BNY Mellon is trading at 49.77 as of the 30th of November 2024. This is a 0.04 percent increase since the beginning of the trading day. The etf's open price was 49.75. BNY Mellon has less than a 9 % chance of experiencing financial distress in the next few years and had a excellent performance during the last 90 days. Equity ratings for BNY Mellon ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in investment grade, U.S. dollar denominated fixed, variable, and floating rate debt or cash equivalents. BNY Mellon is traded on NYSEARCA Exchange in the United States. More on BNY Mellon ETF
BNY Mellon ETF Trust - BNY Mellon Ultra Short Income ETF
Currency Code
USD
Open Figi
BBG0122M5L01
In Threey Volatility
1.13
1y Volatility
0.66
200 Day M A
49.6011
50 Day M A
49.7237
Code
BKUI
Updated At
30th of November 2024
Currency Name
US Dollar
Type
ETF
BNY Mellon ETF [BKUI] is traded in USA and was established 2021-08-09. The fund is listed under Ultrashort Bond category and is part of BNY Mellon family. The entity is thematically classified as Broad Debt ETFs. BNY Mellon ETF currently have 26.86 M in assets under management (AUM). , while the total return for the last 3 years was 3.5%.
Check BNY Mellon Probability Of Bankruptcy
Geographic Allocation (%)
Top BNY Mellon ETF Etf Constituents
STARBIRD FDG C 11/09/2021
2.73%
WESTPAC SECS N 05/05/2022
2.73%
SOCIETE GENERA 12/16/2021
2.73%
BANCO SANTANDE 12/13/2021
2.73%
TORONTO DOMINI 11/12/2021
2.73%
SKANDINAVISKA 05/02/2022
2.73%
ING US FUNDING 12/13/2021
2.73%
UNITED OVERSEA 11/12/2021
2.73%
SWEDBANK FOREN 04/04/2022
2.91%
SVENSKA HANDEL 06/09/2022
3.09%
BNY Mellon ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BNY Mellon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether BNY Mellon ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BNY Mellon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bny Mellon Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bny Mellon Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BNY Mellon ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of BNY Mellon ETF is measured differently than its book value, which is the value of BNY that is recorded on the company's balance sheet. Investors also form their own opinion of BNY Mellon's value that differs from its market value or its book value, called intrinsic value, which is BNY Mellon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BNY Mellon's market value can be influenced by many factors that don't directly affect BNY Mellon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BNY Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine if BNY Mellon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNY Mellon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.