Skip to content
etf.net

Launched

State Street SPDR MSCI ACWI Climate Paris Aligned ETF

NZACNasdaqSPDRB

$45.51−0.37 (−0.80%)

As of Nov 10, 2026, 11:15 AM ET

B60/ 100

Rank 19 of 42 in Other Major Indexes

B60/100Rank 19 of 42inOther Major Indexes
Intraday session: down, 22 prints from 45.88 to 45.51. Range 45.44 to 45.84. Use the arrow keys to read each point.45.6045.7045.8010 AM12 PM2 PM4 PM
Expense ratio
0.12%
Fund size
$188M
1Y total return
+9.7%
Yield · Last 12 months
2.06%
Holdings
644
Avg volume · 30D
5.76K sh
52W range
low $39.32high $47.56
Launched

The ETF.net NZAC Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Category
Other Major Indexes⁠
Rank
19 of 42
Six-pillar profile for NZAC. Scores out of 100: Cost 70, Risk 62, Mission not scored, Tradability 34, Holdings 65, Durability 72. Strongest: Durability (72). Weakest: Tradability (34). Based on 5 of 6 pillars.

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 100
    Rank 13 of 42

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B62 out of 100
    Rank 11 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D34 out of 100
    Rank 31 of 42

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B65 out of 100
    Rank 14 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A72 out of 100
    Rank 12 of 42

Our read on NZAC

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Nov 25, 2014

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

NZAC$10,972
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. NZAC $10,972. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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.

Trailing total return for NZAC. Periods over one year show the average yearly return.
PeriodNZAC
Year to date+7.6%
1 month−2.2%
3 months−3.0%
1 year+9.7%
3 yearsper year+19.1%
5 yearsper year+8.4%
10 yearsper year+11.8%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for NZAC
YearReturn barNZAC
2026 YTD+7.6%
2025+20.5%
2024+16.7%
2023+23.2%
2022−19.8%
2021+18.3%
2020+17.2%

NZAC in the news

NZAC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
2.06%Last 12 months
Payout per share
$0.94Last 12 months
Last payment
$0.30 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 16, 2017 $0.28; Dec 15, 2017 $0.21; Jun 1, 2018 $0.24; Dec 21, 2018 $0.26; Jun 3, 2019 $0.25; Dec 20, 2019 $0.29; Jun 1, 2020 $0.20; Dec 18, 2020 $0.26; Jun 1, 2021 $0.23; Dec 17, 2021 $0.31; Jun 1, 2022 $0.26; Dec 1, 2022 $0.21; Jun 1, 2023 $0.29; Dec 1, 2023 $0.23; Jun 3, 2024 $0.28; Dec 2, 2024 $0.40; Jun 2, 2025 $0.17; Nov 25, 2025 $0.65; Jun 1, 2026 $0.30. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 1, 2026Jun 5, 2026$0.30
Nov 25, 2025Dec 2, 2025$0.65
Jun 2, 2025Jun 6, 2025$0.17
Dec 2, 2024Dec 6, 2024$0.40
Jun 3, 2024Jun 7, 2024$0.28
Dec 1, 2023Dec 8, 2023$0.23
Jun 1, 2023Jun 8, 2023$0.29
Dec 1, 2022Dec 5, 2022$0.21
Jun 1, 2022Jun 6, 2022$0.26
Dec 17, 2021Dec 27, 2021$0.31
Jun 1, 2021Jun 8, 2021$0.23
Dec 18, 2020Dec 24, 2020$0.26

See all 24 payments⁠

$10,000 in NZAC 10 years ago paid $3,000 in dividends.⁠

NZAC Risk

Risk pillarB62 out of 100Rank 11 of 42 in Other Major Indexes
How much the fund’s monthly returns vary, scaled to a year.
12.2%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.23
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−28.3%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.01
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

NZAC Cost

Compare NZAC and SCHK

Overpaying vs SCHK, cheapest in Other Major Indexes

$1,882

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NZAC 0.12%

    $2,520

  • SCHK 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • NZAC 0.12%
  • SCHK 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K051015202530NZAC $2,520SCHK $638

Year by year

YearNZACSCHKOverpaying
10$220$55$165
20$859$216$643
30$2,520$638$1,882

Other funds in Other Major Indexes

See others