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CRBN vs NZAC

iShares Low Carbon Optimized MSCI ACWI ETF vs State Street SPDR MSCI ACWI Climate Paris Aligned ETF

CRBN

iShares Low Carbon Optimized MSCI ACWI ETF

iShares

Annual cost

0.20%

Fund size

$1.1B

NZAC

State Street SPDR MSCI ACWI Climate Paris Aligned ETF

State Street Investment Management

Annual cost

0.12%

Fund size

$188M

Key differences

  • NZAC costs 0.08% less per year.
  • CRBN is significantly larger than NZAC — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, CRBN has delivered higher annualized returns.

Side-by-side comparison

CRBNNZAC
Annual cost (TER)0.20%0.12%
Fund size (AUM)$1.1B$188M
Since20142014
Dividend yield2.08%1.83%
Asset classequityequity
Region
Strategyindex trackingindex tracking
CAGR 1Y+27.9%+24.7%
CAGR 3Y+21.3%+19.3%
CAGR 5Y+11.4%+10.2%
Sharpe 3Y1.171.02
Volatility 1Y13.09%12.95%
Max drawdown-33.13%-33.72%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CRBN and NZAC