PABD
iShares Paris-Aligned Climate MSCI World ex USA ETF
PABD invests in mid-cap stocks in developed markets excluding the US. The fund utilizes ESG criteria aligned with the Paris Climate Agreement when selecting and weighing securities.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 325.1 M
ASSETS UNDER MGMT
12 bp
EXPENSES
Fund Basics
| Inception date | Jan 17, 2024 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Semi-Annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ASML HOLDING NV | 3.0 % |
| NOVARTIS AG | 1.5 % |
| ROYAL BANK OF CANADA | 1.5 % |
| ABB LTD. | 1.4 % |
| HSBC HOLDINGS PLC | 1.4 % |
| ROCHE PS PAR AG | 1.3 % |
| ASTRAZENECA PLC | 1.3 % |
| SCHNEIDER ELECTRIC SA | 1.3 % |
| MURATA MANUFACTURING CO LTD | 1.2 % |
| TORONTO-DOMINION BANK | 1.1 % |
Constituent Breakdown
| Number of holdings | 422 |
| Herfindahl-Hirschman Index | 57 |
| Wgt avg mkt cap (mns) | $92,536 |
| Large cap (>$10bn) | 89.3% |
| Mid cap ($2-10bn) | 8.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
JAPAN | 19.3 % |
 |
CANADA | 13.5 % |
 |
BRITAIN | 9.3 % |
 |
SWITZERLAND | 9.1 % |
 |
FRANCE | 8.1 % |
 |
GERMANY | 6.4 % |
 |
AUSTRALIA | 5.4 % |
 |
NETHERLANDS | 5.0 % |
 |
SWEDEN | 3.2 % |
 |
SPAIN | 3.1 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 7.2% | 16.4% | 15.0% | -- | -- | -- | -- | 14.8% |
| Dividend Yield | 0.0% | 3.4% | 3.3% | -- | -- | -- | -- | 0.6% |
| Total Returns | 7.2% | 19.8% | 18.2% | -- | -- | -- | -- | 15.5% | Ann. Volatility | 20.0% | 15.6% | 16.2% | -- | -- | -- | -- | 15.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.02 | 59% |
| MSCI EAFE | 1.01 | 95% |
| MSCI Emg Mkts | 0.64 | 66% |
Liquidity Measures
| Avg. volume (000) | 8 |
| ADV traded (mns) | $1 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.25% |
Technical Indicators
| 30d moving avg. (EMA) | $67.92 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.56/0.47 |
| Bollinger Bands (Upper/Lower) | $69.87/$66.57 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. PABD |
Expenses vs. PABD |
ALTAR Score™ vs. PABD |
|---|---|---|---|---|
| EFAX | SPDR MSCI EAFE Fossil Fuel Reserves Free ETF | 58.2% | +8 bp | +0.4% |
| EFA | iShares MSCI EAFE ETF | 56.0% | +23 bp | +0.4% |
| HEFA | iShares Currency Hedged MSCI EAFE ETF | 55.7% | +23 bp | +0.4% |
| ESGD | iShares ESG Aware MSCI EAFE ETF | 53.1% | +8 bp | +0.5% |
| STXI | Strive International Developed Markets ETF | 52.6% | +17 bp | +1.1% |
| DBEF | Xtrackers MSCI EAFE Hedged Equity ETF | 51.7% | +24 bp | +0.0% |
| BBIN | JPMorgan BetaBuilders International Equity ETF | 51.3% | -5 bp | +0.6% |
| IDEV | iShares Core MSCI International Developed Markets ETF | 50.2% | -8 bp | +0.6% |
| BKIE | BNY Mellon International Equity ETF | 50.0% | -8 bp | +0.7% |
| IEFA | iShares Core MSCI EAFE ETF | 49.3% | -5 bp | +0.7% |
Risk and Returns: PABD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.7%
ALTAR SCORE™
41st
PERCENTILE
NEUTRAL
ETFRC RATING
There are 415 funds in the International Equity category with an average
ALTAR Score™ of 6.1% and a standard deviation
of 1.6%. PABD's ALTAR Score™ is approximately -0.2 standard
deviations above the category average. This places PABD in the 41st percentile
among funds in the category.
Sell-Side Consensus
$75.79
PRICE TARGET
+9.1%
UPSIDE