iShares Paris-Aligned Climate Optimized MSCI USA ETF

iShares Paris-Aligned Climate Optimized MSCI USA ETF

About

iShares Paris-Aligned Climate Optimized MSCI USA ETF (US46436E4118) is a US-listed equity ETF tracking the MSCI USA Climate Paris Aligned Benchmark Extended Select Index. With a expense ratio of 0.1%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 96 positions across 1 region with 2.4B in assets, with heavy concentration — 100% in United States, 53% in Technology.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 8.9 Tracking Difference: 9.3 · TD Consistency: — · Expense Ratio: 8.1
Liquidity (25%) 9.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker PABU
ISIN
Fund Size $2.4B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Feb 2022
Base Currency USD
Index MSCI USA Climate Paris Aligned Benchmark Extended Select Index
Asset Class Equities
Category US Equity

Costs

8.9
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.10%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +24.48%
3 Years +20.93%
5 Years
10 Years
YTD +8.96%
Since Inception +12.20%

Holdings

This fund invests into 96 individual investments.
#1
NVIDIA Corp
9.34%
#2
Apple Inc
6.83%
#3
Microsoft Corp
5.88%
#4
Alphabet Inc
4.26%
#5
Broadcom Inc
4.13%
#6
Advanced Micro Devices Inc
3.87%
#7
Marvell Technology Inc
3.83%
#8
Tesla Inc
3.66%
#9
Eli Lilly & Co
3.14%
#10
International Business Machines Corp
2.54%
View all holdings (50)
# Holding Ticker Weight
1 NVIDIA Corp NVDA 933.81%
2 Apple Inc AAPL 682.71%
3 Microsoft Corp MSFT 588.29%
4 Alphabet Inc GOOG 426.27%
5 Broadcom Inc AVGO 413.00%
6 Advanced Micro Devices Inc AMD 386.80%
7 Marvell Technology Inc MRVL 382.87%
8 Tesla Inc TSLA 365.86%
9 Eli Lilly & Co LLY 313.95%
10 International Business Machines Corp IBM 253.50%
11 Oracle Corp ORCL 242.37%
12 Snowflake Inc SNOW 234.76%
13 Equinix Inc EQIX 218.85%
14 Prologis Inc PLD 211.74%
15 Meta Platforms Inc META 211.69%
16 Simon Property Group Inc SPG 211.25%
17 American Tower Corp AMT 199.42%
18 Digital Realty Trust Inc DLR 198.95%
19 ServiceNow Inc NOW 196.52%
20 Alphabet Inc GOOGL 190.62%
21 Amazon.com Inc AMZN 180.98%
22 Realty Income Corp O 172.85%
23 Astera Labs Inc ALAB 163.41%
24 Visa Inc V 149.65%
25 Mastercard Inc MA 143.59%
26 Autodesk Inc ADSK 125.85%
27 Analog Devices Inc ADI 107.69%
28 Texas Instruments Inc TXN 88.08%
29 Edison International EIX 85.15%
30 Salesforce Inc CRM 84.84%
31 Xylem Inc/NY XYL 83.37%
32 First Solar Inc FSLR 80.95%
33 AvalonBay Communities Inc AVB 75.91%
34 American Water Works Co Inc AWK 75.15%
35 IDEXX Laboratories Inc IDXX 68.64%
36 Equity Residential EQR 66.49%
37 KLA Corp KLAC 66.49%
38 Royalty Pharma PLC RPRX 63.05%
39 SBA Communications Corp SBAC 60.82%
40 Axon Enterprise Inc AXON 60.14%
41 IonQ Inc IONQ 58.99%
42 Zoetis Inc ZTS 55.45%
43 S&P Global Inc SPGI 54.32%
44 Essex Property Trust Inc ESS 54.28%
45 Aflac Inc AFL 52.19%
46 Kimco Realty Corp KIM 50.54%
47 F5 Inc FFIV 48.30%
48 BlackRock Funding Inc/DE BLK 45.03%
49 Annaly Capital Management Inc NLY 42.85%
50 Rivian Automotive Inc RIVN 40.93%

Sectors

Allocation by industry sector.
 
Sector Weight
Technology 5293.00%
Real Estate 1592.00%
Communication Services 844.00%
Financials 738.00%
Consumer Discretionary 602.00%
Health Care 556.00%
Industrials 192.00%
Utilities 160.00%
Unknown 23.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
United States 9978.00%
UNKNOWN 22.00%
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