PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
LCTU vs. LCTD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

LCTU vs. LCTD - 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 World ex U.S. Carbon Transition Readiness ETF (LCTD). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
13.66%
-1.29%
LCTU
LCTD

Returns By Period

In the year-to-date period, LCTU achieves a 25.86% return, which is significantly higher than LCTD's 4.86% return.


LCTU

YTD

25.86%

1M

3.49%

6M

13.66%

1Y

32.97%

5Y (annualized)

N/A

10Y (annualized)

N/A

LCTD

YTD

4.86%

1M

-3.16%

6M

-1.28%

1Y

11.33%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


LCTULCTD
Sharpe Ratio2.680.88
Sortino Ratio3.581.27
Omega Ratio1.491.16
Calmar Ratio3.771.21
Martin Ratio16.904.04
Ulcer Index1.95%2.81%
Daily Std Dev12.30%12.90%
Max Drawdown-25.92%-29.82%
Current Drawdown-0.34%-8.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


LCTU vs. LCTD - Expense Ratio Comparison

LCTU has a 0.15% expense ratio, which is lower than LCTD's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


LCTD
BlackRock World ex U.S. Carbon Transition Readiness ETF
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%
Expense ratio chart for LCTU: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Correlation

-0.50.00.51.00.8

The correlation between LCTU and LCTD is 0.80, 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

LCTU vs. LCTD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD). 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 LCTU, currently valued at 2.68, compared to the broader market0.002.004.002.680.88
The chart of Sortino ratio for LCTU, currently valued at 3.58, compared to the broader market-2.000.002.004.006.008.0010.0012.003.581.27
The chart of Omega ratio for LCTU, currently valued at 1.49, compared to the broader market0.501.001.502.002.503.001.491.16
The chart of Calmar ratio for LCTU, currently valued at 3.77, compared to the broader market0.005.0010.0015.0020.003.771.21
The chart of Martin ratio for LCTU, currently valued at 16.90, compared to the broader market0.0020.0040.0060.0080.00100.0016.904.04
LCTU
LCTD

The current LCTU Sharpe Ratio is 2.68, which is higher than the LCTD Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of LCTU and LCTD, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.68
0.88
LCTU
LCTD

Dividends

LCTU vs. LCTD - Dividend Comparison

LCTU's dividend yield for the trailing twelve months is around 1.24%, less than LCTD's 3.41% yield.


TTM202320222021
LCTU
BlackRock U.S. Carbon Transition Readiness ETF
1.24%1.46%1.62%2.20%
LCTD
BlackRock World ex U.S. Carbon Transition Readiness ETF
3.41%3.16%3.52%2.21%

Drawdowns

LCTU vs. LCTD - Drawdown Comparison

The maximum LCTU drawdown since its inception was -25.92%, smaller than the maximum LCTD drawdown of -29.82%. Use the drawdown chart below to compare losses from any high point for LCTU and LCTD. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.34%
-8.00%
LCTU
LCTD

Volatility

LCTU vs. LCTD - Volatility Comparison

BlackRock U.S. Carbon Transition Readiness ETF (LCTU) has a higher volatility of 4.05% compared to BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) at 3.61%. This indicates that LCTU's price experiences larger fluctuations and is considered to be riskier than LCTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.05%
3.61%
LCTU
LCTD