# HSBC MSCI USA Climate Paris Aligned UCITS ETF AccumUSD (HPAS)

**Source:** https://fundology.uk/fund/hpas · ISIN IE00BP2C1S34 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, HPAS (HSBC MSCI USA Climate Paris Aligned UCITS ETF AccumUSD, ISIN IE00BP2C1S34) closed at £40.29 on the London Stock Exchange. Its ongoing charge is 0.16% a year (about £16 on £10,000). Over the five years to 30/09/2026 its total return was +18.4%, or −7.5% after UK CPIH inflation.

## Summary

HSBC MSCI USA Climate Paris Aligned UCITS ETF AccumUSD is an exchange-traded fund (ETF) from HSBC, launched in 2021. It tracks the MSCI USA Climate Paris Aligned PAB Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.16% a year — about £16 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£40.29** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | HPAS |
| ISIN | IE00BP2C1S34 |
| Category | Sustainable & clean energy |
| Type | ETF |
| Provider | HSBC |
| Tracks | MSCI USA Climate Paris Aligned PAB Index |
| Income | Accumulating |
| Ongoing charge | 0.16% a year (£16 per £10,000) |
| Fund size | £20.6m |
| Launched | 2021 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +15.04% | +11.43% | income reinvested |
| 3 years | +61.79% | +45.99% | income reinvested |
| 5 years | +18.36% | -7.47% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of HSBC MSCI USA Climate Paris Aligned UCITS ETF AccumUSD 0.16% a year, as of 01/10/2026: 146 of the 162 other sustainable and clean-energy funds charge more, 2 the same and 14 less (share classes counted once).

## Funds tracking the same index

2 funds track MSCI USA Climate Paris Aligned PAB Index, this one included and share classes counted once (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| HSBC MSCI USA Climate Paris Aligned UCITS ETF AccumUSD (this fund) | 0.16% | +15.0% | +61.8% | +18.4% |
| HSBC MSCI USA Climate Paris Aligned UCITS ETF USD | — | +14.7% | +15.4% | — |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.16%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 28/09/2026):

| Holding | Weight |
|---|---|
| NVIDIA | 9.93% |
| Apple | 7.83% |
| Microsoft | 7.73% |
| Advanced Micro Devices | 4.28% |
| Alphabet · Class C | 3.63% |
| Eli Lilly and | 3.50% |
| Tesla | 3.20% |
| Marvell Technology | 3.04% |
| ServiceNow | 2.66% |
| Broadcom | 2.62% |

All 103 holdings: https://fundology.uk/fund/hpas/holdings

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.