BKUI vs. IVV
Compare and contrast key facts about BNY Mellon Ultra Short Income ETF (BKUI) and iShares Core S&P 500 ETF (IVV).
BKUI and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKUI is an actively managed fund by BNY Mellon. It was launched on Aug 9, 2021. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKUI or IVV.
Correlation
The correlation between BKUI and IVV is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BKUI vs. IVV - Performance Comparison
Key characteristics
BKUI:
11.80
IVV:
0.31
BKUI:
28.66
IVV:
0.57
BKUI:
6.91
IVV:
1.08
BKUI:
22.43
IVV:
0.31
BKUI:
156.70
IVV:
1.41
BKUI:
0.04%
IVV:
4.19%
BKUI:
0.48%
IVV:
18.93%
BKUI:
-1.73%
IVV:
-55.25%
BKUI:
-0.08%
IVV:
-13.89%
Returns By Period
In the year-to-date period, BKUI achieves a 1.34% return, which is significantly higher than IVV's -9.91% return.
BKUI
1.34%
0.25%
2.23%
5.62%
N/A
N/A
IVV
-9.91%
-6.93%
-9.41%
6.77%
14.69%
11.64%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BKUI vs. IVV - Expense Ratio Comparison
BKUI has a 0.12% expense ratio, which is higher than IVV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BKUI vs. IVV — Risk-Adjusted Performance Rank
BKUI
IVV
BKUI vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Ultra Short Income ETF (BKUI) and iShares Core S&P 500 ETF (IVV). 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
BKUI vs. IVV - Dividend Comparison
BKUI's dividend yield for the trailing twelve months is around 4.94%, more than IVV's 1.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKUI BNY Mellon Ultra Short Income ETF | 4.94% | 5.11% | 4.29% | 1.81% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.46% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
BKUI vs. IVV - Drawdown Comparison
The maximum BKUI drawdown since its inception was -1.73%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for BKUI and IVV. For additional features, visit the drawdowns tool.
Volatility
BKUI vs. IVV - Volatility Comparison
The current volatility for BNY Mellon Ultra Short Income ETF (BKUI) is 0.22%, while iShares Core S&P 500 ETF (IVV) has a volatility of 13.62%. This indicates that BKUI experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.