NZAC vs. VSGX
Compare and contrast key facts about SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) and Vanguard ESG International Stock ETF (VSGX).
NZAC and VSGX 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. VSGX is a passively managed fund by Vanguard that tracks the performance of the FTSE Global All Cap ex US Choice Index.. It was launched on Sep 18, 2018. Both NZAC and VSGX 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 VSGX.
Key characteristics
| NZAC | VSGX | |
|---|---|---|
| YTD Return | 8.64% | 6.68% |
| 1Y Return | 22.94% | 14.38% |
| 3Y Return (Ann) | 5.21% | 0.32% |
| 5Y Return (Ann) | 11.09% | 6.61% |
| Sharpe Ratio | 1.81 | 1.07 |
| Daily Std Dev | 12.35% | 12.60% |
| Max Drawdown | -33.72% | -33.10% |
| Current Drawdown | 0.00% | -3.68% |
Correlation
The correlation between NZAC and VSGX is 0.91, 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.
Performance
NZAC vs. VSGX - Performance Comparison
In the year-to-date period, NZAC achieves a 8.64% return, which is significantly higher than VSGX's 6.68% 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. VSGX - Expense Ratio Comparison
Both NZAC and VSGX 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. VSGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) and Vanguard ESG International Stock ETF (VSGX). 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. VSGX - Dividend Comparison
NZAC's dividend yield for the trailing twelve months is around 1.52%, less than VSGX's 2.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
NZAC 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% |
VSGX Vanguard ESG International Stock ETF | 2.97% | 2.77% | 2.61% | 2.49% | 1.67% | 2.28% | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NZAC vs. VSGX - Drawdown Comparison
The maximum NZAC drawdown since its inception was -33.72%, roughly equal to the maximum VSGX drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for NZAC and VSGX. For additional features, visit the drawdowns tool.
Volatility
NZAC vs. VSGX - Volatility Comparison
SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) has a higher volatility of 3.52% compared to Vanguard ESG International Stock ETF (VSGX) at 3.30%. This indicates that NZAC's price experiences larger fluctuations and is considered to be riskier than VSGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.