NZAC vs VTI
State Street SPDR MSCI ACWI Climate Paris Aligned ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, NZAC or VTI?
Nearly the same fund. VTI costs less.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. NZAC is less concentrated, with 27.9% of the fund in its ten largest positions against 33.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | NZAC | VTI |
|---|---|---|
| Expense Ratio | 0.12% | 0.03%Best |
| AUM | $196M | $666.9B |
| Dividend Yield | 2.01% | 1.03% |
| Holdings | 673 | 3,543 |
| YTD Return | +10.10% | +13.60%Best |
| 1Y Return | +14.91% | +18.17%Best |
| 3Y Return (annualized) | +20.62% | +23.04%Best |
| 5Y Return (annualized) | +9.78% | +12.14%Best |
| Volatility (annualized) | 14.7%Best | 15.3% |
| Max Drawdown | -33.7%Best | -35.0% |
| $10,000 over 5 years | $15,945 | $17,734Best |
| Top 10 Weight | 27.9%Best | 33.3% |
| Fund Family | SPDR State Street Global Advisors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 25, 2014 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Nov 26, 2014 to Sep 25, 2026 (11.8 years).
NZAC vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 11.8 years both funds cover.
NZAC vs VTI Performance
State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an ETF from SPDR State Street Global Advisors and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year NZAC returned +14.91% while VTI returned +18.17%. Year to date, NZAC is up 10.10% versus a gain of 13.60% for VTI.
Over three years, NZAC compounded at +20.62% per year against +23.04% for VTI; over five years the annualized figures are +9.78% and +12.14% respectively. Across the full 12-year window we track, VTI has the edge at +12.03% annualized vs +8.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.7% for NZAC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.7% for NZAC and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NZAC charges 0.12% per year while VTI charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, NZAC currently yields 2.01% against 1.03% for VTI.
Holdings Overlap
63.9% of NZAC's money is in holdings VTI also owns. 65.9% of VTI's money is in holdings NZAC also owns.
The two portfolios partly overlap.
234 positions in common, counted across the 609 positions we hold weights for in NZAC and 3,463 in VTI, against full books of 673 and 3,543.
What only one of them owns
Our book lists 920 positions for VTI that do not appear in our book for NZAC (31.6% of the fund), and 11 for NZAC that do not appear in VTI (1.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in NZAC | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.22% | 6.40% | 0.18% |
| AAPLApple, Inc | 5.02% | 6.29% | 1.27% |
| MSFTMicrosoft Corp | 3.93% | 4.79% | 0.86% |
| AMZNAmazon.Com Inc | 2.52% | 3.65% | 1.13% |
| GOOGAlphabet Inc | 2.23% | 2.31% | 0.08% |
| GOOGLAlphabet Inc,class A | 1.48% | 2.90% | 1.42% |
| AVGOBroadcom Inc | 1.79% | 2.56% | 0.77% |
| METAMeta Platforms Inc | 1.33% | 1.70% | 0.37% |
| TSLATesla Inc | 1.54% | 1.22% | 0.32% |
| JPMJpmorgan Chase | 1.26% | 1.31% | 0.05% |
65.9% of VTI is already inside NZAC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NZAC or VTI?
NZAC has an expense ratio of 0.12% while VTI charges 0.03%. VTI is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, NZAC or VTI?
Over the past year NZAC returned +14.91% vs +18.17% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (12 years), NZAC annualized +8.94% vs +12.03% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NZAC or VTI?
VTI has been the more volatile fund at 15.3% annualized versus 14.7% for NZAC. Worst drawdown: NZAC -33.7% vs VTI -35.0%.
Should I hold both NZAC and VTI?
NZAC and VTI have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between NZAC and VTI?
65.9% of VTI's money is in holdings NZAC also owns. 65.9% of VTI's is in holdings NZAC also owns. They hold 234 positions in common, counted across the 609 positions we hold weights for in NZAC and 3,463 in VTI.
Which pays a higher dividend, NZAC or VTI?
NZAC yields 2.01% while VTI yields 1.03%, so NZAC currently pays the higher dividend yield.
Is VTI better than NZAC?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. NZAC is less concentrated, with 27.9% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.