LCTU ETF — BlackRock U.S. Carbon Transition Readiness ETF

BlackRock U.S. Carbon Transition Readiness ETF (LCTU)

Updated October 16, 2026.

LCTU is a low-cost ETF. its distribution rate is 0.98%, its trailing-12-month yield is 0.96%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 91/100 (Safe). Total return is 89.7% over the past 5.5 years, 11.4 points behind SPY at 101.1%.

BlackRock U.S. Carbon Transition Readiness ETF is an equity fund that tracks a customized version of the Russell 1000 Index, optimizing for companies with strong carbon transition readiness scores based on BlackRock's proprietary research. The fund offers a modest current distribution rate paid quarterly and carries a low expense ratio of 0.15%. It appeals to equity income investors seeking exposure to large-cap U.S. companies while incorporating carbon transition considerations into the portfolio construction process.

LCTU performance versus SPY

Price and return data through 2026-10-16.

Total return is 89.7% over the past 5.5 years, 11.4 points behind SPY at 101.1%. Over the past year its total return — price change plus distributions reinvested — is 14.7%. Its deepest 1-year drawdown was 9.4%.

LCTU key facts

Distribution Safety Score™

91 · Safe

Safety-Adjusted Yield

0.89%

Issuer

BlackRock

Asset type

ETF

Asset class

Equity

Inception date

04/06/2021

Expense ratio

0.15%

Distribution rate

0.98%

Distribution frequency

Quarterly

Trailing yield

0.96%

Last close

$81.67 (as of 2026-10-16)

AUM

$1,197,247,111

Average volume

30342.0

Dividend

$0.201

Ex-dividend date

09/15/2026

Payment date

09/18/2026

Beta

1.01

How Dividend Vision calculates yield and returns

Distribution rate (0.98%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.96%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: BlackRock; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

LCTU risks and drawbacks

LCTU's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.4%.

Who may consider LCTU — and who may not

LCTU may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (LCTU pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on LCTU

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Frequently asked questions

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