NZAC vs. DFAX ETF Comparison

Comparison of SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) to Dimensional World ex U.S. Core Equity 2 ETF (DFAX)

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

$37.11

Average Daily Volume

6,919

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

DFAX

Dimensional World ex U.S. Core Equity 2 ETF

DFAX Description

Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund is co-managed by Dimensional Fund Advisors Ltd. and DFA Australia Limited. It invests in public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to benchmark the performance of its portfolio against the MSCI All Country World ex USA Index (net dividends). Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF was formed on March 6, 2008 and is domiciled in United States.

Grade (RS Rating)

Last Trade

$25.40

Average Daily Volume

493,595

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

Performance

Period	NZAC	DFAX
30 Days	-0.46%	-3.20%
60 Days	0.77%	-3.57%
90 Days	2.06%	-3.85%
12 Months	25.27%	12.49%

45 Overlapping Holdings

Symbol	Grade	Weight in NZAC	Weight in DFAX	Overlap
ABBV	F	0.6%	0.23%	0.23%
ABBV	F	0.34%	0.23%	0.23%
ASAI	F	0.02%	0.0%	0.0%
ASAI	F	0.02%	0.01%	0.01%
AZN	F	0.03%	0.21%	0.03%
BABA	D	0.24%	0.39%	0.24%
BCH	C	0.02%	0.0%	0.0%
BCH	C	0.02%	0.01%	0.01%
BCS	A	0.04%	0.02%	0.02%
BCS	A	0.04%	0.09%	0.04%
BIDU	F	0.03%	0.04%	0.03%
BIDU	F	0.03%	0.04%	0.03%
CCEP	C	0.03%	0.04%	0.03%
DEO	F	0.1%	0.02%	0.02%
DEO	F	0.1%	0.05%	0.05%
HDB	C	0.14%	0.1%	0.1%
HDB	C	0.14%	0.02%	0.02%
HSBH	B	0.07%	0.09%	0.07%
INFY	C	0.11%	0.06%	0.06%
KB	B	0.01%	0.12%	0.01%
KB	B	0.01%	0.01%	0.01%
LI	F	0.11%	0.01%	0.01%
LYG	D	0.01%	0.1%	0.01%
LYG	D	0.01%	0.0%	0.0%
MBAVU	C	0.01%	0.01%	0.01%
MUFG	B	0.08%	0.23%	0.08%
MUFG	B	0.08%	0.04%	0.04%
NIO	F	0.0%	0.02%	0.0%
NIO	F	0.02%	0.02%	0.02%
NVS	F	0.41%	0.6%	0.41%
NVS	F	0.41%	0.01%	0.01%
PDD	F	0.08%	0.09%	0.08%
QGEN	D	0.01%	0.02%	0.01%
SHOP	B	0.12%	0.02%	0.02%
SONY	B	0.17%	0.24%	0.17%
TCOM	B	0.06%	0.09%	0.06%
TCOM	B	0.06%	0.04%	0.04%
TD	D	0.19%	0.18%	0.18%
TEVA	C	0.01%	0.04%	0.01%
WIT	B	0.0%	0.01%	0.0%
WIT	B	0.07%	0.0%	0.0%
WIT	B	0.07%	0.01%	0.01%
WIT	B	0.0%	0.0%	0.0%
XPEV	C	0.04%	0.03%	0.03%
XRX	F	0.03%	0.02%	0.02%

NZAC Overweight 338 Positions Relative to DFAX

Symbol	Grade	Weight
NVDA	B	4.67%
AAPL	C	4.47%
MSFT	D	4.03%
AMZN	C	2.38%
META	D	1.62%
GOOG	C	1.45%
TSLA	B	1.32%
AVGO	D	1.1%
JPM	A	1.09%
GOOGL	C	1.03%
LLY	F	0.94%
EIX	B	0.81%
UNH	B	0.77%
V	A	0.75%
MA	B	0.65%
JNJ	C	0.62%
IBM	C	0.6%
ORCL	A	0.59%
HD	B	0.58%
SHW	B	0.56%
NFLX	A	0.49%
MRK	D	0.47%
ADI	D	0.46%
BAC	A	0.44%
CRM	B	0.42%
CSCO	B	0.4%
ACN	B	0.39%
NOW	A	0.39%
BRK.A	B	0.39%
DLR	B	0.39%
SPGI	C	0.38%
ACM	B	0.36%
MCD	D	0.36%
XYL	D	0.36%
AXP	A	0.36%
TJX	A	0.36%
WMT	A	0.35%
ADBE	C	0.35%
EQIX	A	0.33%
ITW	B	0.33%
TMO	F	0.32%
BSX	A	0.31%
ISRG	A	0.31%
INTU	B	0.31%
DIS	B	0.29%
AFL	B	0.28%
ETN	A	0.28%
TXN	C	0.27%
MSI	B	0.27%
AMD	F	0.27%
BLK	B	0.27%
MS	A	0.26%
QCOM	F	0.26%
SYK	B	0.25%
LOW	C	0.25%
CMCSA	B	0.25%
WFC	A	0.25%
PH	A	0.25%
BKNG	A	0.24%
CB	C	0.24%
PWR	A	0.24%
BMY	B	0.24%
MDT	D	0.23%
PNR	A	0.23%
PGR	A	0.22%
MCO	B	0.22%
VZ	C	0.21%
AMGN	F	0.21%
GWW	B	0.21%
PLD	F	0.21%
UNP	C	0.21%
MET	A	0.21%
MMC	B	0.2%
ADP	A	0.2%
SCHW	B	0.19%
PFE	F	0.19%
PNC	B	0.19%
DHR	F	0.19%
GLW	B	0.19%
BX	A	0.19%
ABT	B	0.19%
FI	A	0.18%
CBRE	B	0.18%
INTC	C	0.18%
FFIV	B	0.18%
T	A	0.18%
ORLY	B	0.18%
UBER	F	0.17%
FAST	B	0.17%
ELV	F	0.17%
APO	B	0.17%
HPE	B	0.16%
AMP	A	0.16%
FSLR	F	0.16%
ZTS	D	0.16%
AME	A	0.16%
KLAC	F	0.15%
PRU	A	0.15%
WELL	A	0.15%
SBUX	A	0.15%
SPG	A	0.15%
TRV	B	0.15%
EBAY	D	0.14%
COF	C	0.14%
ALL	A	0.14%
DE	B	0.14%
VRTX	D	0.14%
PANW	B	0.14%
AIG	B	0.14%
MELI	C	0.14%
TDG	D	0.13%
ICE	C	0.13%
BK	A	0.13%
KKR	A	0.13%
PYPL	B	0.13%
TMUS	B	0.13%
CDW	F	0.13%
JNPR	D	0.13%
AMAT	F	0.12%
AVB	B	0.12%
ACGL	C	0.12%
HIG	B	0.12%
MRVL	B	0.12%
USB	A	0.12%
CME	B	0.12%
PPG	F	0.11%
AMT	C	0.11%
AON	A	0.11%
EW	C	0.11%
BDX	F	0.11%
PSA	C	0.11%
APH	A	0.11%
NKE	F	0.11%
AZO	C	0.1%
MTB	A	0.1%
ESS	B	0.1%
WM	B	0.1%
CHD	A	0.1%
LRCX	F	0.1%
REGN	F	0.1%
EQH	C	0.1%
IQV	F	0.1%
TDY	B	0.1%
FTNT	C	0.09%
AIZ	A	0.09%
SYF	B	0.09%
MU	D	0.09%
ADSK	A	0.09%
ROST	D	0.09%
DFS	B	0.09%
ALLE	C	0.09%
CSX	C	0.09%
FTV	C	0.09%
SCCO	F	0.08%
KDP	F	0.08%
GRMN	B	0.08%
CTSH	B	0.08%
REG	A	0.08%
PAYX	B	0.08%
LULU	C	0.08%
NEM	D	0.08%
GIS	D	0.08%
WAB	B	0.08%
RS	B	0.08%
ROK	C	0.08%
BR	A	0.08%
O	C	0.07%
FIS	C	0.07%
CINF	A	0.07%
BXP	C	0.07%
RVTY	F	0.07%
UPS	C	0.07%
TRMB	B	0.07%
PLTR	B	0.07%
CCI	C	0.07%
RF	A	0.07%
CMG	B	0.07%
WRB	A	0.07%
EQR	C	0.07%
AJG	A	0.07%
MKL	A	0.07%
AFG	A	0.07%
WTW	B	0.07%
RMD	C	0.07%
CHTR	C	0.07%
LIN	C	0.07%
YUM	D	0.07%
A	D	0.06%
VTR	B	0.06%
NTAP	C	0.06%
DHI	F	0.06%
IRM	C	0.06%
MTD	F	0.06%
ECL	D	0.06%
GS	A	0.06%
PCAR	B	0.06%
LEN	D	0.06%
ANET	C	0.06%
GILD	C	0.06%
AXON	A	0.06%
IDXX	F	0.06%
KEYS	A	0.06%
HUM	C	0.06%
CPAY	A	0.05%
LYV	A	0.05%
VRSK	A	0.05%
NTRS	A	0.05%
ZBH	C	0.05%
ABNB	C	0.05%
HOLX	D	0.05%
GPN	B	0.05%
TROW	B	0.05%
URI	C	0.05%
TTD	B	0.05%
HSY	F	0.05%
ULTA	F	0.05%
HSIC	C	0.05%
ENPH	F	0.05%
BRO	B	0.05%
COIN	C	0.04%
ILMN	C	0.04%
RJF	A	0.04%
CEG	C	0.04%
DXCM	C	0.04%
NSC	B	0.04%
FOXA	A	0.04%
UHAL	D	0.04%
CTAS	B	0.04%
PHM	D	0.04%
CPRT	B	0.04%
NDAQ	A	0.04%
EXR	C	0.04%
IEX	C	0.04%
BAH	F	0.03%
ALGN	D	0.03%
EFX	F	0.03%
WDAY	B	0.03%
STE	D	0.03%
NVR	D	0.03%
VICI	C	0.03%
MNST	C	0.03%
AVTR	F	0.03%
VLTO	C	0.03%
EG	C	0.03%
SBAC	D	0.03%
VEEV	C	0.03%
CARR	C	0.03%
LKQ	F	0.03%
ERIE	D	0.03%
GDDY	A	0.03%
BIIB	F	0.03%
OMC	C	0.03%
IT	C	0.03%
CBOE	C	0.03%
FOX	A	0.03%
EL	F	0.03%
ALNY	D	0.03%
BURL	B	0.03%
TER	F	0.03%
STZ	D	0.03%
Z	A	0.02%
CG	B	0.02%
ANSS	B	0.02%
ALLY	C	0.02%
VMC	B	0.02%
BMRN	F	0.02%
TW	A	0.02%
RPRX	D	0.02%
TFX	F	0.02%
MOH	F	0.02%
ROL	B	0.02%
STT	B	0.02%
CRWD	B	0.02%
SNA	A	0.02%
WST	C	0.02%
TT	A	0.02%
HBAN	A	0.02%
WAT	C	0.02%
MSTR	B	0.02%
DGX	A	0.02%
SEIC	B	0.02%
ZM	C	0.02%
ZBRA	B	0.02%
PODD	C	0.02%
HEI	A	0.02%
DASH	B	0.02%
CTLT	C	0.02%
BAX	F	0.02%
VRT	B	0.02%
MAR	A	0.02%
SNOW	B	0.02%
ODFL	C	0.02%
DLTR	F	0.02%
HLT	A	0.02%
ROP	B	0.02%
LH	B	0.02%
POOL	C	0.02%
CSGP	D	0.02%
MMM	D	0.02%
SQ	A	0.02%
TGT	F	0.02%
SMCI	F	0.01%
EXAS	D	0.01%
SWKS	F	0.01%
MTCH	D	0.01%
BBWI	C	0.01%
WYNN	C	0.01%
STLD	B	0.01%
RIVN	F	0.01%
SUI	C	0.01%
NXPI	D	0.01%
JKHY	D	0.01%
TECH	F	0.01%
BIO	C	0.01%
SNAP	D	0.01%
ALB	B	0.01%
C	A	0.01%
PAYC	B	0.01%
EPAM	B	0.01%
KVUE	A	0.01%
MAS	D	0.01%
CLX	A	0.01%
DOC	C	0.01%
MKC	C	0.01%
MRNA	F	0.01%
MKTX	D	0.01%
SQ	A	0.01%
FDS	B	0.01%
TRU	D	0.01%
EA	A	0.01%
NBIX	C	0.01%
IPG	D	0.01%
PINS	F	0.01%
WPC	C	0.01%
INCY	C	0.01%
VRSN	C	0.01%
QFIN	A	0.01%
DOCU	B	0.01%

NZAC Underweight 137 Positions Relative to DFAX

Symbol	Grade	Weight
TSM	B	-0.8%
TM	F	-0.61%
ASML	F	-0.38%
BP	D	-0.26%
HSBC	A	-0.2%
UL	D	-0.2%
BHP	F	-0.17%
IBN	C	-0.16%
STLA	F	-0.15%
BBVA	D	-0.12%
YUMC	C	-0.12%
E	F	-0.12%
SMFG	B	-0.11%
RIO	D	-0.11%
GSK	F	-0.11%
CNI	F	-0.1%
VALE	F	-0.09%
FLUT	A	-0.09%
LOGI	D	-0.08%
NVO	F	-0.08%
RELX	D	-0.08%
MFG	A	-0.07%
NMR	B	-0.07%
HMY	D	-0.06%
GFI	D	-0.06%
ERJ	A	-0.06%
UMC	F	-0.06%
STM	F	-0.06%
SHG	C	-0.05%
VIPS	F	-0.05%
RDY	F	-0.05%
NTES	D	-0.05%
HMC	F	-0.05%
PHG	C	-0.05%
ERJ	A	-0.05%
GOLD	C	-0.04%
WCN	A	-0.04%
RBA	A	-0.04%
WFG	C	-0.04%
BILI	D	-0.03%
PAC	B	-0.03%
IBN	C	-0.03%
AEI	D	-0.03%
UL	D	-0.03%
AGCO	D	-0.03%
VALE	F	-0.03%
OTEX	F	-0.03%
TME	D	-0.03%
TM	F	-0.03%
WPP	C	-0.03%
NGG	D	-0.03%
MT	B	-0.03%
HMC	F	-0.03%
ZTO	F	-0.02%
LPL	D	-0.02%
ASR	D	-0.02%
BTI	B	-0.02%
TAC	A	-0.02%
SBSW	D	-0.02%
PKX	D	-0.02%
VIST	B	-0.02%
CAR	C	-0.02%
NMR	B	-0.02%
PSO	B	-0.02%
ING	F	-0.02%
LSPD	C	-0.02%
HLN	C	-0.02%
GGB	C	-0.02%
SAN	D	-0.02%
TS	B	-0.02%
GDS	C	-0.02%
IHG	A	-0.02%
MNTX	B	-0.01%
TLRY	F	-0.01%
LPL	D	-0.01%
SQM	D	-0.01%
SBS	B	-0.01%
ELBM	D	-0.01%
BUD	F	-0.01%
TEF	C	-0.01%
EQNR	C	-0.01%
CSAN	F	-0.01%
DOOO	F	-0.01%
SGRP	D	-0.01%
ASTL	B	-0.01%
CHT	C	-0.01%
ORLA	C	-0.01%
BBD	D	-0.01%
TTE	F	-0.01%
SKM	C	-0.01%
PRMW	C	-0.01%
JKS	F	-0.01%
PDS	C	-0.01%
SHG	C	-0.01%
PIXY	F	-0.01%
TRMD	F	-0.01%
ASX	D	-0.01%
BAP	A	-0.01%
TCI	D	-0.01%
IQ	F	-0.01%
HTHT	D	-0.01%
GOGL	F	-0.01%
BRFS	C	-0.01%
GGB	C	-0.01%
FRO	D	-0.01%
NWG	A	-0.01%
WDS	D	-0.01%
CLF	F	-0.0%
SAP	B	-0.0%
AUDC	D	-0.0%
VNET	B	-0.0%
RENB	F	-0.0%
BLCO	B	-0.0%
FMX	F	-0.0%
SNN	D	-0.0%
JHX	D	-0.0%
ARGX	B	-0.0%
UGP	F	-0.0%
SBSW	D	-0.0%
NICE	D	-0.0%
CCU	D	-0.0%
SNY	F	-0.0%
ECO	F	-0.0%
TLK	D	-0.0%
CHGX	A	-0.0%
BGNE	D	-0.0%
BGNE	D	-0.0%
CSAN	F	-0.0%
CHT	C	-0.0%
FLNG	C	-0.0%
MGIC	D	-0.0%
ABEV	F	-0.0%
KOF	F	-0.0%
SMFG	B	-0.0%
SID	F	-0.0%
IMOS	F	-0.0%
KEP	B	-0.0%