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LCTD vs. BLCV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LCTD vs. BLCV

Last updated Aug 4, 2026
Documentation

LCTD (BlackRock World ex U.S. Carbon Transition Readiness ETF) and BLCV (Blackrock Large Cap Value ETF) are both exchange-traded funds - LCTD is a Alternative Energy Equities fund actively managed by BlackRock, while BLCV is a Large Cap Value Equities fund actively managed by BlackRock. Both are actively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. LCTD charges 0.20%/yr vs 0.55%/yr for BLCV.

Performance

LCTD vs. BLCV - 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 Large Cap Value ETF (BLCV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

LCTD

1D
0.40%
1M
1.73%
6M
4.47%
YTD
9.67%
1Y
22.85%
3Y*
15.76%
5Y*
7.61%
10Y*
—
ALL TIME*
8.10%

BLCV

1D
—
1M
—
6M
—
YTD
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

LCTD

BlackRock World ex U.S. Carbon Transition Readiness ETF
$320.78K$394.26K$1.78M

LCTD vs. BLCV - Yearly Performance Comparison

2026 (YTD)202520242023
LCTD
BlackRock World ex U.S. Carbon Transition Readiness ETF		9.67%30.42%3.14%5.13%
BLCV
Blackrock Large Cap Value ETF		6.47%19.96%12.63%14.56%

Correlation

The correlation between LCTD and BLCV is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.65

Correlation (3Y)
Balances recent behavior with more history.

0.67

Correlation (All Time)
Calculated using the full available price history since May 23, 2023

0.67

The correlation between LCTD and BLCV has been stable across timeframes, ranging from 0.65 to 0.67 - a consistent structural relationship.

LCTD vs. BLCV - Sectors Allocation Comparison

Sectors
LCTD
BLCV

Financial Services

27.8%
16.5%

Industrials

17.3%
10.6%

Technology

10.8%
17.8%

Healthcare

9.6%
14.4%

Basic Materials

7.2%
2.3%

Consumer Cyclical

6.2%
14.0%

Consumer Defensive

5.7%
6.4%

Energy

5.3%
5.4%

Utilities

3.6%
4.3%

Communication Services

3.1%
4.9%

Real Estate

1.5%
2.6%

Financial Services

LCTD
27.8%
BLCV
16.5%

Industrials

LCTD
17.3%
BLCV
10.6%

Technology

LCTD
10.8%
BLCV
17.8%

Healthcare

LCTD
9.6%
BLCV
14.4%

Basic Materials

LCTD
7.2%
BLCV
2.3%

Consumer Cyclical

LCTD
6.2%
BLCV
14.0%

Consumer Defensive

LCTD
5.7%
BLCV
6.4%

Energy

LCTD
5.3%
BLCV
5.4%

Utilities

LCTD
3.6%
BLCV
4.3%

Communication Services

LCTD
3.1%
BLCV
4.9%

Real Estate

LCTD
1.5%
BLCV
2.6%

Compare stocks, funds, or ETFs

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

BlackRock World ex U.S. Carbon Transition Readiness ETF

Blackrock Large Cap Value ETF

Often compared with LCTD:
LCTD vs. GRIDLCTD vs. CNRGLCTD vs. BIRIXLCTD vs. LCTULCTD vs. SDGLCTD vs. QCLNLCTD vs. KRBN
Often compared with BLCV:
BLCV vs. VOOBLCV vs. SEIVBLCV vs. VFV.TOBLCV vs. SPYBLCV vs. VTVBLCV vs. GARPBLCV vs. IWB

Return for Risk

LCTD vs. BLCV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
LCTD
LCTD Risk / Return Rank: 6060
Overall Rank
LCTD Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
LCTD Sortino Ratio Rank: 6363
Sortino Ratio Rank
LCTD Omega Ratio Rank: 6060
Omega Ratio Rank
LCTD Calmar Ratio Rank: 5757
Calmar Ratio Rank
LCTD Martin Ratio Rank: 5959
Martin Ratio Rank
BLCV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LCTD vs. BLCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) and Blackrock Large Cap Value ETF (BLCV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

LCTDBLCVDifference
Sharpe ratioReturn per unit of total volatility
1.52

—

—

Sortino ratioReturn per unit of downside risk
2.17

—

—

Omega ratioGain probability vs. loss probability

1.27

—

—

Calmar ratioReturn relative to maximum drawdown

2.10

—

—

Martin ratioReturn relative to average drawdown

7.32

—

—

LCTD vs. BLCV - Sharpe Ratio Comparison

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Drawdowns

LCTD vs. BLCV - Drawdown Comparison

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Drawdown Indicators

LCTDBLCVDifference

Max Drawdown

Largest peak-to-trough decline

-29.82%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-10.92%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-13.59%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-29.82%

—

—

Current Drawdown

Current decline from peak

-0.43%

—

—

Average Drawdown

Average peak-to-trough decline

-6.65%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.13%

—

—

Volatility

LCTD vs. BLCV - Volatility Comparison

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Volatility by Period

LCTDBLCVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.25%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

12.84%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

15.12%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.22%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.04%

—

—

LCTD vs. BLCV - Expense Ratio Comparison

LCTD has a 0.20% expense ratio, which is lower than BLCV's 0.55% expense ratio.

Dividends

LCTD vs. BLCV - Dividend Comparison

LCTD's dividend yield for the trailing twelve months is around 3.31%, while BLCV has not paid dividends to shareholders.

PositionTTM20252024202320222021
BLCV
Blackrock Large Cap Value ETF		1.01%1.37%1.63%1.02%0.00%0.00%
LCTD
BlackRock World ex U.S. Carbon Transition Readiness ETF		3.31%3.61%3.74%3.16%3.52%2.20%

Frequently Asked Questions

LCTD and BLCV have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, LCTD is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

LCTD is cheaper with a 0.20% expense ratio, compared with 0.55% for BLCV.

LCTD has the higher dividend yield at 3.31%, compared with 1.01% for BLCV.

LCTD is categorized as Alternative Energy Equities, while BLCV is Large Cap Value Equities. Their fees differ too: 0.20% for LCTD and 0.55% for BLCV.

Portfolio Optimizer

Find the right allocation for LCTD and BLCV

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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