NZAC vs. FIXT

Last updated Jun 4, 2026

NZAC (SPDR MSCI ACWI Climate Paris Aligned ETF) and FIXT (Procure Disaster Recovery Strategy ETF) are both Global Equities funds - NZAC tracks the MSCI ACWI Climate Paris Aligned Index while FIXT tracks the VettaFi Natural Disaster Response and Mitigation Index. Both are passively managed. At a 0.37 correlation, their price movements are largely independent. NZAC charges 0.12%/yr vs 0.75%/yr for FIXT.

Performance

NZAC vs. FIXT - Performance Comparison

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

Returns By Period

In the year-to-date period, NZAC achieves a 8.83% return, which is significantly higher than FIXT's 0.23% return.

NZAC

• 1D: -0.82%
• 1M: 4.49%
• YTD: 8.83%
• 6M: 9.51%
• 1Y: 24.74%
• 3Y*: 19.06%
• 5Y*: 9.88%
• 10Y*: 12.16%

FIXT

• 1D: -0.24%
• 1M: 0.27%
• YTD: 0.23%
• 6M: 0.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NZAC vs. FIXT - Yearly Performance Comparison

	2026 (YTD)	2025
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF	8.83%	13.34%
FIXT Procure Disaster Recovery Strategy ETF	0.23%	4.58%

Correlation

The correlation between NZAC and FIXT is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 17, 2025	0.37

NZAC vs. FIXT - Sectors Allocation Comparison

Sectors	NZAC	FIXT
Technology	34.3%	-
Financial Services	13.1%	-
Communication Services	8.5%	-
Consumer Cyclical	8.2%	-
Healthcare	7.8%	100.0%
Industrials	7.3%	-
Real Estate	5.2%	-
Basic Materials	1.9%	-
Utilities	1.4%	-
Energy	1.2%	-
Consumer Defensive	1.0%	-

Return for Risk

NZAC vs. FIXT — 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: 49
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.

NZAC vs. FIXT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) and Procure Disaster Recovery Strategy ETF (FIXT). 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.

	NZAC	FIXT	Difference
Sharpe ratio Return per unit of total volatility	1.92	—	—
Sortino ratio Return per unit of downside risk	2.71	—	—
Omega ratio Gain probability vs. loss probability	1.34	—	—
Calmar ratio Return relative to maximum drawdown	2.46	—	—
Martin ratio Return relative to average drawdown	10.68	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NZAC	FIXT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	1.34	-0.72

Drawdowns

NZAC vs. FIXT - Drawdown Comparison

The maximum NZAC drawdown since its inception was -33.72%, which is greater than FIXT's maximum drawdown of -3.02%. Use the drawdown chart below to compare losses from any high point for NZAC and FIXT.

Drawdown Indicators

	NZAC	FIXT	Difference
Max Drawdown Largest peak-to-trough decline	-33.72%	-3.02%	-30.70%
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	-0.82%	-1.88%	+1.06%
Average Drawdown Average peak-to-trough decline	-5.32%	-0.71%	-4.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	—	—

Volatility

Volatility by Period

	NZAC	FIXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.94%	3.77%	+9.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.81%	3.77%	+13.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	3.77%	+13.37%

NZAC vs. FIXT - Expense Ratio Comparison

NZAC has a 0.12% expense ratio, which is lower than FIXT's 0.75% expense ratio.

Dividends

NZAC vs. FIXT - Dividend Comparison

NZAC's dividend yield for the trailing twelve months is around 2.04%, less than FIXT's 5.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIXT Procure Disaster Recovery Strategy ETF	5.55%	3.24%	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	2.04%	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 NZAC and FIXT in my portfolio?

NZAC and FIXT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NZAC or FIXT?

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, NZAC or FIXT?

NZAC is cheaper with a 0.12% expense ratio, compared with 0.75% for FIXT.

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

FIXT has the higher dividend yield at 5.55%, compared with 2.04% for NZAC.

What is the main difference between NZAC and FIXT?

NZAC tracks MSCI ACWI Climate Paris Aligned Index, while FIXT tracks VettaFi Natural Disaster Response and Mitigation Index. They also come from different issuers: State Street and Procure. Their fees differ too: 0.12% for NZAC and 0.75% for FIXT.