SPGM vs. NZAC: Is ESG Investing Worth It?

Both the State Street SPDR Portfolio MSCI Global Stock Market ETF (NYSEMKT:SPGM)and the State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC)are global equity ETFs from SPDR, but they take distinctly different approaches. SPGM targets the full global stock market with over 2,900 holdings, while NZAC pursues a climate-focused strategy, screening for companies aligned with the Paris Agreement, and covers fewer securities. This comparison breaks down their costs, performance, risk, and portfolio ...