NZAC - ETF AI Analysis
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SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the past month and year-to-date, indicating positive recent momentum.
Leading Growth Companies in Top Holdings
Several major positions like Nvidia, Amazon, Alphabet, Broadcom, Meta, and Digital Realty have delivered strong performance, helping drive the fund’s returns.
Low Expense Ratio
The fund’s relatively low fee means more of the investment returns stay in investors’ pockets over time.
Negative Factors
Heavy Tilt Toward U.S. Market
With a large majority of assets in U.S. stocks, the fund is highly exposed to the direction of the U.S. market and less diversified globally.
Concentration in Technology
A significant portion of the portfolio is in the technology sector, which can increase volatility if tech stocks fall out of favor.
Some Large Holdings Are Underperforming
Key names like Apple, Microsoft, and Tesla have shown weak performance so far this year, which can weigh on overall returns if the trend continues.
NZAC vs. SPDR S&P 500 ETF (SPY)
AUM191.76M
RegionGlobal
Expense Ratio0.12%
Beta0.92
IssuerState Street
Inception DateNov 25, 2014
Dividend Yield2.05%
Asset ClassEquity
Index TrackedMSCI ACWI Climate Paris Aligned PAB Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,782
30 Day Avg. Volume5,134
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
54.49Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering545
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NZAC Summary
NZAC is an ETF that follows the MSCI ACWI Climate Paris Aligned Index, which focuses on companies working to reduce carbon emissions and support the goals of the Paris climate agreement. It holds a wide mix of global stocks, with a big share in U.S. technology and other large companies like Apple and Nvidia. Someone might invest in NZAC to get broad global stock market exposure while also supporting a shift toward a lower-carbon economy. A key risk is that it is still a stock fund, so its value can go up and down with the overall market and tech sector.
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
NZAC’s story is all about climate-conscious Big Tech and chipmakers setting the tone. Nvidia and Broadcom have been rising on the back of AI demand, while AMD and Marvell are really catching the wind, giving the fund a strong semiconductor backbone. Apple and Alphabet look steadier, helping smooth out bumps, but Microsoft and Tesla have been losing a bit of steam lately and can drag on returns. Overall, the ETF leans heavily toward global tech—especially U.S.-based giants—within a diversified, low-carbon, worldwide equity mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 6.07% | $11.66M | $5.13T | 24.00% | 76 Outperform | |
| Apple | 5.08% | $9.75M | $4.62T | 55.83% | 79 Outperform | |
| Microsoft | 3.04% | $5.83M | $2.86T | -21.75% | 79 Outperform | |
| Amazon | 2.45% | $4.70M | $2.66T | 14.23% | 71 Outperform | |
| Alphabet Class C | 2.42% | $4.65M | $4.36T | 101.45% | 82 Outperform | |
| Broadcom | 1.91% | $3.67M | $1.85T | 40.41% | 76 Outperform | |
| Tesla | 1.68% | $3.23M | $1.49T | 22.63% | 73 Outperform | |
| Alphabet Class A | 1.60% | $3.07M | $4.36T | 102.72% | 85 Outperform | |
| Meta Platforms | 1.57% | $3.02M | $1.68T | -3.07% | 76 Outperform | |
| Advanced Micro Devices | 1.36% | $2.61M | $893.78B | 230.55% | 73 Outperform |
NZAC Technical Analysis
Positive
―
Price Trends
45.64
Positive
43.95
Positive
43.16
Positive
Market Momentum
0.14
Negative
54.66
Neutral
55.51
Neutral
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 45.70, equal to the 50-day MA of 45.64, and equal to the 200-day MA of 43.16, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 54.66 is Neutral, neither overbought nor oversold. The STOCH value of 55.51 is Neutral, 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
46.07
7.11
18.25%
TRFK
Pacer Data and Digital Revolution ETF
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GII
SPDR S&P Global Infrastructure ETF
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NUKZ
Range Nuclear Renaissance Index 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.
DisclaimerThis 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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