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<h2>Key Points</h2><ul><li>iShares Core MSCI Total International Stock ETF offers a lower expense ratio and a higher distribution yield than State Street SPDR MSCI ACWI Climate Paris Aligned ETF</li><li>State Street SPDR MSCI ACWI Climate Paris Aligned ETF has a smaller portfolio of 672 holdings focused on net-zero goals, while the iShares fund offers broad exposure across 4,160 international stocks</li><li>iShares Core MSCI Total International Stock ETF has outperformed the SPDR fund over the trailing year but shows a slightly deeper historical max drawdown</li><li>10 stocks we like better than iShares Trust - iShares Core Msci Total International Stock ETF ›</li></ul><p>Choosing between <strong>iShares Core MSCI Total International Stock ETF</strong> <span class="ticker">(NASDAQ:IXUS)</span> and <strong>State Street SPDR MSCI ACWI Climate Paris Aligned ETF</strong> <span class="ticker">(NASDAQ:NZAC)</span> involves weighing broad international exposure against a climate-conscious, tech-heavy global strategy.</p><p>While both funds offer international equity exposure, they serve different roles in a diversified portfolio. The iShares ETF targets non-U.S. stocks across both developed and emerging markets, providing massive geographical diversification. In contrast, the State Street fund is a global vehicle that includes U.S. positions but filters them through an environmental screen to align with the Paris Agreement.</p><h2 id="snapshot-cost-amp-size">Snapshot (cost &amp; size)</h2><section><table><tbody><tr><th>Metric</th><th>NZAC</th><th>IXUS</th></tr><tr><td>Issuer</td><td>SPDR</td><td>iShares</td></tr><tr><td>Expense ratio</td><td>0.12%</td><td>0.07%</td></tr><tr><td>1-yr return (as of May 1, 2026)</td><td>25.22%</td><td>31.70%</td></tr><tr><td>Dividend yield</td><td>1.82%</td><td>2.94%</td></tr><tr><td>AUM</td><td>$187.6 million</td><td>$56.1 billion</td></tr></tbody></table></section><p>The iShares fund is more affordable for long-term holders with an expense ratio of 0.07%, compared to 0.12% for the SPDR fund. For income-seeking investors, IXUS also offers a significantly higher payout, with a trailing-12-month distribution yield that exceeds NZAC’s by 1.12 percentage points.</p><h2 id="performance-amp-risk-comparison">Performance &amp; risk comparison</h2><section><table><tbody><tr><th>Metric</th><th>NZAC</th><th>IXUS</th></tr><tr><td>Max drawdown (5 yr)</td><td>(28.30%)</td><td>(30.10%)</td></tr><tr><td>Growth of $1,000 over 5 years (total return)</td><td>$1,580</td><td>$1,501</td></tr></tbody></table></section><h2 id="whatx27s-inside">What's inside</h2><p>The iShares Core MSCI Total International Stock ETF provides a massive portfolio of approximately 4,160 holdings, primarily focused on Financial Services (23.00%), Industrials (16.00%), and Technology (16.00%). Its largest positions include <strong>Asml Holding Nv</strong> <span class="ticker">(NASDAQ:ASML)</span> at 1.32%, <strong>Tencent Holdings Ltd</strong> <span class="ticker">(OTC:TCEHY)</span> at 0.90%, and <strong>Hsbc Holdings Plc</strong> <span class="ticker">(NYSE:HSBC)</span> at 0.75%. Launched in 2012, it has a trailing-12-month dividend of $2.74 per share and lacks specific environmental constraints, offering broader market representation than climate-focused funds.</p><p>The State Street SPDR MSCI ACWI Climate Paris Aligned ETF <span class="ticker">(NASDAQ:NZAC)</span> is more concentrated, holding about 672 stocks with a heavy tilt toward Technology (30.00%), Cash (17.00%), and Financial Services (13.00%). Top holdings include <strong>Nvidia Corp</strong> <span class="ticker">(NASDAQ:NVDA)</span> at 5.87%, <strong>Apple Inc</strong> <span class="ticker">(NASDAQ:AAPL)</span> at 4.49%, and <strong>Microsoft Corp</strong> <span class="ticker">(NASDAQ:MSFT)</span> at 3.30%. Launched in 2014, the fund tracks an index designed to reduce climate risk and has a trailing-12-month dividend of $0.82 per share. This strategy ensures the portfolio aligns with net-zero transition goals while maintaining global exposure.</p><p>For more guidance on ETF investing, check out the full guide at this link.</p><h2 id="what-it-means-for-investors">What it means for investors</h2><p>Alignment with climate goals is not the only reason investors might prefer the State Street SPDR MSCI ACWI Climate Paris Aligned ETF. With all seven members of the Magnificent Seven in its top 10 holdings, an investment in the State Street SPDR MSCI ACWI Climate Paris Aligned ETF is strongly weighted toward the U.S. technology sector. </p><p>For most individual investors, exposure to Magnificent Seven stocks is automatic through the funds their employer’s tax-advantaged retirement plan invests in. The iShares Core MSCI Total International Stock ETF is an easy way for many U.S. investors to gain global diversification.</p><p>Despite its environmental limitations, the State Street SPDR MSCI ACWI Climate Paris Aligned ETF has outperformed the iShares Core MSCI Total International Stock ETF over long periods. Over the past decade, the NZAC ETF has returned 208.4% if you include dividend payments. The IXUS ETF produced a total return of just 143.4% over the same time frame.</p><h2>Should you buy stock in iShares Trust - iShares Core Msci Total International Stock ETF right now?</h2>
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<p style="color: #767676; text-align: left"><em>*Stock Advisor returns as of May 3, 2026. </em></p><p><em>HSBC Holdings is an advertising partner of Motley Fool Money. Cory Renauer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML, Apple, Microsoft, Nvidia, and Tencent. The Motley Fool recommends HSBC Holdings. The Motley Fool has a disclosure policy.</em></p>
<p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
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IXUS

NZAC

<p>The iShares Core MSCI Total International Stock ETF (IXUS) has outperformed the State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) in terms of yield and one-year return. IXUS offers a lower expense ratio (0.07%) and a higher distribution yield (2.94%) compared to NZAC (0.12% expense ratio, 1.82% yield). While IXUS provides broad international exposure with 4,160 holdings, NZAC focuses on climate-conscious investments with 672 holdings. Over the past decade, NZAC has returned 208.4%, outperforming IXUS's 143.4%. Investors should weigh their priorities between diversification and climate alignment when choosing between these ETFs.</p>

iShares IXUS ETF Outperforms the SPDR NZAC ETF in Yield and 1 Year Return