BNY Mellon US Large Cap Core Equity ETF (BKLC) Performance
BKLC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.3% since Dec 31, 2025
- 1 year
- +14.2% total return
- 5 years
- +12.7% a year
- Since first price
- +18.5% a year since 2020
BKLC trailing returns vs SPY, QQQ, AGG
| Period | BKLC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.1% | −1.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.3% | +3.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.0% | +7.4% | +7.8% | +8.4% | −1.5% |
| YTD | +12.3% | +11.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.2% | +12.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +89.4%+23.7%/yr | +82.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +81.7%+12.7%/yr | +70.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionApr 9, 2020 | +203.1%+18.5%/yr | +178.4% | — | — | — |
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: BKLC vs SPY
From Apr 9, 2020: BKLC grew to $30,306, SPY to $29,868.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BKLC returns by calendar year
4 of 5 full years positive. Best 2023 (+30.9%), worst 2022 (−20.5%). 2026 is year to date.
BKLC annual returns table
| Year | BKLC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.3% | −9.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +18.1% | −19.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +25.6% | −8.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +30.9% | −9.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −20.5% | −26.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +27.4% | −5.6% | +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.
BKLC largest drawdowns
Now 2.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 27, 2021 | −26.1% | Oct 12, 2022 | Dec 12, 2023 | 9 months | 2.0 years |
| Feb 19, 2025 | −19.0% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
| Sep 2, 2020 | −10.0% | Sep 23, 2020 | Nov 24, 2020 | 21 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BKLC risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +23.5% | +14.0% | +18.1% |
| Volatility (annualized) | 12.8% | 16.0% | 15.8% |
| Sharpe ratio | 1.39 | 0.68 | 0.96 |
| Sortino ratio | 2.87 | 1.08 | 1.63 |
| Best month | +10.4% | +10.4% | +11.3% |
| Worst month | −6.4% | −9.8% | −9.8% |
| Best 12 months | +38.5% | +38.5% | +44.7% |
| Worst 12 months | +7.9% | −20.5% | −20.5% |
| Positive months | 67% | 60% | 64% |
| Beta vs S&P 500 | 1.02 | 1.02 | — |
| Correlation with S&P 500 | 1.00 | 1.00 | — |
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.
BKLC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 67 | −20.5% | +18.7% | +44.7% | 82% |
| 3-year (a year) | 43 | +8.3% | +13.1% | +26.3% | 100% |
| 5-year (a year) | 19 | +12.3% | +14.5% | +17.8% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
BKLC performance overview
BNY Mellon US Large Cap Core Equity ETF (BKLC) returned +14.2% over the past year and +12.7% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +18.5% a year, turning $10,000 into about $30,306. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −26.1%, from Dec 27, 2021 to Oct 12, 2022, and it took 1.2 years to get back to the old high. BKLC finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+30.9%) and the worst 2022 (−20.5%). Volatility has been 15.8% a year.
Related: BKLC chart, BKLC holdings, BKLC dividends, BKLC valuation. See the BKLC overview for the latest quote and fund facts.
BKLC performance FAQ
What is the BKLC return over the past year?
BKLC returned +14.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 12.8%.
What is the average annual return of BKLC?
BKLC has returned +12.7% a year over 5 years, +18.5% a year since April 9, 2020 (total return, distributions reinvested).
How much would $10,000 invested in BKLC be worth?
$10,000 invested in BKLC at its first recorded close on April 9, 2020 would be worth about $30,306 on October 23, 2026 with distributions reinvested.
What was the worst year for BKLC?
The worst calendar year was 2022, with a total return of −20.5%. The best was 2023 at +30.9%.
What is the biggest drawdown of BKLC?
The largest peak-to-trough decline was −26.1% between December 27, 2021 and October 12, 2022. It recovered to the old high on December 12, 2023, 1.2 years after the bottom.
How volatile is BKLC?
Over the past 3 years BKLC had an annualized volatility of 12.8% and a Sharpe ratio of 1.39 (excess return over 1–3 month T-bills per unit of risk).