BKCI
BNY Mellon Concentrated International ETF
BKCI is an actively managed fund relying heavily on fundamental research to select a narrow basket of stocks, of any market capitalization, from developed markets outside of the US.
Global
EQUITY
Active
MANAGEMENT STYLE
151.4 M
ASSETS UNDER MGMT
80 bp
EXPENSES
Fund Basics
| Fund sponsor | The Bank of New York Mellon Corp. |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 06, 2021 |
| Assets (mns) | $151 |
| Expense ratio | 80 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ALIMENTATION COUCHE-TARD INC. CLASS A | 5.6 % |
| COMPASS GROUP PLC | 5.3 % |
| NOVO NORDISK A/S-B | 5.2 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 4.8 % |
| SAP AG | 4.6 % |
| TOTAL SA | 4.0 % |
| ASML HOLDING NV | 3.9 % |
| AIR LIQUIDE SA | 3.7 % |
| MERCK KGAA | 3.7 % |
| AMADEUS IT HOLDING SA-A SHS | 3.6 % |
Constituent Breakdown
| Number of holdings | 31 |
| Herfindahl-Hirschman Index | 358 |
| Wgt avg mkt cap (mns) | $147,113 |
| Large cap (>$10bn) | 93.3% |
| Mid cap ($2-10bn) | 3.8% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 94.2% |
| Emerging mkts. | 5.8% |
Country Exposure
 |
FRANCE | 13.5 % |
 |
JAPAN | 13.2 % |
 |
GERMANY | 11.3 % |
 |
CANADA | 8.2 % |
 |
DENMARK | 7.9 % |
 |
BRITAIN | 7.1 % |
 |
SWITZERLAND | 5.8 % |
 |
HONG KONG | 5.2 % |
 |
TAIWAN | 4.8 % |
 |
NETHERLANDS | 3.9 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 0.3% | 5.0% | 8.1% | -- | -- | -- | 3.0% | Volatility | 13.8% | 13.4% | 14.9% | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.92 | 68% |
| MSCI EAFE | 1.05 | 88% |
| MSCI Emg Mkts | 0.88 | 65% |
Liquidity Measures
| Avg. volume (000) | 7 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.21% |
| ADV of underlying (mns) | $3,915 |
Technical Indicators
| Recent close | $48.06 |
| 30d moving avg. | $49.68 |
| Annualized volatility | 19.6% |
| Relative strength (RSI) | 42 |
| Short interest (ETF) | 0.7% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. BKCI |
Expenses vs. BKCI |
ALTAR Score™ vs. BKCI |
|---|---|---|---|---|
| OSEA | Harbor International Compounders ETF | 41.1% | -25 bp | +0.1% |
| CGIE | Capital Group International Equity ETF | 29.0% | -26 bp | +0.7% |
| UMMA | Wahed Dow Jones Islamic World ETF | 27.8% | -15 bp | +0.3% |
| JIG | JPMorgan International Growth ETF | 24.6% | -25 bp | +0.4% |
| IDHQ | Invesco S&P International Developed High Quality ETF | 23.6% | -51 bp | +2.3% |
| EFG | iShares MSCI EAFE Growth ETF | 23.5% | -44 bp | +0.3% |
| OEUR | ALPS O'Shares Europe Quality Dividend ETF | 22.3% | -32 bp | +1.5% |
| FEZ | SPDR EURO STOXX 50 ETF | 21.5% | -51 bp | +2.4% |
| BBEU | JPMorgan BetaBuilders Europe ETF | 21.4% | -71 bp | +2.9% |
| DBEU | Xtrackers MSCI Europe Hedged Equity ETF | 20.5% | -34 bp | +2.3% |
Risk and Returns: BKCI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
BKCI
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
BKCI
4.3%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 374 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.8%. BKCI's ALTAR Score™ is approximately
0.0 standard deviations
above
the category average. This places BKCI in the 50th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
BKCISELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active Global Equity ETFs |
| # of ETFs | 118 |
| Avg. Expense Ratio | 73.5 bp |
| Std. Deviation | 29.8 bp |
| BKCI (80 bp) Percentile rank | 61 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| BKCI | 80.0 | 20.8 | 100.8 |
| Peer Avg. | 74.2 | 38.8 | 113.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .