CRBN vs. AVUS

Last updated Jun 24, 2026

CRBN (iShares MSCI ACWI Low Carbon Target ETF) and AVUS (Avantis U.S. Equity ETF) are both exchange-traded funds - CRBN is a Large Cap Growth Equities fund tracking the MSCI ACWI Low Carbon Target Index, while AVUS is a Large Cap Blend Equities fund actively managed by Avantis. CRBN is passively managed, while AVUS is actively managed. Over the past 5 years, CRBN returned 10.57%/yr vs 12.77%/yr for AVUS. Their correlation of 0.94 suggests significant overlap in exposure. CRBN charges 0.20%/yr vs 0.15%/yr for AVUS.

Performance

CRBN vs. AVUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI ACWI Low Carbon Target ETF (CRBN) and Avantis U.S. Equity ETF (AVUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRBN achieves a 8.70% return, which is significantly lower than AVUS's 13.23% return.

CRBN

• 1D: -2.26%
• 1M: -0.57%
• YTD: 8.70%
• 6M: 8.00%
• 1Y: 23.95%
• 3Y*: 20.07%
• 5Y*: 10.57%
• 10Y*: 12.97%

AVUS

• 1D: -1.42%
• 1M: 0.42%
• YTD: 13.23%
• 6M: 12.09%
• 1Y: 29.84%
• 3Y*: 21.44%
• 5Y*: 12.77%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CRBN vs. AVUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CRBN iShares MSCI ACWI Low Carbon Target ETF	8.70%	21.85%	19.29%	22.31%	-19.12%	18.82%	16.83%	8.70%
AVUS Avantis U.S. Equity ETF	13.23%	16.68%	20.43%	21.77%	-13.82%	28.73%	17.58%	8.55%

Correlation

The correlation between CRBN and AVUS is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019	0.94

The correlation between CRBN and AVUS has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

CRBN vs. AVUS - Sectors Allocation Comparison

Sectors	CRBN	AVUS
Technology	33.3%	30.5%
Financial Services	17.2%	14.5%
Industrials	9.4%	11.2%
Communication Services	9.3%	9.3%
Consumer Cyclical	8.0%	11.4%
Healthcare	7.9%	7.0%
Consumer Defensive	4.3%	4.2%
Basic Materials	3.1%	2.6%
Energy	3.0%	6.8%
Utilities	2.4%	2.3%
Real Estate	2.1%	0.1%

Return for Risk

CRBN vs. AVUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRBN

CRBN Risk / Return Rank: 55
CRBN Sharpe Ratio Rank: 55
CRBN Sortino Ratio Rank: 53
CRBN Omega Ratio Rank: 54
CRBN Calmar Ratio Rank: 51
CRBN Martin Ratio Rank: 61

AVUS

AVUS Risk / Return Rank: 78
AVUS Sharpe Ratio Rank: 77
AVUS Sortino Ratio Rank: 75
AVUS Omega Ratio Rank: 75
AVUS Calmar Ratio Rank: 77
AVUS Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRBN vs. AVUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI ACWI Low Carbon Target ETF (CRBN) and Avantis U.S. Equity ETF (AVUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CRBN	AVUS	Difference
Sharpe ratio: Return per unit of total volatility	1.75	2.36	-0.61
Sortino ratio: Return per unit of downside risk	2.41	3.19	-0.78
Omega ratio: Gain probability vs. loss probability	1.32	1.42	-0.11
Calmar ratio: Return relative to maximum drawdown	2.39	3.82	-1.43
Martin ratio: Return relative to average drawdown	10.28	17.01	-6.74

CRBN vs. AVUS - Sharpe Ratio Comparison

The current CRBN Sharpe Ratio is 1.75, which is comparable to the AVUS Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of CRBN and AVUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CRBN vs. AVUS - Drawdown Comparison

The maximum CRBN drawdown since its inception was -33.13%, smaller than the maximum AVUS drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for CRBN and AVUS.

Drawdown Indicators

	CRBN	AVUS	Difference
Max Drawdown Largest peak-to-trough decline	-33.13%	-37.04%	+3.91%
Max Drawdown (1Y) Largest decline over 1 year	-10.08%	-7.85%	-2.23%
Max Drawdown (3Y) Largest decline over 3 years	-16.60%	-19.74%	+3.14%
Max Drawdown (5Y) Largest decline over 5 years	-27.04%	-22.19%	-4.85%
Max Drawdown (10Y) Largest decline over 10 years	-33.13%	—	—
Current Drawdown Current decline from peak	-2.81%	-1.93%	-0.88%
Average Drawdown Average peak-to-trough decline	-5.19%	-5.06%	-0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.34%	1.76%	+0.58%

Volatility

CRBN vs. AVUS - Volatility Comparison

iShares MSCI ACWI Low Carbon Target ETF (CRBN) has a higher volatility of 5.39% compared to Avantis U.S. Equity ETF (AVUS) at 4.76%. This indicates that CRBN's price experiences larger fluctuations and is considered to be riskier than AVUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRBN	AVUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.39%	4.76%	+0.63%
Volatility (6M) Calculated over the trailing 6-month period	11.55%	9.83%	+1.72%
Volatility (1Y) Calculated over the trailing 1-year period	13.81%	12.73%	+1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	17.36%	-1.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	20.83%	-3.95%

CRBN vs. AVUS - Expense Ratio Comparison

CRBN has a 0.20% expense ratio, which is higher than AVUS's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CRBN vs. AVUS - Dividend Comparison

CRBN's dividend yield for the trailing twelve months is around 2.05%, more than AVUS's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVUS Avantis U.S. Equity ETF	1.19%	1.08%	1.27%	1.41%	1.59%	1.08%	1.19%	0.35%	0.00%	0.00%	0.00%	0.00%
CRBN iShares MSCI ACWI Low Carbon Target ETF	2.05%	2.21%	1.94%	2.01%	1.95%	1.57%	1.41%	2.27%	2.51%	2.05%	2.27%	2.01%

Frequently Asked Questions

Can I hold both CRBN and AVUS in my portfolio?

With a correlation of 0.94, CRBN and AVUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CRBN or AVUS?

CRBN has higher volatility (5.39%) compared to AVUS (4.76%). In terms of maximum drawdown, CRBN dropped -33.13% vs AVUS's -37.04%.

Which ETF is better, CRBN or AVUS?

On 5-year performance, AVUS leads with 12.77% vs 10.57% for CRBN. On fees, AVUS is cheaper at 0.15% per year. On volatility, AVUS has been the lower-risk option at 4.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CRBN or AVUS?

Over the 5-year period, AVUS has performed better with a 12.77% return vs 10.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CRBN or AVUS?

AVUS is cheaper with a 0.15% expense ratio, compared with 0.20% for CRBN.

Which ETF pays a higher dividend yield, CRBN or AVUS?

CRBN has the higher dividend yield at 2.05%, compared with 1.19% for AVUS.

What is the main difference between CRBN and AVUS?

CRBN is categorized as Large Cap Growth Equities, while AVUS is Large Cap Blend Equities. They also come from different issuers: iShares and Avantis. Their fees differ too: 0.20% for CRBN and 0.15% for AVUS.

Which has better risk-adjusted returns?

AVUS currently has the higher Sharpe Ratio (2.36 vs 1.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.