BKSE vs. SCHA
Compare and contrast key facts about BNY Mellon US Small Cap Core Equity ETF (BKSE) and Schwab U.S. Small-Cap ETF (SCHA).
BKSE and SCHA 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 The Bank of New York Mellon Corp. that tracks the performance of the Morningstar US Small Cap Index. It was launched on Apr 9, 2020. SCHA is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Small-Cap Total Stock Market Total Return Index. It was launched on Nov 3, 2009. Both BKSE and SCHA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKSE or SCHA.
Key characteristics
| BKSE | SCHA | |
|---|---|---|
| YTD Return | -1.92% | -0.47% |
| 1Y Return | 17.87% | 17.75% |
| 3Y Return (Ann) | -0.80% | -1.69% |
| Sharpe Ratio | 0.96 | 0.95 |
| Daily Std Dev | 18.52% | 18.77% |
| Max Drawdown | -29.08% | -42.41% |
| Current Drawdown | -7.93% | -11.67% |
Correlation
The correlation between BKSE and SCHA is 0.98, 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.
Performance
BKSE vs. SCHA - Performance Comparison
In the year-to-date period, BKSE achieves a -1.92% return, which is significantly lower than SCHA's -0.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BKSE vs. SCHA - Expense Ratio Comparison
Both BKSE and SCHA have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
BKSE vs. SCHA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Small Cap Core Equity ETF (BKSE) and Schwab U.S. Small-Cap ETF (SCHA). 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.
Dividends
BKSE vs. SCHA - Dividend Comparison
BKSE's dividend yield for the trailing twelve months is around 1.47%, more than SCHA's 1.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKSE BNY Mellon US Small Cap Core Equity ETF | 1.47% | 1.38% | 1.50% | 1.17% | 0.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHA Schwab U.S. Small-Cap ETF | 1.37% | 1.42% | 1.37% | 1.19% | 1.05% | 1.39% | 1.62% | 1.24% | 1.50% | 1.48% | 1.45% | 1.14% |
Drawdowns
BKSE vs. SCHA - Drawdown Comparison
The maximum BKSE drawdown since its inception was -29.08%, smaller than the maximum SCHA drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for BKSE and SCHA. For additional features, visit the drawdowns tool.
Volatility
BKSE vs. SCHA - Volatility Comparison
BNY Mellon US Small Cap Core Equity ETF (BKSE) and Schwab U.S. Small-Cap ETF (SCHA) have volatilities of 5.15% and 5.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.