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BlackRock Future Climate and Sustainable Economy E...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

CUSIP09290C707
IssuerBlackrock Financial Management
Inception DateAug 3, 2021
RegionGlobal (Broad)
CategorySustainable
Index TrackedMSCI ACWI Multiple Industries Select Index - Benchmark TR Net
Home Pagewww.blackrock.com
Asset ClassEquity

Expense Ratio

The BlackRock Future Climate and Sustainable Economy ETF has a high expense ratio of 0.70%, indicating higher-than-average management fees.


Expense ratio chart for BECO: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%

Share Price Chart


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Compare to other instruments

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BlackRock Future Climate and Sustainable Economy ETF

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BlackRock Future Climate and Sustainable Economy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2024FebruaryMarchApril
14.44%
21.14%
BECO (BlackRock Future Climate and Sustainable Economy ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

BlackRock Future Climate and Sustainable Economy ETF had a return of -2.07% year-to-date (YTD) and -3.03% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date-2.07%6.33%
1 month-2.12%-2.81%
6 months14.44%21.13%
1 year-3.03%24.56%
5 years (annualized)N/A11.55%
10 years (annualized)N/A10.55%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-4.33%1.92%3.56%
2023-8.28%-4.81%9.12%5.46%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BECO is 8, indicating that it is in the bottom 8% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of BECO is 88
BlackRock Future Climate and Sustainable Economy ETF(BECO)
The Sharpe Ratio Rank of BECO is 88Sharpe Ratio Rank
The Sortino Ratio Rank of BECO is 88Sortino Ratio Rank
The Omega Ratio Rank of BECO is 88Omega Ratio Rank
The Calmar Ratio Rank of BECO is 88Calmar Ratio Rank
The Martin Ratio Rank of BECO is 99Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for BlackRock Future Climate and Sustainable Economy ETF (BECO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


BECO
Sharpe ratio
The chart of Sharpe ratio for BECO, currently valued at -0.36, compared to the broader market-1.000.001.002.003.004.00-0.36
Sortino ratio
The chart of Sortino ratio for BECO, currently valued at -0.43, compared to the broader market-2.000.002.004.006.008.00-0.43
Omega ratio
The chart of Omega ratio for BECO, currently valued at 0.95, compared to the broader market1.001.502.000.95
Calmar ratio
The chart of Calmar ratio for BECO, currently valued at -0.15, compared to the broader market0.002.004.006.008.0010.00-0.15
Martin ratio
The chart of Martin ratio for BECO, currently valued at -0.55, compared to the broader market0.0010.0020.0030.0040.0050.0060.00-0.55
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.91, compared to the broader market-1.000.001.002.003.004.001.91
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.77, compared to the broader market-2.000.002.004.006.008.002.77
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.001.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.46, compared to the broader market0.002.004.006.008.0010.001.46
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.61, compared to the broader market0.0010.0020.0030.0040.0050.0060.007.61

Sharpe Ratio

The current BlackRock Future Climate and Sustainable Economy ETF Sharpe ratio is -0.36. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
-0.36
1.91
BECO (BlackRock Future Climate and Sustainable Economy ETF)
Benchmark (^GSPC)

Dividends

Dividend History

BlackRock Future Climate and Sustainable Economy ETF granted a 0.96% dividend yield in the last twelve months. The annual payout for that period amounted to $0.20 per share.


PeriodTTM202320222021
Dividend$0.20$0.20$0.13$0.04

Dividend yield

0.96%0.94%0.63%0.15%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Future Climate and Sustainable Economy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.14$0.00$0.00$0.00$0.00$0.00$0.06
2022$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.00$0.00$0.00$0.03
2021$0.04

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-19.78%
-3.48%
BECO (BlackRock Future Climate and Sustainable Economy ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the BlackRock Future Climate and Sustainable Economy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BlackRock Future Climate and Sustainable Economy ETF was 32.32%, occurring on Oct 14, 2022. The portfolio has not yet recovered.

The current BlackRock Future Climate and Sustainable Economy ETF drawdown is 19.78%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-32.32%Nov 15, 2021231Oct 14, 2022
-9.44%Sep 7, 202125Oct 11, 202124Nov 12, 202149
-1.92%Aug 12, 20216Aug 19, 20212Aug 23, 20218
-0.84%Aug 26, 20211Aug 26, 20211Aug 27, 20212

Volatility

Volatility Chart

The current BlackRock Future Climate and Sustainable Economy ETF volatility is 3.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%NovemberDecember2024FebruaryMarchApril
3.67%
3.59%
BECO (BlackRock Future Climate and Sustainable Economy ETF)
Benchmark (^GSPC)