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PABU vs NZAC

iShares Paris-Aligned Climate Optimized MSCI USA ETF vs State Street SPDR MSCI ACWI Climate Paris Aligned ETF

PABU

iShares Paris-Aligned Climate Optimized MSCI USA ETF

iShares

Annual cost

0.10%

Fund size

$2.3B

NZAC

State Street SPDR MSCI ACWI Climate Paris Aligned ETF

State Street Investment Management

Annual cost

0.12%

Fund size

$188M

Key differences

  • PABU is significantly larger than NZAC — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, PABU has delivered higher annualized returns.
  • NZAC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PABUNZAC
Annual cost (TER)0.10%0.12%
Fund size (AUM)$2.3B$188M
Since20222014
Dividend yield0.93%1.83%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+23.4%+24.7%
CAGR 3Y+20.5%+19.3%
CAGR 5YN/A+10.2%
Sharpe 3Y1.021.02
Volatility 1Y13.38%12.95%
Max drawdown-20.84%-33.72%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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