BKMI vs. RTAI
BKMI (BNY Mellon Municipal Intermediate ETF) and RTAI (Rareview Tax Advantaged Income ETF) are both Municipal Bonds funds. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. BKMI charges 0.35%/yr vs 3.78%/yr for RTAI.
Performance
BKMI vs. RTAI - Performance Comparison
Loading charts...
Returns By Period
BKMI
- 1D
- -0.06%
- 1M
- 0.49%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RTAI
- 1D
- -0.33%
- 1M
- 1.63%
- YTD
- 2.45%
- 6M
- 2.47%
- 1Y
- 10.41%
- 3Y*
- 7.25%
- 5Y*
- -0.79%
- 10Y*
- —
BKMI vs. RTAI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BKMI BNY Mellon Municipal Intermediate ETF | 0.26% |
RTAI Rareview Tax Advantaged Income ETF | 1.12% |
Correlation
The correlation between BKMI and RTAI is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026 | 0.46 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BKMI vs. RTAI — Risk / Return Rank
BKMI
RTAI
BKMI vs. RTAI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Municipal Intermediate ETF (BKMI) and Rareview Tax Advantaged Income ETF (RTAI). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| BKMI | RTAI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.58 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.17 | +0.06 |
Drawdowns
BKMI vs. RTAI - Drawdown Comparison
The maximum BKMI drawdown since its inception was -2.99%, smaller than the maximum RTAI drawdown of -34.32%. Use the drawdown chart below to compare losses from any high point for BKMI and RTAI.
Loading charts...
Drawdown Indicators
| BKMI | RTAI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.99% | -34.32% | +31.33% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.18% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.32% | — |
Current DrawdownCurrent decline from peak | -1.23% | -7.64% | +6.41% |
Average DrawdownAverage peak-to-trough decline | -1.17% | -13.83% | +12.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.51% | — |
Volatility
BKMI vs. RTAI - Volatility Comparison
Loading charts...
Volatility by Period
| BKMI | RTAI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.77% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.36% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.88% | 6.62% | -3.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.88% | 9.34% | -6.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.88% | 9.05% | -6.17% |
BKMI vs. RTAI - Expense Ratio Comparison
BKMI has a 0.35% expense ratio, which is lower than RTAI's 3.78% expense ratio.
Dividends
BKMI vs. RTAI - Dividend Comparison
BKMI's dividend yield for the trailing twelve months is around 0.98%, less than RTAI's 5.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BKMI BNY Mellon Municipal Intermediate ETF | 0.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RTAI Rareview Tax Advantaged Income ETF | 5.05% | 5.66% | 5.02% | 3.07% | 3.71% | 4.73% | 0.48% |
Frequently Asked Questions
BKMI and RTAI have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BKMI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BKMI is cheaper with a 0.35% expense ratio, compared with 3.78% for RTAI.
RTAI has the higher dividend yield at 5.05%, compared with 0.98% for BKMI.
They also come from different issuers: BNY Mellon and Rareview Funds. Their fees differ too: 0.35% for BKMI and 3.78% for RTAI.
Find the right allocation for BKMI and RTAI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer