NZAC vs. DFAE ETF Comparison

Comparison of SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) to Dimensional Emerging Core Equity Market ETF (DFAE)

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

$37.11

Average Daily Volume

6,919

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

DFAE

Dimensional Emerging Core Equity Market ETF

DFAE Description

The investment objective of the Dimensional Emerging Core Equity Market ETF is to achieve long-term capital appreciation.

Grade (RS Rating)

Last Trade

$25.78

Average Daily Volume

698,961

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	NZAC	DFAE
30 Days	-0.46%	-4.40%
60 Days	0.77%	-1.37%
90 Days	2.06%	-2.53%
12 Months	25.27%	12.07%

25 Overlapping Holdings

Symbol	Grade	Weight in NZAC	Weight in DFAE	Overlap
ASAI	F	0.02%	0.01%	0.01%
ASAI	F	0.02%	0.06%	0.02%
BABA	D	0.24%	0.17%	0.17%
BABA	D	0.24%	1.7%	0.24%
BCH	C	0.02%	0.01%	0.01%
BCH	C	0.02%	0.03%	0.02%
BIDU	F	0.03%	0.05%	0.03%
BIDU	F	0.03%	0.26%	0.03%
HDB	C	0.14%	0.51%	0.14%
HDB	C	0.14%	0.2%	0.14%
INFY	C	0.11%	0.39%	0.11%
KB	B	0.01%	0.05%	0.01%
KB	B	0.01%	0.26%	0.01%
LI	F	0.11%	0.03%	0.03%
LI	F	0.11%	0.13%	0.11%
NIO	F	0.02%	0.08%	0.02%
NIO	F	0.0%	0.08%	0.0%
PDD	F	0.08%	0.74%	0.08%
TCOM	B	0.06%	0.07%	0.06%
TCOM	B	0.06%	0.34%	0.06%
WIT	B	0.0%	0.01%	0.0%
WIT	B	0.07%	0.09%	0.07%
WIT	B	0.07%	0.01%	0.01%
WIT	B	0.0%	0.09%	0.0%
XPEV	C	0.04%	0.1%	0.04%

NZAC Overweight 355 Positions Relative to DFAE

Symbol	Grade	Weight
NVDA	B	4.67%
AAPL	C	4.47%
MSFT	D	4.03%
AMZN	C	2.38%
META	D	1.62%
GOOG	C	1.45%
TSLA	B	1.32%
AVGO	D	1.1%
JPM	A	1.09%
GOOGL	C	1.03%
LLY	F	0.94%
EIX	B	0.81%
UNH	B	0.77%
V	A	0.75%
MA	B	0.65%
JNJ	C	0.62%
IBM	C	0.6%
ABBV	F	0.6%
ORCL	A	0.59%
HD	B	0.58%
SHW	B	0.56%
NFLX	A	0.49%
MRK	D	0.47%
ADI	D	0.46%
BAC	A	0.44%
CRM	B	0.42%
NVS	F	0.41%
CSCO	B	0.4%
ACN	B	0.39%
NOW	A	0.39%
BRK.A	B	0.39%
DLR	B	0.39%
SPGI	C	0.38%
ACM	B	0.36%
MCD	D	0.36%
XYL	D	0.36%
AXP	A	0.36%
TJX	A	0.36%
WMT	A	0.35%
ADBE	C	0.35%
ABBV	F	0.34%
EQIX	A	0.33%
ITW	B	0.33%
TMO	F	0.32%
BSX	A	0.31%
ISRG	A	0.31%
INTU	B	0.31%
DIS	B	0.29%
AFL	B	0.28%
ETN	A	0.28%
TXN	C	0.27%
MSI	B	0.27%
AMD	F	0.27%
BLK	B	0.27%
MS	A	0.26%
QCOM	F	0.26%
SYK	B	0.25%
LOW	C	0.25%
CMCSA	B	0.25%
WFC	A	0.25%
PH	A	0.25%
BKNG	A	0.24%
CB	C	0.24%
PWR	A	0.24%
BMY	B	0.24%
MDT	D	0.23%
PNR	A	0.23%
PGR	A	0.22%
MCO	B	0.22%
VZ	C	0.21%
AMGN	F	0.21%
GWW	B	0.21%
PLD	F	0.21%
UNP	C	0.21%
MET	A	0.21%
MMC	B	0.2%
ADP	A	0.2%
SCHW	B	0.19%
TD	D	0.19%
PFE	F	0.19%
PNC	B	0.19%
DHR	F	0.19%
GLW	B	0.19%
BX	A	0.19%
ABT	B	0.19%
FI	A	0.18%
CBRE	B	0.18%
INTC	C	0.18%
FFIV	B	0.18%
T	A	0.18%
ORLY	B	0.18%
UBER	F	0.17%
FAST	B	0.17%
SONY	B	0.17%
ELV	F	0.17%
APO	B	0.17%
HPE	B	0.16%
AMP	A	0.16%
FSLR	F	0.16%
ZTS	D	0.16%
AME	A	0.16%
KLAC	F	0.15%
PRU	A	0.15%
WELL	A	0.15%
SBUX	A	0.15%
SPG	A	0.15%
TRV	B	0.15%
EBAY	D	0.14%
COF	C	0.14%
ALL	A	0.14%
DE	B	0.14%
VRTX	D	0.14%
PANW	B	0.14%
AIG	B	0.14%
MELI	C	0.14%
TDG	D	0.13%
ICE	C	0.13%
BK	A	0.13%
KKR	A	0.13%
PYPL	B	0.13%
TMUS	B	0.13%
CDW	F	0.13%
JNPR	D	0.13%
AMAT	F	0.12%
SHOP	B	0.12%
AVB	B	0.12%
ACGL	C	0.12%
HIG	B	0.12%
MRVL	B	0.12%
USB	A	0.12%
CME	B	0.12%
PPG	F	0.11%
AMT	C	0.11%
AON	A	0.11%
EW	C	0.11%
BDX	F	0.11%
PSA	C	0.11%
APH	A	0.11%
NKE	F	0.11%
AZO	C	0.1%
MTB	A	0.1%
ESS	B	0.1%
WM	B	0.1%
CHD	A	0.1%
LRCX	F	0.1%
REGN	F	0.1%
EQH	C	0.1%
IQV	F	0.1%
DEO	F	0.1%
TDY	B	0.1%
FTNT	C	0.09%
AIZ	A	0.09%
SYF	B	0.09%
MU	D	0.09%
ADSK	A	0.09%
ROST	D	0.09%
DFS	B	0.09%
ALLE	C	0.09%
CSX	C	0.09%
FTV	C	0.09%
SCCO	F	0.08%
KDP	F	0.08%
GRMN	B	0.08%
CTSH	B	0.08%
REG	A	0.08%
PAYX	B	0.08%
LULU	C	0.08%
MUFG	B	0.08%
NEM	D	0.08%
GIS	D	0.08%
WAB	B	0.08%
RS	B	0.08%
ROK	C	0.08%
BR	A	0.08%
O	C	0.07%
FIS	C	0.07%
CINF	A	0.07%
BXP	C	0.07%
RVTY	F	0.07%
UPS	C	0.07%
TRMB	B	0.07%
PLTR	B	0.07%
CCI	C	0.07%
RF	A	0.07%
HSBH	B	0.07%
CMG	B	0.07%
WRB	A	0.07%
EQR	C	0.07%
AJG	A	0.07%
MKL	A	0.07%
AFG	A	0.07%
WTW	B	0.07%
RMD	C	0.07%
CHTR	C	0.07%
LIN	C	0.07%
YUM	D	0.07%
A	D	0.06%
VTR	B	0.06%
NTAP	C	0.06%
DHI	F	0.06%
IRM	C	0.06%
MTD	F	0.06%
ECL	D	0.06%
GS	A	0.06%
PCAR	B	0.06%
LEN	D	0.06%
ANET	C	0.06%
GILD	C	0.06%
AXON	A	0.06%
IDXX	F	0.06%
KEYS	A	0.06%
HUM	C	0.06%
CPAY	A	0.05%
LYV	A	0.05%
VRSK	A	0.05%
NTRS	A	0.05%
ZBH	C	0.05%
ABNB	C	0.05%
HOLX	D	0.05%
GPN	B	0.05%
TROW	B	0.05%
URI	C	0.05%
TTD	B	0.05%
HSY	F	0.05%
ULTA	F	0.05%
HSIC	C	0.05%
ENPH	F	0.05%
BRO	B	0.05%
COIN	C	0.04%
ILMN	C	0.04%
RJF	A	0.04%
CEG	C	0.04%
DXCM	C	0.04%
NSC	B	0.04%
FOXA	A	0.04%
UHAL	D	0.04%
CTAS	B	0.04%
BCS	A	0.04%
PHM	D	0.04%
CPRT	B	0.04%
NDAQ	A	0.04%
EXR	C	0.04%
IEX	C	0.04%
BAH	F	0.03%
ALGN	D	0.03%
EFX	F	0.03%
WDAY	B	0.03%
STE	D	0.03%
NVR	D	0.03%
AZN	F	0.03%
VICI	C	0.03%
MNST	C	0.03%
AVTR	F	0.03%
XRX	F	0.03%
VLTO	C	0.03%
CCEP	C	0.03%
EG	C	0.03%
SBAC	D	0.03%
VEEV	C	0.03%
CARR	C	0.03%
LKQ	F	0.03%
ERIE	D	0.03%
GDDY	A	0.03%
BIIB	F	0.03%
OMC	C	0.03%
IT	C	0.03%
CBOE	C	0.03%
FOX	A	0.03%
EL	F	0.03%
ALNY	D	0.03%
BURL	B	0.03%
TER	F	0.03%
STZ	D	0.03%
Z	A	0.02%
CG	B	0.02%
ANSS	B	0.02%
ALLY	C	0.02%
VMC	B	0.02%
BMRN	F	0.02%
TW	A	0.02%
RPRX	D	0.02%
TFX	F	0.02%
MOH	F	0.02%
ROL	B	0.02%
STT	B	0.02%
CRWD	B	0.02%
SNA	A	0.02%
WST	C	0.02%
TT	A	0.02%
HBAN	A	0.02%
WAT	C	0.02%
MSTR	B	0.02%
DGX	A	0.02%
SEIC	B	0.02%
ZM	C	0.02%
ZBRA	B	0.02%
PODD	C	0.02%
HEI	A	0.02%
DASH	B	0.02%
CTLT	C	0.02%
BAX	F	0.02%
VRT	B	0.02%
MAR	A	0.02%
SNOW	B	0.02%
ODFL	C	0.02%
DLTR	F	0.02%
HLT	A	0.02%
ROP	B	0.02%
LH	B	0.02%
POOL	C	0.02%
CSGP	D	0.02%
MMM	D	0.02%
SQ	A	0.02%
TGT	F	0.02%
MBAVU	C	0.01%
SMCI	F	0.01%
QGEN	D	0.01%
EXAS	D	0.01%
SWKS	F	0.01%
MTCH	D	0.01%
BBWI	C	0.01%
WYNN	C	0.01%
STLD	B	0.01%
RIVN	F	0.01%
SUI	C	0.01%
NXPI	D	0.01%
JKHY	D	0.01%
TECH	F	0.01%
BIO	C	0.01%
SNAP	D	0.01%
ALB	B	0.01%
C	A	0.01%
PAYC	B	0.01%
EPAM	B	0.01%
KVUE	A	0.01%
MAS	D	0.01%
CLX	A	0.01%
DOC	C	0.01%
MKC	C	0.01%
MRNA	F	0.01%
MKTX	D	0.01%
SQ	A	0.01%
FDS	B	0.01%
TRU	D	0.01%
EA	A	0.01%
NBIX	C	0.01%
IPG	D	0.01%
PINS	F	0.01%
WPC	C	0.01%
INCY	C	0.01%
VRSN	C	0.01%
QFIN	A	0.01%
DOCU	B	0.01%
LYG	D	0.01%
TEVA	C	0.01%

NZAC Underweight 86 Positions Relative to DFAE

Symbol	Grade	Weight
IBN	C	-0.7%
VALE	F	-0.28%
YUMC	C	-0.24%
SHG	C	-0.21%
IBN	C	-0.2%
GFI	D	-0.14%
RDY	F	-0.11%
PAC	B	-0.1%
UMC	F	-0.1%
VIPS	F	-0.09%
BAP	A	-0.09%
ERJ	A	-0.07%
CX	F	-0.07%
NTES	D	-0.07%
TME	D	-0.07%
VALE	F	-0.06%
CHT	C	-0.06%
FMX	F	-0.06%
SKM	C	-0.05%
ABEV	F	-0.05%
ASR	D	-0.05%
UMC	F	-0.05%
CHT	C	-0.05%
BILI	D	-0.05%
SQM	D	-0.05%
GGB	C	-0.05%
SBSW	D	-0.05%
BGNE	D	-0.05%
CIB	B	-0.04%
GDS	C	-0.04%
CAR	C	-0.04%
KEP	B	-0.04%
ERJ	A	-0.04%
CSAN	F	-0.04%
LPL	D	-0.04%
HMY	D	-0.04%
KOF	F	-0.03%
PKX	D	-0.03%
PBR	D	-0.03%
BBD	D	-0.02%
BSAC	C	-0.02%
CIG	C	-0.02%
IQ	F	-0.02%
SGRP	D	-0.02%
ITUB	F	-0.02%
VIV	F	-0.02%
ASX	D	-0.02%
SHG	C	-0.02%
BRFS	C	-0.02%
ELP	F	-0.01%
OMAB	D	-0.01%
EBR	F	-0.01%
UGP	F	-0.01%
HTHT	D	-0.01%
IMOS	F	-0.01%
TLK	D	-0.01%
SUZ	B	-0.01%
KEP	B	-0.01%
WF	C	-0.01%
SKM	C	-0.01%
GGB	C	-0.01%
SBS	B	-0.01%
JD	D	-0.01%
JKS	F	-0.01%
BGNE	D	-0.01%
BAK	F	-0.0%
PDSB	F	-0.0%
LGHT	D	-0.0%
BSBR	F	-0.0%
IMOS	F	-0.0%
BRFS	C	-0.0%
IFS	A	-0.0%
MGNX	F	-0.0%
BAOS	F	-0.0%
PHI	D	-0.0%
BILI	D	-0.0%
BZUN	F	-0.0%
VNET	B	-0.0%
ZLAB	C	-0.0%
LPL	D	-0.0%
AKO.A	F	-0.0%
SLDB	F	-0.0%
ZTO	F	-0.0%
CSAN	F	-0.0%
ABEV	F	-0.0%
SHPH	F	-0.0%