tiprankstipranks

NZAC Price & Analysis

Compare

NZAC ETF Chart & Stats

ETF Overview

SPDR MSCI ACWI Climate Paris Aligned ETF

The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is a forward-thinking investment vehicle designed to meet the growing demand for sustainable and environmentally-conscious financial products. By investing in this ETF, investors gain exposure to a diversified portfolio of global equities with a strategic focus on companies that align their business practices with the climate objectives set forth by the Paris Agreement. This ETF falls under the broader category of sector-focused funds, specifically targeting the theme of low-carbon initiatives, which is an increasingly critical niche in today's investment landscape. NZAC is meticulously constructed to include firms with robust climate strategies, emphasizing reduced carbon footprints and promoting sustainable energy solutions. The ETF seeks to mitigate climate transition risks while capturing opportunities presented by the global shift toward a low-carbon economy. By aligning its holdings with the MSCI ACWI Climate Paris Aligned Index, NZAC ensures that investors are partaking in a progressive journey towards a more sustainable future, all while maintaining a comprehensive exposure to the diverse global market. This ETF is particularly appealing to investors who are not only looking to achieve financial returns but also to contribute positively to climate change mitigation efforts. By incorporating environmental, social, and governance (ESG) factors into its investment strategy, NZAC provides an engaging and responsible option for those eager to support the transition to a sustainable global economy.
Asset Class
Equity
Region
Global
Issuer
SPDR
Index Tracked
MSCI ACWI Climate Paris Aligned Index
Ticker Symbol
NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) Fund Flow Chart

SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) 1 year Net Flows: -$148M

NZAC ETF FAQ

What was NZAC’s price range in the past 12 months?
NZAC lowest ETF price was $31.70 and its highest was $38.09 in the past 12 months.
    What is the AUM of NZAC?
    As of Jan 29, 2025 The AUM of NZAC is 152.87M.
      Is NZAC overvalued?
      According to Wall Street analysts NZAC’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does NZAC pay dividends?
        NZAC pays a Semiannually dividend of $0.404 which represents an annual dividend yield of 1.83%. See more information on NZAC dividends here
          How many shares outstanding does NZAC have?
          NZAC has 4,100,000 shares outstanding.
            Which hedge fund is a major shareholder of NZAC?
            Currently, no hedge funds are holding shares in NZAC

            NZAC ETF Smart Score

            For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.​

            Top 10 Holdings

            Name
            Weight %
            Apple Inc
            4.65%
            Microsoft
            4.27%
            Nvidia Corporation
            4.23%
            Amazon.Com, Inc.
            2.74%
            Meta Platforms, Inc.
            1.93%
            Tesla Motors
            1.71%
            Alphabet Inc. Class C
            1.61%
            Broadcom Inc.
            1.23%
            JPMorgan Chase & Co.
            1.16%
            Alphabet Inc. Class A
            1.15%
            Total24.69%
            See All Holdings
            Popular ETFs
            What am I Missing?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis