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NZAC vs USCL

State Street SPDR MSCI ACWI Climate Paris Aligned ETF vs Ishares Climate Conscious & Transition MSCI USA ETF

NZAC

State Street SPDR MSCI ACWI Climate Paris Aligned ETF

State Street Investment Management

Annual cost

0.12%

Fund size

$188M

USCL

Ishares Climate Conscious & Transition MSCI USA ETF

iShares

Annual cost

0.08%

Fund size

$2.5B

Key differences

  • USCL 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

NZACUSCL
Annual cost (TER)0.12%0.08%
Fund size (AUM)$188M$2.5B
Since20142023
Dividend yield1.83%1.12%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+24.7%+21.8%
CAGR 3Y+19.3%N/A
CAGR 5Y+10.2%N/A
Sharpe 3Y1.02N/A
Volatility 1Y12.95%12.23%
Max drawdown-33.72%-18.99%

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

Similar to NZAC and USCL