BKIE ISSUER
The BNY Mellon International Equity ETF (BKIE) is managed by BNY Mellon Investment Adviser, Inc. and seeks to provide investors with exposure to international developed market (excluding the United States) large- and mid-capitalization companies. The ETF aims to replicate the performance of the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, a market capitalization-weighted index that excludes U.S. companies. BKIE's investment strategy aligns with the index's methodology, providing investors with diversified international equity exposure. As of June 30, 2023, the index had significant exposure to issuers located in Japan and the European region, reflecting the fund's commitment to mirroring the index's regional focus.
BKIE DIVIDEND
The BKIE Dividend reflects the dividend distribution of the BNY Mellon International Equity ETF (BKIE). While BKIE's primary objective is international equity exposure, it may still yield dividends. Dividend distributions typically align with the performance of the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, which the ETF tracks. Investors should note that dividend eligibility and distribution depend on the dividend policies of the underlying companies within the index. BKIE may be attractive for those seeking international equity exposure with the potential for dividend returns.
BKIE TRACKING
The BKIE ETF, also known as the BNY Mellon International Equity ETF, closely tracks the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR. This index is designed to measure the performance of large- and mid-capitalization companies in developed markets, excluding the United States. The index includes equity securities issued by companies listed on developed market exchanges that meet certain tradability requirements. As of May 10, 2023, the index considers countries like Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom as developed market countries. The index reconstitutes semi-annually in May and November and, as of June 30, 2023, comprised 1,063 securities. Additionally, the BKIE ETF may concentrate its assets in specific industries or regions to align with the index's focus, with significant exposure to issuers in Japan and the European region as of June 30, 2023.
BKIE CORRELATION
The correlation aspect of the BNY Mellon International Equity ETF (BKIE) is known for its focus on tracking the performance of developed market (excluding the United States) large- and mid-capitalization companies. As BKIE follows the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, its correlation with these international markets is a key factor for investors. This ETF typically exhibits a high correlation with the performance of companies in developed markets such as those in Europe, Asia, and other regions outside the United States. Investors often use BKIE's correlation data to gauge its effectiveness in providing exposure to international markets while managing risk and diversifying their portfolios.
BKIE SECTOR
The BNY Mellon International Equity ETF (BKIE) primarily invests in companies from developed markets outside the United States. The ETF follows the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, which is designed to track the performance of large- and mid-capitalization companies in developed markets, excluding the United States. As of June 30, 2023, this index had a significant exposure to issuers located in Japan and the European region, reflecting BKIE's focus on these regions. Investors in BKIE can gain diversified exposure to international markets while mitigating exposure to the United States.
BKIE EXPOSURE
The exposure characteristic of the BNY Mellon International Equity ETF (BKIE) is centered on developed markets outside of the United States. BKIE seeks to track the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, which measures the performance of large- and mid-capitalization companies in developed markets, excluding the United States. As of its most recent composition, the index includes securities from countries such as Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom. This ETF provides exposure to a diverse range of international markets, allowing investors to access opportunities in established economies beyond the U.S.