Investment
Features
FeesSafety
Academy
More
Pluang+

BNY Mellon's BKLC ETF offers zero-fee large-cap US tech exposure but faces concentration and valuation risks.

Market News
04 Oct 2026
Seeking Alpha
View Source
Neutral
BNY Mellon's BKLC ETF offers zero-fee large-cap US tech exposure but faces concentration and valuation risks.

The BNY Mellon U.S. Large Cap Core Equity ETF (BKLC) provides zero-fee access to about 500 large U.S. companies, heavily weighted in technology. Its top 10 holdings, mostly tech giants, make up 38.4% of the portfolio, increasing concentration risk amid a narrowing earnings lead by mega-cap stocks. Despite a 27.3% valuation premium over mid-cap stocks, the expected earnings growth advantage for large caps in 2027 is only 1 percentage point. Given these factors, BKLC is rated a hold as broader earnings growth and sector rotation reduce the appeal of concentrated large-cap exposure at current valuations.

The BNY Mellon U.S. Large Cap Core Equity ETF (BKLC) carries a 27.3% valuation premium over mid-cap stocks, highlighting its concentrated exposure to about 500 large U.S. companies. For readers following technology-sector US stocks on Pluang, here is the market snapshot as of Oct 05, 2026 01:11 WIB: out of 150 priced stocks, 75 rose and 74 fell. Notable movers include EPAM Systems Inc down 5.30% at USD 108.29, NetApp Inc. up 5.22% at USD 226.27, and Arm Holdings plc up 5.18% at USD 307.49, with typical hold times ranging from 27 to 57 days.

More News

Ethereum price remains stable around $2,690 in early October amid mixed historical October performance and upcoming testnet upgrade.

Ethereum price remains stable around $2,690 in early October amid mixed historical October performance and upcoming testnet upgrade.

Ethereum's price started October 2026 near $2,690, showing little change from the month's start. Historically, October has been mixed for Ethereum, with five out of eight years since 2018 ending higher, but the two most recent Octobers were down. On ...

Market News
Neutral
4 hours ago
Infinex integrates NEAR Intents to enable cross-chain access to BTC, DOGE, and XRP without manual bridges.

Infinex integrates NEAR Intents to enable cross-chain access to BTC, DOGE, and XRP without manual bridges.

Infinex has integrated NEAR Chain Signatures and NEAR Intents, allowing users to access Bitcoin, Dogecoin, and XRP across multiple blockchains through a single interface without managing separate bridges or wallets. NEAR's technology uses a multi-par...

Protocol Fundamentals
Bullish
4 hours ago
BlackRock launches tokenized portfolios, letting investors trade full strategies as single tokens on blockchain.

BlackRock launches tokenized portfolios, letting investors trade full strategies as single tokens on blockchain.

BlackRock and Ondo Finance have collaborated to create tokenized portfolios that represent entire investment strategies—high income, diversified growth, and high growth—in single tokens. These tokens combine stocks, bonds, and Bitcoin ETFs, allowing ...

Protocol Fundamentals
Bullish
4 hours ago
Shiba Inu struggles to break $0.000006 resistance despite a massive burn rate spike.

Shiba Inu struggles to break $0.000006 resistance despite a massive burn rate spike.

Shiba Inu (SHIB) has tested the key resistance level around $0.000006 multiple times this month but has not secured a breakout above it. Despite a dramatic 17,000% spike in SHIB's burn rate on October 3, which removed a large amount of tokens from ci...

Technical Signals
Neutral
4 hours ago
Ethereum layer 2 Blast shuts down; Shibarium's funding relies on a developer's personal support.

Ethereum layer 2 Blast shuts down; Shibarium's funding relies on a developer's personal support.

On October 2, 2026, the Ethereum layer 2 chain Blast announced it is shutting down due to unsustainable economics, with users able to withdraw funds until October 26. Meanwhile, Shibarium, another Ethereum layer 2 chain linked to Shiba Inu, revealed ...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App