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BNY Mellon Emerging Markets Equity ETF

BKEM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 24 2020
Expense Ratio
0.11%
Type
Global Ex. US Equities
Fund Owner
BNY Mellon
Volume (1m avg. daily)
$2,918,005
AUM
$87,048,666
Associated Index
Morningstar Emerging Markets Large Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

2330
TAIWAN SEMICONDUCTOR MANUFAC
5.72%
700
Tencent Holdings Ltd.
4.98%
005930
Samsung Electronics
4.34%
n/a
CHINESE RENMINBI
3.62%
9988
Alibaba Group Holding Ltd
3.57%
3690
Meituan - Ordinary Shares - Class B
1.71%
500325
Reliance Industries Ltd.
1.66%
500180
HDFC Bank Ltd.
1.41%
500209
Infosys Ltd
1.20%
n/a
DREYFUS INSTITUTIONAL PRE
1.16%
Invest with BKEM

What is BKEM?

The fund seeks to match the performance of the Morningstar Emerging Markets Large Cap Index. To pursue its goal, the fund normally invests substantially all of its assets in equity securities comprising the Morningstar Emerging Markets Large Cap Index, depositary receipts based on securities comprising the index, exchange-traded funds (ETFs) providing exposure to such securities, and derivatives with economic characteristics similar to such securities or the index. The fund s derivatives investments may include futures, currency forwards, total return swaps and structured notes.

ETFs related toBKEM

ETFs correlated to BKEM include EET, EDC, EEM

BKEM
BNY Mellon ETF Trust - BNY Mellon Emerging Markets Equity ETF
EET
ProShares Trust - ProShares Ultra MSCI Emerging Markets 2x Shares
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market 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 toBKEM

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with BKEM using Composer

FAQ

BKEM is a Global Ex. US Equities ETF. The fund seeks to match the performance of the Morningstar Emerging Markets Large Cap Index. To pursue its goal, the fund normally invests substantially all of its assets in equity securities comprising the Morningstar Emerging Markets Large Cap Index, depositary receipts based on securities comprising the index, exchange-traded funds (ETFs) providing exposure to such securities, and derivatives with economic characteristics similar to such securities or the index. The fund s derivatives investments may include futures, currency forwards, total return swaps and structured notes.

The top holdings for BKEM include TAIWAN SEMICONDUCTOR MANUFAC, Tencent Holdings Ltd., and Samsung Electronics.

BKEM has 825 total holdings.

BKEM tracks the Morningstar Emerging Markets Large Cap Index.

No, BKEM 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, BKEM 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 BKEM is 0.0073%. This is the percent change in the value of BKEM over the most recent 1-month period. The 3-month return on BKEM is 0.1251%. This is the percent change in the value of BKEM over the most recent 3-month period.

The standard deviation of BKEM for the past year is 0.2337%. 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 BKEM include EZU, JIRE, and VEU.

ETFs correlated to BKEM include EET, EDC, and EEM.

ETFs that are inversely correlated to BKEM include EDZ, EUM, and YANG.

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.