BKDV vs FLV
BNY Mellon Dynamic Value ETF vs American Century Focused Large Cap Value ETF
Which is better, BKDV or FLV?
BKDV has been ahead.
FLV has a lower expense ratio. BKDV led over 1Y and the full window. FLV is less concentrated, with 32.6% of the fund in its ten largest positions against 33.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BKDV | FLV |
|---|---|---|
| Expense Ratio | 0.60% | 0.42%Best |
| AUM | $2.2B | $379M |
| Dividend Yield | 0.53% | 1.73% |
| Holdings | 84 | 56 |
| YTD Return | +17.11%Best | +12.50% |
| 1Y Return | +23.83%Best | +16.84% |
| 3Y Return (annualized) | - | +16.33% |
| 5Y Return (annualized) | - | +9.83% |
| Volatility (annualized) | 11.8%Best | 12.3% |
| Max Drawdown | -15.5% | -12.4%Best |
| $10,000 over 1.9 years | $13,788Best | $12,686 |
| Top 10 Weight | 33.5% | 32.6%Best |
| Fund Family | BNY Mellon Investment Management | American Century ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 1, 2024 | Mar 31, 2020 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 4, 2024 to Oct 14, 2026 (1.9 years).
BKDV vs FLV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
BKDV vs FLV Performance
BNY Mellon Dynamic Value ETF (BKDV) is an ETF from BNY Mellon Investment Management and American Century Focused Large Cap Value ETF (FLV) is an ETF from American Century ETFs. Over the past year BKDV returned +23.83% while FLV returned +16.84%. Year to date, BKDV is up 17.11% versus a gain of 12.50% for FLV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLV has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 11.8% for BKDV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.5% for BKDV and -12.4% for FLV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BKDV charges 0.60% per year while FLV charges 0.42%. On a $10,000 position that is $60 vs $42 annually, a gap of $18 per year that compounds over a long holding period. On income, BKDV currently yields 0.53% against 1.73% for FLV.
Holdings Overlap
36.3% of BKDV's money is in holdings FLV also owns. 34.1% of FLV's money is in holdings BKDV also owns.
The two portfolios partly overlap.
The two holdings books were reported 76 days apart, BKDV as of Sep 14, 2026 and FLV as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
15 positions in common, counted across the 79 positions we hold weights for in BKDV and 52 in FLV, against full books of 84 and 56.
What only one of them owns
Our book lists 32 positions for FLV that do not appear in our book for BKDV (59.1% of the fund), and 62 for BKDV that do not appear in FLV (61.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BKDV | Weight in FLV | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.02% | 3.07% | 2.95% |
| MSFTMicrosoft Corp | 4.98% | 3.46% | 1.52% |
| JPMJpmorgan Chase | 4.03% | 3.25% | 0.78% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 2.58% | 3.46% | 0.88% |
| JNJJohnson & Johnson - Common | 2.74% | 3.28% | 0.54% |
| AAPLApple, Inc | 3.28% | 2.58% | 0.70% |
| UNHUnitedhealth Group Incorporated | 2.65% | 2.22% | 0.43% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.21% | 1.82% | 0.39% |
| PKGPackaging Corp. Of America | 1.29% | 2.20% | 0.91% |
| CLColgate-Palmolive Co | 1.79% | 1.62% | 0.17% |
36.3% of BKDV is already inside FLV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BKDV or FLV?
BKDV has an expense ratio of 0.60% while FLV charges 0.42%. FLV is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, BKDV or FLV?
Over the past year BKDV returned +23.83% vs +16.84% for FLV, so BKDV leads on 1-year performance. Over the longest common window we track (2 years), BKDV annualized +18.42% vs +13.34% for FLV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BKDV or FLV?
FLV has been the more volatile fund at 12.3% annualized versus 11.8% for BKDV. Worst drawdown: BKDV -15.5% vs FLV -12.4%.
Should I hold both BKDV and FLV?
BKDV and FLV have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BKDV and FLV?
36.3% of BKDV's money is in holdings FLV also owns. 34.1% of FLV's is in holdings BKDV also owns. They hold 15 positions in common, counted across the 79 positions we hold weights for in BKDV and 52 in FLV.
Which pays a higher dividend, BKDV or FLV?
BKDV yields 0.53% while FLV yields 1.73%, so FLV currently pays the higher dividend yield.
Is FLV better than BKDV?
FLV has a lower expense ratio. BKDV led over 1Y and the full window. FLV is less concentrated, with 32.6% of the fund in its ten largest positions against 33.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.