Please ensure Javascript is enabled for purposes of website accessibility

    BNY Mellon Women's Opportunities ETF (BKWO)

    • CUSIP 09661T792
    • NAV  $ 31.27 As of  04/15/24
    • CHG  $ -0.41 (-1.29 %)
    • MKT PRICE  $31.28 As of  04/15/24
    • CHG  $-0.40 (-1.26 %)
    • 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.
    INCEPTION DATE
    05/16/23
    NET ASSETS
    $12,506,934  As of  04/15/24
    NUMBER OF SHARES OUTSTANDING
    400,001  As of  04/15/24
    MARKET PRICE 52-WEEK HIGH
    $32.71  As of  03/21/24
    MARKET PRICE 52-WEEK LOW
    $24.01  As of  10/27/23
    TURNOVER RATIO TTM
    0.00 As of  03/31/24
    DISTRIBUTION FREQUENCY
    Annually
    Morningstar Category
    Large Blend
    Number of Holdings
    53 As of  03/31/24
    PRICE/EARNINGS RATIO
    0.00 As of  03/31/24
    PRICE/BOOK RATIO
    5.52 As of  03/31/24
    WEIGHTED AVERAGE MARKET CAP
    (in millions)
    $669,092 As of  03/31/24
    SUB-ASSET CLASS
    Large Cap - Blend
    EXCHANGE
    NASDAQ

    Yields and Expense Ratio

    30-DAY SEC YIELD
    as of 04/15/24
     SUBSIDIZED
    UNSUBSIDIZED DIVIDEND YIELD
    (ANNUALIZED)
    as of  03/31/24
    CONTRACTUAL
    FEE WAIVER END DATE
    PROSPECTUS FEE TABLE EXPENSE RATIO (%)
    as of  05/04/23
    NET
    GROSS
    0.34 0.34 0.77 - 0.50 0.50

    Yield fluctuates and past performance is no guarantee of future results.

    The SEC 30-day Yield is calculated by dividing the net investment income per share earned during the period (calculated in accordance with regulatory guidelines) by the maximum offering price per share on the last day of the period.

    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.

     

    NAV - A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

    Market Price - The market price is the most recent price at which the fund was traded.

    Price/Earnings Ratio - Price-to-earnings (P/E) is the ratio of the market price of a firm’s common stock to its current (or predicted) earnings per share.

    Price/Book Ratio - Price-to-book value (P/B) is a ratio used to compare a stock's market value with its book value. It is calculated by dividing the current closing price of the stock by the latest quarter’s book value (assets minus liabilities).

    Weighted Avg Market Cap - Weighted average market cap is the average market capitalization of corporations in a fund or index, weighted by the percentage of the holding in the fund or index.

    Portfolio Managers

    • Julianne D. McHugh

      Julianne D. McHugh

      Senior Portfolio Manager, Newton Investment Management North America, LLC

      Managing Fund Since Inception

      Joined Firm in 2004

      Joined Industry in 1992

    • Karen Miki Behr

      Karen Miki Behr

      Portfolio Manager, Newton Investment Management North America, LLC

      Managing Fund Since Inception

      Joined Firm in 2007

      Joined Industry in 1999

    Daily Statistics

    As of  04/15/24 NAME 30-DAY MEDIAN 
    BID/ASK 
    SPREAD
    PREVIOUS DAY
    VOLUME
    20-DAY AVG 
    VOLUME
    PREMIUM/ 
    DISCOUNT
    YTD
    Total Return
    (NAV)
    BNY Mellon Women's Opportunities ETF
    0.15% 0 47 0.05% 9.26%

    Past performance is no guarantee of future results.

     

    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.

    Total Returns

    Click here for NAV Returns 
    MARKET PRICE
    Average Annual
    As of 03/31/24
    Name 3 MO
    03/31/24
    YTD
    03/31/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    03/31/24
    BNY Mellon Women's Opportunities ETF
    BKWO
    14.21 14.21 - - - - 31.15
    S&P 500® Index
    10.56 10.56 29.88 11.49 15.05 12.96 -
    MARKET PRICE
    Average Annual
    As of 03/31/24
    Name 3 MO
    03/31/24
    YTD
    03/31/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    03/31/24
    BNY Mellon Women's Opportunities ETF
    BKWO
    14.21 14.21 - - - - 31.15
    S&P 500® Index
    10.56 10.56 29.88 11.49 15.05 12.96 -

    The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Returns less than 1 year are not annualized.

    Market Price performance is calculated using the most recent NASDAQ Official Closing Price. Market Price returns do not represent investors’ returns had they traded shares at other times.

    The S&P 500® Index is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. Investors cannot invest directly in any index.

    The fund currently does not have a stated benchmark to measure performance against, however comparison of fund performance to an appropriate index indicates how the fund's returns compare with those of a broad measure of market performance. Past performance is no guarantee of future results.

    Growth of $10,000 Investment

    Historical NAV and Market Price

      Historical Premium/Discount

      Premium and Discount Summary Table

      As of  04/15/24 Calendar Year 2023 Q1 2024
      Days Traded at Premium
      116 42
      Days Traded at Discount
      44 20

      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%
      Net 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

      As of 04/16/24
      Holdings % Portfolio Weight
      MICROSOFT CORP 8.51
      AMAZON.COM INC 6.28
      NVIDIA CORP 6.02
      META PLATFORMS INC-CLASS 3.90
      JPMORGAN CHASE & CO 3.29
      UBER TECHNOLOGIES INC 3.13
      MASTERCARD INC - A 2.88
      ABBVIE INC 2.54
      PROGRESSIVE CORP 2.54
      ELI LILLY & CO 2.46
      SHOPIFY INC - CLASS A 2.46
      INTUIT INC 2.43
      BRIGHT HORIZONS FAMILY SO 2.31
      HUBSPOT INC 2.01
      TRANE TECHNOLOGIES PLC 1.99
      APPLIED MATERIALS INC 1.94
      ACCENTURE PLC-CL A 1.91
      BOSTON SCIENTIFIC CORP 1.75
      PEPSICO INC 1.72
      MICRON TECHNOLOGY INC 1.71
      OCCIDENTAL PETROLEUM CORP 1.52
      WORKDAY INC-CLASS A 1.49
      PROGYNY INC 1.49
      EDWARDS LIFESCIENCES CORP 1.47
      PROCTER & GAMBLE CO/THE 1.45
      SCHLUMBERGER LTD 1.40
      FEDEX CORP 1.40
      CENTENE CORP 1.40
      DOMINION ENERGY INC 1.34
      BANK OF AMERICA CORP 1.32
      LAM RESEARCH CORP 1.27
      COSTAR GROUP INC 1.25
      AKAMAI TECHNOLOGIES INC 1.24
      CATERPILLAR INC 1.22
      COOPER COS INC/THE 1.22
      WALT DISNEY CO/THE 1.13
      HOLOGIC INC 1.13
      AVANTOR INC 1.07
      CONOCOPHILLIPS 1.05
      BLOCK INC 1.05
      LULULEMON ATHLETICA INC 1.04
      ZOETIS INC 1.04
      TEXAS INSTRUMENTS INC 1.01
      CONSTELLIUM SE 0.98
      DREYFUS INSTITUTIONAL PRE 0.97
      ILLUMINA INC 0.96
      DOUBLEVERIFY HOLDINGS INC 0.95
      PTC INC 0.94
      ADDUS HOMECARE CORP 0.89
      FIRST HORIZON CORP 0.87
      PINTEREST INC- CLASS A 0.83
      VERALTO CORP 0.74
      ALNYLAM PHARMACEUTICALS I 0.57
      NATERA INC 0.48
      Net Current Assets 0.06

      % Portfolio Weight is calculated using the closing market price of each security from the prior business day.

      Holdings are subject to change. The holdings listed should not be considered recommendations to buy or sell a security.

      Asset Allocation

          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

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Feb 28

          Distributions History

          (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN
          LONG-TERM 
          CAPITAL GAIN
          RETURN OF CAPITAL TOTAL DISTRIBUTION
          12/27/23 12/28/23 01/03/24 0.0761 0.0000 0.0000 0.0000 0.0761
          (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN
          LONG-TERM 
          CAPITAL GAIN
          RETURN OF CAPITAL TOTAL DISTRIBUTION

          Literature

          PRODUCT INFORMATION

          • Download
          • Share
          • Subscribe
          • Order
          BNY Mellon Thematic ETF Presentation Download
          BNY Mellon ETF Profile Sheet Download

          Prospectus and Reports

          • Download
          • Share
          • Subscribe
          • Order
          Factsheet Download
          Prospectus Download
          Summary Prospectus Download
          SAI Download
          Semi Annual Report Download
          1Q Fiscal Holdings Download
          3Q Fiscal Holdings Download

          Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains that and other information about the fund, and read it carefully before investing.

          ETF shares are listed on an exchange, and shares are generally purchased and sold in the secondary market at market price. At times, the market price may be a premium or discount to the ETF's per share NAV. In addition, ETFs are subject to the risk that an active trading market for an ETF's shares may not develop or be maintained. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions. Any applicable brokerage commissions will reduce returns.

          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. The risks of investing in this ETF typically reflect the risks associated with the types of instruments in which the ETF invests. Diversification cannot assure a profit or protect against loss.

          The fund will issue (or redeem) fund shares to certain institutional investors known as “Authorized Participants” (typically market makers or other broker-dealers) only in large blocks of fund shares known as “Creation Units.” BNY Mellon Securities Corporation (“BNYMSC”), a subsidiary of the BNY Mellon, serves as distributor of the fund. BNYMSC does not distribute fund shares in less than Creation Units, nor does it maintain a secondary market in fund shares. BNYMSC may enter into selected agreements with Authorized Participants for the sale of Creation Units of Creation Units of fund shares.

          Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

          This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

          Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.