BKMS 주가 전망 및 ETF 분석 - 배당·운용보수·보유종목·NAV·RSI·MACD

BKMS

BNY Mellon Municipal Short Duration ETF

7월 28일 1:39 PM ET (한국 7/29 02:39)

$25.42

-0.01 ▼ -0.04%

BKMS ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.

Total Expense Ratio

0.35%

Annual operating cost

Net Assets (AUM)

$429M

약 5882억원

Holdings

252 items

Dividend Yield

1.37%

Management Style

Active

Category ⓘ	Bonds - Municipal	Asset Type ⓘ	Bonds	Return% 1Y ⓘ	-	Total Holdings ⓘ	252	Perf Week ⓘ	-0.16%
ETF Type ⓘ	US Bonds	Active/Passive ⓘ	Active	Return% 3Y ⓘ	-	AUM ⓘ	$429M	Perf Month ⓘ	-0.47%
Expense ⓘ	0.35%	NAV ⓘ	$25.43	Return% 5Y ⓘ	-	52W High ⓘ	-1.51%	Perf Quarter ⓘ	-0.59%
Dividend TTM ⓘ	$0.35 (1.37%)	Div Gr. 3/5Y ⓘ	-	Return% 10Y ⓘ	-	52W Low ⓘ	0.75%	Perf Half Y ⓘ	-1.05%
Flows% 1M ⓘ	-1.17%	Flows% YTD ⓘ	-7.31%	Return% SI ⓘ	1.06%	Volatility(W/M) ⓘ	0.25% 0.23%	Perf YTD ⓘ	-0.84%
SMA20 ⓘ	-0.26%	SMA50 ⓘ	-0.3%	SMA200 ⓘ	-0.59%	RSI (14) ⓘ	38.32	Beta ⓘ	-
IPO ⓘ	2026/1/12	Prev Close ⓘ	$25.43	Perf Year ⓘ	-	Avg Volume ⓘ	0.05M	Price ⓘ	$25.42

📊 BNY Mellon Municipal Short Duration ETF (BKMS) Investment Analysis

ETF Overview

BNY Mellon Municipal Short Duration ETF · Bonds - Municipal

채권형 — 채권 ETF (만기 미상)

The BNY Mellon Municipal Short Duration ETF is an actively managed fund designed to maximize federally tax-exempt income by investing in a diversified portfolio of short-term municipal bonds. The strategy emphasizes capital preservation and liquidity by maintaining the portfolio's average effective duration at three years or less.

📘 BKMS ETF 자세히 알아보기 →

U.S.fixed-incomebondsmunicipal-bonds

규모: $429M 약 5882억원
운용사: BNY Mellon
운용 방식: 액티브 (운용사 재량)
상장일: 2026년

Cost Efficiency

Annual Expense Ratio · Category Rank · Long-Term Cost Impact

Average expense ratio — 0.35% annually

Mid-range within the Bonds - Municipal category.

Effective Annual Expense Ratio (Net Expense Ratio)

평균권

0.35%

My positionMid-range

Low range Average High range

Actual Cost Simulation by Investment Amount

$100.0M

Annual Expense Ratio

$350K

Pay $80K more per year vs. category average

Category Median Annual Cost

$270K

Based on expense ratio of 0.27%

10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)

$6.3M

6.6% of returns you could have earned goes to the fund manager due to fees

💡 Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.

Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.

Cheaper alternatives in the same category

VTEB

Vanguard Tax-Exempt Bond ETF

0.03%

-0.32%p annually

SCMB

Schwab Municipal Bond ETF

0.03%

-0.32%p annually

MUB

iShares National Muni Bond ETF

0.05%

-0.30%p annually

* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.

Long-Term Performance

1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense

Insufficient return data

This ETF is either too recently listed or does not yet have enough disclosed return data. Please refer to ETFs that have been operating for more than one year.

Risk Profile

Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History

Overall Risk Grade

Bond Benchmark

Bond ETFs are naturally less volatile than stocks, so it only makes sense to compare them with other bond ETFs. You should also factor in the inverse relationship between interest rates and bond prices.

🏦 Bond ETFs — Low volatility and low Beta are the norm

Bonds have far lower volatility than stocks, and a lower Beta versus equity benchmarks. An "stable" rating is the natural result; meaningful comparison should be made against bond indices (e.g., AGG/TLT).

Average daily range (last 1 month)

평균권

±0.23%

S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more

Annual volatility trend (past 10 years)

ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.

Max Drawdown · Past 10 years

-0.9%

Drawdown duration: 5 months

2026-02-27 → 2026-07-23

Still recovering

2026-01-12 Worst -5% 2026-07-01

ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.

Sharpe Ratio (Risk-Adjusted Return)

-2.05

Poor — Underperforms the risk-free rate

ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.

Dividend Analysis

Yield · Dividend history · After-tax income calculator

Bond distribution — 1.37% annually

Coupon interest is the primary source.

ℹ️ Bond ETF distributions are mostly coupon income. Distributions may rise when interest rates increase, but this should be considered alongside the resulting price decline.

배당수익률

1.37%

주당 배당

$0.35

연간 기준

5년 성장률

지급 주기

분기배당

2월 · 3월 · 4월

💰 내가 $100K 투자한다면

연간 배당금 (세후) $1K

5년 누적 (세후) $6K

* 환율 1 가정, 배당소득세 15% 반영. 5년 누적은 배당 성장률 연 0% 가정.

* Qualified dividend middle-bracket approximation. Actual rate varies by total income.

Overall investment appeal

What this ETF fits best — strengths, weaknesses, and target investor profile

An average ETF No standout strengths or weaknesses — pretty run-of-the-mill.

🎯 목적별 적합도

내가 이 ETF를 어떤 목적으로 활용할 수 있는지 확인하세요.

🌳

장기 보유

수년 이상 꾸준히 모아갈 때

보통

💵

배당 인컴

매월·분기 현금흐름이 목적일 때

적합

⚡

단기 트레이딩

며칠~몇 주 단기 방향성 매매

매우 낮음

🧩

포트폴리오 보조

자산 배분·헤지 용도

매우 적합

👤

이런 분에게 어울려요

Investors seeking portfolio stability

✅ 강점

뚜렷한 강점이 드러나지 않아요.

⚠️ 약점·주의사항

특별한 약점이 보이지 않아요.

Category Peers

Category: Bonds - Municipal

같은 카테고리 6종 중 AUM 6/6위 · 보수율 6/6위

카테고리: Bonds - Municipal

ℹ️ 왜 비교해야 하나요?

같은 카테고리 ETF끼리는 보수율·규모(AUM)·배당률을 비교해 볼 가치가 있어요. 보수율은 낮을수록 장기 수익에 유리하고, AUM이 크면 운용 안정성이 높아요. ▲ 표시는 BKMS보다 유리, ▼ 표시는 BKMS보다 불리를 뜻해요.

티커	ETF명	보수율	AUM	보유종목	배당률	YTD	1년
BKMS	BNY Mellon Municipal Short Duration ETF	0.35%	$429M	252	1.37%	-0.84%	-
SUB	iShares Short-Term National Muni Bond ETF	0.07% ▲	$11.3B ▲	2949	2.55% ▲	-	-0.45%
SHM	State Street SPDR Nuveen ICE Short Term Municipal Bond ETF	0.2% ▲	$3.5B ▲	1068	2.68% ▲	-	-0.69%
VTES	Vanguard Short-Term Tax Exempt Bond ETF	0.05% ▲	$2.2B ▲	3334	2.75% ▲	-	-0.52%
CGSM	Capital Group Short Duration Municipal Income ETF	0.25% ▲	$1.5B ▲	1031	2.95% ▲	-	+0.52%
TAFI	AB Tax-Aware Short Duration Municipal ETF	0.27% ▲	$1.4B ▲	711	3.12% ▲	-	-0.27%

AUM 내림차순 정렬 · ▲ BKMS보다 유리 · ▼ BKMS보다 불리

Leveraged & Covered Call ETFs on the Same Theme

ETFs that approach the same theme with a different strategy

9 ETFs tracking the same theme as BKMS using leveraged or covered call strategies (Leverage 2 · Inverse 3 · Covered Call 4)

Not direct derivatives of BKMS, but ETFs that cover the same theme via a different strategy.

ℹ️ Which ETFs are included?

Among ETFs whose theme (category or sector) overlaps with BKMS, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.

⚠️ Caution: Long-Term Holding

Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.

📈 Leverage 2 ETFs that amplify the same theme by 2-3x (high volatility)