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CRBN

GradeBNew York Stock Exchange Arca

iShares Low Carbon Optimized MSCI ACWI ETF

Major Indexes · IShares · Inception 2014-12-07 · SEC filings

$258.09−2.98 (−1.14%)

As of Sep 23, 2026, 2:05 PM EDT

Intraday session: down, 16 prints from 261.07 to 258.09. Range 257.58 to 261.07. Use the arrow keys to read each point.$259.00$260.00$261.0010 AM12 PM2 PM4 PM
Expense ratio
0.20%
Fund size
$1.2B
1Y return
+17.6%
Yield · Last 12 months
1.96%
Holdings
1046
Volume · 30D
0M sh
NAV per share
$260.71
52W range
low $215.28high $262.08

The ETF.net CRBN Grade

B

60/ 100

Rank 4 of 6 in MSCI ACWI / World⁠

Confidence Medium

Six-pillar profile for CRBN. Scores out of 100: Cost 56, Risk 48, Mission 100, Tradability 25, Holdings 49, Durability 56. Strongest: Mission (100). Weakest: Tradability (25). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 60 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 56
    Category rank3/6 · top 50%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank1/6 · top 17%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank4/6 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 25
    Category rank6/6 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 49
    Category rank5/6 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 56
    Category rank4/6 · mid-pack

Graded as of Sep 22, 2026

Our read on CRBN

ETF.net Research

BKeeps the whole world in the basket, then leans it away from carbon. CRBN tracks an MSCI ACWI index built for lower carbon exposure, with screens on thermal coal, oil sands and controversial weapons.

Stated mandate

The fund seeks to track global equities through an index designed to have lower carbon exposure than the broad market, while applying screens for controversial weapons, oil sands, and thermal coal mining.

Why people hold it

  1. 01Costs 0.20% a year, well under the 0.45% median for its index-wrapper cohort. Cheap for a screened, optimized mandate.
  2. 02Not a niche slice. Roughly 1,100 stocks worldwide, so the carbon tilt sits on top of a whole-world equity core.
  3. 03The rulebook is named out loud: the MSCI ACWI Low Carbon Target Index, plus stated exclusions. Portfolio and mandate line up tightly, top quartile among its peers.ishares.com
  4. 04Trading since 2014, a long tenure for a climate-screened index fund, and a multi-billion-dollar fund today.

Worth knowing

  1. 01Thinly traded next to the household-name global index funds, so bid-ask spreads and order type matter more here.
  2. 02The carbon tilt carries a price. VT wraps global stocks for 0.06%, roughly a third of the cost.
  3. 03Cash comes back once or twice a year, not quarterly or monthly.

CRBN Holdings

As of Sep 22, 2026, 3:54 AM
Asset class
Stocks
Holdings
1,046
Top-10 weight
25%
Largest holding
NVDA5.0%

Sectors

  • Technology33.1%
  • Financials19.2%
  • Industrials8.8%
  • Communication8.8%
  • Health Care8.4%
  • Consumer Discr.7.1%
  • Cons. Staples4.4%
  • Materials3.2%
  • Energy2.8%
  • Utilities2.3%
  • Real Estate2.0%

Geography

  • United States62.35%
  • Japan5.36%
  • Taiwan (Province of China)3.61%
  • Canada3.29%
  • Korea (the Republic of)2.57%
  • United Kingdom2.56%
  • China2.33%
  • Switzerland2.22%
  • Other countries (39)15.70%

Developed 67% · Emerging 33% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 72.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA5.00%262,408$58M828
002AAPLAPPLE4.86%168,504$57M707
003MSFTMICROSOFT3.41%80,640$40M792
004AMZNAMAZON.COM INC2.42%111,214$28M720
005GOOGLALPHABET CLASS A2.11%70,489$25M704
0062330.TWTAIWAN SEMICONDUCTOR MANUFACTURING1.89%285,000$22M175
007AVGOBROADCOM INC1.58%51,449$18M732
008GOOGALPHABET CLASS C1.44%48,836$17M471
009METAMETA PLATFORMS CLASS A1.42%24,954$17M683
010MUMICRON TECHNOLOGY1.15%13,175$13M655
011TSLATESLA INC1.05%33,560$12M509
012JPMJPMORGAN CHASE & CO0.96%31,951$11M478
013AMDADVANCED MICRO DEVICES0.90%18,842$11M618
014LLYELI LILLY0.90%9,092$10M569
015005930.KSSAMSUNG ELECTRONICS LTD0.86%53,279$10M176

Showing 1–15 of 1076 holdings

CRBN Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CRBN$11,759
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. CRBN $11,759. SPY $11,723. Use the arrow keys to read each point.$9,352$10,651$11,949Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CRBN. Periods over one year show the average yearly return.
PeriodCRBN
Year to date+14.0%
1 month+0.8%
3 months+2.5%
1 year+17.6%
3 years+22.3%per year
5 years+11.4%per year
10 years+12.5%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CRBN
YearReturn barCRBN
2026 YTD+14.0%
2025+21.9%
2024+19.3%
2023+22.3%
2022−19.1%
2021+18.8%
2020+16.8%

CRBN in the news

ETF.net Research hasn’t filed on CRBN yet — coverage lands here as it’s written.

CRBN Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.96%Last 12 months
Payout per share
$5.11Last 12 months
Last payment
$1.73 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $1.16; Dec 19, 2017 $1.24; Jun 19, 2018 $1.30; Dec 18, 2018 $1.29; Jun 17, 2019 $1.40; Dec 16, 2019 $1.53; Jun 15, 2020 $1.04; Dec 14, 2020 $1.07; Jun 10, 2021 $1.16; Dec 13, 2021 $1.41; Dec 30, 2021 $0.17; Jun 9, 2022 $1.47; Dec 13, 2022 $1.22; Jun 7, 2023 $1.50; Dec 20, 2023 $1.84; Jun 11, 2024 $1.49; Dec 17, 2024 $2.26; Jun 16, 2025 $1.71; Dec 16, 2025 $3.38; Jun 15, 2026 $1.73. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$1.73
Dec 16, 2025Dec 19, 2025$3.38
Jun 16, 2025Jun 20, 2025$1.71
Dec 17, 2024Dec 20, 2024$2.26
Jun 11, 2024Jun 17, 2024$1.49
Dec 20, 2023Dec 27, 2023$1.84
Jun 7, 2023Jun 13, 2023$1.50
Dec 13, 2022Dec 19, 2022$1.22
Jun 9, 2022Jun 15, 2022$1.47
Dec 30, 2021Jan 5, 2022$0.17
Dec 13, 2021Dec 17, 2021$1.41
Jun 10, 2021Jun 16, 2021$1.16

CRBN Risk

How much the fund’s monthly returns vary, scaled to a year.
12.2%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.23
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−27.0%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.95
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CRBN Cost

Expense ratio0.20%
  • The middle half of MSCI ACWI / World funds
  • Median 0.26%

2 of the 6 MSCI ACWI / World funds charge less.

CRBN costs $20.00 a year on $10,000. The median MSCI ACWI / World fund costs $26.00.