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NZAC vs CRBN

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

NZAC

State Street SPDR MSCI ACWI Climate Paris Aligned ETF

State Street Investment Management

Annual cost

0.12%

Fund size

$188M

CRBN

iShares Low Carbon Optimized MSCI ACWI ETF

iShares

Annual cost

0.20%

Fund size

$1.1B

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

NZACCRBN
Annual cost (TER)0.12%0.20%
Fund size (AUM)$188M$1.1B
Since20142014
Dividend yield1.83%2.08%
Asset classequityequity
Region
Strategyindex trackingindex tracking
CAGR 1Y+24.7%+27.9%
CAGR 3Y+19.3%+21.3%
CAGR 5Y+10.2%+11.4%
Sharpe 3Y1.021.17
Volatility 1Y12.95%13.09%
Max drawdown-33.72%-33.13%

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

Similar to NZAC and CRBN