LCTD vs. VOO
Compare and contrast key facts about BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) and Vanguard S&P 500 ETF (VOO).
LCTD and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LCTD or VOO.
Performance
LCTD vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, LCTD achieves a 4.60% return, which is significantly lower than VOO's 25.48% return.
LCTD
4.60%
-5.78%
-2.15%
10.69%
N/A
N/A
VOO
25.48%
0.99%
11.84%
31.84%
15.62%
13.15%
Key characteristics
| LCTD | VOO | |
|---|---|---|
| Sharpe Ratio | 0.87 | 2.69 |
| Sortino Ratio | 1.26 | 3.59 |
| Omega Ratio | 1.15 | 1.50 |
| Calmar Ratio | 1.14 | 3.89 |
| Martin Ratio | 4.22 | 17.64 |
| Ulcer Index | 2.66% | 1.86% |
| Daily Std Dev | 12.91% | 12.20% |
| Max Drawdown | -29.82% | -33.99% |
| Current Drawdown | -8.24% | -1.40% |
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LCTD vs. VOO - Expense Ratio Comparison
LCTD has a 0.20% expense ratio, which is higher than VOO's 0.03% 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 VOO is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
LCTD vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
LCTD's dividend yield for the trailing twelve months is around 3.42%, more than VOO's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF | 3.42% | 3.16% | 3.52% | 2.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
LCTD vs. VOO - Drawdown Comparison
The maximum LCTD drawdown since its inception was -29.82%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for LCTD and VOO. For additional features, visit the drawdowns tool.
Volatility
LCTD vs. VOO - Volatility Comparison
The current volatility for BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is 3.71%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.10%. This indicates that LCTD experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.