CRBN vs. JCTR

Last updated Jun 4, 2026

CRBN (iShares MSCI ACWI Low Carbon Target ETF) and JCTR (JPMorgan Carbon Transition 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 JCTR is a Large Cap Blend Equities fund tracking the JPMorgan Asset Management Carbon Transition U.S. Equity Index. Both are passively managed. Their correlation of 0.89 suggests significant overlap in exposure. CRBN charges 0.20%/yr vs 0.15%/yr for JCTR.

Performance

CRBN vs. JCTR - Performance Comparison

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

Returns By Period

CRBN

• 1D: -0.82%
• 1M: 4.91%
• YTD: 10.92%
• 6M: 11.82%
• 1Y: 27.48%
• 3Y*: 21.19%
• 5Y*: 11.10%
• 10Y*: 12.79%

JCTR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRBN vs. JCTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CRBN iShares MSCI ACWI Low Carbon Target ETF	10.92%	21.85%	19.29%	22.31%	-19.12%	18.82%	2.08%
JCTR JPMorgan Carbon Transition U.S. Equity ETF	0.00%	13.55%	24.74%	27.51%	-18.76%	29.86%	2.11%

Correlation

The correlation between CRBN and JCTR is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Dec 11, 2020	0.89

Over the past year, the correlation between CRBN and JCTR has dropped to 0.42 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.

CRBN vs. JCTR - Sectors Allocation Comparison

Sectors	CRBN	JCTR
Technology	32.3%	37.2%
Financial Services	18.3%	14.7%
Communication Services	9.6%	9.5%
Industrials	9.4%	6.3%
Healthcare	8.1%	9.5%
Consumer Cyclical	7.7%	10.9%
Consumer Defensive	4.4%	2.9%
Real Estate	2.9%	2.3%
Basic Materials	2.5%	1.7%
Energy	2.2%	2.9%
Utilities	2.2%	2.0%

Return for Risk

CRBN vs. JCTR — Risk / Return Rank

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

CRBN

CRBN Risk / Return Rank: 61
CRBN Sharpe Ratio Rank: 62
CRBN Sortino Ratio Rank: 62
CRBN Omega Ratio Rank: 61
CRBN Calmar Ratio Rank: 55
CRBN Martin Ratio Rank: 66

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. JCTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI ACWI Low Carbon Target ETF (CRBN) and JPMorgan Carbon Transition U.S. Equity ETF (JCTR). 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.

	CRBN	JCTR	Difference
Sharpe ratio: Return per unit of total volatility	2.12	—	—
Sortino ratio: Return per unit of downside risk	2.94	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	2.74	—	—
Martin ratio: Return relative to average drawdown	12.10	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CRBN	JCTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	—	—

Drawdowns

Drawdown Indicators

	CRBN	JCTR	Difference
Max Drawdown Largest peak-to-trough decline	-33.13%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.60%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.13%	—	—
Current Drawdown Current decline from peak	-0.82%	—	—
Average Drawdown Average peak-to-trough decline	-5.20%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	—	—

Volatility

Volatility by Period

	CRBN	JCTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.05%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.10%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.90%	—	—

CRBN vs. JCTR - Expense Ratio Comparison

CRBN has a 0.20% expense ratio, which is higher than JCTR'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. JCTR - Dividend Comparison

CRBN's dividend yield for the trailing twelve months is around 1.99%, more than JCTR's 0.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRBN iShares MSCI ACWI Low Carbon Target ETF	1.99%	2.21%	1.94%	2.01%	1.95%	1.57%	1.41%	2.27%	2.51%	2.05%	2.27%	2.01%
JCTR JPMorgan Carbon Transition U.S. Equity ETF	0.43%	0.61%	1.04%	1.88%	1.53%	1.13%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRBN and JCTR in my portfolio?

CRBN and JCTR have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRBN or JCTR?

On fees, JCTR is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRBN or JCTR?

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

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

CRBN has the higher dividend yield at 1.99%, compared with 0.43% for JCTR.

What is the main difference between CRBN and JCTR?

CRBN is categorized as Large Cap Growth Equities, while JCTR is Large Cap Blend Equities. CRBN tracks MSCI ACWI Low Carbon Target Index, while JCTR tracks JPMorgan Asset Management Carbon Transition U.S. Equity Index. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.20% for CRBN and 0.15% for JCTR.