LCTD vs PBE

Comparison between BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD, ETF) and INVESCO BIOTECHNOLOGY & GENOME ETF (PBE, ETF).

5-Year PerformanceLCTD has outperformed PBE, delivering a return of +7.6% compared to +4.8%

LCTD vs PBE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LCTD(ETF)	PBE(ETF)
Net Assets	$277M	$278M
Expense Ratio	0.22%	0.58%
Max Drawdown	32.18%	45.69%
Sharpe Ratio	1.00	1.81
5Y Beta	0.73	0.73
P/E Ratio	N/A	35.63
Forward P/E	N/A	20.23
5Y Dividends CAGR	57.14%	N/A
5Y EPS CAGR	N/A	10.60%
Debt to Equity	N/A	69.49%
P/S Ratio	N/A	4.60
P/B Ratio	N/A	4.42

Net Assets

LCTD

$277M

Winner

PBE

$278M

Expense Ratio

Winner

LCTD

0.22%

PBE

0.58%

Max Drawdown

Winner

LCTD

32.18%

PBE

45.69%

Sharpe Ratio

LCTD

1.00

Winner

PBE

1.81

5Y Beta

Winner

LCTD

0.73

PBE

0.73

P/E Ratio

LCTD

N/A

PBE

35.63

Forward P/E

LCTD

N/A

PBE

20.23

5Y Dividends CAGR

LCTD

57.14%

PBE

N/A

5Y EPS CAGR

LCTD

N/A

PBE

10.60%

Debt to Equity

LCTD

N/A

PBE

69.49%

P/S Ratio

LCTD

N/A

PBE

4.60

P/B Ratio

LCTD

N/A

PBE

4.42

LCTD vs PBE - Holdings Comparison

LCTD and PBE have 1 common holdings. Overlap is 0.00%

LCTD's top 25 holdings weight is 30.99%. PBE's top 25 holdings weight is 88.24%.

Rank	LCTD	PBE
#1	ASML HOLDING NV COMMON STOCK EUR.09 (n/a) - 2.95%	VERTEX PHARMACEUTICALS INC (VRTX) - 5.35%
#2	ROYAL BANK OF CANADA COMMON STOCK (n/a) - 2.26%	BIOGEN INC (BIIB) - 4.95%
#3	MSCI EAFE SEP26 IFUS 20260918 (n/a) - 1.59%	AMGEN INC (AMGN) - 4.92%
#4	NOVARTIS AG REGISTERED SHARES (n/a) - 1.55%	ROYALTY PHARMA PLC CLASS A (RPRX) - 4.74%
#5	HSBC HOLDINGS PLC (n/a) - 1.37%	ALNYLAM PHARMACEUTICALS INC (ALNY) - 4.68%
#6	n/a (n/a) - 1.28%	REGENERON PHARMACEUTICALS INC (REGN) - 4.56%
#7	NESTLE SA (n/a) - 1.23%	GILEAD SCIENCES INC (GILD) - 4.34%
#8	ASTRAZENECA PLC (AZN:XLON) - 1.22%	UNITED THERAPEUTICS CORP (UTHR) - 4.25%
#9	ENBRIDGE INC COMMON STOCK (n/a) - 1.19%	BIO-TECHNE CORP (TECH) - 3.56%
#10	BANCO SANTANDER SA (n/a) - 1.15%	CAREDX INC (CDNA) - 3.27%
#11	BANK OF MONTREAL COMMON STOCK (n/a) - 1.14%	VERICEL CORP (VCEL) - 3.24%
#12	SCHNEIDER ELECTRIC SE (n/a) - 1.10%	PROTAGONIST THERAPEUTICS INC (PTGX) - 3.17%
#13	GIVAUDAN SA (n/a) - 1.07%	ILLUMINA INC (ILMN) - 3.13%
#14	SANOFI SA (n/a) - 1.07%	VERACYTE INC (VCYT) - 3.11%
#15	SIEMENS AG (n/a) - 1.06%	REPLIGEN CORP (RGEN) - 2.98%
#16	SAP SE (n/a) - 1.04%	PTC THERAPEUTICS INC (PTCT) - 2.97%
#17	AIA GROUP LTD (n/a) - 1.04%	ACADIA PHARMACEUTICALS INC (ACAD) - 2.94%
#18	UBS GROUP AG REG COMMON STOCK USD.1 (n/a) - 1.02%	INCYTE CORP (INCY) - 2.90%
#19	HITACHI LTD (n/a) - 1.01%	BIOCRYST PHARMACEUTICALS INC (BCRX) - 2.80%
#20	TOKYO ELECTRON LTD (n/a) - 1.01%	HALOZYME THERAPEUTICS INC (HALO) - 2.79%
#21	INTESA SANPAOLO (n/a) - 0.99%	SAREPTA THERAPEUTICS INC (SRPT) - 2.79%
#22	TORONTO DOMINION BANK COMMON STOCK (n/a) - 0.95%	QIAGEN NV (QGEN) - 2.72%
#23	COMMONWEALTH BANK OF AUSTRALIA (n/a) - 0.90%	NEUROCRINE BIOSCIENCES INC (NBIX) - 2.70%
#24	ENGIE SA (n/a) - 0.90%	EXELIXIS INC (EXEL) - 2.69%
#25	IBERDROLA SA (n/a) - 0.90%	BIOMARIN PHARMACEUTICAL INC (BMRN) - 2.69%
Total Holdings	365	33

LCTD vs PBE - Historical Returns

Returns include dividend reinvestment.

Period	LCTD	PBE
1 month	+0.37%	+6.68%
3 months	+1.86%	+13.07%
6 months	+5.13%	+9.44%
1 year	+18.72%	+43.95%
5 years(CAGR)	+7.64%	+4.76%
10 years(CAGR)	N/A	+8.90%
Max(CAGR)	+7.84%	+9.27%

LCTD

+0.37%

Winner

PBE

+6.68%

LCTD

+1.86%

Winner

PBE

+13.07%

LCTD

+5.13%

Winner

PBE

+9.44%

LCTD

+18.72%

Winner

PBE

+43.95%

5Y(CAGR)

Winner

LCTD

+7.64%

PBE

+4.76%

10Y(CAGR)

LCTD

N/A

PBE

+8.90%

Max(CAGR)

LCTD

+7.84%

Winner

PBE

+9.27%

LCTD vs PBE - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	LCTD	PBE
2026	+7.05%	+10.95%
2025	+30.57%	+23.76%
2024	+4.34%	-0.05%
2023	+16.30%	+4.60%
2022	-16.65%	-11.11%
2021	+4.37%	+1.21%
2020	N/A	+25.68%
2019	N/A	+18.35%
2018	N/A	-2.62%
2017	N/A	+20.54%
2016	N/A	-20.66%
2015	N/A	+1.36%
2014	N/A	+36.45%
2013	N/A	+57.53%
2012	N/A	+13.17%
2011	N/A	-7.24%
2010	N/A	+29.99%
2009	N/A	+19.16%
2008	N/A	-25.84%
2007	N/A	+6.24%
2006	N/A	+0.45%
2005	N/A	+17.45%

LCTD vs PBE Drawdown Comparison

The maximum drawdown for LCTD was -29.78%, occurring on Oct 12, 2022. Recovery took 629 trading sessions.

The maximum drawdown for PBE was -45.69%, occurring on Mar 9, 2009. Recovery took 644 trading sessions.

The current LCTD drawdown is -1.66%. The current PBE drawdown is -2.99%.

Rank	LCTD	PBE
#1	-29.78% Sep 3, 2021 - Mar 7, 2024	-45.69% Oct 15, 2007 - May 6, 2010
#2	-13.59% Sep 26, 2024 - May 2, 2025	-44.56% Jul 17, 2015 - Jul 20, 2020
#3	-10.92% Feb 26, 2026 - Mar 20, 2026	-37.84% Feb 8, 2021 - Nov 26, 2025
#4	-7.51% Jul 12, 2024 - Aug 19, 2024	-35.71% May 6, 2010 - Apr 2, 2013
#5	-5.57% Nov 12, 2025 - Dec 11, 2025	-21.12% Feb 27, 2006 - Apr 23, 2007
#6	-5.31% Jun 15, 2021 - Sep 2, 2021	-18.86% Feb 24, 2014 - Aug 25, 2014
#7	-4.54% Mar 13, 2024 - May 7, 2024	-14.38% Jul 20, 2020 - Nov 27, 2020
#8	-4.52% Jul 23, 2025 - Aug 15, 2025	-11.73% Jan 7, 2026 - Jun 23, 2026
#9	-3.66% Aug 30, 2024 - Sep 19, 2024	-10.65% Mar 19, 2015 - Jun 18, 2015
#10	-3.58% Jun 6, 2024 - Jul 11, 2024	-10.08% Sep 12, 2005 - Nov 17, 2005
#11	-3.48% Oct 6, 2025 - Oct 28, 2025	-9.07% Apr 25, 2007 - Sep 26, 2007
#12	-3.22% May 7, 2021 - May 24, 2021	-8.60% Aug 29, 2014 - Oct 23, 2014
#13	-2.68% Jun 12, 2025 - Jun 27, 2025	-7.84% May 28, 2013 - Jul 5, 2013
#14	-2.63% May 15, 2024 - Jun 6, 2024	-7.21% Nov 29, 2013 - Jan 7, 2014
#15	-2.55% Aug 22, 2025 - Sep 8, 2025	-6.59% Oct 2, 2013 - Oct 24, 2013

Correlation

Correlation between LCTD and PBE is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2009 - 2026)

LCTD vs PBE dividend yield comparison.

Year	LCTD	PBE
2026	1.65%	0.99%
2025	3.61%	1.00%
2024	3.74%	0.05%
2023	3.16%	0.02%
2022	3.52%	0.00%
2021	2.20%	0.00%
2020	0.00%	0.04%
2018	0.00%	0.00%
2017	0.00%	0.57%
2016	0.00%	0.38%
2015	0.00%	1.12%
2014	0.00%	0.55%
2009	0.00%	0.45%