BNY Mellon US Large Cap Core Equity ETF (BKLC)

CUSIP 09661T107
NAV $ 74.65 As of 03/29/23
CHG $ 1.06 (1.44 %)
MKT PRICE $74.60 As of 03/29/23
CHG $1.04 (1.41 %)
TOT EXPENSE RATIO 0.00%

Overview

Why invest in this Fund?

• The fund seeks to match the performance of the Morningstar® U.S. Large Cap Index^SM.
• Provides investors with broad exposure to large capitalization stocks.
• Employs a passively managed, low cost index approach with a fully transparent portfolio.
• Is highly liquid so investors can buy or sell any time the stock market is open.

INCEPTION DATE

04/07/20

NET ASSETS

$1,662,352,224 As of 03/29/23

NUMBER OF SHARES OUTSTANDING

22,270,000 As of 03/29/23

DIVIDEND YIELD (ANNUALIZED)

1.63% As of 02/28/23

MARKET PRICE 52-WEEK HIGH

$85.76 As of 04/04/22

MARKET PRICE 52-WEEK LOW

$65.88 As of 10/12/22

TURNOVER RATIO TTM

21.51 As of 02/28/23

DISTRIBUTION FREQUENCY

Quarterly

Number of Holdings

211 As of 02/28/23

PRICE/EARNINGS RATIO

18.53 As of 02/28/23

PRICE/BOOK RATIO

4.06 As of 02/28/23

WEIGHTED AVERAGE MARKET CAP
(in millions)

$534,904 As of 02/28/23

SUB-ASSET CLASS

Large Cap - Blend

BLOOMBERG INDEX TICKER

MLCPT

EXCHANGE

NYSE-Arca

NAV - A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

Market Price - The market price is the most recent official closing price for the listed exchange.

Dividend Yield (Annualized) - The dividend yield is the ratio of the fund’s annual dividend compared to it’s share price.

Price/Earnings Ratio - Price-to-earnings (P/E) is the ratio of the market price of a firm’s common stock to its current (or predicted) earnings per share.

Price/Book Ratio - Price-to-book value (P/B) is a ratio used to compare a stock's market value with its book value. It is calculated by dividing the current closing price of the stock by the latest quarter’s book value (assets minus liabilities).

Weighted Avg Market Cap - Weighted average market cap is the average market capitalization of corporations in a fund or index, weighted by the percentage of the holding in the fund or index.

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Portfolio Managers

David France, CFA

Portfolio Manager, Mellon Investments Corporation

2 yr(s). on fund
Todd Frysinger, CFA

Portfolio Manager, Mellon Investments Corporation

2 yr(s). on fund
Vlasta Sheremeta, CFA

Portfolio Manager, Mellon Investments Corporation

2 yr(s). on fund
Michael Stoll

Portfolio Manager, Mellon Investments Corporation

2 yr(s). on fund
Marlene Walker Smith

Portfolio Manager, Mellon Investments Corporation

2 yr(s). on fund

Performance

Daily Statistics

As of 03/29/23 NAME	30-DAY SEC YIELD (WITHOUT WAIVER)	30-DAY SEC YIELD (WITH WAIVER)	30-DAY MEDIAN BID/ASK SPREAD	PREVIOUS DAY VOLUME	20-DAY AVG VOLUME	PREMIUM/ DISCOUNT
BNY Mellon US Large Cap Core Equity ETF	1.62%	1.62%	0.11%	48,031	52,929	-0.06%

30-Day SEC Yield - 30-Day SEC Yield is based upon dividends per share from net investment income during the past 30 days, divided by the period ended maximum offering price per share and annualized. Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.

30-Day Median Bid-Ask Spread - Gives investors the midpoint within the spread between an ETF’s selling price and buying price. It is calculated over the last 30 days in 10 second intervals by dividing the difference between the bid (sell price) and offer (buy price) by the midpoint of the National Best Bid Offer (NBBO) and identifying the median of those values.

20-Day Avg Volume - 20-Day Average Volume is the sum of last 20 days of trading volume divided by 20 days.

Premium / Discount - The amount the Fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.

Total Returns

Click here for NAV Returns

Month End

MARKET PRICE

			Average Annual As of 02/28/23
Name	3 MO 02/28/23	YTD 02/28/23	1 YR	3 YRS	5 YRS	10 YRS	Since Inception
BNY Mellon US Large Cap Core Equity ETF BKLC	-2.26	3.84	-9.45	-	-	-	15.32
Morningstar US Large Cap Index	-2.59	3.66	-9.61	11.35	9.69	12.26	-

Quarter End

MARKET PRICE

			Average Annual As of 12/31/22
Name	3 MO 12/31/22	YTD 12/31/22	1 YR	3 YRS	5 YRS	10 YRS	Since Inception
BNY Mellon US Large Cap Core Equity ETF BKLC	6.44	-20.53	-20.53	-	-	-	14.70
Morningstar US Large Cap Index	6.58	-20.42	-20.42	7.20	9.41	12.54	-

The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted.

Market Price performance is calculated using the most recent NYSE Arca Official Closing Price. Market Price returns do not represent investors’ returns had they traded shares at other times.

The Morningstar® US Large Cap IndexSM is a float-adjusted market capitalization weighted index designed to measure the performance of U.S. large-capitalization stocks. The index’s initial universe of eligible securities includes common stock, tracking stock and shares of real estate investment trusts (REITs) issued by U.S. companies and traded on the New York Stock Exchange, NASDAQ or NYSE Market LLC. At each reconstitution, the initial universe is screened to exclude securities based on the number of non-trading days in the preceding quarter and trading volume during the preceding six-month period. The remaining securities represent the investable universe. The index includes the securities of companies whose cumulative total market capitalization represents approximately the top 70% of the investable universe. The index rebalances quarterly in March, June, September and December, and reconstitutes semi-annually in June and December. Investors cannot invest directly in any index.

Growth of $10,000 Investment

Past performance is no guarantee of future results.

Historical NAV and Market Price

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Historical Premium/Discount

View

Premium/Discount

Select a Quarter

Fees & Expenses

Prospectus Fee Table Expense Ratios

Fees as stated in the prospectus Fee Description	Total Expense Ratio (%)
Management Fee	0.00%
Other Expenses	0.00%
Total Expenses	0.00%

The Total Expenses is the actual fund expense ratio applicable to investors.

Portfolio

Portfolio Manager/Sub-Investment Adviser

The fund's investment adviser is BNY Mellon ETF Investment Adviser, LLC (Adviser). The Adviser has engaged its affiliate, Mellon Investments Corporation (Mellon), to serve as the fund’s sub-adviser. David France, CFA, Todd Frysinger, CFA, Vlasta Sheremeta, CFA, Michael Stoll, and Marlene Walker Smith are the fund's primary portfolio managers. Messrs. France, Frysinger and Stoll and Mses. Walker Smith and Sheremeta have been primary portfolio managers of the fund since October 2020. Messrs. France, Frysinger and Stoll and Ms. Sheremeta are each a Vice President and Senior Portfolio Manager at Mellon. Ms. Walker Smith is a Director and Co-Head of Equity Index Portfolio Management at Mellon. Each portfolio manager is jointly and primarily responsible for the day-to-day management of the fund’s portfolio.

Top Holdings

Download Total Holdings

As of 03/30/23

Holdings	% Portfolio Weight
APPLE INC	8.38
MICROSOFT CORP	7.31
AMAZON.COM INC	3.13
NVIDIA CORP	2.33
ALPHABET INC-CL A	2.11
BERKSHIRE HATHAWAY INC-CL	1.92
ALPHABET INC-CL C	1.85
TESLA INC	1.83
META PLATFORMS INC-CLASS	1.61
EXXON MOBIL CORP	1.57
UNITEDHEALTH GROUP INC	1.52
JOHNSON & JOHNSON	1.41
JPMORGAN CHASE & CO	1.32
VISA INC-CLASS A SHARES	1.27
PROCTER & GAMBLE CO/THE	1.21
MASTERCARD INC - A	1.06
HOME DEPOT INC	1.01
CHEVRON CORP	1.00
ABBVIE INC	0.97
MERCK & CO. INC.	0.93
ELI LILLY & CO	0.92
BROADCOM INC	0.91
PEPSICO INC	0.87
COCA-COLA CO/THE	0.84
PFIZER INC	0.79
THERMO FISHER SCIENTIFIC	0.76
COSTCO WHOLESALE CORP	0.76
CISCO SYSTEMS INC	0.74
MCDONALD'S CORP	0.72
WALMART INC	0.71
BANK OF AMERICA CORP	0.70
SALESFORCE INC	0.69
WALT DISNEY CO/THE	0.62
ACCENTURE PLC-CL A	0.62
ADOBE INC	0.61
LINDE PLC	0.61
ABBOTT LABORATORIES	0.60
TEXAS INSTRUMENTS INC	0.57
VERIZON COMMUNICATIONS IN	0.57
DANAHER CORP	0.56
COMCAST CORP-CLASS A	0.55
ADVANCED MICRO DEVICES	0.54
NIKE INC -CL B	0.53
NEXTERA ENERGY INC	0.53
PHILIP MORRIS INTERNATION	0.51
NETFLIX INC	0.51
RAYTHEON TECHNOLOGIES COR	0.50
BRISTOL-MYERS SQUIBB CO	0.50
WELLS FARGO & CO	0.50
UNITED PARCEL SERVICE-CL	0.49
QUALCOMM INC	0.49
ORACLE CORP	0.48
AT&T INC	0.47
INTEL CORP	0.45
AMGEN INC	0.45
HONEYWELL INTERNATIONAL I	0.44
CONOCOPHILLIPS	0.44
INTUIT INC	0.43
UNION PACIFIC CORP	0.43
LOWE'S COS INC	0.41
INTL BUSINESS MACHINES CO	0.41
CATERPILLAR INC	0.40
BOEING CO/THE	0.40
MORGAN STANLEY	0.40
STARBUCKS CORP	0.40
S&P GLOBAL INC	0.39
PROLOGIS INC	0.39
GOLDMAN SACHS GROUP INC	0.38
LOCKHEED MARTIN CORP	0.38
DEERE & CO	0.38
ELEVANCE HEALTH INC	0.37
APPLIED MATERIALS INC	0.36
MEDTRONIC PLC	0.36
GENERAL ELECTRIC CO	0.36
GILEAD SCIENCES INC	0.35
BLACKROCK INC	0.35
AMERICAN EXPRESS CO	0.35
BOOKING HOLDINGS INC	0.35
ANALOG DEVICES INC	0.34
CVS HEALTH CORP	0.34
MONDELEZ INTERNATIONAL IN	0.34
STRYKER CORP	0.33
AUTOMATIC DATA PROCESSING	0.32
SERVICENOW INC	0.32
AMERICAN TOWER CORP	0.32
TJX COMPANIES INC	0.32
INTUITIVE SURGICAL INC	0.32
REGENERON PHARMACEUTICALS	0.31
CITIGROUP INC	0.31
T-MOBILE US INC	0.30
PAYPAL HOLDINGS INC	0.29
SCHWAB (CHARLES) CORP	0.29
PROGRESSIVE CORP	0.29
MARSH & MCLENNAN COS	0.29
ALTRIA GROUP INC	0.28
VERTEX PHARMACEUTICALS IN	0.28
CHUBB LTD	0.27
THE CIGNA GROUP	0.27
ZOETIS INC	0.27
SOUTHERN CO/THE	0.26
DUKE ENERGY CORP	0.26
TARGET CORP	0.25
FISERV INC	0.25
LAM RESEARCH CORP	0.24
BECTON DICKINSON AND CO	0.24
SCHLUMBERGER LTD	0.24
BOSTON SCIENTIFIC CORP	0.24
ILLINOIS TOOL WORKS	0.24
MICRON TECHNOLOGY INC	0.24
CME GROUP INC	0.24
EATON CORP PLC	0.23
EQUINIX INC	0.23
AON PLC-CLASS A	0.23
NORTHROP GRUMMAN CORP	0.23
EOG RESOURCES INC	0.23
HUMANA INC	0.22
MARATHON PETROLEUM CORP	0.22
CSX CORP	0.22
AIR PRODUCTS & CHEMICALS	0.22
UBER TECHNOLOGIES INC	0.22
COLGATE-PALMOLIVE CO	0.21
WASTE MANAGEMENT INC	0.21
ACTIVISION BLIZZARD INC	0.21
DREYFUS INSTITUTIONAL PRE	0.21
BLACKSTONE INC	0.21
PALO ALTO NETWORKS INC	0.21
SYNOPSYS INC	0.20
CROWN CASTLE INC	0.20
MERCADOLIBRE INC	0.20
INTERCONTINENTAL EXCHANGE	0.20
ESTEE LAUDER COMPANIES-CL	0.20
HCA HEALTHCARE INC	0.20
FREEPORT-MCMORAN INC	0.20
CADENCE DESIGN SYS INC	0.19
3M CO	0.19
VALERO ENERGY CORP	0.19
PNC FINANCIAL SERVICES GR	0.19
KLA CORP	0.19
GENERAL DYNAMICS CORP	0.18
FEDEX CORP	0.18
EMERSON ELECTRIC CO	0.18
GENERAL MOTORS CO	0.18
EDWARDS LIFESCIENCES CORP	0.18
SHERWIN-WILLIAMS CO/THE	0.17
O'REILLY AUTOMOTIVE INC	0.17
AMPHENOL CORP-CL A	0.17
GENERAL MILLS INC	0.17
ROPER TECHNOLOGIES INC	0.17
MCKESSON CORP	0.17
NORFOLK SOUTHERN CORP	0.17
NXP SEMICONDUCTORS NV	0.17
US BANCORP	0.17
MODERNA INC	0.17
AIRBNB INC-CLASS A	0.17
DOLLAR GENERAL CORP	0.17
DOMINION ENERGY INC	0.16
PIONEER NATURAL RESOURCES	0.16
FORD MOTOR CO	0.16
OCCIDENTAL PETROLEUM CORP	0.16
CHIPOTLE MEXICAN GRILL IN	0.16
MOODY'S CORP	0.16
SEMPRA ENERGY	0.16
DEXCOM INC	0.16
TRUIST FINANCIAL CORP	0.16
PUBLIC STORAGE	0.16
AMERICAN ELECTRIC POWER	0.16
AUTOZONE INC	0.16
MOTOROLA SOLUTIONS INC	0.16
PHILLIPS 66	0.15
ARCHER-DANIELS-MIDLAND CO	0.15
MARRIOTT INTERNATIONAL -C	0.15
KIMBERLY-CLARK CORP	0.15
CINTAS CORP	0.15
CORTEVA INC	0.15
FORTINET INC	0.15
AUTODESK INC	0.15
TRAVELERS COS INC/THE	0.15
TE CONNECTIVITY LTD	0.15
LULULEMON ATHLETICA INC	0.14
JOHNSON CONTROLS INTERNAT	0.14
EXELON CORP	0.14
ECOLAB INC	0.14
MONSTER BEVERAGE CORP	0.14
CHARTER COMMUNICATIONS IN	0.14
METLIFE INC	0.14
SYSCO CORP	0.13
AGILENT TECHNOLOGIES INC	0.13
CONSTELLATION BRANDS INC-	0.13
SNOWFLAKE INC-CLASS A	0.13
L3HARRIS TECHNOLOGIES INC	0.13
AMERICAN INTERNATIONAL GR	0.13
IQVIA HOLDINGS INC	0.13
CENTENE CORP	0.13
HILTON WORLDWIDE HOLDINGS	0.13
CAPITAL ONE FINANCIAL COR	0.13
CHENIERE ENERGY INC	0.13
PAYCHEX INC	0.13
AFLAC INC	0.12
WILLIAMS COS INC	0.12
HESS CORP	0.12
KINDER MORGAN INC	0.12
ILLUMINA INC	0.12
DEVON ENERGY CORP	0.11
PRUDENTIAL FINANCIAL INC	0.11
KRAFT HEINZ CO/THE	0.11
KEURIG DR PEPPER INC	0.10
KKR & CO INC	0.10
Net Current Assets	0.10
FIDELITY NATIONAL INFO SE	0.10
REPUBLIC SERVICES INC	0.10
ENPHASE ENERGY INC	0.10
VMWARE INC-CLASS A	0.09
SOUTHERN COPPER CORP	0.02
S&P500 EMINI FUT Jun23	0.01
SECLEND	0.00

% Portfolio Weight is calculated using the closing market price of each security from the prior business day.

Holdings are subject to change. The holdings listed should not be considered recommendations to buy or sell a security.

Asset Allocation

Stats & Risks

Main Risks

ETFs trade like stocks, are subject to investment risk, including possible loss of principal.

Equities are subject to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees. The risks of investing in this ETF typically reflect the risks associated with the types of instruments in which the ETF invests. Diversification cannot assure a profit or protect against loss.

To the extent the fund invests in large capitalization stocks, the fund may underperform funds that invest primarily in the stocks of lower quality, smaller capitalization companies during periods when the stocks of such companies are in favor.

The fund may, but is not required to, use derivative instruments, such as options, futures, options on futures, forward contracts, swap agreements and other credit derivatives. A small investment in derivatives could have a potentially large impact on the fund’s performance. The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets.

Please refer to the prospectus for a more complete discussion of the fund's main risks.

Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.

The BNY Mellon ETFs are not sponsored, endorsed, sold or promoted by Morningstar, Inc. or Bloomberg Index Services Limited (together the “index provider”) and have been licensed for use for certain purposes by BNY Mellon. The index provider makes no representation regarding the advisability of investing in BNY Mellon ETFs. The index provider determines the composition of the index and relative weightings of the securities in the index, which is subject to change by the index provider.

Distributions

Dividend Schedule

Declared

Quarterly

Distributed

Quarterly

Paid

Quarterly

Fiscal Year End

Oct 31

(Values Listed In $)EX DATE	RECORD DATE	PAYABLE DATE	DIVIDEND INCOME	SHORT-TERM CAPITAL GAIN	LONG-TERM CAPITAL GAIN	RETURN OF CAPITAL	TOTAL DISTRIBUTION
12/28/22	12/29/22	01/04/23	0.2993	0.0000	0.0000	-	0.2993

(Values Listed In $)EX DATE	RECORD DATE	PAYABLE DATE	DIVIDEND INCOME	RETURN OF CAPITAL	TOTAL DISTRIBUTION
10/03/22	10/04/22	10/07/22	0.2891	-	0.2891
07/01/22	07/05/22	07/08/22	0.3011	-	0.3011
04/01/22	04/04/22	04/07/22	0.2586	-	0.2586
12/29/21	12/30/21	01/04/22	0.2556	-	0.2556
10/01/21	10/04/21	10/07/21	0.2631	-	0.2631
07/01/21	07/02/21	07/08/21	0.2573	-	0.2573
04/01/21	04/05/21	04/08/21	0.2081	-	0.2081
12/29/20	12/30/20	01/05/21	0.1782	-	0.1782
10/01/20	10/02/20	10/07/20	0.1756	-	0.1756
07/01/20	07/02/20	07/08/20	0.2470	-	0.2470

Literature

Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains that and other information about the fund, and read it carefully before investing.

ETF shares are listed on an exchange, and shares are generally purchased and sold in the secondary market at market price. At times, the market price may be a premium or discount to the ETF's per share NAV. In addition, ETFs are subject to the risk that an active trading market for an ETF's shares may not develop or be maintained. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions. Any applicable brokerage commissions will reduce returns.

ETFs trade like stocks, are subject to investment risk, including possible loss of principal. Equities are subject to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees. The risks of investing in this ETF typically reflect the risks associated with the types of instruments in which the ETF invests. Diversification cannot assure a profit or protect against loss.

The fund will issue (or redeem) fund shares to certain institutional investors known as “Authorized Participants” (typically market makers or other broker-dealers) only in large blocks of fund shares known as “Creation Units.” BNY Mellon Securities Corporation (“BNYMSC”), a subsidiary of the BNY Mellon, serves as distributor of the fund. BNYMSC does not distribute fund shares in less than Creation Units, nor does it maintain a secondary market in fund shares. BNYMSC may enter into selected agreements with Authorized Participants for the sale of Creation Units of Creation Units of fund shares.

Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.