LCTU vs. SPYG
Compare and contrast key facts about BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
LCTU and SPYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LCTU is an actively managed fund by Blackrock Financial Management. It was launched on Apr 6, 2021. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LCTU or SPYG.
Performance
LCTU vs. SPYG - Performance Comparison
Returns By Period
In the year-to-date period, LCTU achieves a 25.86% return, which is significantly lower than SPYG's 33.26% return.
LCTU
25.86%
3.49%
13.66%
32.97%
N/A
N/A
SPYG
33.26%
3.28%
14.10%
37.95%
17.60%
14.92%
Key characteristics
| LCTU | SPYG | |
|---|---|---|
| Sharpe Ratio | 2.68 | 2.23 |
| Sortino Ratio | 3.58 | 2.90 |
| Omega Ratio | 1.49 | 1.41 |
| Calmar Ratio | 3.77 | 2.85 |
| Martin Ratio | 16.90 | 11.80 |
| Ulcer Index | 1.95% | 3.22% |
| Daily Std Dev | 12.30% | 17.04% |
| Max Drawdown | -25.92% | -67.79% |
| Current Drawdown | -0.34% | -1.47% |
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LCTU vs. SPYG - Expense Ratio Comparison
LCTU has a 0.15% expense ratio, which is higher than SPYG's 0.04% 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 LCTU and SPYG is 0.95, 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. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
LCTU vs. SPYG - Dividend Comparison
LCTU's dividend yield for the trailing twelve months is around 1.24%, more than SPYG's 0.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCTU BlackRock U.S. Carbon Transition Readiness ETF | 1.24% | 1.46% | 1.62% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.65% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
LCTU vs. SPYG - Drawdown Comparison
The maximum LCTU drawdown since its inception was -25.92%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for LCTU and SPYG. For additional features, visit the drawdowns tool.
Volatility
LCTU vs. SPYG - Volatility Comparison
The current volatility for BlackRock U.S. Carbon Transition Readiness ETF (LCTU) is 4.05%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.30%. This indicates that LCTU experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.