BNY Mellon Ultra Short Income ETF
$49.55−0.04 (−0.07%)
- Expense ratio
- 0.13%
- Fund size
- $588M
- 1Y return
- +3.5%
- Yield · Last 12 months
- 4.11%
- Holdings
- 150
- Volume · 30D
- 0M sh
- NAV per share
- $49.58
- 52W range
The ETF.net BKUI Grade
Score 73 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 79Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 50Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 46Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 75Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 58Category rank
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
- 150
- 25%
- TOTALENERGIES CAP 0.0 24SEP26 144A 0926
Geography
- United States68.18%
- Canada10.06%
- United Kingdom7.33%
- Japan5.77%
- Australia3.03%
- Netherlands1.73%
- Singapore1.62%
- France1.54%
- 0.73%
BKUI 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 | BKUI |
|---|---|
| Year to date | +2.3% |
| 1 month | +0.1% |
| 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 | +2.3% | |
| 2025 | +4.9% | |
| 2024 | +5.5% | |
| 2023 | +5.7% | |
| 2022 | −0.1% | |
| 2021 | −0.2% |
BKUI in the news
ETF.net Research hasn’t filed on BKUI yet — coverage lands here as it’s written.
BKUI Dividends
- 4.11%
- $2.04
- $0.16 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.16 |
| Aug 3, 2026 | Aug 6, 2026 | $0.17 |
| Jul 1, 2026 | Jul 7, 2026 | $0.17 |
| Jun 1, 2026 | Jun 4, 2026 | $0.16 |
| May 1, 2026 | May 6, 2026 | $0.17 |
| Apr 1, 2026 | Apr 7, 2026 | $0.14 |
| Mar 2, 2026 | Mar 5, 2026 | $0.16 |
| Feb 2, 2026 | Feb 5, 2026 | $0.16 |
| Dec 29, 2025 | Jan 2, 2026 | $0.21 |
| Dec 1, 2025 | Dec 4, 2025 | $0.16 |
| Nov 3, 2025 | Nov 6, 2025 | $0.19 |
| Oct 1, 2025 | Oct 6, 2025 | $0.19 |
BKUI Risk
- 0.5%
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.
- 0.72
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
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
14 of the 77 Cash & Ultra-Short Income funds charge less.