iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF

Frequently Asked Questions About PABD

What does PABD invest in?

This iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF aims to mirror the performance of an index that invests in large and mid-capitalization companies from developed markets outside the United States. The index is specifically engineered to meet the objectives of the Paris Agreement by collectively pursuing a trajectory of reduced carbon emissions, minimizing its susceptibility to climate-related physical and economic transition risks, and increasing its allocation to businesses poised for success in a low-carbon future.

What is the expense ratio of PABD?

iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF (PABD) charges an expense ratio of 0.12%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PABD?

iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF (PABD) manages $323.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is PABD actively managed or an index fund?

PABD is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PABD's is 0.12%) because there's no security selection cost.

When was PABD launched?

iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF (PABD) launched in January 2024 and is managed by IShares.

How has PABD performed?

PABD's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.