BNY vs. DFIC

Last updated Jun 4, 2026

BNY (The Bank of New York Mellon Corporation) is a stock, while DFIC (DFA Dimensional International Core Equity 2 ETF) is Foreign Large Cap Equities fund actively managed by Dimensional. Over the past 3 years, BNY returned 52.65%/yr vs 19.43%/yr for DFIC. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

BNY vs. DFIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Bank of New York Mellon Corporation (BNY) and DFA Dimensional International Core Equity 2 ETF (DFIC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNY achieves a 22.11% return, which is significantly higher than DFIC's 10.29% return.

BNY

• 1D: -0.50%
• 1M: 6.59%
• YTD: 22.11%
• 6M: 25.35%
• 1Y: 60.34%
• 3Y*: 52.65%
• 5Y*: 25.33%
• 10Y*: 15.90%

DFIC

• 1D: -0.71%
• 1M: 2.87%
• YTD: 10.29%
• 6M: 13.30%
• 1Y: 27.29%
• 3Y*: 19.43%
• 5Y*: —
• 10Y*: —

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

BNY vs. DFIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BNY The Bank of New York Mellon Corporation	22.11%	54.45%	51.90%	18.52%	-10.28%
DFIC DFA Dimensional International Core Equity 2 ETF	10.29%	37.09%	4.10%	17.32%	-9.27%

Correlation

The correlation between BNY and DFIC is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (All Time) Calculated using the full available price history since Mar 25, 2022	0.57

Over the past year, the correlation between BNY and DFIC has dropped to 0.36 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.

Return for Risk

BNY vs. DFIC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNY

BNY Risk / Return Rank: 94
BNY Sharpe Ratio Rank: 95
BNY Sortino Ratio Rank: 93
BNY Omega Ratio Rank: 93
BNY Calmar Ratio Rank: 93
BNY Martin Ratio Rank: 94

DFIC

DFIC Risk / Return Rank: 55
DFIC Sharpe Ratio Rank: 57
DFIC Sortino Ratio Rank: 57
DFIC Omega Ratio Rank: 57
DFIC Calmar Ratio Rank: 49
DFIC Martin Ratio Rank: 56

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.

BNY vs. DFIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Bank of New York Mellon Corporation (BNY) and DFA Dimensional International Core Equity 2 ETF (DFIC). 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.

	BNY	DFIC	Difference
Sharpe ratio: Return per unit of total volatility	3.06	1.98	+1.08
Sortino ratio: Return per unit of downside risk	3.78	2.76	+1.02
Omega ratio: Gain probability vs. loss probability	1.50	1.36	+0.14
Calmar ratio: Return relative to maximum drawdown	5.98	2.49	+3.48
Martin ratio: Return relative to average drawdown	16.93	9.90	+7.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNY vs. DFIC - Sharpe Ratio Comparison

The current BNY Sharpe Ratio is 3.06, which is higher than the DFIC Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of BNY and DFIC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BNY	DFIC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.06	1.98	+1.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.81	-0.45

Drawdowns

BNY vs. DFIC - Drawdown Comparison

The maximum BNY drawdown since its inception was -72.28%, which is greater than DFIC's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for BNY and DFIC.

Drawdown Indicators

	BNY	DFIC	Difference
Max Drawdown Largest peak-to-trough decline	-72.28%	-24.40%	-47.88%
Max Drawdown (1Y) Largest decline over 1 year	-10.15%	-11.00%	+0.85%
Max Drawdown (3Y) Largest decline over 3 years	-17.58%	-13.14%	-4.44%
Max Drawdown (5Y) Largest decline over 5 years	-40.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.49%	—	—
Current Drawdown Current decline from peak	-1.42%	-1.32%	-0.10%
Average Drawdown Average peak-to-trough decline	-18.72%	-4.55%	-14.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	2.76%	+0.82%

Volatility

BNY vs. DFIC - Volatility Comparison

The Bank of New York Mellon Corporation (BNY) has a higher volatility of 4.87% compared to DFA Dimensional International Core Equity 2 ETF (DFIC) at 4.34%. This indicates that BNY's price experiences larger fluctuations and is considered to be riskier than DFIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNY	DFIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	4.34%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	15.73%	11.50%	+4.23%
Volatility (1Y) Calculated over the trailing 1-year period	19.79%	13.85%	+5.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.58%	16.21%	+8.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.04%	16.21%	+10.83%

Dividends

BNY vs. DFIC - Dividend Comparison

BNY's dividend yield for the trailing twelve months is around 1.51%, less than DFIC's 2.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BNY The Bank of New York Mellon Corporation	1.51%	1.72%	2.32%	3.04%	3.12%	2.24%	2.92%	2.34%	2.21%	1.60%	1.52%	1.65%
DFIC DFA Dimensional International Core Equity 2 ETF	2.27%	2.54%	2.87%	2.55%	1.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BNY and DFIC in my portfolio?

BNY and DFIC have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BNY or DFIC?

BNY has higher volatility (4.87%) compared to DFIC (4.34%). In terms of maximum drawdown, BNY dropped -72.28% vs DFIC's -24.40%.

Which has better risk-adjusted returns?

BNY currently has the higher Sharpe Ratio (3.06 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.