NZUS
SPDR Series Trust State Street SPDR MSCI USA Climate Paris Aligned ETF
📎 Investment Objective
The SPDR MSCI USA Climate Paris Aligned ETF (NZUS) seeks to track the performance of an index that provides exposure to large and mid-cap U.S. companies aligned with the Paris Agreement goal of limiting global warming to 1.5°C above pre-industrial levels.
Overview
ETF tracking SPDR Series Trust State Street SPDR MSCI USA Climate Paris Aligned ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR MSCI USA Climate Paris Aligned ETF (NZUS) seeks to track the performance of an index that provides exposure to large and mid-cap U.S. companies aligned with the Paris Agreement goal of limiting global warming to 1.5°C above pre-industrial levels.
🎯 Investment Strategy
The ETF invests in a portfolio of U.S. stocks selected based on their alignment with the Paris Agreement's climate objectives. The index methodology favors companies with lower carbon emissions, higher green revenue, and stronger climate change management practices.
✨ Key Features
- Targets U.S. equities with a focus on climate change mitigation
- Aims to align with the Paris Agreement's 1.5°C global warming limit
- Utilizes an index that considers various climate-related factors
- Potentially lower carbon footprint compared to a broad U.S. equity index
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific investment theme
- Potential for underperformance compared to a broad U.S. equity index
- Reliance on the index provider's methodology and data sources
- Liquidity risk due to the fund's small asset size
👤 Best For
This ETF may be suitable for investors seeking U.S. equity exposure with a focus on climate change mitigation and alignment with the Paris Agreement goals. It may be of interest to investors with a long-term investment horizon and a preference for sustainable investing strategies.