CRBN vs SCHD
iShares Low Carbon Optimized MSCI ACWI ETF vs Schwab US Dividend Equity ETF
Which is better, CRBN or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. CRBN led over 3Y, 5Y and the full window, SCHD over 1Y. CRBN is less concentrated, with 23.7% of the fund in its ten largest positions against 41.8%.
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
| Metric | CRBN | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $1.2B | $112.1B |
| Dividend Yield | 1.97% | 3.00% |
| Holdings | 1,123 | 103 |
| YTD Return | +10.66% | +24.59%Best |
| 1Y Return | +17.38% | +28.14%Best |
| 3Y Return (annualized) | +20.13%Best | +15.58% |
| 5Y Return (annualized) | +10.52%Best | +9.90% |
| Volatility (annualized) | 3646.9% | 14.2%Best |
| Max Drawdown | -33.1%Best | -33.4% |
| $10,000 over 5 years | $16,489Best | $16,032 |
| Top 10 Weight | 23.7%Best | 41.8% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 8, 2014 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Aug 28, 2013 to Sep 10, 2026 (13 years).
CRBN vs SCHD 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 SCHD Performance
iShares Low Carbon Optimized MSCI ACWI ETF (CRBN) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CRBN returned +17.38% while SCHD returned +28.14%. Year to date, CRBN is up 10.66% versus a gain of 24.59% for SCHD.
Over three years, CRBN compounded at +20.13% per year against +15.58% for SCHD; over five years the annualized figures are +10.52% and +9.90% respectively. Across the full 13-year window we track, CRBN has the edge at +57.49% annualized vs +10.65%.
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 14.2% for SCHD. 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 -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.05. They move largely independently of each other.
Fees and Cost Over Time
CRBN charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, CRBN currently yields 1.97% against 3.00% for SCHD.
Holdings Overlap
4.5% of CRBN's money is in holdings SCHD also owns. 72.3% of SCHD's money is in holdings CRBN also owns.
Most of SCHD is already inside CRBN. Owning both mostly buys the same companies twice.
The two holdings books were reported 62 days apart, CRBN as of Jun 30, 2026 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
31 positions in common, counted across the 976 positions we hold weights for in CRBN and 100 in SCHD, against full books of 1,123 and 103.
What only one of them owns
Our book lists 68 positions for SCHD that do not appear in our book for CRBN (27.7% of the fund), and 307 for CRBN that do not appear in SCHD (56.9%).
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
| Stock | Weight in CRBN | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 0.34% | 4.77% | 4.43% |
| AMGNAmgen Inc. | 0.23% | 4.70% | 4.47% |
| ABTAbbott Laboratories | 0.12% | 4.69% | 4.57% |
| KOCoca Cola Co. | 0.42% | 4.17% | 3.75% |
| PGProcter & Gamble Company | 0.40% | 3.83% | 3.43% |
| HDHome Depot Inc/The | 0.35% | 3.88% | 3.53% |
| VZVerizon Communications, Inc. | 0.22% | 3.97% | 3.75% |
| UNHUnitedhealth Group Inc. | 0.36% | 3.82% | 3.46% |
| PEPPepsico Inc. | 0.15% | 3.64% | 3.49% |
| BMYBristol-Myers Squibb Co. | 0.17% | 3.33% | 3.16% |
72.3% of SCHD 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CRBN or SCHD?
CRBN has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, CRBN or SCHD?
Over the past year CRBN returned +17.38% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), CRBN annualized +57.49% vs +10.65% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CRBN or SCHD?
CRBN has been the more volatile fund at 3646.9% annualized versus 14.2% for SCHD. Worst drawdown: CRBN -33.1% vs SCHD -33.4%.
Should I hold both CRBN and SCHD?
CRBN and SCHD have a monthly-return correlation of -0.05, 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 SCHD?
72.3% of SCHD's money is in holdings CRBN also owns. 72.3% of SCHD's is in holdings CRBN also owns. They hold 31 positions in common, counted across the 976 positions we hold weights for in CRBN and 100 in SCHD.
Which pays a higher dividend, CRBN or SCHD?
CRBN yields 1.97% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CRBN?
SCHD has a lower expense ratio. CRBN led over 3Y, 5Y and the full window, SCHD over 1Y. CRBN is less concentrated, with 23.7% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.