BKMS vs ALAI
Comparison between BNY Mellon Municipal Short Duration ETF (BKMS, ETF) and ALGER AI ENABLERS & ADOPTERS ETF (ALAI, ETF).
BKMS vs ALAI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
BKMS
$438M
ALAI
$437M
Expense Ratio
Winner
BKMS
0.35%
ALAI
0.58%
Max Drawdown
Winner
BKMS
1.30%
ALAI
29.36%
Sharpe Ratio
BKMS
-1.86
Winner
ALAI
1.75
5Y Beta
Winner
BKMS
0.02
ALAI
1.53
P/E Ratio
BKMS
N/A
ALAI
40.54
Forward P/E
BKMS
N/A
ALAI
29.09
PEG Ratio
BKMS
N/A
ALAI
0.38
5Y EPS CAGR
BKMS
N/A
ALAI
41.71%
P/S Ratio
BKMS
N/A
ALAI
2.91
P/B Ratio
BKMS
N/A
ALAI
10.37
BKMS vs ALAI - Historical Returns
Returns include dividend reinvestment.
1M
BKMS
+0.46%
Winner
ALAI
+8.43%
3M
BKMS
+0.16%
Winner
ALAI
+31.94%
6M
BKMS
+0.62%
Winner
ALAI
+30.51%
1Y
BKMS
N/A
ALAI
+57.99%
Max(CAGR)
BKMS
+1.45%
Winner
ALAI
+46.38%
BKMS vs ALAI - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | BKMS | ALAI |
|---|---|---|
| 2026 | +0.62% | +25.09% |
| 2025 | N/A | +38.27% |
| 2024 | N/A | +31.47% |
BKMS vs ALAI Drawdown Comparison
The maximum drawdown for BKMS was -0.87%, occurring on Mar 26, 2026. Recovery took 74 trading sessions.
The maximum drawdown for ALAI was -29.36%, occurring on Apr 4, 2025. Recovery took 80 trading sessions.
The current BKMS drawdown is -0.13%. The current ALAI drawdown is -2.76%.
| Rank | BKMS | ALAI |
|---|---|---|
| #1 | -0.87% Feb 27, 2026 - Jun 15, 2026 | -29.36% Feb 14, 2025 - Jun 11, 2025 |
| #2 | -0.18% Jan 23, 2026 - Jan 30, 2026 | -19.51% Oct 29, 2025 - Apr 17, 2026 |
| #3 | -0.13% Jun 15, 2026 - Jun 17, 2026 | -15.99% Jul 10, 2024 - Sep 24, 2024 |
| #4 | -0.08% Jan 16, 2026 - Jan 23, 2026 | -10.43% Jun 1, 2026 - Jun 10, 2026 |
| #5 | -0.08% Feb 17, 2026 - Feb 23, 2026 | -8.76% Apr 11, 2024 - May 14, 2024 |
| #6 | -0.06% Feb 9, 2026 - Feb 12, 2026 | -7.56% Jan 23, 2025 - Feb 13, 2025 |
| #7 | -0.02% Feb 5, 2026 - Feb 9, 2026 | -5.18% Dec 6, 2024 - Jan 6, 2025 |
| #8 | N/A | -5.07% Aug 12, 2025 - Aug 28, 2025 |
| #9 | N/A | -4.58% Oct 9, 2025 - Oct 27, 2025 |
| #10 | N/A | -4.39% Jan 6, 2025 - Jan 21, 2025 |
| #11 | N/A | -4.07% May 14, 2026 - May 21, 2026 |
| #12 | N/A | -3.53% Jul 31, 2025 - Aug 7, 2025 |
| #13 | N/A | -3.08% May 28, 2024 - Jun 5, 2024 |
| #14 | N/A | -2.98% Oct 29, 2024 - Nov 6, 2024 |
| #15 | N/A | -2.89% Jun 18, 2024 - Jul 3, 2024 |
Correlation
Correlation between BKMS and ALAI is 0.49 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.49
-101
Dividend Comparison (2024 - 2026)
BKMS vs ALAI dividend yield comparison.
| Year | BKMS | ALAI |
|---|---|---|
| 2026 | 1.11% | 0.00% |
| 2025 | 0.00% | 1.50% |
| 2024 | 0.00% | 0.66% |
Select Stocks to Compare
Popular: BKMS vs SPYALAI vs SPY
More Comparisons
Compare with similar stocks