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 Energy Equities fund tracking the Solactive United States Green Infrastructure ESG Screened Index - Benchmark TR Gross. BKMS is actively managed, while UPGR is passively managed. At a 0.01 correlation, their price movements are largely independent. Both charge a 0.35% expense ratio.
Performance
BKMS vs. UPGR - Performance Comparison
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Returns By Period
BKMS
- 1D
- 0.02%
- 1M
- 0.06%
- 6M
- 0.77%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UPGR
- 1D
- 0.62%
- 1M
- -4.54%
- 6M
- -0.75%
- YTD
- 6.84%
- 1Y
- 32.03%
- 3Y*
- 2.15%
- 5Y*
- —
- 10Y*
- —
BKMS vs. UPGR - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BKMS BNY Mellon Municipal Short Duration ETF | 0.81% |
UPGR Xtrackers US Green Infrastructure Select Equity ETF | 0.13% |
Correlation
The correlation between BKMS and UPGR is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 12, 2026 | 0.01 |
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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 | — | 1.90 | — |
| Martin ratioReturn relative to average drawdown | — | 4.17 | — |
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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 | — | -16.90% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -46.60% | — |
Current DrawdownCurrent decline from peak | -0.12% | -14.70% | +14.58% |
Average DrawdownAverage peak-to-trough decline | -0.24% | -20.14% | +19.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.70% | — |
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 | — | 10.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 23.22% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.25% | 32.43% | -31.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.25% | 30.98% | -29.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.25% | 30.98% | -29.73% |
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 1.36%, more than UPGR's 0.30% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BKMS BNY Mellon Municipal Short Duration ETF | 1.36% | 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 0.01, 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 1.36%, compared with 0.30% for UPGR.
BKMS is categorized as Municipal Bonds, while UPGR is Energy Equities. They also come from different issuers: BNY Mellon and Xtrackers.
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