SPTM vs. BKLC

Last updated Apr 1, 2026

Compare and contrast key facts about SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and BNY Mellon US Large Cap Core Equity ETF (BKLC).

SPTM and BKLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPTM is a passively managed fund by State Street that tracks the performance of the S&P Composite 1500 Index. It was launched on Oct 4, 2000. BKLC is a passively managed fund by BNY Mellon that tracks the performance of the Morningstar US Large Cap Index. It was launched on Apr 9, 2020. Both SPTM and BKLC 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

SPTM vs. BKLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and BNY Mellon US Large Cap Core Equity ETF (BKLC). The values are adjusted to include any dividend payments, if applicable.

SPTM vs. BKLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	-3.88%	16.93%	23.87%	25.55%	-17.75%	28.58%	37.34%
BKLC BNY Mellon US Large Cap Core Equity ETF	-4.58%	18.06%	25.56%	30.88%	-20.52%	27.41%	37.38%

Returns By Period

In the year-to-date period, SPTM achieves a -3.88% return, which is significantly higher than BKLC's -4.58% return.

SPTM

• 1D: 2.86%
• 1M: -5.00%
• YTD: -3.88%
• 6M: -1.39%
• 1Y: 17.66%
• 3Y*: 17.75%
• 5Y*: 11.28%
• 10Y*: 13.82%

BKLC

• 1D: 2.97%
• 1M: -4.99%
• YTD: -4.58%
• 6M: -2.24%
• 1Y: 18.74%
• 3Y*: 19.44%
• 5Y*: 12.04%
• 10Y*: —

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

SPTM vs. BKLC - Expense Ratio Comparison

SPTM has a 0.03% expense ratio, which is higher than BKLC's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

SPTM

SPDR Portfolio S&P 1500 Composite Stock Market ETF

BKLC

BNY Mellon US Large Cap Core Equity ETF

Return for Risk

SPTM vs. BKLC — Risk / Return Rank

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

SPTM

SPTM Risk / Return Rank: 64
SPTM Sharpe Ratio Rank: 58
SPTM Sortino Ratio Rank: 61
SPTM Omega Ratio Rank: 64
SPTM Calmar Ratio Rank: 64
SPTM Martin Ratio Rank: 74

BKLC

BKLC Risk / Return Rank: 66
BKLC Sharpe Ratio Rank: 61
BKLC Sortino Ratio Rank: 63
BKLC Omega Ratio Rank: 67
BKLC Calmar Ratio Rank: 66
BKLC Martin Ratio Rank: 74

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.

SPTM vs. BKLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and BNY Mellon US Large Cap Core Equity ETF (BKLC). 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.

	SPTM	BKLC	Difference
Sharpe ratio Return per unit of total volatility	0.97	1.02	-0.05
Sortino ratio Return per unit of downside risk	1.48	1.53	-0.05
Omega ratio Gain probability vs. loss probability	1.22	1.24	-0.01
Calmar ratio Return relative to maximum drawdown	1.51	1.55	-0.04
Martin ratio Return relative to average drawdown	7.28	7.24	+0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPTM vs. BKLC - Sharpe Ratio Comparison

The current SPTM Sharpe Ratio is 0.97, which is comparable to the BKLC Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of SPTM and BKLC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPTM	BKLC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	1.02	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.70	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.98	-0.55

Correlation

The correlation between SPTM and BKLC is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SPTM vs. BKLC - Dividend Comparison

SPTM's dividend yield for the trailing twelve months is around 1.20%, more than BKLC's 1.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	1.20%	1.13%	1.28%	1.44%	1.69%	1.25%	1.56%	1.72%	1.90%	1.66%	1.91%	1.92%
BKLC BNY Mellon US Large Cap Core Equity ETF	1.11%	1.05%	1.22%	1.35%	1.64%	1.10%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SPTM vs. BKLC - Drawdown Comparison

The maximum SPTM drawdown since its inception was -54.80%, which is greater than BKLC's maximum drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for SPTM and BKLC.

Drawdown Indicators

	SPTM	BKLC	Difference
Max Drawdown Largest peak-to-trough decline	-54.80%	-26.14%	-28.66%
Max Drawdown (1Y) Largest decline over 1 year	-12.21%	-12.05%	-0.16%
Max Drawdown (5Y) Largest decline over 5 years	-24.14%	-26.14%	+2.00%
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	—	—
Current Drawdown Current decline from peak	-6.07%	-6.40%	+0.33%
Average Drawdown Average peak-to-trough decline	-9.10%	-5.40%	-3.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	2.58%	-0.05%

Volatility

SPTM vs. BKLC - Volatility Comparison

SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and BNY Mellon US Large Cap Core Equity ETF (BKLC) have volatilities of 5.32% and 5.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPTM	BKLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	5.41%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	9.52%	9.69%	-0.17%
Volatility (1Y) Calculated over the trailing 1-year period	18.32%	18.48%	-0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.88%	17.18%	-0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	17.59%	+0.44%