BIRIX vs. LCTD
Compare and contrast key facts about BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX) and BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD).
BIRIX is managed by Blackrock. It was launched on Oct 5, 2015. LCTD is an actively managed fund by Blackrock Financial Management. It was launched on Apr 8, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIRIX or LCTD.
Performance
BIRIX vs. LCTD - Performance Comparison
Returns By Period
In the year-to-date period, BIRIX achieves a 26.10% return, which is significantly higher than LCTD's 4.86% return.
BIRIX
26.10%
3.36%
12.38%
32.83%
15.86%
N/A
LCTD
4.86%
-3.16%
-1.28%
11.33%
N/A
N/A
Key characteristics
| BIRIX | LCTD | |
|---|---|---|
| Sharpe Ratio | 2.59 | 0.88 |
| Sortino Ratio | 3.43 | 1.27 |
| Omega Ratio | 1.48 | 1.16 |
| Calmar Ratio | 3.52 | 1.21 |
| Martin Ratio | 15.67 | 4.04 |
| Ulcer Index | 2.10% | 2.81% |
| Daily Std Dev | 12.66% | 12.90% |
| Max Drawdown | -34.67% | -29.82% |
| Current Drawdown | -0.65% | -8.00% |
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BIRIX vs. LCTD - Expense Ratio Comparison
BIRIX has a 0.48% expense ratio, which is higher than LCTD's 0.20% expense ratio.
Correlation
The correlation between BIRIX and LCTD is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
BIRIX vs. LCTD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX) and BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BIRIX vs. LCTD - Dividend Comparison
BIRIX's dividend yield for the trailing twelve months is around 0.94%, less than LCTD's 3.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIRIX BlackRock Sustainable Advantage Large Cap Core Fund | 0.94% | 1.01% | 1.22% | 0.56% | 0.94% | 2.94% | 1.50% | 1.22% | 1.50% | 0.54% |
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF | 3.41% | 3.16% | 3.52% | 2.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BIRIX vs. LCTD - Drawdown Comparison
The maximum BIRIX drawdown since its inception was -34.67%, which is greater than LCTD's maximum drawdown of -29.82%. Use the drawdown chart below to compare losses from any high point for BIRIX and LCTD. For additional features, visit the drawdowns tool.
Volatility
BIRIX vs. LCTD - Volatility Comparison
BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX) has a higher volatility of 4.09% compared to BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) at 3.61%. This indicates that BIRIX's price experiences larger fluctuations and is considered to be riskier than LCTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.