NZAC vs. USCL ETF Comparison

Comparison of SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) to iShares Climate Conscious & Transition MSCI USA ETF (USCL)

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

$37.32

Average Daily Volume

6,937

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

USCL

iShares Climate Conscious & Transition MSCI USA ETF

USCL Description

The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.65

Average Daily Volume

2,806

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	NZAC	USCL
30 Days	0.97%	3.79%
60 Days	0.81%	5.19%
90 Days	2.64%	7.34%
12 Months	25.98%	35.52%

206 Overlapping Holdings

Symbol	Grade	Weight in NZAC	Weight in USCL	Overlap
A	D	0.06%	0.1%	0.06%
AAPL	C	4.47%	5.23%	4.47%
ABBV	D	0.34%	0.81%	0.34%
ABBV	D	0.6%	0.81%	0.6%
ABNB	C	0.05%	0.16%	0.05%
ABT	B	0.19%	0.54%	0.19%
ACGL	D	0.12%	0.1%	0.1%
ACM	A	0.36%	0.04%	0.04%
ACN	C	0.39%	0.61%	0.39%
ADBE	C	0.35%	0.63%	0.35%
ADI	D	0.46%	0.28%	0.28%
ADP	B	0.2%	0.33%	0.2%
ADSK	A	0.09%	0.18%	0.09%
AIG	B	0.14%	0.14%	0.14%
AJG	B	0.07%	0.18%	0.07%
ALB	C	0.01%	0.03%	0.01%
AMD	F	0.27%	0.61%	0.27%
AME	A	0.16%	0.12%	0.12%
AMGN	D	0.21%	0.43%	0.21%
AMT	D	0.11%	0.24%	0.11%
AMZN	C	2.38%	5.13%	2.38%
ANSS	B	0.02%	0.08%	0.02%
AON	A	0.11%	0.2%	0.11%
APO	B	0.17%	0.18%	0.17%
AVB	B	0.12%	0.09%	0.09%
AVGO	D	1.1%	2.04%	1.1%
AXP	A	0.36%	0.45%	0.36%
BAC	A	0.44%	0.87%	0.44%
BAH	F	0.03%	0.05%	0.03%
BIIB	F	0.03%	0.06%	0.03%
BK	A	0.13%	0.16%	0.13%
BKNG	A	0.24%	0.46%	0.24%
BLK	C	0.27%	0.42%	0.27%
BMY	B	0.24%	0.32%	0.24%
BR	A	0.08%	0.07%	0.07%
BSX	B	0.31%	0.35%	0.31%
BX	A	0.19%	0.35%	0.19%
BXP	D	0.07%	0.03%	0.03%
CB	C	0.24%	0.3%	0.24%
CBOE	B	0.03%	0.06%	0.03%
CBRE	B	0.18%	0.11%	0.11%
CCI	D	0.07%	0.12%	0.07%
CEG	D	0.04%	0.19%	0.04%
CG	A	0.02%	0.03%	0.02%
CHD	B	0.1%	0.07%	0.07%
CHTR	C	0.07%	0.1%	0.07%
CLX	B	0.01%	0.06%	0.01%
CMCSA	B	0.25%	0.46%	0.25%
CME	A	0.12%	0.22%	0.12%
CMG	B	0.07%	0.22%	0.07%
CPRT	A	0.04%	0.13%	0.04%
CRM	B	0.42%	0.87%	0.42%
CRWD	B	0.02%	0.21%	0.02%
CSCO	B	0.4%	0.63%	0.4%
CSX	B	0.09%	0.19%	0.09%
CTAS	B	0.04%	0.21%	0.04%
CTLT	B	0.02%	0.03%	0.02%
CTSH	B	0.08%	0.11%	0.08%
DE	A	0.14%	0.28%	0.14%
DFS	B	0.09%	0.12%	0.09%
DHR	F	0.19%	0.43%	0.19%
DIS	B	0.29%	0.54%	0.29%
DLR	B	0.39%	0.16%	0.16%
DOC	D	0.01%	0.04%	0.01%
EBAY	D	0.14%	0.08%	0.08%
ECL	D	0.06%	0.17%	0.06%
EFX	F	0.03%	0.09%	0.03%
EL	F	0.03%	0.04%	0.03%
EQIX	A	0.33%	0.23%	0.23%
EQR	B	0.07%	0.07%	0.07%
ETN	A	0.28%	0.39%	0.28%
EW	C	0.11%	0.11%	0.11%
FDS	B	0.01%	0.05%	0.01%
FI	A	0.18%	0.33%	0.18%
FIS	C	0.07%	0.13%	0.07%
FSLR	F	0.16%	0.05%	0.05%
FTNT	C	0.09%	0.17%	0.09%
FTV	C	0.09%	0.07%	0.07%
GILD	C	0.06%	0.31%	0.06%
GIS	D	0.08%	0.1%	0.08%
GOOG	C	1.45%	2.03%	1.45%
GOOGL	C	1.03%	2.33%	1.03%
GPN	B	0.05%	0.08%	0.05%
GRMN	B	0.08%	0.09%	0.08%
GS	A	0.06%	0.51%	0.06%
HD	A	0.58%	1.09%	0.58%
HIG	B	0.12%	0.09%	0.09%
HLT	A	0.02%	0.17%	0.02%
HPE	B	0.16%	0.07%	0.07%
HSY	F	0.05%	0.07%	0.05%
HUM	C	0.06%	0.09%	0.06%
IBM	C	0.6%	0.52%	0.52%
ICE	C	0.13%	0.24%	0.13%
IDXX	F	0.06%	0.09%	0.06%
IEX	B	0.04%	0.05%	0.04%
ILMN	D	0.04%	0.06%	0.04%
INCY	C	0.01%	0.03%	0.01%
INTC	D	0.18%	0.29%	0.18%
INTU	C	0.31%	0.53%	0.31%
IQV	D	0.1%	0.1%	0.1%
IT	C	0.03%	0.11%	0.03%
ITW	B	0.33%	0.22%	0.22%
JKHY	D	0.01%	0.03%	0.01%
JNJ	D	0.62%	0.99%	0.62%
JPM	A	1.09%	1.88%	1.09%
KDP	D	0.08%	0.1%	0.08%
LH	C	0.02%	0.05%	0.02%
LIN	D	0.07%	0.59%	0.07%
LLY	F	0.94%	1.72%	0.94%
LULU	C	0.08%	0.1%	0.08%
MA	C	0.65%	1.17%	0.65%
MAR	B	0.02%	0.19%	0.02%
MCD	D	0.36%	0.58%	0.36%
MCO	B	0.22%	0.21%	0.21%
MELI	D	0.14%	0.23%	0.14%
META	D	1.62%	3.42%	1.62%
MKC	D	0.01%	0.05%	0.01%
MMC	B	0.2%	0.3%	0.2%
MMM	D	0.02%	0.2%	0.02%
MNST	C	0.03%	0.11%	0.03%
MRK	F	0.47%	0.67%	0.47%
MS	A	0.26%	0.44%	0.26%
MSFT	F	4.03%	4.42%	4.03%
MTCH	D	0.01%	0.02%	0.01%
MTD	D	0.06%	0.07%	0.06%
NDAQ	A	0.04%	0.09%	0.04%
NEM	D	0.08%	0.13%	0.08%
NFLX	A	0.49%	0.98%	0.49%
NKE	D	0.11%	0.25%	0.11%
NOW	A	0.39%	0.58%	0.39%
NSC	B	0.04%	0.16%	0.04%
NTRS	A	0.05%	0.06%	0.05%
NVDA	C	4.67%	6.73%	4.67%
O	D	0.07%	0.13%	0.07%
ODFL	B	0.02%	0.12%	0.02%
ORCL	B	0.59%	0.84%	0.59%
PANW	C	0.14%	0.35%	0.14%
PAYC	B	0.01%	0.03%	0.01%
PAYX	C	0.08%	0.13%	0.08%
PCAR	B	0.06%	0.16%	0.06%
PFE	D	0.19%	0.4%	0.19%
PGR	A	0.22%	0.41%	0.22%
PINS	D	0.01%	0.05%	0.01%
PLD	D	0.21%	0.29%	0.21%
PLTR	B	0.07%	0.32%	0.07%
PNR	A	0.23%	0.05%	0.05%
PPG	F	0.11%	0.08%	0.08%
PWR	A	0.24%	0.13%	0.13%
PYPL	B	0.13%	0.23%	0.13%
QCOM	F	0.26%	0.49%	0.26%
REG	B	0.08%	0.04%	0.04%
REGN	F	0.1%	0.23%	0.1%
ROK	B	0.08%	0.09%	0.08%
ROP	B	0.02%	0.16%	0.02%
RVTY	F	0.07%	0.04%	0.04%
SBUX	A	0.15%	0.3%	0.15%
SCHW	B	0.19%	0.33%	0.19%
SHW	A	0.56%	0.25%	0.25%
SNAP	C	0.01%	0.03%	0.01%
SNOW	C	0.02%	0.11%	0.02%
SPG	B	0.15%	0.16%	0.15%
SPGI	C	0.38%	0.44%	0.38%
SQ	B	0.02%	0.13%	0.02%
SQ	B	0.01%	0.13%	0.01%
STLD	B	0.01%	0.06%	0.01%
STT	A	0.02%	0.08%	0.02%
STZ	D	0.03%	0.11%	0.03%
T	A	0.18%	0.43%	0.18%
TFX	F	0.02%	0.02%	0.02%
TGT	F	0.02%	0.19%	0.02%
TMO	F	0.32%	0.55%	0.32%
TMUS	B	0.13%	0.34%	0.13%
TRMB	B	0.07%	0.05%	0.05%
TROW	B	0.05%	0.07%	0.05%
TRU	D	0.01%	0.05%	0.01%
TRV	B	0.15%	0.16%	0.15%
TSLA	B	1.32%	2.41%	1.32%
TT	A	0.02%	0.25%	0.02%
TW	A	0.02%	0.04%	0.02%
TXN	C	0.27%	0.51%	0.27%
UBER	D	0.17%	0.36%	0.17%
ULTA	F	0.05%	0.05%	0.05%
UNH	C	0.77%	1.47%	0.77%
UNP	C	0.21%	0.39%	0.21%
UPS	C	0.07%	0.26%	0.07%
USB	A	0.12%	0.21%	0.12%
V	A	0.75%	1.31%	0.75%
VICI	C	0.03%	0.09%	0.03%
VRSK	A	0.05%	0.11%	0.05%
VRTX	F	0.14%	0.34%	0.14%
VZ	C	0.21%	0.46%	0.21%
WAB	B	0.08%	0.09%	0.08%
WAT	B	0.02%	0.06%	0.02%
WDAY	B	0.03%	0.16%	0.03%
WELL	A	0.15%	0.22%	0.15%
WFC	A	0.25%	0.69%	0.25%
WM	A	0.1%	0.24%	0.1%
WMT	A	0.35%	1.01%	0.35%
WRB	A	0.07%	0.05%	0.05%
WST	C	0.02%	0.07%	0.02%
WTW	B	0.07%	0.09%	0.07%
WYNN	D	0.01%	0.03%	0.01%
XYL	D	0.36%	0.08%	0.08%
YUM	B	0.07%	0.1%	0.07%
ZBH	C	0.05%	0.06%	0.05%
ZTS	D	0.16%	0.22%	0.16%

NZAC Overweight 164 Positions Relative to USCL

Symbol	Grade	Weight
EIX	B	0.81%
NVS	D	0.41%
BRK.A	B	0.39%
TJX	A	0.36%
ISRG	A	0.31%
AFL	B	0.28%
MSI	B	0.27%
SYK	C	0.25%
LOW	D	0.25%
PH	A	0.25%
BABA	D	0.24%
MDT	D	0.23%
GWW	B	0.21%
MET	A	0.21%
TD	F	0.19%
PNC	B	0.19%
GLW	B	0.19%
FFIV	B	0.18%
ORLY	B	0.18%
FAST	B	0.17%
SONY	B	0.17%
ELV	F	0.17%
AMP	A	0.16%
KLAC	D	0.15%
PRU	A	0.15%
HDB	C	0.14%
COF	B	0.14%
ALL	A	0.14%
TDG	D	0.13%
KKR	A	0.13%
CDW	F	0.13%
JNPR	F	0.13%
AMAT	F	0.12%
SHOP	B	0.12%
MRVL	B	0.12%
BDX	F	0.11%
LI	F	0.11%
PSA	D	0.11%
APH	A	0.11%
INFY	B	0.11%
AZO	C	0.1%
MTB	A	0.1%
ESS	B	0.1%
LRCX	F	0.1%
EQH	B	0.1%
DEO	F	0.1%
TDY	B	0.1%
AIZ	A	0.09%
SYF	B	0.09%
MU	D	0.09%
ROST	C	0.09%
ALLE	D	0.09%
SCCO	F	0.08%
PDD	F	0.08%
MUFG	B	0.08%
RS	B	0.08%
CINF	A	0.07%
RF	A	0.07%
HSBH	B	0.07%
MKL	A	0.07%
AFG	A	0.07%
WIT	A	0.07%
RMD	C	0.07%
VTR	C	0.06%
NTAP	C	0.06%
DHI	D	0.06%
IRM	D	0.06%
TCOM	B	0.06%
LEN	D	0.06%
ANET	C	0.06%
AXON	A	0.06%
KEYS	A	0.06%
CPAY	A	0.05%
LYV	A	0.05%
HOLX	D	0.05%
URI	B	0.05%
TTD	B	0.05%
HSIC	B	0.05%
ENPH	F	0.05%
BRO	B	0.05%
COIN	C	0.04%
RJF	A	0.04%
DXCM	D	0.04%
FOXA	B	0.04%
UHAL	D	0.04%
BCS	C	0.04%
PHM	D	0.04%
XPEV	C	0.04%
EXR	D	0.04%
ALGN	D	0.03%
STE	F	0.03%
NVR	D	0.03%
AZN	D	0.03%
AVTR	F	0.03%
XRX	F	0.03%
VLTO	D	0.03%
CCEP	C	0.03%
EG	C	0.03%
SBAC	D	0.03%
VEEV	C	0.03%
CARR	D	0.03%
LKQ	D	0.03%
ERIE	D	0.03%
GDDY	A	0.03%
OMC	C	0.03%
FOX	A	0.03%
ALNY	D	0.03%
BIDU	F	0.03%
BURL	A	0.03%
TER	D	0.03%
Z	A	0.02%
NIO	F	0.02%
ALLY	C	0.02%
VMC	B	0.02%
BMRN	D	0.02%
RPRX	D	0.02%
MOH	F	0.02%
ROL	B	0.02%
SNA	A	0.02%
HBAN	A	0.02%
MSTR	C	0.02%
DGX	A	0.02%
SEIC	B	0.02%
ZM	B	0.02%
ZBRA	B	0.02%
PODD	C	0.02%
HEI	B	0.02%
DASH	A	0.02%
BCH	F	0.02%
ASAI	F	0.02%
BAX	D	0.02%
VRT	B	0.02%
DLTR	F	0.02%
POOL	C	0.02%
CSGP	D	0.02%
MBAVU	D	0.01%
SMCI	F	0.01%
QGEN	D	0.01%
EXAS	D	0.01%
SWKS	F	0.01%
BBWI	D	0.01%
RIVN	F	0.01%
SUI	D	0.01%
NXPI	D	0.01%
TECH	D	0.01%
BIO	D	0.01%
C	A	0.01%
EPAM	C	0.01%
KVUE	A	0.01%
MAS	D	0.01%
MRNA	F	0.01%
MKTX	D	0.01%
EA	A	0.01%
NBIX	C	0.01%
IPG	D	0.01%
KB	B	0.01%
WPC	D	0.01%
VRSN	F	0.01%
QFIN	B	0.01%
DOCU	A	0.01%
LYG	F	0.01%
TEVA	D	0.01%
NIO	F	0.0%
WIT	A	0.0%

NZAC Underweight 92 Positions Relative to USCL

Symbol	Grade	Weight
XOM	B	-1.46%
PG	A	-1.07%
CVX	A	-0.77%
KO	D	-0.69%
PEP	F	-0.61%
CAT	B	-0.51%
NEE	D	-0.42%
COP	C	-0.36%
SO	D	-0.26%
MDLZ	F	-0.24%
SNPS	B	-0.23%
DUK	C	-0.23%
CDNS	B	-0.22%
EOG	A	-0.21%
MCK	B	-0.21%
EMR	A	-0.2%
CRH	A	-0.19%
CVS	D	-0.19%
CL	D	-0.19%
GM	B	-0.18%
FDX	B	-0.18%
FCX	D	-0.17%
SLB	C	-0.17%
OKE	A	-0.17%
SRE	A	-0.16%
JCI	C	-0.15%
CMI	A	-0.14%
KMI	A	-0.14%
RSG	A	-0.13%
D	C	-0.13%
WCN	A	-0.13%
AEP	D	-0.13%
BKR	B	-0.12%
PEG	A	-0.12%
F	C	-0.12%
KMB	D	-0.12%
CTVA	C	-0.11%
TEAM	A	-0.11%
HES	B	-0.11%
NUE	C	-0.1%
MLM	B	-0.1%
EXC	C	-0.1%
DELL	C	-0.1%
XEL	A	-0.1%
FANG	D	-0.09%
ED	D	-0.09%
HUBS	A	-0.09%
OXY	D	-0.09%
DD	D	-0.09%
NET	B	-0.08%
DOV	A	-0.08%
HUBB	B	-0.07%
AWK	D	-0.07%
DECK	A	-0.07%
LII	A	-0.06%
CSL	C	-0.06%
ATO	A	-0.06%
ES	D	-0.06%
K	A	-0.06%
WY	D	-0.06%
PTC	A	-0.06%
WSM	B	-0.05%
OC	A	-0.05%
GEN	B	-0.05%
EXPD	D	-0.05%
ARE	D	-0.05%
MANH	D	-0.05%
FWONK	B	-0.05%
RPM	A	-0.05%
LVS	C	-0.05%
ZS	C	-0.05%
BALL	D	-0.05%
AKAM	D	-0.04%
LNT	A	-0.04%
GGG	B	-0.04%
JBHT	C	-0.04%
TWLO	A	-0.04%
AVY	D	-0.04%
MRO	B	-0.04%
KIM	A	-0.04%
WTRG	B	-0.03%
CRL	C	-0.03%
CCK	C	-0.03%
TAP	C	-0.03%
DAY	B	-0.03%
OKTA	C	-0.03%
AZPN	A	-0.02%
H	B	-0.02%
BSY	D	-0.02%
DVA	B	-0.02%
CPB	D	-0.02%
MGM	D	-0.02%