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LCTD vs. BIRIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LCTD and BIRIX 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.


-0.50.00.51.00.8

Performance

LCTD vs. BIRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) and BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-1.19%
-6.81%
LCTD
BIRIX

Key characteristics

Sharpe Ratio

LCTD:

0.37

BIRIX:

0.48

Sortino Ratio

LCTD:

0.59

BIRIX:

0.65

Omega Ratio

LCTD:

1.07

BIRIX:

1.12

Calmar Ratio

LCTD:

0.49

BIRIX:

0.46

Martin Ratio

LCTD:

1.38

BIRIX:

1.22

Ulcer Index

LCTD:

3.47%

BIRIX:

6.95%

Daily Std Dev

LCTD:

12.94%

BIRIX:

17.66%

Max Drawdown

LCTD:

-29.82%

BIRIX:

-34.67%

Current Drawdown

LCTD:

-9.05%

BIRIX:

-10.17%

Returns By Period

In the year-to-date period, LCTD achieves a 3.67% return, which is significantly lower than BIRIX's 7.88% return.


LCTD

YTD

3.67%

1M

-1.13%

6M

-1.19%

1Y

4.50%

5Y*

N/A

10Y*

N/A

BIRIX

YTD

7.88%

1M

-4.93%

6M

-6.82%

1Y

8.10%

5Y*

9.51%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


LCTD vs. BIRIX - Expense Ratio Comparison

LCTD has a 0.20% expense ratio, which is lower than BIRIX's 0.48% expense ratio.


BIRIX
BlackRock Sustainable Advantage Large Cap Core Fund
Expense ratio chart for BIRIX: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for LCTD: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

LCTD vs. BIRIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) and BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX). 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.


Sharpe ratio
The chart of Sharpe ratio for LCTD, currently valued at 0.37, compared to the broader market0.002.004.000.370.48
The chart of Sortino ratio for LCTD, currently valued at 0.59, compared to the broader market-2.000.002.004.006.008.0010.000.590.65
The chart of Omega ratio for LCTD, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.12
The chart of Calmar ratio for LCTD, currently valued at 0.49, compared to the broader market0.005.0010.0015.000.490.46
The chart of Martin ratio for LCTD, currently valued at 1.38, compared to the broader market0.0020.0040.0060.0080.00100.001.381.22
LCTD
BIRIX

The current LCTD Sharpe Ratio is 0.37, which is comparable to the BIRIX Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of LCTD and BIRIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.37
0.48
LCTD
BIRIX

Dividends

LCTD vs. BIRIX - Dividend Comparison

LCTD's dividend yield for the trailing twelve months is around 3.72%, more than BIRIX's 0.90% yield.


TTM202320222021202020192018201720162015
LCTD
BlackRock World ex U.S. Carbon Transition Readiness ETF
3.72%3.16%3.52%2.21%0.00%0.00%0.00%0.00%0.00%0.00%
BIRIX
BlackRock Sustainable Advantage Large Cap Core Fund
0.90%1.01%1.22%0.56%0.94%2.94%1.50%1.22%1.50%0.54%

Drawdowns

LCTD vs. BIRIX - Drawdown Comparison

The maximum LCTD drawdown since its inception was -29.82%, smaller than the maximum BIRIX drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for LCTD and BIRIX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.05%
-10.17%
LCTD
BIRIX

Volatility

LCTD vs. BIRIX - Volatility Comparison

The current volatility for BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is 3.59%, while BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX) has a volatility of 6.45%. This indicates that LCTD experiences smaller price fluctuations and is considered to be less risky than BIRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
3.59%
6.45%
LCTD
BIRIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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