BNY Mellon Core Bond ETF (BKAG) Performance
BKAG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.0% since Dec 31, 2025
- 1 year
- −1.1% total return
- 5 years
- −0.2% a year
- Since first price
- −0.1% a year since 2020
BKAG trailing returns vs SPY, QQQ, AGG
| Period | BKAG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.9% | +0.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.5% | −1.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.5% | −3.8% | +7.8% | +8.4% | −1.5% |
| YTD | −1.0% | −4.3% | +12.3% | +15.1% | −1.0% |
| 1 year | −1.1% | −5.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +16.5%+5.2%/yr | +2.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −1.1%−0.2%/yr | −17.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionApr 24, 2020 | −0.9%−0.1%/yr | −19.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BKAG vs SPY
From Apr 24, 2020: BKAG grew to $9,908, SPY to $29,365.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BKAG returns by calendar year
3 of 5 full years positive. Best 2025 (+7.2%), worst 2022 (−13.3%). 2026 is year to date.
BKAG annual returns table
| Year | BKAG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −1.0% | −4.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.2% | −2.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +1.2% | −4.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +5.7% | −7.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −13.3% | −16.3% | −18.2% | −32.6% | −13.0% |
| 2021 | −1.5% | −3.6% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BKAG largest drawdowns
Now 3.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 4, 2020 | −18.5% | Oct 20, 2022 | not yet | 2.2 years | 6.2 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BKAG risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +4.0% | −0.7% | −0.4% |
| Volatility (annualized) | 5.6% | 6.5% | 5.9% |
| Sharpe ratio | -0.05 | -0.64 | -0.53 |
| Sortino ratio | -0.07 | -0.79 | -0.66 |
| Best month | +4.5% | +4.5% | +4.5% |
| Worst month | −2.6% | −4.0% | −4.0% |
| Best 12 months | +11.4% | +11.4% | +11.4% |
| Worst 12 months | −1.9% | −15.9% | −15.9% |
| Positive months | 61% | 50% | 51% |
| Beta vs S&P 500 | 0.22 | 0.25 | — |
| Correlation with S&P 500 | 0.48 | 0.60 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BKAG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 67 | −15.9% | +0.7% | +11.4% | 54% |
| 3-year (a year) | 43 | −5.6% | −1.4% | +5.6% | 47% |
| 5-year (a year) | 19 | −1.1% | −0.4% | +0.4% | 26% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
BKAG performance overview
BNY Mellon Core Bond ETF (BKAG) returned −1.1% over the past year and −0.2% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned −0.1% a year, turning $10,000 into about $9,908. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −18.5%, from Aug 4, 2020 to Oct 20, 2022; the fund has not yet regained that high. BKAG finished 3 of its 5 full calendar years with a gain; the best year was 2025 (+7.2%) and the worst 2022 (−13.3%). Volatility has been 5.9% a year.
Related: BKAG chart, BKAG dividends. See the BKAG overview for the latest quote and fund facts.
BKAG performance FAQ
What is the BKAG return over the past year?
BKAG returned −1.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.4%.
What is the average annual return of BKAG?
BKAG has returned −0.2% a year over 5 years, −0.1% a year since April 24, 2020 (total return, distributions reinvested).
How much would $10,000 invested in BKAG be worth?
$10,000 invested in BKAG at its first recorded close on April 24, 2020 would be worth about $9,908 on October 23, 2026 with distributions reinvested.
What was the worst year for BKAG?
The worst calendar year was 2022, with a total return of −13.3%. The best was 2025 at +7.2%.
What is the biggest drawdown of BKAG?
The largest peak-to-trough decline was −18.5% between August 4, 2020 and October 20, 2022. It has not yet recovered to that high; it is 3.6% below its peak.
How volatile is BKAG?
Over the past 3 years BKAG had an annualized volatility of 5.6% and a Sharpe ratio of -0.05 (excess return over 1–3 month T-bills per unit of risk).