ESGN vs. BKIE

Last updated Jun 3, 2026

ESGN (Columbia Sustainable International Equity Income ETF) and BKIE (BNY Mellon International Equity ETF) are both Foreign Large Cap Equities funds - ESGN tracks the MSCI Beta ADV Sust Intl Equity Income 100 while BKIE tracks the Morningstar Developed Markets ex-US Large Cap Index. Both are passively managed. Over the past 5 years, ESGN returned 12.09%/yr vs 9.05%/yr for BKIE. Their correlation of 0.90 suggests significant overlap in exposure. ESGN charges 0.45%/yr vs 0.04%/yr for BKIE.

Performance

ESGN vs. BKIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Sustainable International Equity Income ETF (ESGN) and BNY Mellon International Equity ETF (BKIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with ESGN having a 8.09% return and BKIE slightly higher at 8.46%.

ESGN

• 1D: 0.54%
• 1M: 0.78%
• YTD: 8.09%
• 6M: 11.60%
• 1Y: 25.97%
• 3Y*: 20.05%
• 5Y*: 12.09%
• 10Y*: —

BKIE

• 1D: -0.89%
• 1M: 3.12%
• YTD: 8.46%
• 6M: 11.11%
• 1Y: 22.58%
• 3Y*: 17.39%
• 5Y*: 9.05%
• 10Y*: —

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

ESGN vs. BKIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ESGN Columbia Sustainable International Equity Income ETF	8.09%	39.85%	6.02%	20.88%	-5.95%	10.18%	31.94%
BKIE BNY Mellon International Equity ETF	8.46%	32.08%	4.63%	18.25%	-13.60%	13.75%	34.17%

Correlation

The correlation between ESGN and BKIE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Apr 27, 2020	0.90

The correlation between ESGN and BKIE has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.

ESGN vs. BKIE - Sectors Allocation Comparison

Sectors	ESGN	BKIE
Industrials	15.8%	18.6%
Financial Services	15.4%	25.8%
Energy	13.0%	5.9%
Utilities	9.3%	3.7%
Technology	7.0%	10.1%
Consumer Cyclical	6.6%	7.3%
Healthcare	3.9%	9.1%
Consumer Defensive	3.5%	6.2%
Basic Materials	1.9%	7.2%
Communication Services	1.2%	4.2%
Real Estate	0.2%	2.0%

Return for Risk

ESGN vs. BKIE — Risk / Return Rank

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

ESGN

ESGN Risk / Return Rank: 57
ESGN Sharpe Ratio Rank: 56
ESGN Sortino Ratio Rank: 56
ESGN Omega Ratio Rank: 56
ESGN Calmar Ratio Rank: 57
ESGN Martin Ratio Rank: 59

BKIE

BKIE Risk / Return Rank: 43
BKIE Sharpe Ratio Rank: 43
BKIE Sortino Ratio Rank: 43
BKIE Omega Ratio Rank: 43
BKIE Calmar Ratio Rank: 39
BKIE Martin Ratio Rank: 46

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.

ESGN vs. BKIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Sustainable International Equity Income ETF (ESGN) and BNY Mellon International Equity ETF (BKIE). 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.

	ESGN	BKIE	Difference
Sharpe ratio Return per unit of total volatility	1.94	1.56	+0.38
Sortino ratio Return per unit of downside risk	2.69	2.23	+0.47
Omega ratio Gain probability vs. loss probability	1.35	1.28	+0.07
Calmar ratio Return relative to maximum drawdown	2.87	1.99	+0.89
Martin ratio Return relative to average drawdown	10.64	7.68	+2.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESGN vs. BKIE - Sharpe Ratio Comparison

The current ESGN Sharpe Ratio is 1.94, which is comparable to the BKIE Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of ESGN and BKIE, 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

	ESGN	BKIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	1.56	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.56	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.92	-0.31

Drawdowns

ESGN vs. BKIE - Drawdown Comparison

The maximum ESGN drawdown since its inception was -41.71%, which is greater than BKIE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for ESGN and BKIE.

Drawdown Indicators

	ESGN	BKIE	Difference
Max Drawdown Largest peak-to-trough decline	-41.71%	-28.19%	-13.52%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	-11.41%	+1.85%
Max Drawdown (3Y) Largest decline over 3 years	-14.38%	-13.19%	-1.19%
Max Drawdown (5Y) Largest decline over 5 years	-24.51%	-28.19%	+3.68%
Current Drawdown Current decline from peak	-2.81%	-1.33%	-1.48%
Average Drawdown Average peak-to-trough decline	-7.06%	-4.98%	-2.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	2.95%	-0.37%

Volatility

ESGN vs. BKIE - Volatility Comparison

The current volatility for Columbia Sustainable International Equity Income ETF (ESGN) is 4.05%, while BNY Mellon International Equity ETF (BKIE) has a volatility of 4.42%. This indicates that ESGN experiences smaller price fluctuations and is considered to be less risky than BKIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGN	BKIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	4.42%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	10.58%	12.17%	-1.59%
Volatility (1Y) Calculated over the trailing 1-year period	13.48%	14.58%	-1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.29%	16.12%	-0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.31%	16.34%	-0.03%

ESGN vs. BKIE - Expense Ratio Comparison

ESGN has a 0.45% expense ratio, which is higher than BKIE's 0.04% expense ratio.

Dividends

ESGN vs. BKIE - Dividend Comparison

ESGN's dividend yield for the trailing twelve months is around 9.13%, more than BKIE's 3.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BKIE BNY Mellon International Equity ETF	3.26%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%	0.00%	0.00%	0.00%	0.00%
ESGN Columbia Sustainable International Equity Income ETF	9.13%	9.76%	3.11%	3.27%	3.57%	3.43%	2.64%	3.34%	7.25%	4.63%	2.52%

Frequently Asked Questions

Can I hold both ESGN and BKIE in my portfolio?

ESGN and BKIE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ESGN or BKIE?

BKIE has higher volatility (4.42%) compared to ESGN (4.05%). In terms of maximum drawdown, ESGN dropped -41.71% vs BKIE's -28.19%.

Which ETF is better, ESGN or BKIE?

On 5-year performance, ESGN leads with 12.09% vs 9.05% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, ESGN has been the lower-risk option at 4.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ESGN or BKIE?

Over the 5-year period, ESGN has performed better with a 12.09% return vs 9.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ESGN or BKIE?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.45% for ESGN.

Which ETF pays a higher dividend yield, ESGN or BKIE?

ESGN has the higher dividend yield at 9.13%, compared with 3.26% for BKIE.

What is the main difference between ESGN and BKIE?

ESGN tracks MSCI Beta ADV Sust Intl Equity Income 100, while BKIE tracks Morningstar Developed Markets ex-US Large Cap Index. They also come from different issuers: Ameriprise Financial and BNY Mellon. Their fees differ too: 0.45% for ESGN and 0.04% for BKIE.

Which has better risk-adjusted returns?

ESGN currently has the higher Sharpe Ratio (1.94 vs 1.56), 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.