PCLN vs. LCTU

Last updated Jul 4, 2026

PCLN (Pictet Cleaner Planet ETF) and LCTU (BlackRock U.S. Carbon Transition Readiness ETF) are both exchange-traded funds - PCLN is a Sustainable fund actively managed by Pictet, while LCTU is a ESG fund actively managed by BlackRock. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. PCLN charges 0.70%/yr vs 0.15%/yr for LCTU.

Performance

PCLN vs. LCTU - Performance Comparison

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

Returns By Period

In the year-to-date period, PCLN achieves a 27.02% return, which is significantly higher than LCTU's 8.71% return.

PCLN

• 1D: -2.28%
• 1M: -3.04%
• 6M: 24.66%
• YTD: 27.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LCTU

• 1D: -0.01%
• 1M: -0.30%
• 6M: 8.63%
• YTD: 8.71%
• 1Y: 18.92%
• 3Y*: 19.41%
• 5Y*: 11.66%
• 10Y*: —

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

PCLN vs. LCTU - Yearly Performance Comparison

	2026 (YTD)	2025
PCLN Pictet Cleaner Planet ETF	27.02%	-1.27%
LCTU BlackRock U.S. Carbon Transition Readiness ETF	8.71%	2.55%

Correlation

The correlation between PCLN and LCTU is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025	0.81

Return for Risk

PCLN vs. LCTU — Risk / Return Rank

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

PCLN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

LCTU

LCTU Risk / Return Rank: 56
LCTU Sharpe Ratio Rank: 56
LCTU Sortino Ratio Rank: 54
LCTU Omega Ratio Rank: 55
LCTU Calmar Ratio Rank: 52
LCTU Martin Ratio Rank: 62

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.

PCLN vs. LCTU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pictet Cleaner Planet ETF (PCLN) and BlackRock U.S. Carbon Transition Readiness ETF (LCTU). 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.

	PCLN	LCTU	Difference
Sharpe ratio: Return per unit of total volatility	—	1.57	—
Sortino ratio: Return per unit of downside risk	—	2.19	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	2.14	—
Martin ratio: Return relative to average drawdown	—	9.12	—

Drawdowns

PCLN vs. LCTU - Drawdown Comparison

The maximum PCLN drawdown since its inception was -12.34%, smaller than the maximum LCTU drawdown of -25.93%. Use the drawdown chart below to compare losses from any high point for PCLN and LCTU.

Drawdown Indicators

	PCLN	LCTU	Difference
Max Drawdown Largest peak-to-trough decline	-12.34%	-25.93%	+13.59%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.93%	—
Current Drawdown Current decline from peak	-5.48%	-1.04%	-4.44%
Average Drawdown Average peak-to-trough decline	-2.60%	-6.25%	+3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.20%	—

Volatility

Volatility by Period

	PCLN	LCTU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.64%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.33%	12.76%	+11.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.33%	17.23%	+7.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.33%	17.00%	+7.33%

PCLN vs. LCTU - Expense Ratio Comparison

PCLN has a 0.70% expense ratio, which is higher than LCTU's 0.15% expense ratio.

Dividends

PCLN vs. LCTU - Dividend Comparison

PCLN's dividend yield for the trailing twelve months is around 0.06%, less than LCTU's 0.96% yield.

Position	TTM	2025	2024	2023	2022	2021
LCTU BlackRock U.S. Carbon Transition Readiness ETF	0.96%	1.02%	1.27%	1.46%	1.63%	2.20%
PCLN Pictet Cleaner Planet ETF	0.06%	0.08%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PCLN and LCTU in my portfolio?

PCLN and LCTU have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PCLN or LCTU?

On fees, LCTU is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PCLN or LCTU?

LCTU is cheaper with a 0.15% expense ratio, compared with 0.70% for PCLN.

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

LCTU has the higher dividend yield at 0.96%, compared with 0.06% for PCLN.

What is the main difference between PCLN and LCTU?

PCLN is categorized as Sustainable, while LCTU is ESG. They also come from different issuers: Pictet and BlackRock. Their fees differ too: 0.70% for PCLN and 0.15% for LCTU.