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, identified by the ticker CRBN, operates within the ESG category managed by the issuer iShares. This fund holds an overall rank of #182 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 64.0 out of 100. It carries an expense ratio of 0.2% and offers a dividend yield of 2.02% to investors. With assets under management totaling $1.14 billion and a current price of $248.76, the fund demonstrates significant capital accumulation relative to the 11 other ETFs tracked in its specific category. The combination of a mid-tier ranking and a substantial asset base suggests a moderate level of investor adoption within the broader ESG landscape.

Short-term performance shows a slight decline, with the fund down 0.01% over one day and 0.44% over one week. The one-month return reflects a minor dip of 0.12%, while the three-month period marks a shift to positive territory with a gain of 3.78%. Momentum accelerated further over the next six months, delivering a 6.60% return, and the year-to-date figure stands at 7.93%. The one-year return reached 17.52%, indicating a strong recovery and growth phase over the last twelve months. This upward trajectory culminates in a three-year return of 63.53%, highlighting a substantial long-term appreciation pattern compared to the recent short-term fluctuations.

The fund is assigned a Low volatility label and maintains a beta of 0.99, suggesting its price movements generally align closely with the broader market. A Sharpe ratio of 0.89 indicates a moderate level of risk-adjusted return relative to the volatility experienced. The maximum drawdown recorded for the ETF is -16.60%, which defines the largest peak-to-trough decline observed in its history. This combination of a beta near unity and a low volatility classification implies the fund tends to mirror market swings without amplifying them significantly. The Sharpe ratio and drawdown figures together suggest that while the fund has experienced notable declines, the returns generated over time have provided a reasonable compensation for the risk taken.

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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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 2026-06-01) — 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 0.24% and average daily volume is 9K/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 $1.14B 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