Key stats
About iShares Paris-Aligned Climate Optimized MSCI USA ETF
Home page
Inception date
Feb 8, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
PABU applies a climate approach to investing in US large- and mid-cap stocks. Stocks selected are considered favorably positioned for the transition to a low-carbon economy. The underlying index construction begins by removing stocks from the MSCI USA Index, the Parent Index, that are involved with civilian firearms, controversial weapons, nuclear weapons, oil and gas, oil sands, power generation, thermal coal mining and tobacco. Remaining companies are evaluated based on 5 broad categories for ESG impact: environment, human rights and communities, labor rights and supply chain, customers and governance. Selected holdings are weighted to emphasize those positioned to reduce greenhouse gas intensity. An optimizer is used to maintain sector exposure +/- 5% that of the parent index, except for the energy sector. The index is rebalanced semi-annually. A representative sampling of the index is used to manage exposure. The fund may lend up to one-third of the underlying securities. Prior to June 2, 2025 the fund name did not include the reference to the ESG score being optimized.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Health Technology
Stocks99.86%
Technology Services26.10%
Electronic Technology25.08%
Finance19.33%
Health Technology10.20%
Retail Trade4.49%
Consumer Durables3.62%
Producer Manufacturing2.63%
Consumer Services2.08%
Process Industries1.87%
Utilities1.74%
Commercial Services1.32%
Consumer Non-Durables0.60%
Health Services0.52%
Distribution Services0.15%
Transportation0.15%
Bonds, Cash & Other0.14%
Mutual fund0.13%
Cash0.01%
Stock breakdown by region
North America98.83%
Europe0.84%
Latin America0.32%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PABU invests in stocks. The fund's major sectors are Technology Services, with 26.10% stocks, and Electronic Technology, with 25.08% of the basket. The assets are mostly located in the North America region.
PABU top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 10.14% and 8.18% of the portfolio correspondingly.
PABU last dividends amounted to 0.14 USD. The quarter before, the issuer paid 0.11 USD in dividends, which shows a 20.77% increase.
PABU assets under management is 2.18 B USD. It's risen 2.45% over the last month.
PABU fund flows account for 9.09 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PABU pays dividends to its holders with the dividend yield of 0.98%. The last dividend (Jun 20, 2025) amounted to 0.14 USD. The dividends are paid quarterly.
PABU shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Feb 8, 2022, and its management style is Passive.
PABU expense ratio is 0.10% meaning you'd have to pay 0.10% of your investment to help manage the fund.
PABU follows the MSCI USA Climate Paris Aligned Benchmark Extended Select Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PABU invests in stocks.
PABU price has risen by 2.59% over the last month, and its yearly performance shows a 8.95% increase. See more dynamics on PABU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.14% over the last month, showed a 19.66% increase in three-month performance and has increased by 10.37% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.14% over the last month, showed a 19.66% increase in three-month performance and has increased by 10.37% in a year.
PABU trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.