Yahoo Finance·2026-01-10 16:20Core Insights - The iShares MSCI World ETF (URTH) focuses on developed markets, while the SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) aligns with the Paris Agreement to mitigate climate change [2] Cost & Size Comparison - URTH has an expense ratio of 0.24% and AUM of $6.57 billion, while NZAC has a lower expense ratio of 0.12% and AUM of $178.6 million [3][4] - The 1-year return for URTH is 19.79% compared to NZAC's 18.34%, and the dividend yield for URTH is 1.46% versus NZAC's 1.87% [3] Performance & Risk Comparison - Over five years, URTH has a max drawdown of -26.06% and a growth of $1,000 to $1,645, while NZAC has a max drawdown of -28.29% and a growth of $1,000 to $1,500 [5] Portfolio Composition - NZAC targets climate-aligned companies with 729 stocks, primarily in technology (32%), financial services (16%), and industrials (10%), with top holdings including Nvidia (5.31%), Apple (4.70%), and Microsoft (4.06%) [6] - URTH holds 1,343 stocks with a similar sector allocation but does not use ESG screens, providing broader exposure to developed markets [7][8] Investment Implications - Both ETFs have overlapping top holdings, particularly in technology, making it difficult to determine a superior option; however, URTH does not focus on sustainability as NZAC does [9]