ETF Evaluator: BNY Mellon International Equity ETF () Follow This ETF

BNY Mellon International Equity ETF Overview

BNY Mellon International Equity ETF (BKIE) is a passively managed International Equity Foreign Large Blend exchange-traded fund (ETF). BNY Mellon launched the ETF in 2020.

The investment seeks to track the performance of the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR. The fund invests all of its assets in equity securities comprising the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, depositary receipts based on securities comprising the index, ETFs providing exposure to such securities, and derivatives with economic characteristics similar to such securities or the index. The index is a free float market capitalization weighted index designed to measure the performance of developed market large- and mid-capitalization companies. It is non-diversified.

About BNY Mellon International Equity ETF (BKIE)

There are 5 members of the management team with an average tenure of 5.76 years: Marlene Walker-Smith (2020), David France (2020), Todd Frysinger (2020), Vlasta Sheremeta (2020) and Michael Stoll (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI EAFE NR USD index with a weighting of 100% and Solactive GBS DM ex US L&M Cap NR USD index with a weighting of 100%. BNY Mellon International Equity ETF has 1000 securities in its portfolio. The top 10 holdings constitute 12.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

BNY Mellon International Equity ETF is part of the Equity global asset class and is within the International Equity ETF group. BNY Mellon International Equity ETF has 98.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.1% There is 98.4% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). BNY Mellon International Equity ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is below the $9 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

BKIE Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The BNY Mellon International Equity ETF expense ratio is low compared to funds in the Foreign Large Blend category. BNY Mellon International Equity ETF has an expense ratio of 0.04%, which is 90% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. BNY Mellon International Equity ETF has a portfolio turnover rate of 9%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 38% for the Foreign Large Blend category.

Recently, in the month of July 2026, BNY Mellon International Equity ETF returned 2.3%, which earned it a grade of B, as the Foreign Large Blend category had an average return of 1.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

BNY Mellon International Equity ETF has a trailing yield of 3.15%, which is above the 2.56% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

BNY Mellon International Equity ETF Grades

Year to date, the ETF has returned 11.8%, 0.3 percentage points worse than the category, which translates into a grade of C. The fund has returned 25.5% over the past year (grade of C), 16.8% over the past three years (grade of C) and 10.1% per year over the past five years (grade of B).

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