LCTU vs. VONG

Last updated Aug 2, 2026

LCTU (BlackRock U.S. Carbon Transition Readiness ETF) and VONG (Vanguard Russell 1000 Growth ETF) are both exchange-traded funds - LCTU is a ESG fund actively managed by BlackRock, while VONG is a Large Cap Growth Equities fund tracking the Russell 1000 Growth Index. LCTU is actively managed, while VONG is passively managed. Over the past 5 years, LCTU returned 11.42%/yr vs 11.83%/yr for VONG. Their correlation of 0.93 means they have usually moved in the same direction. LCTU charges 0.15%/yr vs 0.06%/yr for VONG.

Performance

LCTU vs. VONG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and Vanguard Russell 1000 Growth ETF (VONG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCTU achieves a 8.70% return, which is significantly higher than VONG's 0.39% return.

LCTU

• 1D: 0.50%
• 1M: 0.00%
• 6M: 7.81%
• YTD: 8.70%
• 1Y: 19.58%
• 3Y*: 18.15%
• 5Y*: 11.42%
• 10Y*: —
• ALL TIME*: 12.41%

VONG

• 1D: 0.84%
• 1M: -2.27%
• 6M: 1.82%
• YTD: 0.39%
• 1Y: 10.18%
• 3Y*: 19.33%
• 5Y*: 11.83%
• 10Y*: 17.43%
• ALL TIME*: 16.45%

*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	$1.76M	$15.41M	$7.11M
VONG Vanguard Russell 1000 Growth ETF	$121.41M	$148.04M	$174.70M

LCTU vs. VONG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LCTU BlackRock U.S. Carbon Transition Readiness ETF	8.70%	16.96%	24.00%	25.38%	-20.02%	17.74%
VONG Vanguard Russell 1000 Growth ETF	0.39%	18.45%	33.20%	42.67%	-29.18%	21.91%

Correlation

The correlation between LCTU and VONG is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (All Time) Calculated using the full available price history since Apr 8, 2021	0.93

The correlation between LCTU and VONG has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

LCTU vs. VONG - Sectors Allocation Comparison

Sectors	LCTU	VONG
Technology	37.2%	54.3%
Financial Services	11.8%	4.2%
Consumer Cyclical	10.0%	8.4%
Communication Services	9.3%	16.2%
Industrials	9.1%	9.0%
Healthcare	9.0%	5.4%
Consumer Defensive	4.4%	1.2%
Energy	2.9%	0.5%
Utilities	2.4%	0.3%
Real Estate	2.2%	0.4%
Basic Materials	1.8%	0.3%

Return for Risk

LCTU vs. VONG — Risk / Return Rank

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

LCTU

LCTU Risk / Return Rank: 57
LCTU Sharpe Ratio Rank: 57
LCTU Sortino Ratio Rank: 55
LCTU Omega Ratio Rank: 54
LCTU Calmar Ratio Rank: 53
LCTU Martin Ratio Rank: 66

VONG

VONG Risk / Return Rank: 21
VONG Sharpe Ratio Rank: 22
VONG Sortino Ratio Rank: 21
VONG Omega Ratio Rank: 21
VONG Calmar Ratio Rank: 20
VONG Martin Ratio Rank: 22

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. VONG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and Vanguard Russell 1000 Growth ETF (VONG). 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	VONG	Difference
Sharpe ratio: Return per unit of total volatility	1.36	0.46	+0.90
Sortino ratio: Return per unit of downside risk	1.91	0.75	+1.16
Omega ratio: Gain probability vs. loss probability	1.24	1.09	+0.15
Calmar ratio: Return relative to maximum drawdown	1.88	0.50	+1.39
Martin ratio: Return relative to average drawdown	7.95	1.48	+6.46

LCTU vs. VONG - Sharpe Ratio Comparison

The current LCTU Sharpe Ratio is 1.36, which is higher than the VONG Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of LCTU and VONG, 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. VONG - Drawdown Comparison

The maximum LCTU drawdown since its inception was -25.93%, smaller than the maximum VONG drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for LCTU and VONG.

Drawdown Indicators

	LCTU	VONG	Difference
Max Drawdown Largest peak-to-trough decline	-25.93%	-32.72%	+6.79%
Max Drawdown (1Y) Largest decline over 1 year	-9.38%	-16.23%	+6.85%
Max Drawdown (3Y) Largest decline over 3 years	-19.83%	-23.27%	+3.44%
Max Drawdown (5Y) Largest decline over 5 years	-25.93%	-32.72%	+6.79%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.72%	—
Current Drawdown Current decline from peak	-1.26%	-7.89%	+6.63%
Average Drawdown Average peak-to-trough decline	-6.17%	-4.89%	-1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	5.42%	-3.20%

Volatility

LCTU vs. VONG - Volatility Comparison

The current volatility for BlackRock U.S. Carbon Transition Readiness ETF (LCTU) is 3.28%, while Vanguard Russell 1000 Growth ETF (VONG) has a volatility of 6.45%. This indicates that LCTU experiences smaller price fluctuations and is considered to be less risky than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCTU	VONG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	6.45%	-3.17%
Volatility (6M) Calculated over the trailing 6-month period	10.17%	14.00%	-3.83%
Volatility (1Y) Calculated over the trailing 1-year period	13.02%	17.45%	-4.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.22%	21.64%	-4.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.92%	21.01%	-4.09%

LCTU vs. VONG - Expense Ratio Comparison

LCTU has a 0.15% expense ratio, which is higher than VONG's 0.06% 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. VONG - Dividend Comparison

LCTU's dividend yield for the trailing twelve months is around 0.96%, more than VONG's 0.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LCTU BlackRock U.S. Carbon Transition Readiness ETF	0.96%	1.02%	1.27%	1.46%	1.63%	2.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VONG Vanguard Russell 1000 Growth ETF	0.48%	0.45%	0.55%	0.71%	0.98%	0.58%	0.77%	1.03%	1.18%	1.19%	1.48%	1.47%

Frequently Asked Questions

Can I hold both LCTU and VONG in my portfolio?

With a correlation of 0.91, LCTU and VONG 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 VONG?

VONG has higher volatility (6.45%) compared to LCTU (3.28%). In terms of maximum drawdown, LCTU dropped -25.93% vs VONG's -32.72%.

Which ETF is better, LCTU or VONG?

On 5-year performance, VONG leads with 11.83% vs 11.42% for LCTU. On fees, VONG is cheaper at 0.06% per year. On volatility, LCTU has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LCTU or VONG?

Over the 5-year period, VONG has performed better with a 11.83% return vs 11.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LCTU or VONG?

VONG is cheaper with a 0.06% expense ratio, compared with 0.15% for LCTU.

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

LCTU has the higher dividend yield at 0.96%, compared with 0.48% for VONG.

What is the main difference between LCTU and VONG?

LCTU is categorized as ESG, while VONG is Large Cap Growth Equities. They also come from different issuers: BlackRock and Vanguard. Their fees differ too: 0.15% for LCTU and 0.06% for VONG.

Which has better risk-adjusted returns?

LCTU currently has the higher Sharpe Ratio (1.36 vs 0.46), 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.