PABUiShares Paris-Aligned Climate Optimized MSCI USA ETF
Tracks the investment results of the MSCI USA Climate Paris Aligned Benchmark Extended Select Index.
By iShares · Launched 2022
Annual Cost
0.10%
#408 of 5,854 · low cost
Fund Size
$2.5B
#668 of 5,854 · large
Return (1Y)Goal
+11.7%
Track Record
4 years
#2,545 of 5,854 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,209+12.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaCap
Multi cap
Strategy
Index tracking
Focus
ESG
Index tracked
MSCI USA Climate Paris Aligned Benchmark Extended Select Index
What it actually holds
By weightConcentration
Top 10 holdings = 45.5% of fundmoderately concentrated
NVIDIA CORPORATION
9.6%
APPLE INC.
7.3%
MICROSOFT CORPORATION
6.4%
ALPHABET INC.
4.0%
TESLA, INC.
4.0%
ELI LILLY AND COMPANY
3.3%
AMAZON.COM, INC.
2.8%
EQUINIX, INC.
2.7%
BROADCOM INC.
2.7%
PROLOGIS, INC.
2.7%
Asset allocation
Stocks
99.8%
Cash
0.1%
By sector
Technology
52.8%
Real Estate
16.3%
Communication
8.2%
Financial Services
7.0%
Consumer Cyclical
6.3%
Healthcare
5.9%
Industrials
1.9%
Utilities
1.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
14.7%Moderate
Year-on-year price swings
Max drawdown
-20.8%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.74Decent risk-adjusted returns
Sortino (3Y)
1.07Good downside protection
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Tracks the investment results of the MSCI USA Climate Paris Aligned Benchmark Extended Select Index.
- Strategy
- Invests primarily in U.S. large- and mid-capitalization stocks that are selected to align with the Paris Agreement objectives. The Fund uses a representative sampling indexing strategy to track the Underlying Index, which aims to reduce climate-related risks and increase exposure to companies favorably positioned for the low-carbon transition.
- Inception date
- February 8, 2022
- Fund family
- iShares
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Data updated on 2026-08-03