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PABD - ETF AI Analysis
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iShares Paris-Aligned Climate MSCI World ex USA ETF (PABD)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, including ASML Holding NV and Roche Holding AG, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Low Expense Ratio
The ETF has a very low expense ratio compared to industry averages, helping investors keep more of their returns.
Global Diversification
The fund provides exposure to a wide range of countries, including Japan, the UK, and Canada, reducing reliance on any single economy.
Negative Factors
Lagging Holdings
Some top holdings, such as SAP SE and LVMH Moet Hennessy Louis Vuitton, have underperformed year-to-date, potentially dragging on overall performance.
Sector Concentration in Financials
The ETF has significant exposure to the financial sector, which could increase vulnerability to sector-specific risks.
Limited U.S. Exposure
With only 11% of its portfolio allocated to U.S. companies, the fund may miss out on opportunities in the world's largest economy.
PABD vs. SPDR S&P 500 ETF (SPY)
AUM288.76M
RegionDeveloped Markets
Expense Ratio0.12%
Beta0.71
IssueriShares
Inception DateJan 17, 2024
Dividend Yield2.26%
Asset ClassEquity
Index TrackedMSCI World ex USA Climate Paris Aligned Benchmark Extended Select Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume8,757
30 Day Avg. Volume18,519
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
71.33Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering418
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PABD Summary
The iShares Paris-Aligned Climate MSCI World ex USA ETF (PABD) is an investment fund focused on companies outside the U.S. that are actively reducing their carbon footprints and aligning with global climate goals like the Paris Agreement. It tracks the MSCI World ex USA Climate Paris Aligned Index and includes well-known companies such as ASML Holding NV and Novartis AG. This ETF is ideal for investors looking to support sustainability while diversifying internationally. However, since it excludes U.S. companies, its performance may be impacted by global economic trends outside the U.S.
How much will it cost me?The iShares Paris-Aligned Climate MSCI World ex USA ETF (PABD) has an expense ratio of 0.12%, meaning you’ll pay $1.20 per year for every $1,000 invested. This is lower than average because it’s passively managed, tracking an index rather than relying on active stock-picking strategies.
What would affect this ETF?Positive drivers for PABD include the growing global focus on sustainability and climate action, which could benefit companies aligned with the Paris Agreement goals. However, economic slowdowns in developed markets outside the U.S. or regulatory changes affecting key sectors like financials and technology could negatively impact the ETF's performance.
PABD Top 10 Holdings
The iShares Paris-Aligned Climate MSCI World ex USA ETF (PABD) leans heavily into sustainability-focused international equities, with a notable concentration in financials and industrials. Roche Holding AG has been a standout performer, buoyed by strong cash flow and strategic pharmaceutical initiatives, while AstraZeneca has also contributed positively with robust revenue growth. On the flip side, SAP SE has been a drag on performance, facing bearish momentum and valuation concerns. The fund’s global exposure, excluding the U.S., offers a diversified yet climate-conscious portfolio, though its sectoral tilt may amplify risks tied to specific industries.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ASML Holding NV | 2.19% | $6.34M | €359.41B | 38.64% | 76 Outperform | |
| Novartis AG | 1.39% | $4.04M | CHF201.70B | 20.35% | 80 Outperform | |
| Royal Bank Of Canada | 1.37% | $3.98M | $233.70B | 33.22% | 75 Outperform | |
| AstraZeneca | 1.37% | $3.96M | £210.78B | 28.65% | 80 Outperform | |
| Roche Holding AG | 1.36% | $3.94M | CHF254.23B | 37.41% | 73 Outperform | |
| SAP SE | 1.28% | $3.71M | €244.28B | -13.49% | 66 Neutral | |
| Schneider Electric | 1.25% | $3.63M | €134.70B | -3.37% | 62 Neutral | |
| HSBC Holdings | 1.17% | $3.38M | HK$1.99T | 45.21% | 80 Outperform | |
| ABB Ltd | 1.05% | $3.06M | kr1.24T | 13.44% | 78 Outperform | |
| Allianz | 0.98% | $2.85M | €145.42B | 25.87% | 67 Neutral |
PABD Technical Analysis
Positive
―
Price Trends
63.64
Positive
62.62
Positive
59.71
Positive
Market Momentum
0.38
Negative
59.27
Neutral
90.56
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PABD, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 63.40, equal to the 50-day MA of 63.64, and equal to the 200-day MA of 59.71, indicating a bullish trend. The MACD of 0.38 indicates Negative momentum. The RSI at 59.27 is Neutral, neither overbought nor oversold. The STOCH value of 90.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PABD.
PABD Peer Comparison
Comparison Results
Performance Comparison
PABD
iShares Paris-Aligned Climate MSCI World ex USA ETF
64.72
12.47
23.87%
FINX
Global X Fintech Etf
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―
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LCTD
BlackRock World ex U.S. Carbon Transition Readiness ETF
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SNSR
Global X Internet of Things ETF
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―
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IFGL
iShares International Developed Real Estate ETF
―
―
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FEDM
FlexShares ESG & Climate Developed Markets ex-US Core Index Fund ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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