Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) is a ESG ETF. As of October 9, 2026, ETF Copilot scores USNZ 7.5 out of 10 — highest on Quality (9.3), lowest on Value (5.5). It trades at 25.5 times earnings, against its own median of 25.8. Its ten largest holdings are 46% of the fund.
What stands out in USNZ's data
U.S. companies screened for climate alignment and capital efficiency.
Earns more on its capital than most peers — a sign of real pricing power in a climate-focused portfolio.
Return on invested capital of 28.9% sits above the category median of 24.8% and its own historical median of 25.2%. Trades at 25.5x trailing earnings, below the typical peer.
A focused sleeve for a portfolio that wants climate goals without sacrificing profitability.
Why did USNZ move this week? It rose 0.9% in the week to October 9, 2026 — Microsoft and Amazon.com drove it
USNZ rose 0.9% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Amazon.com (+4.3%) and Alphabet (+2.4%); Nvidia (−2.0%) pushed the other way.
How is USNZ rated? ETF Copilot scores Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) 7.5 out of 10
As of October 9, 2026, ETF Copilot scores Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) 7.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 7.5 / 10
- Growth: 8.1 / 10
- Value: 5.5 / 10
- Risk: 7.7 / 10
- Quality: 9.3 / 10
- Return: 6.6 / 10
Is USNZ expensive right now? It trades at 25.5 times earnings, against its own median of 25.8
As of October 9, 2026, USNZ is cheaper than 60% of its own last 4 years.
Trailing 12 months, built from USNZ's holdings. How we calculate this →
What's inside USNZ? 53% Tech
What's inside USNZ: Size (Large 96%, Mid 4%, Small 0%); Geography (International 3%, US 97%); Tech 53.2%; Magnificent 7 41.4%; AI 28.1%; Semiconductors 22.1%; Memory 18.3%.
What are USNZ's top holdings? The ten largest are 46% of the fund
Nvidia, Apple, Microsoft, Amazon.com, Alphabet, Broadcom, Facebook, Micron Technology and Tesla are USNZ's largest holdings, in that order.
More concentrated than 73% of ESG ETFs.
Half of USNZ's weight sits in its 13 largest positions, and once those weights are taken into account it behaves like 31 equally weighted holdings.
What is USNZ's expense ratio? 0.10% a year
As of October 9, 2026, USNZ charges 0.10% a year, yields 0.89% and holds $303M in assets across 296 positions.
| Measure | USNZ |
|---|---|
| Expense ratio | 0.10% |
| Dividend yield | 0.89% |
| Assets under management | $303M |
| Holdings | 296 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/usnz
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