IYE vs. BKUI
IYE (iShares U.S. Energy ETF) and BKUI (BNY Mellon Ultra Short Income ETF) are both exchange-traded funds - IYE is a Energy Equities fund tracking the Dow Jones U.S. Oil & Gas Index, while BKUI is a Ultrashort Bond fund actively managed by BNY Mellon. IYE is passively managed, while BKUI is actively managed. Over the past 3 years, IYE returned 15.13%/yr vs 5.11%/yr for BKUI. At a correlation of -0.09, they often move in opposite directions. IYE charges 0.42%/yr vs 0.12%/yr for BKUI.
Performance
IYE vs. BKUI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IYE achieves a 22.27% return, which is significantly higher than BKUI's 1.49% return.
IYE
- 1D
- 1.34%
- 1M
- -8.19%
- YTD
- 22.27%
- 6M
- 23.44%
- 1Y
- 25.82%
- 3Y*
- 15.13%
- 5Y*
- 17.89%
- 10Y*
- 8.12%
BKUI
- 1D
- -0.01%
- 1M
- 0.25%
- YTD
- 1.49%
- 6M
- 1.60%
- 1Y
- 4.12%
- 3Y*
- 5.11%
- 5Y*
- —
- 10Y*
- —
IYE vs. BKUI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IYE iShares U.S. Energy ETF | 22.27% | 7.33% | 6.06% | -2.21% | 60.21% | 14.04% |
BKUI BNY Mellon Ultra Short Income ETF | 1.49% | 4.93% | 5.50% | 5.75% | -0.08% | -0.26% |
Correlation
The correlation between IYE and BKUI is -0.30, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.14 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2021 | -0.09 |
Over the past year, the inverse relationship between IYE and BKUI has strengthened: their correlation has moved from -0.09 to -0.30, meaning they now move in opposite directions more often than their long-term average.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IYE vs. BKUI — Risk / Return Rank
IYE
BKUI
IYE vs. BKUI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Energy ETF (IYE) and BNY Mellon Ultra Short Income ETF (BKUI). 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.
| IYE | BKUI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.63 | ||
| Sortino ratioReturn per unit of downside risk | -20.68 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 5.43 | -4.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 31.06 | -29.18 |
| Martin ratioReturn relative to average drawdown | 5.73 | 211.18 | -205.44 |
Loading charts...
Drawdowns
IYE vs. BKUI - Drawdown Comparison
The maximum IYE drawdown since its inception was -73.74%, which is greater than BKUI's maximum drawdown of -1.72%. Use the drawdown chart below to compare losses from any high point for IYE and BKUI.
Loading charts...
Drawdown Indicators
| IYE | BKUI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.74% | -1.72% | -72.02% |
Max Drawdown (1Y)Largest decline over 1 year | -13.81% | -0.13% | -13.68% |
Max Drawdown (3Y)Largest decline over 3 years | -20.37% | -0.25% | -20.12% |
Max Drawdown (5Y)Largest decline over 5 years | -25.61% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -68.59% | — | — |
Current DrawdownCurrent decline from peak | -12.65% | -0.05% | -12.60% |
Average DrawdownAverage peak-to-trough decline | -19.34% | -0.27% | -19.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.55% | 0.02% | +4.53% |
Volatility
IYE vs. BKUI - Volatility Comparison
iShares U.S. Energy ETF (IYE) has a higher volatility of 6.89% compared to BNY Mellon Ultra Short Income ETF (BKUI) at 0.17%. This indicates that IYE's price experiences larger fluctuations and is considered to be riskier than BKUI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IYE | BKUI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.89% | 0.17% | +6.72% |
Volatility (6M)Calculated over the trailing 6-month period | 16.48% | 0.33% | +16.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.43% | 0.42% | +20.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.66% | 0.59% | +25.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.55% | 0.59% | +28.96% |
IYE vs. BKUI - Expense Ratio Comparison
IYE has a 0.42% expense ratio, which is higher than BKUI's 0.12% expense ratio.
Dividends
IYE vs. BKUI - Dividend Comparison
IYE's dividend yield for the trailing twelve months is around 2.33%, less than BKUI's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKUI BNY Mellon Ultra Short Income ETF | 4.21% | 4.48% | 5.11% | 4.29% | 1.82% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYE iShares U.S. Energy ETF | 2.33% | 2.85% | 2.75% | 2.99% | 3.37% | 2.98% | 4.75% | 6.60% | 3.16% | 2.66% | 2.11% | 3.39% |
Frequently Asked Questions
IYE and BKUI have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYE has higher volatility (6.89%) compared to BKUI (0.17%). In terms of maximum drawdown, IYE dropped -73.74% vs BKUI's -1.72%.
On 3-year performance, IYE leads with 15.13% vs 5.11% for BKUI. On fees, BKUI is cheaper at 0.12% per year. On volatility, BKUI has been the lower-risk option at 0.17%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IYE has performed better with a 15.13% return vs 5.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BKUI is cheaper with a 0.12% expense ratio, compared with 0.42% for IYE.
BKUI has the higher dividend yield at 4.21%, compared with 2.33% for IYE.
IYE is categorized as Energy Equities, while BKUI is Ultrashort Bond. They also come from different issuers: iShares and BNY Mellon. Their fees differ too: 0.42% for IYE and 0.12% for BKUI.
BKUI currently has the higher Sharpe Ratio (9.90 vs 1.27), 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.
Find the right allocation for IYE and BKUI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer