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.

$76.37

Key Metrics

TER 0.10% per year
Distribution policy Distributing
Fund size USD 2,542 M
Inception date February 8, 2022
Holdings 94
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: Nov 01, 2026
1 Year +3.7% +1.0% Div
3 Years (avg.) +18.7% +1.0% Div
5 Years (avg.) +8.3% +1.0% Div

Risk & Analysis Metrics

Last updated: Nov 01, 2026

Volatility

14.39% 1 Year
15.87% 3 Years
17.98% 5 Years
17.98% 10 Years

Max Drawdown

-13.53% 1 Year
-21.24% 3 Years
-25.35% 5 Years
-25.35% 10 Years

Sharpe Ratio

0.00 1 Year
0.82 3 Years
0.31 5 Years
0.31 10 Years

Return Triangle (Heatmap)

Last updated: Nov 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: Nov 01, 2026

Profit Margin Distribution

< 0%
4%
1y 3y N/A N/A
0 - 5%
4%
1y 3y N/A N/A
5 - 10%
7%
1y 3y N/A N/A
10 - 15%
1%
1y 3y N/A N/A
15 - 20%
10%
1y 3y N/A N/A
20 - 30%
21%
1y 3y N/A N/A
30 - 40%
14%
1y 3y N/A N/A
> 40%
37%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
4%
1y 3y N/A N/A
0 - 10
1%
1y 3y N/A N/A
10 - 15
8%
1y 3y N/A N/A
15 - 20
4%
1y 3y N/A N/A
20 - 25
12%
1y 3y N/A N/A
25 - 35
32%
1y 3y N/A N/A
35 - 50
21%
1y 3y N/A N/A
> 50
18%
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
0.0%
1y 3y N/A N/A
Large Cap
37.3%
1y 3y N/A N/A
Mega Cap
62.7%
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: Nov 01, 2026
33.6% Top 5 Holdings
50.6% Top 10 Holdings
96.6% Top 50 Holdings
100.0% Top 100 Holdings
Top 5 Companies
NVDA NVIDIA Corp
10.1%
MSFT Microsoft Corporation
8.1%
AAPL Apple Inc
7.5%
GOOG Alphabet Inc
4.0%
AVGOP Broadcom Inc
3.8%

Latest News

about 19 hours ago • fool.com

Should You Really Buy Nvidia Stock After CEO Jensen Huang's Exit? Wall Street Has a Clear Answer for Investors.

Jensen Huang resigned from his position as CEO of Nvidia following revelations of extramarital affairs, including one with an alleged Chinese spy. ...
about 22 hours ago • fool.com

Is Nvidia Worth This Much Less Without Jensen Huang?

Jensen Huang led Nvidia to new heights, but the company can survive without him. The market is losing sight of how dominant Nvidia's business is.
about 22 hours ago • cnbc.com

Companies love a ‘rockstar' CEO. Until they depend on one

Jensen Huang's resignation has put Nvidia's succession planning and its dependence on its founder under scrutiny. Analysts and industry experts say...

Average metrics of all companies in portfolio

Last updated: Nov 08, 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% 1.64%
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 22.61
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 9.45
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 12.27 3.37
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 18.21 6.33
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT 43.91 14.02
Enterprise Value to Revenue Enterprise value divided by revenue 10.57 5.03
Total Debt to Enterprise Value Total debt divided by enterprise value 0.1 0.18
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. - 0.99
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 24.25% 16.03%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. - +19.4%
Return on Equity Equity divided by market cap. 123.70% 24.21%
Return on Assets Indicates a company's profitability in relation to its total assets. 34.97% 7.82%
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% 13.87%

Sectors

Manufacturing 36.9%
Information 31.1%
Finance and Insurance 17.3%
Professional, Scientific, and Technical Services 3.1%
Retail Trade 1.9%
Utilities 1.4%
Administrative and Support and Waste Management and Remediation Services 0.7%
Financial Services 0.0%
Other 7.6%

Countries

United States 100.0%

Stock Screener

Select filters to narrow down the 74 investments below

74 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 $3.57T
P/E Ratio 20.5
Dividends 0.3%
Total Investment $241.44M
Weight 9.50%

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Microsoft Corporation

MSFT - Information

Microsoft Corporation

MSFT - Information
Market Cap $5.37T
P/E Ratio 27.3
Dividends 0.7%
Total Investment $194.08M
Weight 7.63%

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Apple Inc

AAPL - Manufacturing

Apple Inc

AAPL - Manufacturing
Market Cap $4.72T
P/E Ratio 39.5
Dividends 0.3%
Total Investment $179.1M
Weight 7.04%

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Alphabet Inc - Ordinary Shares - Class C

GOOG - Information

Alphabet Inc - Ordinary Shares - Class C

GOOG - Information
Market Cap $4.51T
P/E Ratio 15.1
Dividends 0.3%
Total Investment $96M
Weight 3.78%

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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 $1.65T
P/E Ratio 43.1
Dividends 0.7%
Total Investment $91.74M
Weight 3.61%

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Advanced Micro Devices Inc.

AMD - Manufacturing

Advanced Micro Devices Inc.

AMD - Manufacturing
Market Cap $743.21B
P/E Ratio 114.6
Dividends 0.0%
Total Investment $83.6M
Weight 3.29%

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Tesla Inc

TSLA - Manufacturing

Tesla Inc

TSLA - Manufacturing
Market Cap $1.62T
P/E Ratio 394.2
Dividends 0.0%
Total Investment $82.93M
Weight 3.26%

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Snowflake Inc - Ordinary Shares - Class A

SNOW - Information

Snowflake Inc - Ordinary Shares - Class A

SNOW - Information
Market Cap $102.66B
P/E Ratio -91.5
Dividends 0.0%
Total Investment $82.64M
Weight 3.25%

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Lilly(Eli) & Co

LLY - Manufacturing

Lilly(Eli) & Co

LLY - Manufacturing
Market Cap $1.77T
P/E Ratio 46.7
Dividends 0.5%
Total Investment $81.56M
Weight 3.21%

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ServiceNow Inc

NOW - Information

ServiceNow Inc

NOW - Information
Market Cap $13.47B
P/E Ratio 73.0
Dividends 0.0%
Total Investment $75.5M
Weight 2.97%

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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 $302B
P/E Ratio 20.8
Dividends 2.7%
Total Investment $58.72M
Weight 2.31%

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Simon Property Group, Inc.

SPG - Finance and Insurance

Simon Property Group, Inc.

SPG - Finance and Insurance
Market Cap $75.13B
P/E Ratio 16.8
Dividends 3.8%
Total Investment $52.37M
Weight 2.06%

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Prologis Inc

PLD - Finance and Insurance

Prologis Inc

PLD - Finance and Insurance
Market Cap $38.67B
P/E Ratio 28.3
Dividends 3.3%
Total Investment $52.01M
Weight 2.05%

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Meta Platforms Inc - Ordinary Shares - Class A

META - Information

Meta Platforms Inc - Ordinary Shares - Class A

META - Information
Market Cap $113.82B
P/E Ratio 21.6
Dividends 0.3%
Total Investment $51.79M
Weight 2.04%

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Equinix Inc

EQIX - Finance and Insurance

Equinix Inc

EQIX - Finance and Insurance
Market Cap $104.36B
P/E Ratio 63.0
Dividends 1.9%
Total Investment $51.75M
Weight 2.04%

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American Tower Corp.

AMT - Finance and Insurance

American Tower Corp.

AMT - Finance and Insurance
Market Cap $79.98B
P/E Ratio 27.0
Dividends 3.7%
Total Investment $49.11M
Weight 1.93%

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Digital Realty Trust Inc

DLR - Finance and Insurance

Digital Realty Trust Inc

DLR - Finance and Insurance
Market Cap $62.57B
P/E Ratio 72.0
Dividends 2.7%
Total Investment $48.42M
Weight 1.90%

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Oracle Corp.

ORCL - Information

Oracle Corp.

ORCL - Information
Market Cap $316.89B
P/E Ratio 19.3
Dividends 1.6%
Total Investment $48.39M
Weight 1.90%

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Amazon.com Inc.

AMZN - Retail Trade

Amazon.com Inc.

AMZN - Retail Trade
Market Cap $3.82T
P/E Ratio 21.3
Dividends 0.0%
Total Investment $47.46M
Weight 1.87%

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Realty Income Corp.

O - Finance and Insurance

Realty Income Corp.

O - Finance and Insurance
Market Cap $50.93B
P/E Ratio 40.6
Dividends 5.5%
Total Investment $43.39M
Weight 1.71%

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