DIVD vs. NZAC
DIVD (Altrius Global Dividend ETF) and NZAC (SPDR MSCI ACWI Climate Paris Aligned ETF) are both Global Equities funds. DIVD is actively managed, while NZAC is passively managed. Over the past 3 years, DIVD returned 16.58%/yr vs 16.58%/yr for NZAC. Their 0.68 correlation means they have sometimes moved together and sometimes differently. DIVD charges 0.49%/yr vs 0.12%/yr for NZAC.
Performance
DIVD vs. NZAC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DIVD achieves a 17.92% return, which is significantly higher than NZAC's 7.28% return.
DIVD
- 1D
- -0.29%
- 1M
- 2.99%
- 6M
- 10.96%
- YTD
- 17.92%
- 1Y
- 31.43%
- 3Y*
- 16.58%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 20.44%
NZAC
- 1D
- 0.40%
- 1M
- 0.10%
- 6M
- 6.19%
- YTD
- 7.28%
- 1Y
- 18.88%
- 3Y*
- 16.58%
- 5Y*
- 9.32%
- 10Y*
- 11.72%
- ALL TIME*
- 10.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $90.64K | $113.22K | $112.98K | |
| $201.08K | $143.38K | $203.83K |
DIVD vs. NZAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DIVD Altrius Global Dividend ETF | 17.92% | 26.18% | 2.52% | 14.27% | 17.01% |
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF | 7.28% | 20.55% | 16.67% | 23.22% | 8.09% |
Correlation
The correlation between DIVD and NZAC is 0.48, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.48 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022 | 0.68 |
The correlation between DIVD and NZAC shifts across timeframes, from 0.48 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DIVD vs. NZAC — Risk / Return Rank
DIVD
NZAC
DIVD vs. NZAC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Altrius Global Dividend ETF (DIVD) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DIVD | NZAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.49 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.22 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 4.53 | 1.74 | +2.79 |
| Martin ratioReturn relative to average drawdown | 17.76 | 6.88 | +10.87 |
Loading charts...
Drawdowns
DIVD vs. NZAC - Drawdown Comparison
The maximum DIVD drawdown since its inception was -13.88%, smaller than the maximum NZAC drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for DIVD and NZAC.
Loading charts...
Drawdown Indicators
| DIVD | NZAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.88% | -33.72% | +19.84% |
Max Drawdown (1Y)Largest decline over 1 year | -6.70% | -10.10% | +3.40% |
Max Drawdown (3Y)Largest decline over 3 years | -13.88% | -16.19% | +2.31% |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.31% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -0.29% | -2.23% | +1.94% |
Average DrawdownAverage peak-to-trough decline | -2.16% | -5.28% | +3.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 2.55% | -0.84% |
Volatility
DIVD vs. NZAC - Volatility Comparison
The current volatility for Altrius Global Dividend ETF (DIVD) is 3.23%, while SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) has a volatility of 4.07%. This indicates that DIVD experiences smaller price fluctuations and is considered to be less risky than NZAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DIVD | NZAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.23% | 4.07% | -0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 8.27% | 11.66% | -3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.19% | 14.03% | -2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.17% | 16.96% | -3.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.17% | 17.07% | -3.90% |
DIVD vs. NZAC - Expense Ratio Comparison
DIVD has a 0.49% expense ratio, which is higher than NZAC's 0.12% expense ratio.
Dividends
DIVD vs. NZAC - Dividend Comparison
DIVD's dividend yield for the trailing twelve months is around 2.72%, more than NZAC's 2.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIVD Altrius Global Dividend ETF | 2.72% | 2.86% | 3.39% | 2.96% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF | 2.07% | 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
DIVD and NZAC have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NZAC has higher volatility (4.07%) compared to DIVD (3.23%). In terms of maximum drawdown, DIVD dropped -13.88% vs NZAC's -33.72%.
On 3-year performance, NZAC leads with 16.58% vs 16.58% for DIVD. On fees, NZAC is cheaper at 0.12% per year. On volatility, DIVD has been the lower-risk option at 3.23%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, NZAC has performed better with a 16.58% return vs 16.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NZAC is cheaper with a 0.12% expense ratio, compared with 0.49% for DIVD.
DIVD has the higher dividend yield at 2.72%, compared with 2.07% for NZAC.
They also come from different issuers: Altrius and State Street. Their fees differ too: 0.49% for DIVD and 0.12% for NZAC.
DIVD currently has the higher Sharpe Ratio (2.74 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for DIVD and NZAC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer