The BNY Mellon Women's Opportunities ETF (BKWO) is an equity ETF with $0.02B in assets under management and an expense ratio of 0.50%. BKWO focuses on U.S. companies that demonstrate gender equity practices or offer products/services benefiting women. The fund aims for long-term capital growth while supporting women's opportunities, allocating at least 10% of its management fee to related charitable organizations.
The BNY Mellon Women's Opportunities ETF (BKWO) is an equity ETF with $0.02B in assets under management and an expense ratio of 0.50%. BKWO focuses on U.S. companies that demonstrate gender equity practices or offer products/services benefiting women. The fund aims for long-term capital growth while supporting women's opportunities, allocating at least 10% of its management fee to related charitable organizations.
ETF Overview
The fund seeks long-term capital growth, and looks to invest principally in U.S. companies that have attractive financial attributes and promote "women's opportunities" - opportunities that can enhance the professional development and advancement of women and/or the ability of women to meet their work or other personal life responsibilities. The fund considers companies that promote women's opportunities to be companies that demonstrate gender equity practices in the workplace and/or that provide products or services that are believed to enhance the lives of women, including female participation in management and board representation, positive benefit programs including family leave and flexible work arrangements, as well as companies that offer products /services that help women meet daily life needs. Provides investors with a growth-oriented investment with the added focus on gender equality and supporting women's opportunities. BNY Mellon ETF Investment Adviser, LLC will make contributions to one or more charitable organizations which seeks to promote opportunities for women and/or girls, in an amount representing at least 10% annually of the management fee. Liquid ETF structure allows investors to buy or sell any time the market is open.
The BNY Mellon Women's Opportunities ETF (BKWO) seeks long-term capital growth by investing in U.S. companies that promote women's opportunities. This includes companies with gender equity practices in the workplace and those offering products or services that enhance women's lives. BKWO's strategy involves identifying companies with attractive financial attributes and a commitment to gender equality. The fund's top holdings reflect a growth-oriented approach, with significant allocations to technology companies like NVIDIA Corp (10.51%) and Microsoft Corp (8.92%). Other key holdings include Amazon.com Inc (6.52%) and Apple Inc (4.60%). Sector allocation is heavily weighted towards Technology (36.0%), followed by Financial Services (14.7%) and Healthcare (14.0%). This concentrated sector exposure suggests a focus on industries where women are increasingly making significant contributions. BKWO distinguishes itself by incorporating a social impact component, directing a portion of its management fee to charitable organizations that support women and girls.
Risk Metrics
BKWO carries a concentration risk due to its focused investment strategy and relatively small number of holdings (50). The top 10 holdings constitute a significant portion of the fund's assets, potentially amplifying the impact of individual stock performance. The fund's sector allocation also introduces risk, with a heavy emphasis on Technology (36.0%). A downturn in the technology sector could disproportionately affect BKWO's performance. With a beta of 0.00 (3Y), BKWO's volatility is currently unmeasurable relative to the broader market. The expense ratio of 0.50% can create a drag on returns, especially when compared to passively managed ETFs with lower fees. Past performance does not guarantee future results.
<a href="/etf/bkdv">BNY Mellon Dynamic Value ETF (BKDV)</a> (Equity) — 0.60% expense ratio
<a href="/etf/bkmi">BNY Mellon Municipal Intermediate ETF (BKMI)</a> (Fixed Income) — 0.35% expense ratio
<a href="/etf/bkms">BNY Mellon Municipal Short Duration ETF (BKMS)</a> (Fixed Income) — 0.35% expense ratio
Risk Metrics
Beta: 0.00
Questions & Answers
What is BKWO and what does it track?
The BNY Mellon Women's Opportunities ETF (BKWO) is an equity ETF managed by BNY Mellon. Launched in 2023, BKWO seeks long-term capital growth by investing in U.S. companies that demonstrate gender equity practices or offer products/services benefiting women. The fund considers factors like female participation in management, family leave policies, and products that help women meet daily life needs. BKWO provides investors with a growth-oriented investment that also focuses on gender equality and supporting women's opportunities. The fund has $0.02B in assets under management.
What is the expense ratio for BKWO?
The expense ratio for the BNY Mellon Women's Opportunities ETF (BKWO) is 0.50%. This means that for every $1000 invested, $5.00 goes towards covering the fund's operating expenses. While not exceptionally high, this expense ratio is slightly above the average for some passively managed equity ETFs. the may be worth researching expense ratio as part of their overall investment decision, as it can impact net returns over time. However, it is important to note that expense ratio is only one factor to consider when evaluating an ETF.
What are the top holdings in BKWO?
The top holdings in the BNY Mellon Women's Opportunities ETF (BKWO) are concentrated in a few key companies. As of 2026-03-15, the top three holdings are NVIDIA Corp (NVDA) at 10.51%, Microsoft Corp (MSFT) at 8.92%, and Amazon.com Inc (AMZN) at 6.52%. Other significant holdings include Apple Inc (AAPL) at 4.60% and JPMorgan Chase & Co (JPM) at 4.52%. These top holdings reflect the fund's focus on growth-oriented companies within the technology and financial sectors.
Is BKWO a good long-term investment?
Evaluating whether BKWO is a suitable long-term investment requires considering several factors. The fund's focus on companies promoting women's opportunities aligns with growing ESG investment trends, which may appeal to certain investors. BKWO's sector allocation is heavily weighted towards Technology (36.0%), which can provide growth potential but also introduces sector-specific risk. The fund's expense ratio of 0.50% should be factored into long-term return expectations. With a limited track record since its inception in 2023, it's important to monitor BKWO's performance and strategy over time. Past performance does not guarantee future results.
How does BKWO compare to similar ETFs?
BKWO differentiates itself through its specific focus on companies promoting women's opportunities, setting it apart from broader ESG or socially responsible ETFs. Its expense ratio of 0.50% may be higher than some passively managed broad market ETFs but is competitive with other actively managed or thematic ETFs. With AUM of $0.02B, BKWO is relatively small compared to established ETFs in the equity space, which may impact liquidity and trading costs. Investors should compare BKWO's performance, holdings, and strategy against other ESG and equity ETFs to determine the best fit for their investment goals.
Does BKWO pay dividends?
As of 2026-03-15, the BNY Mellon Women's Opportunities ETF (BKWO) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders. The fund's focus on growth-oriented companies, particularly in the technology sector, may prioritize capital appreciation over dividend payouts. Investors seeking current income may need to consider other dividend-focused ETFs.