Key stats
About BlackRock U.S. Carbon Transition Readiness ETF
Expense ratio
0.14%
Home page
Inception date
Apr 6, 2021
ISIN
US09290C5094
LCTU gears towards low-carbon economy while trying to outperform its benchmark, the Russell 1000 Index a broad equity index of the 1,000 largest US firms. To select securities from the Russell 1000, the fund uses proprietary scoring criteria to assess the readiness of companies for a low-carbon economy transition, relative to their industry peers. The transition readiness score includes five segments: Fossil Fuels, Clean Technology, Energy Management, Waste Management and Water Management. LCTU overweights high-scoring firms while mitigating risk. In addition to this strategy, firms may also be evaluated for good governance. Despite the low-carbon footprint bias, the fund adviser may still opt to invest in Russell 1000 securities that could be considered outside of green economy investing.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region