State Street SPDR MSCI ACWI Climate Paris Aligned ETF
$46.87+0.04 (+0.09%)
- 0.12%
- $197M
- +14.6%
- 2.02%
- 0M sh
- $46.89
- low $39.32high $47.56
The ETF.net NZAC Grade
B
Score 60 out of 100
- 19 of 43
Score 60 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A70 out of 100Rank 13 of 43Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B59 out of 100Rank 16 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 31 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B65 out of 100Rank 15 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 12 of 43
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
- 645
- 29%
- NVDA
Sectors
- Technology40.4%
- Financials15.2%
- Health Care8.9%
- Communication8.5%
- Consumer Discretionary7.9%
- Industrials7.2%
- Real Estate5.4%
- Materials2.3%
- Utilities1.9%
- Energy1.3%
- Consumer Staples0.9%
Geography
- United States65.53%
- Canada4.03%
- Taiwan3.48%
- Japan3.43%
- Switzerland2.84%
- United Kingdom2.33%
- France2.00%
- China1.87%
- 14.49%
Developed 68% · Emerging 32%
NZAC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
NZAC$11,465
Returns run to the Oct 12, 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 | +9.9% |
| 1 month | +0.4% |
| 3 months | +1.4% |
| 1 year | +14.6% |
| 3 years | +19.8% |
| 5 years | +10.1% |
| 10 years | +11.9% |
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 | +9.9% | |
| 2025 | +20.5% | |
| 2024 | +16.7% | |
| 2023 | +23.2% | |
| 2022 | −19.8% | |
| 2021 | +18.3% | |
| 2020 | +17.2% |
NZAC in the news
NZAC Dividends
- 2.02%
- $0.94
- $0.30 per share
- Twice a year
Distribution history
NZAC Risk
- 12.3%
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.
- 1.18
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
0.12%
NZAC0.12%
- The middle half of Other Major Indexes funds
- Median 0.29%
12 of the 42 Other Major Indexes funds charge less.
Other funds in Other Major Indexes
- BXJRiShares ESG Select Screened S&P Small-Cap ETFExpense ratio 0.12%1 year return +20.5%
- BPRFZInvesco RAFI US 1500 Small-Mid ETFExpense ratio 0.36%1 year return +21.4%
- BSPUSSP Funds S&P 500 Sharia Industry Exclusions ETFExpense ratio 0.45%1 year return +25.3%
- BRFGInvesco S&P MidCap 400 Pure Growth ETFExpense ratio 0.35%1 year return +20.5%
- CBBEMJPMorgan BetaBuilders Emerging Markets Equity ETFExpense ratio 0.15%1 year return +28.7%