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NZAC vs CWI

State Street SPDR MSCI ACWI Climate Paris Aligned ETF vs State Street SPDR MSCI ACWI ex-US ETF

NZAC

State Street SPDR MSCI ACWI Climate Paris Aligned ETF

State Street Investment Management

Annual cost

0.12%

Fund size

$188M

CWI

State Street SPDR MSCI ACWI ex-US ETF

State Street Investment Management

Annual cost

0.30%

Fund size

$2.7B

Key differences

  • NZAC costs 0.18% less per year.
  • CWI is significantly larger than NZAC — larger funds tend to be more liquid and less likely to close.
  • CWI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NZACCWI
Annual cost (TER)0.12%0.30%
Fund size (AUM)$188M$2.7B
Since20142007
Dividend yield1.83%2.73%
Asset classequityequity
Region
Strategyindex trackingindex tracking
CAGR 1Y+24.7%+30.6%
CAGR 3Y+19.3%+18.8%
CAGR 5Y+10.2%+9.1%
Sharpe 3Y1.020.98
Volatility 1Y12.95%15.25%
Max drawdown-33.72%-34.64%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to NZAC and CWI