KDRN vs. BCPL

Last updated Jun 24, 2026

KDRN (Kingsbarn Tactical Bond ETF) and BCPL (BNY Mellon Core Plus ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. A 0.76 correlation means they provide meaningful diversification when combined. KDRN charges 1.09%/yr vs 0.40%/yr for BCPL.

Performance

KDRN vs. BCPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kingsbarn Tactical Bond ETF (KDRN) and BNY Mellon Core Plus ETF (BCPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KDRN

• 1D: 0.02%
• 1M: 0.47%
• YTD: 1.27%
• 6M: 1.34%
• 1Y: 3.27%
• 3Y*: 3.28%
• 5Y*: —
• 10Y*: —

BCPL

• 1D: 0.04%
• 1M: 0.79%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KDRN vs. BCPL - Yearly Performance Comparison

	2026 (YTD)
KDRN Kingsbarn Tactical Bond ETF	1.05%
BCPL BNY Mellon Core Plus ETF	0.55%

Correlation

The correlation between KDRN and BCPL is 0.76, 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	0.76

Return for Risk

KDRN vs. BCPL — Risk / Return Rank

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

KDRN

KDRN Risk / Return Rank: 31
KDRN Sharpe Ratio Rank: 29
KDRN Sortino Ratio Rank: 29
KDRN Omega Ratio Rank: 29
KDRN Calmar Ratio Rank: 40
KDRN Martin Ratio Rank: 28

BCPL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

KDRN vs. BCPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kingsbarn Tactical Bond ETF (KDRN) 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.

	KDRN	BCPL	Difference
Sharpe ratio: Return per unit of total volatility	0.98	—	—
Sortino ratio: Return per unit of downside risk	1.45	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.86	—	—
Martin ratio: Return relative to average drawdown	3.65	—	—

Drawdowns

KDRN vs. BCPL - Drawdown Comparison

The maximum KDRN drawdown since its inception was -15.29%, which is greater than BCPL's maximum drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for KDRN and BCPL.

Drawdown Indicators

	KDRN	BCPL	Difference
Max Drawdown Largest peak-to-trough decline	-15.29%	-2.95%	-12.34%
Max Drawdown (1Y) Largest decline over 1 year	-1.77%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.94%	—	—
Current Drawdown Current decline from peak	-0.77%	-1.00%	+0.23%
Average Drawdown Average peak-to-trough decline	-4.72%	-1.04%	-3.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	—	—

Volatility

Volatility by Period

	KDRN	BCPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.35%	4.02%	-0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.57%	4.02%	+2.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.57%	4.02%	+2.55%

KDRN vs. BCPL - Expense Ratio Comparison

KDRN has a 1.09% expense ratio, which is higher than BCPL's 0.40% expense ratio.

Dividends

KDRN vs. BCPL - Dividend Comparison

KDRN's dividend yield for the trailing twelve months is around 3.11%, more than BCPL's 1.56% yield.

Position	TTM	2025	2024	2023	2022
BCPL BNY Mellon Core Plus ETF	1.56%	0.00%	0.00%	0.00%	0.00%
KDRN Kingsbarn Tactical Bond ETF	3.11%	2.54%	2.83%	2.84%	2.11%

Frequently Asked Questions

Can I hold both KDRN and BCPL in my portfolio?

KDRN and BCPL have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KDRN or BCPL?

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.

Which ETF is cheaper, KDRN or BCPL?

BCPL is cheaper with a 0.40% expense ratio, compared with 1.09% for KDRN.

Which ETF pays a higher dividend yield, KDRN or BCPL?

KDRN has the higher dividend yield at 3.11%, compared with 1.56% for BCPL.

What is the main difference between KDRN and BCPL?

They also come from different issuers: Kingsbarn and BNY Mellon. Their fees differ too: 1.09% for KDRN and 0.40% for BCPL.