CRBN vs VOO
iShares Low Carbon Optimized MSCI ACWI ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. CRBN offers more diversification with 1,123 holdings.
Side-by-Side Comparison
| Metric | CRBN | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $1.2B | $997.4B | |
| Dividend Yield | 2.04% | 1.08% | |
| Holdings | 1,123 | 509 | |
| YTD Return | +11.59% | +12.25% | |
| 1Y Return | +20.47% | +20.92% | |
| 3Y Return (annualized) | +21.21% | +21.79% | |
| 5Y Return (annualized) | +11.08% | +13.05% | |
| Volatility (annualized) | 3659.8% | 14.1% | |
| Max Drawdown | -33.1% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 8, 2014 | Sep 7, 2010 |
CRBN vs VOO Performance
iShares Low Carbon Optimized MSCI ACWI ETF (CRBN) is a ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CRBN returned +20.47% while VOO returned +20.92%. Year to date, CRBN is up 11.59% versus a gain of 12.25% for VOO.
Over three years, CRBN compounded at +21.21% per year against +21.79% for VOO; over five years the annualized figures are +11.08% and +13.05% respectively. Across the full 13-year window we track, CRBN has the edge at +57.91% annualized vs +13.45%. 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 14.1% for VOO. 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 -34.3% for VOO. 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 VOO 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 1.08% for VOO.
Holdings Overlap
CRBN and VOO share 293 holdings out of 1188 unique holdings combined, representing a 55.0% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, CRBN or VOO?
CRBN has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, CRBN or VOO?
Over the past year CRBN returned +20.47% vs +20.92% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (13 years), CRBN annualized +57.91% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, CRBN or VOO?
CRBN has been the more volatile fund at 3659.8% annualized versus 14.1% for VOO. Worst drawdown: CRBN -33.1% vs VOO -34.3%.
Should I hold both CRBN and VOO?
CRBN and VOO 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 VOO?
CRBN and VOO share 293 common holdings with a 55.0% weight overlap. Combined, they hold 1188 unique securities.
Which pays a higher dividend, CRBN or VOO?
CRBN yields 2.04% while VOO yields 1.08%, so CRBN currently pays the higher dividend yield.
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