NZAC vs. BRNY ETF Comparison

Comparison of SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) to Burney U.S. Factor Rotation ETF (BRNY)

NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

NZAC Description

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to exceed the minimum standards for a "Paris-Aligned Benchmark" under the EU BMR. A Paris-Aligned Benchmark is designed to align with a principal objective of the Paris Agreement to limit the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels.

Grade (RS Rating)

Last Trade

$36.67

Average Daily Volume

7,488

Number of Holdings ^*

369

* may have additional holdings in another (foreign) market

BRNY

Burney U.S. Factor Rotation ETF

BRNY Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks long term growth of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock. The fund will invest its assets in common stocks of large, mid, and small-capitalization companies.

Grade (RS Rating)

Last Trade

$41.94

Average Daily Volume

8,690

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NZAC	BRNY
30 Days	0.05%	4.55%
60 Days	2.11%	10.85%
90 Days	4.61%	12.51%
12 Months	27.54%	43.12%

41 Overlapping Holdings

Symbol	Grade	Weight in NZAC	Weight in BRNY	Overlap
AAPL	C	4.41%	4.42%	4.41%
ACGL	C	0.12%	0.25%	0.12%
ALL	B	0.13%	0.48%	0.13%
ALNY	D	0.04%	0.46%	0.04%
AMAT	F	0.13%	0.42%	0.13%
ANET	C	0.07%	1.51%	0.07%
APH	B	0.12%	1.3%	0.12%
AVGO	C	1.2%	0.47%	0.47%
BK	B	0.12%	0.47%	0.12%
BURL	C	0.03%	0.48%	0.03%
CBOE	D	0.03%	0.49%	0.03%
DOCU	B	0.01%	0.54%	0.01%
EA	A	0.01%	0.78%	0.01%
EBAY	C	0.13%	0.49%	0.13%
ETN	B	0.28%	0.39%	0.28%
FTNT	B	0.07%	6.07%	0.07%
GOOGL	C	1.06%	2.91%	1.06%
INCY	B	0.01%	0.54%	0.01%
JPM	A	1.03%	0.49%	0.49%
KLAC	F	0.16%	0.21%	0.16%
LIN	D	0.08%	0.46%	0.08%
MCO	C	0.21%	2.6%	0.21%
META	B	1.69%	5.02%	1.69%
MMC	D	0.19%	0.36%	0.19%
MS	A	0.25%	0.52%	0.25%
NFLX	A	0.46%	1.81%	0.46%
NTAP	D	0.06%	0.48%	0.06%
NVDA	A	4.78%	5.35%	4.78%
PANW	B	0.14%	3.22%	0.14%
PGR	A	0.21%	3.75%	0.21%
PHM	D	0.04%	0.41%	0.04%
PLTR	B	0.06%	0.85%	0.06%
QCOM	F	0.28%	1.56%	0.28%
ROST	D	0.09%	0.25%	0.09%
SPG	A	0.15%	0.53%	0.15%
SYF	B	0.09%	0.54%	0.09%
TT	B	0.02%	3.94%	0.02%
VICI	D	0.03%	0.44%	0.03%
VRTX	B	0.15%	0.48%	0.15%
WAB	B	0.08%	3.89%	0.08%
WFC	A	0.23%	0.51%	0.23%

NZAC Overweight 328 Positions Relative to BRNY

Symbol	Grade	Weight
MSFT	C	4.04%
AMZN	A	2.4%
GOOG	C	1.48%
TSLA	B	1.19%
LLY	F	0.98%
UNH	B	0.77%
EIX	C	0.77%
V	A	0.72%
MA	B	0.63%
IBM	D	0.61%
JNJ	D	0.61%
ABBV	F	0.6%
ORCL	A	0.59%
SHW	A	0.56%
HD	B	0.56%
ADI	D	0.5%
MRK	F	0.48%
BAC	A	0.41%
NVS	F	0.41%
CSCO	A	0.4%
ABBV	F	0.4%
CRM	B	0.39%
DLR	C	0.38%
NOW	A	0.38%
ACN	B	0.38%
SPGI	C	0.37%
BRK.A	B	0.37%
XYL	F	0.36%
ACM	B	0.36%
TJX	A	0.35%
AXP	B	0.35%
MCD	C	0.35%
TMO	F	0.34%
WMT	A	0.34%
ADBE	C	0.34%
EQIX	B	0.32%
ITW	B	0.32%
ISRG	A	0.3%
BSX	A	0.3%
INTU	A	0.3%
AMD	F	0.29%
TXN	B	0.28%
BABA	D	0.26%
AFL	C	0.26%
PH	A	0.25%
MSI	B	0.25%
CMCSA	B	0.25%
LOW	B	0.24%
DIS	B	0.24%
BKNG	A	0.23%
BMY	B	0.23%
SYK	A	0.23%
AMGN	F	0.23%
PWR	B	0.23%
PNR	A	0.22%
MDT	D	0.22%
CB	C	0.22%
GWW	B	0.21%
PLD	D	0.21%
UNP	D	0.21%
GLW	B	0.2%
VZ	D	0.2%
DHR	F	0.2%
ADP	A	0.2%
MET	C	0.2%
PFE	F	0.2%
TD	D	0.19%
INTC	C	0.19%
ABT	C	0.19%
CBRE	B	0.18%
ORLY	A	0.18%
ELV	F	0.18%
FFIV	B	0.18%
PNC	B	0.18%
BX	A	0.18%
SCHW	B	0.17%
APO	B	0.17%
FAST	B	0.17%
T	A	0.17%
FI	A	0.17%
AME	A	0.16%
ZTS	D	0.16%
SONY	C	0.16%
FSLR	F	0.16%
UBER	F	0.16%
TRV	B	0.15%
WELL	B	0.15%
CDW	F	0.15%
AMP	A	0.15%
HPE	B	0.15%
HDB	C	0.14%
PRU	B	0.14%
AIG	B	0.14%
JNPR	D	0.14%
DE	D	0.14%
SBUX	B	0.14%
TMUS	A	0.13%
KKR	B	0.13%
MRVL	B	0.13%
TDG	D	0.13%
MELI	D	0.13%
COF	B	0.13%
HIG	C	0.12%
LI	F	0.12%
AVB	B	0.12%
PYPL	A	0.12%
CME	B	0.12%
USB	B	0.12%
ICE	C	0.12%
AON	B	0.11%
PSA	D	0.11%
PPG	F	0.11%
BDX	F	0.11%
REGN	F	0.11%
LRCX	F	0.11%
NKE	F	0.11%
INFY	C	0.11%
IQV	F	0.11%
WM	A	0.1%
MU	D	0.1%
EQH	B	0.1%
EW	F	0.1%
TDY	B	0.1%
AMT	F	0.1%
DEO	F	0.1%
DFS	B	0.09%
NEM	F	0.09%
ADSK	B	0.09%
MTB	A	0.09%
ALLE	D	0.09%
CSX	B	0.09%
FTV	C	0.09%
ESS	C	0.09%
CHD	A	0.09%
SHOP	B	0.09%
AZO	B	0.09%
YUM	B	0.08%
RVTY	C	0.08%
RMD	C	0.08%
REG	A	0.08%
GRMN	A	0.08%
KDP	C	0.08%
AIZ	A	0.08%
MUFG	A	0.08%
LULU	B	0.08%
ROK	B	0.08%
BR	A	0.08%
PAYX	B	0.08%
CTSH	A	0.08%
PDD	F	0.08%
GIS	F	0.08%
SCCO	F	0.08%
RS	C	0.08%
RF	A	0.07%
TCOM	C	0.07%
HUM	D	0.07%
UPS	C	0.07%
GILD	B	0.07%
MTD	F	0.07%
CCI	F	0.07%
MKL	A	0.07%
TRMB	B	0.07%
EQR	C	0.07%
AFG	A	0.07%
BXP	D	0.07%
WRB	B	0.07%
KEYS	C	0.07%
AJG	A	0.07%
CMG	B	0.07%
WIT	B	0.07%
WTW	A	0.07%
HSBH	A	0.07%
CHTR	B	0.07%
TTD	B	0.06%
VTR	C	0.06%
IRM	D	0.06%
GS	B	0.06%
DHI	D	0.06%
ECL	C	0.06%
PCAR	B	0.06%
A	F	0.06%
LEN	D	0.06%
ENPH	F	0.06%
CINF	A	0.06%
O	D	0.06%
IDXX	F	0.06%
FIS	B	0.06%
HOLX	D	0.05%
TROW	A	0.05%
AXON	B	0.05%
URI	B	0.05%
HSY	F	0.05%
ABNB	C	0.05%
HSIC	F	0.05%
BRO	B	0.05%
ULTA	C	0.05%
BIDU	F	0.04%
TER	F	0.04%
FOXA	A	0.04%
NSC	B	0.04%
CEG	D	0.04%
CTAS	B	0.04%
CPRT	A	0.04%
BCS	B	0.04%
XPEV	C	0.04%
NDAQ	B	0.04%
ILMN	C	0.04%
UHAL	D	0.04%
EXR	D	0.04%
CPAY	A	0.04%
LYV	A	0.04%
ZBH	C	0.04%
IEX	B	0.04%
NTRS	A	0.04%
GPN	B	0.04%
VRSK	A	0.04%
XRX	F	0.03%
CSGP	F	0.03%
NVR	D	0.03%
AZN	F	0.03%
EFX	F	0.03%
EG	D	0.03%
VLTO	D	0.03%
CCEP	C	0.03%
MNST	B	0.03%
SBAC	D	0.03%
COIN	B	0.03%
BAH	C	0.03%
GDDY	B	0.03%
CARR	C	0.03%
LKQ	C	0.03%
AVTR	F	0.03%
FOX	A	0.03%
VEEV	B	0.03%
ERIE	F	0.03%
IT	B	0.03%
DXCM	C	0.03%
EL	F	0.03%
STZ	D	0.03%
BIIB	F	0.03%
OMC	A	0.03%
RJF	A	0.03%
MSTR	B	0.02%
TEVA	D	0.02%
CG	B	0.02%
PINS	F	0.02%
VMC	B	0.02%
TW	B	0.02%
ALLY	C	0.02%
MRNA	F	0.02%
ANSS	B	0.02%
BMRN	F	0.02%
ROL	C	0.02%
RPRX	F	0.02%
TFX	F	0.02%
STT	B	0.02%
CRWD	B	0.02%
NIO	F	0.02%
SNA	A	0.02%
HBAN	A	0.02%
WST	B	0.02%
DGX	B	0.02%
PODD	B	0.02%
HEI	A	0.02%
MOH	F	0.02%
ZM	B	0.02%
SEIC	A	0.02%
WAT	B	0.02%
ZBRA	B	0.02%
ASAI	F	0.02%
DASH	A	0.02%
BCH	D	0.02%
CTLT	D	0.02%
SNOW	C	0.02%
MAR	A	0.02%
VRT	B	0.02%
DLTR	F	0.02%
HLT	A	0.02%
SQ	B	0.02%
ODFL	B	0.02%
TGT	C	0.02%
LH	B	0.02%
ROP	A	0.02%
ALGN	D	0.02%
BAX	F	0.02%
MMM	C	0.02%
WDAY	B	0.02%
POOL	D	0.02%
STE	D	0.02%
MBAVU	C	0.01%
WYNN	C	0.01%
BBWI	C	0.01%
MTCH	F	0.01%
QGEN	D	0.01%
RIVN	F	0.01%
EXAS	F	0.01%
SWKS	F	0.01%
SUI	F	0.01%
STLD	C	0.01%
NXPI	F	0.01%
JKHY	C	0.01%
ALB	C	0.01%
SQ	B	0.01%
SMCI	F	0.01%
C	B	0.01%
KVUE	A	0.01%
EPAM	B	0.01%
CLX	A	0.01%
TECH	D	0.01%
PAYC	B	0.01%
MAS	D	0.01%
FDS	A	0.01%
MKC	D	0.01%
BIO	C	0.01%
MKTX	C	0.01%
DOC	C	0.01%
SNAP	C	0.01%
NBIX	C	0.01%
WPC	F	0.01%
TRU	D	0.01%
KB	C	0.01%
VRSN	C	0.01%
LYG	D	0.01%
IPG	F	0.01%
Z	B	0.01%
QFIN	C	0.01%
WIT	B	0.0%
NIO	F	0.0%

NZAC Underweight 37 Positions Relative to BRNY

Symbol	Grade	Weight
TXRH	A	-4.8%
COR	B	-4.56%
TOL	B	-4.22%
EXEL	B	-2.63%
G	B	-2.06%
APP	B	-1.85%
BRBR	A	-1.75%
COLL	F	-1.34%
EME	B	-1.12%
UGI	D	-1.09%
VERX	B	-1.01%
DOCS	B	-1.01%
HWM	B	-0.85%
SFM	B	-0.75%
CORT	B	-0.73%
YOU	D	-0.62%
TRGP	B	-0.57%
ALSN	B	-0.56%
CACI	C	-0.52%
KMI	B	-0.51%
WING	D	-0.51%
EXP	B	-0.5%
UTHR	B	-0.5%
GWRE	A	-0.49%
PRG	B	-0.49%
LII	B	-0.47%
AER	B	-0.47%
TGTX	B	-0.46%
GRBK	D	-0.46%
SN	C	-0.42%
JAMF	F	-0.37%
TPH	C	-0.36%
CNC	F	-0.33%
LOPE	B	-0.3%
TSCO	D	-0.25%
DFIN	D	-0.24%
NVT	C	-0.23%