ZACKSยท2025-07-21 11:21Core Insights - The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is designed to provide broad exposure to the Style Box - All Cap Blend category and was launched on April 8, 2022 [1] Fund Overview - PABU is sponsored by Blackrock and has accumulated over $2.2 billion in assets, making it one of the larger ETFs in its category [5] - The fund aims to match the performance of the MSCI USA Climate Paris Aligned Benchmark Extended Select Index, which focuses on U.S. large and mid-cap stocks aligned with the Paris Agreement [6] Cost and Performance - PABU has an annual operating expense ratio of 0.10% and a 12-month trailing dividend yield of 0.98% [7] - The ETF has gained approximately 4.69% year-to-date and about 13% over the past year, with a trading range between $53.19 and $67.84 in the last 52 weeks [10] Sector Exposure and Holdings - The largest sector allocation for PABU is Information Technology, comprising about 39.5% of the portfolio, followed by Financials and Healthcare [8] - Nvidia Corp (NVDA) is the top holding at approximately 8.69% of total assets, with the top 10 holdings accounting for about 42.51% of total assets under management [9] Alternatives - Other ETFs in the space include Vanguard ESG U.S. Stock ETF (ESGV) and iShares ESG Aware MSCI USA ETF (ESGU), with assets of $10.8 billion and $13.9 billion respectively [12]