# State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nzac for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Equity - Strategy: Passive Index · Inception: 2014-11-25 The State Street SPDR MSCI ACWI Climate Paris Aligned ETF aims to deliver investment outcomes mirroring the total return of the MSCI ACWI Climate Paris Aligned Index, before accounting for fees and operating expenses. Its benchmark is purposefully constructed to reduce financial vulnerability to both physical and transitional climate change risks, concurrently boosting engagement with sustainable investment opportunities. This methodology aligns with the recommendations of the Taskforce on Climate-Related Financial Disclosures (TCFD) and satisfies the stringent minimums of the EU Paris Alig... ## Key Facts | Metric | Value | |---|---| | Price | $45.88 | | Expense Ratio | 0.12% | | Assets Under Management | $193.2M | | NAV | $46.01 | | Holdings Count | 608 | | Distribution Yield (TTM) | 2.06% | | Annual Distribution (TTM) | $0.94 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $39.32 – $47.56 | | Beta | 1.01 | ## Latest Distribution - Amount: $0.2952 /share - Ex-date: 2026-06-01 - Pay date: 2026-06-05 ## Frequently Asked Questions ### What does NZAC invest in? The State Street SPDR MSCI ACWI Climate Paris Aligned ETF aims to deliver investment outcomes mirroring the total return of the MSCI ACWI Climate Paris Aligned Index, before accounting for fees and operating expenses. Its benchmark is purposefully constructed to reduce financial vulnerability to both physical and transitional climate change risks, concurrently boosting engagement with sustainable investment opportunities. This methodology aligns with the recommendations of the Taskforce on Climate-Related Financial Disclosures (TCFD) and satisfies the stringent minimums of the EU Paris Aligned Benchmark. The ETF is designed for investors aiming to implement net-zero strategies and tackle climate change in an all-encompassing manner. The Index itself draws from a global pool of large and mid-sized companies spanning developed and emerging markets. ### What is the expense ratio of NZAC? State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) charges an expense ratio of 0.12%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is NZAC? State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) manages $193.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is NZAC actively managed or an index fund? NZAC is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (NZAC's is 0.12%) because there's no security selection cost. ### When was NZAC launched? State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) launched in November 2014 and is managed by SPDR. ### How has NZAC performed? NZAC's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does NZAC pay a dividend? State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) currently distributes little or no income. Trailing-twelve-month yield is 2.06%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does NZAC pay dividends? State Street SPDR MSCI ACWI Climate Paris Aligned ETF pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is NZAC's dividend yield? NZAC's trailing-twelve-month yield is 2.06%, calculated from the sum of dividends over the past year divided by the current price. ### When is NZAC's next ex-dividend date? The most recently announced ex-dividend date for NZAC was 2026-06-01. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will NZAC's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.12% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NZAC charge its expense ratio? The expense ratio is deducted in tiny daily slices from NZAC's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NZAC cost more than a fund like VOO? NZAC is a passive index fund (current expense ratio 0.12%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to NZAC? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as NZAC (0.12%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nzac - Distribution history: https://www.dividenddata.com/funds/nzac/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nzac/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nzac/expenses - Peer comparison: https://www.dividenddata.com/funds/nzac/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.