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Amundi S&P Eurozone Climate Paris Aligned UCITS ETF Dist tracks the issuer-declared index: S&P Eurozone LargeMidCap PAB ESG Index (EUR) NTR. The declared annual cost (TER) is 0.14%, plus 0.08% in transaction costs estimated by the issuer in the KID. Replication is direct physical replication; income is distributed to investors. The fund has assets of about 466 million euro, was launched on 20 November 2024 and is domiciled in Luxembourg. In our registry 1 other ETFs declare the same index.
The Fund is an index-tracking UCITS passively managed. The investment objective of the Fund is to track both the upward and the downward evolution of the S&P Eurozone LargeMidCap PAB ESG Index (EUR) NTR (the "Benchmark Index") denominated in Euro, while minimizing the volatility of the difference between the return of the Fund and the return of the Benchmark Index (the "Tracking Error"). The anticipated level of Tracking Error in normal market conditions is indicated in the prospectus. The Benchmark Index is representative of the performance of eligible equity securities from the S&P Eurozone LargeMidCap Index (the "Parent Index") selected and weighted to be collectively compatible with a 1.5°C global warming scenario. The weighting strategy aims to minimize through optimization the difference in constituent weights to the Parent Index while simultaneously delivering a broad range of climate objectives covering transition risk (for instance a minimum self-decarbonization rate of greenhouse gas emissions intensity equating to at least 7% on average per annum), climate change opportunities (through substantially higher green-to-brown revenue share) and physical risk (through a reduced exposure to physical risks from climate change using Trucost's Physical Risk dataset as defined in the methodology of the Benchmark Index). The Benchmark Index aims to meet and maintain the criteria set out by the European Union's Technical Expert Group on Climate Benchmark's ESG Disclosures, to qualify as an EU Paris-Aligned Benchmark ("EU PAB"). For further information on the exclusions applied by the Benchmark Index pursuant to the EU Paris-aligned Benchmarks, please refer to the "Guidelines on funds’ names using ESG or sustainability-related terms" section of the Prospectus. The Fund follows an extra-financial approach significantly engaging that permits the reduction of overall greenhouse gas emissions intensity compared to the Parent Index by at least 50%. For further information in relation to the general and specific environmental, social and governance (ESG) objectives targeted by the Fund, please refer to the Transparency Code of the Fund available on https://www.amundietf.com/. Limits of the methodology of the Benchmark Index are described in the prospectus of the Fund through risk factors, such as the EU PAB label withdrawal or risk related to the carbon data used in the methodology of the Benchmark Index. The analysis of companies' current and future greenhouse gas emission is partly based on declarative data, models and estimates. In the current state of the available data, all greenhouse gas emission data are not available, and some are model based (in particular those related to scope 3 which includes all greenhouse gas emissions that are not directly related to manufacturing of a product).The methodology of the Benchmark Index does not prevent to incorporate highly greenhouse gas emitting companies' securities. S&P's website (https://www.spglobal.com/spdji/en/) contains more detailed information about the S&P indexes. The Benchmark Index is a net total return index. A net total return index calculates the performance of the Benchmark Index constituents on the basis that any dividends or distributions are included in the Benchmark Index returns after withholding tax retention.
Keep reading the KID section ▾
The Fund seeks to achieve its objective via a direct replication, by investing primarily in the securities comprising the Benchmark Index. To optimize the Benchmark Index replication, the Fund may use a sampling replication strategy. The potential use of this technique is published on Amundi's website: www.amundietf.com. Updated composition of the Fund holdings is available on www.amundietf.com. In addition, the indicative net asset value is published on the Reuters and Bloomberg pages of the Fund, and might also be mentioned on the websites of the stock exchanges where the Fund is listed.
Intended Retail Investor:This product is intended for investors, with a basic knowledge of and no or limited experience of investing in funds seeking to increase the value of their investment over the recommended holding period with the ability to bear losses up to the amount invested.
Redemption and Dealing:The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges. Only authorised participants (e.g., selected financial institutions) may deal in shares directly with the SubFund on the primary market. Further details are provided in the MULTI UNITS LUXEMBOURG prospectus.
Distribution policy:The Fund’s amounts available for distribution (if any) will be distributed.
More Information:You may get further information about the Sub-Fund, including the prospectus, and financial reports which are available at and free of charge on request from: Amundi Luxembourg S.A. at 5, allée Scheffer 2520 Luxembourg, Luxembourg.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 26 Feb 2025 | 09 Apr 2025 | -15.95% | 13 May 2025 | 76 |
| 25 Feb 2026 | 27 Mar 2026 | -11.06% | 25 May 2026 | 89 |
| 21 May 2025 | 19 Jun 2025 | -5.09% | 15 Aug 2025 | 86 |
| 12 Nov 2025 | 18 Nov 2025 | -4.16% | 11 Dec 2025 | 29 |
| 22 Aug 2025 | 02 Sept 2025 | -3.81% | 29 Sept 2025 | 38 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.8 | 3.2 | -9.8 | 6.4 | 5.0 | 4.1 | -0.1 | 2.1 | -0.4 | 12.0 | |||
| 2025 | 7.6 | 4.0 | -4.5 | 0.7 | 5.5 | -1.2 | 0.9 | 0.0 | 3.3 | 1.0 | 0.6 | 2.2 | 21.5 |
| Year | Fund | Index | Difference |
|---|---|---|---|
| 2025 | +21.54% | +21.19% | +0.35% |
| Last year | Full history | |
|---|---|---|
| Volatility (ann.) | 15.67% | 16.32% |
| Max drawdown | -11.06% | -15.95% |
| Sharpe | 0.93 | 0.95 |
| Sortino | 1.44 | 1.39 |
| Period | Dividends | Dividend yield |
|---|---|---|
| 1 year | 0.51 EUR | 2.15 % |
| 2025 | 0.51 EUR | 2.45 % |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.51 |
| Per share | Ex-dividend date | Payment |
|---|---|---|
| 0.51 EUR | 9 Dec 2025 | 12 Dec 2025 · estimated |
| Fund | TER | Income | Fund size |
|---|---|---|---|
PABEZ · Amundi | 0.20% | Acc. | 2.8 mld EUR |
| Exchange | Ticker | Trading since |
|---|---|---|
| Börse Düsseldorf | EPAZ | 19 Dec 2024 |
| Börse Frankfurt | EPAZ | 19 Dec 2024 |
| Börse Hamburg | EPAZ | 2 Sept 2025 |
| Börse Hannover | EPAZ | 18 Mar 2025 |
| Börse München / gettex | EPAZ | 19 Dec 2024 |
| Börse Stuttgart | EPAZ | 24 Jan 2025 |
| Tradegate Exchange | EPAZ | 2 Jan 2025 |
| Xetra (Deutsche Börse) | EPAZ | 19 Dec 2024 |