NZAC holdings and overlap
State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) holds 610 positions in its SPDR file of 2026-10-27. Its three largest are Nvidia (NVDA) at 6.22%, Apple (AAPL) at 5.57% and Microsoft (MSFT) at 4.18%, and its ten largest make up 28.7% of the fund.
In its SPDR file of 2026-10-27, NZAC is 35.3% technology, 14.9% financials and 9.3% health care by sector (no sector found for 6.2%), with 26.9% in mega-cap tech and 26.9% in the ten largest US companies by market value. By country, 65.2% of NZAC is in the United States, 4.3% in Canada, 3.4% in Japan and 3.1% in Taiwan.
What does NZAC hold, as of its issuer file of 2026-10-27?
Nvidia is 6.22% of NZAC on its own, against a median largest position of 5.0% across the 14 Global Large Blend funds with a page here. 154 of the 594 funds with a page hold NVDA, and NZAC gives it more weight than all but 83 of them.
| Rank | Company | Weight | Weight bar |
|---|---|---|---|
| 1 | NVDA Nvidia | 6.22% | |
| 2 | AAPL Apple | 5.57% | |
| 3 | MSFT Microsoft | 4.18% | |
| 4 | AMZN Amazon | 2.49% | |
| 5 | GOOG Alphabet Class C | 2.13% | |
| 6 | 2330.TW Taiwan Semiconductor Manufac | 1.86% | |
| 7 | TSLA Tesla | 1.73% | |
| 8 | AVGO Broadcom | 1.68% | |
| 9 | META Meta Platforms | 1.46% | |
| 10 | GOOGL Alphabet Class A | 1.42% | |
| 11 | AMD Advanced Micro Devices | 1.38% | |
| 12 | LLY Eli Lilly | 1.28% | |
| 13 | JPM JPMorgan Chase | 1.2% | |
| 14 | DLR Digital Realty | 1.15% | |
| 15 | MRVL Marvell Technology | 1.12% | |
| 16 | EQIX Equinix | 0.95% | |
| 17 | JNJ Johnson & Johnson | 0.87% | |
| 18 | V Visa | 0.78% | |
| 19 | ADI Analog Devices | 0.77% | |
| 20 | MU Micron Technology | 0.72% | |
| 21 | SAP.DE SAP SE | 0.68% | |
| 22 | RY Royal Bank Of Canada | 0.66% | |
| 23 | CSCO Cisco | 0.63% | |
| 24 | SU.FR Schneider Electric SE | 0.63% | |
| 25 | ASML.NL ASML Holding NV | 0.61% | |
| 26 | MA Mastercard | 0.61% | |
| 27 | IBM IBM | 0.59% | |
| 28 | SHW Sherwin-Williams | 0.58% | |
| 29 | MRK Merck | 0.56% | |
| 30 | INTC Intel | 0.55% | |
| 31 | FER.ES Ferrovial NV | 0.5% | |
| 32 | NOVN.CH Novartis AG | 0.5% | |
| 33 | NOW ServiceNow | 0.5% | |
| 34 | ABBV AbbVie | 0.47% | |
| 35 | WPM Wheaton Precious Metals | 0.44% | |
| 36 | XYL Xylem | 0.44% | |
| 37 | EIX Edison International | 0.44% | |
| 38 | 9020.JP East Japan Railway Co | 0.43% | |
| 39 | 000660.KR SK Hynix Inc | 0.43% | |
| 40 | TCL.AU Transurban Group | 0.41% | |
| 41 | PLTR Palantir Technologies | 0.41% | |
| 42 | CRM Salesforce | 0.4% | |
| 43 | ROP.CH Roche Holding AG | 0.4% | |
| 44 | BAC Bank of America | 0.38% | |
| 45 | ABBN.CH ABB Ltd | 0.38% | |
| 46 | 9022.JP Central Japan Railway Co | 0.36% | |
| 47 | RPRX Royalty Pharma | 0.36% | |
| 48 | 700.HK Tencent Holdings Ltd | 0.35% | |
| 49 | TMO Thermo Fisher Scientific | 0.35% | |
| 50 | TJX TJX Companies | 0.34% | |
| 51 | VWS.DK Vestas Wind Systems A/S | 0.34% | |
| 52 | ORCL Oracle | 0.34% | |
| 53 | TXN Texas Instruments | 0.34% | |
| 54 | TD Toronto Dominion Bank | 0.34% | |
| 55 | FFIV F5 | 0.33% | |
| 56 | AWK American Water Works | 0.32% | |
| 57 | FSLR First Solar | 0.32% | |
| 58 | AXP American Express | 0.32% | |
| 59 | HD Home Depot | 0.32% | |
| 60 | 2308.TW Delta Electronics Inc | 0.31% | |
| 61 | AZN.GB Astrazeneca PLC | 0.31% | |
| 62 | NFLX Netflix | 0.3% | |
| 63 | MS Morgan Stanley | 0.3% | |
| 64 | KLAC KLA | 0.3% | |
| 65 | TRN.IT Terna Rete Elettrica Naziona | 0.3% | |
| 66 | PWR Quanta Services | 0.29% | |
| 67 | 005930.KR Samsung Electronics Co Ltd | 0.29% | |
| 68 | SGRO.GB Segro PLC | 0.29% | |
| 69 | UU.GB United Utilities Group PLC | 0.29% | |
| 70 | LRCX Lam Research | 0.28% | |
| 71 | SPGI S&P Global | 0.28% | |
| 72 | NDAFI.FI Nordea Bank Abp | 0.27% | |
| 73 | EXC Exelon | 0.27% | |
| 74 | AMGN Amgen | 0.27% | |
| 75 | VMRK Vivmark Residential | 0.26% | |
| 76 | UNH UnitedHealth Group | 0.26% | |
| 77 | AENA.ES Aena Sme SA | 0.26% | |
| 78 | 402340.KR SK Square Co Ltd | 0.26% | |
| 79 | SCG.AU Scentre Group | 0.25% | |
| 80 | H.CA Hydro One Ltd | 0.25% | |
| 81 | MCD McDonald's | 0.25% | |
| 82 | AFL Aflac | 0.25% | |
| 83 | DOL.CA Dollarama Inc | 0.25% | |
| 84 | QCOM Qualcomm | 0.24% | |
| 85 | POW.CA Power Corp of Canada | 0.24% | |
| 86 | BLK BlackRock | 0.24% | |
| 87 | SPSN.CH Swiss Prime Site | 0.24% | |
| 88 | CB Chubb Limited | 0.24% | |
| 89 | PANW Palo Alto Networks | 0.23% | |
| 90 | 6861.JP Keyence Corp | 0.23% | |
| 91 | WFC Wells Fargo | 0.23% | |
| 92 | GWO.CA Great West Lifeco Inc | 0.23% | |
| 93 | SVT.GB Severn Trent PLC | 0.23% | |
| 94 | AEM Agnico Eagle Mines Limited | 0.23% | |
| 95 | DSY.FR Dassault Systemes SE | 0.22% | |
| 96 | SCMN.CH Swisscom AG | 0.22% | |
| 97 | URW.FR Unibail Rodamco Westfield | 0.22% | |
| 98 | ANET Arista Networks | 0.22% | |
| 99 | MSI Motorola Solutions | 0.22% | |
| 100 | III.GB 3I Group PLC | 0.21% |
The most recent file State Street SPDR has published for NZAC is dated 2026-10-27, 1 day before these prices, which is the median for the State Street SPDR ETFs covered here. Every one of the 610 positions NZAC holds, with its weight, is in the fund's JSON file. See the other 153 ETFs with a page here that hold NVDA, and how their weights compare with the 6.22% NZAC gives it.
Category: Global Large Blend, set by TickerInside from the ETF's own latest file. In its file of 2026-10-27, 66% of its stocks are US companies and the rest are abroad; weighted by holding, they sit where 44% of their market's value is in larger companies (large: up to 78%); growth index funds hold 58% of their value against 56% for companies of the same sizes in the whole market (blend: within 10 points). How categories are set.
https://tickerinside.com/api/v1/fund/nzac.jsonhttps://tickerinside.com/api/v1/fund/nzac.csv=IMPORTDATA("https://tickerinside.com/api/v1/fund/nzac.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/nzac.csv"; ","; "en_US")curl -s https://tickerinside.com/api/v1/fund/nzac.jsonHow much money went into or out of NZAC?
On the close of Friday, October 23, 2026, NZAC neither created nor redeemed shares. Over its last 5 closes, a net inflow of $0.
From NZAC's own holdings files. Every ETF's latest flows.
How is NZAC split by sector and country?
| Sector | Weight | Weight bar |
|---|---|---|
| Technology | 35.3% | |
| Financials | 14.9% | |
| Health care | 9.3% | |
| Consumer discretionary | 7.7% | |
| Communication services | 7.1% | |
| Industrials | 7.0% | |
| Real estate | 5.8% | |
| Utilities | 2.8% | |
| Materials | 2.0% | |
| Consumer staples | 0.7% | |
| No sector found | 6.2% |
| Country | Weight | Weight bar |
|---|---|---|
| United States | 65.2% | |
| Canada | 4.3% | |
| Japan | 3.4% | |
| Taiwan | 3.1% | |
| Switzerland | 2.7% | |
| United Kingdom | 2.4% | |
| France | 2.1% | |
| China | 1.8% | |
| Australia | 1.6% | |
| South Korea | 1.4% | |
| Other countries | 11.1% |
From its SPDR file of 2026-10-27. How these are measured.
What did NZAC hold in its SEC reports since 2019?
In NZAC's SEC filings, its largest position went from Apple Inc. (AAPL) at 2.24% on 2019-09-30 to Nvidia (NVDA) at 5.73% on 2026-06-30, across 28 quarterly reports.
| Report | Positions | Largest | Top 10 |
|---|---|---|---|
| 2019-09-30 | 1,429 | AAPL 2.24% | 11.5% |
| 2019-12-31 | 1,493 | AAPL 2.62% | 12.1% |
| 2020-12-31 | 1,590 | AAPL 3.82% | 15.0% |
| 2021-12-31 | 1,649 | AAPL 4.17% | 17.1% |
| 2022-12-31 | 949 | AAPL 3.88% | 14.6% |
| 2023-12-31 | 846 | AAPL 4.79% | 19.9% |
| 2024-12-31 | 788 | AAPL 5.00% | 24.9% |
| 2025-12-31 | 679 | NVDA 5.68% | 27.3% |
| 2026-06-30 | 626 | NVDA 5.73% | 26.6% |
The first report, then the last of each year, of the 28 reports NZAC filed on SEC Form N-PORT from 2019-09-30 to 2026-06-30, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/nzac/{date}.json. How these are read.
What does NZAC duplicate?
The ETF nearest to NZAC is CRBN: the two hold 64.1% of their weight in common, in the 484 companies both own, and 94.6% of NZAC itself is also held there. Owning NZAC alongside the ETFs at the top of this table means about half of the weight is held twice.
| ETF | Overlap by weight | Of NZAC held there | Of that ETF in NZAC | Companies in both | Overlap bar |
|---|---|---|---|---|---|
| CRBN | 64.1% | 94.6% | 72.7% | 484 | |
| TOK | 59.1% | 86.0% | 67.0% | 400 | |
| URTH | 58.7% | 89.6% | 65.1% | 437 | |
| KLMT | 58.5% | 77.2% | 67.7% | 247 | |
| ACWI | 57.8% | 98.3% | 62.8% | 564 | |
| PBUS | 55.5% | 66.0% | 74.1% | 235 | |
| SPYX | 55.2% | 64.8% | 77.0% | 215 | |
| XYLD | 55.1% | 64.9% | 74.5% | 216 | |
| SPY | 55.0% | 64.9% | 74.5% | 217 | |
| SPYM | 55.0% | 64.9% | 74.5% | 217 | |
| IVV | 55.0% | 64.9% | 74.5% | 216 | |
| VV | 54.9% | 64.6% | 74.6% | 215 |
VV's holdings are from its SEC Form N-PORT for the period ended 2026-06-30, filed 2026-08-28. The other ETFs' holdings are from their issuers' latest files. Check NZAC against any ETF in the ETF overlap calculator · how overlap is measured.
What adds something different to NZAC?
IXC shares 0% of weight with NZAC and its weekly returns correlate with it at 0.02 over three years. The table lists the covered ETFs with the least in common with NZAC, least shared weight first and, among equals, lowest correlation.
| ETF | Name | Overlap by weight | Correlation, 3y | Companies in both |
|---|---|---|---|---|
| IXC | iShares Global Energy ETF | 0.0% | 0.02 | 0 |
| RWJ | Invesco S&P SmallCap 600 Revenue ETF | 0.0% | 0.67 | 0 |
| PFF | iShares Preferred and Income Securities ETF | 0.0% | 0.68 | 0 |
| XSMO | Invesco S&P SmallCap Momentum ETF | 0.0% | 0.70 | 0 |
| IJR | iShares Core S&P Small-Cap ETF | 0.0% | 0.71 | 0 |
| XMMO | Invesco S&P MidCap Momentum ETF | 0.0% | 0.74 | 1 |
| IWM | iShares Russell 2000 ETF | 0.0% | 0.77 | 0 |
| XMHQ | Invesco S&P MidCap Quality ETF | 0.0% | 0.77 | 1 |
Cost, returns and risk
| Expense ratio | 0.12% |
|---|---|
| Dividend yield | 2.03% |
| Total return, 1 year | 9.7% |
| Total return, 3 years cumulative | 70.8% |
| Total return, 5 years cumulative | 51.6% |
| Volatility, annualised | 13.5% |
| Worst fall, 3 years | -14.0% |
| Beta against SPY, 3 years of weekly returns | 0.94 |
| Weight in the ten largest positions | 28.7% |
| Largest single position | 6.2% |
| Assets under management | $0.2B |
Expense ratio, yield and assets are reference data (the expense ratio from NZAC's SEC filing of 2026-01-23); the weight in the ten largest positions and the largest single position are from the issuer file of 2026-10-27; every other figure is computed here from weekly closes.
How it moves with the market
| Against | Correlation, 3 years | Covariance, annualised, in percent squared |
|---|---|---|
| SPY | 0.96almost always in step | 180 |
| QQQ | 0.91usually in step | 237 |
Weekly total returns. What the bands mean · why the covariance is printed.
Year by year
| Year | Total return |
|---|---|
| 2026 | 9.2% |
| 2025 | 20.6% |
| 2024 | 16.7% |
| 2023 | 23.2% |
| 2022 | -19.8% |
One year
Where to go next
- QWLD, State Street SPDR MSCI World StrategicFactors℠ ETF
- SDG, iShares MSCI Global Sustainable Development Goals ETF
- SPGM, State Street SPDR Portfolio MSCI Global Stock Market ETF
- URTH, iShares MSCI World ETF
- Run a portfolio x-ray to see what NZAC carries once you look through it
- Compare NZAC against any other ETF in the builder
Holdings from the most recent file State Street SPDR has published, dated 2026-10-27. Prices through 2026-10-28. How every figure here is produced. Measurements, not investment advice.
Cite this page
TickerInside, State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC), holdings from the issuer's file of 2026-10-27, https://tickerinside.com/etf/nzac/, CC BY 4.0
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