NZAC - ETF AI Analysis
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SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Top Tech Holdings
Several of the largest technology positions, including major chipmakers and platform companies, have shown strong gains, helping support the ETF’s recent performance.
Global Diversification
While the fund is heavily invested in the U.S., it also holds companies from many other countries, which can help spread geographic risk.
Low Expense Ratio
The ETF charges a relatively low fee, which means more of any returns stay in investors’ pockets over time.
Negative Factors
Heavy U.S. Concentration
With a large majority of assets in U.S. stocks, the fund is highly sensitive to the U.S. market and less balanced across regions.
Tech Sector Dominance
Nearly a third of the portfolio is in technology, so a downturn in this sector could have an outsized impact on the ETF.
Mixed Performance Among Top Holdings
Some major positions, including a few large technology and auto names, have shown weaker or negative performance, which can drag on overall returns.
NZAC vs. SPDR S&P 500 ETF (SPY)
AUM197.26M
RegionGlobal
Expense Ratio0.12%
Beta0.92
IssuerState Street
Inception DateNov 25, 2014
Dividend Yield2%
Asset ClassEquity
Index TrackedMSCI ACWI Climate Paris Aligned PAB Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,346
30 Day Avg. Volume4,445
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
54.60Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering545
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NZAC Summary
NZAC is an ETF that follows the MSCI ACWI Climate Paris Aligned Index, focusing on global companies that are working to cut carbon emissions and support a low‑carbon economy. It holds many well-known names like Apple and Nvidia, along with a broad mix of sectors, with a strong tilt toward technology and U.S. stocks. Investors might consider NZAC for long-term growth and diversification while supporting climate-friendly businesses. However, because it leans heavily on tech and stock markets worldwide, its value can go up and down with market swings and changes in sentiment toward sustainable investing.
How much will it cost me?The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) has an expense ratio of 0.12%, which means you’ll pay $1.20 per year for every $1,000 invested. This is lower than average for actively managed funds, as NZAC is passively managed and tracks an index focused on climate-conscious companies.
What would affect this ETF?The NZAC ETF could benefit from the global shift toward sustainable energy and low-carbon initiatives, as governments and businesses increasingly prioritize climate-friendly policies and technologies. Its strong exposure to technology and financial sectors, along with top holdings like Nvidia, Apple, and Microsoft, positions it to gain from innovation and growth in these areas. However, potential risks include regulatory changes or economic slowdowns that could impact global markets or specific sectors, as well as challenges faced by companies in meeting climate goals.
NZAC Top 10 Holdings
NZAC’s story is all about climate-conscious Big Tech and chip powerhouses steering the ship. Apple has been a clear bright spot, rising steadily and helping offset choppier moves elsewhere. Nvidia and AMD are also key drivers, with AMD in particular catching a strong tailwind lately, even as Nvidia’s momentum has turned a bit mixed. On the flip side, Microsoft and Amazon have been more of a drag, while Tesla is clearly losing steam. Overall, the fund leans heavily toward global tech and semiconductors, with broad international exposure beyond just the U.S.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 6.12% | $12.06M | $4.86T | 22.58% | 76 Outperform | |
| Apple | 4.91% | $9.68M | $4.54T | 36.62% | 79 Outperform | |
| Microsoft | 3.84% | $7.58M | $3.45T | -4.22% | 79 Outperform | |
| Amazon | 2.63% | $5.17M | $2.92T | 23.26% | 71 Outperform | |
| Alphabet Class C | 2.36% | $4.65M | $4.36T | 74.91% | 82 Outperform | |
| Broadcom | 2.01% | $3.97M | $1.85T | 40.26% | 76 Outperform | |
| Alphabet Class A | 1.55% | $3.06M | $4.36T | 75.90% | 85 Outperform | |
| Meta Platforms | 1.37% | $2.69M | $1.42T | -23.03% | 76 Outperform | |
| Tesla | 1.32% | $2.61M | $1.23T | -0.32% | 73 Outperform | |
| Digital Realty | 1.26% | $2.48M | $69.75B | 14.06% | 69 Neutral |
NZAC Technical Analysis
Positive
―
Price Trends
45.79
Positive
44.61
Positive
43.54
Positive
Market Momentum
0.40
Negative
63.18
Neutral
93.12
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NZAC, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 45.89, equal to the 50-day MA of 45.79, and equal to the 200-day MA of 43.54, indicating a bullish trend. The MACD of 0.40 indicates Negative momentum. The RSI at 63.18 is Neutral, neither overbought nor oversold. The STOCH value of 93.12 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NZAC.
NZAC Peer Comparison
Comparison Results
Performance Comparison
NZAC
SPDR MSCI ACWI Climate Paris Aligned ETF
47.16
7.78
19.76%
GII
SPDR S&P Global Infrastructure ETF
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MGNR
American Beacon GLG Natural Resources ETF
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ROBT
First Trust Nasdaq Artificial Intelligence & Robotics ETF
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WTAI
WisdomTree Artificial Intelligence and Innovation Fund
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IQSZ
Invesco Global Equity Net Zero ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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