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BKMC

BNY Mellon US Mid Cap Core Equity ETF (BKMC)

Rating:68Neutral
Price Target:$43.00â–²(9.58% Upside)

BKMC, the BNY Mellon US Mid Cap Core Equity ETF, has a solid overall rating that reflects a mix of strong mid-cap growth stories and some more challenging holdings. Standout positions like Tenet Healthcare, US Foods, and Permian Resources support the fund’s quality through robust financial performance, strategic initiatives, and generally positive outlooks, while weaker names such as Rubrik and Viatris, with profitability and valuation concerns, modestly weigh on the rating. The main risk factor is the fund’s exposure to several companies with financial or valuation challenges, which could add volatility even as the stronger holdings help balance that risk.

Positive Factors
Strong Top HoldingsMany of the largest positions have shown strong performance this year, helping support the ETF’s overall returns.
Broad Sector DiversificationThe fund is spread across many different sectors, which helps reduce the impact if any single industry runs into trouble.
Very Low Expense RatioThe ETF charges a very low annual fee, so more of the investment gains can stay in investors’ pockets instead of going to costs.
Negative Factors
Recent Short-Term WeaknessThe ETF has shown weak performance over the last one and three months, which may signal near-term volatility or pressure on mid-cap stocks.
Heavy U.S. ConcentrationAlmost all of the fund’s assets are invested in U.S. companies, offering very limited geographic diversification.
Exposure to Cyclical and Growth-Sensitive AreasSignificant allocations to sectors like industrials, technology, and consumer cyclical can make the fund more sensitive to economic slowdowns and market swings.

BKMC vs. SPDR S&P 500 ETF (SPY)

AUM
655.88M
Region
North America
Expense Ratio
0.04%
Beta
0.91
Issuer
BNY Mellon
Inception Date
Apr 09, 2020
Dividend Yield
3.19%
Asset Class
Equity
Index Tracked
Solactive GBS United States 400 Index - Benchmark TR Gross

BKMC Summary

BKMC, the BNY Mellon US Mid Cap Core Equity ETF, follows the Solactive GBS United States 400 Index, focusing on medium‑sized U.S. companies that are past the start‑up phase but still have room to grow. It spreads investments across many sectors, including technology, health care, and industrials, with holdings like Roku and Best Buy. Someone might invest in BKMC to get broad, diversified exposure to mid‑sized companies that can offer a mix of growth and stability. A key risk is that mid‑cap stocks can be more volatile than large, well‑known companies, so the ETF’s value can go up and down with the market.

How much will it cost me?

This ETF has an expense ratio of 0.04%, which means you’ll pay about $0.40 per year for every $1,000 invested. That’s lower than the average ETF because it’s passively managed and tracks an index, which keeps costs down.

What would affect this ETF?

This U.S. mid-cap ETF could benefit if the American economy grows steadily, supporting industrial, technology, and health care companies like PTC, Roku, and Tenet Healthcare, and if interest rates stabilize or fall, which often helps stocks in general. On the downside, higher interest rates, slower U.S. growth, or tighter health care and technology regulations could hurt many of its core holdings, while market downturns tend to hit mid-cap stocks harder than large, more established companies.

BKMC Top 10 Holdings

BKMC is leaning into a mix of mid-cap health care, tech, and energy names, with a fully U.S.-focused lineup. Guardant Health and Viatris are rising but still wrestling with profitability, so they add excitement with a bit of heartburn. On the tech side, PTC and Rubrik have been strong drivers, though stretched valuations mean they could lose steam if sentiment cools. Energy players like Ovintiv and Permian Resources are powering performance thanks to solid momentum and operational gains. Overall, the fund rides a diversified mid-cap growth wave, with a few riskier passengers on board.

BKMC top ten holdings
NameCompany NameWeight %Market ValueMarket CapYearly GainOverall Rating
GHGHGuardant Health0.59%$3.85M$23.99B93.49%61Neutral
THCTHCTenet Healthcare0.61%$3.96M$21.75B30.98%74Outperform
VTRSVTRSViatris0.59%$3.80M$21.86B83.74%60Neutral
PTCPTCPTC0.59%$3.81M$21.24B-0.93%73Outperform
USFDUSFDUS Foods Holding0.59%$3.82M$22.41B41.45%74Outperform
ROKUROKURoku0.55%$3.53M$23.04B55.07%65Neutral
TSE:OVVTSE:OVVOvintiv――――60Neutral
SWKSSWKSSkyworks Solutions0.52%$3.34M$20.60B10.64%70Outperform
RBRKRBRKRubrik, Inc. Class A0.48%$3.13M$25.74B74.74%50Neutral
PRPRPermian Resources0.52%$3.39M$21.79B109.67%81Outperform

BKMC Technical Analysis

Technical Analysis SentimentNeutral
Last Price39.24

Price Trends

50DMA39.47Negative
100DMA40.00Negative
200DMA39.13Positive

Market Momentum

MACD-0.02Negative
RSI51.51Neutral
STOCH86.70Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BKMC, the sentiment is Neutral. The current price of 39.24 is above the 20-day moving average (MA) of 38.96, below the 50-day MA of 39.47, and above the 200-day MA of 39.13, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 51.51 is Neutral, neither overbought nor oversold. The STOCH value of 86.70 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BKMC.

BKMC Peer Comparison

Comparison Results

BKMC against its peer funds
NamePricePrice TargetAUMExpense RatioOverall Rating
BKMCBKMC$39.24$43.00(9.58% Upside)$655.88M0.04%68Neutral
EZMEZM$74.99$87.96(17.29% Upside)$948.23M0.38%70Neutral
XMLVXMLV$66.05$73.28(10.94% Upside)$725.79M0.25%71Outperform
GRPMGRPM$144.72$160.56(10.94% Upside)$616.60M0.35%74Outperform
AVMCAVMC$78.70$93.80(19.19% Upside)$538.14M0.18%70Outperform
JPMEJPME$124.89$142.93(14.44% Upside)$496.12M0.24%70Neutral

Performance Comparison

0%10%20%BKMCEZMXMLVGRPMAVMCJPMEDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
BKMC and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
BKMCBNY Mellon US Mid Cap Core Equity ETF39.243.8911.01%
EZMWisdomTree U.S. MidCap Fund74.9910.9617.12%
XMLVInvesco S&P MidCap Low Volatility ETF66.056.1510.27%
GRPMInvesco S&P MidCap 400 GARP ETF144.7226.9122.84%
AVMCAvantis U.S. Mid Cap Equity ETF78.7010.3915.22%
JPMEJPMorgan Diversified Return U.S. Mid Cap Equity ETF124.8920.5819.73%
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.