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NZAC vs KLMT

State Street SPDR MSCI ACWI Climate Paris Aligned ETF vs Invesco MSCI Global Climate 500 ETF

NZAC

State Street SPDR MSCI ACWI Climate Paris Aligned ETF

State Street Investment Management

Annual cost

0.12%

Fund size

$188M

KLMT

Invesco MSCI Global Climate 500 ETF

Invesco

Annual cost

0.10%

Fund size

$1.5B

Key differences

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

Side-by-side comparison

NZACKLMT
Annual cost (TER)0.12%0.10%
Fund size (AUM)$188M$1.5B
Since20142024
Dividend yield1.83%1.84%
Asset classequityequity
Region
Strategyindex trackingindex tracking
CAGR 1Y+24.7%+27.7%
CAGR 3Y+19.3%N/A
CAGR 5Y+10.2%N/A
Sharpe 3Y1.02N/A
Volatility 1Y12.95%12.65%
Max drawdown-33.72%-16.88%

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

Similar to NZAC and KLMT