BNY Mellon Women's Opportunities ETF (BKWO)
- CUSIP 09661T792
- NAV $ 25.76 As of 06/06/23
- CHG $ 0.16 (0.62 %)
- MKT PRICE $25.78 As of 06/06/23
- CHG $0.17 (0.66 %)
- TOT EXPENSE RATIO 0.50%
Why invest in this Fund?
- The fund seeks long-term capital growth, and looks to invest principally in U.S. companies that have attractive financial attributes and promote “women’s opportunities” – opportunities that can enhance the professional development and advancement of women and/or the ability of women to meet their work or other personal life responsibilities.
- The fund considers companies that promote women’s opportunities to be companies that demonstrate gender equity practices in the workplace and/or that provide products or services that are believed to enhance the lives of women, including female participation in management and board representation, positive benefit programs including family leave and flexible work arrangements, as well as companies that offer products /services that help women meet daily life needs.
- Provides investors with a growth-oriented investment with the added focus on gender equality and supporting women’s opportunities.
- BNY Mellon ETF Investment Adviser, LLC will make contributions to one or more charitable organizations which seeks to promote opportunities for women and/or girls, in an amount representing at least 10% annually of the management fee.
- Liquid ETF structure allows investors to buy or sell any time the market is open.
NAV - A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.
Portfolio Managers
-
Julianne D. McHugh
Senior Portfolio Manager, Newton Investment Management North America, LLC
Since Fund Inception
-
Karen Behr
Portfolio Manager, Newton Investment Management North America, LLC
Since Fund Inception
Daily Statistics
As of 06/06/23 NAME |
30-DAY SEC YIELD (WITHOUT WAIVER) |
30-DAY SEC YIELD (WITH WAIVER) |
30-DAY MEDIAN BID/ASK SPREAD |
PREVIOUS DAY VOLUME |
20-DAY AVG VOLUME |
PREMIUM/ DISCOUNT |
SINCE INCEPTION Total Return (NAV) |
---|---|---|---|---|---|---|---|
BNY Mellon Women's Opportunities ETF
|
- | - | - | 21 | 70 | 0.07% | 3.04% |
Past performance is no guarantee of future results.
30-Day SEC Yield - 30-Day SEC Yield is based upon dividends per share from net investment income during the past 30 days, divided by the period ended maximum offering price per share and annualized. Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.
30-Day Median Bid-Ask Spread - Gives investors the midpoint within the spread between an ETF’s selling price and buying price. It is calculated over the last 30 days in 10 second intervals by dividing the difference between the bid (sell price) and offer (buy price) by the midpoint of the National Best Bid Offer (NBBO) and identifying the median of those values.
20-Day Avg Volume - 20-Day Average Volume is the sum of last 20 days of trading volume divided by 20 days.
Premium / Discount - The amount the fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.
Historical NAV and Market Price
Historical Premium/Discount
Prospectus Fee Table Expense Ratios
Fees as stated in the prospectus Fee Description | Total Expense Ratio (%) |
---|---|
Management Fee | 0.50% |
Other Expenses | 0.00% |
Total Expenses | 0.50% |
The Total Expenses is the actual fund expense ratio applicable to investors.
Portfolio Manager/Sub-Investment Adviser
The fund's investment adviser is BNY Mellon ETF Investment Adviser, LLC and the fund's sub-adviser is Newton Investment Management North America LLC (NIMNA), an affiliate of the Adviser.
Julianne McHugh and Karen Behr are the fund's primary portfolio managers, positions they have held since the fund's inception in May, 2023. Ms. McHugh is Head of Sustainable Equities and a senior portfolio manager at NIMNA. Ms. McHugh has been employed by NIMNA or a predecessor company since 2004. Ms. Behr is a portfolio manager at NIMNA. Ms. Behr has been employed by NIMNA or a predecessor company since 2008. Mses. McHugh and Behr are jointly and primarily responsible for the day-to-day management of the fund's portfolio.
Top Holdings
Holdings | % Portfolio Weight |
---|---|
MICROSOFT CORP | 7.85 |
AMAZON.COM INC | 5.26 |
ELI LILLY & CO | 3.47 |
JPMORGAN CHASE & CO | 3.27 |
ABBVIE INC | 2.95 |
MASTERCARD INC - A | 2.89 |
ACCENTURE PLC-CL A | 2.85 |
BRIGHT HORIZONS FAMILY SO | 2.77 |
UBER TECHNOLOGIES INC | 2.77 |
SHOPIFY INC - CLASS A | 2.77 |
ILLUMINA INC | 2.66 |
COOPER COS INC/THE | 2.63 |
INTUIT INC | 2.58 |
DREYFUS INSTITUTIONAL PRE | 2.54 |
ANSYS INC | 2.45 |
HUBSPOT INC | 2.42 |
PROGRESSIVE CORP | 2.38 |
ESTEE LAUDER COMPANIES-CL | 2.37 |
FEDEX CORP | 2.35 |
ALCOA CORP | 2.30 |
PEPSICO INC | 2.27 |
DANAHER CORP | 2.26 |
PROGYNY INC | 2.22 |
OMNICOM GROUP | 2.17 |
BANK OF AMERICA CORP | 2.07 |
BOSTON SCIENTIFIC CORP | 2.05 |
TEXAS INSTRUMENTS INC | 2.04 |
EXELON CORP | 1.89 |
LULULEMON ATHLETICA INC | 1.85 |
WALT DISNEY CO/THE | 1.71 |
SCHLUMBERGER LTD | 1.54 |
NVIDIA CORP | 1.52 |
WORKDAY INC-CLASS A | 1.50 |
EXXON MOBIL CORP | 1.47 |
TRANE TECHNOLOGIES PLC | 1.44 |
HOLOGIC INC | 1.39 |
ETSY INC | 1.38 |
HERSHEY CO/THE | 1.37 |
CATERPILLAR INC | 1.36 |
OCCIDENTAL PETROLEUM CORP | 1.23 |
BLOCK INC | 1.14 |
ADDUS HOMECARE CORP | 1.05 |
ALNYLAM PHARMACEUTICALS I | 0.90 |
MODIVCARE INC | 0.81 |
Net Current Assets | -0.16 |
% Portfolio Weight is calculated using the closing market price of each security from the prior business day.
Main Risks
ETFs trade like stocks, are subject to investment risk, including possible loss of principal.
Equities are subject to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees. Small and midsized company stocks tend to be more volatile and less liquid than larger company stocks as these companies are less established and have more volatile earnings histories. The fund's incorporation of women's opportunities considerations into its investment approach may cause the fund to make different investments than funds that invest principally in equity securities but do not incorporate women's empowerment considerations when selecting investments. Under certain economic conditions, this could cause the fund to underperform funds that do not incorporate women's empowerment considerations. The incorporation of women's opportunities considerations may also affect the fund's exposure to certain sectors and/or types of investments and may adversely impact the fund's performance depending on whether such sectors or investments are in or out of favor in the market.
The fund expects to invest a significant portion of its assets in securities of companies in the healthcare and information technology sectors.
The healthcare sector is subject to government regulation and reimbursement rates, as well as government approval of products and services, which could have a significant effect on price and availability. Furthermore, the types of products or services produced or provided by healthcare companies quickly can become obsolete. In addition, companies in the healthcare sector can be significantly affected by patent expirations, pricing pressure, and product liability claims.
The information technology sector has been among the most volatile sectors of the stock market. Information technology companies involve greater risk because their revenue and/or earnings tend to be less predictable (and some companies may be experiencing significant losses) and their share prices tend to be more volatile. Certain information technology companies may have limited product lines, markets or financial resources, or may depend on a limited management group. In addition, these companies are strongly affected by worldwide technological developments, and their products and services may not be economically successful or may quickly become outdated. Investor perception may play a greater role in determining the day-to-day value of information technology stocks than it does in other sectors. Fund investments may decline dramatically in value if anticipated products or services are delayed or cancelled.
The fund is non-diversified, which means that the fund may invest a relatively high percentage of its assets in a limited number of issuers. Therefore, the fund's performance may be more vulnerable to changes in the market value of a single issuer or group of issuers and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund.
Although fund shares are listed for trading on an exchange and may be listed or traded on other U.S. and non-U.S. stock exchanges as well, there can be no assurance that an active trading market for such fund shares will develop or be maintained. Trading in fund shares may be halted due to market conditions or for reasons that, in the view of the listing exchange, make trading in fund shares inadvisable. In addition, trading in fund shares on an exchange is subject to trading halts caused by extraordinary market volatility pursuant to exchange "circuit breaker" rules. There can be no assurance that the requirements of the listing exchange necessary to maintain the listing of the fund will continue to be met or will remain unchanged or that fund shares will trade with any volume, or at all, on any stock exchange.Please refer to the prospectus for a more complete discussion of the fund's main risks.
Financial contributions from BNY Mellon ETF Investment Adviser, LLC (the "Adviser") and/or certain of its affiliates to organizations will be made annually in an amount representing at least 10% of the management fee paid by the fund to the Adviser, after any fee waivers and/or expense reimbursements by the Adviser.
Dividend Schedule
Literature
PRODUCT INFORMATION
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BNY Mellon Thematic ETF Presentation | Download | Share | ||
BNY Mellon ETF Profile Sheet | Download | Share |
Prospectus and Reports
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Prospectus | Download | Share | ||
Summary Prospectus | Download | Share | ||
SAI | Download | Share |