BKMS vs CDX
Comparison between BNY Mellon Municipal Short Duration ETF (BKMS, ETF) and SIMPLIFY HIGH YIELD ETF (CDX, ETF).
BKMS vs CDX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
BKMS
$438M
Winner
CDX
$440M
Expense Ratio
BKMS
0.35%
Winner
CDX
0.25%
Max Drawdown
Winner
BKMS
1.30%
CDX
17.00%
Sharpe Ratio
BKMS
-1.83
Winner
CDX
-0.91
5Y Beta
Winner
BKMS
0.02
CDX
0.42
BKMS vs CDX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
BKMS
+0.26%
CDX
-0.63%
3M
Winner
BKMS
+0.04%
CDX
-1.54%
6M
BKMS
N/A
CDX
-2.51%
1Y
BKMS
N/A
CDX
-1.54%
5Y(CAGR)
BKMS
N/A
CDX
+4.25%
Max(CAGR)
BKMS
+1.37%
Winner
CDX
+4.25%
BKMS vs CDX - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | BKMS | CDX |
|---|---|---|
| 2026 | +0.54% | -1.86% |
| 2025 | N/A | +8.81% |
| 2024 | N/A | +7.75% |
| 2023 | N/A | +12.25% |
| 2022 | N/A | -8.08% |
BKMS vs CDX Drawdown Comparison
The maximum drawdown for BKMS was -0.87%, occurring on Mar 26, 2026. This drawdown has not yet recovered.
The maximum drawdown for CDX was -13.23%, occurring on Oct 20, 2022. Recovery took 429 trading sessions.
The current BKMS drawdown is -0.17%. The current CDX drawdown is -7.15%.
| Rank | BKMS | CDX |
|---|---|---|
| #1 | -0.87% Feb 27, 2026 - Mar 26, 2026 | -13.23% Mar 2, 2022 - Nov 14, 2023 |
| #2 | -0.18% Jan 23, 2026 - Jan 30, 2026 | -8.88% Apr 9, 2025 - Apr 11, 2025 |
| #3 | -0.08% Jan 16, 2026 - Jan 23, 2026 | -6.73% Apr 2, 2025 - Apr 9, 2025 |
| #4 | -0.08% Feb 17, 2026 - Feb 23, 2026 | -3.14% Oct 3, 2024 - Jan 21, 2025 |
| #5 | -0.06% Feb 9, 2026 - Feb 12, 2026 | -2.41% Mar 19, 2024 - May 15, 2024 |
| #6 | -0.02% Feb 5, 2026 - Feb 9, 2026 | -1.65% May 15, 2024 - Jun 12, 2024 |
| #7 | N/A | -1.64% Mar 3, 2025 - Mar 20, 2025 |
| #8 | N/A | -1.47% Mar 20, 2025 - Apr 2, 2025 |
| #9 | N/A | -1.28% Dec 27, 2023 - Jan 10, 2024 |
| #10 | N/A | -1.13% Jun 18, 2024 - Jul 8, 2024 |
| #11 | N/A | -1.05% Aug 5, 2024 - Aug 13, 2024 |
| #12 | N/A | -1.05% Nov 14, 2023 - Nov 27, 2023 |
| #13 | N/A | -0.96% Feb 1, 2024 - Feb 22, 2024 |
| #14 | N/A | -0.85% Jan 21, 2025 - Feb 3, 2025 |
| #15 | N/A | -0.80% Jan 12, 2024 - Feb 1, 2024 |
Correlation
Correlation between BKMS and CDX is 0.30 which considered as a very weak or no correlation - the stocks move independently of each other.
0.30
-101
Dividend Comparison (2022 - 2026)
BKMS vs CDX dividend yield comparison.
| Year | BKMS | CDX |
|---|---|---|
| 2026 | 1.11% | 3.37% |
| 2025 | 0.00% | 7.18% |
| 2024 | 0.00% | 12.60% |
| 2023 | 0.00% | 5.26% |
| 2022 | 0.00% | 7.51% |
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