IPOS vs. BKIE
Compare and contrast key facts about Renaissance International IPO ETF (IPOS) and BNY Mellon International Equity ETF (BKIE).
IPOS and BKIE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IPOS is a passively managed fund by Renaissance Capital that tracks the performance of the Renaissance International IPO Index. It was launched on Oct 6, 2014. BKIE is a passively managed fund by BNY Mellon that tracks the performance of the Morningstar Developed Markets ex-US Large Cap Index. It was launched on Apr 24, 2020. Both IPOS and BKIE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IPOS vs. BKIE - Performance Comparison
Loading graphics...
IPOS vs. BKIE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IPOS Renaissance International IPO ETF | 7.91% | 39.93% | -12.34% | -16.49% | -33.46% | -30.62% | 57.28% |
BKIE BNY Mellon International Equity ETF | 0.94% | 32.08% | 4.63% | 18.25% | -13.60% | 13.75% | 34.17% |
Returns By Period
In the year-to-date period, IPOS achieves a 7.91% return, which is significantly higher than BKIE's 0.94% return.
IPOS
- 1D
- 3.24%
- 1M
- -8.63%
- YTD
- 7.91%
- 6M
- 4.10%
- 1Y
- 44.00%
- 3Y*
- 4.31%
- 5Y*
- -12.01%
- 10Y*
- 0.20%
BKIE
- 1D
- 3.17%
- 1M
- -7.91%
- YTD
- 0.94%
- 6M
- 6.12%
- 1Y
- 24.82%
- 3Y*
- 15.27%
- 5Y*
- 8.94%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IPOS vs. BKIE - Expense Ratio Comparison
IPOS has a 0.80% expense ratio, which is higher than BKIE's 0.04% expense ratio.
Return for Risk
IPOS vs. BKIE — Risk / Return Rank
IPOS
BKIE
IPOS vs. BKIE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Renaissance International IPO ETF (IPOS) 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.
| IPOS | BKIE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.52 | 1.46 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.95 | 2.01 | -0.06 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.30 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 2.49 | 2.09 | +0.40 |
Martin ratioReturn relative to average drawdown | 7.61 | 8.22 | -0.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IPOS | BKIE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | 1.46 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.46 | 0.56 | -1.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.00 | 0.86 | -0.87 |
Correlation
The correlation between IPOS and BKIE is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IPOS vs. BKIE - Dividend Comparison
IPOS's dividend yield for the trailing twelve months is around 0.88%, less than BKIE's 3.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPOS Renaissance International IPO ETF | 0.88% | 1.04% | 0.93% | 0.33% | 0.00% | 0.00% | 0.25% | 0.89% | 1.12% | 0.87% | 1.73% | 1.08% |
BKIE BNY Mellon International Equity ETF | 3.09% | 3.12% | 3.31% | 2.88% | 2.97% | 2.58% | 1.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IPOS vs. BKIE - Drawdown Comparison
The maximum IPOS drawdown since its inception was -73.09%, which is greater than BKIE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for IPOS and BKIE.
Loading graphics...
Drawdown Indicators
| IPOS | BKIE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.09% | -28.19% | -44.90% |
Max Drawdown (1Y)Largest decline over 1 year | -17.17% | -11.41% | -5.76% |
Max Drawdown (5Y)Largest decline over 5 years | -70.33% | -28.19% | -42.14% |
Max Drawdown (10Y)Largest decline over 10 years | -73.09% | — | — |
Current DrawdownCurrent decline from peak | -54.15% | -8.17% | -45.98% |
Average DrawdownAverage peak-to-trough decline | -31.77% | -5.04% | -26.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.62% | 2.91% | +2.71% |
Volatility
IPOS vs. BKIE - Volatility Comparison
Renaissance International IPO ETF (IPOS) has a higher volatility of 17.95% compared to BNY Mellon International Equity ETF (BKIE) at 7.69%. This indicates that IPOS's price experiences larger fluctuations and is considered to be riskier than BKIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IPOS | BKIE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.95% | 7.69% | +10.26% |
Volatility (6M)Calculated over the trailing 6-month period | 23.95% | 11.03% | +12.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.09% | 17.09% | +12.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.49% | 15.98% | +10.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.69% | 16.30% | +7.39% |