ETF Evaluator:
iSharesParis-AlgndClmOptdMSCIWldexUSAETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Foreign Large Blend Over the Last Year
| 53.2% | Pacer Nasdaq International Ptnt Ldrs ETF (PATN) |
| 37.0% | Touchstone Dynamic International ETF (TDI) |
| 36.8% | Harbor International Equity ETF (EPIN) |
| 34.8% | First Eagle Overseas Equity ETF (FEOE) |
| 33.8% | Lazard International Dynamic Equity ETF (IDEQ) |
Risk
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Risk
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ETF Details
iSharesParis-AlgndClmOptdMSCIWldexUSAETF Overview
iSharesParis-AlgndClmOptdMSCIWldexUSAETF (PABD) is a passively managed International Equity Foreign Large Blend exchange-traded fund (ETF). iShares launched the ETF in 2024.
The investment seeks to track the investment results of MSCI World ex USA Climate Paris Aligned Benchmark Extended Select Index.
The index is composed of large- and mid-cap developed market equities, excluding the U.S., that are selected and weighted so that, in the aggregate, the portfolio is compatible with the objectives of the Paris Agreement by following a decarbonization trajectory, reducing exposure to climate-related transition and physical risks and increasing exposure to companies favorably positioned for the transition to a low-carbon economy. The fund generally will invest at least 90% of its assets in the component securities of its index.
About iSharesParis-AlgndClmOptdMSCIWldexUSAETF (PABD)
There are 4 members of the management team with an average tenure of 1.63 years: Jennifer Hsui (2024), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: MSCI World ex USA Cmt Paris Aligd NR USD index with a weighting of 100%. iSharesParis-AlgndClmOptdMSCIWldexUSAETF has 426 securities in its portfolio. The top 10 holdings constitute 14.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
iSharesParis-AlgndClmOptdMSCIWldexUSAETF is part of the Equity global asset class and is within the International Equity ETF group. iSharesParis-AlgndClmOptdMSCIWldexUSAETF has 97.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.7% There is 97.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iSharesParis-AlgndClmOptdMSCIWldexUSAETF has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $330 million in total assets, which is below the $9 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
PABD Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iSharesParis-AlgndClmOptdMSCIWldexUSAETF expense ratio is low compared to funds in the Foreign Large Blend category. iSharesParis-AlgndClmOptdMSCIWldexUSAETF has an expense ratio of 0.12%, which is 70% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iSharesParis-AlgndClmOptdMSCIWldexUSAETF has a portfolio turnover rate of 18%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 38% for the Foreign Large Blend category.
Recently, in the month of July 2026, iSharesParis-AlgndClmOptdMSCIWldexUSAETF returned 0.3%, which earned it a grade of D, as the Foreign Large Blend category had an average return of 1.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iSharesParis-AlgndClmOptdMSCIWldexUSAETF has a trailing yield of 3.01%, which is above the 2.56% category average.
The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iSharesParis-AlgndClmOptdMSCIWldexUSAETF Grades
Year to date, the ETF has returned 9.0%, 3.1 percentage points worse than the category, which translates into a grade of F. The fund has returned 22.2% over the past year (grade of F).
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PABD Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PABD Return (NAV) | 0.3% | 3.8% | 22.2% | na | na | na |
| PABD Return (Price) | 0.3% | 4.0% | 21.8% | na | na | na |
| NAV +/- Price Return | -0.046% | -0.183% | 0.335% | na | na | na |
| Foreign Large Blend Avg | 1.1% | 4.4% | 25.0% | 16.4% | 9.2% | 9.3% |
| PABD Grade (NAV) | D | D | F | na | na | na |
| +/- Category (NAV) | -0.8% | -0.5% | -2.9% | na | na | na |
| PABD Tax-Cost Ratio | na | na | 1.1% | na | na | na |
PABD Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PABD Return (NAV) | 9.0% | 29.8% | na | na | na | na | na | na | na | na | na |
| PABD Return (Price) | 9.0% | 30.1% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.002% | 0.008% | na | na | na | na | na | na | na | na | na |
| Foreign Large Blend Avg | 12.1% | 31.2% | 5.2% | 16.9% | -14.7% | 10.3% | 8.8% | 22.0% | -13.2% | 24.6% | 1.9% |
| PABD Grade (NAV) | F | D | na | na | na | na | na | na | na | na | na |
| +/- Category | -3.1% | -1.3% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 3.0% |
| Total Assets: | $ 330 Mil |
| Share Class Assets: | $ 330 Mil |
| Turnover: | 18.0% |
| Expense Ratio: | 0.12% |
| Index Fund: | Yes |
| Index Tracked: | MSCI World ex USA Cmt Paris Aligd NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 2.5 years | |||
| Average Tenure: 1.6 years | |||
| Managers (Year): Hsui Jennifer (2024), Sietsema Peter (2025), Waldron Matt (2025), White Steven (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 426 |
| % in Top 10 Holdings: | 14.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 97.6% |
Portfolio Allocation |
|
| Domestic Stock: | 1.7% |
| Foreign Stock: | 97.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.3% |
| Cash: | 0.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | iShares |
| Phone Number: | 800-474-2737 |
| Website: | au.ishares.com |
| Inception Date: | January 17, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.12% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.40% |
