 BNY
Mellon US Small Cap Core Equity ETF (BKSE) is an exchange-traded fund
that tracks the performance of the Russell 2500 Index, which is
designed to measure the performance of the small to mid-cap segment of
the U.S. equity market. The fund is managed by BNY Mellon Investment
Adviser, Inc.
The Russell 2500 Index includes companies with
market capitalizations between approximately $50 million and $10
billion, and is composed of the smallest 2,500 securities in the
Russell 3000 Index. The index is weighted by float-adjusted market
capitalization, which means that companies with a larger market cap
have a greater weighting in the index.
The BKSE ETF aims to
provide investors with exposure to the small and mid-cap segment of
the U.S. equity market. Small and mid-cap companies tend to have
greater growth potential than larger companies, but also come with
higher risks. By investing in a diversified portfolio of small and
mid-cap companies, investors can potentially benefit from the growth
potential of these companies while spreading their risk across a broad
range of companies.
As of March 23, 2023, the BKSE ETF has a
total net asset value of approximately $97 million and holds over 800
individual stocks. The fund has an expense ratio of 0.12%, which is
relatively low compared to other small and mid-cap ETFs. The ETF pays
out a dividend on a quarterly basis, with a current yield of around
0.9%.
Investors should consider their own risk tolerance and
investment objectives before investing in the BKSE ETF or any other
ETF. It is important to note that past performance is not indicative
of future results, and there is always the risk of losing money when
investing in securities.
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