BNY Mellon High Yield ETF
$46.39−0.31 (−0.66%)
- Expense ratio
- 0.22%
- Fund size
- $171M
- 1Y return
- +3.0%
- Yield · Last 12 months
- 7.46%
- Holdings
- 1621
- Volume · 30D
- 0M sh
- NAV per share
- $46.72
- 52W range
The ETF.net BKHY Grade
Score 76 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 83Category 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 53Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 46Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 87Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 60Category rank
Our read on BKHY
AJunk bonds, whole hog. BKHY mirrors the Bloomberg index that defines the US high yield market, roughly 1,600 issues deep, for 0.22% a year. A broad, low-fee tracker that happens to be one of the smaller names on the shelf.
The fund uses a rules-based, systematic strategy to track a high-yield bond index. It normally invests at least 80% of its assets in bonds from that index, while similar derivatives may also be used.
Why people hold it
- Charges 0.22% a year, comfortably below the typical fee in the high yield ETF crowd.
- Holds roughly 1,600 bonds against the Bloomberg US Corporate High Yield Total Return Index, the market's standard benchmark, not a trimmed liquid subset of it.
- Rules-based by prospectus: at least 80% of assets in index bonds. It has hugged that benchmark about as closely as anything in its peer group.
- Distributions come monthly, not quarterly.
Worth knowing
- It trades thinly and runs small, so spreads can be wider and big orders can push the price more than in the category's heavyweights.
- SCYB tracks the same high yield index for a fraction of the fee, and SPHY and USHY sit in single-digit basis points too.
- High yield means below-investment-grade credit. This portfolio reacts to default worries and spread swings, not just interest rates.
BKHY Holdings
- Bonds
- 1,621
- 5%
- Net Current Assets
Geography
- United States85.92%
- Canada4.05%
- United Kingdom2.09%
- Luxembourg2.04%
- France0.98%
- Cayman Islands0.73%
- Netherlands0.70%
- Ireland0.63%
- 2.87%
BKHY 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 | BKHY |
|---|---|
| Year to date | +1.9% |
| 1 month | −0.7% |
| 3 months | −0.1% |
| 1 year | +3.0% |
| 3 years | +8.5% |
| 5 years | +3.7% |
| 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 | BKHY |
|---|---|---|
| 2026 YTD | +1.9% | |
| 2025 | +8.5% | |
| 2024 | +8.4% | |
| 2023 | +12.4% | |
| 2022 | −11.0% | |
| 2021 | +4.8% | |
| 2020 | +17.8% |
BKHY in the news
ETF.net Research hasn’t filed on BKHY yet — coverage lands here as it’s written.
BKHY Dividends
- 7.46%
- $3.48
- $0.26 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.26 |
| Aug 3, 2026 | Aug 6, 2026 | $0.28 |
| Jul 1, 2026 | Jul 7, 2026 | $0.27 |
| Jun 1, 2026 | Jun 4, 2026 | $0.26 |
| May 1, 2026 | May 6, 2026 | $0.28 |
| Apr 1, 2026 | Apr 7, 2026 | $0.43 |
| Mar 2, 2026 | Mar 5, 2026 | $0.24 |
| Feb 2, 2026 | Feb 5, 2026 | $0.26 |
| Dec 29, 2025 | Jan 2, 2026 | $0.39 |
| Dec 1, 2025 | Dec 4, 2025 | $0.25 |
| Nov 3, 2025 | Nov 6, 2025 | $0.28 |
| Oct 1, 2025 | Oct 6, 2025 | $0.30 |
BKHY Risk
- 4.5%
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.
- 0.81
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.
- −15.9%
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.
- 0.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BKHY Cost
- The middle half of US High Yield funds
- Median 0.43%
13 of the 84 US High Yield funds charge less.