Key stats
About SPDR MSCI ACWI Climate Paris Aligned ETF
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Inception date
Nov 25, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
ISIN
US78463X1946
NZAC takes a climate approach to investing in the global large- and mid-cap space. The index initially screens out stocks from the MSCI ACWI Index, that are involved in controversial weapons, tobacco, thermal coal mining, oil and gas, and power generation, as well as severe ESG controversies and environmental issues. The portfolio selection and weighting utilize an optimization process that minimizes exposure to physical and transition risks of climate change while providing exposure to sustainable opportunities. Optimization constraints include greenhouse gas intensity reduction, low carbon transition score, climate value-at-risk, green revenue, and fossil fuels-based revenue. The index also uses an optimizer to maintain the sector weighting in the parent index. The fund uses a sampling strategy to track its index, which is rebalanced semi-annually. Before April 22, 2022, NZAC traded as SPDR MSCI ACWI Low Carbon Target ETF (LOWC) and tracked the MSCI ACWI Low Carbon Target Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Stocks98.90%
Finance23.04%
Electronic Technology19.61%
Technology Services18.90%
Health Technology8.46%
Producer Manufacturing5.55%
Retail Trade5.55%
Consumer Durables2.68%
Transportation2.15%
Utilities1.95%
Industrial Services1.67%
Consumer Services1.59%
Consumer Non-Durables1.53%
Commercial Services1.32%
Non-Energy Minerals1.24%
Process Industries1.21%
Communications1.08%
Health Services0.51%
Miscellaneous0.50%
Distribution Services0.36%
Bonds, Cash & Other1.10%
Mutual fund0.67%
UNIT0.31%
Cash0.09%
Rights & Warrants0.04%
Stock breakdown by region
North America67.02%
Europe17.31%
Asia12.33%
Oceania1.29%
Middle East1.13%
Latin America0.65%
Africa0.26%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NZAC invests in stocks. The fund's major sectors are Finance, with 23.04% stocks, and Electronic Technology, with 19.61% of the basket. The assets are mostly located in the North America region.
NZAC top holdings are NVIDIA Corporation and Apple Inc., occupying 5.25% and 4.46% of the portfolio correspondingly.
NZAC last dividends amounted to 0.17 USD. Six months before that, the issuer paid 0.40 USD in dividends, which shows a 142.55% decrease.
NZAC assets under management is 177.37 M USD. It's risen 1.00% over the last month.
NZAC fund flows account for 18.70 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NZAC pays dividends to its holders with the dividend yield of 1.36%. The last dividend (Jun 6, 2025) amounted to 0.17 USD. The dividends are paid semi-annually.
NZAC shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Nov 25, 2014, and its management style is Passive.
NZAC expense ratio is 0.12% meaning you'd have to pay 0.12% of your investment to help manage the fund.
NZAC follows the MSCI ACWI Climate Paris Aligned Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NZAC invests in stocks.
NZAC price has risen by 2.30% over the last month, and its yearly performance shows a 13.66% increase. See more dynamics on NZAC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.01% over the last month, showed a 8.90% increase in three-month performance and has increased by 16.56% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.01% over the last month, showed a 8.90% increase in three-month performance and has increased by 16.56% in a year.
NZAC trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.