Fossil fuel companiesare fueling the climate crisis.


Cambria Global Value ETF

Shareclass
Cambria Global Value ETF (GVAL)
Type
Exchange-traded fund
Fossil fuel exposure of 20.52% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
Orlen SA
Carbon Underground 200Top 200 carbon reserves
$1.91 MILLION
OMV AG
Carbon Underground 200Top 200 carbon reserves
$1.86 MILLION
Anglo American PLC
Carbon Underground 200Top 200 carbon reserves
$1.83 MILLION
Polska Grupa Energetyczna SA
Carbon Underground 200Top 200 carbon reservesMacroclimate 50Top 50 coal-fired power
$1.82 MILLION
Shell PLC
Carbon Underground 200Top 200 carbon reserves
$1.8 MILLION
Ecopetrol SA
Carbon Underground 200Top 200 carbon reserves
$1.8 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
10
holdings
$18.07M
invested
8.89%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
9
holdings
$18.38M
invested
9.04%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
15
holdings
$29.22M
invested
14%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
1
holdings
$1.82M
invested
0.9%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
9
holdings
$18.67M
invested
9.18%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
22 holdings
22 holdings
  • 1. CEZ AS
    Coal industryOil/gas industryFossil-fired utility
    $4.19M
    2.06%
  • 2. Orlen SA
    Carbon Underground 200Oil/gas industryFossil-fired utility
    $1.91M
    0.94%
  • 3. Sembcorp Industries Ltd
    Oil/gas industryFossil-fired utility
    $1.86M
    0.92%
  • 4. OMV AG
    Carbon Underground 200Oil/gas industry
    $1.86M
    0.91%
  • 5. Grupo Energia Bogota SA ESP
    Fossil-fired utility
    $1.84M
    0.9%
See all



Financial performance
Performance data provided byMorningstarFind more financial data on GVAL at Morningstar.com
Current fund
GVAL
Cambria Global Value ETF
Family
CAMBRIA ETF TRUST
Category
Foreign Small/Mid Value
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: 5/31/25
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
 10-yr returns 
0.58% more in annualized returns
More invested in fossil fuels 
9.26% more invested
Lower fossil finance risk score 
24 points lower
Lower fossil insurance risk score 
11 points lower
Less invested in Clean200 
5.65% less invested
Current fund
GVAL
Cambria Global Value ETF
Family
CAMBRIA ETF TRUST
Category
Foreign Small/Mid Value
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: 5/31/25
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
 10-yr returns 
0.58% more in annualized returns
More invested in fossil fuels 
9.26% more invested
Lower fossil finance risk score 
24 points lower
Lower fossil insurance risk score 
11 points lower
Less invested in Clean200 
5.65% less invested
Current fund
GVAL
Cambria Global Value ETF
Family
CAMBRIA ETF TRUST
Category
Foreign Small/Mid Value
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: 5/31/25
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
 10-yr returns 
0.58% more in annualized returns
More invested in fossil fuels 
9.26% more invested
Lower fossil finance risk score 
24 points lower
Lower fossil insurance risk score 
11 points lower
Less invested in Clean200 
5.65% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
GVAL - Cambria Global Value ETF
22%
13%
14%
5.94%
21% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
13%
9.32%
10%
5.36%
11% 
Fund compared to benchmark
 
8.5%
3.91%
3.77%
0.58%
9.26%  higher
Find more financial data on GVAL at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit


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 2025 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