BKEM

BNY Mellon Emerging Markets Equity ETF

BKEM is a passively managed fund with emerging market exposure to broad large-cap stocks, selected and weighted by market cap.


Emerging Market

EQUITY

Passive

MANAGEMENT STYLE

11 bp

EXPENSES

$102.7 M

ASSETS UNDER MGMT

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorThe Bank of New York Mellon
CategoryEmerging
Asset classEquity
Websitelink...
Inception dateApr 24, 2020
Assets (mns)$103
Expense ratio11 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
TAIWAN SEMICONDUCTOR MANUFAC 8.7 %
TENCENT HOLDINGS LTD 3.8 %
SAMSUNG ELECTRONICS CO LTD 3.6 %
RELIANCE INDS-SPONS GDR 144A 2.4 %
ALIBABA GROUP HOLDING LTD. 1.8 %
HDFC BANK LIMITED 1.4 %
PINDUODUO, INC. SPONSORED ADR CLASS A 1.2 %
HYNIX SEMICONDUCTOR INC 1.1 %
INTERNATIONAL HOLDINGS COMPANY PJSC 1.1 %
HON HAI PRECISION INDUSTRY 0.9 %
Constituent Breakdown
Number of holdings1645
Herfindahl-Hirschman Index 96
Wgt avg mkt cap (mns)$127,186
Large cap (>$10bn)75.9%
Mid cap ($2-10bn)22.1%
Small cap (<$2bn)1.3%
Developed mkts.5.4%
Emerging mkts.94.7%
Country Exposure
CHINA 22.9 %
INDIA 20.1 %
TAIWAN 19.1 %
SOUTH KOREA 11.3 %
BRAZIL 4.2 %
SAUDI ARABIA 3.5 %
UAE 2.0 %
SOUTH AFRICA 2.0 %
MEXICO 1.9 %
INDONESIA 1.5 %
Historical Performance


Standardized Performance (as of 05/31/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 1.4% 9.5% 0.2% -6.9% -- -- 2.6%
Volatility 13.3% 14.1% 16.9% 18.3% -- -- --
Market Correlations
versus...BetaR-squared
S&P 5000.6543%
MSCI EAFE0.8465%
MSCI Emg Mkts1.0199%
Liquidity Measures
Avg. volume (000)4
Turnover0.2%
Avg. Bid/Ask (% of price)0.30%
ADV of underlying (mns)$62,953
Technical Indicators
Recent close$60.14
30d moving avg.$59.00
Annualized volatility17.9%
Relative strength (RSI)55
Short interest (ETF)0.1%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: BKEM vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
1.2 11.8 1.5 2.8% --
Based on closing prices from 6/20/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
BKEM



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

BKEM

7.4%

Cat. Avg

7.4%

Fund Category: Emerging

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™7.4%
Recommendation

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

Category Overview
There are 165 funds in the Emerging category, with an average ALTAR Score™ of 7.4% and a standard deviation of 3.8%. BKEM's ALTAR Score™ is approximately 0.0 standard deviations below the category average. This places BKEM in the 50th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
BKEM
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
Change
Volume
Bid/Ask Spread
Update
Today's Trading

Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
BKEM 11.0 29.5 40.5
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .