BNY Mellon US Large Cap Core Equity ETF (BKLC) is a ETF from BNY Mellon Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BKLC returned -58.83% while SPY returned +23.66%. Year to date, BKLC is down 62.07% versus a gain of 13.79% for SPY.

Over three years, BKLC compounded at -15.19% per year against +21.40% for SPY; over five years the annualized figures are -8.85% and +13.37% respectively. Across the full 6-year window we track, SPY has the edge at +8.85% annualized vs +0.25%. Past performance does not guarantee future results.

BKLC has been the more volatile fund, with annualized monthly volatility of 31.4% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -68.0% for BKLC and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.

BKLC charges 0.00% per year while SPY charges 0.09%. On a $10,000 position that is $0 vs $9 annually, a gap of $9 per year that compounds over a long holding period. On income, BKLC currently yields 0.34% against 1.01% for SPY.