PABD vs. JIVE

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Paris-Aligned Climate MSCI World Ex USA ETF (PABD) and Jpmorgan International Value ETF (JIVE).

PABD and JIVE 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. JIVE is an actively managed fund by JPMorgan. It was launched on Sep 13, 2023.

Performance

PABD vs. JIVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Paris-Aligned Climate MSCI World Ex USA ETF (PABD) and Jpmorgan International Value ETF (JIVE). The values are adjusted to include any dividend payments, if applicable.

PABD vs. JIVE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PABD iShares Paris-Aligned Climate MSCI World Ex USA ETF	-2.72%	30.06%	5.32%
JIVE Jpmorgan International Value ETF	6.68%	49.80%	14.23%

Returns By Period

In the year-to-date period, PABD achieves a -2.72% return, which is significantly lower than JIVE's 6.68% return.

PABD

• 1D: 2.56%
• 1M: -10.25%
• YTD: -2.72%
• 6M: 1.60%
• 1Y: 19.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JIVE

• 1D: 2.99%
• 1M: -6.76%
• YTD: 6.68%
• 6M: 16.90%
• 1Y: 42.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PABD vs. JIVE - Expense Ratio Comparison

PABD has a 0.12% expense ratio, which is lower than JIVE's 0.55% expense ratio.

JIVE

Jpmorgan International Value ETF

PABD

iShares Paris-Aligned Climate MSCI World Ex USA ETF

Return for Risk

PABD vs. JIVE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PABD

PABD Risk / Return Rank: 61
PABD Sharpe Ratio Rank: 65
PABD Sortino Ratio Rank: 64
PABD Omega Ratio Rank: 61
PABD Calmar Ratio Rank: 57
PABD Martin Ratio Rank: 60

JIVE

JIVE Risk / Return Rank: 95
JIVE Sharpe Ratio Rank: 96
JIVE Sortino Ratio Rank: 96
JIVE Omega Ratio Rank: 96
JIVE Calmar Ratio Rank: 93
JIVE Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PABD vs. JIVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Paris-Aligned Climate MSCI World Ex USA ETF (PABD) and Jpmorgan International Value ETF (JIVE). 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.

	PABD	JIVE	Difference
Sharpe ratio Return per unit of total volatility	1.13	2.52	-1.39
Sortino ratio Return per unit of downside risk	1.63	3.20	-1.57
Omega ratio Gain probability vs. loss probability	1.22	1.50	-0.28
Calmar ratio Return relative to maximum drawdown	1.46	3.50	-2.03
Martin ratio Return relative to average drawdown	5.90	14.57	-8.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PABD vs. JIVE - Sharpe Ratio Comparison

The current PABD Sharpe Ratio is 1.13, which is lower than the JIVE Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of PABD and JIVE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PABD	JIVE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.13	2.52	-1.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	1.90	-0.97

Correlation

The correlation between PABD and JIVE is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PABD vs. JIVE - Dividend Comparison

PABD's dividend yield for the trailing twelve months is around 2.82%, more than JIVE's 2.70% yield.

	TTM	2025	2024	2023
PABD iShares Paris-Aligned Climate MSCI World Ex USA ETF	2.82%	2.74%	2.87%	0.00%
JIVE Jpmorgan International Value ETF	2.70%	2.88%	2.48%	0.74%

Drawdowns

PABD vs. JIVE - Drawdown Comparison

The maximum PABD drawdown since its inception was -13.37%, roughly equal to the maximum JIVE drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for PABD and JIVE.

Drawdown Indicators

	PABD	JIVE	Difference
Max Drawdown Largest peak-to-trough decline	-13.37%	-13.79%	+0.42%
Max Drawdown (1Y) Largest decline over 1 year	-12.55%	-11.96%	-0.59%
Current Drawdown Current decline from peak	-10.26%	-7.13%	-3.13%
Average Drawdown Average peak-to-trough decline	-2.57%	-1.95%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	2.87%	+0.24%

Volatility

PABD vs. JIVE - Volatility Comparison

iShares Paris-Aligned Climate MSCI World Ex USA ETF (PABD) and Jpmorgan International Value ETF (JIVE) have volatilities of 7.62% and 7.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PABD	JIVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.62%	7.78%	-0.16%
Volatility (6M) Calculated over the trailing 6-month period	11.38%	11.07%	+0.31%
Volatility (1Y) Calculated over the trailing 1-year period	17.13%	16.93%	+0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.13%	14.85%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.13%	14.85%	+0.28%