Is iShares MSCI ACWI Low Carbon Target ETF (CRBN) a Strong ETF Right Now?

Core Viewpoint - The iShares MSCI ACWI Low Carbon Target ETF (CRBN) is a smart beta ETF that aims to provide broad exposure to the global market while focusing on low carbon emissions [1][5]. Fund Overview - Launched on December 8, 2014, CRBN has accumulated over $1.03 billion in assets, positioning it as one of the larger ETFs in the World ETFs category [1][5]. - The fund is sponsored by Blackrock and seeks to match the performance of the MSCI ACWI Low Carbon Target Index, which addresses carbon emissions and potential emissions from fossil fuel reserves [5]. Cost and Performance - CRBN has an annual operating expense ratio of 0.20%, making it one of the least expensive options in its category [6]. - The fund's 12-month trailing dividend yield is 1.86% [6]. - As of August 5, 2025, CRBN has returned approximately 11.36% and is up about 20.97% year-to-date [9]. Holdings and Sector Exposure - The top 10 holdings of CRBN account for about 23.1% of its total assets, with Nvidia Corp (NVDA) making up approximately 4.68% of the fund [7][8]. - The fund holds around 1020 different stocks, effectively diversifying company-specific risk [10]. Risk Profile - CRBN has a beta of 0.94 and a standard deviation of 15.70% over the trailing three-year period, indicating it is a low-risk choice within its category [10].