BKSE vs. BKDV

Last updated Apr 2, 2026

Compare and contrast key facts about BNY Mellon US Small Cap Core Equity ETF (BKSE) and BNY Mellon Dynamic Value ETF (BKDV).

BKSE and BKDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKSE is a passively managed fund by BNY Mellon that tracks the performance of the Morningstar US Small Cap Index. It was launched on Apr 9, 2020. BKDV is an actively managed fund by BNY Mellon. It was launched on Nov 1, 2024.

Performance

BKSE vs. BKDV - 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 Dynamic Value ETF (BKDV). The values are adjusted to include any dividend payments, if applicable.

BKSE vs. BKDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BKSE BNY Mellon US Small Cap Core Equity ETF	1.93%	13.09%	1.14%
BKDV BNY Mellon Dynamic Value ETF	2.55%	18.58%	-0.91%

Returns By Period

In the year-to-date period, BKSE achieves a 1.93% return, which is significantly lower than BKDV's 2.55% return.

BKSE

• 1D: 0.67%
• 1M: -4.63%
• YTD: 1.93%
• 6M: 4.49%
• 1Y: 24.55%
• 3Y*: 13.82%
• 5Y*: 5.31%
• 10Y*: —

BKDV

• 1D: 0.34%
• 1M: -3.53%
• YTD: 2.55%
• 6M: 7.74%
• 1Y: 18.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BKSE vs. BKDV - Expense Ratio Comparison

BKSE has a 0.04% expense ratio, which is lower than BKDV's 0.60% expense ratio.

BKDV

BNY Mellon Dynamic Value ETF

BKSE

BNY Mellon US Small Cap Core Equity ETF

Return for Risk

BKSE vs. BKDV — 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: 59
BKSE Sortino Ratio Rank: 62
BKSE Omega Ratio Rank: 55
BKSE Calmar Ratio Rank: 61
BKSE Martin Ratio Rank: 63

BKDV

BKDV Risk / Return Rank: 57
BKDV Sharpe Ratio Rank: 59
BKDV Sortino Ratio Rank: 58
BKDV Omega Ratio Rank: 60
BKDV Calmar Ratio Rank: 50
BKDV Martin Ratio Rank: 58

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. BKDV - 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 Dynamic Value ETF (BKDV). 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	BKDV	Difference
Sharpe ratio Return per unit of total volatility	1.08	1.11	-0.03
Sortino ratio Return per unit of downside risk	1.64	1.58	+0.06
Omega ratio Gain probability vs. loss probability	1.21	1.24	-0.02
Calmar ratio Return relative to maximum drawdown	1.67	1.52	+0.14
Martin ratio Return relative to average drawdown	6.85	6.67	+0.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKSE vs. BKDV - Sharpe Ratio Comparison

The current BKSE Sharpe Ratio is 1.08, which is comparable to the BKDV Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of BKSE and BKDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BKSE	BKDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.11	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.89	-0.23

Correlation

The correlation between BKSE and BKDV is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BKSE vs. BKDV - Dividend Comparison

BKSE's dividend yield for the trailing twelve months is around 1.29%, more than BKDV's 0.60% yield.

	TTM	2025	2024	2023	2022	2021	2020
BKSE BNY Mellon US Small Cap Core Equity ETF	1.29%	1.26%	1.55%	1.38%	1.50%	1.17%	0.82%
BKDV BNY Mellon Dynamic Value ETF	0.60%	0.62%	0.27%	0.00%	0.00%	0.00%	0.00%

Drawdowns

BKSE vs. BKDV - Drawdown Comparison

The maximum BKSE drawdown since its inception was -29.08%, which is greater than BKDV's maximum drawdown of -15.49%. Use the drawdown chart below to compare losses from any high point for BKSE and BKDV.

Drawdown Indicators

	BKSE	BKDV	Difference
Max Drawdown Largest peak-to-trough decline	-29.08%	-15.49%	-13.59%
Max Drawdown (1Y) Largest decline over 1 year	-14.76%	-12.07%	-2.69%
Max Drawdown (5Y) Largest decline over 5 years	-29.08%	—	—
Current Drawdown Current decline from peak	-6.07%	-4.37%	-1.70%
Average Drawdown Average peak-to-trough decline	-9.28%	-2.60%	-6.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.59%	2.76%	+0.83%

Volatility

BKSE vs. BKDV - Volatility Comparison

BNY Mellon US Small Cap Core Equity ETF (BKSE) has a higher volatility of 6.50% compared to BNY Mellon Dynamic Value ETF (BKDV) at 4.53%. This indicates that BKSE's price experiences larger fluctuations and is considered to be riskier than BKDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKSE	BKDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.50%	4.53%	+1.97%
Volatility (6M) Calculated over the trailing 6-month period	13.33%	9.09%	+4.24%
Volatility (1Y) Calculated over the trailing 1-year period	22.84%	16.86%	+5.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.46%	16.03%	+5.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.47%	16.03%	+6.44%