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 is an ESG-focused fund issued by iShares with $1.16 billion in assets under management. It holds a B grade and ranks 11th out of 11 peers in its category, placing it at #190 overall among all tracked ETFs. The fund charges an expense ratio of 0.2%, which aligns with the category median, while offering a dividend yield of 2.03% that significantly exceeds the 0.93% median. Its portfolio is concentrated, with the top ten holdings representing 24.3% of assets and NVIDIA Corporation serving as the largest single position at 4.6%.

The fund’s price of $251.98 sits at 78.4% of its 52-week range, reflecting a recent downgrade from a C to a B grade on September 24, 2026. Short-term returns show weakness with declines of 0.34% over one day and 2.34% over one month, contrasting with a 12.93% gain over the past year. This one-year performance trails the category median of 15.06%, though the fund has delivered a 9.33% year-to-date return. The record spans only three years, limiting the historical context for its current standing.

With a beta of 0.99, the ETF moves in close lockstep with the broader market, accompanied by a low annualized volatility of 14.35%. The Sharpe ratio of 0.55 indicates modest risk-adjusted returns, while the maximum drawdown of -16.60% highlights the extent of its recent losses. Liquidity is limited, evidenced by an average daily volume of just 8,612 shares. These metrics collectively describe a fund that tracks market movements closely but offers limited premium compensation for the risk taken.

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

CRBN Top Holdings

Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 24.3% 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 (24.3% 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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

CRBN Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 9K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $1.16B 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