LCTU vs. WOMN

Last updated Jun 25, 2026

LCTU (BlackRock U.S. Carbon Transition Readiness ETF) and WOMN (Impact Shares YWCA Women’s Empowerment ETF) are both exchange-traded funds - LCTU is a ESG fund actively managed by BlackRock, while WOMN is a Large Cap Growth Equities fund tracking the Morningstar Women’s Empowerment Index. LCTU is actively managed, while WOMN is passively managed. Over the past 5 years, LCTU returned 11.54%/yr vs 7.87%/yr for WOMN. Their correlation of 0.92 suggests significant overlap in exposure. LCTU charges 0.15%/yr vs 0.75%/yr for WOMN.

Performance

LCTU vs. WOMN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and Impact Shares YWCA Women’s Empowerment ETF (WOMN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCTU achieves a 6.58% return, which is significantly higher than WOMN's 2.25% return.

LCTU

• 1D: -0.13%
• 1M: -0.89%
• YTD: 6.58%
• 6M: 5.24%
• 1Y: 20.43%
• 3Y*: 19.60%
• 5Y*: 11.54%
• 10Y*: —

WOMN

• 1D: 0.03%
• 1M: -1.31%
• YTD: 2.25%
• 6M: 1.27%
• 1Y: 8.77%
• 3Y*: 13.37%
• 5Y*: 7.87%
• 10Y*: —

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

LCTU vs. WOMN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LCTU BlackRock U.S. Carbon Transition Readiness ETF	6.58%	16.96%	24.00%	25.38%	-20.02%	17.74%
WOMN Impact Shares YWCA Women’s Empowerment ETF	2.25%	8.62%	16.95%	28.19%	-20.61%	16.51%

Correlation

The correlation between LCTU and WOMN is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Apr 8, 2021	0.92

The correlation between LCTU and WOMN shifts across timeframes, from 0.82 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.

LCTU vs. WOMN - Sectors Allocation Comparison

Sectors	LCTU	WOMN
Technology	37.8%	32.2%
Financial Services	11.3%	14.2%
Consumer Cyclical	10.3%	7.9%
Communication Services	9.9%	9.4%
Healthcare	8.6%	11.0%
Industrials	8.3%	7.3%
Consumer Defensive	4.5%	6.8%
Energy	3.0%	5.6%
Utilities	2.3%	1.8%
Real Estate	2.2%	2.0%
Basic Materials	1.9%	1.8%

Return for Risk

LCTU vs. WOMN — Risk / Return Rank

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

LCTU

LCTU Risk / Return Rank: 53
LCTU Sharpe Ratio Rank: 52
LCTU Sortino Ratio Rank: 52
LCTU Omega Ratio Rank: 51
LCTU Calmar Ratio Rank: 50
LCTU Martin Ratio Rank: 60

WOMN

WOMN Risk / Return Rank: 25
WOMN Sharpe Ratio Rank: 25
WOMN Sortino Ratio Rank: 24
WOMN Omega Ratio Rank: 22
WOMN Calmar Ratio Rank: 25
WOMN Martin Ratio Rank: 31

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. WOMN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and Impact Shares YWCA Women’s Empowerment ETF (WOMN). 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	WOMN	Difference
Sharpe ratio: Return per unit of total volatility	1.61	0.81	+0.80
Sortino ratio: Return per unit of downside risk	2.23	1.21	+1.02
Omega ratio: Gain probability vs. loss probability	1.29	1.15	+0.14
Calmar ratio: Return relative to maximum drawdown	2.19	1.13	+1.06
Martin ratio: Return relative to average drawdown	9.41	4.08	+5.33

LCTU vs. WOMN - Sharpe Ratio Comparison

The current LCTU Sharpe Ratio is 1.61, which is higher than the WOMN Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of LCTU and WOMN, 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. WOMN - Drawdown Comparison

The maximum LCTU drawdown since its inception was -25.93%, smaller than the maximum WOMN drawdown of -32.23%. Use the drawdown chart below to compare losses from any high point for LCTU and WOMN.

Drawdown Indicators

	LCTU	WOMN	Difference
Max Drawdown Largest peak-to-trough decline	-25.93%	-32.23%	+6.30%
Max Drawdown (1Y) Largest decline over 1 year	-9.38%	-7.80%	-1.58%
Max Drawdown (3Y) Largest decline over 3 years	-19.83%	-17.34%	-2.49%
Max Drawdown (5Y) Largest decline over 5 years	-25.93%	-25.80%	-0.13%
Current Drawdown Current decline from peak	-2.98%	-2.53%	-0.45%
Average Drawdown Average peak-to-trough decline	-6.27%	-5.50%	-0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	2.15%	+0.03%

Volatility

LCTU vs. WOMN - Volatility Comparison

BlackRock U.S. Carbon Transition Readiness ETF (LCTU) has a higher volatility of 4.57% compared to Impact Shares YWCA Women’s Empowerment ETF (WOMN) at 3.13%. This indicates that LCTU's price experiences larger fluctuations and is considered to be riskier than WOMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCTU	WOMN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	3.13%	+1.44%
Volatility (6M) Calculated over the trailing 6-month period	10.08%	8.01%	+2.07%
Volatility (1Y) Calculated over the trailing 1-year period	12.79%	10.87%	+1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.23%	16.19%	+1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.03%	18.65%	-1.62%

LCTU vs. WOMN - Expense Ratio Comparison

LCTU has a 0.15% expense ratio, which is lower than WOMN's 0.75% expense ratio.

Dividends

LCTU vs. WOMN - Dividend Comparison

LCTU's dividend yield for the trailing twelve months is around 0.98%, more than WOMN's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
LCTU BlackRock U.S. Carbon Transition Readiness ETF	0.98%	1.02%	1.27%	1.46%	1.63%	2.20%	0.00%	0.00%	0.00%
WOMN Impact Shares YWCA Women’s Empowerment ETF	0.80%	0.76%	1.08%	1.80%	5.59%	3.10%	6.15%	1.12%	0.90%

Frequently Asked Questions

Can I hold both LCTU and WOMN in my portfolio?

LCTU and WOMN have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LCTU or WOMN?

LCTU has higher volatility (4.57%) compared to WOMN (3.13%). In terms of maximum drawdown, LCTU dropped -25.93% vs WOMN's -32.23%.

Which ETF is better, LCTU or WOMN?

On 5-year performance, LCTU leads with 11.54% vs 7.87% for WOMN. On fees, LCTU is cheaper at 0.15% per year. On volatility, WOMN has been the lower-risk option at 3.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LCTU or WOMN?

Over the 5-year period, LCTU has performed better with a 11.54% return vs 7.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LCTU or WOMN?

LCTU is cheaper with a 0.15% expense ratio, compared with 0.75% for WOMN.

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

LCTU has the higher dividend yield at 0.98%, compared with 0.80% for WOMN.

What is the main difference between LCTU and WOMN?

LCTU is categorized as ESG, while WOMN is Large Cap Growth Equities. They also come from different issuers: BlackRock and Impact Shares. Their fees differ too: 0.15% for LCTU and 0.75% for WOMN.

Which has better risk-adjusted returns?

LCTU currently has the higher Sharpe Ratio (1.61 vs 0.81), 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.