NZAC - ETF AI Analysis
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SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)
Rating:65Neutral
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)
AUM196.34M
RegionGlobal
Expense Ratio0.12%
Beta0.92
IssuerState Street
Inception DateNov 25, 2014
Dividend Yield2.01%
Asset ClassEquity
Index TrackedMSCI ACWI Climate Paris Aligned PAB Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,609
30 Day Avg. Volume5,920
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
55.75Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering530
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 AI. Nvidia and Microsoft are doing the heavy lifting, with rising momentum tied to data centers and cloud-driven AI demand. Apple, by contrast, looks a bit tired, losing steam recently even as its long-term story stays intact. Alphabet and Amazon are more mixed, with solid fundamentals but choppy trading that sometimes puts a speed bump in the fund’s path. Tesla and Meta have been lagging, acting as small drags. Overall, it’s a globally diversified fund, but the real action is in U.S. tech leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 6.36% | $12.48M | $5.41T | 26.31% | 76 Outperform | |
| Apple | 5.36% | $10.51M | $4.90T | 33.51% | 79 Outperform | |
| Microsoft | 3.89% | $7.62M | $3.70T | 0.92% | 79 Outperform | |
| Amazon | 2.43% | $4.77M | $2.69T | 13.60% | 71 Outperform | |
| Alphabet Class C | 2.27% | $4.44M | $4.17T | 37.49% | 82 Outperform | |
| Meta Platforms | 1.82% | $3.57M | $1.98T | 1.06% | 76 Outperform | |
| Broadcom | 1.71% | $3.34M | $1.67T | 5.46% | 76 Outperform | |
| Tesla | 1.59% | $3.12M | $1.49T | -15.51% | 73 Outperform | |
| Advanced Micro Devices | 1.54% | $3.01M | $1.03T | 295.48% | 73 Outperform | |
| Alphabet Class A | 1.51% | $2.95M | $4.17T | 39.50% | 85 Outperform |
NZAC Technical Analysis
Neutral
―
Price Trends
46.59
Positive
46.14
Positive
44.36
Positive
Market Momentum
0.04
Negative
48.16
Neutral
55.94
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NZAC, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 46.74, equal to the 50-day MA of 46.59, and equal to the 200-day MA of 44.36, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 48.16 is Neutral, neither overbought nor oversold. The STOCH value of 55.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NZAC.
NZAC Peer Comparison
Comparison Results
Performance Comparison
NZAC
SPDR MSCI ACWI Climate Paris Aligned ETF
46.60
5.35
12.97%
GII
SPDR S&P Global Infrastructure ETF
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TAN
Invesco Solar ETF
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ROBT
First Trust Nasdaq Artificial Intelligence & Robotics ETF
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NUKZ
Range Nuclear Renaissance Index ETF
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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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