Bny Mellon Etf Profile
| BKSE Etf | USD 100.96 0.10 0.1% |
Performance7 of 100
| Odds Of DistressLess than 9
|
BNY Mellon is trading at 100.96 as of the 31st of October 2024, a 0.1 percent decrease since the beginning of the trading day. The etf's lowest day price was 100.96. BNY Mellon has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during 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 4th of May 2024 and ending today, the 31st of October 2024. Click here to learn more.
Under normal circumstances, the fund generally invests in all of the stocks in the index in proportion to their weighting in the index. BNY Mellon is traded on NYSEARCA Exchange in the United States. More on BNY Mellon ETF
Moving together with BNY Etf
BNY Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Small Cap ETFs, Small Blend, BNY Mellon (View all Sectors) |
| Issuer | BNY Mellon Investment Management |
| Inception Date | 2020-04-09 |
| Benchmark | Morningstar US Small Cap Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 120.76 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | BNY Mellon ETF Investment Adviser, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | The Bank of New York Mellon Corporation |
| Portfolio Manager | Thomas Durante, Richard A. Brown |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 604 |
| Market Maker | Flow Traders |
| Total Expense | 0.04 |
| Management Fee | 0.04 |
| Country Name | USA |
| Returns Y T D | 9.34 |
| Name | BNY Mellon ETF Trust - BNY Mellon US Small Cap Core Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00RYR6KV8 |
| In Threey Volatility | 21.9 |
| 1y Volatility | 21.42 |
| 200 Day M A | 94.7974 |
| 50 Day M A | 99.6125 |
| Code | BKSE |
| Updated At | 31st of October 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.12 |
BNY Mellon ETF [BKSE] is traded in USA and was established 2020-04-07. The fund is listed under Small Blend category and is part of BNY Mellon family. The entity is thematically classified as Size And Style ETFs. BNY Mellon ETF currently have 32.55 M in assets under management (AUM). , while the total return for the last 3 years was 2.6%.
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
| FSLY | Fastly Inc | Stock | Information Technology | |
| NCLH | Norwegian Cruise Line | Stock | Consumer Discretionary | |
| STOR | STORE Capital Corp | Stock | Real Estate | |
| SEDG | SolarEdge Technologies | Stock | Information Technology | |
| CVNA | Carvana Co | Stock | Consumer Discretionary | |
| EWBC | East West Bancorp | Stock | Financials | |
| FANG | Diamondback Energy | Stock | Energy | |
| NVAX | Novavax | Stock | Health Care |
BNY Mellon ETF Risk Profiles
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.
| Risk Adjusted Performance | 0.0164 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.02) |
BNY Mellon Against Markets
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 closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.