LCTU vs USSE
iShares US Carbon Transition Readiness Aware Active ETF vs Segall Bryant & Hamill Select Equity ETF
Which is better, LCTU or USSE?
Each has led over a different period.
LCTU has a lower expense ratio. LCTU led over 3Y and the full window, USSE over 1Y. LCTU is less concentrated, with 35.5% of the fund in its ten largest positions against 58.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | LCTU | USSE |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.65% |
| AUM | $1.2B | $372M |
| Dividend Yield | 0.97% | 0.00% |
| Holdings | 334 | 42 |
| YTD Return | +11.76% | +22.80%Best |
| 1Y Return | +15.34% | +25.31%Best |
| 3Y Return (annualized) | +21.21%Best | +18.49% |
| 5Y Return (annualized) | +11.70% | - |
| Volatility (annualized) | 12.8%Best | 13.3% |
| Max Drawdown | -19.8%Best | -22.4% |
| $10,000 over 3.1 years | $17,138Best | $16,412 |
| Top 10 Weight | 35.5%Best | 58.1% |
| Fund Family | iShares by BlackRock (US) | Segall Bryaant & Hamill Asset management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 6, 2021 | Aug 29, 2023 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 30, 2023 to Oct 14, 2026 (3.1 years).
LCTU vs USSE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.1 years both funds cover.
LCTU vs USSE Performance
iShares US Carbon Transition Readiness Aware Active ETF (LCTU) is an ETF from iShares by BlackRock (US) and Segall Bryant & Hamill Select Equity ETF (USSE) is an ETF from Segall Bryaant & Hamill Asset management. Over the past year LCTU returned +15.34% while USSE returned +25.31%. Year to date, LCTU is up 11.76% versus a gain of 22.80% for USSE.
Over three years, LCTU compounded at +21.21% per year against +18.49% for USSE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USSE has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 12.8% for LCTU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.8% for LCTU and -22.4% for USSE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LCTU charges 0.15% per year while USSE charges 0.65%. On a $10,000 position that is $15 vs $65 annually, a gap of $50 per year that compounds over a long holding period. On income, LCTU currently yields 0.97% against 0.00% for USSE.
Holdings Overlap
32.3% of LCTU's money is in holdings USSE also owns. 89.6% of USSE's money is in holdings LCTU also owns.
Most of USSE is already inside LCTU. Owning both mostly buys the same companies twice.
18 positions in common, counted across the 331 positions we hold weights for in LCTU and 20 in USSE, against full books of 334 and 42.
What only one of them owns
Our book lists 1 positions for USSE that do not appear in our book for LCTU (4.0% of the fund), and 292 for LCTU that do not appear in USSE (66.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in LCTU | Weight in USSE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.16% | 7.48% | 0.68% |
| MSFTMicrosoft Corp | 4.94% | 7.22% | 2.28% |
| AAPLApple, Inc | 7.17% | 4.67% | 2.50% |
| GOOGAlphabet Inc. C | 1.91% | 6.98% | 5.07% |
| AMZNAmazon.Com Inc | 3.08% | 5.61% | 2.53% |
| ANETArista Networks Inc. | 0.39% | 5.81% | 5.42% |
| METAMeta Platforms Inc | 2.43% | 3.68% | 1.25% |
| ATIAti Inc | 0.04% | 5.92% | 5.88% |
| PANWPalo Alto Networks, Inc | 0.62% | 5.05% | 4.43% |
| JPMJpmorgan Chase | 1.09% | 4.20% | 3.11% |
89.6% of USSE is already inside LCTU.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LCTU or USSE?
LCTU has an expense ratio of 0.15% while USSE charges 0.65%. LCTU is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, LCTU or USSE?
Over the past year LCTU returned +15.34% vs +25.31% for USSE, so USSE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LCTU or USSE?
USSE has been the more volatile fund at 13.3% annualized versus 12.8% for LCTU. Worst drawdown: LCTU -19.8% vs USSE -22.4%.
Should I hold both LCTU and USSE?
LCTU and USSE have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between LCTU and USSE?
89.6% of USSE's money is in holdings LCTU also owns. 89.6% of USSE's is in holdings LCTU also owns. They hold 18 positions in common, counted across the 331 positions we hold weights for in LCTU and 20 in USSE.
Which pays a higher dividend, LCTU or USSE?
LCTU yields 0.97% while USSE yields 0.00%, so LCTU currently pays the higher dividend yield.
Is USSE better than LCTU?
LCTU has a lower expense ratio. LCTU led over 3Y and the full window, USSE over 1Y. LCTU is less concentrated, with 35.5% of the fund in its ten largest positions against 58.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.