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iShares Paris-Aligned Climate Optimized MSCI USA ETF

iShares · US46436E4118

iShares Paris-Aligned Climate Optimized MSCI USA ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker PABU (ISIN US46436E4118). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when…

· Tracks the MSCI USA Climate Paris-Aligned index ?
Equity ?Unknown Physical ?
Low yearly feeOwns the shares directlyUnited States
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Fund size (AUM) ?
€0
1-year return ?
+8.1%
Price Return · to 2026-07-23
Yearly fee (TER) ?
0.10%
All-in cost ≈ 0.00%

About this fund

What you own

The MSCI USA Climate Paris-Aligned index is the benchmark this fund aims to copy.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.10%Yearly fee (TER)
0.00%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
MSCI USA Climate Paris-Aligned
Replication ?
Physical
Full — buys every share
Launched
Feb 2022
4-year track record

Performance

98.599.199.7100101202520252025

Growth of $100 invested — both lines start at $100.

iShares Paris-Aligned Climate Optimized MSCI USA ETF Average MSCI USA Climate Paris-Aligned ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+1.4%
1 year+8.1%
3 years+13.6%

Return, year by year

+28.0
+23.5
+12.0
'23'24'25
3 of 3 up yearsBest: 2023 +28.0%Worst: 2025 +12.0%Calendar-year total returns, in USD

How bumpy has it been?

14.6%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-21.2%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.82
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+50.6%
Since inception
Total growth since launch — about +10.1% a year.
+43.1%
Best 12 months
The strongest one-year stretch on record.
-8.5%
Worst 12 months
The weakest one-year stretch on record.
-21.2%
Worst fall on record ?
It clawed back in about 9 months.

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
NYSEPABUUSD★ Primary
USD listings
E1PABUUSDUSD
EOPABUUSDUSD
EUPABUUSDUSD
NasdaqPABUUSD
NYSE ArcaPABUUSD
OCPABUUSD
ODPABUUSD
UAPABUUSD
UBPABUUSD
UCPABUUSD
UDPABUUSD
UFPABUUSD
UMPABUUSD
USPABUUSD
UXPABUUSD
VFPABUUSD
VJPABUUSD
VKPABUUSD
VYPABUUSD
X1PABUUSDUSD
X2PABUUSDUSD
XAPABUUSDUSD
XEPABUUSDUSD
XETRAPABUUSD
XFPABUUSDUSD
XGPABUUSDUSD
XHPABUUSDUSD
XJPABUUSDUSD
XLPABUUSDUSD
XOPABUUSDUSD
XQPABUUSDUSD
XUPABUUSDUSD
XVPABUUSDUSD
XWPABUUSDUSD
XXPABUUSDUSD
XYPABUUSDUSD
XZPABUUSDUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

How it ranks vs peers

🪙 Cheaper than 82% of similar ETFs📈 Higher 1-yr return than 15%📈 Higher 3-yr return than 34%📊 Behind its category by 9.6% (1-yr) (category average +17.7%)📊 Behind its category by 1.5% (3-yr) (category average +15.0%)

Versus the Equity (stocks) · United States · USD ETFs we track.

Advanced risk

1.19
Sortino (3y) ?
0.64
Calmar (3y) ?
10.4%
Downside deviation ?
42%
Up months (hit rate) ?
$80.55
52-week high ?
$64.16
52-week low ?

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 United States stocks
Compare side by side
6 similar funds
iShares Paris-Aligned Climate Optimized MSCI USA ETFiSharesYou're viewingState Street® SPDR® S&P 500® ETF TrustSPDRBroader matchiShares Core S&P 500 UCITS ETFiSharesBroader matchiShares Core S&P 500 UCITS ETFiSharesBroader matchState Street® SPDR® Portfolio S&P 500® ETFSPDRBroader matchiShares Core S&P 500 UCITS ETFiSharesBroader matchSchwab U.S. Dividend Equity ETFSchwabBroader match
Why it's similarThis is the fund on this page.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysical
Tracks a different index in the same category.
StocksPhysical
Tracks a different index in the same category.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
Index trackedMSCI USA Climate Paris-AlignedS&P 500 IndexS&P 500S&P 500S&P 500 IndexS&P 500
Yearly fee (TER)0.10%0.09%0.10%0.10%0.02%0.07%0.06%
All-in cost0.00%0.00%0.10%0.00%0.00%0.07%0.00%
Fund size€0€689.2B€180.8B€154.3B€140.4B€134B€88.7B
DomicileUnited StatesIrelandIrelandUnited StatesIrelandUnited States
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+13.6%+17.4%+17.5%+17.4%+19.4%+10.2%
5-yr return p.a.+11.0%+10.2%+11.0%+12.8%+5.5%
# holdings505511511508511103

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Data as of 2026-07-23 · Source: issuer data, compiled by Finance Hamster

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Finance Hamster provides educational information about ETFs and investing. It is not investment, tax, or legal advice, and not a recommendation to buy or sell any security. Markets carry risk; do your own research or consult a licensed adviser.