
BNY Mellon High Yield ETF
$45.60+0.03 (+0.06%)
- 0.22%
- $156M
- +1.7%
- 7.56%
- 29.1K sh
- low $45.29high $48.56
The ETF.net BKHY Grade
Score 77 out of 100
- 11 of 85
Score 77 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A83 out of 100Rank 15 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 77Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 41 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 34 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A85 out of 100Rank 15 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B56 out of 100Rank 38 of 85
Our read on BKHY
In short
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.
Stated mandate
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
Worth knowing
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 Oct 30, 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 | +0.6% |
| 1 month | +0.6% |
| 3 months | −1.2% |
| 1 year | +1.7% |
| 3 years | +8.5% |
| 5 years | +3.6% |
| 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 | BKHY |
|---|---|---|
| 2026 YTD | +0.6% | |
| 2025 | +8.5% | |
| 2024 | +8.4% | |
| 2023 | +12.4% | |
| 2022 | −11.0% | |
| 2021 | +4.8% | |
| 2020 | +17.8% |
BKHY in the news
BKHY Dividends
- 7.56%
- $3.47
- $0.28 per share
- Monthly
Distribution history
BKHY Risk
- 4.7%
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.
- 0.84
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.
FMP measures it over up to five years of monthly returns.
BKHY Cost
Overpaying vs SCYB, cheapest in US High Yield
$3,920
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
BKHY 0.22%
$4,558
SCYB 0.03% Cheapest
$638
Cost over time
Year by year
| Year | BKHY | SCYB | Overpaying |
|---|---|---|---|
| 10 | $401 | $55 | $346 |
| 20 | $1,561 | $216 | $1,345 |
| 30 | $4,558 | $638 | $3,920 |
Other funds in US High Yield
- ANHYBNuveen High Yield Corporate BondExpense ratio 0.08%1 year return +2.3%
- ASHYLXtrackers Short Duration High Yield Bond ETFExpense ratio 0.20%1 year return +1.7%
- AGHYBGoldman Sachs Access High Yield Corporate Bond ETFExpense ratio 0.15%1 year return +1.6%
- AHYBBiShares BB Rated Corporate Bond ETFExpense ratio 0.25%1 year return +2.3%
- AJNKState Street SPDR Bloomberg High Yield Bond ETFExpense ratio 0.40%1 year return +2.0%




