CRBN vs. VCLT ETF Comparison

Comparison of iShares MSCI ACWI Low Carbon Target ETF (CRBN) to Vanguard Long-Term Corporate Bond ETF (VCLT)

CRBN

iShares MSCI ACWI Low Carbon Target ETF

CRBN Description

The investment seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market. The fund seeks to track the investment results of the MSCI ACWI Low Carbon Target Index. It generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to address two dimensions of carbon exposure - carbon emissions and potential carbon emissions from fossil fuel reserves. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$188.66

Average Daily Volume

7,550

Number of Holdings ^*

423

* may have additional holdings in another (foreign) market

VCLT

Vanguard Long-Term Corporate Bond ETF

VCLT Description

The investment seeks to track the performance of a market-weighted corporate bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 10+ Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities greater than 10 years. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$77.42

Average Daily Volume

2,024,871

Number of Holdings ^*

341

* may have additional holdings in another (foreign) market

Performance

Period	CRBN	VCLT
30 Days	4.23%	1.86%
60 Days	6.04%	3.51%
90 Days	9.22%	4.05%
12 Months	21.84%	4.85%

180 Overlapping Holdings

Symbol	Grade	Weight in CRBN	Weight in VCLT	Overlap
AAPL	B	4.42%	0.04%	0.04%
ABBV	B	0.16%	0.03%	0.03%
ABBV	B	0.44%	0.03%	0.03%
ABT	D	0.08%	0.03%	0.03%
ACGL	D	0.07%	0.01%	0.01%
ADI	B	0.19%	0.02%	0.02%
AFG	D	0.01%	0.02%	0.01%
AFL	A	0.15%	0.02%	0.02%
AIG	C	0.05%	0.01%	0.01%
AJG	A	0.03%	0.02%	0.02%
ALB	F	0.01%	0.01%	0.01%
ALL	D	0.03%	0.01%	0.01%
AMAT	C	0.16%	0.03%	0.03%
AMGN	B	0.27%	0.01%	0.01%
AMT	B	0.14%	0.03%	0.03%
AMZN	C	2.49%	0.05%	0.05%
AON	C	0.09%	0.01%	0.01%
ARE	B	0.01%	0.01%	0.01%
AVB	C	0.03%	0.01%	0.01%
AVGO	B	1.09%	0.04%	0.04%
AWK	C	0.21%	0.01%	0.01%
AXP	B	0.21%	0.06%	0.06%
BABA	C	0.2%	0.01%	0.01%
BAC	A	0.38%	0.02%	0.02%
BAX	D	0.0%	0.02%	0.0%
BDX	F	0.11%	0.01%	0.01%
BIIB	C	0.04%	0.05%	0.04%
BMY	F	0.18%	0.03%	0.03%
BSX	B	0.18%	0.01%	0.01%
BXP	B	0.02%	0.01%	0.01%
C	B	0.23%	0.01%	0.01%
CB	D	0.22%	0.03%	0.03%
CCI	C	0.08%	0.02%	0.02%
CFG	A	0.02%	0.03%	0.02%
CHD	D	0.07%	0.02%	0.02%
CHTR	D	0.08%	0.03%	0.03%
CI	D	0.12%	0.02%	0.02%
CL	B	0.15%	0.02%	0.02%
CMCSA	F	0.27%	0.01%	0.01%
CME	D	0.11%	0.03%	0.03%
COST	C	0.28%	0.06%	0.06%
CRM	F	0.33%	0.05%	0.05%
CSCO	D	0.36%	0.07%	0.07%
CSX	C	0.13%	0.01%	0.01%
CVS	F	0.05%	0.01%	0.01%
DE	F	0.04%	0.02%	0.02%
DG	D	0.07%	0.03%	0.03%
DHR	D	0.24%	0.02%	0.02%
DIS	F	0.25%	0.01%	0.01%
DOC	B	0.01%	0.01%	0.01%
DRI	F	0.0%	0.01%	0.0%
EA	B	0.07%	0.01%	0.01%
EBAY	B	0.09%	0.03%	0.03%
ECL	A	0.17%	0.02%	0.02%
ED	D	0.06%	0.01%	0.01%
EG	C	0.03%	0.02%	0.02%
EIX	C	0.19%	0.01%	0.01%
EL	F	0.06%	0.01%	0.01%
EMR	B	0.05%	0.01%	0.01%
EQH	A	0.09%	0.09%	0.09%
EQIX	C	0.1%	0.01%	0.01%
EQR	C	0.03%	0.01%	0.01%
ES	C	0.12%	0.02%	0.02%
ESS	B	0.01%	0.01%	0.01%
ETN	C	0.18%	0.01%	0.01%
EXC	D	0.03%	0.01%	0.01%
EXR	B	0.05%	0.01%	0.01%
FIS	C	0.08%	0.02%	0.02%
FITB	B	0.02%	0.07%	0.02%
FNF	C	0.02%	0.01%	0.01%
FTV	D	0.17%	0.03%	0.03%
GILD	C	0.15%	0.02%	0.02%
GIS	D	0.01%	0.01%	0.01%
GOOGL	C	1.53%	0.04%	0.04%
GPN	F	0.06%	0.04%	0.04%
GS	A	0.24%	0.01%	0.01%
GWW	D	0.03%	0.02%	0.02%
HAL	F	0.53%	0.02%	0.02%
HCA	D	0.12%	0.06%	0.06%
HD	C	0.5%	0.01%	0.01%
HIG	C	0.06%	0.01%	0.01%
HSY	D	0.05%	0.01%	0.01%
HUM	D	0.05%	0.01%	0.01%
IBM	C	0.29%	0.02%	0.02%
ICE	A	0.1%	0.02%	0.02%
INTC	D	0.2%	0.03%	0.03%
IPG	F	0.02%	0.01%	0.01%
ITW	D	0.12%	0.03%	0.03%
JNJ	D	0.55%	0.02%	0.02%
JPM	B	0.83%	0.01%	0.01%
KDP	D	0.05%	0.01%	0.01%
KIM	C	0.01%	0.01%	0.01%
KLAC	B	0.28%	0.02%	0.02%
KO	B	0.46%	0.01%	0.01%
L	C	0.03%	0.04%	0.03%
LH	C	0.04%	0.03%	0.03%
LIN	C	0.1%	0.04%	0.04%
LLY	B	0.98%	0.01%	0.01%
LOW	C	0.16%	0.01%	0.01%
LRCX	C	0.13%	0.02%	0.02%
MA	D	0.51%	0.02%	0.02%
MAR	C	0.06%	0.03%	0.03%
MAS	C	0.05%	0.01%	0.01%
MCD	D	0.39%	0.01%	0.01%
MCO	A	0.06%	0.02%	0.02%
MDLZ	F	0.1%	0.03%	0.03%
MDT	D	0.1%	0.08%	0.08%
MET	C	0.1%	0.02%	0.02%
MKL	D	0.0%	0.01%	0.0%
MMC	A	0.2%	0.01%	0.01%
MO	A	0.34%	0.01%	0.01%
MRK	C	0.48%	0.01%	0.01%
MS	A	0.16%	0.05%	0.05%
MSFT	C	4.32%	0.01%	0.01%
MSI	B	0.14%	0.02%	0.02%
MUFG	B	0.24%	0.03%	0.03%
NEE	C	0.17%	0.01%	0.01%
NEM	A	0.08%	0.04%	0.04%
NKE	F	0.12%	0.01%	0.01%
NSC	D	0.07%	0.01%	0.01%
NVDA	C	4.31%	0.03%	0.03%
NXPI	B	0.11%	0.04%	0.04%
O	C	0.01%	0.02%	0.01%
OKE	A	0.2%	0.01%	0.01%
ORCL	B	0.35%	0.04%	0.04%
OTIS	B	0.12%	0.02%	0.02%
PCG	C	0.08%	0.01%	0.01%
PEG	B	0.06%	0.01%	0.01%
PEP	D	0.22%	0.02%	0.02%
PFE	C	0.23%	0.02%	0.02%
PG	D	0.64%	0.01%	0.01%
PGR	B	0.15%	0.01%	0.01%
PH	C	0.09%	0.02%	0.02%
PLD	C	0.15%	0.01%	0.01%
PM	A	0.39%	0.02%	0.02%
PRU	A	0.03%	0.01%	0.01%
PWR	D	0.02%	0.02%	0.02%
PYPL	D	0.09%	0.03%	0.03%
QCOM	C	0.31%	0.02%	0.02%
REG	B	0.0%	0.01%	0.0%
REGN	B	0.15%	0.02%	0.02%
ROK	C	0.04%	0.02%	0.02%
RPRX	D	0.1%	0.03%	0.03%
SBUX	F	0.16%	0.01%	0.01%
SCCO	C	0.1%	0.05%	0.05%
SCHW	C	0.15%	0.02%	0.02%
SHW	C	0.11%	0.01%	0.01%
SNA	D	0.06%	0.01%	0.01%
SPG	B	0.1%	0.01%	0.01%
SPGI	A	0.13%	0.03%	0.03%
SRE	B	0.01%	0.01%	0.01%
STE	D	0.04%	0.03%	0.03%
STZ	B	0.13%	0.02%	0.02%
SYK	C	0.14%	0.02%	0.02%
T	B	0.24%	0.01%	0.01%
TEL	A	0.11%	0.02%	0.02%
TGT	C	0.05%	0.02%	0.02%
TJX	A	0.1%	0.04%	0.04%
TMO	D	0.27%	0.01%	0.01%
TMUS	B	0.13%	0.03%	0.03%
TRV	D	0.08%	0.01%	0.01%
TXN	B	0.28%	0.02%	0.02%
UNH	D	0.61%	0.01%	0.01%
UNP	D	0.23%	0.01%	0.01%
UPS	F	0.07%	0.02%	0.02%
V	F	0.63%	0.02%	0.02%
VMC	C	0.08%	0.01%	0.01%
VRSK	B	0.14%	0.02%	0.02%
VTRS	C	0.04%	0.03%	0.03%
VZ	B	0.28%	0.01%	0.01%
WELL	B	0.06%	0.01%	0.01%
WFC	B	0.3%	0.01%	0.01%
WIT	B	0.04%	0.21%	0.04%
WMB	B	0.18%	0.01%	0.01%
WMT	B	0.29%	0.02%	0.02%
WRB	D	0.02%	0.01%	0.01%
WTRG	C	0.06%	0.02%	0.02%
XYL	D	0.13%	0.02%	0.02%
ZBH	F	0.06%	0.02%	0.02%
ZTS	C	0.12%	0.01%	0.01%

CRBN Overweight 243 Positions Relative to VCLT

Symbol	Grade	Weight
META	C	1.52%
GOOG	C	1.21%
TSLA	C	1.04%
NVO	C	0.64%
BRK.A	C	0.59%
NFLX	C	0.42%
TRGP	A	0.37%
AMD	C	0.37%
ADBE	C	0.33%
BKR	B	0.32%
NVS	B	0.31%
AME	C	0.29%
SLB	D	0.28%
FCX	C	0.26%
ACN	D	0.26%
TPL	B	0.25%
INTU	C	0.24%
IR	B	0.22%
ROP	C	0.21%
ISRG	B	0.21%
BKNG	C	0.2%
URI	C	0.2%
UBER	C	0.2%
ADP	F	0.2%
SONY	B	0.19%
FI	C	0.18%
APH	B	0.18%
MU	C	0.18%
VRTX	A	0.17%
NOW	C	0.17%
ELV	C	0.17%
SMFG	B	0.16%
AXON	D	0.16%
AER	B	0.15%
DEO	F	0.15%
ANET	C	0.15%
CMG	D	0.15%
GGG	D	0.14%
SSNC	B	0.14%
CTAS	B	0.14%
ABNB	D	0.14%
BLK	B	0.14%
RS	C	0.14%
IEX	D	0.14%
PANW	C	0.13%
PAYX	F	0.13%
NMR	C	0.13%
MELI	B	0.12%
SNPS	B	0.12%
PDD	D	0.12%
FAST	D	0.12%
CPRT	B	0.11%
BX	B	0.11%
LYG	A	0.11%
BCS	A	0.11%
GRMN	C	0.11%
CTVA	D	0.11%
CNI	D	0.11%
HUBB	D	0.1%
BK	A	0.1%
MFG	B	0.1%
MNST	D	0.1%
MRVL	C	0.1%
CDNS	C	0.1%
LI	F	0.09%
LNG	B	0.09%
PSA	B	0.09%
PNC	A	0.09%
KVUE	F	0.09%
WAB	D	0.09%
NTAP	B	0.09%
IDXX	D	0.08%
IQV	D	0.08%
CRWD	C	0.08%
MCHP	D	0.08%
KKR	B	0.08%
EFX	C	0.08%
HLT	B	0.08%
EW	B	0.08%
COIN	D	0.07%
COF	C	0.07%
VICI	C	0.07%
CTSH	C	0.07%
MPWR	C	0.07%
PLTR	B	0.07%
TFC	A	0.07%
KB	B	0.07%
GEN	B	0.07%
FFIV	C	0.07%
APO	A	0.07%
BR	B	0.07%
TER	B	0.07%
SHG	B	0.07%
VRT	D	0.07%
USB	B	0.07%
VEEV	D	0.07%
DGX	B	0.06%
CHKP	B	0.06%
ULTA	D	0.06%
LVS	F	0.06%
LULU	F	0.06%
SYF	A	0.06%
IBN	B	0.06%
DLTR	F	0.06%
DXCM	D	0.06%
UL	A	0.06%
IT	C	0.06%
TRMB	C	0.06%
PTC	C	0.06%
SMCI	C	0.06%
TTD	C	0.06%
HDB	C	0.05%
A	D	0.05%
CPAY	C	0.05%
SNOW	F	0.05%
IRM	B	0.05%
HST	D	0.05%
WTW	B	0.05%
ADSK	C	0.05%
YUM	F	0.05%
TRU	B	0.05%
DLR	B	0.05%
NTRS	B	0.05%
DFS	B	0.05%
ROST	A	0.05%
RIVN	C	0.05%
RCL	B	0.05%
FSLR	D	0.05%
AKAM	D	0.05%
DASH	F	0.05%
ODFL	C	0.05%
J	C	0.05%
FWONK	B	0.04%
WST	D	0.04%
CHT	F	0.04%
SQ	D	0.04%
WDAY	F	0.04%
ROL	C	0.04%
KEYS	D	0.04%
FICO	A	0.04%
MTB	A	0.04%
PSTG	B	0.04%
MTD	D	0.04%
ANSS	C	0.04%
STT	B	0.04%
CDW	D	0.04%
CSGP	F	0.04%
CEG	C	0.04%
COO	D	0.04%
FTNT	D	0.04%
SBAC	C	0.04%
LDOS	B	0.04%
AMP	B	0.04%
FCNCA	B	0.04%
TEVA	B	0.04%
APP	C	0.03%
DECK	D	0.03%
ENTG	B	0.03%
UTHR	B	0.03%
PINS	D	0.03%
ON	D	0.03%
TROW	B	0.03%
Z	C	0.03%
BIDU	D	0.03%
WYNN	F	0.03%
BAH	B	0.03%
TTWO	F	0.03%
SOLV	F	0.03%
DDOG	C	0.03%
DKNG	F	0.03%
ALGN	F	0.03%
MSTR	D	0.03%
TEAM	D	0.03%
PAYC	F	0.03%
DVA	C	0.03%
VLTO	D	0.03%
XRX	F	0.03%
GRAB	D	0.02%
OKTA	D	0.02%
BRO	B	0.02%
HOOD	C	0.02%
CELH	F	0.02%
ETSY	F	0.02%
GLBE	C	0.02%
TCOM	D	0.02%
TDG	D	0.02%
MRNA	D	0.02%
NDSN	D	0.02%
ENPH	F	0.02%
TFX	C	0.02%
RMD	D	0.02%
VRSN	D	0.02%
INVH	C	0.02%
ACM	D	0.02%
AZPN	F	0.02%
MGM	C	0.02%
OMC	C	0.02%
DAY	F	0.02%
ALLE	C	0.02%
GLPI	B	0.02%
SNAP	C	0.02%
DOCU	D	0.01%
AIZ	D	0.01%
RBLX	C	0.01%
EXAS	F	0.01%
PODD	C	0.01%
HTHT	F	0.01%
SWKS	B	0.01%
TOST	D	0.01%
MNSO	F	0.01%
XPEV	D	0.01%
TAL	F	0.01%
SE	B	0.01%
TYL	B	0.01%
PCTY	F	0.01%
ERIE	D	0.01%
NIO	F	0.01%
RVTY	C	0.01%
MTCH	D	0.01%
TW	D	0.01%
MKTX	D	0.01%
ZM	F	0.01%
NET	C	0.01%
CNC	D	0.01%
BBWI	F	0.01%
MDB	F	0.01%
HUBS	F	0.01%
LSCC	F	0.01%
EPAM	F	0.01%
WAT	D	0.01%
GDDY	C	0.01%
NLY	B	0.01%
ILMN	D	0.01%
POOL	F	0.0%
QFIN	C	0.0%
TME	B	0.0%
CRL	D	0.0%
RGEN	F	0.0%
ZTO	F	0.0%
CZR	D	0.0%
WBD	F	0.0%
ROKU	D	0.0%
CTLT	B	0.0%

CRBN Underweight 162 Positions Relative to VCLT

Symbol	Grade	Weight
DELL	C	-0.11%
WY	D	-0.07%
FOXA	A	-0.07%
DD	B	-0.07%
HPQ	C	-0.06%
CARR	B	-0.06%
CAG	F	-0.05%
TAP	F	-0.05%
WBA	F	-0.04%
DT	F	-0.04%
BHF	D	-0.04%
JNPR	B	-0.04%
HPE	B	-0.04%
BHP	C	-0.04%
ORI	C	-0.03%
FANG	B	-0.03%
AAL	F	-0.03%
WU	D	-0.03%
WRK	C	-0.03%
WM	B	-0.03%
NOV	C	-0.03%
MLM	D	-0.03%
OHI	A	-0.03%
LEA	F	-0.03%
CPT	B	-0.03%
PKG	C	-0.03%
RPM	D	-0.03%
CF	F	-0.03%
APD	D	-0.03%
DVN	D	-0.03%
VLO	D	-0.03%
RJF	D	-0.03%
PSX	D	-0.03%
MPLX	C	-0.03%
ALLY	A	-0.03%
WPC	C	-0.02%
PECO	C	-0.02%
STLD	C	-0.02%
FE	C	-0.02%
FMC	F	-0.02%
CMI	C	-0.02%
CINF	B	-0.02%
OGS	C	-0.02%
LHX	A	-0.02%
IVZ	C	-0.02%
HRL	F	-0.02%
HOG	D	-0.02%
SBRA	B	-0.02%
CPB	B	-0.02%
VMI	B	-0.02%
WHR	C	-0.02%
AVY	D	-0.02%
KSS	D	-0.02%
MKC	C	-0.02%
NWE	C	-0.02%
K	D	-0.02%
TCN	A	-0.02%
PAA	B	-0.02%
EMN	D	-0.02%
MOS	F	-0.02%
NDAQ	B	-0.02%
LNC	B	-0.02%
CP	C	-0.02%
NI	A	-0.02%
SWK	D	-0.02%
HES	D	-0.02%
CVX	D	-0.02%
DOW	F	-0.02%
TSN	D	-0.02%
MPC	F	-0.02%
EPD	B	-0.02%
NOC	F	-0.02%
COP	D	-0.02%
RTX	D	-0.02%
XOM	D	-0.02%
AZN	D	-0.02%
HSBC	D	-0.02%
VOD	B	-0.02%
GSK	D	-0.02%
GE	D	-0.02%
HIW	B	-0.01%
FRT	A	-0.01%
AGO	C	-0.01%
AMH	C	-0.01%
BWA	F	-0.01%
AVA	D	-0.01%
APTV	F	-0.01%
INGR	D	-0.01%
IDA	C	-0.01%
MAA	B	-0.01%
LXP	B	-0.01%
OPI	D	-0.01%
JD	D	-0.01%
SIGI	D	-0.01%
ADC	B	-0.01%
BEN	D	-0.01%
CACC	C	-0.01%
AES	D	-0.01%
PHM	C	-0.01%
PFG	C	-0.01%
VTR	A	-0.01%
OGE	B	-0.01%
RF	A	-0.01%
EE	C	-0.01%
BKH	C	-0.01%
SWX	D	-0.01%
VOYA	D	-0.01%
DOV	C	-0.01%
KRC	C	-0.01%
MDC	A	-0.01%
UDR	B	-0.01%
TT	A	-0.01%
UAL	D	-0.01%
KOF	D	-0.01%
EOG	B	-0.01%
CAH	F	-0.01%
PNW	B	-0.01%
SJM	F	-0.01%
RSG	A	-0.01%
DTE	C	-0.01%
JEF	A	-0.01%
IFF	B	-0.01%
HAS	D	-0.01%
EVRG	C	-0.01%
UNM	D	-0.01%
WEC	D	-0.01%
ATO	B	-0.01%
AEP	C	-0.01%
AEE	C	-0.01%
NNN	A	-0.01%
NUE	D	-0.01%
CNP	D	-0.01%
CMS	D	-0.01%
LNT	B	-0.01%
OC	C	-0.01%
XEL	D	-0.01%
WLK	D	-0.01%
PPL	D	-0.01%
GLW	B	-0.01%
JCI	C	-0.01%
HON	B	-0.01%
JBLU	C	-0.01%
KR	C	-0.01%
FDX	B	-0.01%
D	C	-0.01%
KMB	A	-0.01%
ETR	D	-0.01%
ADM	C	-0.01%
IP	C	-0.01%
KMI	A	-0.01%
GD	D	-0.01%
LYB	F	-0.01%
DUK	B	-0.01%
MRO	B	-0.01%
GM	B	-0.01%
CAT	D	-0.01%
LMT	D	-0.01%
ET	B	-0.01%
SO	B	-0.01%
SYY	D	-0.01%
MMM	B	-0.01%
BA	D	-0.01%