BKDV vs PRVS
BNY Mellon Dynamic Value ETF vs Parnassus Value Select ETF
Which is better, BKDV or PRVS?
BKDV has been ahead.
PRVS has a lower expense ratio. BKDV led over 1Y and the full window. BKDV is less concentrated, with 33.5% of the fund in its ten largest positions against 49.7%.
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 | PRVS |
|---|---|---|
| Expense Ratio | 0.60% | 0.59%Best |
| AUM | $2.2B | $28M |
| Dividend Yield | 0.53% | 0.52% |
| Holdings | 84 | 56 |
| YTD Return | +17.11%Best | +15.17% |
| 1Y Return | +23.83%Best | +21.88% |
| Volatility (annualized) | 10.3%Best | 13.0% |
| Max Drawdown | -15.0%Best | -17.6% |
| $10,000 over 1.8 years | $13,493Best | $13,028 |
| Top 10 Weight | 33.5%Best | 49.7% |
| Fund Family | BNY Mellon Investment Management | Parnassus Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 1, 2024 | Dec 12, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 12, 2024 to Oct 14, 2026 (1.8 years).
BKDV vs PRVS 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 1.8 years both funds cover.
BKDV vs PRVS Performance
BNY Mellon Dynamic Value ETF (BKDV) is an ETF from BNY Mellon Investment Management and Parnassus Value Select ETF (PRVS) is an ETF from Parnassus Investments. Over the past year BKDV returned +23.83% while PRVS returned +21.88%. Year to date, BKDV is up 17.11% versus a gain of 15.17% for PRVS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PRVS has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 10.3% 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 -15.0% for BKDV and -17.6% for PRVS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BKDV charges 0.60% per year while PRVS charges 0.59%. On a $10,000 position that is $60 vs $59 annually, a gap of $1 per year that compounds over a long holding period. On income, BKDV currently yields 0.53% against 0.52% for PRVS.
Holdings Overlap
25.1% of BKDV's money is in holdings PRVS also owns. 41.4% of PRVS's money is in holdings BKDV also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 79 positions we hold weights for in BKDV and 27 in PRVS, against full books of 84 and 56.
What only one of them owns
Our book lists 14 positions for PRVS that do not appear in our book for BKDV (46.6% of the fund), and 67 for BKDV that do not appear in PRVS (72.9%).
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 PRVS | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.02% | 8.00% | 1.98% |
| MSFTMicrosoft Corp | 4.98% | 7.50% | 2.52% |
| JPMJpmorgan Chase | 4.03% | 4.00% | 0.03% |
| KOCoca Cola Co. | 1.75% | 4.00% | 2.25% |
| UNHUnitedhealth Group Incorporated | 2.65% | 3.00% | 0.35% |
| TMOThermo Fisherscientific Inc. | 2.10% | 3.50% | 1.40% |
| DEDeere & Co Sedol 2261203 | 1.49% | 2.90% | 1.41% |
| BACBank of America Corp.: Financials | 0.78% | 3.40% | 2.62% |
| AMATApplied Materials, Inc. | 0.49% | 2.90% | 2.41% |
| HDHome Depot Inc/The | 0.85% | 2.20% | 1.35% |
41.4% of PRVS is already inside BKDV.
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 PRVS?
BKDV has an expense ratio of 0.60% while PRVS charges 0.59%. PRVS is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, BKDV or PRVS?
Over the past year BKDV returned +23.83% vs +21.88% for PRVS, so BKDV leads on 1-year performance. Over the longest common window we track (2 years), BKDV annualized +18.11% vs +15.83% for PRVS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BKDV or PRVS?
PRVS has been the more volatile fund at 13.0% annualized versus 10.3% for BKDV. Worst drawdown: BKDV -15.0% vs PRVS -17.6%.
Should I hold both BKDV and PRVS?
BKDV and PRVS have a monthly-return correlation of 0.87, 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 PRVS?
41.4% of PRVS's money is in holdings BKDV also owns. 41.4% of PRVS's is in holdings BKDV also owns. They hold 10 positions in common, counted across the 79 positions we hold weights for in BKDV and 27 in PRVS.
Which pays a higher dividend, BKDV or PRVS?
BKDV yields 0.53% while PRVS yields 0.52%, so BKDV currently pays the higher dividend yield.
Is PRVS better than BKDV?
PRVS has a lower expense ratio. BKDV led over 1Y and the full window. BKDV is less concentrated, with 33.5% of the fund in its ten largest positions against 49.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.