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CRBNvsNZACETF Comparison

ETF 1
CRBN

iShares MSCI ACWI Low Carbon Target ETF

This fund is part of
Global Blended Cap
+0.55%
Full CRBN fund page
VS
ETF 2
NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

Full NZAC fund page

iShares MSCI ACWI Low Carbon Target ETF (CRBN) belongs to the Global Blended Cap segment. 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 Consumer Discretionary. CRBN is more expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.12% for NZAC. CRBN is up 0.58% year-to-date (YTD) with +$12M in YTD flows. NZAC performs worse with -1.49% YTD performance, and -$9M 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

-4.0-3.0-2.0-1.00.01.0%Feb 10Feb 18Feb 25Mar 4

Cumulative Flows

-8 M-6 M-4 M-2 M0 MFeb 10Feb 18Feb 25Mar 4

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/10/2026
1M3MYTD1Y3Y5Y
Perf.
CRBN
NZAC
-2.99%-2.81%
+0.66%-1.25%
+0.58%-1.49%
+23.81%+20.77%
+75.61%+66.71%
+66.34%+57.08%
Flows
CRBN
NZAC
--$9M
+$12M-$9M
+$12M-$9M
-$131M-$5M
-$304M-$140M
-$63M+$13M
Volatility and drawdown
3M1Y3Y5Y
Volatility
CRBN
NZAC
+12.30%+10.39%
+16.47%+13.94%
+13.73%+12.14%
+15.61%+13.92%
Max drawdown
CRBN
NZAC
-4.52%-4.17%
-13.25%-12.40%
-16.48%-15.87%
-26.92%-27.40%
Max drawdown duration
CRBN
NZAC
13d41d
45d37d
87d86d
752d763d
Trading data

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CRBN
NZAC
Last sale
3/11/2026 at 1:30 PM
$231.69
$42.17
Previous close
03/10/2026
$232.12
$42.21
Consolidated volume
03/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 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 3/11/2026 at 1:30 PM
Live
Closed
CRBN
NZAC
Last price
$231.69
$42.17
1D performance
-0.19%
-0.10%
AuM$1.01 B$168.85 M
E/R0.2%0.12%
Characteristics
CRBN
NZAC
Management strategyPassivePassive
ProvideriSharesSPDR
BenchmarkMSCI ACWI Low Carbon Target IndexMSCI ACWI Climate Paris Aligned Index
N° of holdings904631
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateDecember 8, 2014November 25, 2014
ESGYesYes
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Exposure

Countries

CRBN
USA
61.3%
Other
38.7%
NZAC
USA
62.49%
Other
37.51%

Sectors

CRBN
Information Techn.
28.8%
Financials
17.46%
Communication Ser.
9.87%
Industrials
9.05%
Consumer Discreti.
8.92%
Health Care
8.19%
Other
17.72%
NZAC
Information Techn.
31.39%
Financials
15.35%
Consumer Discreti.
9.15%
Health Care
8.99%
Communication Ser.
8.89%
Industrials
8.57%
Other
17.66%
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Diversification

CRBN

Total weight of top 15 holdings out of 15

28.1%
NZAC

Total weight of top 15 holdings out of 15

31.99%

Top 15 holdings

Data as of January 31, 2026
CRBN
NVIDIA
4.85%
APPLE
4.03%
MICROSOFT-T
3.22%
AMAZON.COM INC
2.45%
ALPHABET INC-CL
2.17%
META PLATFORMS
1.65%
ALPHABET INC-CL
1.59%
TWN SEMICONT MAN
1.57%
BROADCOM LIMITED
1.56%
TESLA
1.28%
JPMORGAN CHASE
0.92%
LILLY
0.85%
JOHNSON&JOHNSON
0.74%
VISA INCORPORATION
0.63%
ASML HOLDING
0.59%
NZAC
NVIDIA
5.75%
APPLE
4.40%
MICROSOFT-T
3.57%
AMAZON.COM INC
2.48%
ALPHABET INC-CL
2.40%
META PLATFORMS
1.78%
ALPHABET INC-CL
1.73%
BROADCOM LIMITED
1.71%
TESLA
1.71%
TWN SEMICONT MAN
1.49%
JPMORGAN CHASE
1.16%
DIGITAL REALTY REIT
1.13%
LILLY
1.09%
EQUINIX INC COMMON STOCK REIT
0.82%
JOHNSON&JOHNSON
0.78%
Frequently asked questions about CRBN and NZAC

How have the CRBN and NZAC ETFs performed in 2026?

As of March 10, 2026, CRBN is up 0.58% year-to-date (YTD), while NZAC has lost -1.49%. 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 +$12M in flows, compared to -$9M for NZAC.

Which ETF is more volatile: CRBN or NZAC?

Over the past year, CRBN had a volatility of 16.47%, while NZAC experienced 13.94%.

Which ETF is bigger: CRBN or NZAC?

As of March 10, 2026, CRBN holds $1.01 B in assets under management (AUM), while NZAC manages $168.85 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 Consumer Discretionary.

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 976 securities with 28.1% of its assets in the top 15. NZAC has 677 securities and a top 15 weight of 31.99%.

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