BKWO vs. FGDL
Compare and contrast key facts about BNY Mellon Women's Opportunities ETF (BKWO) and Franklin Responsibly Sourced Gold ETF (FGDL).
BKWO and FGDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKWO is an actively managed fund by BNY Mellon. It was launched on May 16, 2023. FGDL is a passively managed fund by Franklin that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Jun 30, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKWO or FGDL.
Correlation
The correlation between BKWO and FGDL is 0.22, 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
BKWO vs. FGDL - Performance Comparison
Key characteristics
BKWO:
1.24
FGDL:
3.10
BKWO:
1.74
FGDL:
3.90
BKWO:
1.22
FGDL:
1.53
BKWO:
1.69
FGDL:
5.87
BKWO:
6.38
FGDL:
16.03
BKWO:
2.66%
FGDL:
2.97%
BKWO:
13.67%
FGDL:
15.35%
BKWO:
-12.34%
FGDL:
-11.26%
BKWO:
-0.11%
FGDL:
0.00%
Returns By Period
In the year-to-date period, BKWO achieves a 5.46% return, which is significantly lower than FGDL's 12.57% return.
BKWO
5.46%
2.86%
8.78%
18.97%
N/A
N/A
FGDL
12.57%
9.09%
17.59%
45.92%
N/A
N/A
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BKWO vs. FGDL - Expense Ratio Comparison
BKWO has a 0.50% expense ratio, which is higher than FGDL's 0.15% expense ratio.
Risk-Adjusted Performance
BKWO vs. FGDL — Risk-Adjusted Performance Rank
BKWO
FGDL
BKWO vs. FGDL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Women's Opportunities ETF (BKWO) and Franklin Responsibly Sourced Gold ETF (FGDL). 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
BKWO vs. FGDL - Dividend Comparison
BKWO's dividend yield for the trailing twelve months is around 0.34%, while FGDL has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
BKWO BNY Mellon Women's Opportunities ETF | 0.34% | 0.36% | 0.27% |
FGDL Franklin Responsibly Sourced Gold ETF | 0.00% | 0.00% | 0.00% |
Drawdowns
BKWO vs. FGDL - Drawdown Comparison
The maximum BKWO drawdown since its inception was -12.34%, which is greater than FGDL's maximum drawdown of -11.26%. Use the drawdown chart below to compare losses from any high point for BKWO and FGDL. For additional features, visit the drawdowns tool.
Volatility
BKWO vs. FGDL - Volatility Comparison
The current volatility for BNY Mellon Women's Opportunities ETF (BKWO) is 3.84%, while Franklin Responsibly Sourced Gold ETF (FGDL) has a volatility of 4.35%. This indicates that BKWO experiences smaller price fluctuations and is considered to be less risky than FGDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.