CRBN — iShares Low Carbon Optimized MSCI ACWI ETF

CRBN Price Performance — Growth of $10,000

Value of a $10,000 investment in CRBN over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

CRBN Drawdown

The "underwater" chart: CRBN's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Low Carbon Optimized MSCI ACWI ETF (CRBN) is an ESG-focused fund issued by iShares with $1.18 billion in assets under management. It holds a C grade and ranks 9 of 11 within its category, placing it 160th among all 458 tracked ETFs. The fund’s 0.2% expense ratio aligns with the category median, but its 1.97% dividend yield significantly exceeds the 0.91% median. Top holdings comprise 25.2% of assets, with NVIDIA Corporation representing the largest single position at 4.9%.

Price history is available for only 3.0 years, and the fund was upgraded from a B to a C grade on 2026-08-07. The ETF trades at 93.4% of its 52-week range, indicating a price near the upper end of its recent historical bounds. Short-term returns show mixed signals, with a -0.51% one-day change contrasting against a +4.37% three-month gain. Over the longer term, the fund has delivered a 1-year return of +20.37%, which trails the category median of +21.08%.

With a beta of 1.00, the fund moves in lockstep with the broader market, while its 14.22% annualized volatility is classified as Low. The Sharpe ratio of 1.08 suggests efficient risk-adjusted returns relative to the risk-free rate, supported by a maximum drawdown of -16.60%. Liquidity is constrained, evidenced by an average daily volume of just 7,225 shares and a wide bid-ask spread of 11.39%. These metrics collectively describe a fund that has experienced moderate price declines but maintained steady market correlation.

AI-generated summary based on the data on this page.

CRBN Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 25.2% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how CRBN's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With CRBN

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with CRBN's top 10 — VT overlaps most, holding 9 of the same companies as CRBN's top 10 (25.2% of CRBN's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.78% (as of 2026-09-04) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.30 (as of 2026-09-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

CRBN Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 11.39% and average daily volume is 7K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.18B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: CRBN is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

CRBN Performance History

How CRBN Compares to Other ESG ETFs