LCTD vs. VCLN

Last updated Aug 4, 2026

LCTD (BlackRock World ex U.S. Carbon Transition Readiness ETF) and VCLN (Virtus Duff & Phelps Clean Energy ETF) are both exchange-traded funds - LCTD is a Alternative Energy Equities fund actively managed by BlackRock, while VCLN is a Sustainable fund actively managed by Virtus. Both are actively managed. Over the past 5 years, LCTD returned 7.61%/yr vs 2.82%/yr for VCLN. Their 0.60 correlation means they have sometimes moved together and sometimes differently. LCTD charges 0.20%/yr vs 0.59%/yr for VCLN.

Performance

LCTD vs. VCLN - 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 Virtus Duff & Phelps Clean Energy ETF (VCLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with LCTD having a 9.67% return and VCLN slightly lower at 9.55%.

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%

VCLN

• 1D: 1.23%
• 1M: -6.44%
• 6M: -1.07%
• YTD: 9.55%
• 1Y: 37.73%
• 3Y*: 14.01%
• 5Y*: 2.82%
• 10Y*: —
• ALL TIME*: 2.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. 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
VCLN Virtus Duff & Phelps Clean Energy ETF	$16.61K	$16.57K	$32.94K

LCTD vs. VCLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF	9.67%	30.42%	3.14%	17.10%	-16.16%	-0.64%
VCLN Virtus Duff & Phelps Clean Energy ETF	9.55%	55.75%	-6.69%	-17.54%	-7.87%	-5.21%

Correlation

The correlation between LCTD and VCLN is 0.47, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.47
Correlation (3Y) Balances recent behavior with more history.	0.54
Correlation (5Y) Shows whether the relationship held over a longer period.	0.60
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021	0.60

The correlation between LCTD and VCLN shifts across timeframes, from 0.47 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.

LCTD vs. VCLN - Sectors Allocation Comparison

Sectors	LCTD	VCLN
Financial Services	27.8%	-
Industrials	17.3%	37.2%
Technology	10.8%	27.4%
Healthcare	9.6%	-
Basic Materials	7.2%	-
Consumer Cyclical	6.2%	-
Consumer Defensive	5.7%	-
Energy	5.3%	0.9%
Utilities	3.6%	34.5%
Communication Services	3.1%	-
Real Estate	1.5%	-

Return for Risk

LCTD vs. VCLN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LCTD

LCTD Risk / Return Rank: 60
LCTD Sharpe Ratio Rank: 63
LCTD Sortino Ratio Rank: 63
LCTD Omega Ratio Rank: 60
LCTD Calmar Ratio Rank: 57
LCTD Martin Ratio Rank: 59

VCLN

VCLN Risk / Return Rank: 44
VCLN Sharpe Ratio Rank: 46
VCLN Sortino Ratio Rank: 47
VCLN Omega Ratio Rank: 43
VCLN Calmar Ratio Rank: 39
VCLN Martin Ratio Rank: 43

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. VCLN - 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 Virtus Duff & Phelps Clean Energy ETF (VCLN). 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.

	LCTD	VCLN	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.19	+0.33
Sortino ratio: Return per unit of downside risk	2.17	1.79	+0.39
Omega ratio: Gain probability vs. loss probability	1.27	1.21	+0.06
Calmar ratio: Return relative to maximum drawdown	2.10	1.43	+0.67
Martin ratio: Return relative to average drawdown	7.32	4.99	+2.33

LCTD vs. VCLN - Sharpe Ratio Comparison

The current LCTD Sharpe Ratio is 1.52, which is comparable to the VCLN Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of LCTD and VCLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LCTD vs. VCLN - Drawdown Comparison

The maximum LCTD drawdown since its inception was -29.82%, smaller than the maximum VCLN drawdown of -45.66%. Use the drawdown chart below to compare losses from any high point for LCTD and VCLN.

Drawdown Indicators

	LCTD	VCLN	Difference
Max Drawdown Largest peak-to-trough decline	-29.82%	-45.66%	+15.84%
Max Drawdown (1Y) Largest decline over 1 year	-10.92%	-26.50%	+15.58%
Max Drawdown (3Y) Largest decline over 3 years	-13.59%	-26.50%	+12.91%
Max Drawdown (5Y) Largest decline over 5 years	-29.82%	-45.66%	+15.84%
Current Drawdown Current decline from peak	-0.43%	-22.19%	+21.76%
Average Drawdown Average peak-to-trough decline	-6.65%	-23.80%	+17.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	7.59%	-4.46%

Volatility

LCTD vs. VCLN - Volatility Comparison

The current volatility for BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is 4.25%, while Virtus Duff & Phelps Clean Energy ETF (VCLN) has a volatility of 9.91%. This indicates that LCTD experiences smaller price fluctuations and is considered to be less risky than VCLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCTD	VCLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.25%	9.91%	-5.66%
Volatility (6M) Calculated over the trailing 6-month period	12.84%	23.08%	-10.24%
Volatility (1Y) Calculated over the trailing 1-year period	15.12%	31.79%	-16.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	27.79%	-11.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.04%	27.79%	-11.75%

LCTD vs. VCLN - Expense Ratio Comparison

LCTD has a 0.20% expense ratio, which is lower than VCLN's 0.59% expense ratio.

Dividends

LCTD vs. VCLN - Dividend Comparison

LCTD's dividend yield for the trailing twelve months is around 3.31%, more than VCLN's 1.91% yield.

Position	TTM	2025	2024	2023	2022	2021
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF	3.31%	3.61%	3.74%	3.16%	3.52%	2.20%
VCLN Virtus Duff & Phelps Clean Energy ETF	1.91%	2.01%	1.16%	1.14%	0.65%	0.00%

Frequently Asked Questions

Can I hold both LCTD and VCLN in my portfolio?

LCTD and VCLN have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LCTD or VCLN?

VCLN has higher volatility (9.91%) compared to LCTD (4.25%). In terms of maximum drawdown, LCTD dropped -29.82% vs VCLN's -45.66%.

Which ETF is better, LCTD or VCLN?

On 5-year performance, LCTD leads with 7.61% vs 2.82% for VCLN. On fees, LCTD is cheaper at 0.20% per year. On volatility, LCTD has been the lower-risk option at 4.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LCTD or VCLN?

Over the 5-year period, LCTD has performed better with a 7.61% return vs 2.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LCTD or VCLN?

LCTD is cheaper with a 0.20% expense ratio, compared with 0.59% for VCLN.

Which ETF pays a higher dividend yield, LCTD or VCLN?

LCTD has the higher dividend yield at 3.31%, compared with 1.91% for VCLN.

What is the main difference between LCTD and VCLN?

LCTD is categorized as Alternative Energy Equities, while VCLN is Sustainable. They also come from different issuers: BlackRock and Virtus. Their fees differ too: 0.20% for LCTD and 0.59% for VCLN.

Which has better risk-adjusted returns?

LCTD currently has the higher Sharpe Ratio (1.52 vs 1.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.