ETF Filings
Vanguard files for a U.S. small-mid cap active ETF after last year’s three reached $161 million
BNY Mellon US Mid Cap Core Equity ETF
$38.74−0.11 (−0.27%)
- 0.04%
- $641M
- +10.9%
- 0M sh
- $38.84
- low $34.30high $42.07
The ETF.net BKMC Grade
A
Score 70 out of 100
- 5 of 13
Score 70 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.A86 out of 100Rank 1 of 13Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D34 out of 100Rank 12 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D27 out of 100Rank 12 of 13Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A83 out of 100Rank 2 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C41 out of 100Rank 11 of 13
Our read on BKMC
AAbout 400 US mid-caps for four basis points, from BNY Mellon's cut-rate ETF shelf. The fee undercuts most of the mid-cap field; the trade-off is a thinner tape than the household names.
The fund seeks to track the Solactive GBS United States 400 Index TR.
Why people hold it
- Costs 0.04% a year, well under the 0.15% median for US mid-cap funds and level with the cheapest of the big index shops (IMCB).
- Tracks the Solactive GBS United States 400 Index tightly, with roughly 400 names spreading single-stock risk across the whole mid-cap band.
- Straight index core equity in a standard 1940 Act fund: one benchmark, no sector tilts, quarterly distributions.
Worth knowing
- Thinly traded next to the mid-cap heavyweights, which tends to mean wider bid-ask spreads and more price impact on big orders.
- Launched in 2020, so the live track record is short compared with mid-cap index funds that have run for decades.
- VO and SCHM shave another basis point off the fee and carry far heavier trading, so the cost edge here is about matching the field, not leading it.
BKMC Holdings
- Stocks
- 405
- 5%
- THC
Sectors
- Industrials19.3%
- Technology16.7%
- Health Care14.3%
- Financials13.5%
- Consumer Discretionary10.1%
- Real Estate8.7%
- Materials4.2%
- Consumer Staples4.1%
- Energy3.5%
- Communication3.3%
- Utilities2.3%
Geography
- United States96.64%
- Ireland0.85%
- Bermuda0.56%
- United Kingdom0.50%
- China0.37%
- Puerto Rico0.27%
- Canada0.26%
- Luxembourg0.20%
- 0.34%
BKMC 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.
BKMC$11,092
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 | BKMC |
|---|---|
| Year to date | +7.6% |
| 1 month | −2.5% |
| 3 months | −3.7% |
| 1 year | +10.9% |
| 3 years | +14.5% |
| 5 years | +6.3% |
| 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 | BKMC |
|---|---|---|
| 2026 YTD | +7.6% | |
| 2025 | +7.2% | |
| 2024 | +13.8% | |
| 2023 | +17.0% | |
| 2022 | −16.0% | |
| 2021 | +23.9% | |
| 2020 | +45.9% |
BKMC in the news
BKMC Dividends
- $0.14 per share
- Quarterly
Distribution data unavailable.
Distribution history
BKMC Risk
- 15.8%
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.
- 0.63
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.
- −25.0%
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.
BKMC Cost
0.04%
BKMC0.04%
- The middle half of US Mid-Cap funds
- Median 0.15%
2 of the 13 US Mid-Cap funds charge less.
Other funds in US Mid-Cap
- AVOVanguard Morningstar Mid-Cap ETFExpense ratio 0.03%1 year return +14.7%
- AIWRiShares Russell Mid-Cap ETFExpense ratio 0.18%1 year return +17.9%
- BBBMCJPMorgan BetaBuilders U.S. Mid Cap Equity ETFExpense ratio 0.07%1 year return +21.5%
- BIQSMNYLI Candriam U.S. Mid Cap Equity ETFExpense ratio 0.15%1 year return +18.4%
- BQQQJInvesco NASDAQ Next Gen 100 ETFExpense ratio 0.15%1 year return +28.4%