BNY Mellon US Large Cap Core Equity ETF
$49.27−0.34 (−0.68%)
- Expense ratio
- 0.00%
- Fund size
- $5.9B
- 1Y return
- +16.1%
- Yield · Last 12 months
- Data unavailable
- Holdings
- 502
- Volume · 30D
- 0.4M sh
- NAV per share
- $49.60
- 52W range
The ETF.net BKLC Grade
Score 83 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 99Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 44Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 86Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 61Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
Our read on BKLC
ABNY launched BKLC in April 2020 as one of the first US stock ETFs with a 0.00% fee, no waiver, no expiration date. It still charges nothing to hold roughly 500 large US companies, while the typical fund in its peer group charges 0.14%.
The fund seeks to track the performance of the Solactive GBS United States 500 Index TR.
Why people hold it
- The fee is zero, not 'nearly zero.' No management fee and no waiver waiting to expire, against a 0.14% median in its large-cap peer group.prnewswire.comsec.gov
- Even the discount giants charge something: SCHX and VV at 0.03%, VONE at 0.06%. BKLC's expense line reads 0.00%.
- Boring by design: a rules-based basket of about 500 large US stocks tracking the Solactive GBS United States 500 Index, and the tracking has been tight.
- Not a novelty product. It is a multi-billion-dollar fund run by BNY, and it pays distributions quarterly.
Worth knowing
- Zero fee is not zero cost. You still cross the bid-ask spread, and BKLC trades at moderate volume rather than the wall-to-wall liquidity of the biggest index funds.
- One country, one asset class, one size band: US large-cap stocks. No bonds, no international, no small caps.
- It opened in April 2020, so its live record is shorter than large-cap index rivals that have been running for decades.prnewswire.com
BKLC Holdings
- Stocks
- 502
- 38%
- NVDA
Sectors
- Technology38.5%
- Financials11.8%
- Communication9.6%
- Health Care9.5%
- Consumer Discr.9.4%
- Industrials8.0%
- Cons. Staples4.3%
- Energy3.6%
- Utilities2.0%
- Materials1.8%
- Real Estate1.6%
Geography
- United States97.69%
- Ireland0.89%
- United Kingdom0.47%
- Singapore0.27%
- Switzerland0.25%
- Uruguay0.13%
- Netherlands0.11%
- Cayman Islands0.06%
- 0.12%
BKLC 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 | BKLC |
|---|---|
| Year to date | +14.1% |
| 1 month | +1.4% |
| 3 months | +4.3% |
| 1 year | +16.1% |
| 3 years | +23.2% |
| 5 years | +13.4% |
| 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 | BKLC |
|---|---|---|
| 2026 YTD | +14.1% | |
| 2025 | +16.7% | |
| 2024 | +25.6% | |
| 2023 | +30.4% | |
| 2022 | −20.5% | |
| 2021 | +27.4% | |
| 2020 | +37.4% |
BKLC in the news
ETF.net Research hasn’t filed on BKLC yet — coverage lands here as it’s written.
BKLC Dividends
- $0.13 per share
- Quarterly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jul 1, 2026 | Jul 7, 2026 | $0.13 |
| Apr 1, 2026 | Apr 7, 2026 | Data unavailable |
| Dec 29, 2025 | Jan 2, 2026 | Data unavailable |
| Oct 1, 2025 | Oct 6, 2025 | Data unavailable |
| Jul 1, 2025 | Jul 7, 2025 | Data unavailable |
| Apr 1, 2025 | Apr 4, 2025 | Data unavailable |
| Dec 27, 2024 | Jan 2, 2025 | $0.12 |
| Oct 1, 2024 | Oct 4, 2024 | $0.11 |
| Jul 1, 2024 | Jul 5, 2024 | $0.11 |
| Apr 1, 2024 | Apr 5, 2024 | $0.11 |
| Dec 27, 2023 | Jan 3, 2024 | $0.12 |
| Oct 2, 2023 | Oct 6, 2023 | $0.10 |
BKLC Risk
- 13.2%
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.
- 1.18
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.
- −26.2%
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.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BKLC Cost
- 0.00%