Which Is the Better Global ETF for Long-Term Investors: Vanguard's VEA or State Street's NZAC?
Vanguard's ultra-low 0.03% expense ratio and $317 billion asset base contrast sharply with State Street's specialized ESG approach and tech-heavy portfolio tilt.
Overview
Investors choosing between Vanguard FTSE Developed Markets ETF (NYSEMKT:VEA) and State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) must weigh broad international exposure against a targeted net-zero climate strategy.
Vanguard FTSE Developed Markets ETF tracks established non-U.S. economies, offering low-cost access to thousands of companies across Europe and the Pacific. In contrast, the State Street SPDR MSCI ACWI Climate Paris Aligned ETF targets global companies aligned with the Paris Agreement, utilizing specific environmental screens that lead to a distinct portfolio tilt toward technology and sustainable transition leaders.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.