NZAC vs. CRBN ETF Comparison

Comparison of SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) to iShares MSCI ACWI Low Carbon Target ETF (CRBN)

NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

NZAC Description

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to exceed the minimum standards for a "Paris-Aligned Benchmark" under the EU BMR. A Paris-Aligned Benchmark is designed to align with a principal objective of the Paris Agreement to limit the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels.

Grade (RS Rating)

Last Trade

$37.38

Average Daily Volume

13,943

Number of Holdings ^*

367

* may have additional holdings in another (foreign) market

CRBN

iShares MSCI ACWI Low Carbon Target ETF

CRBN Description

The investment seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market. The fund seeks to track the investment results of the MSCI ACWI Low Carbon Target Index. It generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to address two dimensions of carbon exposure - carbon emissions and potential carbon emissions from fossil fuel reserves. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$196.07

Average Daily Volume

7,692

Number of Holdings ^*

386

* may have additional holdings in another (foreign) market

Performance

Period	NZAC	CRBN
30 Days	3.24%	3.21%
60 Days	6.90%	6.30%
90 Days	8.42%	6.99%
12 Months	33.68%	32.85%

288 Overlapping Holdings

Symbol	Grade	Weight in NZAC	Weight in CRBN	Overlap
A	C	0.06%	0.05%	0.05%
AAPL	C	4.53%	4.4%	4.4%
ABBV	B	0.4%	0.5%	0.4%
ABBV	B	0.6%	0.5%	0.5%
ABNB	D	0.05%	0.11%	0.05%
ABT	C	0.19%	0.08%	0.08%
ACGL	B	0.14%	0.08%	0.08%
ACM	B	0.34%	0.02%	0.02%
ACN	C	0.37%	0.28%	0.28%
ADBE	F	0.37%	0.3%	0.3%
ADI	C	0.51%	0.18%	0.18%
ADP	C	0.19%	0.23%	0.19%
ADSK	B	0.08%	0.05%	0.05%
AFG	C	0.07%	0.01%	0.01%
AFL	A	0.27%	0.18%	0.18%
AIG	D	0.14%	0.05%	0.05%
AIZ	B	0.08%	0.01%	0.01%
AJG	D	0.07%	0.03%	0.03%
ALB	D	0.01%	0.01%	0.01%
ALGN	D	0.03%	0.03%	0.03%
ALL	C	0.14%	0.03%	0.03%
ALLE	B	0.09%	0.03%	0.03%
AMAT	D	0.13%	0.12%	0.12%
AMD	C	0.31%	0.34%	0.31%
AME	C	0.15%	0.29%	0.15%
AMGN	D	0.25%	0.28%	0.25%
AMP	B	0.13%	0.05%	0.05%
AMT	C	0.13%	0.16%	0.13%
AMZN	C	2.25%	2.34%	2.25%
ANET	C	0.06%	0.15%	0.06%
ANSS	D	0.01%	0.04%	0.01%
AON	B	0.1%	0.1%	0.1%
APH	C	0.11%	0.17%	0.11%
APO	B	0.13%	0.07%	0.07%
AVB	C	0.12%	0.04%	0.04%
AVGO	C	1.14%	1.05%	1.05%
AXON	B	0.04%	0.21%	0.04%
AXP	B	0.34%	0.23%	0.23%
BAC	D	0.37%	0.36%	0.36%
BAH	B	0.03%	0.03%	0.03%
BAX	C	0.03%	0.0%	0.0%
BBWI	D	0.01%	0.01%	0.01%
BDX	D	0.11%	0.11%	0.11%
BIIB	F	0.04%	0.04%	0.04%
BK	B	0.12%	0.11%	0.11%
BKNG	B	0.19%	0.2%	0.19%
BLK	B	0.24%	0.16%	0.16%
BMY	C	0.21%	0.21%	0.21%
BR	C	0.08%	0.07%	0.07%
BRK.A	C	0.38%	0.64%	0.38%
BRO	C	0.05%	0.02%	0.02%
BSX	B	0.29%	0.19%	0.19%
BX	C	0.17%	0.13%	0.13%
BXP	C	0.07%	0.03%	0.03%
C	C	0.01%	0.22%	0.01%
CB	B	0.24%	0.25%	0.24%
CBOE	C	0.03%	0.03%	0.03%
CCI	C	0.08%	0.1%	0.08%
CDW	D	0.17%	0.04%	0.04%
CEG	C	0.04%	0.05%	0.04%
CHD	C	0.09%	0.06%	0.06%
CHTR	D	0.06%	0.08%	0.06%
CINF	C	0.06%	0.0%	0.0%
CMCSA	C	0.24%	0.27%	0.24%
CME	B	0.12%	0.12%	0.12%
CMG	D	0.07%	0.14%	0.07%
COF	B	0.11%	0.07%	0.07%
COIN	F	0.02%	0.05%	0.02%
CPAY	B	0.04%	0.05%	0.04%
CPRT	D	0.04%	0.1%	0.04%
CRM	C	0.34%	0.32%	0.32%
CRWD	D	0.02%	0.06%	0.02%
CSCO	B	0.37%	0.39%	0.37%
CSGP	D	0.03%	0.04%	0.03%
CSX	C	0.09%	0.13%	0.09%
CTAS	C	0.04%	0.15%	0.04%
CTLT	B	0.02%	0.01%	0.01%
CTSH	B	0.08%	0.07%	0.07%
DASH	B	0.02%	0.07%	0.02%
DE	A	0.14%	0.04%	0.04%
DFS	C	0.07%	0.05%	0.05%
DGX	B	0.02%	0.06%	0.02%
DHR	B	0.23%	0.27%	0.23%
DIS	D	0.24%	0.23%	0.23%
DLR	B	0.35%	0.05%	0.05%
DLTR	F	0.03%	0.04%	0.03%
DOC	B	0.01%	0.01%	0.01%
DOCU	C	0.01%	0.01%	0.01%
DXCM	F	0.03%	0.04%	0.03%
EA	D	0.01%	0.07%	0.01%
EBAY	B	0.14%	0.1%	0.1%
ECL	B	0.06%	0.18%	0.06%
EFX	C	0.03%	0.1%	0.03%
EG	B	0.03%	0.03%	0.03%
EIX	B	0.83%	0.22%	0.22%
EL	D	0.04%	0.05%	0.04%
ELV	D	0.23%	0.17%	0.17%
ENPH	D	0.1%	0.02%	0.02%
EPAM	F	0.01%	0.01%	0.01%
EQH	C	0.09%	0.09%	0.09%
EQIX	B	0.32%	0.11%	0.11%
EQR	C	0.08%	0.04%	0.04%
ERIE	B	0.04%	0.01%	0.01%
ESS	C	0.1%	0.01%	0.01%
ETN	C	0.26%	0.18%	0.18%
EW	F	0.11%	0.06%	0.06%
EXAS	D	0.01%	0.01%	0.01%
EXR	C	0.05%	0.06%	0.05%
FAST	C	0.15%	0.13%	0.13%
FFIV	B	0.17%	0.09%	0.09%
FIS	C	0.06%	0.08%	0.06%
FSLR	C	0.2%	0.05%	0.05%
FTNT	B	0.07%	0.05%	0.05%
FTV	C	0.1%	0.17%	0.1%
GDDY	C	0.03%	0.02%	0.02%
GILD	B	0.06%	0.18%	0.06%
GIS	B	0.1%	0.01%	0.01%
GOOG	D	1.37%	1.04%	1.04%
GOOGL	D	0.98%	1.3%	0.98%
GPN	D	0.04%	0.07%	0.04%
GRMN	D	0.06%	0.11%	0.06%
GS	B	0.05%	0.24%	0.05%
GWW	B	0.19%	0.03%	0.03%
HD	B	0.56%	0.57%	0.56%
HDB	C	0.14%	0.04%	0.04%
HIG	B	0.12%	0.06%	0.06%
HLT	B	0.02%	0.08%	0.02%
HSY	D	0.06%	0.05%	0.05%
HUM	F	0.07%	0.04%	0.04%
IBM	B	0.63%	0.34%	0.34%
ICE	C	0.13%	0.12%	0.12%
IDXX	D	0.08%	0.08%	0.08%
IEX	C	0.04%	0.15%	0.04%
ILMN	D	0.03%	0.02%	0.02%
INTC	D	0.16%	0.14%	0.14%
INTU	D	0.29%	0.22%	0.22%
IPG	C	0.02%	0.02%	0.02%
IQV	D	0.13%	0.09%	0.09%
IRM	C	0.06%	0.06%	0.06%
ISRG	C	0.28%	0.24%	0.24%
IT	C	0.03%	0.07%	0.03%
ITW	B	0.31%	0.12%	0.12%
JNJ	C	0.66%	0.6%	0.6%
JPM	D	0.94%	0.81%	0.81%
KDP	B	0.09%	0.06%	0.06%
KEYS	B	0.07%	0.04%	0.04%
KKR	B	0.11%	0.1%	0.1%
KLAC	D	0.18%	0.24%	0.18%
KVUE	B	0.01%	0.11%	0.01%
LIN	B	0.08%	0.11%	0.08%
LLY	D	1.16%	0.97%	0.97%
LOW	B	0.24%	0.18%	0.18%
LRCX	D	0.11%	0.09%	0.09%
LULU	D	0.07%	0.05%	0.05%
MA	B	0.61%	0.54%	0.54%
MAR	B	0.02%	0.06%	0.02%
MAS	B	0.01%	0.07%	0.01%
MCD	B	0.37%	0.45%	0.37%
MCO	C	0.23%	0.07%	0.07%
MDT	B	0.23%	0.12%	0.12%
MELI	C	0.16%	0.16%	0.16%
MET	B	0.21%	0.11%	0.11%
META	B	1.64%	1.61%	1.61%
MKL	C	0.07%	0.0%	0.0%
MKTX	D	0.01%	0.01%	0.01%
MMC	C	0.2%	0.2%	0.2%
MNST	D	0.03%	0.1%	0.03%
MRK	F	0.57%	0.43%	0.43%
MRNA	F	0.02%	0.01%	0.01%
MRVL	D	0.1%	0.1%	0.1%
MS	B	0.2%	0.16%	0.16%
MSFT	C	4.23%	3.95%	3.95%
MSI	B	0.24%	0.16%	0.16%
MSTR	C	0.01%	0.03%	0.01%
MTB	C	0.08%	0.05%	0.05%
MTCH	C	0.01%	0.01%	0.01%
MTD	C	0.07%	0.04%	0.04%
MU	D	0.08%	0.12%	0.08%
NEM	C	0.11%	0.09%	0.09%
NFLX	B	0.42%	0.42%	0.42%
NKE	D	0.13%	0.13%	0.13%
NOW	C	0.36%	0.2%	0.2%
NSC	C	0.04%	0.08%	0.04%
NTAP	D	0.06%	0.09%	0.06%
NTRS	C	0.04%	0.05%	0.04%
NVDA	C	3.82%	3.77%	3.77%
NXPI	D	0.01%	0.09%	0.01%
O	B	0.07%	0.01%	0.01%
ODFL	D	0.02%	0.06%	0.02%
OMC	B	0.03%	0.03%	0.03%
ORCL	B	0.54%	0.4%	0.4%
PANW	D	0.12%	0.13%	0.12%
PAYC	D	0.01%	0.04%	0.01%
PAYX	C	0.07%	0.14%	0.07%
PFE	D	0.22%	0.23%	0.22%
PGR	C	0.22%	0.19%	0.19%
PH	B	0.23%	0.11%	0.11%
PINS	D	0.01%	0.02%	0.01%
PLD	C	0.24%	0.16%	0.16%
PLTR	C	0.04%	0.09%	0.04%
PNC	C	0.17%	0.1%	0.1%
PODD	C	0.02%	0.01%	0.01%
POOL	C	0.03%	0.0%	0.0%
PRU	C	0.14%	0.03%	0.03%
PSA	C	0.12%	0.11%	0.11%
PWR	B	0.22%	0.02%	0.02%
PYPL	B	0.12%	0.11%	0.11%
QCOM	D	0.28%	0.25%	0.25%
REG	C	0.08%	0.0%	0.0%
REGN	D	0.15%	0.17%	0.15%
RIVN	F	0.01%	0.04%	0.01%
RMD	C	0.08%	0.03%	0.03%
ROK	D	0.08%	0.04%	0.04%
ROL	C	0.02%	0.04%	0.02%
ROP	C	0.02%	0.2%	0.02%
ROST	C	0.1%	0.05%	0.05%
RPRX	C	0.02%	0.1%	0.02%
RS	D	0.08%	0.14%	0.08%
SBAC	C	0.03%	0.05%	0.03%
SBUX	C	0.15%	0.19%	0.15%
SCHW	D	0.15%	0.13%	0.13%
SHW	B	0.56%	0.13%	0.13%
SMCI	F	0.02%	0.03%	0.02%
SNA	B	0.01%	0.07%	0.01%
SNAP	D	0.01%	0.01%	0.01%
SNOW	F	0.02%	0.03%	0.02%
SPG	B	0.14%	0.11%	0.11%
SPGI	C	0.4%	0.15%	0.15%
SQ	D	0.01%	0.04%	0.01%
SQ	D	0.02%	0.04%	0.02%
STE	B	0.03%	0.04%	0.03%
STT	B	0.02%	0.05%	0.02%
STZ	C	0.04%	0.12%	0.04%
SWKS	F	0.01%	0.01%	0.01%
SYF	C	0.07%	0.06%	0.06%
SYK	C	0.23%	0.14%	0.14%
T	B	0.17%	0.27%	0.17%
TDG	B	0.14%	0.02%	0.02%
TEL	D	0.11%	0.11%	0.11%
TER	C	0.04%	0.06%	0.04%
TFX	B	0.02%	0.02%	0.02%
TGT	C	0.03%	0.05%	0.03%
TJX	C	0.36%	0.1%	0.1%
TMO	B	0.38%	0.3%	0.3%
TMUS	B	0.11%	0.15%	0.11%
TRMB	C	0.06%	0.06%	0.06%
TROW	C	0.04%	0.03%	0.03%
TRU	B	0.01%	0.07%	0.01%
TRV	C	0.14%	0.1%	0.1%
TSLA	C	0.98%	0.98%	0.98%
TTD	B	0.05%	0.07%	0.05%
TW	B	0.02%	0.01%	0.01%
TXN	B	0.27%	0.27%	0.27%
UBER	C	0.17%	0.2%	0.17%
ULTA	D	0.06%	0.06%	0.06%
UNH	C	0.75%	0.7%	0.7%
UNP	D	0.22%	0.24%	0.22%
UPS	D	0.07%	0.07%	0.07%
URI	B	0.05%	0.23%	0.05%
USB	C	0.11%	0.08%	0.08%
V	C	0.69%	0.65%	0.65%
VEEV	C	0.03%	0.08%	0.03%
VICI	C	0.03%	0.08%	0.03%
VLTO	B	0.03%	0.04%	0.03%
VMC	C	0.01%	0.08%	0.01%
VRSK	D	0.04%	0.13%	0.04%
VRSN	C	0.01%	0.02%	0.01%
VRT	C	0.02%	0.07%	0.02%
VRTX	D	0.14%	0.16%	0.14%
VZ	A	0.22%	0.29%	0.22%
WAB	B	0.08%	0.1%	0.08%
WAT	B	0.02%	0.02%	0.02%
WDAY	D	0.02%	0.04%	0.02%
WELL	C	0.14%	0.07%	0.07%
WFC	D	0.19%	0.27%	0.19%
WIT	C	0.07%	0.04%	0.04%
WIT	C	0.0%	0.04%	0.0%
WMT	B	0.33%	0.32%	0.32%
WRB	D	0.07%	0.02%	0.02%
WST	D	0.02%	0.03%	0.02%
WTW	B	0.07%	0.05%	0.05%
WYNN	C	0.01%	0.02%	0.01%
XYL	C	0.4%	0.13%	0.13%
YUM	B	0.07%	0.05%	0.05%
Z	C	0.01%	0.04%	0.01%
ZBH	F	0.04%	0.06%	0.04%
ZM	C	0.02%	0.01%	0.01%
ZTS	B	0.18%	0.13%	0.13%

NZAC Overweight 79 Positions Relative to CRBN

Symbol	Grade	Weight
NVS	C	0.46%
BABA	B	0.24%
TD	C	0.22%
PNR	B	0.2%
GLW	B	0.19%
ORLY	B	0.17%
CBRE	B	0.17%
SONY	C	0.17%
HPE	C	0.14%
JNPR	A	0.14%
DEO	C	0.12%
INFY	C	0.12%
LI	D	0.11%
PPG	C	0.11%
TDY	B	0.1%
SHOP	C	0.09%
WM	D	0.09%
AZO	B	0.09%
SCCO	C	0.08%
LEN	B	0.07%
PDD	D	0.07%
DHI	C	0.07%
MUFG	D	0.07%
RF	B	0.06%
HOLX	D	0.05%
TCOM	B	0.05%
HSIC	C	0.05%
PCAR	D	0.05%
VTR	C	0.05%
AVTR	C	0.04%
LYV	A	0.04%
BCS	B	0.04%
ALNY	C	0.04%
NDAQ	C	0.04%
UHAL	B	0.04%
PHM	B	0.04%
XRX	D	0.03%
MMM	B	0.03%
NVR	B	0.03%
RJF	C	0.03%
FOX	B	0.03%
CCEP	C	0.03%
XPEV	C	0.03%
LKQ	F	0.03%
CARR	B	0.03%
FOXA	B	0.03%
BURL	C	0.03%
AZN	D	0.03%
BIDU	C	0.03%
WPC	C	0.02%
TEVA	D	0.02%
LYG	B	0.02%
HBAN	B	0.02%
SEIC	B	0.02%
BMRN	F	0.02%
TT	B	0.02%
NIO	C	0.02%
ZBRA	B	0.02%
MOH	D	0.02%
HEI	C	0.02%
ASAI	F	0.02%
BCH	B	0.02%
STLD	C	0.01%
MBAVU	D	0.01%
QGEN	C	0.01%
JKHY	B	0.01%
SUI	C	0.01%
BIO	C	0.01%
CLX	C	0.01%
QFIN	A	0.01%
INCY	C	0.01%
TECH	C	0.01%
FDS	C	0.01%
NBIX	F	0.01%
KB	D	0.01%
CG	C	0.01%
MKC	C	0.01%
ALLY	F	0.01%
NIO	C	0.0%

NZAC Underweight 101 Positions Relative to CRBN

Symbol	Grade	Weight
PG	C	-0.66%
KO	B	-0.51%
HAL	F	-0.45%
PM	C	-0.45%
TRGP	C	-0.41%
MO	C	-0.36%
BKR	C	-0.33%
TPL	C	-0.3%
COST	C	-0.29%
SLB	F	-0.24%
PEP	D	-0.23%
AWK	C	-0.23%
FCX	C	-0.22%
OKE	C	-0.22%
IR	B	-0.22%
FI	B	-0.2%
NEE	B	-0.19%
WMB	C	-0.18%
CL	C	-0.16%
SSNC	C	-0.16%
HCA	B	-0.14%
GGG	C	-0.14%
CI	C	-0.13%
ES	B	-0.13%
CTVA	B	-0.12%
HUBB	B	-0.11%
MDLZ	C	-0.11%
OTIS	B	-0.11%
SNPS	F	-0.1%
LNG	D	-0.09%
CDNS	D	-0.09%
PCG	C	-0.09%
ED	B	-0.07%
MPWR	B	-0.07%
TFC	D	-0.07%
PEG	B	-0.07%
GEN	A	-0.07%
J	A	-0.06%
LVS	C	-0.06%
AKAM	D	-0.06%
RCL	B	-0.06%
PTC	C	-0.06%
WTRG	D	-0.06%
MCHP	D	-0.06%
IBN	C	-0.06%
LDOS	A	-0.05%
CVS	D	-0.05%
LH	D	-0.05%
FICO	B	-0.05%
HST	D	-0.05%
DG	F	-0.05%
FCNCA	D	-0.05%
COO	C	-0.05%
CHT	B	-0.04%
FWONK	C	-0.04%
APP	C	-0.04%
DVA	B	-0.04%
SOLV	D	-0.04%
VTRS	D	-0.04%
EMR	D	-0.04%
CFG	D	-0.03%
ON	D	-0.03%
DAY	D	-0.03%
AZPN	B	-0.03%
DDOG	D	-0.03%
GLPI	C	-0.03%
TTWO	D	-0.03%
TEAM	D	-0.03%
UTHR	B	-0.03%
PSTG	F	-0.03%
L	D	-0.03%
DKNG	C	-0.03%
EXC	B	-0.03%
NLY	B	-0.02%
HOOD	C	-0.02%
MGM	D	-0.02%
ENTG	D	-0.02%
INVH	D	-0.02%
FITB	B	-0.02%
NDSN	C	-0.02%
FNF	B	-0.02%
DECK	C	-0.02%
DRI	C	-0.01%
ROKU	D	-0.01%
ARE	C	-0.01%
TOST	C	-0.01%
RBLX	C	-0.01%
KIM	C	-0.01%
CELH	F	-0.01%
NET	D	-0.01%
TYL	C	-0.01%
HUBS	D	-0.01%
RVTY	B	-0.01%
MDB	D	-0.01%
OKTA	F	-0.01%
CNC	D	-0.01%
SRE	B	-0.01%
CRL	F	-0.0%
BEN	F	-0.0%
IOT	C	-0.0%
WBD	D	-0.0%