LCTD vs. SPYG
Compare and contrast key facts about BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
LCTD and SPYG 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. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LCTD or SPYG.
Performance
LCTD vs. SPYG - Performance Comparison
Returns By Period
In the year-to-date period, LCTD achieves a 4.86% return, which is significantly lower than SPYG's 33.26% return.
LCTD
4.86%
-3.16%
-1.28%
11.33%
N/A
N/A
SPYG
33.26%
3.28%
14.10%
37.95%
17.60%
14.92%
Key characteristics
| LCTD | SPYG | |
|---|---|---|
| Sharpe Ratio | 0.88 | 2.23 |
| Sortino Ratio | 1.27 | 2.90 |
| Omega Ratio | 1.16 | 1.41 |
| Calmar Ratio | 1.21 | 2.85 |
| Martin Ratio | 4.04 | 11.80 |
| Ulcer Index | 2.81% | 3.22% |
| Daily Std Dev | 12.90% | 17.04% |
| Max Drawdown | -29.82% | -67.79% |
| Current Drawdown | -8.00% | -1.47% |
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LCTD vs. SPYG - Expense Ratio Comparison
LCTD has a 0.20% expense ratio, which is higher than SPYG's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between LCTD and SPYG is 0.70, 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. SPYG - 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 SPDR Portfolio S&P 500 Growth ETF (SPYG). 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. SPYG - Dividend Comparison
LCTD's dividend yield for the trailing twelve months is around 3.41%, more than SPYG's 0.65% 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% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.65% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
LCTD vs. SPYG - Drawdown Comparison
The maximum LCTD drawdown since its inception was -29.82%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for LCTD and SPYG. For additional features, visit the drawdowns tool.
Volatility
LCTD vs. SPYG - Volatility Comparison
The current volatility for BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is 3.61%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.30%. This indicates that LCTD experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.