LCTU vs. BLCV

Last updated Jul 17, 2026

LCTU (BlackRock U.S. Carbon Transition Readiness ETF) and BLCV (Blackrock Large Cap Value ETF) are both exchange-traded funds - LCTU is a ESG fund actively managed by BlackRock, while BLCV is a Large Cap Value Equities fund actively managed by BlackRock. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. LCTU charges 0.15%/yr vs 0.55%/yr for BLCV.

Performance

LCTU vs. BLCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and Blackrock Large Cap Value ETF (BLCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LCTU

• 1D: -0.41%
• 1M: 0.99%
• 6M: 8.15%
• YTD: 9.64%
• 1Y: 20.56%
• 3Y*: 19.06%
• 5Y*: 12.02%
• 10Y*: —

BLCV

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LCTU vs. BLCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LCTU BlackRock U.S. Carbon Transition Readiness ETF	9.64%	16.96%	24.00%	15.11%
BLCV Blackrock Large Cap Value ETF	6.47%	19.96%	12.63%	14.56%

Correlation

The correlation between LCTU and BLCV is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (All Time) Calculated using the full available price history since May 23, 2023	0.74

The correlation between LCTU and BLCV has been stable across timeframes, ranging from 0.71 to 0.74 - a consistent structural relationship.

LCTU vs. BLCV - Sectors Allocation Comparison

Sectors	LCTU	BLCV
Technology	36.4%	18.3%
Financial Services	11.9%	14.9%
Consumer Cyclical	9.8%	9.9%
Communication Services	9.4%	9.5%
Healthcare	9.0%	11.6%
Industrials	8.6%	14.2%
Consumer Defensive	4.4%	6.1%
Energy	2.9%	6.0%
Utilities	2.8%	4.4%
Real Estate	2.2%	2.7%
Basic Materials	1.8%	2.4%

Return for Risk

LCTU vs. BLCV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LCTU

LCTU Risk / Return Rank: 60
LCTU Sharpe Ratio Rank: 61
LCTU Sortino Ratio Rank: 60
LCTU Omega Ratio Rank: 60
LCTU Calmar Ratio Rank: 54
LCTU Martin Ratio Rank: 66

BLCV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LCTU vs. BLCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and Blackrock Large Cap Value ETF (BLCV). 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.

	LCTU	BLCV	Difference
Sharpe ratio: Return per unit of total volatility	1.62	—	—
Sortino ratio: Return per unit of downside risk	2.25	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.20	—	—
Martin ratio: Return relative to average drawdown	9.38	—	—

Drawdowns

Drawdown Indicators

	LCTU	BLCV	Difference
Max Drawdown Largest peak-to-trough decline	-25.93%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.93%	—	—
Current Drawdown Current decline from peak	-0.41%	—	—
Average Drawdown Average peak-to-trough decline	-6.21%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	—	—

Volatility

Volatility by Period

	LCTU	BLCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.76%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.23%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	—	—

LCTU vs. BLCV - Expense Ratio Comparison

LCTU has a 0.15% expense ratio, which is lower than BLCV's 0.55% expense ratio.

Dividends

LCTU vs. BLCV - Dividend Comparison

LCTU's dividend yield for the trailing twelve months is around 0.95%, while BLCV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BLCV Blackrock Large Cap Value ETF	1.01%	1.37%	1.63%	1.02%	0.00%	0.00%
LCTU BlackRock U.S. Carbon Transition Readiness ETF	0.95%	1.02%	1.27%	1.46%	1.63%	2.20%

Frequently Asked Questions

Can I hold both LCTU and BLCV in my portfolio?

LCTU and BLCV have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LCTU or BLCV?

On fees, LCTU is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LCTU or BLCV?

LCTU is cheaper with a 0.15% expense ratio, compared with 0.55% for BLCV.

Which ETF pays a higher dividend yield, LCTU or BLCV?

BLCV has the higher dividend yield at 1.01%, compared with 0.95% for LCTU.

What is the main difference between LCTU and BLCV?

LCTU is categorized as ESG, while BLCV is Large Cap Value Equities. Their fees differ too: 0.15% for LCTU and 0.55% for BLCV.