BINT vs. NZAC

Last updated Jun 5, 2026

BINT (Bluemonte Global Equity ETF) and NZAC (SPDR MSCI ACWI Climate Paris Aligned ETF) are both Global Equities funds. Their correlation of 0.93 suggests significant overlap in exposure. BINT charges 0.23%/yr vs 0.12%/yr for NZAC.

Performance

BINT vs. NZAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Global Equity ETF (BINT) and SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BINT achieves a 15.75% return, which is significantly higher than NZAC's 9.25% return.

BINT

• 1D: 0.01%
• 1M: 4.42%
• YTD: 15.75%
• 6M: 17.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NZAC

• 1D: 0.39%
• 1M: 3.97%
• YTD: 9.25%
• 6M: 9.90%
• 1Y: 24.37%
• 3Y*: 19.42%
• 5Y*: 9.97%
• 10Y*: 12.11%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BINT vs. NZAC - Yearly Performance Comparison

	2026 (YTD)	2025
BINT Bluemonte Global Equity ETF	15.75%	13.85%
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF	9.25%	13.81%

Correlation

The correlation between BINT and NZAC is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.93

BINT vs. NZAC - Sectors Allocation Comparison

Sectors	BINT	NZAC
Technology	24.4%	34.3%
Financial Services	18.8%	13.1%
Industrials	13.7%	7.3%
Consumer Cyclical	8.9%	8.2%
Healthcare	7.5%	7.8%
Communication Services	6.4%	8.5%
Basic Materials	5.7%	1.9%
Consumer Defensive	5.0%	1.0%
Energy	4.6%	1.2%
Utilities	2.8%	1.4%
Real Estate	2.2%	5.2%

Return for Risk

BINT vs. NZAC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NZAC

NZAC Risk / Return Rank: 56
NZAC Sharpe Ratio Rank: 56
NZAC Sortino Ratio Rank: 57
NZAC Omega Ratio Rank: 55
NZAC Calmar Ratio Rank: 50
NZAC Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BINT vs. NZAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Global Equity ETF (BINT) and SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BINT	NZAC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.89	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.31	0.62	+1.69

Drawdowns

BINT vs. NZAC - Drawdown Comparison

The maximum BINT drawdown since its inception was -10.94%, smaller than the maximum NZAC drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for BINT and NZAC.

Drawdown Indicators

	BINT	NZAC	Difference
Max Drawdown Largest peak-to-trough decline	-10.94%	-33.72%	+22.78%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.10%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.72%	—
Current Drawdown Current decline from peak	-0.93%	-0.43%	-0.50%
Average Drawdown Average peak-to-trough decline	-1.46%	-5.32%	+3.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.32%	—

Volatility

Volatility by Period

	BINT	NZAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.66%	12.94%	+1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.66%	16.81%	-2.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.66%	17.14%	-2.48%

BINT vs. NZAC - Expense Ratio Comparison

BINT has a 0.23% expense ratio, which is higher than NZAC's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BINT vs. NZAC - Dividend Comparison

BINT's dividend yield for the trailing twelve months is around 0.99%, less than NZAC's 2.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BINT Bluemonte Global Equity ETF	0.99%	1.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF	2.03%	1.90%	1.88%	1.65%	1.81%	1.62%	1.59%	2.17%	2.53%	2.20%	2.00%	2.40%

Frequently Asked Questions

Can I hold both BINT and NZAC in my portfolio?

With a correlation of 0.93, BINT and NZAC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BINT or NZAC?

On fees, NZAC is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BINT or NZAC?

NZAC is cheaper with a 0.12% expense ratio, compared with 0.23% for BINT.

Which ETF pays a higher dividend yield, BINT or NZAC?

NZAC has the higher dividend yield at 2.03%, compared with 0.99% for BINT.

What is the main difference between BINT and NZAC?

They also come from different issuers: Bluemonte and State Street. Their fees differ too: 0.23% for BINT and 0.12% for NZAC.