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NZAC - ETF AI Analysis
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SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)
Rating:66Neutral
Price Target:―
Positive Factors
Global Diversification
The fund holds stocks from many countries across North America, Europe, and Asia, which helps spread out geographic risk.
Broad Sector Mix
Exposure to a wide range of sectors, led by technology but also including financials, health care, and industrials, reduces dependence on any single part of the economy.
Low Expense Ratio
The ETF charges a relatively low fee, so less of your potential return is lost to ongoing costs.
Negative Factors
Recent Weak Performance
The fund has shown slightly negative returns over the past month, three months, and year to date, which may concern investors looking for near-term strength.
Heavy U.S. Concentration
With a large majority of its assets in U.S. stocks, the ETF is heavily tied to the performance of the U.S. market.
Top Holdings Under Pressure
Several of the largest positions, including major technology and consumer names, have been weak so far this year, which can drag on overall fund results.
NZAC vs. SPDR S&P 500 ETF (SPY)
AUM166.08M
RegionGlobal
Expense Ratio0.12%
Beta0.89
IssuerState Street
Inception DateNov 25, 2014
Dividend Yield1.99%
Asset ClassEquity
Index TrackedMSCI ACWI Climate Paris Aligned PAB Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume12,411
30 Day Avg. Volume12,435
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
50.03Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering574
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, aiming to invest in companies around the world that are working to reduce carbon emissions and support a low‑carbon economy. It holds many well-known names like Apple and Nvidia, while spreading investments across sectors such as technology, finance, and health care. Someone might consider NZAC for broad global diversification while aligning their money with climate-focused goals. A key risk is that it is heavily tilted toward large tech and U.S. stocks, so its price can rise and fall sharply with those parts of the market.
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 is leaning heavily on Big Tech and AI, with Nvidia and Microsoft acting as key engines, even though Microsoft has been losing a bit of altitude lately. Nvidia’s continued strength and a steady Meta help keep the tech story alive, while Apple’s recent bounce offers a welcome counterweight after a softer stretch. Alphabet’s mixed but generally positive trend adds another pillar, and Amazon has been more of a drag than a driver. Overall, this is a globally diversified, climate-focused fund whose performance is still very much written by U.S. tech leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 5.78% | $9.60M | $4.38T | 48.15% | 76 Outperform | |
| Apple | 4.55% | $7.54M | $3.67T | 17.16% | 79 Outperform | |
| Microsoft | 3.50% | $5.80M | $2.94T | 1.80% | 79 Outperform | |
| Amazon | 2.28% | $3.78M | $2.23T | 4.91% | 71 Outperform | |
| Alphabet Class C | 2.26% | $3.75M | $3.65T | 79.85% | 82 Outperform | |
| Broadcom | 1.82% | $3.02M | $1.53T | 64.75% | 76 Outperform | |
| Meta Platforms | 1.67% | $2.77M | $1.55T | 1.00% | 76 Outperform | |
| Tesla | 1.65% | $2.73M | $1.47T | 56.49% | 73 Outperform | |
| Alphabet Class A | 1.63% | $2.70M | $3.65T | 82.66% | 85 Outperform | |
| Digital Realty | 1.28% | $2.13M | $61.72B | 20.89% | 69 Neutral |
NZAC Technical Analysis
Negative
―
Price Trends
43.02
Negative
42.75
Negative
41.26
Negative
Market Momentum
-0.40
Positive
31.76
Neutral
21.40
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NZAC, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 42.63, equal to the 50-day MA of 43.02, and equal to the 200-day MA of 41.26, indicating a bearish trend. The MACD of -0.40 indicates Positive momentum. The RSI at 31.76 is Neutral, neither overbought nor oversold. The STOCH value of 21.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NZAC.
NZAC Peer Comparison
Comparison Results
Performance Comparison
NZAC
SPDR MSCI ACWI Climate Paris Aligned ETF
41.66
6.54
18.62%
CRBN
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IVES
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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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