LCTU vs. SNPE

Last updated Aug 4, 2026

LCTU (BlackRock U.S. Carbon Transition Readiness ETF) and SNPE (Xtrackers S&P 500 ESG ETF) are both exchange-traded funds - LCTU is a ESG fund actively managed by BlackRock, while SNPE is a S&P 500 fund tracking the S&P 500 ESG Index. LCTU is actively managed, while SNPE is passively managed. Over the past 5 years, LCTU returned 11.69%/yr vs 13.88%/yr for SNPE. Their 0.98 correlation means they have historically moved very closely together. LCTU charges 0.15%/yr vs 0.10%/yr for SNPE.

Performance

LCTU vs. SNPE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and Xtrackers S&P 500 ESG ETF (SNPE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCTU achieves a 10.19% return, which is significantly lower than SNPE's 12.13% return.

LCTU

• 1D: 1.37%
• 1M: 1.37%
• 6M: 8.59%
• YTD: 10.19%
• 1Y: 21.22%
• 3Y*: 19.59%
• 5Y*: 11.69%
• 10Y*: —
• ALL TIME*: 12.68%

SNPE

• 1D: 1.59%
• 1M: 2.09%
• 6M: 9.48%
• YTD: 12.13%
• 1Y: 26.03%
• 3Y*: 20.79%
• 5Y*: 13.88%
• 10Y*: —
• ALL TIME*: 17.08%

*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)
LCTU BlackRock U.S. Carbon Transition Readiness ETF	$1.72M	$15.35M	$7.18M
SNPE Xtrackers S&P 500 ESG ETF	$16.62M	$14.18M	$17.15M

LCTU vs. SNPE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LCTU BlackRock U.S. Carbon Transition Readiness ETF	10.19%	16.96%	24.00%	25.38%	-20.02%	17.74%
SNPE Xtrackers S&P 500 ESG ETF	12.13%	18.56%	23.85%	27.79%	-17.67%	20.26%

Correlation

The correlation between LCTU and SNPE is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.95
Correlation (3Y) Balances recent behavior with more history.	0.97
Correlation (5Y) Shows whether the relationship held over a longer period.	0.98
Correlation (All Time) Calculated using the full available price history since Apr 8, 2021	0.98

The correlation between LCTU and SNPE has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.

LCTU vs. SNPE - Sectors Allocation Comparison

Sectors	LCTU	SNPE
Technology	37.2%	36.1%
Financial Services	11.8%	13.5%
Consumer Cyclical	10.0%	5.0%
Communication Services	9.3%	10.8%
Industrials	9.1%	8.1%
Healthcare	9.0%	11.8%
Consumer Defensive	4.4%	5.1%
Energy	2.9%	2.9%
Utilities	2.4%	2.2%
Real Estate	2.2%	2.4%
Basic Materials	1.8%	1.9%

Return for Risk

LCTU vs. SNPE — Risk / Return Rank

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

LCTU

LCTU Risk / Return Rank: 66
LCTU Sharpe Ratio Rank: 67
LCTU Sortino Ratio Rank: 66
LCTU Omega Ratio Rank: 65
LCTU Calmar Ratio Rank: 61
LCTU Martin Ratio Rank: 73

SNPE

SNPE Risk / Return Rank: 81
SNPE Sharpe Ratio Rank: 83
SNPE Sortino Ratio Rank: 83
SNPE Omega Ratio Rank: 81
SNPE Calmar Ratio Rank: 76
SNPE Martin Ratio Rank: 84

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.

LCTU vs. SNPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and Xtrackers S&P 500 ESG ETF (SNPE). 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	SNPE	Difference
Sharpe ratio: Return per unit of total volatility	1.64	1.99	-0.34
Sortino ratio: Return per unit of downside risk	2.29	2.80	-0.51
Omega ratio: Gain probability vs. loss probability	1.29	1.35	-0.06
Calmar ratio: Return relative to maximum drawdown	2.27	2.76	-0.49
Martin ratio: Return relative to average drawdown	9.58	12.05	-2.47

LCTU vs. SNPE - Sharpe Ratio Comparison

The current LCTU Sharpe Ratio is 1.64, which is comparable to the SNPE Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of LCTU and SNPE, 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

LCTU vs. SNPE - Drawdown Comparison

The maximum LCTU drawdown since its inception was -25.93%, smaller than the maximum SNPE drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for LCTU and SNPE.

Drawdown Indicators

	LCTU	SNPE	Difference
Max Drawdown Largest peak-to-trough decline	-25.93%	-33.37%	+7.44%
Max Drawdown (1Y) Largest decline over 1 year	-9.38%	-9.46%	+0.08%
Max Drawdown (3Y) Largest decline over 3 years	-19.83%	-19.15%	-0.68%
Max Drawdown (5Y) Largest decline over 5 years	-25.93%	-24.65%	-1.28%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.17%	-4.88%	-1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	2.17%	+0.05%

Volatility

LCTU vs. SNPE - Volatility Comparison

The current volatility for BlackRock U.S. Carbon Transition Readiness ETF (LCTU) is 3.55%, while Xtrackers S&P 500 ESG ETF (SNPE) has a volatility of 4.16%. This indicates that LCTU experiences smaller price fluctuations and is considered to be less risky than SNPE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCTU	SNPE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	4.16%	-0.61%
Volatility (6M) Calculated over the trailing 6-month period	10.24%	10.67%	-0.43%
Volatility (1Y) Calculated over the trailing 1-year period	12.99%	13.18%	-0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.24%	17.26%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.93%	19.59%	-2.66%

LCTU vs. SNPE - Expense Ratio Comparison

LCTU has a 0.15% expense ratio, which is higher than SNPE's 0.10% 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%.

Dividends

LCTU vs. SNPE - Dividend Comparison

LCTU's dividend yield for the trailing twelve months is around 0.95%, more than SNPE's 0.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
LCTU BlackRock U.S. Carbon Transition Readiness ETF	0.95%	1.02%	1.27%	1.46%	1.63%	2.20%	0.00%	0.00%
SNPE Xtrackers S&P 500 ESG ETF	0.94%	1.01%	1.17%	1.32%	1.65%	1.08%	1.42%	1.20%

Frequently Asked Questions

Can I hold both LCTU and SNPE in my portfolio?

With a correlation of 0.95, LCTU and SNPE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, LCTU or SNPE?

SNPE has higher volatility (4.16%) compared to LCTU (3.55%). In terms of maximum drawdown, LCTU dropped -25.93% vs SNPE's -33.37%.

Which ETF is better, LCTU or SNPE?

On 5-year performance, SNPE leads with 13.88% vs 11.69% for LCTU. On fees, SNPE is cheaper at 0.10% per year. On volatility, LCTU has been the lower-risk option at 3.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LCTU or SNPE?

Over the 5-year period, SNPE has performed better with a 13.88% return vs 11.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LCTU or SNPE?

SNPE is cheaper with a 0.10% expense ratio, compared with 0.15% for LCTU.

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

LCTU and SNPE have nearly identical dividend yields, around 0.95%.

What is the main difference between LCTU and SNPE?

LCTU is categorized as ESG, while SNPE is S&P 500. They also come from different issuers: BlackRock and Deutsche Bank. Their fees differ too: 0.15% for LCTU and 0.10% for SNPE.

Which has better risk-adjusted returns?

SNPE currently has the higher Sharpe Ratio (1.99 vs 1.64), 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.