LCTU vs. YLDE
LCTU (BlackRock U.S. Carbon Transition Readiness ETF) and YLDE (ClearBridge Dividend Strategy ESG ETF) are both exchange-traded funds - LCTU is a ESG fund actively managed by BlackRock, while YLDE is a Dividend fund actively managed by Franklin Templeton. Both are actively managed. Over the past 5 years, LCTU returned 12.37%/yr vs 9.54%/yr for YLDE. Their correlation of 0.80 suggests significant overlap in exposure. LCTU charges 0.15%/yr vs 0.60%/yr for YLDE.
Performance
LCTU vs. YLDE - Performance Comparison
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Returns By Period
In the year-to-date period, LCTU achieves a 9.04% return, which is significantly higher than YLDE's 4.09% return.
LCTU
- 1D
- -0.74%
- 1M
- 5.23%
- YTD
- 9.04%
- 6M
- 9.21%
- 1Y
- 25.72%
- 3Y*
- 21.17%
- 5Y*
- 12.37%
- 10Y*
- —
YLDE
- 1D
- -0.32%
- 1M
- 0.13%
- YTD
- 4.09%
- 6M
- 5.06%
- 1Y
- 13.89%
- 3Y*
- 14.60%
- 5Y*
- 9.54%
- 10Y*
- —
LCTU vs. YLDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LCTU BlackRock U.S. Carbon Transition Readiness ETF | 9.04% | 16.96% | 24.00% | 25.38% | -20.02% | 17.49% |
YLDE ClearBridge Dividend Strategy ESG ETF | 4.09% | 13.09% | 16.44% | 15.69% | -8.56% | 14.57% |
Correlation
The correlation between LCTU and YLDE is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2021 | 0.80 |
The correlation between LCTU and YLDE shifts across timeframes, from 0.63 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
LCTU vs. YLDE — Risk / Return Rank
LCTU
YLDE
LCTU vs. YLDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock U.S. Carbon Transition Readiness ETF (LCTU) and ClearBridge Dividend Strategy ESG ETF (YLDE). 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.
| LCTU | YLDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.26 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 1.84 | +0.92 |
| Martin ratioReturn relative to average drawdown | 12.25 | 6.84 | +5.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LCTU | YLDE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 1.50 | +0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.71 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.75 | +0.01 |
Drawdowns
LCTU vs. YLDE - Drawdown Comparison
The maximum LCTU drawdown since its inception was -25.93%, smaller than the maximum YLDE drawdown of -33.23%. Use the drawdown chart below to compare losses from any high point for LCTU and YLDE.
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Drawdown Indicators
| LCTU | YLDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.93% | -33.23% | +7.30% |
Max Drawdown (1Y)Largest decline over 1 year | -9.38% | -7.59% | -1.79% |
Max Drawdown (3Y)Largest decline over 3 years | -19.83% | -11.42% | -8.41% |
Max Drawdown (5Y)Largest decline over 5 years | -25.93% | -20.22% | -5.71% |
Current DrawdownCurrent decline from peak | -0.74% | -2.54% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -6.32% | -3.55% | -2.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 2.03% | +0.08% |
Volatility
LCTU vs. YLDE - Volatility Comparison
BlackRock U.S. Carbon Transition Readiness ETF (LCTU) has a higher volatility of 3.04% compared to ClearBridge Dividend Strategy ESG ETF (YLDE) at 1.81%. This indicates that LCTU's price experiences larger fluctuations and is considered to be riskier than YLDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LCTU | YLDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 1.81% | +1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.36% | 6.74% | +2.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.30% | 9.31% | +2.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.15% | 13.50% | +3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.02% | 15.76% | +1.26% |
LCTU vs. YLDE - Expense Ratio Comparison
LCTU has a 0.15% expense ratio, which is lower than YLDE's 0.60% expense ratio.
Dividends
LCTU vs. YLDE - Dividend Comparison
LCTU's dividend yield for the trailing twelve months is around 0.93%, less than YLDE's 7.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
LCTU BlackRock U.S. Carbon Transition Readiness ETF | 0.93% | 1.02% | 1.27% | 1.46% | 1.63% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% |
YLDE ClearBridge Dividend Strategy ESG ETF | 7.04% | 5.68% | 1.69% | 1.64% | 1.68% | 1.15% | 1.46% | 1.65% | 2.25% | 1.31% |
Frequently Asked Questions
LCTU and YLDE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LCTU has higher volatility (3.04%) compared to YLDE (1.81%). In terms of maximum drawdown, LCTU dropped -25.93% vs YLDE's -33.23%.
On 5-year performance, LCTU leads with 12.37% vs 9.54% for YLDE. On fees, LCTU is cheaper at 0.15% per year. On volatility, YLDE has been the lower-risk option at 1.81%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, LCTU has performed better with a 12.37% return vs 9.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LCTU is cheaper with a 0.15% expense ratio, compared with 0.60% for YLDE.
YLDE has the higher dividend yield at 7.04%, compared with 0.93% for LCTU.
LCTU is categorized as ESG, while YLDE is Dividend. They also come from different issuers: BlackRock and Franklin Templeton. Their fees differ too: 0.15% for LCTU and 0.60% for YLDE.
LCTU currently has the higher Sharpe Ratio (2.10 vs 1.50), 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.
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