iShares Paris-Aligned Climate Optimized MSCI USA ETF

Frequently Asked Questions About PABU

What does PABU invest in?

The PABU iShares Paris-Aligned Climate Optimized MSCI USA ETF aims to replicate the investment performance of an underlying index. This index comprises a selection of large and mid-sized American companies, specifically chosen to align with the climate goals of the Paris Agreement. It achieves this by collectively driving a reduction in carbon emissions across its portfolio, decreasing its vulnerability to climate-related systemic and physical risks, and strategically increasing its allocation to businesses well-positioned for the global transition to a low-carbon economy.

What is the expense ratio of PABU?

iShares Paris-Aligned Climate Optimized MSCI USA ETF (PABU) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PABU?

iShares Paris-Aligned Climate Optimized MSCI USA ETF (PABU) manages $2.44B 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 PABU actively managed or an index fund?

PABU 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 (PABU's is 0.10%) because there's no security selection cost.

When was PABU launched?

iShares Paris-Aligned Climate Optimized MSCI USA ETF (PABU) launched in February 2022 and is managed by IShares.

How has PABU performed?

PABU'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.