PABUiShares Paris-Aligned Climate Optimized MSCI USA ETF

Grow my money4y track recordRanked #386 of 2,960 in this goal

Seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks designed to be compatible with the objectives of the Paris Agreement.

By iShares · Launched 2022

Annual Cost

0.10%

#539 of 5,562 · low cost

Fund Size

$2.6B

#628 of 5,562 · large

Return (1Y)Goal

+19.1%

Track Record

4 years

#2,607 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,974+19.7%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Focus

ESG

Index tracked

MSCI USA Climate Paris Aligned Benchmark Extended Select Index

What it actually holds

By weight

Concentration

Top 10 holdings = 46.1% of fundmoderately concentrated

NVIDIA CORPORATION

9.1%

MICROSOFT CORPORATION

7.6%

APPLE INC.

7.3%

TESLA, INC.

4.1%

ALPHABET INC.

3.9%

ELI LILLY AND COMPANY

3.2%

BROADCOM INC.

3.2%

AMAZON.COM, INC.

2.9%

META PLATFORMS, INC.

2.5%

PROLOGIS, INC.

2.3%

Asset allocation

Stocks

100.6%

By sector

Technology

53.8%

Real Estate

16.0%

Communication

8.5%

Financial Services

6.7%

Consumer Cyclical

6.4%

Healthcare

5.4%

Industrials

1.6%

Utilities

1.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

14.2%Moderate

Year-on-year price swings

Max drawdown

-20.8%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.87Decent risk-adjusted returns

Sortino (3Y)

1.26Good downside protection

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks designed to be compatible with the objectives of the Paris Agreement.
Strategy: Tracks the MSCI USA Climate Paris Aligned Benchmark Extended Select Index, composed of U.S. large- and mid-cap stocks selected to follow a decarbonization trajectory and reduce climate-related risks. The Index aims to exceed Paris-Aligned Benchmark standards, 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, aiming to keep portfolio turnover low compared to actively managed funds.
Inception date: February 8, 2022
Fund family: iShares