BNY Mellon US Large Cap Core Equity ETF

BKLC

Market cap $4.85B

BNY Mellon US Large Cap Core Equity ETF is a passively managed ETF tracking the Solactive GBS United States 500 Index TR since November 2023. BKLC's essential advantage is its 0% expense ratio. Although BKLC has outperformed a few S&P 500-tracking ETFs like IVV, SPY, VOO, and SPYM, there is something to dislike about its risk metrics, including the maximum drawdown.

If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the BNY Mellon US Large Cap Core Equity ETF (BKLC), a passively managed exchange traded fund launched on April 9, 2020.

If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the BNY Mellon US Large Cap Core Equity ETF (BKLC), a passively managed exchange traded fund launched on April 9, 2020.

If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the BNY Mellon US Large Cap Core Equity ETF (BKLC), a passively managed exchange traded fund launched on 04/09/2020.

BNY offers a pair of zero-fee ETFs. One is a large-cap U.S. equity index ETF.

BKLC tracks the Solactive GBS United States 500 Total Return Index, selecting the 500 largest U.S. companies by total market cap. Notably, its ER is 0.00%. BKLC has only minor composition differences with S&P 500 Index ETFs, with the most significant one being a 0.60% underweight in Berkshire Hathaway. Still, fund overlap is 96% by weight. As a result, BKLC is an excellent substitute for ETFs like SPY, IVV, VOO, and SPLG. However, given current economic uncertainty, my preference is stronger diversification and a cheaper valuation.

On Monday, BNY closed out the month of March with the launch of the BNY Mellon Concentrated Growth ETF (BKCG).  The fund looks to offer capital appreciation over a long-term time horizon for its investors.

If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the BNY Mellon US Large Cap Core Equity ETF (BKLC), a passively managed exchange traded fund launched on 04/09/2020.

Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the BNY Mellon US Large Cap Core Equity ETF (BKLC), a passively managed exchange traded fund launched on 04/09/2020.

Here are the six keys to building a robust and healthy ETF portfolio that could offer capital appreciation as well as downside protection.