LCTD vs. QCLN
Compare and contrast key facts about BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).
LCTD and QCLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LCTD is an actively managed fund by Blackrock Financial Management. It was launched on Apr 8, 2021. QCLN is a passively managed fund by First Trust that tracks the performance of the NASDAQ Clean Edge Green Energy. It was launched on Feb 8, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LCTD or QCLN.
Performance
LCTD vs. QCLN - Performance Comparison
Returns By Period
In the year-to-date period, LCTD achieves a 4.86% return, which is significantly higher than QCLN's -17.59% return.
LCTD
4.86%
-3.16%
-1.28%
11.33%
N/A
N/A
QCLN
-17.59%
5.96%
-8.01%
-2.95%
9.68%
7.43%
Key characteristics
| LCTD | QCLN | |
|---|---|---|
| Sharpe Ratio | 0.88 | -0.09 |
| Sortino Ratio | 1.27 | 0.12 |
| Omega Ratio | 1.16 | 1.01 |
| Calmar Ratio | 1.21 | -0.05 |
| Martin Ratio | 4.04 | -0.16 |
| Ulcer Index | 2.81% | 18.60% |
| Daily Std Dev | 12.90% | 34.52% |
| Max Drawdown | -29.82% | -76.18% |
| Current Drawdown | -8.00% | -60.19% |
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LCTD vs. QCLN - Expense Ratio Comparison
LCTD has a 0.20% expense ratio, which is lower than QCLN's 0.60% expense ratio.
Correlation
The correlation between LCTD and QCLN is 0.63, 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.
Risk-Adjusted Performance
LCTD vs. QCLN - 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 First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). 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
LCTD vs. QCLN - Dividend Comparison
LCTD's dividend yield for the trailing twelve months is around 3.41%, more than QCLN's 0.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | 0.98% | 0.76% | 0.33% | 0.01% | 0.30% | 0.85% | 1.03% | 0.45% | 1.25% | 0.72% | 0.78% | 0.41% |
Drawdowns
LCTD vs. QCLN - Drawdown Comparison
The maximum LCTD drawdown since its inception was -29.82%, smaller than the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for LCTD and QCLN. For additional features, visit the drawdowns tool.
Volatility
LCTD vs. QCLN - Volatility Comparison
The current volatility for BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is 3.61%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 7.98%. This indicates that LCTD experiences smaller price fluctuations and is considered to be less risky than QCLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.