BNY Mellon Core Bond ETF
$40.44−0.35 (−0.87%)
- Expense ratio
- 0.00%
- Fund size
- $2.4B
- 1Y return
- −0.0%
- Yield · Last 12 months
- 4.35%
- Holdings
- 4218
- Volume · 30D
- 0.2M sh
- NAV per share
- $40.77
- 52W range
The ETF.net BKAG Grade
Score 82 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 100Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 68Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 74Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 72Category rank
Our read on BKAG
AA core bond index fund that charges nothing. BKAG tracks the same Bloomberg US Aggregate benchmark the giants track, at a 0.00% expense ratio, and has been doing it since 2020.
The fund seeks to track the Bloomberg US Aggregate Total Return Index.
Why people hold it
- A 0.00% expense ratio. The median fund in the core bond group charges 0.36%, and even the cheap giants (BND, SPAB, SCHZ) charge 0.03%.
- Tracks the Bloomberg US Aggregate Total Return Index tightly, one of the closest index-following records in its peer group.
- Broad by design: roughly 4,000 bonds in the portfolio, with distributions paid monthly rather than quarterly.
- A multi-billion-dollar fund from BNY Mellon, wrapped in a standard 1940 Act ETF structure with no exotic mechanics.
Worth knowing
- Rate risk is the trade-off. This is full-market bond exposure, and bond prices move opposite interest rates. Volatility is the weakest part of its profile.
- Moderately traded, not one of the volume monsters in the category. Spreads and limit orders matter more here than with the largest core bond names.
- At zero, the fee edge over 0.03% rivals is real but small in dollar terms, so tracking and trading costs do more of the work.
BKAG Holdings
- Bonds
- 4,218
- 8%
- DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT MONEY M
Geography
- United States92.54%
- Canada1.54%
- United Kingdom0.99%
- Japan0.74%
- Luxembourg0.58%
- Mexico0.43%
- Germany0.36%
- Philippines0.33%
- 2.49%
BKAG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BKAG |
|---|---|
| Year to date | −1.0% |
| 1 month | −0.9% |
| 3 months | −1.4% |
| 1 year | −0.0% |
| 3 years | +4.3% |
| 5 years | −0.6% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BKAG |
|---|---|---|
| 2026 YTD | −1.0% | |
| 2025 | +7.2% | |
| 2024 | +1.2% | |
| 2023 | +5.7% | |
| 2022 | −13.3% | |
| 2021 | −1.5% | |
| 2020 | +2.2% |
BKAG in the news
ETF.net Research hasn’t filed on BKAG yet — coverage lands here as it’s written.
BKAG Dividends
- 4.35%
- $1.77
- $0.14 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.14 |
| Aug 3, 2026 | Aug 6, 2026 | $0.15 |
| Jul 1, 2026 | Jul 7, 2026 | $0.16 |
| Jun 1, 2026 | Jun 4, 2026 | $0.14 |
| May 1, 2026 | May 6, 2026 | $0.15 |
| Apr 1, 2026 | Apr 7, 2026 | $0.17 |
| Mar 2, 2026 | Mar 5, 2026 | $0.14 |
| Feb 2, 2026 | Feb 5, 2026 | $0.14 |
| Dec 29, 2025 | Jan 2, 2026 | $0.09 |
| Dec 1, 2025 | Dec 4, 2025 | $0.20 |
| Nov 3, 2025 | Nov 6, 2025 | $0.15 |
| Oct 1, 2025 | Oct 6, 2025 | $0.16 |
BKAG Risk
- 5.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.08
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BKAG Cost
- 0.00%