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ETFs

BNY Mellon ETF Trust BNY Mellon Women's Opportunities ETF

BKWO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 16 2023
Expense Ratio
0.50%
Type
US Equities
Fund Owner
BNY Mellon
Volume (1m avg. daily)
$844
AUM
$10,212,748
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

MSFT
Microsoft Corporation
7.52%
AMZN
Amazon.com Inc.
5.41%
JPM
JPMorgan Chase & Co.
3.45%
LLY
Lilly(Eli) & Co
3.40%
ABBV
Abbvie Inc
3.36%
MA
Mastercard Incorporated - Ordinary Shares - Class A
3.09%
INTU
Intuit Inc
2.95%
NVDA
NVIDIA Corp
2.93%
FDX
Fedex Corp
2.82%
PGR
Progressive Corp.
2.65%
Invest with BKWO

What is BKWO?

The fund seeks long-term capital growth, and looks to invest principally in U.S. companies that have attractive financial attributes and promote women's opportunities opportunities that can enhance the professional development and advancement of women and the ability of women to meet their work or other personal life responsibilities. The fund considers companies that promote women's opportunities to be companies that demonstrate gender equity practices in the workplace and/or that provide products or services that are believed to enhance the lives of women, including female participation in management and board representation, positive benefit programs including family leave and flexible work arrangements, as well as companies that offer products /services that help women meet daily life needs.

ETFs related toBKWO

ETFs correlated to BKWO include LGRO, VONE, ITOT

BKWO
BNY Mellon ETF Trust - BNY Mellon Women's Opportunities ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
VONE
Vanguard Group, Inc. - Vanguard Russell 1000 Index ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
VTI
Vanguard Group, Inc. - Vanguard Total Stock Market ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity 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 toBKWO

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with BKWO using Composer

FAQ

BKWO is a US Equities ETF. The fund seeks long-term capital growth, and looks to invest principally in U.S. companies that have attractive financial attributes and promote women's opportunities opportunities that can enhance the professional development and advancement of women and the ability of women to meet their work or other personal life responsibilities. The fund considers companies that promote women's opportunities to be companies that demonstrate gender equity practices in the workplace and/or that provide products or services that are believed to enhance the lives of women, including female participation in management and board representation, positive benefit programs including family leave and flexible work arrangements, as well as companies that offer products /services that help women meet daily life needs.

Yes, BKWO is actively 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.

No, BKWO is not passively managed. It is actively 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 BKWO is -0.0111%. This is the percent change in the value of BKWO over the most recent 1-month period. The 3-month return on BKWO is -0.0076%. This is the percent change in the value of BKWO over the most recent 3-month period.

ETFs similar to BKWO include SPHQ, DSI, and QUAL.

ETFs correlated to BKWO include LGRO, VONE, and ITOT.

ETFs that are inversely correlated to BKWO include SDS, SPXS, and SPXU.

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.