Skip to content
Find an ETF
← All ETFs

Available in 10 markets

iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF

iShares · US46438G7299

iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker PABD (ISIN US46438G7299). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when…

· Tracks the MSCI World Climate Paris-Aligned index ?
Equity ?Unknown Physical ?
Low yearly feeOwns the shares directlyGlobal
Find funds like this

Opens the screener with this filter applied.

Fund size (AUM) ?
€0
1-year return ?
+10.8%
Price Return · to 2026-07-23
Yearly fee (TER) ?
0.12%
All-in cost ≈ 0.00%

About this fund

What you own

The MSCI World 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).

Read more

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

0.12%Yearly fee (TER)
0.00%All-in cost

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

Read more

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 World Climate Paris-Aligned
Replication ?
Physical
Full — buys every share
Launched
Jan 2024

Performance

96.4108119130141202420252026

Growth of $100 invested — the line starts at $100.

iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

YTD+5.3%
1 year+10.8%

How bumpy has it been?

16.2%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-14.6%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.

The bigger picture

+35.9%
Since inception
Total growth since launch — about +13.1% a year.
+36.3%
Best 12 months
The strongest one-year stretch on record.
-6.7%
Worst 12 months
The weakest one-year stretch on record.
-14.6%
Worst fall on record ?
It clawed back in about 1 month.

Where to buy this fund

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

Where it trades

ExchangeTickerCurrency
NYSEPABDUSD★ Primary
USD listings
E1PABDUSDUSD
EOPABDUSDUSD
EUPABDUSDUSD
NasdaqPABDUSD
NYSE ArcaPABDUSD
OCPABDUSD
ODPABDUSD
UAPABDUSD
UBPABDUSD
UCPABDUSD
UDPABDUSD
UFPABDUSD
UMPABDUSD
USPABDUSD
UXPABDUSD
VFPABDUSD
VGPABDUSD
VJPABDUSD
VKPABDUSD
VLPABDUSD
VPPABDUSD
VYPABDUSD
X1PABDUSDUSD
X2PABDUSDUSD
XAPABDUSDUSD
XETRAPABDUSD
XFPABDUSDUSD
XGPABDUSDUSD
XHPABDUSDUSD
XJPABDUSDUSD
XLPABDUSDUSD
XOPABDUSDUSD
XQPABDUSDUSD
XTPABDUSDUSD
XUPABDUSDUSD
XVPABDUSDUSD
XWPABDUSDUSD
XXPABDUSDUSD
XYPABDUSDUSD
XZPABDUSDUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

How it ranks vs peers

🪙 Cheaper than 93% of similar ETFs📈 Higher 1-yr return than 14%📊 Behind its category by 14.1% (1-yr) (category average +24.9%)

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

Advanced risk

11.1%
Downside deviation ?
75%
Up months (hit rate) ?
$70.12
52-week high ?
$58.68
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🌍 Global stocks
Compare side by side
6 similar funds
iShares Paris-Aligned Climate Optimized MSCI World ex USA ETFiSharesYou're viewingiShares Core MSCI World UCITS ETFiSharesBroader matchiShares Core MSCI World UCITS ETFiSharesBroader matchiShares Core MSCI World UCITS ETFiSharesBroader matchiShares Core MSCI World UCITS ETFiSharesBroader matchState Street® SPDR® Portfolio Developed World ex-US ETFSPDRBroader matchiShares MSCI ACWI UCITS ETFiSharesBroader match
Why it's similarThis is the fund on this page.
StocksPhysical
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.
StocksPhysical
Tracks a different index in the same category.
StocksUnknownPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysical
Tracks a different index in the same category.
Index trackedMSCI World Climate Paris-AlignedMSCI WorldMSCI WorldMSCI WorldMSCI WorldS&P Developed Ex-U.S. BMI IndexMSCI ACWI
Yearly fee (TER)0.12%0.30%0.30%0.20%0.20%0.03%0.20%
All-in cost0.00%0.30%0.00%0.00%0.20%0.00%0.00%
Fund size€0€168.4B€146.5B€128.1B€127.6B€35.8B€30.7B
DomicileIrelandIrelandIrelandIrelandUnited StatesIreland
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+16.8%+17.8%+18.3%+15.9%
5-yr return p.a.+9.7%+9.3%+11.3%+6.5%
# holdings1,3561,3561,3561,3562,4691,738

The fund on this page stays pinned on the left — scroll or use ‹ › to compare it against each one.

Open the full comparison tool →
Data as of 2026-07-23 · Source: issuer data, compiled by Finance Hamster

New to ETFs? Start with the basics →

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.