USA Passive

iShares Paris-Aligned Climate Optimized MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks that is designed to be compatible with the objectives of the Paris Agreement by, in aggregate, 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.

$78.14

Key Metrics

TER 0.10% per year
Distribution policy Distributing
Fund size USD 2,636 M
Inception date February 7, 2022
Holdings 133
Fund currency USD
Fund domicile US
Provider iShares
For full official fund details, factsheets, and holdings, visit ishares.com (opens in new tab).

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Historical Return

Last updated: Sep 01, 2026
1 Year +14.8% +0.9% Div
3 Years (avg.) +16.4% +0.9% Div
5 Years (avg.) +8.8% +0.9% Div

Risk & Analysis Metrics

Last updated: Sep 01, 2026

Volatility

13.79% 1 Year
15.86% 3 Years
18.06% 5 Years
18.06% 10 Years

Max Drawdown

-13.88% 1 Year
-21.24% 3 Years
-25.35% 5 Years
-25.35% 10 Years

Sharpe Ratio

0.66 1 Year
0.71 3 Years
0.36 5 Years
0.36 10 Years

Return Triangle (Heatmap)

Last updated: Sep 01, 2026
2022 2023 2024 2025
2022 -20.5% 1.1% 8.3% 9.4%
2023 28.6% 26.4% 21.6%
2024 24.3% 18.3%
2025 12.6%

Distributions

*by ETF Portfolio Weight Last updated: Sep 01, 2026

Profit Margin Distribution

< 0%
1%
1y 3y N/A N/A
0 - 5%
7%
1y 3y N/A N/A
5 - 10%
2%
1y 3y N/A N/A
10 - 15%
4%
1y 3y N/A N/A
15 - 20%
14%
1y 3y N/A N/A
20 - 30%
24%
1y 3y N/A N/A
30 - 40%
16%
1y 3y N/A N/A
> 40%
33%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
1%
1y 3y N/A N/A
0 - 10
2%
1y 3y N/A N/A
10 - 15
3%
1y 3y N/A N/A
15 - 20
9%
1y 3y N/A N/A
20 - 25
15%
1y 3y N/A N/A
25 - 35
33%
1y 3y N/A N/A
35 - 50
17%
1y 3y N/A N/A
> 50
22%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
0.0%
1y 3y N/A N/A
Small Cap
0.0%
1y 3y N/A N/A
Mid Cap
0.2%
1y 3y N/A N/A
Large Cap
31.5%
1y 3y N/A N/A
Mega Cap
68.3%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Sep 01, 2026
36.0% Top 5 Holdings
53.6% Top 10 Holdings
93.1% Top 50 Holdings
99.9% Top 100 Holdings
Top 5 Companies
NVDA NVIDIA Corp
11.2%
AAPL Apple Inc
8.5%
MSFT Microsoft Corporation
7.2%
GOOG Alphabet Inc
4.8%
TSLA Tesla Inc
4.3%

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Average metrics of all companies in portfolio

Last updated: Sep 13, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $1.15T -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 1.12% 2.01%
Beta Indicates the relationship between the price performance of a share and the market. 1.17 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 50.68 22.99
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything -551.44 -
Profitable Companies 97% -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 501.66 18.8
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 12.27 9.13
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 18.21 11.88
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT 43.91 12.43
Enterprise Value to Revenue Enterprise value divided by revenue 10.57 12.4
Total Debt to Enterprise Value Total debt divided by enterprise value 0.1 0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. - 0.32
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 24.25% 21.44%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. - +54.3%
Return on Equity Equity divided by market cap. 123.70% 2.03%
Return on Assets Indicates a company's profitability in relation to its total assets. 34.97% 4.04%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. 51.47% 3.73%

Sectors

Manufacturing 40.5%
Information 24.9%
Finance and Insurance 14.1%
Retail Trade 3.3%
Professional, Scientific, and Technical Services 2.0%
Utilities 1.6%
Financial Services 1.4%
Accommodation and Food Services 0.9%
Administrative and Support and Waste Management and Remediation Services 0.7%
Health Care and Social Assistance 0.2%
Other 10.4%

Countries

United States 99.8%
Other 0.1%
Ireland 0.1%

Stock Screener

Select filters to narrow down the 104 investments below

104 companies

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%
Market Cap
P/E Ratio
Dividends Ratio of dividends in the last 12 months to current share price
Total Investment
Weight

NVIDIA Corp

NVDA - Manufacturing

NVIDIA Corp

NVDA - Manufacturing
Market Cap $5.29T
P/E Ratio 27.5
Dividends 0.2%
Total Investment $266.99M
Weight 10.13%

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Apple Inc

AAPL - Manufacturing

Apple Inc

AAPL - Manufacturing
Market Cap $4.88T
P/E Ratio 37.9
Dividends 0.3%
Total Investment $202.21M
Weight 7.67%

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Microsoft Corporation

MSFT - Information

Microsoft Corporation

MSFT - Information
Market Cap $3.68T
P/E Ratio 27.5
Dividends 0.7%
Total Investment $170.99M
Weight 6.49%

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Alphabet Inc - Ordinary Shares - Class C

GOOG - Information

Alphabet Inc - Ordinary Shares - Class C

GOOG - Information
Market Cap $4.1T
P/E Ratio 16.7
Dividends 0.3%
Total Investment $113.37M
Weight 4.30%

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Tesla Inc

TSLA - Manufacturing

Tesla Inc

TSLA - Manufacturing
Market Cap $1.44T
P/E Ratio 309.7
Dividends 0.0%
Total Investment $101.33M
Weight 3.84%

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Advanced Micro Devices Inc.

AMD - Manufacturing

Advanced Micro Devices Inc.

AMD - Manufacturing
Market Cap $841.6B
P/E Ratio 131.0
Dividends 0.0%
Total Investment $96.11M
Weight 3.65%

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Broadcom Inc - 8% PRF CONVERT 30/09/2022 USD 1000 - Ser A

AVGOP - Manufacturing

Broadcom Inc - 8% PRF CONVERT 30/09/2022 USD 1000 - Ser A

AVGOP - Manufacturing
Market Cap $1.72T
P/E Ratio 44.9
Dividends 0.7%
Total Investment $88.39M
Weight 3.35%

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Amazon.com Inc.

AMZN - Retail Trade

Amazon.com Inc.

AMZN - Retail Trade
Market Cap $2.76T
P/E Ratio 20.4
Dividends 0.0%
Total Investment $83.85M
Weight 3.18%

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Lilly(Eli) & Co

LLY - Manufacturing

Lilly(Eli) & Co

LLY - Manufacturing
Market Cap $1.05T
P/E Ratio 37.4
Dividends 0.6%
Total Investment $81.97M
Weight 3.11%

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Equinix Inc

EQIX - Finance and Insurance

Equinix Inc

EQIX - Finance and Insurance
Market Cap $102.39B
P/E Ratio 66.5
Dividends 1.9%
Total Investment $69.51M
Weight 2.64%

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Prologis Inc

PLD - Finance and Insurance

Prologis Inc

PLD - Finance and Insurance
Market Cap $126.65B
P/E Ratio 30.2
Dividends 3.1%
Total Investment $62.55M
Weight 2.37%

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Meta Platforms Inc - Ordinary Shares - Class A

META - Information

Meta Platforms Inc - Ordinary Shares - Class A

META - Information
Market Cap $1.65T
P/E Ratio 24.1
Dividends 0.3%
Total Investment $60.22M
Weight 2.28%

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Digital Realty Trust Inc

DLR - Finance and Insurance

Digital Realty Trust Inc

DLR - Finance and Insurance
Market Cap $69.77B
P/E Ratio 86.9
Dividends 2.6%
Total Investment $53.79M
Weight 2.04%

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Alphabet Inc - Ordinary Shares - Class C

GOOG - Information

Alphabet Inc - Ordinary Shares - Class C

GOOG - Information
Market Cap $4.1T
P/E Ratio 16.7
Dividends 0.3%
Total Investment $51.14M
Weight 1.94%

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International Business Machines Corp.

IBM - Professional, Scientific, and Technical Services

International Business Machines Corp.

IBM - Professional, Scientific, and Technical Services
Market Cap $229.21B
P/E Ratio 21.2
Dividends 2.8%
Total Investment $44.52M
Weight 1.69%

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ServiceNow Inc

NOW - Information

ServiceNow Inc

NOW - Information
Market Cap $137.02B
P/E Ratio 82.3
Dividends 0.0%
Total Investment $41.08M
Weight 1.56%

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Visa Inc - Ordinary Shares - Class A

V - Information

Visa Inc - Ordinary Shares - Class A

V - Information
Market Cap $691.65B
P/E Ratio 31.5
Dividends 0.7%
Total Investment $38.74M
Weight 1.47%

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Mastercard Incorporated - Ordinary Shares - Class A

MA - Information

Mastercard Incorporated - Ordinary Shares - Class A

MA - Information
Market Cap $499.2B
P/E Ratio 31.3
Dividends 0.6%
Total Investment $37.59M
Weight 1.43%

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JPMorgan Chase & Co.

JPM - Financial Services

JPMorgan Chase & Co.

JPM - Financial Services
Market Cap $954.52B
P/E Ratio 15.3
Dividends 1.7%
Total Investment $37.16M
Weight 1.41%

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Salesforce Inc

CRM - Information

Salesforce Inc

CRM - Information
Market Cap $202.88B
P/E Ratio 22.5
Dividends 0.7%
Total Investment $27.73M
Weight 1.05%

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