Zacks Investment ResearchT3·33mo ago
BKUI BNY Mellon Ultra Short Income ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
BKUI
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Key stats
About
BNY Mellon Ultra Short Income ETF (BKUI) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2021-08-09
- Has Options
- No
Fund profile
holdings as of Jun 30, 2026SEC filingthrough Jun 2026flows, SEC filings
- Expense ratio
- 0.12% prospectus, filed Oct 24, 2025
- Assets
- $575M SEC filing, Jun 30, 2026
- Trailing yield
- 4.00% paid monthly
- Average daily volume
- $8.9M 30 sessions
- Holdings
- 157 top 10 are 12.6%
- Listed
- Aug 9, 2021 NYSE Arca
Cost76
Liquidity65
Scale65
Diversification86
Moves with. Long Treasuries (17% of its variance, beta 0.07). These factors explain 18% of its daily moves over the last year, so most of what drives this fund is something else.
Stated objective. The fund seeks high current income consistent with the maintenance of liquidity and low volatility of principal. (from the fund's prospectus)
All 157 holdingsFlow historyOverlap toolAll Ultra-Short Bond ETFs
Fund flows
through Jun 2026SEC filings- Jun 2026
- +$2.5M latest reported month
- Latest 3 months
- +$25M +4.3% of assets
- Latest 12 months
- +$341M +59.3% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | +$2.5M |
| May 2026 | +$22M |
| Apr 2026 | −$21K |
| Mar 2026 | +$316M |
| Feb 2026 | $0 |
| Jan 2026 | +$5.0M |
| Dec 2025 | −$5.0M |
| Nov 2025 | −$5.0M |
| Oct 2025 | +$5.0M |
| Sep 2025 | +$12M |
| Aug 2025 | −$12M |
| Jul 2025 | $0 |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 60 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| JPSTJPMorgan Ultra-Short Income ETF | — | 0.18% | $42.8B | −0.8% | compare |
| PULSPGIM Ultra Short Bond ETF | — | 0.15% | $19.7B | −0.4% | compare |
| MINTPIMCO Enhanced Short Maturity Active Exchange-Traded Fund | — | 0.36% | $18.9B | +0.1% | compare |
| BOXXAlpha Architect 1-3 Month Box ETF | — | 0.19% | $12.7B | +4.0% | compare |
| ICSHiShares Ultra Short Duration Bond Active ETF | — | 0.08% | $9.0B | −0.6% | compare |
The largest other funds in the Ultra-Short Bond category.
Under the hood
fiscal year to Jun 30, 2026SEC census- Authorized participants
- 4 active of 16 with agreements; top 3 did 95%
- Created · redeemed
- $420M · $80M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 50,000 shares
- Securities lending
- authorized, none lent
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-06-30
Holdings
157
AUM
$569.6M
Provider
Nport
Inception
2021-08-09
Exchange
ARCX
Data As Of
2026-06-30
Expense Ratio
0.12%
Dividend Yield
4.00%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-01 | 2026-10-06 | $0.1359 | CD |
| 2026-09-01 | 2026-09-04 | $0.1588 | CD |
| 2026-08-03 | 2026-08-06 | $0.1741 | CD |
| 2026-07-01 | 2026-07-07 | $0.1748 | CD |
| 2026-06-01 | 2026-06-04 | $0.1552 | CD |
| 2026-05-01 | 2026-05-06 | $0.1659 | CD |
Asset Allocation
Top Holdings
top 50 of 157 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | DNB BANK ASA | 2.86% | Short-term investment | NO |
| — | CREDIT INDUSTRIEL ET COMMERCIAL-CIC SA NEW YORK BRANCH | 2.61% | Short-term investment | US |
| — | BANCO SANTANDER SA | 2.52% | Short-term investment | ES |
| — | NORDDEUTSCHE LAN 0627 | 2.51% | Debt | US |
| — | SOCIETE GENERALE NORTH AMERICA INC | 2.14% | Short-term investment | US |
| — | BANCO BILBAO VIZCAYA ARGENTARIA SA | 2.10% | Short-term investment | ES |
| — | WESTPAC BANKING CORP | 2.10% | Short-term investment | AU |
| — | ABN AMRO FUNDING USA LLC | 2.07% | Short-term investment | US |
| — | Old Line Funding LLC | 2.05% | Other | US |
| — | Manhattan Asset Funding Company LLC | 1.74% | Short-term investment | US |
| — | ING US Funding LLC | 1.74% | Short-term investment | US |
| — | AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD NEW YORK BRANCH | 1.73% | Short-term investment | US |
| — | UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 1.72% | Debt | US |
| — | FEDERATION DES CAISSES DESJARDINS DU QUEBEC | 1.69% | Short-term investment | CA |
| — | SWEDBANK AB | 1.69% | Short-term investment | SE |
| — | NATIONAL BANK OF CANADA | 1.68% | Short-term investment | CA |
| — | BOFA SECURITIES INC | 1.68% | Short-term investment | US |
| — | Swedbank AB (publ) | 1.57% | Short-term investment | SE |
| — | National Australia Bank Ltd. | 1.57% | Short-term investment | AU |
| — | DREYFUS INSTITUTIONAL PREFERRED MONEY MARKET FUNDS | 1.41% | Short-term investment | US |
| — | Starbird Funding Corporation | 1.39% | Short-term investment | US |
| — | Lma S A / Lma Amers Llc | 1.38% | Other | US |
| — | SOCIETE GENERALE NORTH AMERICA INC | 1.26% | Short-term investment | US |
| — | Svenska Handelsbanken AB | 1.22% | Short-term investment | SE |
| — | MACQUARIE BANK LTD | 1.22% | Short-term investment | AU |
| — | LLOYDS BANK CORPORATE MARKETS PLC | 1.20% | Short-term investment | GB |
| — | PODIUM FUNDING TRUST | 1.19% | Short-term investment | US |
| — | COMMONWEALTH BANK OF AUSTRALIA | 1.18% | Short-term investment | AU |
| — | Paradelle Funding LLC | 1.04% | Short-term investment | US |
| — | ROYAL BANK OF CANADA | 0.87% | Debt | CA |
| — | BANK OF NOVA SCOTIA (THE) | 0.87% | Short-term investment | CA |
| — | Collateralized Commercial Paper V Co LLC | 0.87% | Short-term investment | US |
| — | MIZUHO BANK LTD | 0.87% | Debt | JP |
| — | BOFA SECURITIES INC | 0.86% | Short-term investment | US |
| — | DANSKE BANK A/S | 0.86% | Short-term investment | DK |
| — | FEDERATION DES CAISSES DESJARDINS DU QUEBEC | 0.84% | Short-term investment | CA |
| — | T-MOBILE USA INC | 0.84% | Debt | US |
| — | UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 0.83% | Debt | US |
| — | CANADIAN IMPERIAL BANK OF COMMERCE | 0.78% | Short-term investment | CA |
| — | Nieuw Amsterdam Receivables Corp B.V | 0.78% | Other | NL |
| — | MASTERCARD INC | 0.78% | Debt | US |
| — | PODIUM FUNDING TRUST | 0.78% | Short-term investment | US |
| — | BANK OF MONTREAL | 0.74% | Debt | CA |
| — | JOHN DEERE CAPITAL CORP | 0.74% | Debt | US |
| — | STANDARD CHARTERED PLC | 0.73% | Debt | GB |
| — | ABBVIE INC | 0.73% | Debt | US |
| — | ELI LILLY & COMPANY | 0.73% | Debt | US |
| — | HSBC USA INC | 0.73% | Debt | US |
| — | INTERNATIONAL BUSINESS MACHINES CORP | 0.73% | Debt | US |
| — | MANUFACTURERS & TRADERS TRUST COMPANY | 0.73% | Debt | US |
Non-Equity Breakdown
BNY Mellon Ultra Short Income ETF ·
NPORT-P period 2026-06-30
(filed 2026-08-24)
Net assets:
$575M
· 157 total positions
· equity 0.00%
· non-equity 99.11%
Non-equity holdings
— 157 positions,
99.11% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 48.46% | $278.5M | 32 |
| Corporate | 42.25% | $242.8M | 117 |
| ABS-APCP | 4.22% | $24.2M | 3 |
| US Treasury | 4.19% | $24.1M | 5 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | -0.22% | 0.61% | 0.45% | 0.42% | 0.30% | 0.31% |
| Feb | -- | -0.25% | 0.12% | 0.19% | 0.49% | 0.30% | 0.17% |
| Mar | -- | -0.53% | 0.23% | 0.39% | 0.36% | 0.06% | 0.10% |
| Apr | -- | -0.16% | 0.49% | 0.22% | 0.37% | 0.32% | 0.25% |
| May | -- | 0.15% | 0.40% | 0.48% | 0.37% | 0.34% | 0.35% |
| Jun | -- | -0.23% | 0.35% | 0.35% | 0.47% | 0.20% | 0.23% |
| Jul | -- | 0.13% | 0.53% | 0.67% | 0.32% | 0.27% | 0.38% |
| Aug | 0.06% | 0.12% | 0.45% | 0.57% | 0.41% | 0.26% | 0.31% |
| Sep | -0.02% | -0.15% | 0.25% | 0.55% | 0.35% | 0.12% | 0.18% |
| Oct | -0.18% | -0.06% | 0.40% | 0.21% | 0.31% | 0.14%* | 0.14% |
| Nov | -0.05% | 0.58% | 0.75% | 0.37% | 0.36% | -- | 0.40% |
| Dec | -0.10% | 0.04% | 0.42% | -0.05% | -0.06% | -- | 0.05% |
| Total | -0.29% | -0.58% | 5.11% | 4.49% | 4.25% | 2.33% | 2.55% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $49.55
SMA 50: $49.60
SMA 200: $49.70
Current: $49.59
EMA 12: $49.56
EMA 26: $49.56
MACD: -0.0015 | Signal: 0.0101
BEARISH
ADX (14): 18.18
RANGE
+DI: 21.17
−DI: 37.02
Momentum Oscillators
RSI (14): 56.25
NEUTRAL
Stoch %K: 84.27
Stoch %D: 75.09
Williams %R: -7.69
Volume & Volatility
BB Upper: $49.62
BB Lower: $49.48
NEUTRAL
OBV: 11,226,553
Vol SMA 20: 256,017
Vol ROC: -62.33%
ATR: $0.03
True Range: $0.02
HV 20: 0.9%
HV 30: 0.8%
HV 60: 1.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: BKUI
Executive Summary
Overall Assessment: NEUTRAL with confidence level 6/10
Key Drivers:
- Technical indicators suggest a neutral market with no clear direction
- Recent news headlines are mixed, with some articles highlighting the benefits of cash-like ETFs during market turmoil
Primary Risks:
- The stock's low volatility and correlation with the market may indicate a lack of catalysts for significant price movements
- The absence of earnings data makes it difficult to assess the company's financial performance and future prospects
Investment Thesis: BKUI is a neutral, low-volatility stock that may benefit from market turmoil. However, its lack of earnings data and limited options activity make it challenging to determine its potential for growth or significant price movements.
Recent News Sentiment Impact: The recent news headlines have had a neutral impact on the stock's performance, with some articles highlighting the benefits of cash-like ETFs during market turmoil. The overall sentiment is neutral, with no clear trend emerging.
Technical Analysis
Trend Direction:
- Short-term: NEUTRAL
- Medium-term: BEARISH (based on MACD and RSI)
- Long-term: NEUTRAL
Support/Resistance Levels: The stock's current price is $49.58, with potential support at the lower Bollinger Band ($49.55) and resistance at the upper band ($49.77).
Momentum Signals:
- RSI: 35.02 (neutral)
- MACD: Bearish signal (MACD line below the signal line)
- Bollinger Bands: Neutral signal (price within the middle band)
Volume Analysis: The stock's volume is moderate, with a recent increase in trading activity.
News & Sentiment Analysis
Recent Headlines Summary: The recent news headlines are mixed, with some articles highlighting the benefits of cash-like ETFs during market turmoil and others discussing the overall market trends.
Sentiment Assessment: The sentiment is neutral, with no clear trend emerging from the recent news headlines.
Catalyst Identification: There are no significant earnings dates or product launches scheduled in the near future. However, the company's low volatility and correlation with the market may make it a good candidate for short-term trading opportunities.
Market Narrative: The recent news headlines have had a neutral impact on the stock's performance, with some articles highlighting the benefits of cash-like ETFs during market turmoil.
Risk & Volatility Assessment
Risk Metrics:
- Beta: 0.01 (vs SPY) - low volatility
- Alpha: -0.01 - below-market performance
- Correlation: 0.06 - low correlation with the market
- Stock Volatility: 0.01 - very low volatility
Options Market Signals: There is no options data available for analysis.
Downside Protection: The stock's current price is supported by its lower Bollinger Band, which could act as a cushion in case of a downturn.
Market Context & Positioning
Sector Performance: BKUI is not a widely followed sector ETF. However, it may benefit from market turmoil and volatility in the financial sector.
Institutional Activity: There are no recent institutional transactions or order flow data available for analysis.
Correlation Analysis: The stock's correlation with the market is low, indicating that it may have limited exposure to broader market trends.
Relative Valuation: BKUI's valuation is not readily comparable due to its lack of earnings data. However, its low volatility and correlation with the market may make it an attractive option for short-term trading opportunities.
Key Levels & Action Items
Critical Price Levels:
- Support: Lower Bollinger Band ($49.55)
- Resistance: Upper Bollinger Band ($49.77)
Breakout/Breakdown Levels: There are no significant breakout or breakdown levels identified based on the technical indicators provided.
Time-Sensitive Catalysts: There are no immediate earnings dates, product launches, or regulatory changes scheduled that could significantly impact the stock's price.
Risk Management: A stop-loss level could be set at the lower Bollinger Band ($49.55) to limit potential losses in case of a downturn. Position sizing considerations would depend on individual risk tolerance and market conditions.
Generated
News
All BKUI news →
BKUI Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.0065
Alpha: -0.76%
Correlation: 0.0709
R-Squared: 0.5%
Stock Volatility: 1.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
BKUI Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|