Fossil fuel companiesare fueling the climate crisis.


BlackRock Equity Dividend Fund

Shareclass
BlackRock Equity Dividend Instl (MADVX)
Type
Open-end mutual fund
Fossil fuel exposure of 12.55% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
Shell PLC
Carbon Underground 200Top 200 carbon reserves
$448.99 MILLION
BP PLC
Carbon Underground 200Top 200 carbon reserves
$382.85 MILLION
Suncor Energy Inc
Carbon Underground 200Top 200 carbon reserves
$190.96 MILLION
American Electric Power Co Inc
Macroclimate 30Top 30 coal-fired power
$181.6 MILLION
Chevron Corp
Carbon Underground 200Top 200 carbon reserves
$118.17 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
4
holdings
$1.14B
invested
6.16%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
1
holdings
$181.6M
invested
0.98%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
10
holdings
$2.03B
invested
11%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
1
holdings
$181.6M
invested
0.98%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
6
holdings
$674.31M
invested
3.64%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
13 holdings
13 holdings
  • 1. Shell PLC
    Carbon Underground 200Oil/gas industry
    $448.99M
    2.42%
  • 2. BP PLC
    Carbon Underground 200Oil/gas industry
    $382.85M
    2.07%
  • 3. Enterprise Products Partners LP
    Oil/gas industry
    $278.32M
    1.5%
  • 4. Suncor Energy Inc
    Carbon Underground 200Oil/gas industry
    $190.96M
    1.03%
  • 5. American Electric Power Co Inc
    Coal industryOil/gas industryMacroclimate 30Fossil-fired utility
    $181.6M
    0.98%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
BlackRock Equity Dividend Fund $MADVX is 13% ($2.32 BILLION) invested in fossil fuel stocks
Tweet 
Financial performance
Performance data provided byMorningstarFind more financial data on MADVX at Morningstar.com
Current fund
MADVX
BlackRock Equity Dividend Fund
Family
BlackRock/iShares
Category
Large Value
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-3.19% less in annualized returns
More invested in fossil fuels 
4.04% more invested
Higher fossil finance risk score 
43 points higher
Lower fossil insurance risk score 
2 points lower
Less invested in Clean200 
9.76% less invested
Current fund
MADVX
BlackRock Equity Dividend Fund
Family
BlackRock/iShares
Category
Large Value
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-3.19% less in annualized returns
More invested in fossil fuels 
4.04% more invested
Higher fossil finance risk score 
43 points higher
Lower fossil insurance risk score 
2 points lower
Less invested in Clean200 
9.76% less invested
Current fund
MADVX
BlackRock Equity Dividend Fund
Family
BlackRock/iShares
Category
Large Value
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-3.19% less in annualized returns
More invested in fossil fuels 
4.04% more invested
Higher fossil finance risk score 
43 points higher
Lower fossil insurance risk score 
2 points lower
Less invested in Clean200 
9.76% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
MADVX - BlackRock Equity Dividend Fund
13%
8.71%
10%
9.47%
13% 
Benchmark
IVV - iShares Core S&P 500 ETF
30%
12%
15%
13%
8.51% 
Fund compared to benchmark
 
-17.19%
-3.17%
-4.53%
-3.19%
4.04%  higher
Find more financial data on MADVX at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit
Ask your employer about fossil free options for your retirement plan
Find sustainable funds that are A-grade fossil free
Divest Invest invites you to join them in pledging to invest fossil free
Visit Deforestation Free Funds to see exposure to rainforest destruction
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco


We offer sustainable investment tools that highlight issues dealing with climate change, gender equality and more

About us

Invest Your Values is funded by contributions to As You Sow, a non-profit 501(c)3.

Donate

Invest Your Values is a project by As You Sow, a 501(c)3 nonprofit empowering shareholders to change corporations for good

Visit As You Sow

Legal    
© Copyright 2024 As You Sow. All rights reserved.
Main Post Office, PO Box 751, Berkeley, CA 94701

Connect with As You Sow

Contact us      

Disclaimer: As You Sow is not an investment adviser

As You Sow is not an investment adviser as that term is defined under federal and state (California) laws and regulations. As You Sow is a tax-exempt, nonprofit organization dedicated to educating and empowering shareholders to change corporations for the good through the collection, analysis and dissemination of relevant information to the public, free of charge. As You Sow does not provide financial planning, legal or tax advice. Nothing on this website shall constitute or be construed as an offering of financial instruments, or as investment advice or investment recommendations.
See our full disclaimer