NZAC vs. GLOF ETF Comparison

Comparison of SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) to iShares Global Equity Factor ETF (GLOF)

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

$37.29

Average Daily Volume

14,223

Number of Holdings ^*

367

* may have additional holdings in another (foreign) market

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.77

Average Daily Volume

3,942

Number of Holdings ^*

187

* may have additional holdings in another (foreign) market

Performance

Period	NZAC	GLOF
30 Days	2.26%	1.93%
60 Days	7.49%	6.44%
90 Days	6.79%	4.96%
12 Months	33.44%	33.64%

129 Overlapping Holdings

Symbol	Grade	Weight in NZAC	Weight in GLOF	Overlap
A	C	0.06%	0.1%	0.06%
AAPL	B	4.53%	4.27%	4.27%
ABBV	B	0.4%	0.72%	0.4%
ABBV	B	0.6%	0.72%	0.6%
ABNB	D	0.05%	0.24%	0.05%
ABT	C	0.19%	0.24%	0.19%
ACN	C	0.37%	0.28%	0.28%
ADBE	F	0.37%	0.2%	0.2%
AFL	A	0.27%	0.17%	0.17%
ALLY	F	0.01%	0.23%	0.01%
AMAT	C	0.13%	0.38%	0.13%
AMGN	D	0.25%	0.24%	0.24%
AMP	A	0.13%	0.42%	0.13%
AMZN	C	2.25%	2.07%	2.07%
ANET	B	0.06%	0.24%	0.06%
AVGO	C	1.14%	1.26%	1.14%
AXP	A	0.34%	0.2%	0.2%
AZO	D	0.09%	0.41%	0.09%
BAC	C	0.37%	0.18%	0.18%
BIIB	F	0.04%	0.03%	0.03%
BK	B	0.12%	0.1%	0.1%
BKNG	B	0.19%	0.65%	0.19%
BLK	A	0.24%	0.11%	0.11%
BMY	C	0.21%	0.31%	0.21%
BRK.A	C	0.38%	0.18%	0.18%
CDW	D	0.17%	0.13%	0.13%
CEG	C	0.04%	0.01%	0.01%
CHTR	D	0.06%	0.04%	0.04%
COF	B	0.11%	0.28%	0.11%
CRWD	D	0.02%	0.23%	0.02%
CSCO	A	0.37%	0.22%	0.22%
CSX	D	0.09%	0.02%	0.02%
CTAS	B	0.04%	0.45%	0.04%
DE	A	0.14%	0.08%	0.08%
DFS	C	0.07%	0.15%	0.07%
DHR	B	0.23%	0.02%	0.02%
DOCU	C	0.01%	0.28%	0.01%
EA	D	0.01%	0.04%	0.01%
EBAY	A	0.14%	0.33%	0.14%
EG	C	0.03%	0.1%	0.03%
ELV	D	0.23%	0.4%	0.23%
ETN	B	0.26%	0.16%	0.16%
FOXA	A	0.03%	0.09%	0.03%
FTNT	A	0.07%	0.55%	0.07%
GILD	B	0.06%	0.26%	0.06%
GOOG	D	1.37%	2.38%	1.37%
GS	B	0.05%	0.11%	0.05%
GWW	B	0.19%	0.22%	0.19%
HD	A	0.56%	0.69%	0.56%
HOLX	B	0.05%	0.26%	0.05%
HPE	C	0.14%	0.28%	0.14%
HSY	D	0.06%	0.15%	0.06%
HUM	F	0.07%	0.16%	0.07%
IBM	B	0.63%	0.09%	0.09%
IDXX	D	0.08%	0.08%	0.08%
INTU	D	0.29%	0.5%	0.29%
IT	C	0.03%	0.33%	0.03%
JNJ	C	0.66%	0.64%	0.64%
JPM	D	0.94%	0.82%	0.82%
KLAC	D	0.18%	0.37%	0.18%
LIN	B	0.08%	0.19%	0.08%
LLY	D	1.16%	0.88%	0.88%
LOW	A	0.24%	0.67%	0.24%
LRCX	D	0.11%	0.23%	0.11%
LULU	D	0.07%	0.06%	0.06%
MA	B	0.61%	0.49%	0.49%
MAS	A	0.01%	0.19%	0.01%
MCD	A	0.37%	0.55%	0.37%
MCO	C	0.23%	0.03%	0.03%
MDT	A	0.23%	0.01%	0.01%
MELI	C	0.16%	0.32%	0.16%
META	B	1.64%	1.36%	1.36%
MOH	D	0.02%	0.24%	0.02%
MRK	F	0.57%	0.5%	0.5%
MRNA	F	0.02%	0.05%	0.02%
MSFT	C	4.23%	4.18%	4.18%
MSI	A	0.24%	0.46%	0.24%
MTCH	C	0.01%	0.04%	0.01%
MTD	B	0.07%	0.46%	0.07%
NDAQ	C	0.04%	0.06%	0.04%
NKE	D	0.13%	0.09%	0.09%
NOW	C	0.36%	0.29%	0.29%
NTAP	D	0.06%	0.12%	0.06%
NVDA	C	3.82%	3.7%	3.7%
NVR	A	0.03%	0.21%	0.03%
OMC	A	0.03%	0.02%	0.02%
ORCL	B	0.54%	0.35%	0.35%
ORLY	B	0.17%	0.31%	0.17%
PANW	C	0.12%	0.3%	0.12%
PAYX	B	0.07%	0.05%	0.05%
PCAR	D	0.05%	0.01%	0.01%
PFE	D	0.22%	0.24%	0.22%
PH	B	0.23%	0.05%	0.05%
PHM	B	0.04%	0.25%	0.04%
PLD	C	0.24%	0.01%	0.01%
PSA	A	0.12%	0.22%	0.12%
QCOM	D	0.28%	0.36%	0.28%
REG	C	0.08%	0.03%	0.03%
SBUX	C	0.15%	0.19%	0.15%
SPG	B	0.14%	0.08%	0.08%
SPGI	C	0.4%	0.21%	0.21%
STLD	C	0.01%	0.26%	0.01%
STT	B	0.02%	0.17%	0.02%
SYF	C	0.07%	0.44%	0.07%
T	B	0.17%	0.33%	0.17%
TGT	C	0.03%	0.31%	0.03%
TJX	C	0.36%	0.06%	0.06%
TMO	B	0.38%	0.4%	0.38%
TRV	C	0.14%	0.15%	0.14%
TSLA	B	0.98%	0.28%	0.28%
TT	A	0.02%	0.41%	0.02%
TXN	B	0.27%	0.36%	0.27%
UBER	C	0.17%	0.1%	0.1%
ULTA	D	0.06%	0.07%	0.06%
UNH	B	0.75%	0.73%	0.73%
UNP	C	0.22%	0.11%	0.11%
URI	B	0.05%	0.11%	0.05%
V	C	0.69%	0.67%	0.67%
VEEV	D	0.03%	0.01%	0.01%
VICI	B	0.03%	0.02%	0.02%
VLTO	A	0.03%	0.18%	0.03%
VRSN	C	0.01%	0.02%	0.01%
VRTX	D	0.14%	0.15%	0.14%
VZ	B	0.22%	0.11%	0.11%
WFC	D	0.19%	0.13%	0.13%
WIT	C	0.0%	0.02%	0.0%
WIT	C	0.07%	0.02%	0.02%
WMT	B	0.33%	0.61%	0.33%
YUM	B	0.07%	0.22%	0.07%

NZAC Overweight 238 Positions Relative to GLOF

Symbol	Grade	Weight
GOOGL	D	0.98%
EIX	B	0.83%
SHW	B	0.56%
ADI	C	0.51%
NVS	C	0.46%
NFLX	B	0.42%
XYL	C	0.4%
DLR	B	0.35%
ACM	B	0.34%
CRM	C	0.34%
EQIX	B	0.32%
AMD	C	0.31%
ITW	B	0.31%
BSX	B	0.29%
ISRG	B	0.28%
CMCSA	C	0.24%
DIS	D	0.24%
CB	B	0.24%
BABA	C	0.24%
SYK	C	0.23%
TD	C	0.22%
PWR	B	0.22%
PGR	C	0.22%
MET	A	0.21%
MMC	D	0.2%
MS	B	0.2%
FSLR	C	0.2%
PNR	A	0.2%
GLW	B	0.19%
ADP	B	0.19%
ZTS	B	0.18%
FFIV	B	0.17%
CBRE	A	0.17%
SONY	C	0.17%
BX	C	0.17%
PNC	B	0.17%
INTC	D	0.16%
AME	C	0.15%
FAST	C	0.15%
REGN	D	0.15%
SCHW	D	0.15%
ALL	C	0.14%
ACGL	C	0.14%
WELL	B	0.14%
AIG	D	0.14%
PRU	C	0.14%
TDG	A	0.14%
HDB	C	0.14%
JNPR	B	0.14%
AMT	C	0.13%
IQV	D	0.13%
ICE	B	0.13%
APO	B	0.13%
PYPL	B	0.12%
DEO	C	0.12%
CME	A	0.12%
INFY	D	0.12%
HIG	A	0.12%
AVB	C	0.12%
APH	C	0.11%
LI	D	0.11%
EW	F	0.11%
TEL	C	0.11%
PPG	D	0.11%
NEM	C	0.11%
TMUS	B	0.11%
BDX	C	0.11%
KKR	C	0.11%
USB	B	0.11%
TDY	B	0.1%
FTV	C	0.1%
GIS	C	0.1%
ESS	C	0.1%
AON	C	0.1%
ROST	C	0.1%
ENPH	D	0.1%
MRVL	D	0.1%
SHOP	C	0.09%
EQH	C	0.09%
ALLE	A	0.09%
WM	D	0.09%
KDP	B	0.09%
CHD	C	0.09%
EQR	C	0.08%
RS	D	0.08%
AIZ	B	0.08%
WAB	B	0.08%
CCI	B	0.08%
ROK	D	0.08%
BR	B	0.08%
CTSH	B	0.08%
RMD	C	0.08%
SCCO	C	0.08%
MTB	B	0.08%
ADSK	B	0.08%
MU	D	0.08%
KEYS	B	0.07%
UPS	D	0.07%
LEN	B	0.07%
MKL	C	0.07%
PDD	D	0.07%
WTW	A	0.07%
AJG	D	0.07%
DHI	C	0.07%
WRB	C	0.07%
BXP	B	0.07%
CMG	D	0.07%
AFG	C	0.07%
O	A	0.07%
MUFG	D	0.07%
TRMB	C	0.06%
IRM	B	0.06%
CINF	B	0.06%
RF	A	0.06%
ECL	A	0.06%
FIS	C	0.06%
GRMN	D	0.06%
EXR	B	0.05%
TTD	B	0.05%
TCOM	C	0.05%
BRO	B	0.05%
HSIC	C	0.05%
VTR	B	0.05%
NSC	C	0.04%
STZ	C	0.04%
AVTR	C	0.04%
LYV	A	0.04%
BCS	B	0.04%
CPRT	D	0.04%
ALNY	C	0.04%
CPAY	B	0.04%
PLTR	B	0.04%
NTRS	C	0.04%
ERIE	B	0.04%
IEX	C	0.04%
AXON	A	0.04%
TER	C	0.04%
VRSK	D	0.04%
EL	D	0.04%
TROW	D	0.04%
ZBH	F	0.04%
UHAL	B	0.04%
GPN	D	0.04%
POOL	C	0.03%
XRX	D	0.03%
MMM	B	0.03%
DLTR	F	0.03%
BAH	A	0.03%
CSGP	F	0.03%
BAX	D	0.03%
MNST	D	0.03%
GDDY	C	0.03%
RJF	C	0.03%
FOX	A	0.03%
STE	B	0.03%
ALGN	D	0.03%
CCEP	C	0.03%
EFX	C	0.03%
XPEV	C	0.03%
LKQ	F	0.03%
SBAC	C	0.03%
CARR	B	0.03%
BURL	C	0.03%
CBOE	C	0.03%
AZN	D	0.03%
DXCM	F	0.03%
BIDU	C	0.03%
ILMN	D	0.03%
TW	A	0.02%
IPG	C	0.02%
WPC	B	0.02%
TEVA	D	0.02%
LYG	B	0.02%
HBAN	B	0.02%
ZM	C	0.02%
SEIC	C	0.02%
ROL	B	0.02%
DASH	B	0.02%
RPRX	C	0.02%
BMRN	F	0.02%
VRT	C	0.02%
WST	D	0.02%
WAT	B	0.02%
NIO	C	0.02%
PODD	C	0.02%
DGX	B	0.02%
ZBRA	B	0.02%
SMCI	F	0.02%
COIN	F	0.02%
MAR	C	0.02%
SNOW	F	0.02%
SQ	D	0.02%
HEI	C	0.02%
ODFL	C	0.02%
TFX	B	0.02%
HLT	B	0.02%
ASAI	F	0.02%
CTLT	B	0.02%
BCH	B	0.02%
ROP	C	0.02%
WDAY	D	0.02%
WYNN	C	0.01%
BBWI	D	0.01%
MBAVU	D	0.01%
MSTR	C	0.01%
QGEN	D	0.01%
PAYC	D	0.01%
ALB	D	0.01%
EPAM	F	0.01%
SQ	D	0.01%
SWKS	F	0.01%
JKHY	A	0.01%
NXPI	F	0.01%
C	C	0.01%
SNAP	D	0.01%
RIVN	F	0.01%
SUI	C	0.01%
KVUE	B	0.01%
BIO	C	0.01%
CLX	C	0.01%
QFIN	C	0.01%
INCY	C	0.01%
TECH	C	0.01%
FDS	C	0.01%
EXAS	D	0.01%
MKTX	D	0.01%
DOC	B	0.01%
NBIX	F	0.01%
KB	D	0.01%
CG	D	0.01%
MKC	C	0.01%
TRU	B	0.01%
Z	C	0.01%
VMC	C	0.01%
SNA	B	0.01%
PINS	D	0.01%
ANSS	D	0.01%
NIO	C	0.0%

NZAC Underweight 60 Positions Relative to GLOF

Symbol	Grade	Weight
PG	C	-0.73%
PEP	D	-0.66%
FICO	B	-0.52%
BLDR	C	-0.52%
COST	C	-0.5%
MCK	F	-0.48%
CDNS	D	-0.47%
BBY	A	-0.45%
LII	C	-0.42%
KR	A	-0.4%
TEAM	F	-0.37%
XOM	B	-0.36%
FERG	F	-0.36%
DELL	D	-0.3%
MSCI	C	-0.3%
VST	B	-0.3%
HPQ	C	-0.27%
PM	C	-0.25%
KO	B	-0.23%
LYB	D	-0.21%
NUE	D	-0.21%
SNPS	F	-0.21%
MPC	F	-0.21%
FNF	A	-0.2%
DVA	B	-0.2%
GEHC	A	-0.15%
EMR	C	-0.15%
MRO	D	-0.14%
VLO	F	-0.13%
COP	F	-0.13%
HUBS	D	-0.13%
SIRI	D	-0.12%
PFG	B	-0.11%
CVS	D	-0.11%
ZS	F	-0.11%
DOW	C	-0.1%
DTE	A	-0.09%
GM	D	-0.07%
CF	B	-0.07%
NWS	D	-0.07%
CVX	D	-0.06%
MDLZ	C	-0.06%
LINE	F	-0.06%
CRH	B	-0.06%
FWONA	C	-0.05%
CAT	B	-0.05%
QRVO	F	-0.05%
CPNG	C	-0.05%
FRT	B	-0.04%
TSCO	A	-0.04%
DOX	C	-0.04%
NI	A	-0.03%
SPOT	C	-0.02%
STX	B	-0.02%
GL	D	-0.02%
WY	C	-0.02%
MOS	F	-0.02%
OKTA	F	-0.01%
SAR	C	-0.0%
EGP	C	-0.0%