SPDR MSCI ACWI Climate Paris Aligned ETF

NZAC

Market cap $182M

ACWX charges a higher expense ratio but delivers a higher yield and broader international diversification. NZAC has outperformed over five years and leans more heavily into technology, while ACWX is more focused on financials and industrials.

NZAC screens for climate risks and has a slightly heavier technology allocation than URTH. URTH has nearly twice as many holdings as the climate-focused ETF.

NZAC applies an ESG climate screen and leans more heavily into technology, while URTH follows the traditional developed-markets universe. NZAC charges a lower expense ratio but is much smaller and less liquid than URTH, which may affect trading costs for larger investors.

SPDR Portfolio MSCI Global Stock Market ETF offers broader diversification and a longer track record than SPDR MSCI ACWI Climate Paris Aligned ETF. NZAC applies an ESG screen with a climate focus, while SPGM is a plain-vanilla global tracker.

iShares MSCI World ETF charges double the expense ratio of SPDR MSCI ACWI Climate Paris Aligned ETF and pays a much lower dividend yield URTH covers more holdings and has outperformed NZAC over the past year and five years, but skips emerging markets and climate screens NZAC tilts more toward technology and climate-focused criteria, while URTH offers greater liquidity and a longer track record