What Is the BKMC ETF? A Complete Guide to Returns, Expense Ratio, Holdings, and Alternative ETFs
The BNY Mellon US Mid Cap Core ETF is a passive fund that diversifies across US mid-cap stocks, offering broad mid-cap exposure at a very low fee. The expense ratio, volatility, and growth outlook are the key points to check, and comparison with other mid-cap ETFs is the main selection criterion. The ticker is BKMC.
SubscribeWhat Is the BNY Mellon US Mid Cap Core ETF?
This is a passive ETF that tracks a broad index representing US mid-sized companies, weighted by market capitalization. It invests across the mid-cap segment, which sits between large caps and small caps.
It suits core investors who want to diversify into mid-cap stocks, between large caps and small caps, at a very low fee.
The ETF is managed by BNY Mellon using a passive (index-tracking) approach.
How Does the BNY Mellon US Mid Cap Core ETF Invest?
| Item | Details |
|---|---|
| Tracked Index | US mid-cap index |
| Management Style | Passive (index-tracking) |
| Rebalancing Frequency | Periodic (per index rules) |
| Dividend Frequency | Quarterly |
| Expense Ratio | 0.04% |
The fund holds the constituents of a broad index representing US mid-sized companies at their market-cap weights, tracking the performance of the mid-cap segment as a whole. With a large number of holdings, individual position weights are low, creating a diversified structure with broad exposure to the mid-cap segment between large caps and small caps.
- Diversifies across US mid-cap stocks at a very low fee
- Core mid-cap exposure between large caps and small caps
BNY Mellon US Mid Cap Core ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $655.9M, and the expense ratio is 0.04% per year.
Unlike large-cap-focused ETFs, it is exposed to mid-cap stocks, so both growth potential and volatility tend to be somewhat higher, and performance varies with the economic cycle.
BNY Mellon US Mid Cap Core ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeMid-cap stocks sit between large caps and small caps in character and are influenced by the economy and risk appetite. They can show more resilient performance than large caps during economic recoveries, but volatility may rise somewhat during economic slowdowns or risk-off periods.
Money tends to flow into mid-cap ETFs when interest in mid-caps rises, and it sometimes shifts toward large caps when market uncertainty grows. Fund flows vary with the economic cycle.
BNY Mellon US Mid Cap Core ETF Pros and Cons
Its strength is broad diversification across mid-cap stocks at a very low fee, while volatility and sensitivity to the economy are its drawbacks.
💪 Key Strengths
⚠️ Points to Watch
BNY Mellon US Mid Cap Core ETF Alternative ETFs and Related Products
IJH, VO, and MDY, shown in the table, are leading ETFs that also invest in US mid-cap stocks, though their tracked indexes differ somewhat. For more mid-cap exposure, you can also compare the low-fee mid-cap fund SCHM and VXF, an extended-market fund that excludes large caps. These funds differ in tracked index, market-cap range, and fees, so it is best to choose according to your investment style.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 IJH | iShares Core S&P Mid-Cap ETF | $73.33 | -1.2% | $124.7B | 0.05% | 1.23% | +13.6% |
 VO | Vanguard Morningstar Mid-Cap ETF | $81.46 | -0.9% | $108.4B | 0.03% | 1.35% | +12.5% |
 IWR | iShares Russell Mid-Cap ETF | $110.03 | -1.4% | $58.8B | 0.18% | 1.16% | +15.7% |
 MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | $668.88 | -1.2% | $26.2B | 0.23% | 1.05% | +13.5% |
 SPMD | State Street SPDR Portfolio S&P 400TM Mid Cap ETF | $64.24 | -1.2% | $18.9B | 0.03% | 1.31% | +13.6% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| SNDK | Sandisk Corp | 0.02% | $1150.89 | -13.5% | $166.3B | 15.8 | - |
| RVMD | Revolution Medicines Inc | 0.02% | $191.31 | +0.6% | $41.0B | - | - |
| BE | Bloom Energy Corp | 0.01% | $203.17 | -8.6% | $60.1B | 125.8 | - |
 FTI | TechnipFMC plc | 0.01% | $68.77 | +2.7% | $27.0B | 21.7 | 0.37% |
 CASY | Casey's General Stores Inc | 0.01% | $680.19 | +0.4% | $25.1B | 32.8 | 0.38% |
 FTAI | FTAI Aviation Ltd | 0.01% | $187.27 | -4.5% | $19.2B | 38.0 | 1.05% |
| TWLO | Twilio Inc | 0.01% | $205.03 | -15.2% | $31.5B | 25.8 | - |
| LITE | Lumentum Holdings Inc | 0.01% | $840.70 | -8.6% | $76.2B | - | - |
| COHR | Coherent Corp | 0.01% | $210.32 | -11.3% | $41.4B | 51.1 | 0.01% |
BNY Mellon US Mid Cap Core ETF Investor Checkpoints
Here are the points to review before investing in BKMC. As a mid-cap ETF, it is important to check volatility, economic sensitivity, style exposure, and fee level together in advance.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Confirm the very low fee of a passive core ETF | Very low |
| 📉 Volatility | Check volatility, given the nature of mid-cap stocks | Somewhat high |
| 🔄 Economic Sensitivity | Performance swings with the economic cycle | Sensitive |
| 📊 Style | Confirm mid-cap exposure | Mid-cap |
By nature, mid-cap stocks are somewhat more volatile than large caps and may be affected during economic slowdowns or risk-off periods. You should also consider that its mid-cap weighting may lead to performance that differs from large caps.
This is a passive ETF suited to core investors who want to diversify into mid-cap stocks, between large caps and small caps, at a very low fee. If you want large-cap exposure, a large-cap ETF may be the better choice, while BKMC can be an alternative if you want core mid-cap diversification.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 4, 2026.
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