CRBN vs IVV

CRBN vs IVV

Which is better, CRBN or IVV?

Each has led over a different period.

IVV has a lower expense ratio. CRBN led over the full window, IVV over 1Y, 3Y and 5Y. CRBN is less concentrated, with 23.7% of the fund in its ten largest positions against 37.9%.

Lower Fees: IVVHigher Returns: splitLess Concentrated: CRBN

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

MetricCRBNIVV
Expense Ratio0.20%0.03%Best
AUM$1.2B$876.4B
Dividend Yield1.97%1.06%
Holdings1,123508
YTD Return+10.66%+11.57%Best
1Y Return+17.38%+17.57%Best
3Y Return (annualized)+20.13%+20.71%Best
5Y Return (annualized)+10.52%+12.80%Best
Volatility (annualized)3646.9%14.5%Best
Max Drawdown-33.1%Best-33.9%
$10,000 over 5 years$16,489$18,262Best
Top 10 Weight23.7%Best37.9%
Fund FamilyiShares by BlackRock (US)iShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionDec 8, 2014May 15, 2000

Volatility and max drawdown are measured over the window both funds cover: Aug 28, 2013 to Sep 10, 2026 (13 years).

CRBN vs IVV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

CRBN vs IVV Performance

iShares Low Carbon Optimized MSCI ACWI ETF (CRBN) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CRBN returned +17.38% while IVV returned +17.57%. Year to date, CRBN is up 10.66% versus a gain of 11.57% for IVV.

Over three years, CRBN compounded at +20.13% per year against +20.71% for IVV; over five years the annualized figures are +10.52% and +12.80% respectively. Across the full 13-year window we track, CRBN has the edge at +57.49% annualized vs +13.13%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CRBN has been the more volatile fund, with annualized monthly volatility of 3646.9% compared with 14.5% for IVV. 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 -33.1% for CRBN and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at -0.03. They move largely independently of each other.

Fees and Cost Over Time

CRBN charges 0.20% per year while IVV charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, CRBN currently yields 1.97% against 1.06% for IVV.

Holdings Overlap

CRBN already in IVV58.3%
IVV already in CRBN84.8%

58.3% of CRBN's money is in holdings IVV also owns. 84.8% of IVV's money is in holdings CRBN also owns.

Most of IVV is already inside CRBN. Owning both mostly buys the same companies twice.

292 positions in common, counted across the 976 positions we hold weights for in CRBN and 505 in IVV, against full books of 1,123 and 508.

What only one of them owns

Our book lists 207 positions for IVV that do not appear in our book for CRBN (14.8% of the fund), and 54 for CRBN that do not appear in IVV (3.6%).

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

StockWeight in CRBNWeight in IVVDifference
NVDANvidia Corp.4.40%7.98%3.58%
AAPLApple, Inc4.52%6.86%2.34%
MSFTMicrosoft Corp 4.100 Feb 06 372.67%5.44%2.77%
AMZNAmazon.Com Inc2.32%4.01%1.69%
GOOGLAlphabet A Usd 0.0012.22%3.19%0.97%
AVGOBroadcom Inc1.65%2.98%1.33%
GOOGAlphabet Inc1.53%2.56%1.03%
METAMeta Platforms, Inc.1.28%1.94%0.66%
MUMicron Technology, Inc.1.11%1.51%0.40%
TSLATesla Inc1.21%1.36%0.15%

84.8% of IVV is already inside CRBN.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

CRBNIVV

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Frequently Asked Questions

Which is cheaper, CRBN or IVV?

CRBN has an expense ratio of 0.20% while IVV charges 0.03%. IVV is the cheaper option, by $17 a year on a $10,000 investment.

Which performed better, CRBN or IVV?

Over the past year CRBN returned +17.38% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (13 years), CRBN annualized +57.49% vs +13.13% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, CRBN or IVV?

CRBN has been the more volatile fund at 3646.9% annualized versus 14.5% for IVV. Worst drawdown: CRBN -33.1% vs IVV -33.9%.

Should I hold both CRBN and IVV?

CRBN and IVV have a monthly-return correlation of -0.03, 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 CRBN and IVV?

84.8% of IVV's money is in holdings CRBN also owns. 84.8% of IVV's is in holdings CRBN also owns. They hold 292 positions in common, counted across the 976 positions we hold weights for in CRBN and 505 in IVV.

Which pays a higher dividend, CRBN or IVV?

CRBN yields 1.97% while IVV yields 1.06%, so CRBN currently pays the higher dividend yield.

Is IVV better than CRBN?

IVV has a lower expense ratio. CRBN led over the full window, IVV over 1Y, 3Y and 5Y. CRBN is less concentrated, with 23.7% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.