LPWRX vs. ECAT

Last updated Apr 1, 2026

Compare and contrast key facts about BlackRock LifePath Dynamic 2065 Fund (LPWRX) and BlackRock ESG Capital Allocation Term Trust (ECAT).

LPWRX is managed by BlackRock. It was launched on Oct 29, 2019. ECAT is managed by BlackRock. It was launched on Sep 28, 2021.

Performance

LPWRX vs. ECAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath Dynamic 2065 Fund (LPWRX) and BlackRock ESG Capital Allocation Term Trust (ECAT). The values are adjusted to include any dividend payments, if applicable.

LPWRX vs. ECAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LPWRX BlackRock LifePath Dynamic 2065 Fund	-4.46%	20.43%	8.99%	22.14%	-18.94%	5.70%
ECAT BlackRock ESG Capital Allocation Term Trust	-6.71%	16.64%	19.96%	32.36%	-21.90%	-6.25%

Returns By Period

In the year-to-date period, LPWRX achieves a -4.46% return, which is significantly higher than ECAT's -6.71% return.

LPWRX

• 1D: -0.27%
• 1M: -9.45%
• YTD: -4.46%
• 6M: -2.11%
• 1Y: 16.58%
• 3Y*: 12.64%
• 5Y*: 6.79%
• 10Y*: —

ECAT

• 1D: 1.49%
• 1M: -8.56%
• YTD: -6.71%
• 6M: -7.80%
• 1Y: 7.03%
• 3Y*: 13.21%
• 5Y*: —
• 10Y*: —

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

LPWRX vs. ECAT - Expense Ratio Comparison

LPWRX has a 0.93% expense ratio, which is lower than ECAT's 1.38% expense ratio.

ECAT

BlackRock ESG Capital Allocation Term Trust

LPWRX

BlackRock LifePath Dynamic 2065 Fund

Return for Risk

LPWRX vs. ECAT — Risk / Return Rank

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

LPWRX

LPWRX Risk / Return Rank: 48
LPWRX Sharpe Ratio Rank: 43
LPWRX Sortino Ratio Rank: 46
LPWRX Omega Ratio Rank: 47
LPWRX Calmar Ratio Rank: 47
LPWRX Martin Ratio Rank: 57

ECAT

ECAT Risk / Return Rank: 16
ECAT Sharpe Ratio Rank: 17
ECAT Sortino Ratio Rank: 16
ECAT Omega Ratio Rank: 16
ECAT Calmar Ratio Rank: 16
ECAT Martin Ratio Rank: 17

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.

LPWRX vs. ECAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Dynamic 2065 Fund (LPWRX) and BlackRock ESG Capital Allocation Term Trust (ECAT). 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.

	LPWRX	ECAT	Difference
Sharpe ratio Return per unit of total volatility	0.91	0.42	+0.49
Sortino ratio Return per unit of downside risk	1.38	0.68	+0.70
Omega ratio Gain probability vs. loss probability	1.20	1.09	+0.11
Calmar ratio Return relative to maximum drawdown	1.20	0.47	+0.73
Martin ratio Return relative to average drawdown	5.56	1.75	+3.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LPWRX vs. ECAT - Sharpe Ratio Comparison

The current LPWRX Sharpe Ratio is 0.91, which is higher than the ECAT Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of LPWRX and ECAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LPWRX	ECAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	0.42	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.32	+0.17

Correlation

The correlation between LPWRX and ECAT is 0.71, 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.

Dividends

LPWRX vs. ECAT - Dividend Comparison

LPWRX's dividend yield for the trailing twelve months is around 2.37%, less than ECAT's 25.39% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
LPWRX BlackRock LifePath Dynamic 2065 Fund	2.37%	2.26%	1.00%	2.07%	2.35%	9.34%	1.00%	0.55%
ECAT BlackRock ESG Capital Allocation Term Trust	25.39%	23.00%	17.44%	9.14%	8.94%	0.54%	0.00%	0.00%

Drawdowns

LPWRX vs. ECAT - Drawdown Comparison

The maximum LPWRX drawdown since its inception was -33.27%, roughly equal to the maximum ECAT drawdown of -32.23%. Use the drawdown chart below to compare losses from any high point for LPWRX and ECAT.

Drawdown Indicators

	LPWRX	ECAT	Difference
Max Drawdown Largest peak-to-trough decline	-33.27%	-32.23%	-1.04%
Max Drawdown (1Y) Largest decline over 1 year	-12.27%	-12.90%	+0.63%
Max Drawdown (5Y) Largest decline over 5 years	-27.28%	—	—
Current Drawdown Current decline from peak	-10.07%	-10.48%	+0.41%
Average Drawdown Average peak-to-trough decline	-6.58%	-9.41%	+2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	3.49%	-0.85%

Volatility

LPWRX vs. ECAT - Volatility Comparison

BlackRock LifePath Dynamic 2065 Fund (LPWRX) and BlackRock ESG Capital Allocation Term Trust (ECAT) have volatilities of 6.21% and 5.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LPWRX	ECAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	5.97%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	10.76%	10.34%	+0.42%
Volatility (1Y) Calculated over the trailing 1-year period	18.65%	16.97%	+1.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.80%	16.95%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.62%	16.95%	+1.67%