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

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.


-0.50.00.51.00.6

Performance

LCTD vs. QCLN - 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 First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-1.59%
-0.11%
LCTD
QCLN

Key characteristics

Sharpe Ratio

LCTD:

0.43

QCLN:

-0.52

Sortino Ratio

LCTD:

0.67

QCLN:

-0.56

Omega Ratio

LCTD:

1.08

QCLN:

0.94

Calmar Ratio

LCTD:

0.58

QCLN:

-0.27

Martin Ratio

LCTD:

1.69

QCLN:

-0.91

Ulcer Index

LCTD:

3.31%

QCLN:

19.12%

Daily Std Dev

LCTD:

13.05%

QCLN:

33.63%

Max Drawdown

LCTD:

-29.82%

QCLN:

-76.18%

Current Drawdown

LCTD:

-9.70%

QCLN:

-60.27%

Returns By Period

In the year-to-date period, LCTD achieves a 2.92% return, which is significantly higher than QCLN's -17.75% return.


LCTD

YTD

2.92%

1M

-1.71%

6M

-1.56%

1Y

4.56%

5Y*

N/A

10Y*

N/A

QCLN

YTD

-17.75%

1M

3.33%

6M

-3.07%

1Y

-19.30%

5Y*

7.55%

10Y*

7.97%

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. QCLN - Expense Ratio Comparison

LCTD has a 0.20% expense ratio, which is lower than QCLN's 0.60% expense ratio.


QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
Expense ratio chart for QCLN: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
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. 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.


Sharpe ratio
The chart of Sharpe ratio for LCTD, currently valued at 0.43, compared to the broader market0.002.004.000.43-0.52
The chart of Sortino ratio for LCTD, currently valued at 0.67, compared to the broader market-2.000.002.004.006.008.0010.000.67-0.56
The chart of Omega ratio for LCTD, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.001.080.94
The chart of Calmar ratio for LCTD, currently valued at 0.58, compared to the broader market0.005.0010.0015.000.58-0.28
The chart of Martin ratio for LCTD, currently valued at 1.69, compared to the broader market0.0020.0040.0060.0080.00100.001.69-0.91
LCTD
QCLN

The current LCTD Sharpe Ratio is 0.43, which is higher than the QCLN Sharpe Ratio of -0.52. The chart below compares the historical Sharpe Ratios of LCTD and QCLN, 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-1.000.001.002.00JulyAugustSeptemberOctoberNovemberDecember
0.43
-0.52
LCTD
QCLN

Dividends

LCTD vs. QCLN - Dividend Comparison

LCTD's dividend yield for the trailing twelve months is around 5.24%, more than QCLN's 0.98% yield.


TTM20232022202120202019201820172016201520142013
LCTD
BlackRock World ex U.S. Carbon Transition Readiness ETF
3.75%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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.70%
-57.12%
LCTD
QCLN

Volatility

LCTD vs. QCLN - Volatility Comparison

The current volatility for BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is 3.47%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 8.99%. 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
3.47%
8.99%
LCTD
QCLN
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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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