NZACvsIQSZETF Comparison
ETF 1
NZAC
State Street SPDR MSCI ACWI Climate Paris Aligned ETF
VS
ETF 2
IQSZ
Invesco Global Equity Net Zero ETF
State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) and Invesco Global Equity Net Zero ETF (IQSZ) belong to the same industry segment: . NZAC's top 3 sector exposures are Technology, Finance and Healthcare. In contrast, IQSZ's top sector exposures are Technology, Finance and Industrials. NZAC is less expensive with a Total Expense Ratio (TER) of 0.12%, versus 0.19% for IQSZ. NZAC is up 8.17% year-to-date (YTD) with -$457K in YTD flows. IQSZ performs better with 14.59% YTD performance, and +$1M in YTD flows. Run a side-by-side ETF comparison of NZAC and IQSZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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NZAC vs IQSZ performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | NZAC IQSZ | +0.01%-0.24% | +0.54%+0.94% | +8.17%+14.59% | +10.67%+21.01% | +69.54%n/a | +54.93%n/a |
| Flows | NZAC IQSZ | -- | --$32K | -$457K+$1M | -$457K+$1M | -$129M- | +$9M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | NZAC IQSZ | +10.83%+11.60% | +12.29%+13.72% | +12.63%n/a | +14.28%n/a |
| Max drawdown | NZAC IQSZ | -2.99%-2.78% | -9.86%-9.39% | -15.87%n/a | -27.40%n/a |
| Max drawdown duration | NZAC IQSZ | 64d64d | 76d48d | 86dn/a | 763dn/a |
Trading data
NZAC | IQSZ | |
Last sale 10/16/2026 at 1:30 PM | $45.95 | $31.89 |
| Previous close 10/15/2026 | $46.51 | $32.08 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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IQSZ
is actively managed and doesn’t replicate an indexNZAC | IQSZ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
NZAC | IQSZ | |
|---|---|---|
| Last price | $45.95 | $31.89 |
| 1D performance | -1.21% | -0.58% |
| AuM | $193.44 M | $171.75 M |
| E/R | 0.12% | 0.19% |
Characteristics
NZAC | IQSZ | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | State Street Investment Management | Invesco |
| Benchmark | MSCI ACWI Climate Paris Aligned PAB with Dev Market Index | - |
| N° of holdings | 593 | 477 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 25, 2014 | July 16, 2025 |
| ESG | Yes | Yes |
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Exposure
Countries
NZAC
USA
63.26%
Other
36.74%
IQSZ
USA
61.53%
Other
38.47%
Sectors
NZAC
Technology
40.62%
Finance
23.74%
Healthcare
9.05%
Industrials
8.5%
Other
18.09%
IQSZ
Technology
36.09%
Finance
19.23%
Industrials
10.28%
Consumer Non-Cycl.
7.59%
Healthcare
7.42%
Other
19.38%
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Diversification
NZAC
Total weight of top 15 holdings out of 15
33.64%
IQSZ
Total weight of top 15 holdings out of 15
28.68%
Top 15 holdings
Data as of August 31, 2026
NZAC
NVIDIA Corp.
6.22%
Apple, Inc.
5.02%
Microsoft Corp.
3.93%
Amazon.com, Inc.
2.52%
Alphabet, Inc.
2.23%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.88%
Broadcom Inc.
1.79%
Tesla, Inc.
1.54%
Alphabet, Inc.
1.48%
Meta Platforms, Inc.
1.33%
JPMorgan Chase & Co.
1.26%
Digital Realty Trust, Inc.
1.17%
Advanced Micro Devices, Inc.
1.14%
Eli Lilly & Co.
1.14%
Equinix, Inc.
0.98%
IQSZ
NVIDIA Corp.
5.23%
Apple, Inc.
4.64%
Microsoft Corp.
3.39%
Amazon.com, Inc.
2.49%
Taiwan Semiconductor Manufacturing Co., Ltd.
2.03%
Alphabet, Inc.
1.92%
Alphabet, Inc.
1.52%
Meta Platforms, Inc.
1.26%
Micron Technology, Inc.
1.14%
Samsung Electronics Co., Ltd.
0.99%
Tesla, Inc.
0.92%
JPMorgan Chase & Co.
0.82%
The Toronto-Dominion Bank
0.77%
Johnson & Johnson
0.77%
Eli Lilly & Co.
0.77%
Frequently asked questions about NZAC and IQSZ
How have the NZAC and IQSZ ETFs performed in 2026?
As of October 16, 2026, NZAC is up 8.17% year-to-date (YTD), while IQSZ has returned 14.59%. That puts IQSZ better performer ahead so far this year.
Which ETF is attracting more investor money: NZAC or IQSZ?
Year-to-date, the NZAC ETF saw -$457K in flows, compared to +$1M for IQSZ.
Which ETF is more volatile: NZAC or IQSZ?
Over the past year, NZAC had a volatility of 12.29%, while IQSZ experienced 13.72%.
Which ETF is bigger: NZAC or IQSZ?
As of October 16, 2026, NZAC holds $193.44 M in assets under management (AUM), while IQSZ manages $171.75 M.
What sectors do the NZAC and IQSZ ETFs invest in?
NZAC leans toward sectors like Technology, Finance and Healthcare. Meanwhile, IQSZ focuses on Technology, Finance and Industrials.
What are the top holdings of the NZAC ETF and IQSZ ETF?
NZAC top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. IQSZ holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: NZAC or IQSZ?
NZAC holds 600 securities with 33.64% of its assets in the top 15. IQSZ has 479 securities and a top 15 weight of 28.68%.
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