CRBN vs. VHT
Compare and contrast key facts about iShares MSCI ACWI Low Carbon Target ETF (CRBN) and Vanguard Health Care ETF (VHT).
CRBN and VHT 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. VHT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Health Care 25/50 Index. It was launched on Jan 26, 2004. Both CRBN and VHT 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 VHT.
Key characteristics
| CRBN | VHT | |
|---|---|---|
| YTD Return | 9.15% | 5.34% |
| 1Y Return | 22.74% | 9.40% |
| 3Y Return (Ann) | 5.52% | 4.87% |
| 5Y Return (Ann) | 11.08% | 11.19% |
| Sharpe Ratio | 2.03 | 0.88 |
| Daily Std Dev | 11.57% | 10.79% |
| Max Drawdown | -33.13% | -39.12% |
| Current Drawdown | 0.00% | -2.68% |
Correlation
The correlation between CRBN and VHT is 0.69, 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. VHT - Performance Comparison
In the year-to-date period, CRBN achieves a 9.15% return, which is significantly higher than VHT's 5.34% 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. VHT - Expense Ratio Comparison
CRBN has a 0.20% expense ratio, which is higher than VHT's 0.10% 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. VHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI ACWI Low Carbon Target ETF (CRBN) and Vanguard Health Care ETF (VHT). 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. VHT - Dividend Comparison
CRBN's dividend yield for the trailing twelve months is around 1.84%, more than VHT's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRBN iShares MSCI ACWI Low Carbon Target ETF | 1.84% | 2.01% | 1.95% | 1.57% | 1.41% | 2.27% | 2.51% | 2.05% | 2.27% | 2.01% | 0.00% | 0.00% |
VHT Vanguard Health Care ETF | 1.32% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% | 1.02% | 1.12% |
Drawdowns
CRBN vs. VHT - Drawdown Comparison
The maximum CRBN drawdown since its inception was -33.13%, smaller than the maximum VHT drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for CRBN and VHT. For additional features, visit the drawdowns tool.
Volatility
CRBN vs. VHT - Volatility Comparison
iShares MSCI ACWI Low Carbon Target ETF (CRBN) has a higher volatility of 3.21% compared to Vanguard Health Care ETF (VHT) at 2.19%. This indicates that CRBN's price experiences larger fluctuations and is considered to be riskier than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.