Is It Time for Cyclicals to Shine?

Group 1 - The cyclical stocks are experiencing a rally, moving beyond the dominance of big tech stocks in large-cap strategies [1][2] - Cyclicals are now outperforming defensive sectors, which were initially favored by investors during periods of macroeconomic uncertainty [2][3] - High-beta stocks are at year-to-date highs relative to the broader market, indicating a shift towards a more bullish market sentiment [3] Group 2 - The BNY Mellon Dynamic Value ETF (BKDV) is an actively managed fund aiming for deep capital appreciation through value stocks [4] - BKDV employs a stock selection process that combines quantitative and fundamental research, focusing on intrinsic value, sound business fundamentals, and positive business momentum [5] - As of October 31, 2025, BKDV has a significant allocation towards cyclical sectors, with financials and industrials making up over 39% of its portfolio [6]