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

Correlation

The correlation between LCTD and KRBN is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

LCTD vs. KRBN - 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 KraneShares Global Carbon ETF (KRBN). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-1.19%
-5.52%
LCTD
KRBN

Key characteristics

Sharpe Ratio

LCTD:

0.37

KRBN:

-0.62

Sortino Ratio

LCTD:

0.59

KRBN:

-0.81

Omega Ratio

LCTD:

1.07

KRBN:

0.91

Calmar Ratio

LCTD:

0.49

KRBN:

-0.44

Martin Ratio

LCTD:

1.38

KRBN:

-1.10

Ulcer Index

LCTD:

3.47%

KRBN:

13.13%

Daily Std Dev

LCTD:

12.94%

KRBN:

23.27%

Max Drawdown

LCTD:

-29.82%

KRBN:

-36.42%

Current Drawdown

LCTD:

-9.05%

KRBN:

-28.81%

Returns By Period

In the year-to-date period, LCTD achieves a 3.67% return, which is significantly higher than KRBN's -16.89% return.


LCTD

YTD

3.67%

1M

-1.13%

6M

-1.19%

1Y

4.50%

5Y*

N/A

10Y*

N/A

KRBN

YTD

-16.89%

1M

-2.99%

6M

-5.53%

1Y

-15.20%

5Y*

N/A

10Y*

N/A

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


LCTD vs. KRBN - Expense Ratio Comparison

LCTD has a 0.20% expense ratio, which is lower than KRBN's 0.79% expense ratio.


KRBN
KraneShares Global Carbon ETF
Expense ratio chart for KRBN: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
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. KRBN - 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 KraneShares Global Carbon ETF (KRBN). 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 market0.002.004.000.37-0.62
The chart of Sortino ratio for LCTD, currently valued at 0.59, compared to the broader market-2.000.002.004.006.008.0010.000.59-0.81
The chart of Omega ratio for LCTD, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.070.91
The chart of Calmar ratio for LCTD, currently valued at 0.49, compared to the broader market0.005.0010.0015.000.49-0.44
The chart of Martin ratio for LCTD, currently valued at 1.38, compared to the broader market0.0020.0040.0060.0080.00100.001.38-1.10
LCTD
KRBN

The current LCTD Sharpe Ratio is 0.37, which is higher than the KRBN Sharpe Ratio of -0.62. The chart below compares the historical Sharpe Ratios of LCTD and KRBN, 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 Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.37
-0.62
LCTD
KRBN

Dividends

LCTD vs. KRBN - Dividend Comparison

LCTD's dividend yield for the trailing twelve months is around 3.72%, less than KRBN's 7.39% yield.


TTM202320222021
LCTD
BlackRock World ex U.S. Carbon Transition Readiness ETF
3.72%3.16%3.52%2.21%
KRBN
KraneShares Global Carbon ETF
7.39%7.60%22.91%0.49%

Drawdowns

LCTD vs. KRBN - Drawdown Comparison

The maximum LCTD drawdown since its inception was -29.82%, smaller than the maximum KRBN drawdown of -36.42%. Use the drawdown chart below to compare losses from any high point for LCTD and KRBN. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.05%
-28.81%
LCTD
KRBN

Volatility

LCTD vs. KRBN - Volatility Comparison

The current volatility for BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is 3.59%, while KraneShares Global Carbon ETF (KRBN) has a volatility of 6.65%. This indicates that LCTD experiences smaller price fluctuations and is considered to be less risky than KRBN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.59%
6.65%
LCTD
KRBN
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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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