DIVS vs. NZAC

Last updated Apr 1, 2026

Compare and contrast key facts about SmartETFs Dividend Builder ETF (DIVS) and SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC).

DIVS and NZAC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIVS is an actively managed fund by Guinness Atkinson Asset Management. It was launched on Mar 29, 2021. NZAC is a passively managed fund by State Street that tracks the performance of the MSCI ACWI Climate Paris Aligned Index. It was launched on Nov 25, 2014.

Performance

DIVS vs. NZAC - Performance Comparison

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

DIVS vs. NZAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DIVS SmartETFs Dividend Builder ETF	-1.33%	11.66%	12.60%	15.98%	-8.97%	17.52%
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF	-5.23%	20.55%	16.67%	23.22%	-19.77%	13.21%

Returns By Period

In the year-to-date period, DIVS achieves a -1.33% return, which is significantly higher than NZAC's -5.23% return.

DIVS

• 1D: 1.95%
• 1M: -8.80%
• YTD: -1.33%
• 6M: -0.62%
• 1Y: 6.86%
• 3Y*: 10.77%
• 5Y*: 8.94%
• 10Y*: —

NZAC

• 1D: 3.15%
• 1M: -5.91%
• YTD: -5.23%
• 6M: -2.63%
• 1Y: 17.22%
• 3Y*: 15.04%
• 5Y*: 8.05%
• 10Y*: 10.82%

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

DIVS vs. NZAC - Expense Ratio Comparison

DIVS has a 0.65% expense ratio, which is higher than NZAC's 0.12% expense ratio.

DIVS

SmartETFs Dividend Builder ETF

NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

Return for Risk

DIVS vs. NZAC — Risk / Return Rank

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

DIVS

DIVS Risk / Return Rank: 29
DIVS Sharpe Ratio Rank: 29
DIVS Sortino Ratio Rank: 29
DIVS Omega Ratio Rank: 28
DIVS Calmar Ratio Rank: 29
DIVS Martin Ratio Rank: 31

NZAC

NZAC Risk / Return Rank: 61
NZAC Sharpe Ratio Rank: 55
NZAC Sortino Ratio Rank: 59
NZAC Omega Ratio Rank: 59
NZAC Calmar Ratio Rank: 63
NZAC Martin Ratio Rank: 67

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.

DIVS vs. NZAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SmartETFs Dividend Builder ETF (DIVS) 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.

	DIVS	NZAC	Difference
Sharpe ratio Return per unit of total volatility	0.51	0.97	-0.45
Sortino ratio Return per unit of downside risk	0.81	1.51	-0.70
Omega ratio Gain probability vs. loss probability	1.11	1.22	-0.11
Calmar ratio Return relative to maximum drawdown	0.68	1.59	-0.91
Martin ratio Return relative to average drawdown	2.58	6.70	-4.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIVS vs. NZAC - Sharpe Ratio Comparison

The current DIVS Sharpe Ratio is 0.51, which is lower than the NZAC Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of DIVS and NZAC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DIVS	NZAC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	0.97	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.48	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.54	-0.20

Correlation

The correlation between DIVS and NZAC is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DIVS vs. NZAC - Dividend Comparison

DIVS's dividend yield for the trailing twelve months is around 2.82%, more than NZAC's 2.01% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIVS SmartETFs Dividend Builder ETF	2.82%	2.61%	2.66%	3.14%	5.93%	3.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF	2.01%	1.90%	1.88%	1.65%	1.81%	1.62%	1.59%	2.17%	2.53%	2.20%	2.00%	2.40%

Drawdowns

DIVS vs. NZAC - Drawdown Comparison

The maximum DIVS drawdown since its inception was -29.55%, smaller than the maximum NZAC drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for DIVS and NZAC.

Drawdown Indicators

	DIVS	NZAC	Difference
Max Drawdown Largest peak-to-trough decline	-29.55%	-33.72%	+4.17%
Max Drawdown (1Y) Largest decline over 1 year	-10.62%	-10.85%	+0.23%
Max Drawdown (5Y) Largest decline over 5 years	-29.55%	-28.31%	-1.24%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.72%	—
Current Drawdown Current decline from peak	-8.80%	-7.27%	-1.53%
Average Drawdown Average peak-to-trough decline	-3.74%	-5.39%	+1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	2.57%	+0.21%

Volatility

DIVS vs. NZAC - Volatility Comparison

The current volatility for SmartETFs Dividend Builder ETF (DIVS) is 4.79%, while SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) has a volatility of 6.18%. This indicates that DIVS 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.

Volatility by Period

	DIVS	NZAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	6.18%	-1.39%
Volatility (6M) Calculated over the trailing 6-month period	7.76%	10.07%	-2.31%
Volatility (1Y) Calculated over the trailing 1-year period	13.49%	17.91%	-4.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.60%	16.73%	+9.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.58%	17.09%	+9.49%