PABDiShares Paris-Aligned Climate Optimized MSCI World ex USA ETF

Grow my money2y track recordRanked #867 of 2,960 in this goal

Seeks to track the investment results of an index composed of large- and mid-capitalization developed market equities, excluding the U.S., compatible with the objectives of the Paris Agreement.

By iShares · Launched 2024

Annual Cost

0.12%

#606 of 5,562 · low cost

Fund Size

$325M

#1,897 of 5,562 · mid-size

Return (1Y)Goal

+22.1%

Track Record

2 years

#3,408 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,203+22.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global ex-US

Cap

Multi cap

Strategy

Index tracking

Focus

ESG

Index tracked

MSCI World ex USA Climate Paris Aligned Benchmark Extended Select Index

What it actually holds

By weight

Concentration

Top 10 holdings = 13.2% of fund✓ well diversified

ASML Holding NV

2.1%

AstraZeneca PLC

1.4%

Novartis AG

1.4%

Roche Holding AG

1.3%

Royal Bank of Canada

1.3%

SAP SE

1.3%

Schneider Electric SE

1.2%

HSBC Holdings PLC

1.1%

ABB Ltd

1.0%

LVMH Moet Hennessy Louis Vuitton SE

1.0%

Asset allocation

Stocks

99.0%

Cash

0.8%

Other

0.3%

By sector

Financial Services

28.9%

Industrials

16.4%

Technology

13.4%

Healthcare

12.1%

Real Estate

6.5%

Basic Materials

5.4%

Consumer Cyclical

4.6%

Utilities

4.6%

Other

8.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.9%Moderate

Year-on-year price swings

Max drawdown

-13.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to track the investment results of an index composed of large- and mid-capitalization developed market equities, excluding the U.S., compatible with the objectives of the Paris Agreement.
Strategy: Tracks the MSCI World ex USA Climate Paris Aligned Benchmark Extended Select Index, composed of large- and mid-capitalization developed market equities, excluding the U.S. The Index aims to exceed minimum standards for a Paris-Aligned Benchmark under the EU's Low Carbon Benchmark Regulation, targeting a 50% reduction in greenhouse gas intensity compared to the Parent Index. The Fund invests at least 90% of its assets in the Index components and may use representative sampling to manage the Fund.
Inception date: January 17, 2024
Fund family: iShares