Skip to content
etf.net

Launched

iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF

PABDNasdaqiSharesB

$68.05−2.04 (−2.91%)

At close: Nov 5, 2026, 4:00 PM ET

B69/ 100

Rank 6 of 18 in International ESG & Values Index

B69/100Rank 6 of 18inInternational ESG & Values Index
Intraday session: down, 77 prints from 70.09 to 68.05. Range 68.05 to 69.46. Use the arrow keys to read each point.68.5069.0069.5010 AM12 PM2 PM4 PM
Expense ratio
0.12%
Fund size
$332M
1Y total return
+11.0%
Yield · Last 12 months
3.06%
Holdings
417
Avg volume · 30D
1.27K sh
52W range
low $57.00high $71.88
Launched

The ETF.net PABD Grade

B

Score 69 out of 100

Category
International ESG & Values Index⁠
Rank
6 of 18
Six-pillar profile for PABD. Scores out of 100: Cost 88, Risk 37, Mission 100, Tradability 20, Holdings 76, Durability 37. Strongest: Mission (100). Weakest: Tradability (20). Leans toward Mission.

Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A88 out of 100
    Rank 2 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 15

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D37 out of 100
    Rank 15 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F20 out of 100
    Rank 18 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A76 out of 100
    Rank 5 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D37 out of 100
    Rank 17 of 18

Our read on PABD

ETF.net Research

In short

BMost international sustainable funds run a broad ESG scorecard. PABD aims at one target: carbon. It tracks an MSCI World ex USA Paris-aligned climate index across roughly 400 developed-market stocks outside the US, for 0.12% a year.

Stated mandate

The fund seeks to track an index of international developed companies aligned with the Paris Agreement, providing core equity exposure while targeting the low-carbon transition and reduced climate-related risks.

Why people hold it

  • Costs 0.12% a year, roughly half the typical fund in its international ESG peer group and under iShares' own broader ESG Aware EAFE fund, ESGD, at 0.20%.
  • Climate is the whole mandate, not a side filter: the index applies Paris-aligned screens rather than a general ESG rating, across about 400 developed-market names outside the US.ishares.com
  • The portfolio lines up with what the name promises, one of the more faithful implementations in its peer group, and it holds no US stocks by design.

Worth knowing

  • Thinly traded next to the household-name international funds, so bid-ask spreads can run wider and large orders need more care.
  • Launched in 2024, so the live record is short, and the climate screens shift sector and stock weights away from a plain World ex USA index.
  • Pays once or twice a year rather than quarterly, so distributions arrive in lumps.

PABD Performance

Launched Jan 17, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
PABD$11,101
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,934
Nov 5, 2025 to Nov 5, 2026. PABD $11,101. SPY $10,934. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 5, 2025 – Nov 5, 2026

Returns run to the Nov 5, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PABD. Periods over one year show the average yearly return.
PeriodPABD
Year to date+6.8%
1 month+0.2%
3 months−4.2%
1 year+11.0%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PABD
YearReturn barPABD
2026 YTD+6.8%
2025+30.1%
2024+5.3%

History from Jan 19, 2024

PABD in the news

PABD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 5, 2026.
3.06%Last 12 months
Payout per share
$2.08Last 12 months
Last payment
$1.01 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2024–2026

One bar per payment. 5 payments from 2024 to 2026 YTD. Jun 11, 2024 $0.71; Dec 17, 2024 $0.76; Jun 16, 2025 $0.70; Dec 16, 2025 $1.07; Jun 15, 2026 $1.01. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$1.01
Dec 16, 2025Dec 19, 2025$1.07
Jun 16, 2025Jun 20, 2025$0.70
Dec 17, 2024Dec 20, 2024$0.76
Jun 11, 2024Jun 17, 2024$0.71

$10,000 in PABD 1 year ago paid $331 in dividends.

PABD Risk

Risk pillarD37 out of 100Rank 15 of 18 in International ESG & Values Index
How much the fund’s monthly returns vary, scaled to a year.
12.2%
Annualised · 33 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.81
vs 3-month T-bills · 33 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−13.4%
33 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.64
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PABD Cost

Compare PABD and VSGX

Overpaying vs VSGX, cheapest in International ESG & Values Index

$414

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PABD 0.12%

    $2,520

  • VSGX 0.10% Cheapest

    $2,106

$10,000
30 years

Cost over time

  • PABD 0.12%
  • VSGX 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K051015202530PABD $2,520VSGX $2,106

Year by year

YearPABDVSGXOverpaying
10$220$183$37
20$859$717$142
30$2,520$2,106$414

Other funds in International ESG & Values Index

See others