BNY Mellon High Yield ETF
$45.71−0.12 (−0.25%)
- 0.22%
- $160M
- +2.6%
- 7.56%
- 0M sh
- $45.74
- low $45.29high $48.73
The ETF.net BKHY Grade
A
Score 77 out of 100
- 10 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 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 27 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 33 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A85 out of 100Rank 12 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
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
- 1,582
- 5%
- Net Current Assets
Geography
- United States85.46%
- Canada4.25%
- Luxembourg2.02%
- United Kingdom2.01%
- Japan1.23%
- France0.93%
- Netherlands0.65%
- Ireland0.64%
- 2.80%
BKHY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
BKHY$10,262
Returns run to the Oct 12, 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 | −1.2% |
| 3 months | −1.5% |
| 1 year | +2.6% |
| 3 years | +8.4% |
| 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 | +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
- 4.8%
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.
- 0.70
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
0.22%
BKHY0.22%
- The middle half of US High Yield funds
- Median 0.43%
14 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- ASHYLXtrackers Short Duration High Yield Bond ETFExpense ratio 0.20%1 year return +2.8%
- AXBBBondBloxx BB Rated USD High Yield Corporate Bond ETFExpense ratio 0.20%1 year return +3.0%
- ANHYBNuveen High Yield Corporate BondExpense ratio 0.08%1 year return +3.1%
- AGHYBGoldman Sachs Access High Yield Corporate Bond ETFExpense ratio 0.15%1 year return +2.4%
- AHYBBiShares BB Rated Corporate Bond ETFExpense ratio 0.25%1 year return +2.5%