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BKMC - ETF AI Analysis
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BNY Mellon US Mid Cap Core Equity ETF (BKMC)
Rating:67Neutral
Price Target:―
Positive Factors
Low Expense Ratio
The ETF has a very low expense ratio, making it cost-effective for investors compared to similar funds.
Strong Year-to-Date Performance
The fund has delivered solid year-to-date returns, indicating strong overall performance in 2023.
Sector Diversification
The ETF is spread across multiple sectors, reducing the risk of being overly exposed to one industry.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, offering limited exposure to international markets.
Mixed Top Holdings Performance
While some top holdings have performed strongly, others have lagged, potentially dragging down overall returns.
Small Real Estate and Utilities Exposure
The fund has minimal exposure to traditionally defensive sectors like real estate and utilities, which could limit stability during market downturns.
BKMC vs. SPDR S&P 500 ETF (SPY)
AUM626.25M
RegionNorth America
Expense Ratio0.04%
Beta0.95
IssuerBNY Mellon
Inception DateApr 09, 2020
Dividend Yield1.39%
Asset ClassEquity
Index TrackedSolactive GBS United States 400 Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume16,788
30 Day Avg. Volume10,773
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
127.87Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering402
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BKMC Summary
The BNY Mellon US Mid Cap Core Equity ETF (Ticker: BKMC) is an investment fund that focuses on mid-sized U.S. companies, offering a mix of growth potential and stability. It tracks the Solactive GBS United States 400 Index and includes companies from various industries like technology, healthcare, and consumer goods. Some of its holdings include well-known names like Rocket Lab USA and Ciena. This ETF could be a good choice for investors looking to diversify their portfolio with companies that are established but still have room to grow. However, new investors should be aware that mid-cap stocks can be more volatile than larger companies, meaning their prices can rise and fall quickly.
How much will it cost me?The BNY Mellon US Mid Cap Core Equity ETF (Ticker: BKMC) has an expense ratio of 0.04%, meaning you’ll pay $0.40 per year for every $1,000 invested. This is lower than average because it is passively managed, tracking an index rather than relying on active stock picking.
What would affect this ETF?The BKMC ETF, focused on U.S. mid-cap stocks, could benefit from economic growth and innovation in sectors like technology and industrials, which make up a significant portion of its holdings. However, it may face challenges from rising interest rates, which could impact financial and real estate sectors, or economic slowdowns that affect consumer spending and cyclical industries. Regulatory changes or geopolitical tensions could also influence the performance of its top holdings and broader market trends.
BKMC Top 10 Holdings
The BNY Mellon US Mid Cap Core Equity ETF (BKMC) leans heavily into industrials and technology, with names like SanDisk and Lumentum driving recent gains thanks to strong momentum in cloud infrastructure and AI-related growth. However, Bloom Energy and Casey’s General Stores are holding the fund back, with valuation concerns and bearish technical trends weighing on performance. The fund’s U.S.-focused portfolio showcases the dynamism of mid-cap stocks, balancing growth opportunities with operational challenges, but its sector concentration in industrials suggests a reliance on cyclical trends that could impact future returns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| SanDisk Corp | 0.89% | $5.52M | $35.89B | ― | 55 Neutral | |
| Lumentum Holdings | 0.73% | $4.54M | $27.47B | 359.34% | 61 Neutral | |
| Coherent Corp | 0.65% | $4.02M | $30.15B | 92.29% | 66 Neutral | |
| Curtiss-Wright | 0.58% | $3.60M | $21.00B | 57.65% | 74 Outperform | |
| United Therapeutics | 0.56% | $3.49M | $21.98B | 41.45% | 79 Outperform | |
| Casey's General | 0.55% | $3.45M | $21.02B | 40.46% | 68 Neutral | |
| Twilio | 0.55% | $3.42M | $21.37B | 26.57% | 70 Neutral | |
| KeyCorp | 0.53% | $3.28M | $23.01B | 21.18% | 69 Neutral | |
| Bloom Energy | 0.52% | $3.24M | $21.62B | 275.79% | 62 Neutral | |
| CH Robinson | 0.51% | $3.17M | $19.44B | 57.83% | 72 Outperform |
BKMC Technical Analysis
Positive
―
Price Trends
108.42
Positive
107.77
Positive
102.64
Positive
Market Momentum
0.91
Negative
59.56
Neutral
67.05
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BKMC, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 110.07, equal to the 50-day MA of 108.42, and equal to the 200-day MA of 102.64, indicating a bullish trend. The MACD of 0.91 indicates Negative momentum. The RSI at 59.56 is Neutral, neither overbought nor oversold. The STOCH value of 67.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BKMC.
BKMC Peer Comparison
Comparison Results
Performance Comparison
BKMC
BNY Mellon US Mid Cap Core Equity ETF
111.60
9.15
8.93%
EZM
WisdomTree U.S. MidCap Fund
―
―
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XMLV
Invesco S&P MidCap Low Volatility ETF
―
―
―
GRPM
Invesco S&P MidCap 400 GARP ETF
―
―
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PTMC
Pacer Trendpilot US Mid Cap ETF
―
―
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JPME
JPMorgan Diversified Return U.S. Mid Cap Equity ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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