iShares MSCI World Paris-Aligned Climate UCITS ETF

iShares MSCI World Paris-Aligned Climate UCITS ETF

About

iShares MSCI World Paris-Aligned Climate UCITS ETF (IE00BN92ZL31) is a UCITS-compliant equity ETF tracking the MSCI World Climate Paris Aligned Benchmark Select PAB Index USD. With a TER of 0.2%, it is competitively priced, distributing dividends. The fund holds 1,052 positions across 23 regions with 127M in assets.

ISIN
Fund Size €127M
Issuer iShares
Distribution Pays Dividends
Replication Physical
Inception Apr 2021
Base Currency USD
Index MSCI World Climate Paris Aligned Benchmark Select PAB Index USD
Asset Class Equities
Category Global Equity

Costs

8.6
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

7.8
This fund spreads its investments across 1,052 individual holdings, providing broad diversification.
#1
GBP/USD
0.36%
#2
MSCI WORLD INDEX (USD,NTR) 06/26 EUREX
0.15%
#3
Apple Inc
0.06%
#4
NVIDIA Corp
0.06%
#5
Microsoft Corp
0.04%
#6
Alphabet Inc
0.03%
#7
Amazon.com Inc
0.03%
#8
ETD EUR BALANCE WITH R67675
0.03%
#9
Broadcom Inc
0.02%
#10
Alphabet Inc
0.02%

Sectors

9.1
This fund is well-diversified across 12 sectors, with no single sector dominating.

Regions

6.8
This fund invests across 24 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-04 — 2026-05-29).
9.4%
Volatility
-17.3%
Max Drawdown
0.68
Sharpe Ratio
0.99
Sortino Ratio
0.37
Calmar Ratio
0.31
Beta
6.86%
Alpha (Jensen's)
0.124
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free

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