Fossil fuel companiesare fueling the climate crisis.


BlackRock U.S. Carbon Transition Readiness ETF

Shareclass
BlackRock US Carbon Transition Rdnss ETF (LCTU)
Type
Exchange-traded fund
Sustainability mandate
Fossil fuel exposure of 7.53% places the fund in the D tier, between 5.5% and 9% exposure.

Methodology
D
Investments in major fossil fuel companies
Berkshire Hathaway Inc Class B
Macroclimate 50Top 50 coal-fired power
$13.1 MILLION
ConocoPhillips
Carbon Underground 200Top 200 carbon reserves
$9.83 MILLION
Exxon Mobil Corp
Carbon Underground 200Top 200 carbon reserves
$8.35 MILLION
NRG Energy Inc
Macroclimate 50Top 50 coal-fired power
$2.98 MILLION
Chevron Corp
Carbon Underground 200Top 200 carbon reserves
$2.84 MILLION
Antero Resources Corp
Carbon Underground 200Top 200 carbon reserves
$1.02 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
4
holdings
$22.04M
invested
1.8%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
1
holdings
$1.81M
invested
0.15%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
19
holdings
$60.93M
invested
4.98%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
2
holdings
$16.09M
invested
1.31%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
8
holdings
$44.9M
invested
3.67%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
25 holdings
25 holdings
  • 1. Berkshire Hathaway Inc Class B
    Macroclimate 50Fossil-fired utility
    $13.1M
    1.07%
  • 2. Sempra
    Oil/gas industryFossil-fired utility
    $11.94M
    0.98%
  • 3. ConocoPhillips
    Carbon Underground 200Oil/gas industry
    $9.83M
    0.8%
  • 4. Exxon Mobil Corp
    Carbon Underground 200Oil/gas industry
    $8.35M
    0.68%
  • 5. Public Service Enterprise Group Inc
    Fossil-fired utility
    $8.13M
    0.66%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
BlackRock U.S. Carbon Transition Readiness ETF $LCTU is 7.53% ($92.13 MILLION) invested in fossil fuel stocks
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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 fossil fuels 
0.79% less invested
Lower fossil finance risk score 
4 points lower
Lower fossil insurance risk score 
11 points lower
More invested in Clean200 
1.08% more 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 fossil fuels 
0.79% less invested
Lower fossil finance risk score 
4 points lower
Lower fossil insurance risk score 
11 points lower
More invested in Clean200 
1.08% more 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 fossil fuels 
0.79% less invested
Lower fossil finance risk score 
4 points lower
Lower fossil insurance risk score 
11 points lower
More invested in Clean200 
1.08% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
LCTU - BlackRock U.S. Carbon Transition Readiness ETF
37%
7.32%
/
/
7.53% 
Benchmark
IVV - iShares Core S&P 500 ETF
38%
9.05%
15%
13%
8.32% 
Fund compared to benchmark
 
-0.52%
-1.74%
/
/
0.79%  lower
Find more financial data on LCTU at Morningstar.com
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