BlackRock U.S. Carbon Transition Readiness ETF

Shareclass
BlackRock US Carbon Transition Rdnss ETF (LCTU)
Type
Exchange-traded fund
Sustainability mandate
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
C
13.01%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
26
holdings flagged
13%
of assets flagged
This fund contains
 $159.2 MILLION invested 
in holdings flagged for deforestation risk
BlackRock, the world's largest investment firm, is among the world's top investors in the agribusiness companies responsible for destroying our tropical rainforests. To make the urgent transformations needed to end global deforestation and reign in the climate crisis, BlackRock needs to change its ways. Tell BlackRock to adopt a No Deforestation Policy!
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producers
Commodity producers
1 holdings
0.04% of assets
$517,311 invested
banks
Banks and lenders
3 holdings
1.67% of assets
$20.43 MILLION invested
consumers
Major consumer brands
23 holdings
11% of assets
$138.76 MILLION invested
Commodity producers
Commodity producers
1 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
1 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Bunge Global SA
    Soy producerPaper/pulp producerPalm oil producer
    0.04%0.04% of portfolio
    $517,311$517,311 invested
    Soy producerPaper/pulp producerPalm oil producer
Banks and lenders
Banks and lenders
3 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
3 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    1.15%1.15% of portfolio
    $14.13M$14.13M invested
  • 2. Citigroup Inc
    0.42%0.42% of portfolio
    $5.15M$5.15M invested
  • 3. Morgan Stanley
    0.09%0.09% of portfolio
    $1.15M$1.15M invested
Major consumer brands
Major consumer brands
23 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
23 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    3.15%3.15% of portfolio
    $38.56M$38.56M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Costco Wholesale Corp
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.39%1.39% of portfolio
    $16.95M$16.95M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Johnson & Johnson
    Paper/pulp major consumer brandPalm oil major consumer brand
    1.28%1.28% of portfolio
    $15.62M$15.62M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 4. The Home Depot Inc
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
    0.84%0.84% of portfolio
    $10.33M$10.33M invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
  • 5. Yum Brands Inc
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.62%0.62% of portfolio
    $7.54M$7.54M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 31 Oct 2024
Financial performance
Performance data provided byMorningstarFind more financial data on LCTU at Morningstar.com
Current fund
LCTU
BlackRock U.S. Carbon Transition Readiness ETF
Family
BlackRock/iShares
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 3-yr returns 
-1.74% less in annualized returns
Less invested in commodity producers 
0.13% less invested
Less invested in banks and lenders 
0.77% less invested
Less invested in major consumer brands 
0.15% less invested
Current fund
LCTU
BlackRock U.S. Carbon Transition Readiness ETF
Family
BlackRock/iShares
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 3-yr returns 
-1.74% less in annualized returns
Less invested in commodity producers 
0.13% less invested
Less invested in banks and lenders 
0.77% less invested
Less invested in major consumer brands 
0.15% less invested
Current fund
LCTU
BlackRock U.S. Carbon Transition Readiness ETF
Family
BlackRock/iShares
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 3-yr returns 
-1.74% less in annualized returns
Less invested in commodity producers 
0.13% less invested
Less invested in banks and lenders 
0.77% less invested
Less invested in major consumer brands 
0.15% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
LCTU - BlackRock U.S. Carbon Transition Readiness ETF
37%
7.32%
/
/
0.04% 
Benchmark
IVV - iShares Core S&P 500 ETF
38%
9.05%
15%
13%
0.17% 
Fund compared to benchmark
 
-0.52%
-1.74%
/
/
0.13%  lower
Find more financial data on LCTU at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco

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