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CRBNvsNZACETF Comparison

ETF 1
CRBN

iShares MSCI ACWI Low Carbon Target ETF

This fund is part of
Global Blended Cap
-0.48%
VS
ETF 2
NZAC

State Street SPDR MSCI ACWI Climate Paris Aligned ETF

iShares MSCI ACWI Low Carbon Target ETF (CRBN) belongs to the Global Blended Cap segment. State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is part of the segment. CRBN's top 3 sector exposures are Information Technology, Financials and Communication Services. In contrast, NZAC's top sector exposures are Information Technology, Financials and Health Care. CRBN is more expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.12% for NZAC. CRBN is up 5.54% year-to-date (YTD) with +$23M in YTD flows. NZAC performs worse with 3.53% YTD performance, and -$457K in YTD flows. Run a side-by-side ETF comparison of CRBN and NZAC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CRBN vs NZAC performance and flow charts

Performance

024681012%Mar 27Apr 6Apr 13Apr 20Apr 27

Cumulative Flows

0 M1 M2 M3 M4 MMar 27Apr 6Apr 13Apr 20Apr 27

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Historic performance and flows
Data as of 04/27/2026
1M3MYTD1Y3Y5Y
Perf.
CRBN
NZAC
+12.23%+12.49%
+1.64%+1.39%
+5.54%+3.53%
+29.87%+27.12%
+72.83%+63.56%
+64.23%+55.38%
Flows
CRBN
NZAC
-+$4M
+$11M-$457K
+$23M-$457K
-$111M+$3M
-$277M-$132M
-$67M+$9M
Volatility and drawdown
3M1Y3Y5Y
Volatility
CRBN
NZAC
+17.61%+15.25%
+12.73%+11.36%
+14.09%+12.47%
+15.86%+14.13%
Max drawdown
CRBN
NZAC
-10.24%-9.86%
-10.24%-9.86%
-16.48%-15.87%
-26.92%-27.40%
Max drawdown duration
CRBN
NZAC
50d76d
50d76d
87d86d
752d763d
Trading data

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CRBN
NZAC
Last sale
4/28/2026 at 7:58 PM
$242.08
$44.23
Previous close
04/28/2026
$243.45
$44.36
Consolidated volume
04/28/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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CRBN
NZAC
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/28/2026 at 7:58 PM
Live
Closed
CRBN
NZAC
Last price
$242.08
$44.23
1D performance
-0.56%
-0.30%
AuM$1.07 B$186.33 M
E/R0.2%0.12%
Characteristics
CRBN
NZAC
Management strategyPassivePassive
ProvideriSharesState Street Investment Management
BenchmarkMSCI ACWI Low Carbon Target IndexMSCI ACWI Climate Paris Aligned Index
N° of holdings883617
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateDecember 8, 2014November 25, 2014
ESGYesYes
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Exposure

Countries

CRBN
USA
61.98%
Other
38.02%
NZAC
USA
62.22%
Other
37.78%

Sectors

CRBN
Information Techn.
28.33%
Financials
17.47%
Communication Ser.
9.51%
Industrials
8.97%
Consumer Discreti.
8.45%
Health Care
8.24%
Other
19.01%
NZAC
Information Techn.
31.28%
Financials
15.23%
Health Care
8.89%
Consumer Discreti.
8.85%
Industrials
8.5%
Communication Ser.
8.38%
Other
18.87%
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Diversification

CRBN

Total weight of top 15 holdings out of 15

27.59%
NZAC

Total weight of top 15 holdings out of 15

31.69%

Top 15 holdings

Data as of March 31, 2026
CRBN
NVIDIA
4.77%
APPLE
4.30%
MICROSOFT-T
2.99%
AMAZON.COM INC
2.29%
ALPHABET INC-CL
2.00%
TWN SEMICONT MAN
1.62%
BROADCOM LIMITED
1.59%
ALPHABET INC-CL
1.46%
META PLATFORMS
1.40%
TESLA
1.24%
JPMORGAN CHASE
0.96%
JOHNSON&JOHNSON
0.86%
LILLY
0.83%
HALLIBURTON
0.65%
VISA INCORPORATION
0.62%
NZAC
NVIDIA
5.67%
APPLE
4.64%
MICROSOFT-T
3.31%
AMAZON.COM INC
2.33%
ALPHABET INC-CL
2.20%
BROADCOM LIMITED
1.73%
TESLA
1.59%
ALPHABET INC-CL
1.59%
TWN SEMICONT MAN
1.57%
META PLATFORMS
1.54%
DIGITAL REALTY REIT
1.32%
JPMORGAN CHASE
1.20%
EQUINIX INC COMMON STOCK REIT
1.06%
LILLY
1.04%
JOHNSON&JOHNSON
0.90%
Frequently asked questions about CRBN and NZAC

How have the CRBN and NZAC ETFs performed in 2026?

As of April 27, 2026, CRBN is up 5.54% year-to-date (YTD), while NZAC has returned 3.53%. That puts CRBN better performer ahead so far this year.

Which ETF is attracting more investor money: CRBN or NZAC?

Year-to-date, the CRBN ETF saw +$23M in flows, compared to -$457K for NZAC.

Which ETF is more volatile: CRBN or NZAC?

Over the past year, CRBN had a volatility of 12.73%, while NZAC experienced 11.36%.

Which ETF is bigger: CRBN or NZAC?

As of April 27, 2026, CRBN holds $1.07 B in assets under management (AUM), while NZAC manages $186.33 M.

What sectors do the CRBN and NZAC ETFs invest in?

CRBN leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, NZAC focuses on Information Technology, Financials and Health Care.

What are the top holdings of the CRBN ETF and NZAC ETF?

CRBN top holdings include NVIDIA, APPLE and MICROSOFT-T. NZAC holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: CRBN or NZAC?

CRBN holds 954 securities with 27.59% of its assets in the top 15. NZAC has 662 securities and a top 15 weight of 31.69%.

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