BNDS vs. BCPL
BNDS (Infrastructure Capital Bond Income ETF) and BCPL (BNY Mellon Core Plus ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. BNDS charges 0.81%/yr vs 0.40%/yr for BCPL.
Performance
BNDS vs. BCPL - Performance Comparison
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Returns By Period
BNDS
- 1D
- -0.24%
- 1M
- 0.25%
- 6M
- 3.94%
- YTD
- 4.73%
- 1Y
- 10.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BCPL
- 1D
- -0.36%
- 1M
- -0.81%
- 6M
- -0.06%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BNDS vs. BCPL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BNDS Infrastructure Capital Bond Income ETF | 3.90% |
BCPL BNY Mellon Core Plus ETF | -0.18% |
Correlation
The correlation between BNDS and BCPL is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 12, 2026 | 0.53 |
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Return for Risk
BNDS vs. BCPL — Risk / Return Rank
BNDS
BCPL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BNDS vs. BCPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Infrastructure Capital Bond Income ETF (BNDS) and BNY Mellon Core Plus ETF (BCPL). 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.
| BNDS | BCPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.60 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | — | — |
| Martin ratioReturn relative to average drawdown | 13.79 | — | — |
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Drawdowns
BNDS vs. BCPL - Drawdown Comparison
The maximum BNDS drawdown since its inception was -6.96%, which is greater than BCPL's maximum drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for BNDS and BCPL.
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Drawdown Indicators
| BNDS | BCPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.96% | -2.95% | -4.01% |
Max Drawdown (1Y)Largest decline over 1 year | -3.45% | — | — |
Current DrawdownCurrent decline from peak | -0.30% | -1.72% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -0.77% | -1.02% | +0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | — | — |
Volatility
BNDS vs. BCPL - Volatility Comparison
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Volatility by Period
| BNDS | BCPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.82% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.77% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.51% | 4.01% | -0.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.14% | 4.01% | +1.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.14% | 4.01% | +1.13% |
BNDS vs. BCPL - Expense Ratio Comparison
BNDS has a 0.81% expense ratio, which is higher than BCPL's 0.40% expense ratio.
Dividends
BNDS vs. BCPL - Dividend Comparison
BNDS's dividend yield for the trailing twelve months is around 8.00%, more than BCPL's 1.94% yield.
| Position | TTM | 2025 |
|---|---|---|
BCPL BNY Mellon Core Plus ETF | 1.94% | 0.00% |
BNDS Infrastructure Capital Bond Income ETF | 8.00% | 7.98% |
Frequently Asked Questions
BNDS and BCPL have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BCPL is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BCPL is cheaper with a 0.40% expense ratio, compared with 0.81% for BNDS.
BNDS has the higher dividend yield at 8.00%, compared with 1.94% for BCPL.
They also come from different issuers: InfraCap and BNY Mellon. Their fees differ too: 0.81% for BNDS and 0.40% for BCPL.
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