NZAC vs. SXR8.DE
Compare and contrast key facts about SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) and iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE).
NZAC and SXR8.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SXR8.DE is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 19, 2010. Both NZAC and SXR8.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NZAC or SXR8.DE.
Key characteristics
NZAC | SXR8.DE | |
---|---|---|
YTD Return | 8.64% | 12.91% |
1Y Return | 22.94% | 29.85% |
3Y Return (Ann) | 5.21% | 13.57% |
5Y Return (Ann) | 11.09% | 14.95% |
Sharpe Ratio | 1.81 | 2.66 |
Daily Std Dev | 12.35% | 10.33% |
Max Drawdown | -33.72% | -33.78% |
Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between NZAC and SXR8.DE is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NZAC vs. SXR8.DE - Performance Comparison
In the year-to-date period, NZAC achieves a 8.64% return, which is significantly lower than SXR8.DE's 12.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NZAC vs. SXR8.DE - Expense Ratio Comparison
Both NZAC and SXR8.DE have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
NZAC vs. SXR8.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) and iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE). 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.
Dividends
NZAC vs. SXR8.DE - Dividend Comparison
NZAC's dividend yield for the trailing twelve months is around 1.52%, while SXR8.DE has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
SPDR MSCI ACWI Climate Paris Aligned ETF | 1.52% | 1.65% | 1.81% | 1.62% | 1.59% | 2.17% | 2.53% | 2.20% | 2.00% | 2.40% | 0.18% |
iShares Core S&P 500 UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NZAC vs. SXR8.DE - Drawdown Comparison
The maximum NZAC drawdown since its inception was -33.72%, roughly equal to the maximum SXR8.DE drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for NZAC and SXR8.DE. For additional features, visit the drawdowns tool.
Volatility
NZAC vs. SXR8.DE - Volatility Comparison
SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) and iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) have volatilities of 3.52% and 3.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.