PABD vs. ESGD
Compare and contrast key facts about iShares Paris-Aligned Climate MSCI World Ex USA ETF (PABD) and iShares ESG Aware MSCI EAFE ETF (ESGD).
PABD and ESGD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PABD is a passively managed fund by iShares that tracks the performance of the MSCI World ex USA Climate Paris Aligned Benchmark Extended Select Index - Benchmark TR Net. It was launched on Jan 17, 2024. ESGD is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Extended ESG Focus Index. It was launched on Jun 28, 2016. Both PABD and ESGD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PABD or ESGD.
Correlation
The correlation between PABD and ESGD is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PABD vs. ESGD - Performance Comparison
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Key characteristics
PABD:
0.65
ESGD:
0.58
PABD:
1.11
ESGD:
0.99
PABD:
1.15
ESGD:
1.13
PABD:
0.88
ESGD:
0.79
PABD:
2.47
ESGD:
2.31
PABD:
4.79%
ESGD:
4.74%
PABD:
16.90%
ESGD:
17.54%
PABD:
-13.37%
ESGD:
-33.70%
PABD:
-0.45%
ESGD:
-0.31%
Returns By Period
The year-to-date returns for both investments are quite close, with PABD having a 12.66% return and ESGD slightly higher at 12.82%.
PABD
12.66%
11.16%
8.42%
10.87%
N/A
N/A
ESGD
12.82%
11.56%
9.65%
9.93%
11.78%
N/A
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PABD vs. ESGD - Expense Ratio Comparison
PABD has a 0.12% expense ratio, which is lower than ESGD's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
PABD vs. ESGD — Risk-Adjusted Performance Rank
PABD
ESGD
PABD vs. ESGD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Paris-Aligned Climate MSCI World Ex USA ETF (PABD) and iShares ESG Aware MSCI EAFE ETF (ESGD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
PABD vs. ESGD - Dividend Comparison
PABD's dividend yield for the trailing twelve months is around 2.55%, less than ESGD's 2.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
PABD iShares Paris-Aligned Climate MSCI World Ex USA ETF | 2.55% | 2.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ESGD iShares ESG Aware MSCI EAFE ETF | 2.87% | 3.23% | 3.02% | 2.59% | 2.75% | 1.63% | 2.57% | 2.69% | 2.65% | 0.09% |
Drawdowns
PABD vs. ESGD - Drawdown Comparison
The maximum PABD drawdown since its inception was -13.37%, smaller than the maximum ESGD drawdown of -33.70%. Use the drawdown chart below to compare losses from any high point for PABD and ESGD. For additional features, visit the drawdowns tool.
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Volatility
PABD vs. ESGD - Volatility Comparison
The current volatility for iShares Paris-Aligned Climate MSCI World Ex USA ETF (PABD) is 4.12%, while iShares ESG Aware MSCI EAFE ETF (ESGD) has a volatility of 4.79%. This indicates that PABD experiences smaller price fluctuations and is considered to be less risky than ESGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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