BKSE vs. BKCI

Last updated Aug 4, 2026

BKSE (BNY Mellon US Small Cap Core Equity ETF) and BKCI (BNY Mellon Concentrated International ETF) are both exchange-traded funds - BKSE is a Small Cap Growth Equities fund tracking the Morningstar US Small Cap Index, while BKCI is a Foreign Large Cap Equities fund actively managed by BNY Mellon. BKSE is passively managed, while BKCI is actively managed. Over the past 3 years, BKSE returned 16.98%/yr vs 6.03%/yr for BKCI. Their 0.70 correlation means they have sometimes moved together and sometimes differently. BKSE charges 0.04%/yr vs 0.80%/yr for BKCI.

Performance

BKSE vs. BKCI - 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 Concentrated International ETF (BKCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKSE achieves a 20.27% return, which is significantly higher than BKCI's 4.65% return.

BKSE

• 1D: 1.78%
• 1M: 1.08%
• 6M: 13.72%
• YTD: 20.27%
• 1Y: 37.25%
• 3Y*: 16.98%
• 5Y*: 9.11%
• 10Y*: —
• ALL TIME*: 16.75%

BKCI

• 1D: 0.75%
• 1M: -0.02%
• 6M: 2.02%
• YTD: 4.65%
• 1Y: 10.75%
• 3Y*: 6.03%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.68%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BKCI BNY Mellon Concentrated International ETF	$307.88K	$335.15K	$368.96K
BKSE BNY Mellon US Small Cap Core Equity ETF	$343.03K	$235.90K	$242.30K

BKSE vs. BKCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BKSE BNY Mellon US Small Cap Core Equity ETF	20.27%	13.09%	9.56%	22.37%	-18.44%	0.65%
BKCI BNY Mellon Concentrated International ETF	4.65%	9.94%	-2.44%	20.27%	-20.26%	0.38%

Correlation

The correlation between BKSE and BKCI is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (3Y) Balances recent behavior with more history.	0.67
Correlation (All Time) Calculated using the full available price history since Dec 8, 2021	0.70

The correlation between BKSE and BKCI has been stable across timeframes, ranging from 0.67 to 0.70 - a consistent structural relationship.

BKSE vs. BKCI - Sectors Allocation Comparison

Sectors	BKSE	BKCI
Financial Services	16.4%	4.4%
Technology	16.0%	26.2%
Industrials	14.9%	9.8%
Healthcare	14.2%	20.3%
Consumer Cyclical	13.5%	14.8%
Real Estate	7.2%	2.9%
Energy	5.9%	4.4%
Basic Materials	4.3%	11.3%
Utilities	3.1%	-
Consumer Defensive	2.6%	3.5%
Communication Services	2.0%	2.3%

Return for Risk

BKSE vs. BKCI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BKSE

BKSE Risk / Return Rank: 87
BKSE Sharpe Ratio Rank: 86
BKSE Sortino Ratio Rank: 88
BKSE Omega Ratio Rank: 82
BKSE Calmar Ratio Rank: 90
BKSE Martin Ratio Rank: 89

BKCI

BKCI Risk / Return Rank: 30
BKCI Sharpe Ratio Rank: 30
BKCI Sortino Ratio Rank: 29
BKCI Omega Ratio Rank: 27
BKCI Calmar Ratio Rank: 29
BKCI Martin Ratio Rank: 33

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BKSE vs. BKCI - 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 Concentrated International ETF (BKCI). 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.

	BKSE	BKCI	Difference
Sharpe ratio: Return per unit of total volatility	2.16	0.75	+1.41
Sortino ratio: Return per unit of downside risk	3.11	1.13	+1.98
Omega ratio: Gain probability vs. loss probability	1.37	1.13	+0.23
Calmar ratio: Return relative to maximum drawdown	3.98	0.96	+3.02
Martin ratio: Return relative to average drawdown	14.29	3.27	+11.02

BKSE vs. BKCI - Sharpe Ratio Comparison

The current BKSE Sharpe Ratio is 2.16, which is higher than the BKCI Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of BKSE and BKCI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BKSE vs. BKCI - Drawdown Comparison

The maximum BKSE drawdown since its inception was -29.08%, smaller than the maximum BKCI drawdown of -31.03%. Use the drawdown chart below to compare losses from any high point for BKSE and BKCI.

Drawdown Indicators

	BKSE	BKCI	Difference
Max Drawdown Largest peak-to-trough decline	-29.08%	-31.03%	+1.95%
Max Drawdown (1Y) Largest decline over 1 year	-9.40%	-11.30%	+1.90%
Max Drawdown (3Y) Largest decline over 3 years	-26.76%	-20.02%	-6.74%
Max Drawdown (5Y) Largest decline over 5 years	-29.08%	—	—
Current Drawdown Current decline from peak	0.00%	-0.58%	+0.58%
Average Drawdown Average peak-to-trough decline	-8.85%	-9.12%	+0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	3.29%	-0.68%

Volatility

BKSE vs. BKCI - Volatility Comparison

BNY Mellon US Small Cap Core Equity ETF (BKSE) has a higher volatility of 3.80% compared to BNY Mellon Concentrated International ETF (BKCI) at 3.52%. This indicates that BKSE's price experiences larger fluctuations and is considered to be riskier than BKCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKSE	BKCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	3.52%	+0.28%
Volatility (6M) Calculated over the trailing 6-month period	11.99%	11.67%	+0.32%
Volatility (1Y) Calculated over the trailing 1-year period	17.39%	14.47%	+2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.36%	16.52%	+4.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.13%	16.52%	+5.61%

BKSE vs. BKCI - Expense Ratio Comparison

BKSE has a 0.04% expense ratio, which is lower than BKCI's 0.80% expense ratio.

Dividends

BKSE vs. BKCI - Dividend Comparison

BKSE's dividend yield for the trailing twelve months is around 1.19%, less than BKCI's 1.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BKCI BNY Mellon Concentrated International ETF	1.33%	1.39%	0.78%	0.73%	0.46%	0.00%	0.00%
BKSE BNY Mellon US Small Cap Core Equity ETF	1.19%	1.26%	1.55%	1.38%	1.50%	1.17%	0.82%

Frequently Asked Questions

Can I hold both BKSE and BKCI in my portfolio?

BKSE and BKCI have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKSE or BKCI?

BKSE has higher volatility (3.80%) compared to BKCI (3.52%). In terms of maximum drawdown, BKSE dropped -29.08% vs BKCI's -31.03%.

Which ETF is better, BKSE or BKCI?

On 3-year performance, BKSE leads with 16.98% vs 6.03% for BKCI. On fees, BKSE is cheaper at 0.04% per year. On volatility, BKCI has been the lower-risk option at 3.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKSE or BKCI?

Over the 3-year period, BKSE has performed better with a 16.98% return vs 6.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKSE or BKCI?

BKSE is cheaper with a 0.04% expense ratio, compared with 0.80% for BKCI.

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

BKCI has the higher dividend yield at 1.33%, compared with 1.19% for BKSE.

What is the main difference between BKSE and BKCI?

BKSE is categorized as Small Cap Growth Equities, while BKCI is Foreign Large Cap Equities. Their fees differ too: 0.04% for BKSE and 0.80% for BKCI.

Which has better risk-adjusted returns?

BKSE currently has the higher Sharpe Ratio (2.16 vs 0.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.