Key stats
About BNY Mellon US Mid Cap Core Equity ETF
Home page
Inception date
Apr 9, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BNY Mellon ETF Investment Adviser LLC
Distributor
BNY Mellon Securities Corp.
BKMC provides investors with broad exposure in the mid-cap space. The fund provides concentrated exposure to the mid-cap equity sector of the US market by tracking an index comprised of the top 400 corporations following the first 500 included in the Solactive GBS United States 1500 Index. Initially, the index universe is filtered to include exclusively US common stocks and Real Estate Investment Trust (REITs) listed on a domestic exchange. These eligible securities are organized and ranked in descending order based on their market capitalization. Moreover, the investment mix may include ETFs and derivatives that offer similar economic exposure. All securities are selected and weighted by their market capitalization. The index is rebalanced every quarter in February, May, August, and November. Prior to November 15, 2023, the fund tracked the Morningstar US Mid Cap Index.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BKMC trades at 98.58 USD today, its price has fallen −0.27% in the past 24 hours. Track more dynamics on BKMC price chart.
BKMC net asset value is 98.62 today — it's risen 5.52% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BKMC assets under management is 509.39 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BKMC price has risen by 7.06% over the last month, and its yearly performance shows a 4.76% increase. See more dynamics on BKMC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.52% over the last month, showed a −2.55% decrease in three-month performance and has increased by 6.85% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.52% over the last month, showed a −2.55% decrease in three-month performance and has increased by 6.85% in a year.
BKMC fund flows account for 50.95 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BKMC invests in stocks. See more details in our Analysis section.
BKMC expense ratio is 0.04%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BKMC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BKMC technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BKMC shows the buy signal. See more of BKMC technicals for a more comprehensive analysis.
Today, BKMC technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BKMC shows the buy signal. See more of BKMC technicals for a more comprehensive analysis.
Yes, BKMC pays dividends to its holders with the dividend yield of 1.55%.
BKMC trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BKMC shares are issued by The Bank of New York Mellon Corp.
BKMC follows the Solactive GBS United States 400 Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 9, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.