NZAC vs. QEMM ETF Comparison

Comparison of SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) to SPDR MSCI Emerging Markets Quality Mix ETF (QEMM)

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

$36.46

Average Daily Volume

14,045

Number of Holdings ^*

366

* may have additional holdings in another (foreign) market

QEMM

SPDR MSCI Emerging Markets Quality Mix ETF

QEMM Description

The investment seeks to track the performance of the MSCI Emerging Markets (EM) Quality Mix Index. The index captures large- and mid-cap representation across 23 emerging markets countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$59.74

Average Daily Volume

2,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NZAC	QEMM
30 Days	2.50%	-0.64%
60 Days	3.55%	0.45%
90 Days	5.01%	1.85%
12 Months	25.48%	12.68%

18 Overlapping Holdings

Symbol	Grade	Weight in NZAC	Weight in QEMM	Overlap
ASAI	F	0.02%	0.02%	0.02%
BABA	C	0.23%	0.67%	0.23%
BABA	C	0.23%	0.03%	0.03%
BCH	B	0.02%	0.02%	0.02%
BIDU	F	0.03%	0.09%	0.03%
HDB	C	0.14%	0.25%	0.14%
INFY	B	0.13%	1.16%	0.13%
KB	D	0.01%	0.19%	0.01%
KB	D	0.01%	0.08%	0.01%
LI	F	0.09%	0.02%	0.02%
NIO	C	0.02%	0.0%	0.0%
PDD	F	0.06%	1.14%	0.06%
QFIN	C	0.01%	0.1%	0.01%
SCCO	D	0.07%	0.25%	0.07%
TCOM	C	0.05%	0.05%	0.05%
WIT	C	0.0%	0.24%	0.0%
WIT	C	0.07%	0.24%	0.07%
XPEV	D	0.03%	0.01%	0.01%

NZAC Overweight 350 Positions Relative to QEMM

Symbol	Grade	Weight
AAPL	D	4.53%
MSFT	C	4.1%
NVDA	D	3.61%
AMZN	C	2.1%
META	B	1.54%
GOOG	D	1.36%
LLY	C	1.23%
AVGO	C	1.06%
JPM	D	1.01%
GOOGL	D	0.97%
TSLA	C	0.93%
EIX	B	0.88%
UNH	C	0.81%
V	A	0.7%
JNJ	B	0.69%
ABBV	B	0.62%
MA	A	0.62%
IBM	A	0.61%
MRK	D	0.58%
SHW	A	0.56%
HD	B	0.54%
ADI	D	0.52%
NVS	B	0.49%
ORCL	B	0.47%
ABBV	B	0.42%
NFLX	B	0.42%
ADBE	D	0.42%
BRK.A	C	0.41%
SPGI	A	0.4%
ACN	C	0.39%
BAC	D	0.39%
TMO	B	0.39%
XYL	D	0.39%
MCD	B	0.37%
TJX	B	0.37%
CSCO	C	0.36%
DLR	A	0.34%
AXP	B	0.33%
CRM	D	0.33%
ACM	B	0.33%
NOW	B	0.33%
WMT	B	0.33%
ITW	B	0.31%
EQIX	B	0.31%
BSX	B	0.3%
AFL	B	0.29%
ISRG	B	0.29%
AMD	D	0.29%
INTU	C	0.29%
TXN	D	0.28%
QCOM	D	0.28%
MSI	B	0.25%
CB	B	0.25%
PLD	B	0.25%
AMGN	B	0.25%
MCO	B	0.24%
ETN	C	0.24%
LOW	B	0.24%
SYK	B	0.24%
BLK	A	0.24%
UNP	B	0.24%
ELV	B	0.24%
MDT	B	0.24%
PGR	B	0.23%
DHR	B	0.23%
DIS	D	0.23%
CMCSA	D	0.23%
PH	B	0.22%
BMY	C	0.22%
PFE	C	0.22%
TD	A	0.21%
MET	B	0.21%
MMC	A	0.21%
VZ	A	0.21%
PWR	C	0.2%
ABT	B	0.2%
MS	D	0.2%
WFC	F	0.2%
FSLR	D	0.19%
PNR	A	0.19%
ADP	A	0.19%
ORLY	B	0.18%
GWW	B	0.18%
GLW	C	0.18%
ZTS	B	0.18%
KLAC	D	0.18%
BKNG	B	0.18%
CDW	D	0.17%
UBER	C	0.17%
T	A	0.17%
PNC	B	0.17%
SONY	C	0.17%
MELI	B	0.16%
FFIV	A	0.16%
REGN	C	0.16%
CBRE	B	0.16%
SBUX	C	0.15%
AME	D	0.15%
JNPR	B	0.15%
INTC	F	0.15%
AIG	D	0.15%
VRTX	C	0.15%
BX	A	0.15%
SCHW	D	0.15%
ICE	B	0.14%
IQV	C	0.14%
ALL	A	0.14%
TDG	B	0.14%
FAST	C	0.14%
ACGL	A	0.14%
TRV	A	0.14%
WELL	B	0.14%
DE	B	0.14%
PRU	C	0.14%
HPE	F	0.14%
SPG	B	0.14%
HIG	B	0.13%
AMT	B	0.13%
AMP	B	0.13%
AMAT	D	0.13%
PANW	C	0.13%
EBAY	A	0.13%
PSA	A	0.12%
BDX	D	0.12%
DEO	C	0.12%
USB	C	0.12%
APO	C	0.12%
CME	B	0.12%
NKE	D	0.12%
AVB	B	0.12%
NEM	B	0.11%
TEL	D	0.11%
COF	D	0.11%
PPG	C	0.11%
PYPL	B	0.11%
LRCX	F	0.11%
EW	D	0.11%
BK	A	0.11%
TMUS	A	0.11%
WM	D	0.1%
TDY	B	0.1%
ESS	A	0.1%
GIS	B	0.1%
ROST	C	0.1%
CHD	B	0.1%
APH	D	0.1%
AZO	C	0.1%
AON	B	0.1%
MRVL	C	0.1%
KKR	B	0.1%
ENPH	D	0.1%
HUM	F	0.09%
EQH	C	0.09%
ALLE	A	0.09%
FTV	C	0.09%
KDP	B	0.09%
CSX	D	0.09%
O	B	0.08%
AJG	A	0.08%
RS	D	0.08%
EQR	B	0.08%
PAYX	B	0.08%
MTB	B	0.08%
ROK	D	0.08%
YUM	B	0.08%
CCI	B	0.08%
ADSK	B	0.08%
RMD	B	0.08%
AIZ	C	0.08%
REG	B	0.08%
SHOP	C	0.08%
BR	B	0.08%
CTSH	B	0.08%
LIN	B	0.08%
MU	F	0.08%
CHTR	D	0.07%
BXP	A	0.07%
KEYS	C	0.07%
LEN	B	0.07%
MKL	C	0.07%
DHI	B	0.07%
CMG	C	0.07%
LULU	D	0.07%
UPS	D	0.07%
SYF	D	0.07%
MTD	D	0.07%
GRMN	D	0.07%
WTW	B	0.07%
FTNT	B	0.07%
DFS	C	0.07%
AFG	B	0.07%
WAB	B	0.07%
IDXX	C	0.07%
WRB	C	0.07%
MUFG	D	0.07%
ANET	C	0.06%
TRMB	C	0.06%
VTR	B	0.06%
GILD	B	0.06%
IRM	A	0.06%
NTAP	D	0.06%
HSY	B	0.06%
RF	C	0.06%
A	C	0.06%
ECL	A	0.06%
CINF	B	0.06%
FIS	A	0.06%
GPN	C	0.05%
VRSK	D	0.05%
EXR	A	0.05%
EL	F	0.05%
ZBH	D	0.05%
HOLX	B	0.05%
GS	D	0.05%
ULTA	D	0.05%
PCAR	D	0.05%
HSIC	D	0.05%
BRO	B	0.05%
ILMN	C	0.04%
ALNY	C	0.04%
BCS	B	0.04%
CTAS	B	0.04%
STZ	C	0.04%
AZN	D	0.04%
NSC	C	0.04%
AXON	A	0.04%
ERIE	B	0.04%
NTRS	B	0.04%
CPRT	F	0.04%
NDAQ	B	0.04%
CPAY	C	0.04%
IEX	D	0.04%
PHM	B	0.04%
ABNB	D	0.04%
BIIB	F	0.04%
TER	D	0.04%
URI	C	0.04%
TROW	D	0.04%
UHAL	B	0.04%
TTD	B	0.04%
TGT	C	0.03%
MMM	A	0.03%
ALGN	D	0.03%
WDAY	D	0.03%
MNST	C	0.03%
BAX	C	0.03%
GDDY	D	0.03%
BAH	B	0.03%
RJF	C	0.03%
CSGP	D	0.03%
CARR	A	0.03%
VICI	B	0.03%
FOX	C	0.03%
STE	B	0.03%
CEG	C	0.03%
NVR	B	0.03%
IT	B	0.03%
CCEP	B	0.03%
VLTO	B	0.03%
VEEV	C	0.03%
EG	B	0.03%
EFX	B	0.03%
SBAC	B	0.03%
PLTR	B	0.03%
BURL	B	0.03%
OMC	B	0.03%
LKQ	D	0.03%
LYV	C	0.03%
CBOE	B	0.03%
AVTR	B	0.03%
FOXA	C	0.03%
DXCM	F	0.03%
TW	A	0.02%
WPC	B	0.02%
IPG	C	0.02%
LYG	B	0.02%
DASH	C	0.02%
TT	A	0.02%
STT	B	0.02%
HBAN	B	0.02%
SEIC	C	0.02%
PODD	B	0.02%
TEVA	C	0.02%
ZM	C	0.02%
ZBRA	C	0.02%
ROL	B	0.02%
SMCI	F	0.02%
WAT	C	0.02%
WST	F	0.02%
ALLY	F	0.02%
MAR	D	0.02%
RPRX	C	0.02%
COIN	F	0.02%
SQ	D	0.02%
DGX	B	0.02%
MOH	C	0.02%
HEI	A	0.02%
SNOW	F	0.02%
HLT	B	0.02%
ODFL	D	0.02%
TFX	B	0.02%
BMRN	F	0.02%
CTLT	B	0.02%
POOL	C	0.02%
DLTR	F	0.02%
MRNA	F	0.02%
XRX	F	0.02%
ROP	B	0.02%
MSTR	D	0.01%
WYNN	D	0.01%
STLD	F	0.01%
BBWI	F	0.01%
MBAVU	C	0.01%
PAYC	D	0.01%
QGEN	B	0.01%
ALB	D	0.01%
SNAP	F	0.01%
SQ	D	0.01%
EPAM	D	0.01%
EXAS	C	0.01%
C	D	0.01%
MTCH	C	0.01%
JKHY	A	0.01%
NXPI	F	0.01%
SWKS	F	0.01%
SUI	B	0.01%
DOCU	C	0.01%
TECH	D	0.01%
FDS	C	0.01%
KVUE	B	0.01%
MKTX	C	0.01%
Z	B	0.01%
EA	C	0.01%
CLX	B	0.01%
INCY	C	0.01%
BIO	C	0.01%
MAS	B	0.01%
CG	D	0.01%
RIVN	F	0.01%
TRU	A	0.01%
DOC	B	0.01%
NBIX	D	0.01%
VMC	D	0.01%
MKC	B	0.01%
CRWD	D	0.01%
SNA	B	0.01%
VRT	C	0.01%
ANSS	D	0.01%
VRSN	D	0.01%
PINS	F	0.01%

NZAC Underweight 43 Positions Relative to QEMM

Symbol	Grade	Weight
VALE	D	-1.22%
CHT	A	-0.51%
ABEV	C	-0.3%
SHG	C	-0.24%
BAP	B	-0.22%
RDY	D	-0.19%
SKM	A	-0.19%
PBR	C	-0.17%
ITUB	B	-0.17%
VIPS	F	-0.16%
IBN	B	-0.15%
IBN	B	-0.14%
UMC	B	-0.12%
PKX	D	-0.11%
BVN	D	-0.1%
KEP	C	-0.09%
KT	B	-0.08%
LEGN	F	-0.07%
KEP	C	-0.06%
YUMC	D	-0.06%
GGB	C	-0.05%
VALE	D	-0.04%
CSAN	F	-0.03%
LPL	D	-0.03%
UGP	D	-0.03%
SUZ	F	-0.03%
SBS	B	-0.03%
SHG	C	-0.03%
SBSW	F	-0.03%
CIB	D	-0.02%
VIV	C	-0.02%
LPL	D	-0.02%
TME	F	-0.02%
SID	D	-0.02%
ABEV	C	-0.02%
ATHM	C	-0.01%
SQM	D	-0.01%
BGNE	C	-0.01%
BSAC	B	-0.01%
BEKE	F	-0.01%
CIG	B	-0.01%
IQ	F	-0.0%
ENIC	D	-0.0%