PABDvsFEDMETF Comparison
ETF 1
PABD
iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF
VS
ETF 2
FEDM
Northern Trust ESG & Climate Developed Markets ex-US Core ETF
This fund is part of
DM Large & Mid Cap
+0.45%
iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF (PABD) belongs to the segment. Northern Trust ESG & Climate Developed Markets ex-US Core ETF (FEDM) is part of the DM Large & Mid Cap segment. Both ETFs have the same top 3 sector exposures: Finance, Industrials and Technology. PABD is less expensive with a Total Expense Ratio (TER) of 0.12%, versus 0.16% for FEDM. PABD is up 9.21% year-to-date (YTD) with +$14M in YTD flows. FEDM performs better with 12.41% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of PABD and FEDM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
PABD vs FEDM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PABD FEDM | -2.39%-0.85% | +1.94%+7.82% | +9.21%+12.41% | +14.35%+18.81% | n/a+59.92% | n/an/a |
| Flows | PABD FEDM | -+$2M | +$6M+$3M | +$14M+$2M | +$73M+$9M | -+$20M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PABD FEDM | +13.28%+10.61% | +15.99%+13.11% | n/a+13.44% | n/an/a |
| Max drawdown | PABD FEDM | -3.84%-2.24% | -12.46%-10.69% | n/a-14.86% | n/an/a |
| Max drawdown duration | PABD FEDM | 17d14d | 103d107d | n/a214d | n/an/a |
Trading data
PABD | FEDM | |
Last sale 9/11/2026 at 1:30 PM | $69.60 | $65.61 |
| Previous close 09/10/2026 | $69.00 | $65.00 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
PABD | FEDM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
PABD | FEDM | |
|---|---|---|
| Last price | $69.60 | $65.61 |
| 1D performance | +0.87% | +0.94% |
| AuM | $330.89 M | $83.73 M |
| E/R | 0.12% | 0.16% |
Characteristics
PABD | FEDM | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | Northern Trust |
| Benchmark | MSCI World ex USA Climate Paris Aligned Benchmark Extended Select Index | Northern Trust ESG & Climate Developed Markets ex-US Core Index |
| N° of holdings | 404 | 218 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 17, 2024 | September 21, 2021 |
| ESG | Yes | Yes |
Advertisement
Exposure
Countries
PABD
Japan
17.9%
Canada
13.32%
Switzerland
10.27%
United Kingdom
9.97%
France
8.15%
Other
40.39%
FEDM
Japan
20.81%
United Kingdom
13.47%
Canada
10.96%
France
8.5%
Germany
7.82%
Other
38.43%
Sectors
PABD
Finance
38.52%
Industrials
14.78%
Technology
12.62%
Healthcare
11.71%
Other
22.37%
FEDM
Finance
30.18%
Industrials
12.89%
Technology
12.46%
Healthcare
8.97%
Consumer Non-Cycl.
8.87%
Non-Energy Materi.
7.39%
Other
19.25%
Advertisement
Diversification
PABD
Total weight of top 15 holdings out of 15
19.36%
FEDM
Total weight of top 15 holdings out of 15
22.84%
Top 15 holdings
Data as of July 31, 2026
PABD
ASML Holding NV
2.98%
Royal Bank of Canada
1.59%
Novartis AG
1.53%
HSBC Holdings Plc
1.51%
Roche Holding AG
1.39%
Schneider Electric SE
1.28%
AstraZeneca PLC
1.21%
ABB Ltd.
1.17%
The Toronto-Dominion Bank
1.10%
Mitsubishi UFJ Financial Group, Inc.
1.09%
Allianz SE
1.01%
Commonwealth Bank of Australia
0.95%
Banco Santander SA
0.92%
SAP SE
0.85%
UniCredit SpA
0.79%
FEDM
ASML Holding NV
2.90%
Royal Bank of Canada
1.96%
Siemens AG
1.61%
Shell Plc
1.54%
Novartis AG
1.51%
Banco Bilbao Vizcaya Argentaria SA
1.50%
Schneider Electric SE
1.47%
Commonwealth Bank of Australia
1.38%
Recruit Holdings Co., Ltd.
1.33%
Advantest Corp.
1.33%
AstraZeneca PLC
1.32%
Hitachi Ltd.
1.31%
Mitsubishi UFJ Financial Group, Inc.
1.30%
Intesa Sanpaolo SpA
1.19%
Zurich Insurance Group AG
1.19%
Frequently asked questions about PABD and FEDM
How have the PABD and FEDM ETFs performed in 2026?
As of September 11, 2026, PABD is up 9.21% year-to-date (YTD), while FEDM has returned 12.41%. That puts FEDM better performer ahead so far this year.
Which ETF is attracting more investor money: PABD or FEDM?
Year-to-date, the PABD ETF saw +$14M in flows, compared to +$2M for FEDM.
Which ETF is more volatile: PABD or FEDM?
Over the past year, PABD had a volatility of 15.99%, while FEDM experienced 13.11%.
Which ETF is bigger: PABD or FEDM?
As of September 11, 2026, PABD holds $330.89 M in assets under management (AUM), while FEDM manages $83.73 M.
What sectors do the PABD and FEDM ETFs invest in?
PABD leans toward sectors like Finance, Industrials and Technology. Meanwhile, FEDM focuses on Finance, Industrials and Technology.
What are the top holdings of the PABD ETF and FEDM ETF?
PABD top holdings include ASML Holding NV, Royal Bank of Canada and Novartis AG. FEDM holds in its top three: ASML Holding NV, Royal Bank of Canada and Siemens AG.
Which ETF is more diversified: PABD or FEDM?
PABD holds 410 securities with 19.36% of its assets in the top 15. FEDM has 218 securities and a top 15 weight of 22.84%.
Advertisement
Advertisement
