The AI (ChatGPT) ESG Stock Investing Guide: BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD)

Here is the response from ChatGPT for the prompt BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) components fees AUM price history ESG rating 700 words entered on April 17, 2023.

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is an exchange-traded fund that seeks to provide exposure to companies outside the United States that are well-positioned to transition to a low-carbon economy. In this response, I will provide an overview of the ETF's components, fees, AUM, price history, and ESG rating.

Components: The LCTD ETF invests in companies outside the United States that are well-positioned to transition to a low-carbon economy. The ETF uses a proprietary scoring system to identify companies that are well-prepared for the transition, based on factors such as carbon emissions, energy efficiency, and renewable energy use. Some of the ETF's top holdings include Volkswagen AG, Royal Dutch Shell PLC, and Schneider Electric SE.

Fees: The LCTD ETF has a net expense ratio of 0.30%, which is relatively low compared to other ETFs in the clean energy and technology sectors. This makes it relatively affordable for investors who want to gain exposure to companies outside the United States that are well-positioned for the transition to a low-carbon economy. Investors should be aware that there may be other transaction fees and expenses associated with buying and selling shares of the ETF.

AUM: As of April 17th, 2023, the LCTD ETF has an AUM of approximately $68.8 million. This is a relatively small ETF compared to others in the clean energy and technology sectors, indicating less investor interest in companies outside the United States that are well-positioned for the transition to a low-carbon economy.

Price history: The LCTD ETF was launched in September 2021 and has a very short price history. As of April 17th, 2023, the ETF is trading at around $31.84 per share. Given the short history of the ETF, it is difficult to draw conclusions about its performance.

ESG rating: The LCTD ETF has an ESG rating of "AA" from MSCI ESG Fund Metrics, which is considered to be a very high rating. The rating takes into account the ETF's exposure to companies with good environmental, social, and governance (ESG) practices. This includes factors such as energy efficiency, carbon emissions, labor practices, and board diversity. The ETF also avoids companies involved in controversial activities, such as weapons or tobacco. Investors can feel confident that the ETF is investing in companies with strong ESG practices.

Conclusion: The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is an exchange-traded fund that seeks to provide exposure to companies outside the United States that are well-positioned to transition to a low-carbon economy. It has a relatively low net expense ratio compared to other ETFs in the clean energy and technology sectors. The ETF has a relatively small AUM, indicating less investor interest in companies outside the United States that are well-positioned for the transition to a low-carbon economy. The ETF has a short price history, but it has a high ESG rating, indicating that it invests in companies with strong ESG practices and avoids those involved in controversial activities. Overall, investors should carefully consider the LCTD ETF's components, fees, AUM, price history, and ESG rating before deciding whether to invest in it.

Table and Chart of LCTD Performance (From buyupside.com. Not from chatGPT.)

See what a $1,000 investment in BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is worth today.

Values are based on monthly closes adjusted for splits and dividends from Alpha Vantage.