BNY Mellon US Large Cap Core Equity ETF
$49.75−0.04 (−0.08%)
- 0.00%
- $6.7B
- +19.7%
- 0.6M sh
- $49.76
- low $40.21high $50.01
The ETF.net BKLC Grade
A
Score 84 out of 100
- 1 of 29
Score 84 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.A100 out of 100Rank 1 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 22Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 7 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B69 out of 100Rank 7 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 13 of 28Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 8 of 29
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
- 505
- 39%
- NVDA
Sectors
- Technology40.2%
- Financials10.9%
- Communication10.1%
- Health Care9.4%
- Consumer Discretionary8.8%
- Industrials7.8%
- Consumer Staples4.2%
- Energy3.5%
- Utilities1.8%
- Materials1.7%
- Real Estate1.5%
Geography
- United States97.70%
- Ireland0.88%
- United Kingdom0.47%
- Singapore0.27%
- Switzerland0.24%
- Uruguay0.13%
- Netherlands0.11%
- Cayman Islands0.08%
- 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.
Not enough history yet.
BKLC$11,971
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 | BKLC |
|---|---|
| Year to date | +14.8% |
| 1 month | +2.2% |
| 3 months | +3.5% |
| 1 year | +19.7% |
| 3 years | +23.0% |
| 5 years | +13.9% |
| 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 | +14.8% | |
| 2025 | +16.7% | |
| 2024 | +25.6% | |
| 2023 | +30.4% | |
| 2022 | −20.5% | |
| 2021 | +27.4% | |
| 2020 | +37.4% |
BKLC in the news
BKLC Dividends
- $0.13 per share
- Quarterly
Distribution data unavailable.
Distribution history
BKLC Risk
- 12.8%
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.
- 1.34
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%
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- AVVVanguard Morningstar Large-Cap ETFExpense ratio 0.03%1 year return +20.3%
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