LCTD vs. SPEU ETF Comparison

Comparison of BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) to SPDR Portfolio Europe ETF (SPEU)

LCTD

BlackRock World ex U.S. Carbon Transition Readiness ETF

LCTD Description

The investment seeks long-term capital appreciation by investing in large- and mid-capitalization World ex U.S. equity securities that may be better positioned to benefit from the transition to a low-carbon economy. The fund seeks to outperform the price and yield performance of the MSCI World ex USA Index. The Advisor selects portfolio securities that are components of the index. The index measures the performance of large- and mid-capitalization stocks across global developed market countries, excluding the U.S. It is non-diversified.

Grade (RS Rating)

Last Trade

$44.98

Average Daily Volume

8,998

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPEU

SPDR Portfolio Europe ETF

SPEU Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the STOXXÂ® Europe Total Market Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. The index is a free-float market capitalization weighted index designed to provide a broad representation of publicly traded Western European companies.

Grade (RS Rating)

Last Trade

$40.39

Average Daily Volume

116,222

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LCTD	SPEU
30 Days	-3.09%	-5.09%
60 Days	-6.04%	-7.75%
90 Days	-5.48%	-8.41%
12 Months	9.21%	9.46%

8 Overlapping Holdings

Symbol	Grade	Weight in LCTD	Weight in SPEU	Overlap
ABBV	D	0.58%	0.75%	0.58%
BCS	C	0.42%	0.4%	0.4%
DEO	F	1.01%	0.55%	0.55%
HSBH	B	1.53%	1.36%	1.36%
LYG	F	0.31%	0.36%	0.31%
NVS	D	1.51%	1.74%	1.51%
QGEN	D	0.2%	0.08%	0.08%
STLA	F	0.03%	0.24%	0.03%

LCTD Overweight 12 Positions Relative to SPEU

Symbol	Grade	Weight
TD	F	1.36%
HMC	F	0.9%
TM	D	0.79%
SHOP	B	0.47%
NMR	B	0.45%
SONY	B	0.42%
CCEP	C	0.42%
CYBR	B	0.31%
CNI	D	0.1%
MFG	B	0.09%
SE	B	0.08%
TEVA	D	0.03%

LCTD Underweight 9 Positions Relative to SPEU

Symbol	Grade	Weight
UL	D	-1.2%
E	F	-0.28%
LOGI	D	-0.1%
MT	B	-0.09%
TIGO	D	-0.02%
FRO	F	-0.02%
TRMD	F	-0.01%
DBVT	F	-0.0%
ECO	F	-0.0%