BKSE vs. BCPL

Last updated Jun 4, 2026

BKSE (BNY Mellon US Small Cap Core Equity ETF) and BCPL (BNY Mellon Core Plus ETF) are both exchange-traded funds - BKSE is a Small Cap Growth Equities fund tracking the Morningstar US Small Cap Index, while BCPL is a Intermediate Core-Plus Bond fund actively managed by BNY Mellon. BKSE is passively managed, while BCPL is actively managed. At a 0.48 correlation, their price movements are largely independent. BKSE charges 0.04%/yr vs 0.40%/yr for BCPL.

Performance

BKSE vs. BCPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon US Small Cap Core Equity ETF (BKSE) and BNY Mellon Core Plus ETF (BCPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BKSE

• 1D: -1.11%
• 1M: 2.60%
• YTD: 13.03%
• 6M: 12.11%
• 1Y: 32.65%
• 3Y*: 17.40%
• 5Y*: 6.89%
• 10Y*: —

BCPL

• 1D: -0.08%
• 1M: 0.38%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BKSE vs. BCPL - Yearly Performance Comparison

	2026 (YTD)
BKSE BNY Mellon US Small Cap Core Equity ETF	6.95%
BCPL BNY Mellon Core Plus ETF	0.55%

Correlation

The correlation between BKSE and BCPL is 0.48, 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	0.48

Return for Risk

BKSE vs. BCPL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKSE

BKSE Risk / Return Rank: 60
BKSE Sharpe Ratio Rank: 54
BKSE Sortino Ratio Rank: 57
BKSE Omega Ratio Rank: 50
BKSE Calmar Ratio Rank: 70
BKSE Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKSE vs. BCPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Small Cap Core Equity ETF (BKSE) and BNY Mellon Core Plus ETF (BCPL). 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.

	BKSE	BCPL	Difference
Sharpe ratio: Return per unit of total volatility	1.87	—	—
Sortino ratio: Return per unit of downside risk	2.71	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	3.49	—	—
Martin ratio: Return relative to average drawdown	12.15	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BKSE	BCPL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.36	+0.38

Drawdowns

BKSE vs. BCPL - Drawdown Comparison

The maximum BKSE drawdown since its inception was -29.08%, which is greater than BCPL's maximum drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for BKSE and BCPL.

Drawdown Indicators

	BKSE	BCPL	Difference
Max Drawdown Largest peak-to-trough decline	-29.08%	-2.95%	-26.13%
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 Drawdown Current decline from peak	-1.11%	-1.12%	+0.01%
Average Drawdown Average peak-to-trough decline	-9.06%	-1.05%	-8.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	—	—

Volatility

Volatility by Period

	BKSE	BCPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.63%	4.04%	+13.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.43%	4.04%	+17.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.30%	4.04%	+18.26%

BKSE vs. BCPL - Expense Ratio Comparison

BKSE has a 0.04% expense ratio, which is lower than BCPL's 0.40% expense ratio.

Dividends

BKSE vs. BCPL - Dividend Comparison

BKSE's dividend yield for the trailing twelve months is around 1.16%, less than BCPL's 1.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BCPL BNY Mellon Core Plus ETF	1.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BKSE BNY Mellon US Small Cap Core Equity ETF	1.16%	1.26%	1.55%	1.38%	1.50%	1.17%	0.82%

Frequently Asked Questions

Can I hold both BKSE and BCPL in my portfolio?

BKSE and BCPL have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BKSE or BCPL?

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.

Which ETF is cheaper, BKSE or BCPL?

BKSE is cheaper with a 0.04% expense ratio, compared with 0.40% for BCPL.

Which ETF pays a higher dividend yield, BKSE or BCPL?

BCPL has the higher dividend yield at 1.57%, compared with 1.16% for BKSE.

What is the main difference between BKSE and BCPL?

BKSE is categorized as Small Cap Growth Equities, while BCPL is Intermediate Core-Plus Bond. Their fees differ too: 0.04% for BKSE and 0.40% for BCPL.