BNY Mellon Dynamic Value ETF

Frequently Asked Questions About BKDV

What does BKDV invest in?

This fund aims to grow investors' wealth over time by primarily investing in equities that are considered undervalued. Such "value stocks" are identified either through their presence in leading benchmark indices like the Russell 3000 Value, S&P Composite 1500 Value, or MSCI ACWI Value, or by having a more attractive price-to-book ratio compared to the broader S&P 500 Index. The fund's managers actively seek out companies with appealing valuations, solid financial health, and positive business trends spurred by specific market drivers. While the portfolio has the flexibility to include companies of any market capitalization, it generally emphasizes larger, more established corporations. As an Exchange Traded Fund (ETF), it provides convenient liquidity, allowing investors to trade shares readily whenever the market is open.

What is the expense ratio of BKDV?

BNY Mellon Dynamic Value ETF (BKDV) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BKDV?

BNY Mellon Dynamic Value ETF (BKDV) manages $2.20B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is BKDV actively managed or an index fund?

BKDV is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BKDV's is 0.60%) because there's no security selection cost.

When was BKDV launched?

BNY Mellon Dynamic Value ETF (BKDV) launched in November 2024 and is managed by BNY Mellon.

How has BKDV performed?

BKDV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.