LCTU

BlackRock U.S. Carbon Transition Readiness ETF

$73.19
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The BlackRock U.S. Carbon Transition Readiness ETF (LCTU) seeks to provide investment results that correspond generally to the performance of the BlackRock U.S. Carbon Transition Readiness Index, which is designed to measure the performance of U.S. companies that are well-positioned to benefit from the transition to a lower-carbon economy.

Overview

ETF tracking BlackRock U.S. Carbon Transition Readiness ETF

Category Other
Issuer Other
Inception Date 2021-04-08
Market Cap $1.4B
Average Volume N/A
Dividend Yield 1.00%
52-Week Range $53.69 - $74.96
VWAP $73.34

Performance

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Investment Summary

📎 Investment Objective

The BlackRock U.S. Carbon Transition Readiness ETF (LCTU) seeks to provide investment results that correspond generally to the performance of the BlackRock U.S. Carbon Transition Readiness Index, which is designed to measure the performance of U.S. companies that are well-positioned to benefit from the transition to a lower-carbon economy.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. equities that are selected based on their readiness to adapt to a lower-carbon economy. The index methodology evaluates companies on factors such as carbon emissions, energy efficiency, and exposure to clean energy technologies.

✨ Key Features

  • Focuses on U.S. companies positioned for the transition to a lower-carbon economy
  • Utilizes a rules-based index methodology to identify 'transition-ready' companies
  • Aims to provide exposure to the potential growth opportunities in the shift towards sustainability
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Equity market risk: The value of the fund's holdings may decline due to general market and economic conditions
  • Sector concentration risk: The fund's performance may be more volatile due to its focus on the transition to a lower-carbon economy
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index
  • Limited performance history: As a new fund, there is limited data on long-term returns and volatility

👤 Best For

This ETF may be suitable for investors seeking exposure to companies that are well-positioned to benefit from the transition to a lower-carbon economy, as part of a diversified investment portfolio. Investors should have a long-term investment horizon and be comfortable with the risks associated with investing in the equity market and sector-specific funds.