BNY Mellon Emerging Markets Equity ETF Price & Performance (BKEM)

Bank of New York Mellon reported first-quarter earnings per share of $1.58, outpacing analyst expectations. Revenue also exceeded forecasts, supported by higher assets under custody and robust fee-based income. Strategic investments in AI and efficiency were cited as key contributors, positioning the bank strongly despite a challenging economic environment.12

April’s Bank of America survey reveals fund managers are at their most bearish in years, with global equity allocations dropping sharply. The survey notes the lowest growth expectations since 2023, reflecting widespread caution after recent trade tariffs and ongoing market volatility. Tech stocks, previously favored, are now notably underweighted.3

BNY Mellon Emerging Markets Equity ETF (BKEM) has seen a year-to-date decline of 6.5%, with trailing one-year returns down over 16%. The ETF’s volatility remains elevated, and recent forecasts suggest continued risk, as emerging market equities face pressure from global economic uncertainty and shifting investor sentiment.45