iShares MSCI ACWI Low Carbon Target ETF (CRBN) Performance
CRBN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.1% since Dec 31, 2025
- 1 year
- +12.3% total return
- 5 years
- +10.0% a year
- 10 years
- +12.3% a year
- Since first price
- +10.6% a year since 2014
CRBN trailing returns vs SPY, QQQ, AGG
| Period | CRBN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.2% | −2.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.3% | +1.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.1% | +4.4% | +7.8% | +8.4% | −1.5% |
| YTD | +10.1% | +9.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +12.3% | +9.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +82.2%+22.1%/yr | +71.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +61.3%+10.0%/yr | +46.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +217.7%+12.3%/yr | +160.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionDec 9, 2014 | +232.4%+10.6%/yr | +163.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CRBN vs SPY
From Dec 9, 2014: CRBN grew to $33,236, SPY to $44,918.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CRBN returns by calendar year
8 of 11 full years positive. Best 2019 (+28.7%), worst 2022 (−19.1%). 2026 is year to date.
CRBN annual returns table
| Year | CRBN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.1% | −10.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +21.9% | −16.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +19.3% | −8.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +22.3% | −11.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −19.1% | −27.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +18.8% | −5.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +16.8% | −33.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +28.7% | −6.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.8% | −19.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +23.5% | −2.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +6.4% | −10.1% | +12.0% | +7.1% | +2.4% |
| 2015 | −1.3% | −14.2% | +1.2% | +9.4% | +0.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CRBN largest drawdowns
Now 3.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 12, 2020 | −33.1% | Mar 23, 2020 | Aug 24, 2020 | 40 days | 6 months |
| Jan 4, 2022 | −27.0% | Oct 12, 2022 | Jan 29, 2024 | 9 months | 2.1 years |
| Jan 26, 2018 | −19.5% | Dec 24, 2018 | Jul 3, 2019 | 11 months | 1.4 years |
| May 21, 2015 | −18.7% | Feb 11, 2016 | Dec 13, 2016 | 9 months | 1.6 years |
| Feb 18, 2025 | −16.6% | Apr 8, 2025 | May 19, 2025 | 49 days | 3 months |
| Feb 25, 2026 | −10.1% | Mar 30, 2026 | Apr 17, 2026 | 33 days | 51 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CRBN risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2014 |
|---|---|---|---|---|
| Annualized return | +21.9% | +11.4% | +12.4% | +10.9% |
| Volatility (annualized) | 11.8% | 15.0% | 14.8% | 14.7% |
| Sharpe ratio | 1.38 | 0.56 | 0.71 | 0.65 |
| Sortino ratio | 2.73 | 0.87 | 1.10 | 1.00 |
| Best month | +9.8% | +9.8% | +12.7% | +12.7% |
| Worst month | −6.5% | −9.6% | −13.2% | −13.2% |
| Best 12 months | +34.1% | +34.1% | +55.1% | +55.1% |
| Worst 12 months | +8.6% | −21.4% | −21.4% | −21.4% |
| Positive months | 69% | 62% | 68% | 65% |
| Beta vs S&P 500 | 0.92 | 0.93 | 0.94 | — |
| Correlation with S&P 500 | 0.97 | 0.97 | 0.97 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CRBN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 131 | −21.4% | +14.4% | +55.1% | 79% |
| 3-year (a year) | 107 | +1.5% | +9.8% | +23.8% | 100% |
| 5-year (a year) | 83 | +3.2% | +10.9% | +15.4% | 100% |
| 10-year (a year) | 23 | +8.8% | +11.5% | +13.0% | 100% |
Every holding period starting at a month-end since 2014. Returns for 3 years and longer are annualized.
CRBN performance overview
iShares MSCI ACWI Low Carbon Target ETF (CRBN) returned +12.3% over the past year and +12.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2014 it has returned +10.6% a year, turning $10,000 into about $33,236. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −33.1%, from Feb 12, 2020 to Mar 23, 2020, and it took 5 months to get back to the old high. CRBN finished 8 of its 11 full calendar years with a gain; the best year was 2019 (+28.7%) and the worst 2022 (−19.1%). Volatility has been 14.7% a year.
Related: CRBN chart, CRBN holdings, CRBN dividends, CRBN valuation. See the CRBN overview for the latest quote and fund facts.
CRBN performance FAQ
What is the CRBN return over the past year?
CRBN returned +12.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.9%.
What is the average annual return of CRBN?
CRBN has returned +10.0% a year over 5 years, +12.3% a year over 10 years, +10.6% a year since December 9, 2014 (total return, distributions reinvested).
How much would $10,000 invested in CRBN be worth?
$10,000 invested in CRBN at its first recorded close on December 9, 2014 would be worth about $33,236 on October 23, 2026 with distributions reinvested.
What was the worst year for CRBN?
The worst calendar year was 2022, with a total return of −19.1%. The best was 2019 at +28.7%.
What is the biggest drawdown of CRBN?
The largest peak-to-trough decline was −33.1% between February 12, 2020 and March 23, 2020. It recovered to the old high on August 24, 2020, 5 months after the bottom.
How volatile is CRBN?
Over the past 3 years CRBN had an annualized volatility of 11.8% and a Sharpe ratio of 1.38 (excess return over 1–3 month T-bills per unit of risk).