State Street SPDR MSCI ACWI Climate Paris Aligned ETF
$46.98−0.47 (−0.98%)
- Expense ratio
- 0.12%
- Fund size
- $199M
- 1Y return
- +14.2%
- Yield · Last 12 months
- 1.99%
- Holdings
- 609
- Volume · 30D
- 0M sh
- NAV per share
- $47.30
- 52W range
The ETF.net NZAC Grade
Score 61 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 71Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 61Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 35Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 65Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 74Category rank
Our read on NZAC
BA whole-world stock index fund with a climate filter baked in: large and mid caps across developed and emerging markets, screened for climate risk, at 0.12% a year. A Paris-aligned mandate priced like plain vanilla.
The fund seeks to track the MSCI ACWI Climate Paris Aligned Index, an equity index covering large- and mid-cap companies in developed and emerging markets. Its methodology is designed to reduce physical and transition climate risks and increase exposure to opportunities from the transition to a lower-carbon economy.
Why people hold it
- Charges 0.12% a year against a 0.45% median for its index-fund cohort. The climate screen arrives without the boutique price tag that usually rides along.
- One ticket, roughly 600 large and mid caps across developed and emerging markets. The screen runs across the whole global opportunity set, not just the US slice.
- The portfolio matches the label. MSCI's methodology targets lower physical and transition climate risk, and this is one of the cleaner implementations among index wrappers.
Worth knowing
- Thinly traded next to the giants of its cohort, so the gap between bid and ask can be wider at the moment you trade.
- Unscreened global index funds go cheaper: VT runs 0.06%. The climate methodology is what the fee difference buys.
- An exclusionary approach reshapes sector and country weights, so results can drift from a plain global index in either direction. Cash comes back once or twice a year, not monthly.
NZAC Holdings
- Stocks
- 609
- 29%
- NVDA
Sectors
- Technology38.7%
- Financials15.9%
- Health Care9.0%
- Communication8.5%
- Consumer Discr.7.9%
- Industrials7.5%
- Real Estate5.6%
- Materials2.4%
- Utilities2.0%
- Energy1.5%
- Cons. Staples0.9%
Geography
- United States64.45%
- Canada4.29%
- Japan3.48%
- Taiwan3.28%
- Switzerland2.92%
- United Kingdom2.46%
- France2.18%
- China1.93%
- 15.00%
Developed 70% · Emerging 30%
NZAC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NZAC |
|---|---|
| Year to date | +11.3% |
| 1 month | +0.7% |
| 3 months | +3.2% |
| 1 year | +14.2% |
| 3 years | +20.3% |
| 5 years | +10.1% |
| 10 years | +11.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NZAC |
|---|---|---|
| 2026 YTD | +11.3% | |
| 2025 | +20.5% | |
| 2024 | +16.7% | |
| 2023 | +23.2% | |
| 2022 | −19.8% | |
| 2021 | +18.3% | |
| 2020 | +17.2% |
NZAC in the news
ETF.net Research hasn’t filed on NZAC yet — coverage lands here as it’s written.
NZAC Dividends
- 1.99%
- $0.94
- $0.30 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 1, 2026 | Jun 5, 2026 | $0.30 |
| Nov 25, 2025 | Dec 2, 2025 | $0.65 |
| Jun 2, 2025 | Jun 6, 2025 | $0.17 |
| Dec 2, 2024 | Dec 6, 2024 | $0.40 |
| Jun 3, 2024 | Jun 7, 2024 | $0.28 |
| Dec 1, 2023 | Dec 8, 2023 | $0.23 |
| Jun 1, 2023 | Jun 8, 2023 | $0.29 |
| Dec 1, 2022 | Dec 5, 2022 | $0.21 |
| Jun 1, 2022 | Jun 6, 2022 | $0.26 |
| Dec 17, 2021 | Dec 27, 2021 | $0.31 |
| Jun 1, 2021 | Jun 8, 2021 | $0.23 |
| Dec 18, 2020 | Dec 24, 2020 | $0.26 |
NZAC Risk
- 12.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.03
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −28.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NZAC Cost
- The middle half of Other Major Indexes funds
- Median 0.29%
12 of the 42 Other Major Indexes funds charge less.