Bny Mellon Etf Profile
| BKCI Etf | USD 49.24 0.67 1.38% |
Performance0 of 100
| Odds Of DistressLess than 9
|
BNY Mellon is trading at 49.24 as of the 3rd of May 2024. This is a 1.38 percent increase since the beginning of the trading day. The etf's open price was 48.57. BNY Mellon has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for BNY Mellon ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
The fund normally invests primarily in equity securities of foreign companies located in developed markets, excluding the U.S. BNY Mellon is traded on NYSEARCA Exchange in the United States. More on BNY Mellon ETF
Moving together with BNY Etf
| 0.83 | EFG | iShares MSCI EAFE | PairCorr |
| 0.89 | VIGI | Vanguard International | PairCorr |
| 0.63 | DNL | WisdomTree Global | PairCorr |
| 0.62 | FPXI | First Trust International | PairCorr |
BNY Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BNY Mellon's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BNY Mellon or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Foreign Large Growth, BNY Mellon (View all Sectors) |
| Issuer | BNY Mellon Investment Management |
| Inception Date | 2021-12-06 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 115.74 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Global ex-U.S. |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | BNY Mellon ETF Investment Adviser, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | BNY Mellon Securities Corporation |
| Portfolio Manager | Roy Leckie, Charlie Macquaker, Jane Henderson. |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 36.0 |
| Market Maker | Flow Traders |
| Total Expense | 0.8 |
| Management Fee | 0.8 |
| Country Name | USA |
| Returns Y T D | (1.11) |
| Name | BNY Mellon ETF Trust - BNY Mellon Concentrated International ETF |
| Currency Code | USD |
| Open Figi | BBG013VPCK31 |
| 1y Volatility | 14.49 |
| 200 Day M A | 47.5759 |
| 50 Day M A | 50.4222 |
| Code | BKCI |
| Updated At | 2nd of May 2024 |
| Currency Name | US Dollar |
| Type | ETF |
BNY Mellon ETF [BKCI] is traded in USA and was established 2021-12-06. The fund is listed under Foreign Large Growth category and is part of BNY Mellon family. The entity is thematically classified as Strategy ETFs. BNY Mellon ETF currently have 54.69 M in assets under management (AUM). , while the total return for the last year was 2.3%.
Check BNY Mellon Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on BNY Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding BNY Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as BNY Mellon ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
BNY Mellon ETF Currency Exposure
BNY Mellon ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of BNY Mellon will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in BNY Mellon ETF.
Top BNY Mellon ETF Etf Constituents
| AI | Air Liquide SA | Stock | Chemicals |
| ANCTF | Alimentation Couchen Tard | Pink Sheet | Specialty Retail |
| CNR | Canadian National Railway | Stock | Industrials |
| SAP | SAP SE | Stock | Software-Application |
| CSL | CSL | Stock | Health Care |
| ROG | Roche Holding AG | Stock | Drug Manufacturers—General |
| COLO-B | Coloplast AS | Stock | Medical Instruments & Supplies |
BNY Mellon Target Price Odds Analysis
Coming from a normal probability distribution, the odds of BNY Mellon jumping above the current price in 90 days from now is about 82.93%. The BNY Mellon ETF probability density function shows the probability of BNY Mellon etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.0319 suggesting BNY Mellon ETF market returns are responsive to returns on the market. As the market goes up or down, BNY Mellon is expected to follow. Additionally, bNY Mellon ETF has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of BNY Mellon to move above the current price in 90 days from now is about 82.93 (This BNY Mellon ETF probability density function shows the probability of BNY Etf to fall within a particular range of prices over 90 days) .
BNY Mellon ETF Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. BNY Mellon market risk premium is the additional return an investor will receive from holding BNY Mellon long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BNY Mellon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although BNY Mellon's alpha and beta are two of the key measurements used to evaluate BNY Mellon's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.02) |
BNY Mellon Against Markets
Picking the right benchmark for BNY Mellon etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BNY Mellon etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BNY Mellon is critical whether you are bullish or bearish towards BNY Mellon ETF at a given time. Please also check how BNY Mellon's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in BNY Mellon without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy BNY Etf?
Before investing in BNY Mellon, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BNY Mellon. To buy BNY Mellon etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BNY Mellon. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase BNY Mellon etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BNY Mellon ETF etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased BNY Mellon ETF etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as BNY Mellon ETF, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy BNY Etf please use our How to Invest in BNY Mellon guide.
Already Invested in BNY Mellon ETF?
The danger of trading BNY Mellon ETF is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BNY Mellon is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BNY Mellon. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BNY Mellon ETF is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether BNY Mellon ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BNY Mellon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bny Mellon Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bny Mellon Etf: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BNY Mellon ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the BNY Mellon ETF information on this page should be used as a complementary analysis to other BNY Mellon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of BNY Mellon ETF is measured differently than its book value, which is the value of BNY that is recorded on the company's balance sheet. Investors also form their own opinion of BNY Mellon's value that differs from its market value or its book value, called intrinsic value, which is BNY Mellon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BNY Mellon's market value can be influenced by many factors that don't directly affect BNY Mellon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BNY Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine if BNY Mellon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNY Mellon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.