ETF Research Center

BNY Mellon Sustainable International Equity ETF

ALTAR
Score™

0.0%

Recommen-
dation

AVOID

2024E 2025E
P/E ratio	0.0x	P/Sales ratio	0.0x
P/BV ratio	0.0x	Div. yield	0.0%

Description
Performance
Comps
Fundamentals
Valuation
Rating

BKIS is an actively-managed portfolio of all-cap companies in developed markets outside North America, selected for their attractive investment attributes and sustainable business practices.

FUND BASICS
Category	Global Equities
Fund Sponsor	The Bank of New York Mellon Corp.
Website	im.bnymellon.com/us/en/intermediary/funds/09661T875
Inception date	Dec 14, 2021
Assets (mns)	$0
Currency	USD
Expense ratio	70 bp
Distributions	Annually

FUND STRUCTURE
Regulation	Open-Ended Fund
Custodian
Weighting	Proprietary
Index replication
Uses derivatives	No
Options available	No

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	41
Wgt avg mkt cap (mns)	$130,317
Large cap (>$10bn)	94.7%
Mid cap ($2-10bn)	3.1%
Small cap (<$2bn)	2.2%
Developed mkts	90.0%
Emerging mkts	10.0%

TOP TEN HOLDINGS
Total	38.4 %
ASML HOLDING NV	5.2 %
SAP AG	4.6 %
REED ELSEVIER PLC	4.0 %
INDITEX	3.8 %
TAIWAN SEMICONDUCTOR MANUFAC	3.7 %
L'OREAL	3.6 %
WOLTERS KLUWER	3.6 %
ASTRAZENECA PLC	3.6 %
SONY CORP	3.1 %
LONZA GROUP AG-REG	3.0 %

TOP COUNTRY EXPOSURE
	BRITAIN	19.2 %
	FRANCE	16.9 %
	NETHERLANDS	11.3 %
	JAPAN	9.8 %
	GERMANY	8.2 %
	SWITZERLAND	6.7 %
	DENMARK	6.7 %
	IRELAND	4.1 %
	SPAIN	3.8 %
	TAIWAN	3.7 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru January 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
-0.6%	2.7%	--	--	-0.3%

Market Correlations
versus...	Beta	R-squared
S&P500	0.98	81%
MSCI EAFE	1.09	98%
MSCI Emg. Mkts.	0.87	69%

Technical Indicators
Recent close	$0.00
30d moving avg.	$42.72
Annualized volatility	21.7%
Short interest (ETF)	0.1%
Relative strength (RSI)	80

Liquidity measures
Avg. volume (thou.)	0
Turnover	0.0%
Bid/Ask (% of price)	0.43%
ADV underlying (mns)	$5,720

Distributions

There were no matches found with other funds under coverage.

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RESULTS & ESTIMATES

	2019	2020	2021	2022	2023	2024E	2025E
Sales per share	**	**	**	**	**	**	**
Earnings per share	**	**	**	**	**	**	**
Dividends per share	**	**	**	**	**	**	**
Book value per share	**	**	**	**	**	**	**

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est.	**%		Debt-to-equity	**x
Asset turnover	**%		Assets-to-equity	**x

Return on equity

Revision activity*

*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS

	2023	2024E	2025E
Price-to-sales	**	**	**
Price-to-earnings	**	**	**
Price-to-cash flow	**	**	**
Price-to-growth	**	**	**
Price-to-book value	**	**	**
Yield	**	**	**

Historical valuation trends

Forward multiple:	BNY Mellon Sustainable International Equity ETF
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™

Calculation of ALTAR Score™
Avg. Return on Equity	0.0	%
Divided by: Fwd. P/BV	0.0	x
Less: Expense ratio	70	bp
Equals: ALTAR Score	0.0	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS

COMPOSITE RATING	1.40	CATEGORY AVERAGE	1.50

The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale: BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3. Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.