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PABDvsFEDMETF Comparison
iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF
FlexShares ESG & Climate Developed Markets ex-US Core Index Fund
iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF (PABD) belongs to the US Large Cap segment. FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM) is part of the DM Large & Mid Cap segment. PABD's top 3 sector exposures are Financials, Industrials and Information Technology. In contrast, FEDM's top sector exposures are Financials, Industrials and Health Care. PABD is less expensive with a Total Expense Ratio (TER) of 0.12%, versus 0.14% for FEDM. PABD is up 1.41% year-to-date (YTD) with +$14M in YTD flows. FEDM performs better with 1.41% 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.
PABD vs FEDM performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PABD FEDM | -5.70%-4.79% | +2.37%+3.71% | +1.41%+1.41% | +23.42%+20.40% | n/a+48.50% | n/an/a |
| Flows | PABD FEDM | +$22M- | +$20M+$2M | +$14M+$2M | +$178M+$16M | -+$25M | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PABD FEDM | +14.47%+13.68% | +15.79%+15.02% | n/a+13.18% | n/an/a |
| Max drawdown | PABD FEDM | -6.59%-7.61% | -12.39%-12.85% | n/a-14.86% | n/an/a |
| Max drawdown duration | PABD FEDM | 10d9d | 35d38d | n/a214d | n/an/a |
PABD | FEDM | |
Last sale 3/12/2026 at 1:30 PM | $64.42 | $58.74 |
| Previous close 03/11/2026 | $65.51 | $59.88 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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PABD | FEDM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
PABD | FEDM | |
|---|---|---|
| Last price | $64.42 | $58.74 |
| 1D performance | -1.66% | -1.90% |
| AuM | $311.78 M | $76.83 M |
| E/R | 0.12% | 0.14% |
PABD | FEDM | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | FlexShares |
| 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 | 399 | 211 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 17, 2024 | September 21, 2021 |
| ESG | Yes | Yes |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the PABD and FEDM ETFs performed in 2026?
As of March 11, 2026, PABD is up 1.41% year-to-date (YTD), while FEDM has returned 1.41%. 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 15.79%, while FEDM experienced 15.02%.
Which ETF is bigger: PABD or FEDM?
As of March 11, 2026, PABD holds $311.78 M in assets under management (AUM), while FEDM manages $76.83 M.
What sectors do the PABD and FEDM ETFs invest in?
PABD leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, FEDM focuses on Financials, Industrials and Health Care.
What are the top holdings of the PABD ETF and FEDM ETF?
PABD top holdings include ASML HOLDING, NOVARTIS and ROCHE. FEDM holds in its top three: ASML HOLDING, ROYAL BK CANADA and SIEMENS.
Which ETF is more diversified: PABD or FEDM?
PABD holds 428 securities with 18.11% of its assets in the top 15. FEDM has 220 securities and a top 15 weight of 21.78%.
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