NZAC vs. URTH: Which Global ETF Is the Better Buy?
NZAC includes emerging markets and applies strict climate screens, while URTH focuses on developed-market stocks.
Overview
The State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) and the iShares MSCI World ETF (NYSEMKT:URTH) both offer investors a simple way to buy global stocks in a single fund. But while NZAC applies a strict climate screen and includes emerging markets, URTH sticks to a mix of developed-world giants with no such filter.
Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Details
NZAC is the cheaper of the two funds, charging a 0.12% expense ratio versus 0.24% for URTH. It also pays a higher dividend yield of 2.06%, compared with 1.40% for URTH.
Source
Originally published at www.fool.com.