NZACState Street SPDR MSCI ACWI Climate Paris Aligned ETF

Grow my money11y track recordRanked #772 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the total return performance of an index that provides exposure to large- and mid-cap companies in developed and emerging markets.

By State Street Investment Management · Launched 2014

Annual Cost

0.12%

#606 of 5,562 · low cost

Fund Size

$196M

#2,320 of 5,562 · mid-size

Return (1Y)Goal

+23.7%

Track Record

11 years

#1,251 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,341+23.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Focus

ESG

Index tracked

MSCI ACWI Climate Paris Aligned Index

What it actually holds

By weight

Concentration

Top 10 holdings = 28.3% of fund✓ well diversified

NVIDIA Corp

5.7%

Apple Inc

4.7%

Microsoft Corp

4.1%

Amazon.com Inc

2.4%

State Street Global Advisors

2.4%

Alphabet Inc

2.3%

Broadcom Inc

1.8%

Tesla Inc

1.8%

Meta Platforms Inc

1.7%

Alphabet Inc

1.6%

Asset allocation

Stocks

98.4%

Cash

1.4%

Other

0.2%

By sector

Technology

36.6%

Financial Services

15.4%

Industrials

9.7%

Communication

8.8%

Healthcare

8.7%

Consumer Cyclical

8.3%

Real Estate

6.5%

Utilities

2.9%

Other

3.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

13.6%Moderate

Year-on-year price swings

Max drawdown

-33.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.94Decent risk-adjusted returns

Sortino (3Y)

1.39Good downside protection

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide investment results that correspond generally to the total return performance of an index that provides exposure to large- and mid-cap companies in developed and emerging markets.
Strategy: Employs a sampling strategy to track the MSCI ACWI Climate Paris Aligned Index, investing at least 80% of assets in securities comprising the Index. The Fund may also invest in cash equivalents and may use futures contracts to manage cash flows.
Inception date: November 25, 2014
Fund family: State Street Investment Management