BNY Mellon’s BKDV up 13.17% — active large-cap value ETF

BNY Mellon’s Dynamic Value ETF (BKDV) posted a 13.17% gain in net asset value through May 31, 2026. The fund uses an active, bottom-up process that combines quantitative screening with company-level fundamental analysis.

The portfolio team evaluates individual companies for intrinsic value, positive business momentum and solid business fundamentals. Managers apply quantitative tools to narrow the universe of candidates and then use fundamental research to select holdings that meet the fund’s criteria for large-cap value stocks with current profits and cash flow.

Interest in large-cap value strategies has increased as investors assess macroeconomic uncertainty and look at equities with established earnings and cash flows. BKDV is structured as an actively managed alternative to passive value ETFs by allowing managers to select stocks on a company-by-company basis rather than replicate an index.

BNY Investments cited historical data supporting active management in the large-cap value sector. The firm wrote, “Over the last 10 years, the median large cap value manager has consistently outperformed the benchmark on a rolling three-year basis, while results for the top performing managers have been even stronger.” BNY Investments added that from 2016 through 2025, managers in the 10th percentile delivered more than 380 basis points of average annualized excess return.

BKDV’s process targets stocks that meet its three-factor criteria. Portfolio holdings are adjusted based on ongoing quantitative signals and company-level analysis.

Advisers and investors comparing value options may weigh whether a fund follows an index or uses active stock selection, how managers combine quantitative and fundamental inputs, past performance records, manager experience, fee levels and how a fund fits an investor’s risk profile.

As of the May 31 reporting date, BKDV’s NAV increase stood at 13.17% for the year to date.