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NZAC vs. WBIG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NZAC vs. WBIG

Last updated Jun 3, 2026

NZAC (SPDR MSCI ACWI Climate Paris Aligned ETF) and WBIG (WBI BullBear Yield 3000 ETF) are both Global Equities funds. NZAC is passively managed, while WBIG is actively managed. Over the past 10 years, NZAC returned 12.25%/yr vs 3.92%/yr for WBIG. A 0.64 correlation means they provide meaningful diversification when combined. NZAC charges 0.12%/yr vs 1.14%/yr for WBIG.

Performance

NZAC vs. WBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) and WBI BullBear Yield 3000 ETF (WBIG). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both stocks are quite close, with NZAC having a 9.73% return and WBIG slightly lower at 9.69%. Over the past 10 years, NZAC has outperformed WBIG with an annualized return of 12.25%, while WBIG has yielded a comparatively lower 3.92% annualized return.

NZAC

1D
0.56%
1M
4.72%
YTD
9.73%
6M
10.87%
1Y
26.10%
3Y*
19.38%
5Y*
10.26%
10Y*
12.25%

WBIG

1D
0.07%
1M
4.43%
YTD
9.69%
6M
9.47%
1Y
21.60%
3Y*
6.56%
5Y*
0.85%
10Y*
3.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NZAC vs. WBIG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NZAC
SPDR MSCI ACWI Climate Paris Aligned ETF		9.73%20.55%16.67%23.22%-19.77%18.35%17.21%28.24%-9.80%22.93%
WBIG
WBI BullBear Yield 3000 ETF		9.69%-0.39%5.87%-2.68%-7.68%16.04%-3.30%6.85%-8.46%25.62%

Correlation

The correlation between NZAC and WBIG is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.65

Correlation (3Y)
Calculated over the trailing 3-year period

0.70

Correlation (5Y)
Calculated over the trailing 5-year period

0.68

Correlation (10Y)
Calculated over the trailing 10-year period

0.66

Correlation (All Time)
Calculated using the full available price history since Nov 28, 2014

0.64

The correlation between NZAC and WBIG has been stable across timeframes, ranging from 0.64 to 0.70 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR MSCI ACWI Climate Paris Aligned ETF

WBI BullBear Yield 3000 ETF

Often compared with NZAC:
NZAC vs. SPYNZAC vs. VOONZAC vs. ESGENZAC vs. GABFNZAC vs. VTNZAC vs. FXAIXNZAC vs. QWLD
Often compared with WBIG:
WBIG vs. AMAGXWBIG vs. SPYWBIG vs. VOOWBIG vs. PFFDWBIG vs. WBIFWBIG vs. FIXTWBIG vs. VT

Return for Risk

NZAC vs. WBIG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NZAC
NZAC Risk / Return Rank: 5858
Overall Rank
NZAC Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
NZAC Sortino Ratio Rank: 6060
Sortino Ratio Rank
NZAC Omega Ratio Rank: 5858
Omega Ratio Rank
NZAC Calmar Ratio Rank: 5252
Calmar Ratio Rank
NZAC Martin Ratio Rank: 6262
Martin Ratio Rank
WBIG
WBIG Risk / Return Rank: 7070
Overall Rank
WBIG Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
WBIG Sortino Ratio Rank: 6767
Sortino Ratio Rank
WBIG Omega Ratio Rank: 6666
Omega Ratio Rank
WBIG Calmar Ratio Rank: 8080
Calmar Ratio Rank
WBIG Martin Ratio Rank: 7171
Martin Ratio Rank
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. WBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) and WBI BullBear Yield 3000 ETF (WBIG). 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.

NZACWBIGDifference

Sharpe ratio

Return per unit of total volatility

2.03

2.21

-0.18

Sortino ratio

Return per unit of downside risk

2.85

3.17

-0.32

Omega ratio

Gain probability vs. loss probability

1.36

1.41

-0.05

Calmar ratio

Return relative to maximum drawdown

2.61

4.24

-1.63

Martin ratio

Return relative to average drawdown

11.35

13.40

-2.04

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NZAC vs. WBIG - Sharpe Ratio Comparison

The current NZAC Sharpe Ratio is 2.03, which is comparable to the WBIG Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of NZAC and WBIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

NZACWBIGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.03

2.21

-0.18

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.61

0.07

+0.54

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

0.34

+0.38

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

0.15

+0.47

Drawdowns

NZAC vs. WBIG - Drawdown Comparison

The maximum NZAC drawdown since its inception was -33.72%, which is greater than WBIG's maximum drawdown of -25.32%. Use the drawdown chart below to compare losses from any high point for NZAC and WBIG.

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Drawdown Indicators

NZACWBIGDifference

Max Drawdown

Largest peak-to-trough decline

-33.72%

-25.32%

-8.40%

Max Drawdown (1Y)

Largest decline over 1 year

-10.10%

-5.06%

-5.04%

Max Drawdown (3Y)

Largest decline over 3 years

-16.19%

-20.20%

+4.01%

Max Drawdown (5Y)

Largest decline over 5 years

-28.31%

-25.32%

-2.99%

Max Drawdown (10Y)

Largest decline over 10 years

-33.72%

-25.32%

-8.40%

Current Drawdown

Current decline from peak

0.00%

-3.94%

+3.94%

Average Drawdown

Average peak-to-trough decline

-5.32%

-10.92%

+5.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.32%

1.60%

+0.72%

Volatility

NZAC vs. WBIG - Volatility Comparison

SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) has a higher volatility of 3.66% compared to WBI BullBear Yield 3000 ETF (WBIG) at 3.30%. This indicates that NZAC's price experiences larger fluctuations and is considered to be riskier than WBIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

NZACWBIGDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.66%

3.30%

+0.36%

Volatility (6M)

Calculated over the trailing 6-month period

10.33%

6.52%

+3.81%

Volatility (1Y)

Calculated over the trailing 1-year period

12.91%

9.84%

+3.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.81%

12.04%

+4.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.14%

11.55%

+5.59%

NZAC vs. WBIG - Expense Ratio Comparison

NZAC has a 0.12% expense ratio, which is lower than WBIG's 1.14% expense ratio.

Dividends

NZAC vs. WBIG - Dividend Comparison

NZAC's dividend yield for the trailing twelve months is around 2.02%, more than WBIG's 1.20% yield.

PositionTTM20252024202320222021202020192018201720162015
NZAC
SPDR MSCI ACWI Climate Paris Aligned ETF		2.02%1.90%1.88%1.65%1.81%1.62%1.59%2.17%2.53%2.20%2.00%2.40%
WBIG
WBI BullBear Yield 3000 ETF		1.20%1.74%2.05%1.74%1.29%2.94%0.90%1.87%1.20%1.27%0.96%1.41%

Frequently Asked Questions

NZAC and WBIG have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NZAC has higher volatility (3.66%) compared to WBIG (3.30%). In terms of maximum drawdown, NZAC dropped -33.72% vs WBIG's -25.32%.

On 10-year performance, NZAC leads with 12.25% vs 3.92% for WBIG. On fees, NZAC is cheaper at 0.12% per year. On volatility, WBIG has been the lower-risk option at 3.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, NZAC has performed better with a 12.25% return vs 3.92%. 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 1.14% for WBIG.

NZAC has the higher dividend yield at 2.02%, compared with 1.20% for WBIG.

They also come from different issuers: State Street and WBI. Their fees differ too: 0.12% for NZAC and 1.14% for WBIG.

WBIG currently has the higher Sharpe Ratio (2.21 vs 2.03), 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.

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