NZAC vs. JPST ETF Comparison

Comparison of SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) to JPMorgan Ultra-Short Income ETF (JPST)

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

$37.32

Average Daily Volume

6,937

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.52

Average Daily Volume

5,193,763

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	NZAC	JPST
30 Days	0.97%	0.31%
60 Days	0.81%	0.48%
90 Days	2.64%	1.11%
12 Months	25.98%	6.00%

51 Overlapping Holdings

Symbol	Grade	Weight in NZAC	Weight in JPST	Overlap
AAPL	C	4.47%	0.12%	0.12%
ABBV	D	0.34%	0.04%	0.04%
ABBV	D	0.6%	0.04%	0.04%
ABT	B	0.19%	0.01%	0.01%
AIG	B	0.14%	0.01%	0.01%
AXP	A	0.36%	0.01%	0.01%
AZN	D	0.03%	0.57%	0.03%
AZO	C	0.1%	0.02%	0.02%
BAC	A	0.44%	0.01%	0.01%
BK	A	0.13%	0.01%	0.01%
BMY	B	0.24%	0.01%	0.01%
BX	A	0.19%	0.07%	0.07%
C	A	0.01%	0.01%	0.01%
CCEP	C	0.03%	0.3%	0.03%
CHD	B	0.1%	0.03%	0.03%
COF	B	0.14%	0.04%	0.04%
DE	A	0.14%	0.01%	0.01%
DHR	F	0.19%	0.01%	0.01%
DIS	B	0.29%	0.02%	0.02%
EQH	B	0.1%	0.35%	0.1%
ETN	A	0.28%	0.02%	0.02%
GILD	C	0.06%	0.13%	0.06%
GS	A	0.06%	0.01%	0.01%
HBAN	A	0.02%	0.01%	0.01%
HUM	C	0.06%	0.09%	0.06%
IBM	C	0.6%	0.01%	0.01%
ICE	C	0.13%	0.01%	0.01%
KDP	D	0.08%	0.31%	0.08%
KKR	A	0.13%	0.04%	0.04%
MCD	D	0.36%	0.29%	0.29%
MCO	B	0.22%	0.01%	0.01%
MET	A	0.21%	0.01%	0.01%
MMM	D	0.02%	0.01%	0.01%
MS	A	0.26%	0.05%	0.05%
MUFG	B	0.08%	0.01%	0.01%
NEM	D	0.08%	0.08%	0.08%
ORCL	B	0.59%	0.04%	0.04%
PFE	D	0.19%	0.01%	0.01%
PNC	B	0.19%	0.01%	0.01%
ROP	B	0.02%	0.03%	0.02%
SBUX	A	0.15%	0.06%	0.06%
SCHW	B	0.19%	0.01%	0.01%
STT	A	0.02%	0.08%	0.02%
T	A	0.18%	0.14%	0.14%
TD	F	0.19%	0.01%	0.01%
TDY	B	0.1%	0.22%	0.1%
TMO	F	0.32%	0.74%	0.32%
UNH	C	0.77%	0.01%	0.01%
USB	A	0.12%	0.01%	0.01%
VZ	C	0.21%	0.16%	0.16%
WFC	A	0.25%	0.11%	0.11%

NZAC Overweight 319 Positions Relative to JPST

Symbol	Grade	Weight
NVDA	C	4.67%
MSFT	F	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%
V	A	0.75%
MA	C	0.65%
JNJ	D	0.62%
HD	A	0.58%
SHW	A	0.56%
NFLX	A	0.49%
MRK	F	0.47%
ADI	D	0.46%
CRM	B	0.42%
NVS	D	0.41%
CSCO	B	0.4%
ACN	C	0.39%
NOW	A	0.39%
BRK.A	B	0.39%
DLR	B	0.39%
SPGI	C	0.38%
ACM	A	0.36%
XYL	D	0.36%
TJX	A	0.36%
WMT	A	0.35%
ADBE	C	0.35%
EQIX	A	0.33%
ITW	B	0.33%
BSX	B	0.31%
ISRG	A	0.31%
INTU	C	0.31%
AFL	B	0.28%
TXN	C	0.27%
MSI	B	0.27%
AMD	F	0.27%
BLK	C	0.27%
QCOM	F	0.26%
SYK	C	0.25%
LOW	D	0.25%
CMCSA	B	0.25%
PH	A	0.25%
BKNG	A	0.24%
CB	C	0.24%
PWR	A	0.24%
BABA	D	0.24%
MDT	D	0.23%
PNR	A	0.23%
PGR	A	0.22%
AMGN	D	0.21%
GWW	B	0.21%
PLD	D	0.21%
UNP	C	0.21%
MMC	B	0.2%
ADP	B	0.2%
GLW	B	0.19%
FI	A	0.18%
CBRE	B	0.18%
INTC	D	0.18%
FFIV	B	0.18%
ORLY	B	0.18%
UBER	D	0.17%
FAST	B	0.17%
SONY	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	D	0.15%
PRU	A	0.15%
WELL	A	0.15%
SPG	B	0.15%
TRV	B	0.15%
EBAY	D	0.14%
HDB	C	0.14%
ALL	A	0.14%
VRTX	F	0.14%
PANW	C	0.14%
MELI	D	0.14%
TDG	D	0.13%
PYPL	B	0.13%
TMUS	B	0.13%
CDW	F	0.13%
JNPR	F	0.13%
AMAT	F	0.12%
SHOP	B	0.12%
AVB	B	0.12%
ACGL	D	0.12%
HIG	B	0.12%
MRVL	B	0.12%
CME	A	0.12%
PPG	F	0.11%
AMT	D	0.11%
AON	A	0.11%
EW	C	0.11%
BDX	F	0.11%
LI	F	0.11%
PSA	D	0.11%
APH	A	0.11%
INFY	B	0.11%
NKE	D	0.11%
MTB	A	0.1%
ESS	B	0.1%
WM	A	0.1%
LRCX	F	0.1%
REGN	F	0.1%
IQV	D	0.1%
DEO	F	0.1%
FTNT	C	0.09%
AIZ	A	0.09%
SYF	B	0.09%
MU	D	0.09%
ADSK	A	0.09%
ROST	C	0.09%
DFS	B	0.09%
ALLE	D	0.09%
CSX	B	0.09%
FTV	C	0.09%
SCCO	F	0.08%
PDD	F	0.08%
GRMN	B	0.08%
CTSH	B	0.08%
REG	B	0.08%
PAYX	C	0.08%
LULU	C	0.08%
GIS	D	0.08%
WAB	B	0.08%
RS	B	0.08%
ROK	B	0.08%
BR	A	0.08%
O	D	0.07%
FIS	C	0.07%
CINF	A	0.07%
BXP	D	0.07%
RVTY	F	0.07%
UPS	C	0.07%
TRMB	B	0.07%
PLTR	B	0.07%
CCI	D	0.07%
RF	A	0.07%
HSBH	B	0.07%
CMG	B	0.07%
WRB	A	0.07%
EQR	B	0.07%
AJG	B	0.07%
MKL	A	0.07%
AFG	A	0.07%
WIT	A	0.07%
WTW	B	0.07%
RMD	C	0.07%
CHTR	C	0.07%
LIN	D	0.07%
YUM	B	0.07%
A	D	0.06%
VTR	C	0.06%
NTAP	C	0.06%
DHI	D	0.06%
IRM	D	0.06%
MTD	D	0.06%
TCOM	B	0.06%
ECL	D	0.06%
PCAR	B	0.06%
LEN	D	0.06%
ANET	C	0.06%
AXON	A	0.06%
IDXX	F	0.06%
KEYS	A	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	B	0.05%
TTD	B	0.05%
HSY	F	0.05%
ULTA	F	0.05%
HSIC	B	0.05%
ENPH	F	0.05%
BRO	B	0.05%
COIN	C	0.04%
ILMN	D	0.04%
RJF	A	0.04%
CEG	D	0.04%
DXCM	D	0.04%
NSC	B	0.04%
FOXA	B	0.04%
UHAL	D	0.04%
CTAS	B	0.04%
BCS	C	0.04%
PHM	D	0.04%
XPEV	C	0.04%
CPRT	A	0.04%
NDAQ	A	0.04%
EXR	D	0.04%
IEX	B	0.04%
BAH	F	0.03%
ALGN	D	0.03%
EFX	F	0.03%
WDAY	B	0.03%
STE	F	0.03%
NVR	D	0.03%
VICI	C	0.03%
MNST	C	0.03%
AVTR	F	0.03%
XRX	F	0.03%
VLTO	D	0.03%
EG	C	0.03%
SBAC	D	0.03%
VEEV	C	0.03%
CARR	D	0.03%
LKQ	D	0.03%
ERIE	D	0.03%
GDDY	A	0.03%
BIIB	F	0.03%
OMC	C	0.03%
IT	C	0.03%
CBOE	B	0.03%
FOX	A	0.03%
EL	F	0.03%
ALNY	D	0.03%
BIDU	F	0.03%
BURL	A	0.03%
TER	D	0.03%
STZ	D	0.03%
Z	A	0.02%
CG	A	0.02%
NIO	F	0.02%
ANSS	B	0.02%
ALLY	C	0.02%
VMC	B	0.02%
BMRN	D	0.02%
TW	A	0.02%
RPRX	D	0.02%
TFX	F	0.02%
MOH	F	0.02%
ROL	B	0.02%
CRWD	B	0.02%
SNA	A	0.02%
WST	C	0.02%
TT	A	0.02%
WAT	B	0.02%
MSTR	C	0.02%
DGX	A	0.02%
SEIC	B	0.02%
ZM	B	0.02%
ZBRA	B	0.02%
PODD	C	0.02%
HEI	B	0.02%
DASH	A	0.02%
BCH	F	0.02%
ASAI	F	0.02%
CTLT	B	0.02%
BAX	D	0.02%
VRT	B	0.02%
MAR	B	0.02%
SNOW	C	0.02%
ODFL	B	0.02%
DLTR	F	0.02%
HLT	A	0.02%
LH	C	0.02%
POOL	C	0.02%
CSGP	D	0.02%
SQ	B	0.02%
TGT	F	0.02%
MBAVU	D	0.01%
SMCI	F	0.01%
QGEN	D	0.01%
EXAS	D	0.01%
SWKS	F	0.01%
MTCH	D	0.01%
BBWI	D	0.01%
WYNN	D	0.01%
STLD	B	0.01%
RIVN	F	0.01%
SUI	D	0.01%
NXPI	D	0.01%
JKHY	D	0.01%
TECH	D	0.01%
BIO	D	0.01%
SNAP	C	0.01%
ALB	C	0.01%
PAYC	B	0.01%
EPAM	C	0.01%
KVUE	A	0.01%
MAS	D	0.01%
CLX	B	0.01%
DOC	D	0.01%
MKC	D	0.01%
MRNA	F	0.01%
MKTX	D	0.01%
SQ	B	0.01%
FDS	B	0.01%
TRU	D	0.01%
EA	A	0.01%
NBIX	C	0.01%
IPG	D	0.01%
PINS	D	0.01%
KB	B	0.01%
WPC	D	0.01%
INCY	C	0.01%
VRSN	F	0.01%
QFIN	B	0.01%
DOCU	A	0.01%
LYG	F	0.01%
TEVA	D	0.01%
NIO	F	0.0%
WIT	A	0.0%

NZAC Underweight 61 Positions Relative to JPST

Symbol	Grade	Weight
CASH	A	-2.2%
ATO	A	-0.3%
LDOS	C	-0.26%
BXMT	C	-0.25%
SNX	C	-0.23%
HART	D	-0.19%
BA	F	-0.18%
D	C	-0.17%
OGS	A	-0.17%
ETR	B	-0.16%
CNP	B	-0.14%
DB	D	-0.13%
CAG	D	-0.13%
SO	D	-0.11%
VTRS	A	-0.1%
GM	B	-0.1%
FITB	A	-0.1%
WEC	A	-0.09%
MLM	B	-0.09%
JBHT	C	-0.09%
IFF	D	-0.08%
DT	C	-0.08%
CI	F	-0.08%
DUK	C	-0.08%
KR	B	-0.07%
CFG	B	-0.07%
HSBC	B	-0.07%
BG	F	-0.06%
ACR	A	-0.06%
SEB	F	-0.06%
XOM	B	-0.06%
AEP	D	-0.05%
AL	B	-0.05%
BHF	B	-0.04%
MDLZ	F	-0.04%
PL	A	-0.04%
ARES	A	-0.03%
R	B	-0.03%
NEE	D	-0.03%
BCC	B	-0.03%
BMO	A	-0.03%
HON	B	-0.02%
WLK	D	-0.02%
MSC	C	-0.02%
GSK	F	-0.02%
AER	B	-0.02%
BNS	A	-0.02%
EPD	A	-0.01%
CSL	C	-0.01%
PSX	C	-0.01%
CAT	B	-0.01%
PM	B	-0.01%
ES	D	-0.01%
JXN	C	-0.01%
UBS	C	-0.01%
RY	A	-0.01%
TFC	A	-0.01%
KEY	B	-0.01%
NWG	C	-0.01%
PFG	D	-0.01%
CM	A	-0.01%