PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PESPX vs. BKGI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PESPX vs. BKGI

Last updated Jun 23, 2026

PESPX (BNY Mellon MidCap Index Fund) and BKGI (Bny Mellon Global Infrastructure Income ETF) are both funds - PESPX is a Mid Cap Blend Equities fund managed by BNY Mellon, while BKGI is a Energy Equities fund actively managed by BNY Mellon. Over the past 3 years, PESPX returned 13.93%/yr vs 21.90%/yr for BKGI. A 0.56 correlation means they provide meaningful diversification when combined. PESPX charges 0.50%/yr vs 0.65%/yr for BKGI.

Performance

PESPX vs. BKGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon MidCap Index Fund (PESPX) and Bny Mellon Global Infrastructure Income ETF (BKGI). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PESPX achieves a 15.05% return, which is significantly higher than BKGI's 11.73% return.

PESPX

1D
1.11%
1M
3.30%
YTD
15.05%
6M
12.56%
1Y
26.30%
3Y*
13.93%
5Y*
8.33%
10Y*
11.09%

BKGI

1D
0.25%
1M
-3.46%
YTD
11.73%
6M
12.71%
1Y
21.46%
3Y*
21.90%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PESPX vs. BKGI - Yearly Performance Comparison

2026 (YTD)2025202420232022
PESPX
BNY Mellon MidCap Index Fund		15.05%6.90%11.88%14.75%2.53%
BKGI
Bny Mellon Global Infrastructure Income ETF		11.73%37.53%12.35%9.72%8.54%

Correlation

The correlation between PESPX and BKGI is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.44

Correlation (3Y)
Calculated over the trailing 3-year period

0.52

Correlation (All Time)
Calculated using the full available price history since Nov 3, 2022

0.56

The correlation between PESPX and BKGI shifts across timeframes, from 0.44 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BNY Mellon MidCap Index Fund

Bny Mellon Global Infrastructure Income ETF

Often compared with PESPX:
PESPX vs. SWMCXPESPX vs. DSPIXPESPX vs. FMDGXPESPX vs. DISSXPESPX vs. FSMDXPESPX vs. RPMGXPESPX vs. SCHD
Often compared with BKGI:
BKGI vs. UPGRBKGI vs. BKUIBKGI vs. BILDBKGI vs. NMLBKGI vs. TYGBKGI vs. HDMVBKGI vs. IFRA

Return for Risk

PESPX vs. BKGI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PESPX
PESPX Risk / Return Rank: 4848
Overall Rank
PESPX Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
PESPX Sortino Ratio Rank: 4040
Sortino Ratio Rank
PESPX Omega Ratio Rank: 3636
Omega Ratio Rank
PESPX Calmar Ratio Rank: 6767
Calmar Ratio Rank
PESPX Martin Ratio Rank: 5858
Martin Ratio Rank
BKGI
BKGI Risk / Return Rank: 6060
Overall Rank
BKGI Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
BKGI Sortino Ratio Rank: 5555
Sortino Ratio Rank
BKGI Omega Ratio Rank: 5656
Omega Ratio Rank
BKGI Calmar Ratio Rank: 7272
Calmar Ratio Rank
BKGI Martin Ratio Rank: 6363
Martin Ratio Rank
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.

PESPX vs. BKGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon MidCap Index Fund (PESPX) and Bny Mellon Global Infrastructure Income ETF (BKGI). 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.

PESPXBKGIDifference
Sharpe ratioReturn per unit of total volatility
1.68
1.85

-0.17

Sortino ratioReturn per unit of downside risk
2.44
2.57

-0.13

Omega ratioGain probability vs. loss probability

1.30

1.34

-0.04

Calmar ratioReturn relative to maximum drawdown

2.99

3.50

-0.51

Martin ratioReturn relative to average drawdown

10.85

11.02

-0.17

PESPX vs. BKGI - Sharpe Ratio Comparison

The current PESPX Sharpe Ratio is 1.68, which is comparable to the BKGI Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of PESPX and BKGI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

PESPX vs. BKGI - Drawdown Comparison

The maximum PESPX drawdown since its inception was -61.56%, which is greater than BKGI's maximum drawdown of -14.79%. Use the drawdown chart below to compare losses from any high point for PESPX and BKGI.

Loading charts...

Drawdown Indicators

PESPXBKGIDifference

Max Drawdown

Largest peak-to-trough decline

-61.56%

-14.79%

-46.77%

Max Drawdown (1Y)

Largest decline over 1 year

-8.86%

-6.16%

-2.70%

Max Drawdown (3Y)

Largest decline over 3 years

-25.18%

-14.16%

-11.02%

Max Drawdown (5Y)

Largest decline over 5 years

-25.18%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-42.09%

—

—

Current Drawdown

Current decline from peak

-0.45%

-3.55%

+3.10%

Average Drawdown

Average peak-to-trough decline

-10.35%

-2.56%

-7.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.44%

1.95%

+0.49%

Volatility

PESPX vs. BKGI - Volatility Comparison

BNY Mellon MidCap Index Fund (PESPX) has a higher volatility of 4.85% compared to Bny Mellon Global Infrastructure Income ETF (BKGI) at 3.36%. This indicates that PESPX's price experiences larger fluctuations and is considered to be riskier than BKGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

PESPXBKGIDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.85%

3.36%

+1.49%

Volatility (6M)

Calculated over the trailing 6-month period

11.69%

9.26%

+2.43%

Volatility (1Y)

Calculated over the trailing 1-year period

15.77%

11.65%

+4.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.70%

14.03%

+5.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.61%

14.03%

+7.58%

PESPX vs. BKGI - Expense Ratio Comparison

PESPX has a 0.50% expense ratio, which is lower than BKGI's 0.65% expense ratio.

Dividends

PESPX vs. BKGI - Dividend Comparison

PESPX's dividend yield for the trailing twelve months is around 10.64%, more than BKGI's 2.70% yield.

PositionTTM20252024202320222021202020192018201720162015
BKGI
Bny Mellon Global Infrastructure Income ETF		2.70%2.65%4.55%4.55%0.53%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PESPX
BNY Mellon MidCap Index Fund		10.64%12.24%11.73%8.19%16.04%15.10%11.21%21.60%14.61%9.22%1.09%1.34%

Frequently Asked Questions

PESPX and BKGI have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PESPX has higher volatility (4.85%) compared to BKGI (3.36%). In terms of maximum drawdown, PESPX dropped -61.56% vs BKGI's -14.79%.

BKGI currently has the higher Sharpe Ratio (1.85 vs 1.68), 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.

Portfolio Optimizer

Find the right allocation for PESPX and BKGI

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