BKMS vs. BKSE
BKMS (BNY Mellon Municipal Short Duration ETF) and BKSE (BNY Mellon US Small Cap Core Equity ETF) are both exchange-traded funds - BKMS is a Municipal Bonds fund actively managed by BNY Mellon, while BKSE is a Small Cap Growth Equities fund tracking the Morningstar US Small Cap Index. BKMS is actively managed, while BKSE is passively managed. At a 0.12 correlation, their price movements are largely independent. BKMS charges 0.35%/yr vs 0.04%/yr for BKSE.
Performance
BKMS vs. BKSE - Performance Comparison
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Returns By Period
BKMS
- 1D
- 0.02%
- 1M
- 0.06%
- 6M
- 0.77%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BKSE
- 1D
- 0.49%
- 1M
- 2.39%
- 6M
- 12.35%
- YTD
- 19.11%
- 1Y
- 33.82%
- 3Y*
- 16.75%
- 5Y*
- 9.29%
- 10Y*
- —
BKMS vs. BKSE - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BKMS BNY Mellon Municipal Short Duration ETF | 0.81% |
BKSE BNY Mellon US Small Cap Core Equity ETF | 12.67% |
Correlation
The correlation between BKMS and BKSE is 0.12, 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 12, 2026 | 0.12 |
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Return for Risk
BKMS vs. BKSE — Risk / Return Rank
BKMS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BKSE
BKMS vs. BKSE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Municipal Short Duration ETF (BKMS) and BNY Mellon US Small Cap Core Equity ETF (BKSE). 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.
| BKMS | BKSE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.33 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.61 | — |
| Martin ratioReturn relative to average drawdown | — | 12.68 | — |
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Drawdowns
BKMS vs. BKSE - Drawdown Comparison
The maximum BKMS drawdown since its inception was -0.87%, smaller than the maximum BKSE drawdown of -29.08%. Use the drawdown chart below to compare losses from any high point for BKMS and BKSE.
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Drawdown Indicators
| BKMS | BKSE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.87% | -29.08% | +28.21% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.40% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.76% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.08% | — |
Current DrawdownCurrent decline from peak | -0.12% | -0.63% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -0.24% | -8.91% | +8.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.67% | — |
Volatility
BKMS vs. BKSE - Volatility Comparison
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Volatility by Period
| BKMS | BKSE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.53% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.25% | 17.58% | -16.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.25% | 21.42% | -20.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.25% | 22.19% | -20.94% |
BKMS vs. BKSE - Expense Ratio Comparison
BKMS has a 0.35% expense ratio, which is higher than BKSE's 0.04% expense ratio.
Dividends
BKMS vs. BKSE - Dividend Comparison
BKMS's dividend yield for the trailing twelve months is around 1.36%, more than BKSE's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BKMS BNY Mellon Municipal Short Duration ETF | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BKSE BNY Mellon US Small Cap Core Equity ETF | 1.20% | 1.26% | 1.55% | 1.38% | 1.50% | 1.17% | 0.82% |
Frequently Asked Questions
BKMS and BKSE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BKSE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BKSE is cheaper with a 0.04% expense ratio, compared with 0.35% for BKMS.
BKMS has the higher dividend yield at 1.36%, compared with 1.20% for BKSE.
BKMS is categorized as Municipal Bonds, while BKSE is Small Cap Growth Equities. Their fees differ too: 0.35% for BKMS and 0.04% for BKSE.
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