NZAC vs. DBAW ETF Comparison

Comparison of SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

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

$34.72

Average Daily Volume

4,641

Number of Holdings ^*

368

* may have additional holdings in another (foreign) market

DBAW

db X-trackers MSCI All World ex US Hedged Equity Fund

DBAW Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index. The fund, using a "passive" or indexing investment approach, attempts to approximate the investment performance of the underlying index. The underlying index is designed to provide exposure to equity securities in developed and emerging stock markets (excluding the United States), while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.54

Average Daily Volume

23,346

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NZAC	DBAW
30 Days	1.76%	-1.31%
60 Days	9.46%	5.08%
90 Days	3.29%	3.01%
12 Months	18.12%	15.15%

30 Overlapping Holdings

Symbol	Grade	Weight in NZAC	Weight in DBAW	Overlap
ABBV	B	0.37%	0.33%	0.33%
ABBV	B	0.64%	0.33%	0.33%
ASAI	F	0.02%	0.03%	0.02%
BABA	F	0.23%	0.56%	0.23%
BCH	C	0.02%	0.02%	0.02%
BCS	B	0.04%	0.15%	0.04%
BIDU	F	0.04%	0.1%	0.04%
CCEP	B	0.03%	0.05%	0.03%
DEO	F	0.13%	0.27%	0.13%
HDB	B	0.14%	0.19%	0.14%
KB	B	0.01%	0.08%	0.01%
LI	F	0.1%	0.04%	0.04%
LYG	B	0.02%	0.16%	0.02%
MUFG	C	0.08%	0.43%	0.08%
NIO	F	0.02%	0.02%	0.02%
NVS	B	0.45%	0.76%	0.45%
PDD	C	0.11%	0.32%	0.11%
QFIN	B	0.01%	0.01%	0.01%
QGEN	B	0.01%	0.03%	0.01%
SCCO	D	0.09%	0.03%	0.03%
SHOP	D	0.07%	0.28%	0.07%
SONY	D	0.15%	0.39%	0.15%
TCOM	D	0.05%	0.1%	0.05%
TD	F	0.19%	0.36%	0.19%
TEVA	B	0.02%	0.07%	0.02%
WIT	B	0.0%	0.02%	0.0%
WIT	B	0.06%	0.02%	0.02%
XPEV	F	0.03%	0.02%	0.02%
XRX	F	0.02%	0.04%	0.02%
YNDX	C	0.0%	0.0%	0.0%

NZAC Overweight 338 Positions Relative to DBAW

Symbol	Grade	Weight
MSFT	A	4.46%
NVDA	A	4.29%
AAPL	B	4.11%
AMZN	C	2.35%
GOOG	B	1.58%
META	B	1.57%
LLY	A	1.16%
GOOGL	B	1.12%
AVGO	B	1.03%
JPM	B	0.95%
TSLA	C	0.77%
EIX	C	0.77%
V	D	0.71%
UNH	D	0.69%
MRK	B	0.68%
JNJ	F	0.63%
MA	C	0.6%
ADI	B	0.57%
IBM	C	0.53%
HD	B	0.51%
SHW	C	0.47%
XYL	B	0.44%
ORCL	A	0.43%
NFLX	A	0.41%
BAC	A	0.4%
TMO	C	0.38%
BRK.A	C	0.37%
QCOM	A	0.37%
ADBE	C	0.35%
TJX	A	0.35%
DLR	A	0.35%
SPGI	B	0.35%
ACN	F	0.34%
AMD	C	0.34%
CSCO	F	0.34%
CRM	F	0.33%
MCD	F	0.33%
AXP	C	0.32%
ACM	C	0.31%
ITW	D	0.31%
EQIX	C	0.3%
WMT	A	0.3%
BSX	B	0.29%
NOW	C	0.29%
ETN	C	0.28%
DIS	C	0.28%
TXN	B	0.28%
INTU	C	0.27%
ISRG	A	0.26%
CMCSA	F	0.25%
INTC	F	0.25%
ELV	C	0.25%
FSLR	C	0.25%
CB	B	0.24%
SYK	B	0.24%
AFL	A	0.24%
AMGN	B	0.24%
PFE	C	0.23%
MDT	D	0.23%
DHR	B	0.23%
BLK	B	0.22%
LOW	C	0.22%
VZ	B	0.22%
PWR	A	0.22%
MSI	A	0.22%
UNP	D	0.22%
PLD	C	0.22%
PH	D	0.21%
WFC	C	0.21%
BMY	F	0.2%
MMC	A	0.2%
KLAC	A	0.2%
MS	B	0.2%
MCO	A	0.2%
BKNG	A	0.19%
MET	C	0.19%
ABT	D	0.19%
PGR	C	0.19%
ZTS	C	0.18%
ADP	C	0.18%
CDW	C	0.18%
SCHW	D	0.18%
PNR	C	0.18%
GLW	A	0.17%
UBER	B	0.17%
AMAT	A	0.17%
GWW	C	0.17%
ORLY	C	0.16%
AME	C	0.16%
HPE	B	0.16%
PNC	C	0.15%
EW	C	0.15%
AIG	D	0.15%
NKE	C	0.15%
T	B	0.15%
VRTX	B	0.15%
LRCX	A	0.15%
SPG	B	0.14%
TRV	D	0.14%
APO	A	0.14%
FFIV	D	0.14%
BX	C	0.14%
DE	D	0.14%
TDG	B	0.14%
JNPR	B	0.14%
FAST	C	0.14%
REGN	A	0.14%
PRU	B	0.14%
ALL	D	0.13%
ENPH	C	0.13%
EBAY	A	0.13%
MELI	C	0.13%
CBRE	C	0.13%
AMP	A	0.13%
ACGL	B	0.13%
MU	B	0.13%
SBUX	D	0.13%
ICE	B	0.12%
TEL	A	0.12%
PPG	D	0.12%
CME	D	0.12%
PANW	B	0.12%
WELL	A	0.12%
BDX	D	0.12%
IQV	D	0.12%
TMUS	B	0.11%
MRVL	B	0.11%
CHD	A	0.11%
PYPL	D	0.11%
BK	B	0.11%
HIG	A	0.11%
AVB	A	0.11%
AMT	C	0.11%
COF	C	0.11%
APH	A	0.11%
WM	C	0.1%
ROST	A	0.1%
FTV	D	0.1%
KKR	B	0.1%
USB	C	0.1%
INFY	B	0.1%
AON	C	0.09%
HUM	C	0.09%
LULU	F	0.09%
NEM	B	0.09%
KDP	A	0.09%
ESS	A	0.09%
CSX	D	0.09%
AZO	C	0.09%
TDY	D	0.09%
PSA	B	0.09%
GIS	C	0.09%
EQH	B	0.09%
MTD	B	0.08%
WAB	B	0.08%
UPS	F	0.08%
LIN	B	0.08%
BR	C	0.08%
ALLE	D	0.08%
ROK	F	0.08%
IDXX	C	0.08%
RS	D	0.08%
CMG	A	0.08%
YUM	C	0.08%
O	D	0.07%
GRMN	B	0.07%
AJG	A	0.07%
REG	B	0.07%
WRB	C	0.07%
MTB	C	0.07%
CCI	D	0.07%
MKL	B	0.07%
EQR	A	0.07%
DFS	B	0.07%
ADSK	B	0.07%
RMD	B	0.07%
AFG	C	0.07%
AIZ	D	0.07%
PAYX	A	0.07%
CTSH	D	0.07%
ABNB	D	0.06%
CHTR	C	0.06%
ULTA	F	0.06%
TRMB	C	0.06%
FTNT	F	0.06%
LEN	D	0.06%
HSY	F	0.06%
DXCM	C	0.06%
PCAR	C	0.06%
A	C	0.06%
FIS	A	0.06%
ECL	A	0.06%
KEYS	D	0.06%
NTAP	A	0.06%
WTW	D	0.06%
SYF	C	0.06%
EL	F	0.06%
VTR	A	0.05%
VRSK	A	0.05%
HOLX	D	0.05%
IRM	A	0.05%
BRO	A	0.05%
BIIB	C	0.05%
GILD	F	0.05%
GS	B	0.05%
TROW	B	0.05%
ZBH	F	0.05%
TER	A	0.05%
RF	C	0.05%
ANET	A	0.05%
MRNA	C	0.05%
HSIC	D	0.05%
DHI	D	0.05%
BXP	C	0.05%
CINF	C	0.05%
SMCI	C	0.04%
LKQ	F	0.04%
AZN	B	0.04%
NTRS	C	0.04%
CEG	B	0.04%
PHM	D	0.04%
STZ	C	0.04%
UHAL	D	0.04%
URI	C	0.04%
EXR	A	0.04%
CPRT	C	0.04%
GPN	F	0.04%
TTD	A	0.04%
IEX	D	0.04%
DLTR	F	0.04%
FOX	B	0.03%
ROP	A	0.03%
EFX	B	0.03%
VICI	D	0.03%
GDDY	B	0.03%
PLTR	B	0.03%
TGT	D	0.03%
NVR	D	0.03%
CARR	A	0.03%
SBAC	F	0.03%
BAH	B	0.03%
VEEV	F	0.03%
CSGP	F	0.03%
ERIE	C	0.03%
RJF	C	0.03%
STE	D	0.03%
MNST	F	0.03%
IT	C	0.03%
VLTO	A	0.03%
CBOE	D	0.03%
FOXA	B	0.03%
AXON	C	0.03%
BURL	B	0.03%
ALGN	F	0.03%
ILMN	F	0.03%
COIN	C	0.03%
OMC	C	0.03%
EG	B	0.03%
CTAS	A	0.03%
NDAQ	C	0.03%
AVTR	D	0.03%
LYV	C	0.03%
CPAY	D	0.03%
NSC	D	0.03%
VMC	C	0.02%
NBIX	D	0.02%
TT	A	0.02%
IPG	F	0.02%
ANSS	C	0.02%
PODD	B	0.02%
SNAP	B	0.02%
ZM	F	0.02%
ZBRA	D	0.02%
ROL	A	0.02%
WAT	D	0.02%
SEIC	C	0.02%
ALLY	B	0.02%
VRT	C	0.02%
DGX	C	0.02%
RPRX	F	0.02%
HEI	A	0.02%
TFX	D	0.02%
MOH	F	0.02%
ODFL	D	0.02%
WST	F	0.02%
MAR	C	0.02%
MMM	B	0.02%
ETSY	F	0.02%
HLT	A	0.02%
SQ	F	0.02%
CRWD	A	0.02%
PINS	A	0.02%
WDAY	F	0.02%
BMRN	C	0.02%
CTLT	C	0.02%
ALNY	C	0.02%
SNOW	F	0.02%
BAX	D	0.02%
POOL	D	0.02%
EXAS	F	0.01%
PAYC	F	0.01%
STLD	C	0.01%
EPAM	F	0.01%
SUI	D	0.01%
WYNN	D	0.01%
MTCH	D	0.01%
KVUE	D	0.01%
MKTX	F	0.01%
Z	B	0.01%
CLX	C	0.01%
MSTR	C	0.01%
DOCU	D	0.01%
SWKS	B	0.01%
TRU	D	0.01%
CZR	C	0.01%
SQ	F	0.01%
JKHY	D	0.01%
MAS	C	0.01%
BIO	D	0.01%
C	C	0.01%
FDS	D	0.01%
EA	B	0.01%
INCY	B	0.01%
RIVN	C	0.01%
DOC	B	0.01%
MKC	D	0.01%
TECH	C	0.01%
NXPI	B	0.01%
ALB	F	0.01%
BBWI	D	0.01%
CG	D	0.01%
TW	C	0.01%
SNA	D	0.01%
HBAN	D	0.01%
STT	D	0.01%
WPC	D	0.01%
VRSN	C	0.01%
DASH	D	0.01%

NZAC Underweight 55 Positions Relative to DBAW

Symbol	Grade	Weight
TM	D	-0.81%
UL	A	-0.51%
SMFG	B	-0.3%
IBN	C	-0.25%
CNI	D	-0.24%
MFG	D	-0.18%
HMC	D	-0.18%
STLA	F	-0.17%
VALE	F	-0.15%
E	D	-0.12%
FLUT	D	-0.12%
GOLD	C	-0.11%
SE	A	-0.1%
NMR	C	-0.07%
UMC	A	-0.07%
CHT	A	-0.06%
AER	B	-0.06%
CHKP	B	-0.05%
YUMC	F	-0.05%
RBA	B	-0.05%
SHG	C	-0.05%
LOGI	B	-0.05%
ABEV	F	-0.04%
CYBR	B	-0.04%
BEKE	D	-0.04%
BAP	D	-0.04%
TME	B	-0.04%
GRAB	C	-0.03%
OTEX	F	-0.03%
HTHT	F	-0.03%
BGNE	D	-0.03%
MNDY	B	-0.03%
WIX	C	-0.03%
ZTO	C	-0.03%
LEGN	F	-0.02%
GGB	F	-0.02%
WFG	D	-0.02%
VIPS	D	-0.02%
BZ	C	-0.02%
AGCO	F	-0.02%
IQ	F	-0.01%
ATHM	C	-0.01%
DOOO	D	-0.01%
BRFS	C	-0.01%
CSAN	F	-0.01%
LPL	F	-0.01%
SKM	C	-0.01%
BILI	B	-0.01%
SBSW	D	-0.01%
GLBE	F	-0.01%
BVN	B	-0.01%
FUTU	C	-0.01%
TAL	F	-0.01%
KEP	D	-0.01%
KT	C	-0.0%

DBAW: Top Represented Industries & Keywords

Industries: Internet Content & Information Auto Manufacturers Banks - Regional - Asia Software - Application Banks - Global Specialty Retail Telecom Services Banks - Regional - Latin America Biotechnology Capital Markets Consumer Electronics Drug Manufacturers - Major Gold Industrial Metals & Minerals Information Technology Services Airports & Air Services Banks - Regional - Europe Beverages - Brewers Beverages - Soft Drinks Beverages - Wineries & Distilleries