MSTB vs NZAC

Comparison between LHA MARKET STATE TACTICAL BETA ETF (MSTB, ETF) and STATE STREET(R) SPDR(R) MSCI ACWI CLIMATE PARIS ALIGNED ETF (NZAC, ETF).

5-Year PerformanceNZAC has outperformed MSTB, delivering a return of +9.7% compared to +8.4%

MSTB vs NZAC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSTB(ETF)	NZAC(ETF)
Net Assets	$197M	$196M
Expense Ratio	1.38%	0.12%
Max Drawdown	26.34%	33.72%
Sharpe Ratio	1.22	1.19
5Y Beta	0.58	0.92
P/E Ratio	N/A	30.18
Forward P/E	N/A	23.86
PEG Ratio	N/A	0.48
5Y Dividends CAGR	0.26%	10.11%
5Y EPS CAGR	N/A	28.29%
Debt to Equity	N/A	17.77%
P/S Ratio	N/A	5.07
P/B Ratio	N/A	6.36

Net Assets

Winner

MSTB

$197M

NZAC

$196M

Expense Ratio

MSTB

1.38%

Winner

NZAC

0.12%

Max Drawdown

Winner

MSTB

26.34%

NZAC

33.72%

Sharpe Ratio

Winner

MSTB

1.22

NZAC

1.19

5Y Beta

Winner

MSTB

0.58

NZAC

0.92

P/E Ratio

MSTB

N/A

NZAC

30.18

Forward P/E

MSTB

N/A

NZAC

23.86

PEG Ratio

MSTB

N/A

NZAC

0.48

5Y Dividends CAGR

MSTB

0.26%

Winner

NZAC

10.11%

5Y EPS CAGR

MSTB

N/A

NZAC

28.29%

Debt to Equity

MSTB

N/A

NZAC

17.77%

P/S Ratio

MSTB

N/A

NZAC

5.07

P/B Ratio

MSTB

N/A

NZAC

6.36

MSTB vs NZAC - Holdings Comparison

MSTB and NZAC have 0 common holdings. Overlap is 0.00%

MSTB's top 25 holdings weight is 89.65%. NZAC's top 25 holdings weight is 39.68%.

Rank	MSTB	NZAC
#1	STATE STREET® SPDR® S&P 500® ETF (SPY) - 82.83%	NVIDIA CORP (NVDA) - 6.19%
#2	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.41%	APPLE INC (AAPL) - 4.93%
#3	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 3.41%	MICROSOFT CORP (MSFT) - 3.37%
#4	N/A	AMAZON.COM INC (AMZN) - 2.46%
#5	N/A	ALPHABET INC CLASS C (GOOG) - 2.35%
#6	N/A	BROADCOM INC (AVGO) - 2.29%
#7	N/A	n/a (n/a) - 1.83%
#8	N/A	TESLA INC (TSLA) - 1.74%
#9	N/A	ALPHABET INC CLASS A (GOOGL) - 1.55%
#10	N/A	META PLATFORMS INC CLASS A (META) - 1.38%
#11	N/A	MARVELL TECHNOLOGY INC (MRVL) - 1.29%
#12	N/A	ADVANCED MICRO DEVICES INC (AMD) - 1.25%
#13	N/A	DIGITAL REALTY TRUST INC (DLR) - 1.18%
#14	N/A	JPMORGAN CHASE & CO (JPM) - 1.05%
#15	N/A	ELI LILLY AND CO (LLY) - 1.03%
#16	N/A	EQUINIX INC (EQIX) - 0.99%
#17	N/A	n/a (n/a) - 0.88%
#18	N/A	WORLDCLIMATE PARI JUN26 IFUS 20260619 (n/a) - 0.82%
#19	N/A	MICRON TECHNOLOGY INC (MU) - 0.81%
#20	N/A	INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 0.75%
#21	N/A	ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 0.32%
#22	N/A	AMERICAN EXPRESS CO (AXP) - 0.31%
#23	N/A	QUALCOMM INC (QCOM) - 0.31%
#24	N/A	TERNA SPA (n/a) - 0.30%
#25	N/A	n/a (PLTR) - 0.30%
Total Holdings	3	623

MSTB vs NZAC - Historical Returns

Returns include dividend reinvestment.

Period	MSTB	NZAC
1 month	+0.70%	+2.51%
3 months	+9.83%	+11.68%
6 months	+8.54%	+9.56%
1 year	+19.25%	+22.94%
5 years(CAGR)	+8.35%	+9.74%
10 years(CAGR)	N/A	+12.36%
Max(CAGR)	+11.23%	+10.27%

MSTB

+0.70%

Winner

NZAC

+2.51%

MSTB

+9.83%

Winner

NZAC

+11.68%

MSTB

+8.54%

Winner

NZAC

+9.56%

MSTB

+19.25%

Winner

NZAC

+22.94%

5Y(CAGR)

MSTB

+8.35%

Winner

NZAC

+9.74%

10Y(CAGR)

MSTB

N/A

NZAC

+12.36%

Max(CAGR)

Winner

MSTB

+11.23%

NZAC

+10.27%

MSTB vs NZAC - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	MSTB	NZAC
2026	+8.11%	+8.23%
2025	+18.86%	+20.53%
2024	+19.29%	+17.92%
2023	+16.84%	+22.65%
2022	-23.20%	-20.14%
2021	+22.88%	+19.09%
2020	+9.44%	+16.07%
2019	N/A	+28.09%
2018	N/A	-10.30%
2017	N/A	+22.82%
2016	N/A	+10.73%
2015	N/A	-2.15%
2014	N/A	-2.07%

MSTB vs NZAC Drawdown Comparison

The maximum drawdown for MSTB was -25.64%, occurring on Sep 30, 2022. Recovery took 613 trading sessions.

The maximum drawdown for NZAC was -33.72%, occurring on Mar 23, 2020. Recovery took 134 trading sessions.

The current MSTB drawdown is -1.19%. The current NZAC drawdown is -1.13%.

Rank	MSTB	NZAC
#1	-25.64% Jan 3, 2022 - Jun 12, 2024	-33.72% Feb 12, 2020 - Aug 24, 2020
#2	-10.81% Jan 23, 2025 - May 12, 2025	-28.30% Jan 4, 2022 - Feb 7, 2024
#3	-8.31% Oct 29, 2025 - Apr 16, 2026	-19.53% Jan 26, 2018 - Jul 3, 2019
#4	-6.18% Aug 30, 2021 - Nov 3, 2021	-18.13% May 19, 2015 - Dec 13, 2016
#5	-5.83% Nov 18, 2021 - Dec 23, 2021	-16.19% Feb 20, 2025 - May 19, 2025
#6	-5.60% Jul 16, 2024 - Sep 19, 2024	-10.10% Jan 27, 2026 - Apr 15, 2026
#7	-5.16% Oct 12, 2020 - Nov 9, 2020	-7.72% Jul 12, 2024 - Aug 19, 2024
#8	-5.03% Feb 12, 2021 - Apr 1, 2021	-7.46% Sep 2, 2020 - Nov 6, 2020
#9	-4.26% Dec 6, 2024 - Jan 23, 2025	-6.50% Jul 26, 2019 - Oct 24, 2019
#10	-4.09% Jun 2, 2026 - Jun 10, 2026	-5.72% Mar 27, 2024 - May 14, 2024
#11	-3.39% Jul 12, 2021 - Jul 23, 2021	-5.69% Sep 3, 2021 - Oct 28, 2021
#12	-3.20% May 7, 2021 - Jun 30, 2021	-5.62% Dec 6, 2024 - Feb 18, 2025
#13	-2.88% Oct 18, 2024 - Nov 7, 2024	-5.50% Oct 28, 2025 - Dec 24, 2025
#14	-2.80% Oct 8, 2025 - Oct 21, 2025	-5.31% Nov 26, 2014 - Feb 13, 2015
#15	-2.62% May 19, 2025 - Jun 3, 2025	-5.06% Feb 16, 2021 - Apr 5, 2021

Correlation

Correlation between MSTB and NZAC is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2014 - 2026)

MSTB vs NZAC dividend yield comparison.

Year	MSTB	NZAC
2026	0.00%	0.64%
2025	0.41%	1.90%
2024	0.95%	1.88%
2023	0.16%	1.65%
2022	1.34%	1.81%
2021	2.20%	1.62%
2020	1.78%	1.59%
2019	0.00%	2.17%
2018	0.00%	2.53%
2017	0.00%	2.20%
2016	0.00%	2.00%
2015	0.00%	2.40%
2014	0.00%	0.18%