BKMS vs. XLEI
BKMS (BNY Mellon Municipal Short Duration ETF) and XLEI (State Street Energy Select Sector SPDR Premium Income ETF) are both exchange-traded funds - BKMS is a Municipal Bonds fund actively managed by BNY Mellon, while XLEI is a Energy Equities fund tracking the S&P Energy Select Sector. BKMS is actively managed, while XLEI is passively managed. Their -0.28 correlation means they have often moved in opposite directions in the past. Both charge a 0.35% expense ratio.
Performance
BKMS vs. XLEI - 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*
- —
XLEI
- 1D
- 0.04%
- 1M
- 9.73%
- 6M
- 14.00%
- YTD
- 23.25%
- 1Y
- 34.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 30.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $790.45K | $878.97K | $1.09M | |
| $1.75M | $1.47M | $1.31M |
BKMS vs. XLEI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BKMS BNY Mellon Municipal Short Duration ETF | 0.77% |
XLEI State Street Energy Select Sector SPDR Premium Income ETF | 20.42% |
Correlation
The correlation between BKMS and XLEI is -0.28, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 12, 2026 | -0.28 |
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Return for Risk
BKMS vs. XLEI — Risk / Return Rank
BKMS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLEI
BKMS vs. XLEI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Municipal Short Duration ETF (BKMS) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). 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 | XLEI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.18 | — |
| Martin ratioReturn relative to average drawdown | — | 12.58 | — |
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Drawdowns
BKMS vs. XLEI - Drawdown Comparison
The maximum BKMS drawdown since its inception was -0.87%, smaller than the maximum XLEI drawdown of -8.19%. Use the drawdown chart below to compare losses from any high point for BKMS and XLEI.
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Drawdown Indicators
| BKMS | XLEI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.87% | -8.19% | +7.32% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.19% | — |
Current DrawdownCurrent decline from peak | -0.17% | -1.05% | +0.88% |
Average DrawdownAverage peak-to-trough decline | -0.25% | -1.83% | +1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.72% | — |
Volatility
BKMS vs. XLEI - Volatility Comparison
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Volatility by Period
| BKMS | XLEI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.29% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.30% | 14.00% | -12.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.30% | 14.02% | -12.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.30% | 14.02% | -12.72% |
BKMS vs. XLEI - Expense Ratio Comparison
Both BKMS and XLEI have an expense ratio of 0.35%.
Dividends
BKMS vs. XLEI - Dividend Comparison
BKMS's dividend yield for the trailing twelve months is around 1.67%, less than XLEI's 20.28% yield.
| Position | TTM | 2025 |
|---|---|---|
BKMS BNY Mellon Municipal Short Duration ETF | 1.67% | 0.00% |
XLEI State Street Energy Select Sector SPDR Premium Income ETF | 20.28% | 10.17% |
Frequently Asked Questions
BKMS and XLEI have a correlation of -0.28, 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 XLEI have the same expense ratio: 0.35% per year.
XLEI has the higher dividend yield at 20.28%, compared with 1.67% for BKMS.
BKMS is categorized as Municipal Bonds, while XLEI is Energy Equities. They also come from different issuers: BNY Mellon and State Street.
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