NZAC vs VXUS

NZAC vs VXUS

Which is better, NZAC or VXUS?

Each has led over a different period.

VXUS has a lower expense ratio. NZAC led over 5Y and the full window, VXUS over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.92.

Lower Fees: VXUSHigher Returns: split

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

MetricNZACVXUS
Expense Ratio0.12%0.05%Best
AUM$196M$158.1B
Dividend Yield2.01%2.51%
Holdings6738,747
YTD Return+9.25%+14.83%Best
1Y Return+15.43%+24.27%Best
3Y Return (annualized)+18.46%+19.98%Best
5Y Return (annualized)+9.26%Best+9.07%
Volatility (annualized)14.8%Tie14.8%Tie
Max Drawdown-33.7%Best-39.9%
$10,000 over 5 years$15,571Best$15,436
Fund FamilySPDR State Street Global AdvisorsVanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionNov 25, 2014Jan 26, 2011

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Nov 26, 2014 to Sep 9, 2026 (11.8 years).

NZAC vs VXUS 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 VXUS Performance

State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an ETF from SPDR State Street Global Advisors and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year NZAC returned +15.43% while VXUS returned +24.27%. Year to date, NZAC is up 9.25% versus a gain of 14.83% for VXUS.

Over three years, NZAC compounded at +18.46% per year against +19.98% for VXUS; over five years the annualized figures are +9.26% and +9.07% respectively. Across the full 12-year window we track, NZAC has the edge at +8.90% annualized vs +6.11%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

NZAC and VXUS have been equally volatile, both at 14.8% annualized.

The deepest peak-to-trough decline in our data was -33.7% for NZAC and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.92. 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 VXUS charges 0.05%. On a $10,000 position that is $12 vs $5 annually, a gap of $7 per year that compounds over a long holding period. On income, NZAC currently yields 2.01% against 2.51% for VXUS.

Holdings Overlap

NZAC already in VXUS24.4%

At least 24.4% of NZAC's money is in holdings VXUS also owns.

Stated as a floor: for VXUS, our book for it covers 87.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

NZAC and VXUS share little of their money.

277 positions in common, counted across the 626 positions we hold weights for in NZAC and 8,094 in VXUS, against full books of 673 and 8,747.

Top Shared Holdings

StockWeight in NZACWeight in VXUSDifference
000660:KRSk Hynix Inc Common Stock Krw5000.00.44%2.17%1.73%
RY:CARoyal Bank Of Canada0.68%0.64%0.04%
NOVN:SMNovartis Ag – Class N0.48%0.65%0.17%
AZN:LNDeveloped Markets Astrazeneca Plc Sponsored Adr0.28%0.62%0.34%
HSBA:LNHsbc Securities Inc0.13%0.72%0.59%
ABBN:SMABB Ltd. - Ordinary Shares0.44%0.37%0.07%
RD:CAThe Toronto-Dominion Bank0.32%0.45%0.13%
FER:ASFerrovial Se0.60%0.07%0.53%
9988:HKAlibaba Group Holding Limited Ordinary Shares0.17%0.49%0.32%
2308:TWDelta Electronics Inc0.36%0.27%0.09%

24.4% of NZAC is already inside VXUS.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

NZACVXUS

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Frequently Asked Questions

Which is cheaper, NZAC or VXUS?

NZAC has an expense ratio of 0.12% while VXUS charges 0.05%. VXUS is the cheaper option, by $7 a year on a $10,000 investment.

Which performed better, NZAC or VXUS?

Over the past year NZAC returned +15.43% vs +24.27% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (12 years), NZAC annualized +8.90% vs +6.11% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, NZAC or VXUS?

NZAC and VXUS have been equally volatile, both at 14.8% annualized. Worst drawdown: NZAC -33.7% vs VXUS -39.9%.

Should I hold both NZAC and VXUS?

NZAC and VXUS have a monthly-return correlation of 0.92, 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 VXUS?

At least 24.4% of NZAC's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 277 positions in common, counted across the 626 positions we hold weights for in NZAC and 8,094 in VXUS.

Which pays a higher dividend, NZAC or VXUS?

NZAC yields 2.01% while VXUS yields 2.51%, so VXUS currently pays the higher dividend yield.

Is VXUS better than NZAC?

VXUS has a lower expense ratio. NZAC led over 5Y and the full window, VXUS over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.