Core Insights - The iShares MSCI World ETF (URTH) and SPDR Portfolio Developed World ex-US ETF (SPDW) differ significantly in cost, yield, regional exposure, and top holdings concentration, with SPDW being more cost-effective and focused on non-U.S. markets, while URTH has a heavier emphasis on U.S. technology [2][3] Cost & Size Comparison - URTH has an expense ratio of 0.24% and AUM of $7.0 billion, while SPDW has a much lower expense ratio of 0.03% and AUM of $34.1 billion [4] - The 1-year return for URTH is 22.9%, compared to SPDW's 35.3%, and the dividend yield for URTH is 1.5% versus SPDW's 3.2% [4][5] Performance & Risk Comparison - Over five years, URTH experienced a maximum drawdown of 26.06%, while SPDW had a deeper drawdown of 30.20% [6] - The growth of $1,000 over five years is $1,659 for URTH and $1,321 for SPDW, indicating better long-term performance for URTH despite its higher risk [6] Portfolio Composition - SPDW's portfolio is diversified across sectors, with Financial Services (23%), Industrials (19%), and Technology (11%), holding 2,390 stocks, and its largest positions include Roche, Novartis, and Toyota Motor, each around 1% of assets [7] - URTH is more concentrated in Technology (34%), with top holdings in Nvidia, Apple, and Microsoft making up nearly 14% of its assets, indicating a closer correlation with U.S. tech performance [8] Market Performance Context - Both ETFs benefited from a strong international stock rally in 2025, with SPDW gaining approximately 35% and URTH rising 23% over the past year, as international markets surged due to a weakening U.S. dollar [10]

Core 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]

Core Insights - The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) focuses on climate-friendly stocks, while the iShares MSCI World ETF (URTH) has a broader and more diversified strategy [1][8] Cost Comparison - NZAC has a lower expense ratio of 0.12% compared to URTH's 0.24%, making it more affordable for investors [3] - As of November 28, 2025, URTH has a 1-year return of 16.18%, while NZAC has a return of 13.16% [3] - Both funds offer nearly identical dividend yields, with NZAC at 1.35% and URTH at 1.30% [3] - URTH has significantly larger assets under management (AUM) at $6.05 billion compared to NZAC's $178.16 million [3] Performance & Risk Analysis - Over a 5-year period, URTH experienced a maximum drawdown of -26.04%, while NZAC had a slightly higher drawdown of -27.65% [4] - An investment of $1,000 in URTH would grow to $1,695 over 5 years, compared to $1,529 for NZAC [4] Fund Composition - NZAC tracks a climate-aligned index, holding 687 stocks with a sector tilt of 31% in technology, 17% in financial services, and 11% in industrials [5] - URTH holds 1,322 stocks, with 27% in technology, 16% in financial services, and 11% in industrials, providing broader market coverage [6] Investment Focus - NZAC is designed for environmentally focused investors, incorporating guidelines from the Taskforce on Climate Related Financial Disclosures (TCFD) [9] - URTH is more focused on global stocks from developed markets, offering greater diversification but less emphasis on environmental factors [10][12]