Fossil fuel companiesare fueling the climate crisis.


SPDR® MSCI ACWI Climate Paris Aligned ETF

Shareclass
SPDR® MSCI ACWI Climate Paris AlignedETF (NZAC)
Type
Exchange-traded fund
Sustainability mandate
Fossil fuel exposure of 1.7% with investments in top 200 carbon reserve owners and/or top 30 coal-fired utilities places the fund in the C tier.

Methodology
C
Investments in major fossil fuel companies
Berkshire Hathaway Inc Class B
Macroclimate 30Top 30 coal-fired power
$384,017
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
No direct stock holdings
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
No direct stock holdings
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
7
holdings
$680,823
invested
0.62%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
1
holdings
$384,017
invested
0.35%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
2
holdings
$1.18M
invested
1.08%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
9 holdings
9 holdings
  • 1. Edison International
    Fossil-fired utility
    $797,398
    0.73%
  • 2. Berkshire Hathaway Inc Class B
    Macroclimate 30Fossil-fired utility
    $384,017
    0.35%
  • 3. Partners Group Holding AG
    Oil/gas industry
    $242,112
    0.22%
  • 4. Blackstone Inc
    Oil/gas industry
    $164,632
    0.15%
  • 5. KKR & Co Inc Ordinary Shares
    Oil/gas industry
    $102,387
    0.09%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
SPDR® MSCI ACWI Climate Paris Aligned ETF $NZAC is 1.7% ($1.86 MILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on NZAC at Morningstar.com
Current fund
NZAC
SPDR® MSCI ACWI Climate Paris Aligned ETF
Family
State Street
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 5-yr returns 
-0.05% less in annualized returns
Less invested in fossil fuels 
7.62% less invested
Lower fossil finance risk score 
4 points lower
Lower fossil insurance risk score 
2 points lower
More invested in Clean200 
4.67% more invested
Current fund
NZAC
SPDR® MSCI ACWI Climate Paris Aligned ETF
Family
State Street
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 5-yr returns 
-0.05% less in annualized returns
Less invested in fossil fuels 
7.62% less invested
Lower fossil finance risk score 
4 points lower
Lower fossil insurance risk score 
2 points lower
More invested in Clean200 
4.67% more invested
Current fund
NZAC
SPDR® MSCI ACWI Climate Paris Aligned ETF
Family
State Street
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 5-yr returns 
-0.05% less in annualized returns
Less invested in fossil fuels 
7.62% less invested
Lower fossil finance risk score 
4 points lower
Lower fossil insurance risk score 
2 points lower
More invested in Clean200 
4.67% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
NZAC - SPDR® MSCI ACWI Climate Paris Aligned ETF
23%
6.27%
10%
/
1.7% 
Benchmark
ACWI - iShares MSCI ACWI ETF
23%
6.8%
11%
8.54%
9.32% 
Fund compared to benchmark
 
-0.36%
-0.53%
-0.05%
/
7.62%  lower
Find more financial data on NZAC at Morningstar.com
What's next?
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