks Morningstar US Mid Cap Index, while QQJG tracks Nasdaq Next Generation 100 ESG Index - Benchmark TR Gross. They also come from different issuers: BNY Mellon and Invesco. Their fees differ too: 0.04% for BKMC and 0.20% for QQJG.

Which has better risk-adjusted returns?

BKMC currently has the higher Sharpe Ratio (1.64 vs 1.47), 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.