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BlackRock Future Climate and Sustainable Economy ETF (BECO)

ETF · Currency in USD · Last updated Nov 30, 2022

BECO is a passive ETF by Blackrock Financial Management tracking the investment results of the MSCI ACWI Multiple Industries Select Index - Benchmark TR Net. BECO launched on Aug 3, 2021 and has a 0.70% expense ratio.

ETF Info

CUSIP09290C707
IssuerBlackrock Financial Management
Inception DateAug 3, 2021
RegionGlobal (Broad)
CategorySustainable
Expense Ratio0.70%
Index TrackedMSCI ACWI Multiple Industries Select Index - Benchmark TR Net
ETF Home Pagewww.blackrock.com
Asset ClassEquity

Trading Data

Previous Close$20.50
Year Range$17.60 - $25.51
EMA (50)$19.63
EMA (200)$20.85
Average Volume$1.88K

BECOShare Price Chart


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BECOPerformance

The chart shows the growth of $10,000 invested in BlackRock Future Climate and Sustainable Economy ETF in Aug 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $8,172 for a total return of roughly -18.28%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovember
-4.60%
-5.25%
BECO (BlackRock Future Climate and Sustainable Economy ETF)
Benchmark (^GSPC)

BECOCompare to other instruments

Search for stocks, ETFs, and funds to compare with BECO

BECOReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M7.15%1.45%
6M-3.54%-4.82%
YTD-19.65%-16.96%
1Y-18.24%-13.86%
5Y-14.25%-8.33%
10Y-14.25%-8.33%

BECOMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-10.00%-1.70%3.56%-7.88%-1.43%-11.26%9.27%-2.82%-11.78%8.16%7.42%
20211.94%-7.32%5.61%-0.86%2.81%

BECOSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current BlackRock Future Climate and Sustainable Economy ETF Sharpe ratio is -0.80. 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.

The chart below displays rolling 12-month Sharpe Ratio.


-1.40-1.20-1.00-0.80-0.60-0.40-0.20Aug 14Aug 21Aug 28Sep 04Sep 11Sep 18Sep 25Oct 02Oct 09Oct 16Oct 23Oct 30Nov 06Nov 13Nov 20Nov 27
-0.80
-0.63
BECO (BlackRock Future Climate and Sustainable Economy ETF)
Benchmark (^GSPC)

BECODividend History

BlackRock Future Climate and Sustainable Economy ETF granted a 0.67% dividend yield in the last twelve months. The annual payout for that period amounted to $0.14 per share.


PeriodTTM2021
Dividend$0.14$0.04

Dividend yield

0.67%0.15%

BECODrawdowns 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%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-21.17%
-17.49%
BECO (BlackRock Future Climate and Sustainable Economy ETF)
Benchmark (^GSPC)

BECOWorst Drawdowns

The table below shows the maximum drawdowns of the BlackRock Future Climate and Sustainable Economy ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the BlackRock Future Climate and Sustainable Economy ETF is 32.32%, recorded on Oct 14, 2022. The portfolio has not recovered from it yet.


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
-0.31%Aug 9, 20211Aug 9, 20211Aug 10, 20212

BECOVolatility Chart

Current BlackRock Future Climate and Sustainable Economy ETF volatility is 15.03%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovember
15.03%
13.39%
BECO (BlackRock Future Climate and Sustainable Economy ETF)
Benchmark (^GSPC)