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NZAC - AI Analysis
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SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)
Rating:67Neutral
Price Target:
$47.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as Nvidia, Broadcom, and Alphabet, have delivered strong year-to-date performance, boosting overall returns.
Low Expense Ratio
The ETF charges a very low expense ratio, making it cost-effective compared to many other funds.
Broad Geographic Exposure
The fund invests in companies across multiple countries, providing diversification beyond the U.S. market.
Negative Factors
High U.S. Concentration
Over 66% of the ETF's assets are invested in U.S. companies, which increases exposure to domestic market risks.
Sector Concentration in Technology
Nearly 29% of the portfolio is allocated to the technology sector, making the fund vulnerable to downturns in tech stocks.
Mixed Performance Among Holdings
While some top holdings have performed well, others like Amazon have shown weaker year-to-date performance, which may impact overall returns.
NZAC vs. SPDR S&P 500 ETF (SPY)
AUM181.53M
RegionGlobal
Expense Ratio0.12%
Beta0.91
IssuerSPDR
Inception DateNov 25, 2014
Dividend Yield1.3%
Asset ClassEquity
Index TrackedMSCI ACWI Climate Paris Aligned Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,476
30 Day Avg. Volume7,435
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
48.09Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering733
NZAC Summary
The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an investment fund that focuses on companies worldwide that are working to reduce their carbon footprints and align with the climate goals of the Paris Agreement. It includes well-known companies like Nvidia and Apple, and covers industries such as technology, finance, and healthcare. This ETF is a great option for investors who want to support sustainable practices while gaining exposure to a diverse range of global stocks. However, since it tracks the broader market, its value can go up and down with global economic trends.
How much will it cost me?The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) has an expense ratio of 0.12%, which means you’ll pay $1.20 per year for every $1,000 invested. This is lower than average for actively managed funds, as NZAC is passively managed and tracks an index focused on climate-conscious companies.
What would affect this ETF?The NZAC ETF could benefit from the global shift toward sustainable energy and low-carbon initiatives, as governments and businesses increasingly prioritize climate-friendly policies and technologies. Its strong exposure to technology and financial sectors, along with top holdings like Nvidia, Apple, and Microsoft, positions it to gain from innovation and growth in these areas. However, potential risks include regulatory changes or economic slowdowns that could impact global markets or specific sectors, as well as challenges faced by companies in meeting climate goals.
NZAC Top 10 Holdings
The NZAC ETF leans heavily into technology, with names like Nvidia, Apple, and Microsoft driving its performance thanks to their steady growth in AI and cloud services. Nvidia, in particular, continues to shine as a leader in AI infrastructure, while Apple’s momentum has been mixed, showing signs of slowing despite its global expansion efforts. Amazon and Meta Platforms have been lagging recently, with challenges in AWS margins and regulatory hurdles weighing on their outlook. With a clear focus on tech and a global reach, the fund’s positioning reflects the push toward innovation and sustainability, though some holdings may need to regain their footing.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 5.46% | $10.01M | $4.89T | 42.32% | 85 Outperform | |
| Apple | 4.57% | $8.38M | $3.99T | 15.12% | 78 Outperform | |
| Microsoft | 4.42% | $8.11M | $4.03T | 25.49% | 83 Outperform | |
| Amazon | 2.36% | $4.33M | $2.44T | 20.13% | 77 Outperform | |
| Alphabet Class C | 1.92% | $3.53M | $3.24T | 56.85% | 83 Outperform | |
| Broadcom | 1.88% | $3.44M | $1.76T | 108.08% | 79 Outperform | |
| Meta Platforms | 1.87% | $3.44M | $1.89T | 26.66% | 82 Outperform | |
| Tesla | 1.69% | $3.10M | $1.53T | 77.46% | 73 Outperform | |
| Alphabet Class A | 1.38% | $2.52M | $3.24T | 57.63% | 82 Outperform | |
| JPMorgan Chase | 1.15% | $2.11M | $839.66B | 36.99% | 70 Outperform |
NZAC Technical Analysis
Positive
―
Price Trends
42.07
Positive
40.82
Positive
38.55
Positive
Market Momentum
0.43
Negative
64.97
Neutral
92.58
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NZAC, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 42.89, equal to the 50-day MA of 42.07, and equal to the 200-day MA of 38.55, indicating a bullish trend. The MACD of 0.43 indicates Negative momentum. The RSI at 64.97 is Neutral, neither overbought nor oversold. The STOCH value of 92.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NZAC.
NZAC Peer Comparison
Comparison Results
Performance Comparison
NZAC
SPDR MSCI ACWI Climate Paris Aligned ETF
43.66
7.20
19.75%
CRBN
iShares MSCI ACWI Low Carbon Target ETF
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IHAK
iShares Cybersecurity & Tech ETF
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TAN
Invesco Solar ETF
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IQSZ
Invesco Global Equity Net Zero ETF
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SMOG
VanEck Low Carbon Energy ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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