ETF · iShares
UPAD iShares S&P 500 Paris-Aligned Climate UCITS ETF USD
ISIN IE000G4PH2B1London Stock Exchange: UPADBlackRock, Inc.
- Sustainable & clean energy
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE$9.02
on
- Ongoing charge
- 0.07% a year
- Fund size
- £19.4m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, UPAD (iShares S&P 500 Paris-Aligned Climate UCITS ETF USD, ISIN IE000G4PH2B1) closed at $9.02 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the three years to 13/11/2026 its price changed by +55.1% (income paid out is not included), or +40.1% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +10.0%
- +6.1% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +55.1%
- +40.1% after inflation (UK CPIH)
Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares S&P 500 Paris-Aligned Climate UCITS ETF USD in pounds (price only, income paid out not included): 2023 +22.6%, 2024 +27.8%, 2025 +4.6%; 2026 to 13/11/2026 +9.8%. Returns of iShares S&P 500 Paris-Aligned Climate UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +12.4%; to 30/09/2025: +15.4%; to 30/09/2024: +24.4%; to 30/09/2023: +7.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +9.8% | +6.3% | |
| to | +4.6% | +1.0% | |
| to | +27.8% | +23.4% | |
| +22.6% | +17.7% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +12.4% | +8.5% |
| from | +15.4% | +10.9% |
| from | +24.4% | +21.2% |
| from | +7.4% | +0.9% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
13.2%over 3 years
| 1 year | 12.3% |
|---|---|
| 3 years | 13.2% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since April 2022
- −19.4%
- From to
- Lowest 12-month return
- −3.2%
- 12 months to
- Highest 12-month return
- +33.6%
- 12 months to
- Below its highest weekly close since April 2022
- 3.0%
- High of , latest
In words: Volatility of iShares S&P 500 Paris-Aligned Climate UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 12.3% over 1 year, 13.2% over 3 years. Largest fall in the price of iShares S&P 500 Paris-Aligned Climate UCITS ETF USD since April 2022, in pounds: −19.4% from 24/01/2025 to 18/04/2025. The lowest 12-month return of iShares S&P 500 Paris-Aligned Climate UCITS ETF USD in pounds (price only, income paid out not included) since April 2022 was −3.2% (12 months to 18/08/2023); the highest was +33.6% (12 months to 25/10/2024). On 13/11/2026 the price of iShares S&P 500 Paris-Aligned Climate UCITS ETF USD was 3.0% below its highest weekly close since April 2022 (09/10/2026), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.07%
- a year
- On £10,000
- £7
- a year, roughly
- Over five years
- £35
- of £10,000, before growth
- 0 charge less
- 1 the same
- 176 charge more
Ongoing charge of iShares S&P 500 Paris-Aligned Climate UCITS ETF USD 0.07% a year. Compared on 14/11/2026, 176 of the 177 other sustainable and clean-energy funds charge more, 1 the same and 0 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares S&P 500 Paris-Aligned Climate UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2022.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.07% a year — about £7 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
Sustainable & clean energy: Funds that screen companies on environmental, social or governance grounds, or focus on clean energy.
Key facts
- Ticker
- UPAD
- ISIN
- IE000G4PH2B1
- Provider
- iShares
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.07% a year · about £7 on £10,000
- Fund size
- £19.4m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- USD
- Category
- Sustainable & clean energy
Price chart
Over the last year, the closing price went from $8.26 on 14/11/2025 to $9.02 on 13/11/2026 (+9.2%). The lowest close shown was $7.56 on 27/03/2026 and the highest $9.30 on 09/10/2026.
One close a week. Before 14/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
235 weekly closes, from 29/04/2022 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 283
- on record
- Ten largest
- 42.7%
- of the whole fund
- Effective number of holdings
- 38
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.4%
- NVIDIA
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | NVIDIANVDAInformation Technology | 8.41% |
| 2 | MicrosoftMSFTInformation Technology | 8.19% |
| 3 | AppleAAPLInformation Technology | 5.41% |
| 4 | Alphabet · Class AGOOGLCommunication Services | 3.58% |
| 5 | Visa · Class AVFinancials | 3.44% |
| 6 | Mastercard · Class AMAFinancials | 3.18% |
| 7 | Alphabet · Class CGOOGCommunication Services | 2.87% |
| 8 | BroadcomAVGOInformation Technology | 2.67% |
| 9 | TeslaTSLAConsumer Discretionary | 2.64% |
| 10 | AbbVieABBVHealth Care | 2.27% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Information Technology37.6%
- Financials14.3%
- Health Care12.3%
- Communication Services9.1%
- Consumer Discretionary8.7%
- Industrials8.4%
- Consumer Staples4.9%
- Real Estate2.1%
- Other sectors2.6%
By type of asset
- Equity99.6%
- Cash and money market0.4%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 279 holdings; the ten largest make up 42.7% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 183 rolling 12-month returns since April 2022, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since April 2022, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core S&P 500 UCITS ETF, over the three years to 13/11/2026 (150 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of UPAD?
The ongoing charge of UPAD is 0.07% a year — about £7 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares S&P 500 Paris-Aligned Climate UCITS ETF USD 0.07% a year. Compared on 14/11/2026, 176 of the 177 other sustainable and clean-energy funds charge more, 1 the same and 0 less (share classes counted once).
Is UPAD accumulating or distributing?
UPAD is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of UPAD?
The ISIN of UPAD is IE000G4PH2B1. An ISIN identifies one exact share class of a fund; UPAD is its ticker on the London Stock Exchange.
What does UPAD hold?
As of 06/11/2026, UPAD holds 279 positions, according to its published holdings. The largest is NVIDIA at 8.41% of the fund; the ten largest make up 42.7%. Its ten largest holdings are NVIDIA (8.41%), Microsoft (8.19%), Apple (5.41%), Alphabet · Class A (3.58%), Visa · Class A (3.44%), Mastercard · Class A (3.18%), Alphabet · Class C (2.87%), Broadcom (2.67%), Tesla (2.64%) and AbbVie (2.27%).
What were UPAD’s returns in each of the last five years?
Calendar-year returns of UPAD in pounds (price only, income paid out not included): 2023 +22.6%, 2024 +27.8%, 2025 +4.6%; 2026 to 13/11/2026 +9.8%. Past performance is not a guide to future returns.
How has UPAD done after inflation?
Over the three years to 13/11/2026 UPAD’s price changed by +55.1% (income paid out is not included), or +40.1% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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