From Nasdaq: 2024-05-21 06:20:07

The BNY Mellon US Large Cap Core Equity ETF (BKLC) offers exposure to the Large Cap Blend segment of the US equity market. With over $2.43 billion in assets, it is one of the larger ETFs in this category. BKLC has a 12-month trailing dividend yield of 1.28% and an expense ratio of 0%.

Large Cap Blend companies typically have market capitalizations above $10 billion and are less volatile than mid or small cap companies. This ETF has a heavy allocation to the Information Technology sector, with top holdings including Microsoft Corp (MSFT), Apple Inc (AAPL), and Nvidia Corp (NVDA). The ETF aims to match the performance of the Morningstar US Large Cap Index.

BKLC has gained approximately 11.98% year-to-date and 30.55% over the last year. It has a beta of 1.02 and a standard deviation of 17.66% for the trailing three-year period. The ETF carries a Zacks ETF Rank of 3 (Hold), making it a suitable option for those seeking exposure to Large Cap Blend stocks.

Investors looking for alternatives may consider the iShares Core S&P 500 ETF (IVV) or the SPDR S&P 500 ETF (SPY), both of which track similar indices. Passively managed ETFs like BKLC are popular for their low cost, transparency, and tax efficiency, making them ideal for long-term investors.

For more information on BKLC and other ETFs, visit the Zacks ETF Center for analysis, fund recommendations, and the latest news in the ETF investing universe. Subscribe to Zacks’ Fund Newsletter for weekly updates on top-performing ETFs and market analysis.



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