CRBN vs. SCHH
Compare and contrast key facts about iShares MSCI ACWI Low Carbon Target ETF (CRBN) and Schwab US REIT ETF (SCHH).
CRBN and SCHH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRBN is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Low Carbon Target Index. It was launched on Dec 8, 2014. SCHH is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Select REIT Index. It was launched on Jan 13, 2011. Both CRBN and SCHH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CRBN or SCHH.
Key characteristics
| CRBN | SCHH | |
|---|---|---|
| YTD Return | 4.37% | -8.39% |
| 1Y Return | 19.83% | 3.29% |
| 3Y Return (Ann) | 3.69% | -2.39% |
| 5Y Return (Ann) | 9.55% | -0.50% |
| Sharpe Ratio | 1.69 | 0.12 |
| Daily Std Dev | 11.63% | 18.66% |
| Max Drawdown | -33.13% | -44.22% |
| Current Drawdown | -3.84% | -23.61% |
Correlation
The correlation between CRBN and SCHH is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CRBN vs. SCHH - Performance Comparison
In the year-to-date period, CRBN achieves a 4.37% return, which is significantly higher than SCHH's -8.39% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CRBN vs. SCHH - Expense Ratio Comparison
CRBN has a 0.20% expense ratio, which is higher than SCHH's 0.07% 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%.
Risk-Adjusted Performance
CRBN vs. SCHH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI ACWI Low Carbon Target ETF (CRBN) and Schwab US REIT ETF (SCHH). 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.
Dividends
CRBN vs. SCHH - Dividend Comparison
CRBN's dividend yield for the trailing twelve months is around 1.93%, less than SCHH's 3.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRBN iShares MSCI ACWI Low Carbon Target ETF | 1.93% | 2.01% | 1.95% | 1.57% | 1.41% | 2.27% | 2.51% | 2.05% | 2.27% | 2.01% | 0.00% | 0.00% |
SCHH Schwab US REIT ETF | 3.49% | 3.24% | 2.55% | 1.50% | 2.86% | 2.86% | 3.66% | 2.22% | 2.81% | 2.48% | 2.18% | 2.59% |
Drawdowns
CRBN vs. SCHH - Drawdown Comparison
The maximum CRBN drawdown since its inception was -33.13%, smaller than the maximum SCHH drawdown of -44.22%. Use the drawdown chart below to compare losses from any high point for CRBN and SCHH. For additional features, visit the drawdowns tool.
Volatility
CRBN vs. SCHH - Volatility Comparison
The current volatility for iShares MSCI ACWI Low Carbon Target ETF (CRBN) is 3.47%, while Schwab US REIT ETF (SCHH) has a volatility of 6.47%. This indicates that CRBN experiences smaller price fluctuations and is considered to be less risky than SCHH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.