BKMS vs. UPGR
BKMS (BNY Mellon Municipal Short Duration ETF) and UPGR (Xtrackers US Green Infrastructure Select Equity ETF) are both exchange-traded funds - BKMS is a Municipal Bonds fund actively managed by BNY Mellon, while UPGR is a Infrastructure Equities fund tracking the Solactive United States Green Infrastructure ESG Screened Index - Benchmark TR Gross. BKMS is actively managed, while UPGR is passively managed. Their 0.05 correlation means their historical movements had little consistent relationship. Both charge a 0.35% expense ratio.
Performance
BKMS vs. UPGR - Performance Comparison
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Returns By Period
BKMS
- 1D
- 0.10%
- 1M
- -0.03%
- 6M
- 0.41%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
UPGR
- 1D
- 3.03%
- 1M
- -4.79%
- 6M
- -5.49%
- YTD
- 6.01%
- 1Y
- 34.56%
- 3Y*
- 3.09%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $790.45K | $878.97K | $1.09M | |
| $7.23K | $13.22K | $34.60K |
BKMS vs. UPGR - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BKMS BNY Mellon Municipal Short Duration ETF | 0.77% |
UPGR Xtrackers US Green Infrastructure Select Equity ETF | -0.65% |
Correlation
The correlation between BKMS and UPGR is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 12, 2026 | 0.05 |
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Return for Risk
BKMS vs. UPGR — Risk / Return Rank
BKMS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
UPGR
BKMS vs. UPGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Municipal Short Duration ETF (BKMS) and Xtrackers US Green Infrastructure Select Equity ETF (UPGR). 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 | UPGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.18 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.53 | — |
| Martin ratioReturn relative to average drawdown | — | 4.01 | — |
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Drawdowns
BKMS vs. UPGR - Drawdown Comparison
The maximum BKMS drawdown since its inception was -0.87%, smaller than the maximum UPGR drawdown of -46.60%. Use the drawdown chart below to compare losses from any high point for BKMS and UPGR.
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Drawdown Indicators
| BKMS | UPGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.87% | -46.60% | +45.73% |
Max Drawdown (1Y)Largest decline over 1 year | — | -22.71% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -42.58% | — |
Current DrawdownCurrent decline from peak | -0.17% | -15.37% | +15.20% |
Average DrawdownAverage peak-to-trough decline | -0.25% | -20.10% | +19.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.64% | — |
Volatility
BKMS vs. UPGR - Volatility Comparison
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Volatility by Period
| BKMS | UPGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.06% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 24.39% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.30% | 33.05% | -31.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.30% | 31.12% | -29.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.30% | 31.12% | -29.82% |
BKMS vs. UPGR - Expense Ratio Comparison
Both BKMS and UPGR have an expense ratio of 0.35%.
Dividends
BKMS vs. UPGR - Dividend Comparison
BKMS's dividend yield for the trailing twelve months is around 1.67%, more than UPGR's 0.30% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BKMS BNY Mellon Municipal Short Duration ETF | 1.67% | 0.00% | 0.00% | 0.00% |
UPGR Xtrackers US Green Infrastructure Select Equity ETF | 0.30% | 0.39% | 1.16% | 0.32% |
Frequently Asked Questions
BKMS and UPGR have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
BKMS and UPGR have the same expense ratio: 0.35% per year.
BKMS has the higher dividend yield at 1.67%, compared with 0.30% for UPGR.
BKMS is categorized as Municipal Bonds, while UPGR is Infrastructure Equities. They also come from different issuers: BNY Mellon and Xtrackers.
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