CRBN vs IVV
iShares Low Carbon Optimized MSCI ACWI ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. CRBN offers more diversification with 1,123 holdings.
Side-by-Side Comparison
| Metric | CRBN | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $1.2B | $907.0B | |
| Dividend Yield | 2.04% | 1.10% | |
| Holdings | 1,123 | 508 | |
| YTD Return | +12.35% | +12.71% | |
| 1Y Return | +21.86% | +21.89% | |
| 3Y Return (annualized) | +21.59% | +22.08% | |
| 5Y Return (annualized) | +11.03% | +12.96% | |
| Volatility (annualized) | 3659.8% | 15.1% | |
| Max Drawdown | -33.1% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Dec 8, 2014 | May 15, 2000 |
CRBN vs IVV Performance
iShares Low Carbon Optimized MSCI ACWI ETF (CRBN) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CRBN returned +21.86% while IVV returned +21.89%. Year to date, CRBN is up 12.35% versus a gain of 12.71% for IVV.
Over three years, CRBN compounded at +21.59% per year against +22.08% for IVV; over five years the annualized figures are +11.03% and +12.96% respectively. Across the full 13-year window we track, CRBN has the edge at +57.98% annualized vs +7.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CRBN has been the more volatile fund, with annualized monthly volatility of 3659.8% compared with 15.1% 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 -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.03. They move independently enough that combining them can meaningfully diversify a portfolio.
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 2.04% against 1.10% for IVV.
Holdings Overlap
CRBN and IVV share 292 holdings out of 1189 unique holdings combined, representing a 54.5% weight overlap.
High overlap means holding both may not provide much additional diversification.
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. On a $10,000 investment, that is $17 per year of difference.
Which performed better, CRBN or IVV?
Over the past year CRBN returned +21.86% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (13 years), CRBN annualized +57.98% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, CRBN or IVV?
CRBN has been the more volatile fund at 3659.8% annualized versus 15.1% for IVV. Worst drawdown: CRBN -33.1% vs IVV -56.5%.
Should I hold both CRBN and IVV?
CRBN and IVV have a monthly-return correlation of -0.03, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CRBN and IVV?
CRBN and IVV share 292 common holdings with a 54.5% weight overlap. Combined, they hold 1189 unique securities.
Which pays a higher dividend, CRBN or IVV?
CRBN yields 2.04% while IVV yields 1.10%, so CRBN currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.