BKMI vs VKQ
BNY Mellon Municipal Intermediate ETF vs Invesco Municipal Trust
Which is better, BKMI or VKQ?
BKMI has been ahead.
BKMI has a lower expense ratio. BKMI led over 1Y.
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 | BKMI | VKQ |
|---|---|---|
| Expense Ratio | 0.35%Best | 1.77% |
| AUM | $1.5B | $497M |
| Dividend Yield | 1.93% | 8.47% |
| Holdings | 1,068 | 542 |
| YTD Return | -3.38%Best | -5.95% |
| 1Y Return | - | -4.88% |
| 3Y Return (annualized) | - | +8.27% |
| 5Y Return (annualized) | - | -2.38% |
| Fund Family | BNY Mellon Investment Management | Invesco (US) |
| Category | Tax Preferred | Tax Preferred |
| Style | Municipal Bond | Municipal Bond |
| Inception | Jan 12, 2026 | Sep 27, 1991 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
BKMI vs VKQ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BKMI vs VKQ Performance
BNY Mellon Municipal Intermediate ETF (BKMI) is an ETF from BNY Mellon Investment Management and Invesco Municipal Trust (VKQ) is an ETF from Invesco (US). Year to date, BKMI is down 3.38% versus a loss of 5.95% for VKQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
BKMI charges 0.35% per year while VKQ charges 1.77%. On a $10,000 position that is $35 vs $177 annually, a gap of $142 per year that compounds over a long holding period. On income, BKMI currently yields 1.93% against 8.47% for VKQ.
Holdings Overlap
We hold position weights for 111 holdings in BKMI and 231 in VKQ, totalling 28.5% and 49.5% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 14 positions appear in both.
14 positions in common, counted across the 111 positions we hold weights for in BKMI and 231 in VKQ, against full books of 1,068 and 542.
Top Shared Holdings
| Stock | Weight in BKMI | Weight in VKQ | Difference |
|---|---|---|---|
| NY NYCDEV 5 11/15/20Nycdev 5.000 11/15/44 | 0.94% | 0.78% | 0.16% |
| GA MAIUTL 12/01/2054Main Street Natural Gas Inc,5 12/01/2054 | 0.66% | 0.24% | 0.42% |
| GA MAIUTL 05/01/2055Main Street Natural Gas Inc 5 05/01/2055 | 0.47% | 0.42% | 0.05% |
| NJ TOBGEN 5 06/01/20Fx.rt. Muni Bond | 0.63% | 0.21% | 0.42% |
| CA CCEDEV 05/01/2054California Cmnty Choice Fing A Ccedev 05/54 Adjustable Var 05-01-1954 | 0.47% | 0.21% | 0.26% |
| NY NYTTRN 5 07/01/20New York Transportation Development Corp. (Laguardia Airport Terminal B Redevelopment), Series 2016 A, Rb | 0.12% | 0.43% | 0.31% |
| AL BBEUTL 12/01/2053Black Belt Energy Gas Dist Al Regd V/R B/E 5.25000000 | 0.32% | 0.20% | 0.12% |
| AL BBEUTL 05/01/2055Black Belt Energy Gas District Series 2024-C 5.00%, 05/01/55 | 0.32% | 0.11% | 0.21% |
| CA CCEDEV 02/01/2055Ca Cmnyy Choice-F 5 2/1/2055 | 0.19% | 0.15% | 0.04% |
| IL CHITRN 5 01/01/20Chicago O'Hare International Airport 5 2036-01-01 | 0.09% | 0.20% | 0.11% |
You are not choosing between two funds in isolation.
Whichever of BKMI and VKQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BKMI or VKQ?
BKMI has an expense ratio of 0.35% while VKQ charges 1.77%. BKMI is the cheaper option, by $142 a year on a $10,000 investment.
Which pays a higher dividend, BKMI or VKQ?
BKMI yields 1.93% while VKQ yields 8.47%, so VKQ currently pays the higher dividend yield.
Is VKQ better than BKMI?
BKMI has a lower expense ratio. BKMI led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.