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ETFs

BNY Mellon US Large Cap Core Equity ETF

BKLC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 09 2020
Expense Ratio
0.00%
Type
US Equities
Fund Owner
BNY Mellon
Volume (1m avg. daily)
$6,656,889
AUM
$1,717,109,014
Associated Index
Morningstar U.S. Large Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
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Amazon.com Inc.
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NVIDIA Corp
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Alphabet Inc - Ordinary Shares - Class A
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Tesla Inc
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META
Meta Platforms Inc - Ordinary Shares - Class A
2.18%
GOOG
Alphabet Inc - Ordinary Shares - Class C
2.18%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
2.15%
UNH
Unitedhealth Group Inc
1.53%
Invest with BKLC

What is BKLC?

The fund normally invests substantially all of its assets in equity securities comprising the Morningstar US Large Cap Index. The Morningstar US Large Cap Index is a float-adjusted market capitalization weighted index designed to measure the performance of U.S. large-capitalization stocks. The index s initial universe of eligible securities includes common stock, tracking stock and shares of real estate investment trusts (REITs) issued by U.S. companies and traded on the New York Stock Exchange, NASDAQ or NYSE Market LLC.

ETFs related toBKLC

ETFs correlated to BKLC include IWL, MGC, EFIV

BKLC
BNY Mellon ETF Trust - BNY Mellon US Large Cap Core Equity ETF
IWL
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 ETF
MGC
Vanguard Group, Inc. - Vanguard Mega Cap 300 Index ETF
EFIV
SPDR Series Trust - SPDR S&P 500 ESG ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SNPE
DBX ETF Trust - Xtrackers S&P 500 ESG ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBKLC

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#BUFF

Copy Warren Buffett

Category

Classic, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BKLC using Composer

FAQ

BKLC is a US Equities ETF. The fund normally invests substantially all of its assets in equity securities comprising the Morningstar US Large Cap Index. The Morningstar US Large Cap Index is a float-adjusted market capitalization weighted index designed to measure the performance of U.S. large-capitalization stocks. The index s initial universe of eligible securities includes common stock, tracking stock and shares of real estate investment trusts (REITs) issued by U.S. companies and traded on the New York Stock Exchange, NASDAQ or NYSE Market LLC.

BKLC tracks the Morningstar U.S. Large Cap Index.

No, BKLC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BKLC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BKLC is -0.004%. This is the percent change in the value of BKLC over the most recent 1-month period. The 3-month return on BKLC is 0.0131%. This is the percent change in the value of BKLC over the most recent 3-month period.

The standard deviation of BKLC for the past year is 0.1738%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BKLC include IJH, MDY, and IJR.

ETFs correlated to BKLC include IWL, MGC, and EFIV.

ETFs that are inversely correlated to BKLC include SPXS, SDS, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.