BMED vs. LCTD

Last updated Apr 2, 2026

Compare and contrast key facts about Future Health ETF (BMED) and BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD).

BMED and LCTD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BMED is an actively managed fund by BlackRock. It was launched on Sep 29, 2020. LCTD is an actively managed fund by BlackRock. It was launched on Apr 8, 2021.

Performance

BMED vs. LCTD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Future Health ETF (BMED) and BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD). The values are adjusted to include any dividend payments, if applicable.

BMED vs. LCTD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BMED Future Health ETF	-4.26%	21.79%	1.55%	5.70%	-19.69%	1.05%
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF	2.78%	30.42%	3.14%	17.10%	-16.16%	4.36%

Returns By Period

In the year-to-date period, BMED achieves a -4.26% return, which is significantly lower than LCTD's 2.78% return.

BMED

• 1D: 0.34%
• 1M: -5.51%
• YTD: -4.26%
• 6M: 5.68%
• 1Y: 22.21%
• 3Y*: 7.39%
• 5Y*: 0.40%
• 10Y*: —

LCTD

• 1D: 1.62%
• 1M: -4.78%
• YTD: 2.78%
• 6M: 6.42%
• 1Y: 25.79%
• 3Y*: 14.37%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BMED vs. LCTD - Expense Ratio Comparison

BMED has a 0.85% expense ratio, which is higher than LCTD's 0.20% expense ratio.

BMED

Future Health ETF

LCTD

BlackRock World ex U.S. Carbon Transition Readiness ETF

Return for Risk

BMED vs. LCTD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BMED

BMED Risk / Return Rank: 61
BMED Sharpe Ratio Rank: 66
BMED Sortino Ratio Rank: 66
BMED Omega Ratio Rank: 61
BMED Calmar Ratio Rank: 58
BMED Martin Ratio Rank: 53

LCTD

LCTD Risk / Return Rank: 79
LCTD Sharpe Ratio Rank: 78
LCTD Sortino Ratio Rank: 79
LCTD Omega Ratio Rank: 76
LCTD Calmar Ratio Rank: 81
LCTD Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BMED vs. LCTD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Future Health ETF (BMED) 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.

	BMED	LCTD	Difference
Sharpe ratio Return per unit of total volatility	1.23	1.51	-0.28
Sortino ratio Return per unit of downside risk	1.75	2.10	-0.35
Omega ratio Gain probability vs. loss probability	1.24	1.30	-0.07
Calmar ratio Return relative to maximum drawdown	1.60	2.41	-0.80
Martin ratio Return relative to average drawdown	5.45	9.04	-3.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BMED vs. LCTD - Sharpe Ratio Comparison

The current BMED Sharpe Ratio is 1.23, which is comparable to the LCTD Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of BMED and LCTD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BMED	LCTD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	1.51	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.45	-0.32

Correlation

The correlation between BMED and LCTD is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BMED vs. LCTD - Dividend Comparison

BMED has not paid dividends to shareholders, while LCTD's dividend yield for the trailing twelve months is around 3.51%.

	TTM	2025	2024	2023	2022	2021
BMED Future Health ETF	0.00%	0.00%	0.00%	0.03%	0.00%	0.00%
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF	3.51%	3.61%	3.74%	3.16%	3.52%	2.20%

Drawdowns

BMED vs. LCTD - Drawdown Comparison

The maximum BMED drawdown since its inception was -36.44%, which is greater than LCTD's maximum drawdown of -29.82%. Use the drawdown chart below to compare losses from any high point for BMED and LCTD.

Drawdown Indicators

	BMED	LCTD	Difference
Max Drawdown Largest peak-to-trough decline	-36.44%	-29.82%	-6.62%
Max Drawdown (1Y) Largest decline over 1 year	-12.31%	-10.92%	-1.39%
Max Drawdown (5Y) Largest decline over 5 years	-33.90%	—	—
Current Drawdown Current decline from peak	-10.30%	-6.46%	-3.84%
Average Drawdown Average peak-to-trough decline	-19.30%	-6.91%	-12.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	2.91%	+0.71%

Volatility

BMED vs. LCTD - Volatility Comparison

The current volatility for Future Health ETF (BMED) is 5.98%, while BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) has a volatility of 7.20%. This indicates that BMED experiences smaller price fluctuations and is considered to be less risky than LCTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BMED	LCTD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	7.20%	-1.22%
Volatility (6M) Calculated over the trailing 6-month period	10.87%	11.09%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	18.24%	17.12%	+1.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.42%	16.03%	+1.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.81%	16.03%	+1.78%