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Launched

iShares World ex U.S. Carbon Transition Readiness Aware Active ETF

LCTDNYSE ArcaiSharesB

$58.35+0.29 (+0.50%)

As of Nov 2, 2026, 3:59 PM ET

B59/ 100

Rank 9 of 18 in International ESG & Values Index

B59/100Rank 9 of 18inInternational ESG & Values Index
Intraday session: up, 73 prints from 58.06 to 58.35. Range 58.06 to 58.77. Use the arrow keys to read each point.58.2058.6058.8010 AM12 PM2 PM4 PM
Expense ratio
0.22%*
Fund size
$318M
1Y total return
+11.3%
Yield · Last 12 months
3.36%
Holdings
352
Avg volume · 30D
15K sh
52W range
low $51.92high $60.77
Launched

*After a fee waiver that ends Jun 30, 2027. Without it: 0.37%.

The ETF.net LCTD Grade

Based on 5 of 6 pillars

B

Score 59 out of 100

Category
International ESG & Values Index⁠
Rank
9 of 18
Six-pillar profile for LCTD. Scores out of 100: Cost 59, Risk 59, Mission not scored, Tradability 59, Holdings 66, Durability 49. Strongest: Holdings (66). Weakest: Durability (49). Based on 5 of 6 pillars.

Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B59 out of 100
    Rank 8 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B59 out of 100
    Rank 7 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B59 out of 100
    Rank 7 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B66 out of 100
    Rank 8 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 11 of 18

Our read on LCTD

ETF.net Research

In short

BInstead of banning fossil fuels, LCTD stays inside the MSCI World ex USA universe and tilts toward the companies BlackRock scores as readiest for the low-carbon shift. 0.22% net of a waiver through June 30, 2027.

Stated mandate

The Fund seeks to outperform the MSCI World ex USA Index before expenses by applying BlackRock's proprietary Low Carbon Economy Transition Readiness score criteria.

Why people hold it

  • Not a purity screen. It buys index members and over- or underweights each against industry peers, targeting a readiness score at least 10% better than the index at purchase.sec.gov
  • The climate tilt sits on market-shaped risk: the prospectus has it matching the risk profile of MSCI World ex USA, spread across roughly 300 developed-market stocks outside the US.sec.gov
  • Active stock-picking at 0.22% net of a waiver through June 30, 2027 (0.37% gross), a fee that lands near the median of its international sustainable-equity peers.
  • One of BlackRock's two 2021 carbon-transition launches, and the one that looks outside the US. Live since April 2021, with a few hundred million dollars behind it.blackrock.com

Worth knowing

  • Index rivals cost less: VSGX at 0.10%, DMXF at 0.12% and FEDM at 0.12% net of a waiver through March 1, 2027. LCTD's own waiver runs to June 30, 2027; gross is 0.37%.
  • Thinly traded, so spreads can run wider than the big index names in the category and larger orders meet less depth on screen.
  • Everything hinges on BlackRock's proprietary score. The 10% readiness uplift is measured at the time of investment and can drift with markets and data changes.sec.gov

LCTD Performance

Launched Apr 6, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
LCTD$11,127
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. LCTD $11,127. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for LCTD. Periods over one year show the average yearly return.
PeriodLCTD
Year to date+8.0%
1 month+0.2%
3 months−1.1%
1 year+11.3%
3 yearsper year+18.5%
5 yearsper year+7.2%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for LCTD
YearReturn barLCTD
2026 YTD+8.0%
2025+30.4%
2024+3.2%
2023+17.1%
2022−16.2%
2021+4.4%

History from Apr 8, 2021

LCTD in the news

LCTD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
3.36%Last 12 months
Payout per share
$1.95Last 12 months
Last payment
$0.96 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2021–2026

One bar per payment. 11 payments from 2021 to 2026 YTD. Jun 10, 2021 $0.31; Dec 13, 2021 $0.74; Jun 9, 2022 $0.77; Dec 13, 2022 $0.59; Jun 7, 2023 $0.73; Dec 20, 2023 $0.65; Jun 11, 2024 $0.89; Dec 17, 2024 $0.74; Jun 16, 2025 $0.98; Dec 16, 2025 $1.00; Jun 15, 2026 $0.96. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.96
Dec 16, 2025Dec 19, 2025$1.00
Jun 16, 2025Jun 20, 2025$0.98
Dec 17, 2024Dec 20, 2024$0.74
Jun 11, 2024Jun 17, 2024$0.89
Dec 20, 2023Dec 27, 2023$0.65
Jun 7, 2023Jun 13, 2023$0.73
Dec 13, 2022Dec 19, 2022$0.59
Jun 9, 2022Jun 15, 2022$0.77
Dec 13, 2021Dec 17, 2021$0.74
Jun 10, 2021Jun 16, 2021$0.31

$10,000 in LCTD 5 years ago paid $1,629 in dividends.

LCTD Risk

Risk pillarB59 out of 100Rank 7 of 18 in International ESG & Values Index
How much the fund’s monthly returns vary, scaled to a year.
11.7%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.14
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−29.7%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.80
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

LCTD Cost

Compare LCTD and VSGX

Overpaying vs VSGX, cheapest in International ESG & Values Index

$2,452

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • LCTD 0.22%

    $4,558

  • VSGX 0.10% Cheapest

    $2,106

$10,000
30 years

Cost over time

  • LCTD 0.22%
  • VSGX 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530LCTD $4,558VSGX $2,106

Year by year

YearLCTDVSGXOverpaying
10$401$183$218
20$1,561$717$844
30$4,558$2,106$2,452
How the 0.22% is worked out

Full fee 0.37%− waiver 0.15%= you pay 0.22%

The waiver ends Jun 30, 2027. After that the fee is 0.37% unless iShares renews it. Source: prospectus, May 2026.

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