Fossil fuel companiesare fueling the climate crisis.


Avantis International Equity ETF

Shareclass
Avantis International Equity ETF (AVDE)
Type
Exchange-traded fund
Fossil fuel exposure of 12.13% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
Shell PLC ADR (Representing - Ordinary Shares)
Carbon Underground 200Top 200 carbon reserves
$53.12 MILLION
TotalEnergies SE ADR
Carbon Underground 200Top 200 carbon reserves
$36.61 MILLION
BP PLC ADR
Carbon Underground 200Top 200 carbon reserves
$31.49 MILLION
BHP Group Ltd ADR
Carbon Underground 200Top 200 carbon reserves
$24.75 MILLION
Canadian Natural Resources Ltd
Carbon Underground 200Top 200 carbon reserves
$19.28 MILLION
Suncor Energy Inc
Carbon Underground 200Top 200 carbon reserves
$18.14 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
51
holdings
$363.54M
invested
6.1%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
36
holdings
$136.27M
invested
2.29%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
188
holdings
$592.62M
invested
9.94%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
4
holdings
$12.81M
invested
0.21%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
70
holdings
$195.72M
invested
3.28%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
238 holdings
238 holdings
  • 1. Shell PLC ADR (Representing - Ordinary Shares)
    Carbon Underground 200Oil/gas industry
    $53.12M
    0.89%
  • 2. TotalEnergies SE ADR
    Carbon Underground 200Oil/gas industry
    $36.61M
    0.61%
  • 3. BP PLC ADR
    Carbon Underground 200Oil/gas industry
    $31.49M
    0.53%
  • 4. BHP Group Ltd ADR
    Carbon Underground 200Coal industry
    $24.75M
    0.42%
  • 5. Canadian Natural Resources Ltd
    Carbon Underground 200Oil/gas industry
    $19.28M
    0.32%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
Avantis International Equity ETF $AVDE is 12% ($722.91 MILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on AVDE at Morningstar.com
Current fund
AVDE
Avantis International Equity ETF
Family
Avantis Investors
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 5-yr returns 
2.83% more in annualized returns
More invested in fossil fuels 
0.35% more invested
Lower fossil finance risk score 
2 points lower
Higher fossil insurance risk score 
2 points higher
Less invested in Clean200 
3.63% less invested
Current fund
AVDE
Avantis International Equity ETF
Family
Avantis Investors
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 5-yr returns 
2.83% more in annualized returns
More invested in fossil fuels 
0.35% more invested
Lower fossil finance risk score 
2 points lower
Higher fossil insurance risk score 
2 points higher
Less invested in Clean200 
3.63% less invested
Current fund
AVDE
Avantis International Equity ETF
Family
Avantis Investors
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 5-yr returns 
2.83% more in annualized returns
More invested in fossil fuels 
0.35% more invested
Lower fossil finance risk score 
2 points lower
Higher fossil insurance risk score 
2 points higher
Less invested in Clean200 
3.63% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
AVDE - Avantis International Equity ETF
7.48%
6.44%
14%
/
12% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
6.75%
4.94%
11%
4.92%
12% 
Fund compared to benchmark
 
0.73%
1.5%
2.83%
/
0.35%  higher
Find more financial data on AVDE at Morningstar.com
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