BNY Mellon Ultra Short Income ETF
$49.55+0.01 (+0.03%)
- 0.13%
- $785M
- +3.5%
- 4.00%
- 0.1M sh
- $49.54
- low $49.47high $49.96
The ETF.net BKUI Grade
A
Score 74 out of 100
- 16 of 78
Score 74 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.A79 out of 100Rank 15 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 66Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 37 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 32 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A76 out of 100Rank 15 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B59 out of 100Rank 36 of 78
Our read on BKUI
ABNY's take on the parked-cash corner: an investment-grade ultra-short bond fund at 0.13% a year, spread across roughly 160 positions, paying income monthly.
The fund seeks high current income while maintaining liquidity and limiting principal volatility. It normally invests at least 80% of net assets in investment-grade, U.S.-dollar fixed, variable or floating-rate debt or cash equivalents.
Why people hold it
- 0.13% a year undercuts the ultra-short category's typical fee, and lands below top-rated peers like SHV, PULS and DUSB at 0.15%.
- The mandate is plain-spoken: at least 80% of net assets in investment-grade dollar debt (fixed, variable or floating rate) or cash equivalents.
- Income arrives monthly, and the book spreads across roughly 160 positions rather than a handful of bills.
- Sits in the upper tier of a crowded ultra-short field of nearly 30 funds on our review.
Worth knowing
- The goal is limited principal volatility, not zero. This is short-dated credit, not a deposit account, so the share price can move.
- With floating and variable-rate paper in the mix, the monthly payout floats with short-term rates instead of holding a set coupon.
- Trading is moderate rather than the deepest in the category, which matters most on large orders.
BKUI Holdings
- Bonds
- 151
- 25%
- Ontario Prov Disc Coml 0.0 29OCT26 1026
Geography
- United States70.92%
- United Kingdom8.99%
- Canada8.19%
- Japan4.75%
- Australia2.49%
- Netherlands1.43%
- Singapore1.34%
- France1.27%
- 0.61%
BKUI 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.
BKUI$10,346
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 | BKUI |
|---|---|
| Year to date | +2.5% |
| 1 month | +0.3% |
| 3 months | +0.8% |
| 1 year | +3.5% |
| 3 years | +4.9% |
| 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 | BKUI |
|---|---|---|
| 2026 YTD | +2.5% | |
| 2025 | +4.9% | |
| 2024 | +5.5% | |
| 2023 | +5.7% | |
| 2022 | −0.1% | |
| 2021 | −0.2% |
BKUI in the news
BKUI Dividends
- 4.00%
- $1.98
- $0.14 per share
- Monthly
Distribution history
BKUI Risk
- 0.6%
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.
- 0.71
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.
- −1.7%
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.
- 0.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BKUI Cost
0.13%
BKUI0.13%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
14 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- ABILSState Street SPDR Bloomberg 3-12 Month T-Bill ETFExpense ratio 0.14%1 year return +3.6%
- ASHViShares Trust iShares 0-1 Year Treasury Bond ETFExpense ratio 0.15%1 year return +3.6%
- ADUSBDimensional Ultrashort Fixed Income ETFExpense ratio 0.15%1 year return +3.6%
- ABILZPIMCO Ultra Short Government Active Exchange-Traded FundExpense ratio 0.14%1 year return +3.7%
- AJPSTJPMorgan Ultra-Short Income ETFExpense ratio 0.18%1 year return +3.5%