BNY Mellon Dynamic Value ETF (BKDV)

The BNY Mellon Dynamic Value ETF (BKDV) is an actively managed exchange-traded fund that invests mainly in U.S. stocks the portfolio managers consider undervalued. Rather than tracking an index, the fund relies on fundamental research to pick individual companies, combining a value orientation with attention to business quality and catalysts that could lead the market to reassess a stock.

The portfolio concentrates on large and mid-sized companies across a range of sectors, with sector weights driven by where the managers find attractive opportunities rather than by a benchmark. The fund is sponsored by BNY Investments, the asset management arm of The Bank of New York Mellon, and trades on NYSE Arca.