SPYT vs BKHY
Comparison between DEFIANCE S&P 500 INCOME TARGET ETF (SPYT, ETF) and BNY MELLON HIGH YIELD ETF (BKHY, ETF).
SPYT vs BKHY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SPYT
$152M
Winner
BKHY
$153M
Expense Ratio
SPYT
0.92%
Winner
BKHY
0.22%
Max Drawdown
SPYT
24.76%
Winner
BKHY
22.43%
Sharpe Ratio
Winner
SPYT
1.32
BKHY
0.91
5Y Beta
SPYT
0.90
Winner
BKHY
0.23
5Y Dividends CAGR
SPYT
N/A
BKHY
0.31%
SPYT vs BKHY - Historical Returns
Returns include dividend reinvestment.
1M
SPYT
-0.09%
Winner
BKHY
+0.57%
3M
Winner
SPYT
+10.16%
BKHY
+2.73%
6M
Winner
SPYT
+8.31%
BKHY
+2.43%
1Y
Winner
SPYT
+19.96%
BKHY
+7.21%
5Y(CAGR)
SPYT
N/A
BKHY
+4.11%
Max(CAGR)
Winner
SPYT
+14.96%
BKHY
+6.61%
SPYT vs BKHY - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | SPYT | BKHY |
|---|---|---|
| 2026 | +7.63% | +1.91% |
| 2025 | +12.75% | +8.27% |
| 2024 | +12.97% | +8.85% |
| 2023 | N/A | +12.42% |
| 2022 | N/A | -10.93% |
| 2021 | N/A | +5.02% |
| 2020 | N/A | +17.82% |
SPYT vs BKHY Drawdown Comparison
The maximum drawdown for SPYT was -18.22%, occurring on Apr 8, 2025. Recovery took 92 trading sessions.
The maximum drawdown for BKHY was -15.89%, occurring on Sep 27, 2022. Recovery took 503 trading sessions.
The current SPYT drawdown is -2.31%. The current BKHY drawdown is -0.03%.
| Rank | SPYT | BKHY |
|---|---|---|
| #1 | -18.22% Feb 19, 2025 - Jul 2, 2025 | -15.89% Dec 27, 2021 - Dec 27, 2023 |
| #2 | -8.17% Jul 16, 2024 - Sep 19, 2024 | -4.87% Feb 28, 2025 - May 12, 2025 |
| #3 | -8.00% Feb 2, 2026 - Apr 14, 2026 | -3.59% Jun 8, 2020 - Jul 20, 2020 |
| #4 | -4.84% Oct 28, 2025 - Jan 6, 2026 | -2.53% Feb 20, 2026 - Apr 14, 2026 |
| #5 | -4.77% Mar 27, 2024 - May 14, 2024 | -2.50% Sep 2, 2020 - Oct 9, 2020 |
| #6 | -4.33% Jun 2, 2026 - Jun 10, 2026 | -2.21% Nov 9, 2021 - Dec 23, 2021 |
| #7 | -4.11% Dec 6, 2024 - Feb 18, 2025 | -2.08% Mar 20, 2024 - May 6, 2024 |
| #8 | -2.79% Oct 8, 2025 - Oct 24, 2025 | -1.86% Feb 12, 2021 - Apr 7, 2021 |
| #9 | -2.36% Jan 12, 2026 - Jan 27, 2026 | -1.85% Oct 12, 2020 - Nov 4, 2020 |
| #10 | -2.34% Oct 14, 2024 - Nov 6, 2024 | -1.75% Dec 6, 2024 - Jan 23, 2025 |
| #11 | -2.02% Jul 28, 2025 - Aug 8, 2025 | -1.48% Sep 15, 2021 - Nov 9, 2021 |
| #12 | -1.79% May 14, 2026 - May 26, 2026 | -1.41% Dec 27, 2023 - Jan 29, 2024 |
| #13 | -1.73% Nov 8, 2024 - Nov 26, 2024 | -1.31% Apr 30, 2020 - May 18, 2020 |
| #14 | -1.20% May 21, 2024 - Jun 5, 2024 | -1.20% Aug 6, 2020 - Aug 26, 2020 |
| #15 | -1.19% Aug 28, 2025 - Sep 10, 2025 | -1.14% Feb 1, 2024 - Mar 1, 2024 |
Correlation
Correlation between SPYT and BKHY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
0.96
-101
Dividend Comparison (2020 - 2026)
SPYT vs BKHY dividend yield comparison.
| Year | SPYT | BKHY |
|---|---|---|
| 2026 | 8.29% | 3.08% |
| 2025 | 21.40% | 7.33% |
| 2024 | 17.37% | 7.34% |
| 2023 | 0.00% | 8.67% |
| 2022 | 0.00% | 6.59% |
| 2021 | 0.00% | 6.78% |
| 2020 | 0.00% | 4.65% |
Select Stocks to Compare
Popular: SPYT vs SPYBKHY vs SPY
More Comparisons
Compare with similar stocks