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ETFs

BNY Mellon US Mid Cap Core Equity ETF

BKMC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 09 2020
Expense Ratio
0.04%
Type
US Equities
Fund Owner
BNY Mellon
Volume (1m avg. daily)
$1,075,376
AUM
$415,612,771
Associated Index
Morningstar U.S. Mid Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NXPI
NXP Semiconductors NV
0.63%
PH
Parker-Hannifin Corp.
0.61%
WDAY
Workday Inc - Ordinary Shares - Class A
0.59%
TDG
Transdigm Group Incorporated
0.58%
TT
Trane Technologies plc - Ordinary Shares - Class A
0.57%
MRVL
Marvell Technology Inc
0.56%
PCAR
Paccar Inc.
0.55%
CARR
Carrier Global Corp
0.55%
AIG
American International Group Inc
0.54%
WELL
Welltower Inc.
0.53%
Invest with BKMC

What is BKMC?

The fund seeks to track the performance of the Morningstar US Mid Cap Index. The Morningstar U.S. Mid Cap Index is a float-adjusted market capitalization weighted index designed to measure the performance of U.S. medium-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 toBKMC

ETFs correlated to BKMC include IMCB, IWR, VO

BKMC
BNY Mellon ETF Trust - BNY Mellon US Mid Cap Core Equity ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth 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 toBKMC

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BKMC using Composer

FAQ

BKMC is a US Equities ETF. The fund seeks to track the performance of the Morningstar US Mid Cap Index. The Morningstar U.S. Mid Cap Index is a float-adjusted market capitalization weighted index designed to measure the performance of U.S. medium-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.

BKMC tracks the Morningstar U.S. Mid Cap Index.

No, BKMC 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, BKMC 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 BKMC is -0.0176%. This is the percent change in the value of BKMC over the most recent 1-month period. The 3-month return on BKMC is -0.0156%. This is the percent change in the value of BKMC over the most recent 3-month period.

The standard deviation of BKMC for the past year is 0.1907%. 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 BKMC include IVV, MDY, and IJR.

ETFs correlated to BKMC include IMCB, IWR, and VO.

ETFs that are inversely correlated to BKMC include RWM, TWM, and TZA.

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.