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›ETF Providers›iShares›UPAD
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UPAD ETF · iShares S&P 500 Paris-Aligned Climate UCITS ETF

The UPAD Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: S&P 500 Net Zero 2050 Paris-Aligned Sustainability Screened Index. The UPAD ETF provides physical exposure, so by buying it you actually own parts of all the 286 underlying holdings. This share class generates a stream of income by distributing dividends.
Share class
Dist
USD
Last update Yesterday at 7:00 AM UTC
LIVE
CLOSED
This fund is part ofUS Large & Mid Cap1M perf.+9.94%
Last price
$8.38
1M perf.
+7.79%
1M flows
+€2.7M
AuM
€37M
E/R
0.07%
Rating
ESG Consensus®
esg grade icon
UPAD
$8.38

Performance & flows

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January 22, 2026 → April 22, 2026
0-10-8-6-4-2024%FEBMARAPRFEBMARAPR
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UPAD
$8.40
+1.00%
US Large & Mid Cap
+3.33%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+7.79%
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+1.00%
icon
+30.07%
icon
+72.93%
icon
N/A
+9.01%
+9.01%
+0.72%
icon
Flows

Key fund info

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Main characteristics
Issuer
ISIN
IE000G4PH2B1
AuM
€37M
icon
E/R
0.07%
icon
Replication rating
icon
ESG Consensus®
esg grade icon
icon
More details
NAV
4/22/2026
$8.40
1D NAV change
+0.81%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
286
Inception date
4/27/2022
Jurisdiction
Ireland
Distribution
Austria
Denmark
Norway
France
Sweden
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
S&P 500 Net Zero 2050 Paris-Aligned Sustainability Screened Index
Asset class
Factors
N/A
Share class info
USD distributing 
Total AuM of fund
€368M
Decimalisation of shares
No
Investment strategy
The Fund seeks to provide investors with a total return, which reflects the return of the S&P 500 Net Zero 2050 Paris-Aligned Sustainability Screened Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+1.00%
icon
+30.07%
icon
+72.93%
icon
N/A
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
1
2
3
4
5
6
7
PRIIPS
1
2
3
4
5
6
7
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
USA
96.88%
Ireland
2.08%
Unavailable
0.42%
Other
0.62%
Sectors
Information Technology
41.12%
Communication Services
10.90%
Health Care
10.58%
Consumer Discretionary
10.18%
Financials
7.84%
Industrials
7.13%
Consumer Staples
5.10%
Real Estate
2.18%
Unavailable
2.25%
Other
2.72%
Diversification
Total weight of top 15 holdings out of 286
Top 15 holdings
Data as of March 31, 2026
NVIDIA
MICROSOFT-T
APPLE
ALPHABET INC-CL
ALPHABET INC-CL
TESLA
VISA INCORPORATION
AMAZON.COM INC
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MASTERCARD
ABBVIE
BROADCOM LIMITED
CISCO-T
COSTCO WHOLESALE
US5128073062
BK OF AMERICA CO
Create a free account to view top holdings
More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
Yes
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about UPAD ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


UPAD’s has a Final Sustainability Grade of either A+, A, or A-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
80.92% of holdings have positive scoring
19.40% of holdings have negative scoring
34.35%
27.94%
18.64%
7.66%
10.57%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
1-year trailing difference
As of March 31, 2026
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UPAD
N/A
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

iShares
iShares ID Card
Number of funds
1740
Total AuM
€5.16T
Expense ratio range
0.03% - 1.51%
Average expense ratio
0.284%
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Frequently asked questions about UPAD

What does iShares S&P 500 Paris-Aligned Climate UCITS ETF, UPAD, invest in?

UPAD is a Passive ETF. This ETF provides exposure to Other Large Cap US Equities.

Which benchmark or index does UPAD replicate?

UPAD tracks the S&P 500 Net Zero 2050 Paris-Aligned Sustainability Screened Index NTR - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of UPAD?

UPAD carries a total expense ratio (TER) of 0.07%, indicating the annual cost for holding the fund.

When was UPAD launched?

UPAD was introduced to the market on April 27, 2022. It trades on Austria, among other exchanges

Who is the ETF issuer of UPAD?

iShares S&P 500 Paris-Aligned Climate UCITS ETF, UPAD, is provided by iShares. Learn more about iShares here.

Does UPAD have multiple share classes?

Yes, UPAD is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

What is the current assets under management (AUM) of UPAD?

UPAD oversees €37M in assets as of April 22, 2026.

How has UPAD performed lately?

Based on data from April 22, 2026, UPAD returned 7.79% over the past month, 1.00% over the last three months and 0.72% year-to-date.

What are the latest inflows or outflows for UPAD?

As of April 22, 2026, UPAD recorded net flows of +€2.7M over the last month and +€3.1M year-to-date.

Does UPAD distribute dividends?

UPAD follows a distributing dividend policy, meaning it pays out income to investors. As of April 22, 2026, its 12-month trailing yield was 0.85%.

What are the main country or region exposures of UPAD?

As of March 31, 2026, UPAD has significant geographic allocations in USA and Ireland.

In which sector or theme does UPAD invest in?

As of March 31, 2026, UPAD focuses largely on Information Technology, Communication Services and Health Care.

How many securities does UPAD hold and how diversified is it?

As of March 31, 2026, UPAD holds 286 positions in its portfolio, with 50.69% of assets concentrated in its top 15 holdings.

What are the main positions in UPAD?

As of March 31, 2026, UPAD top three holdings include NVIDIA, MICROSOFT-T and APPLE.

What is the base currency of UPAD?

The base currency of UPAD is USD.

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