(LCTD) BlackRock World ex U.S. - Ratings and Ratios

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is designed to outperform the MSCI World ex USA Index while optimizing for low carbon emission and transition readiness scores, based on proprietary research by BlackRocks BFA. The fund achieves this by selecting securities that are components of the underlying index, which tracks large- and mid-cap stocks in developed markets outside the U.S.

To evaluate the funds performance, key metrics to consider include its tracking error relative to the MSCI World ex USA Index, its carbon footprint reduction compared to the benchmark, and its overall return on investment (ROI). Additionally, the funds expense ratio, trading volume, and bid-ask spread are important KPIs to assess its operational efficiency and liquidity. With an AUM of $236.83M, the fund has a moderate size, which may impact its ability to achieve economies of scale and potentially influence its expense ratio.

From a portfolio composition perspective, its essential to analyze the funds sector allocation, geographic distribution, and market capitalization to ensure it aligns with the investors overall strategy and risk tolerance. The funds optimization for low carbon emission and transition readiness scores may result in a tilt towards companies with more sustainable business practices, potentially impacting its sector allocation and overall performance.

To further evaluate LCTDs potential, its crucial to compare its performance and characteristics to those of its peers in the Foreign Large Blend ETF category, as well as to assess its consistency in achieving its investment objective over various market cycles.