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CRBN vs. GLDM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CRBN and GLDM is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

CRBN vs. GLDM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI ACWI Low Carbon Target ETF (CRBN) and SPDR Gold MiniShares Trust (GLDM). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2025February
6.22%
16.84%
CRBN
GLDM

Key characteristics

Sharpe Ratio

CRBN:

1.63

GLDM:

2.93

Sortino Ratio

CRBN:

2.23

GLDM:

3.69

Omega Ratio

CRBN:

1.29

GLDM:

1.50

Calmar Ratio

CRBN:

2.36

GLDM:

5.54

Martin Ratio

CRBN:

9.45

GLDM:

15.23

Ulcer Index

CRBN:

2.09%

GLDM:

2.94%

Daily Std Dev

CRBN:

12.16%

GLDM:

15.35%

Max Drawdown

CRBN:

-33.13%

GLDM:

-21.63%

Current Drawdown

CRBN:

-1.46%

GLDM:

-0.09%

Returns By Period

In the year-to-date period, CRBN achieves a 3.89% return, which is significantly lower than GLDM's 11.83% return.


CRBN

YTD

3.89%

1M

0.74%

6M

6.23%

1Y

17.47%

5Y*

10.89%

10Y*

9.66%

GLDM

YTD

11.83%

1M

6.44%

6M

16.84%

1Y

44.84%

5Y*

12.17%

10Y*

N/A

*Annualized

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


CRBN vs. GLDM - Expense Ratio Comparison

CRBN has a 0.20% expense ratio, which is higher than GLDM's 0.18% 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%.


CRBN
iShares MSCI ACWI Low Carbon Target ETF
Expense ratio chart for CRBN: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for GLDM: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

CRBN vs. GLDM — Risk-Adjusted Performance Rank

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

CRBN
The Risk-Adjusted Performance Rank of CRBN is 7070
Overall Rank
The Sharpe Ratio Rank of CRBN is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of CRBN is 6666
Sortino Ratio Rank
The Omega Ratio Rank of CRBN is 6868
Omega Ratio Rank
The Calmar Ratio Rank of CRBN is 7272
Calmar Ratio Rank
The Martin Ratio Rank of CRBN is 7474
Martin Ratio Rank

GLDM
The Risk-Adjusted Performance Rank of GLDM is 9494
Overall Rank
The Sharpe Ratio Rank of GLDM is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of GLDM is 9494
Sortino Ratio Rank
The Omega Ratio Rank of GLDM is 9393
Omega Ratio Rank
The Calmar Ratio Rank of GLDM is 9696
Calmar Ratio Rank
The Martin Ratio Rank of GLDM is 9090
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CRBN vs. GLDM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI ACWI Low Carbon Target ETF (CRBN) and SPDR Gold MiniShares Trust (GLDM). 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.


Sharpe ratio
The chart of Sharpe ratio for CRBN, currently valued at 1.63, compared to the broader market0.002.004.001.632.93
The chart of Sortino ratio for CRBN, currently valued at 2.23, compared to the broader market0.005.0010.002.233.69
The chart of Omega ratio for CRBN, currently valued at 1.29, compared to the broader market0.501.001.502.002.503.001.291.50
The chart of Calmar ratio for CRBN, currently valued at 2.36, compared to the broader market0.005.0010.0015.002.365.54
The chart of Martin ratio for CRBN, currently valued at 9.45, compared to the broader market0.0020.0040.0060.0080.00100.009.4515.23
CRBN
GLDM

The current CRBN Sharpe Ratio is 1.63, which is lower than the GLDM Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of CRBN and GLDM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.00SeptemberOctoberNovemberDecember2025February
1.63
2.93
CRBN
GLDM

Dividends

CRBN vs. GLDM - Dividend Comparison

CRBN's dividend yield for the trailing twelve months is around 1.87%, while GLDM has not paid dividends to shareholders.


TTM2024202320222021202020192018201720162015
CRBN
iShares MSCI ACWI Low Carbon Target ETF
1.87%1.94%2.01%1.95%1.57%1.41%2.26%2.51%2.05%2.27%2.01%
GLDM
SPDR Gold MiniShares Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

CRBN vs. GLDM - Drawdown Comparison

The maximum CRBN drawdown since its inception was -33.13%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for CRBN and GLDM. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%SeptemberOctoberNovemberDecember2025February
-1.46%
-0.09%
CRBN
GLDM

Volatility

CRBN vs. GLDM - Volatility Comparison

The current volatility for iShares MSCI ACWI Low Carbon Target ETF (CRBN) is 3.01%, while SPDR Gold MiniShares Trust (GLDM) has a volatility of 3.73%. This indicates that CRBN experiences smaller price fluctuations and is considered to be less risky than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025February
3.01%
3.73%
CRBN
GLDM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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