HEDG vs BKMS
Comparison between EQUABLE SHARES HEDGED EQUITY ETF (HEDG, ETF) and BNY Mellon Municipal Short Duration ETF (BKMS, ETF).
HEDG vs BKMS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
HEDG
$427M
Winner
BKMS
$428M
Expense Ratio
HEDG
0.96%
Winner
BKMS
0.35%
Max Drawdown
HEDG
4.33%
Winner
BKMS
1.53%
Sharpe Ratio
Winner
HEDG
1.13
BKMS
-1.69
5Y Beta
HEDG
0.35
Winner
BKMS
0.02
HEDG vs BKMS - Historical Returns
Returns include dividend reinvestment.
1M
Winner
HEDG
+2.27%
BKMS
+0.44%
3M
Winner
HEDG
+3.10%
BKMS
+0.65%
6M
Winner
HEDG
+4.32%
BKMS
+0.33%
1Y
HEDG
+9.03%
BKMS
N/A
Max(CAGR)
Winner
HEDG
+10.44%
BKMS
+1.68%
HEDG vs BKMS - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | HEDG | BKMS |
|---|---|---|
| 2026 | +5.67% | +1.04% |
| 2025 | +3.16% | N/A |
HEDG vs BKMS Drawdown Comparison
The maximum drawdown for HEDG was -3.85%, occurring on Mar 30, 2026. Recovery took 36 trading sessions.
The maximum drawdown for BKMS was -0.87%, occurring on Mar 26, 2026. Recovery took 74 trading sessions.
The current BKMS drawdown is -0.04%.
| Rank | HEDG | BKMS |
|---|---|---|
| #1 | -3.85% Feb 25, 2026 - Apr 17, 2026 | -0.87% Feb 27, 2026 - Jun 15, 2026 |
| #2 | -1.64% Nov 11, 2025 - Nov 25, 2025 | -0.51% Jun 29, 2026 - Aug 11, 2026 |
| #3 | -1.15% Feb 2, 2026 - Feb 24, 2026 | -0.18% Jan 23, 2026 - Jan 30, 2026 |
| #4 | -1.06% Jul 15, 2026 - Jul 31, 2026 | -0.18% Aug 12, 2026 - Aug 18, 2026 |
| #5 | -0.87% Jun 8, 2026 - Jun 30, 2026 | -0.13% Jun 15, 2026 - Jun 24, 2026 |
| #6 | -0.81% Jan 12, 2026 - Jan 26, 2026 | -0.08% Jan 16, 2026 - Jan 23, 2026 |
| #7 | -0.60% Nov 3, 2025 - Nov 10, 2025 | -0.08% Feb 17, 2026 - Feb 23, 2026 |
| #8 | -0.50% Oct 13, 2025 - Oct 17, 2025 | -0.06% Feb 9, 2026 - Feb 12, 2026 |
| #9 | -0.42% Dec 12, 2025 - Dec 19, 2025 | -0.06% Jun 24, 2026 - Jun 26, 2026 |
| #10 | -0.38% Aug 14, 2026 - Aug 25, 2026 | -0.02% Feb 5, 2026 - Feb 9, 2026 |
| #11 | -0.27% Jul 10, 2026 - Jul 15, 2026 | N/A |
| #12 | -0.23% Jun 2, 2026 - Jun 8, 2026 | N/A |
| #13 | -0.23% Jul 6, 2026 - Jul 9, 2026 | N/A |
| #14 | -0.20% Dec 26, 2025 - Jan 5, 2026 | N/A |
| #15 | -0.19% Jan 6, 2026 - Jan 9, 2026 | N/A |
Correlation
Correlation between HEDG and BKMS is 0.87 which considered as a strong positive correlation - the stocks tend to move together.
0.87
-101
Dividend Comparison (2025 - 2026)
HEDG vs BKMS dividend yield comparison.
| Year | HEDG | BKMS |
|---|---|---|
| 2026 | 0.96% | 1.67% |
| 2025 | 1.38% | 0.00% |
Select Stocks to Compare
Popular: HEDG vs SPYBKMS vs SPY
More Comparisons
Compare with similar stocks