BNY Mellon Enhanced Dividend and Income ETF (BEDY) Valuation
BEDY valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 21.7 trailing earnings
- Forward P/E
- 14.2 analyst estimates
- Price / sales
- 2.01
- Price / book
- 2.71
- EV / EBITDA
- 13.0
- Earnings yield
- 4.60% inverse of P/E
- Dividend yield
- 2.17% of the holdings
- Return on equity
- 12.5% combined
- Net margin
- 9.2% combined
- Beta
- 0.78 weighted, vs S&P 500
BEDY valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| BEDY | 21.7 | 14.2 | 2.01 | 2.71 | 2.17% | 12.5% | 9.2% | 2.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
BEDY valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 19.2% | 14.2 | 11.1 | 2.15 | 1.73 | 2.09% | 12.2% |
| Healthcare | 14.0% | 28.9 | 16.5 | 1.45 | 4.03 | 2.07% | 13.9% |
| Technology | 12.5% | 31.1 | 23.2 | 8.48 | 9.45 | 1.29% | 30.4% |
| Energy | 9.4% | 19.2 | 12.4 | 2.00 | 1.94 | 2.19% | 10.1% |
| Industrials | 8.2% | 18.9 | 14.8 | 1.52 | 3.24 | 1.49% | 17.2% |
| Consumer Defensive | 8.1% | 27.6 | 21.3 | 3.16 | 14.07 | 2.59% | 50.9% |
| Communication Services | 5.9% | 13.5 | 9.3 | 1.25 | 1.73 | 3.89% | 12.8% |
| Basic Materials | 4.6% | 15.5 | 13.8 | 3.65 | 3.67 | 1.54% | 23.7% |
| Consumer Cyclical | 4.2% | n/m | 11.3 | 1.01 | 2.26 | 2.80% | −1.0% |
| Real Estate | 1.8% | n/m | 22.0 | 2.24 | 0.91 | 5.42% | −4.0% |
| Utilities | 1.1% | 26.5 | 20.7 | 3.07 | 3.16 | 0.63% | 11.9% |
BEDY earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How BEDY weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
BEDY largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 5.45% | 29.5 | 25.1 | 11.8 | 0.74% | 4.69% |
| JPM | JPMorgan Chase & Co. | 3.84% | 14.2 | 13.5 | 4.7 | 1.94% | 6.83% |
| FITB | Fifth Third Bancorp | 3.33% | 17.0 | 10.8 | 4.5 | 3.34% | 4.97% |
| T | AT&T Inc. | 2.95% | 7.7 | 9.9 | 1.3 | 4.74% | 9.67% |
| UNH | UnitedHealth Group Incorporated | 2.94% | 25.8 | 16.6 | 0.8 | 2.31% | 2.89% |
| CSCO | Cisco Systems, Inc. | 2.65% | 32.2 | 19.8 | 6.7 | 1.56% | 2.09% |
| SLB | Schlumberger Limited | 2.58% | 23.9 | 15.9 | 2.0 | 2.38% | 2.74% |
| A | Agilent Technologies, Inc. | 2.48% | 34.1 | 23.9 | 6.6 | 0.59% | 1.85% |
| CL | Colgate-Palmolive Company | 2.18% | 37.1 | 21.0 | 3.6 | 2.25% | 1.49% |
| KO | The Coca-Cola Company | 2.18% | 28.2 | 25.3 | 8.1 | 2.26% | 1.96% |
| AIZ | Assurant, Inc. | 2.11% | 13.6 | 10.9 | 1.0 | 1.24% | 3.95% |
| TXN | Texas Instruments Incorporated | 2.08% | 42.1 | 27.5 | 13.0 | 2.20% | 1.26% |
| JNJ | Johnson & Johnson | 1.99% | 38.8 | 21.0 | 6.2 | 2.10% | 1.30% |
| CRH | CRH PLC | 1.98% | — | — | — | — | — |
| ELV | Elevance Health Inc. | 1.91% | 19.0 | 13.7 | 0.5 | 1.61% | 2.55% |
| OMC | Omnicom Group Inc. | 1.87% | 212.0 | 7.4 | 1.0 | 3.97% | 0.22% |
| PM | Philip Morris International Inc. | 1.86% | 29.5 | 20.9 | 7.5 | 3.12% | 1.60% |
| PKG | Packaging Corporation of America | 1.84% | 30.7 | 18.7 | 2.2 | 2.54% | 1.52% |
| OXY | Occidental Petroleum Corporation | 1.82% | 17.7 | 14.6 | 2.6 | 1.80% | 2.61% |
| DAL | Delta Air Lines, Inc. | 1.81% | 15.0 | 9.2 | 0.7 | 1.14% | 3.05% |
| RTX | RTX Corporation | 1.69% | 34.1 | 24.6 | 2.8 | 1.51% | 1.26% |
| MDT | Medtronic plc | 1.53% | 23.3 | 14.9 | 3.2 | 3.04% | 1.67% |
| NEM | Newmont Corporation | 1.53% | 15.0 | 11.6 | 4.8 | 0.88% | 2.59% |
| DVN | Devon Energy Corporation | 1.47% | 11.1 | 9.3 | 3.0 | 2.52% | 3.38% |
| ORI | Old Republic International Corporation | 1.46% | 8.8 | 11.4 | 1.0 | 3.18% | 4.22% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About BEDY valuation
Adding up its 57 holdings with company data, BEDY trades at 21.7 times trailing earnings and 14.2 times analysts' forward estimates, with a price-to-book ratio of 2.71 and a dividend yield of 2.17%. Its earnings yield of 4.60% is 0.73 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 30.6% of the fund and earn 39.2% of its combined profit. By sector, Technology is the most expensive at 31.1 times earnings and Communication Services the cheapest at 13.5. Companies that lost money over the past year are 2.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 96.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: BEDY chart, BEDY holdings, BEDY dividends.
BEDY valuation FAQ
What is the P/E ratio of BEDY?
Based on its holdings, BEDY has a trailing P/E of 21.7 and a forward P/E of 14.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of BEDY?
The trailing earnings yield is 4.60% (1 ÷ P/E) and the forward earnings yield 7.03%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is BEDY more expensive than the S&P 500?
BEDY trades at 21.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.2 and 19.9.
What is the price-to-book ratio of BEDY?
The holdings of BEDY trade at 2.71 times book value, with a combined return on equity of 12.5%.
Which sector in BEDY has the highest P/E?
Technology has the highest P/E at 31.1 and Communication Services the lowest at 13.5.