Exchange-traded fund
iShares MSCI ACWI ex U.S. ETF
TickerACWX
Fund manager
BlackRock/iShares

Fossil fuel companiesare fueling the climate crisis.

Fossil fuel exposure of 11.51% 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
$36.69 MILLION
BHP Group Ltd
Carbon Underground 200Top 200 carbon reserves
$23.94 MILLION
TotalEnergies SE
Carbon Underground 200Top 200 carbon reserves
$22.76 MILLION
BP PLC
Carbon Underground 200Top 200 carbon reserves
$18.09 MILLION
Canadian Natural Resources Ltd
Carbon Underground 200Top 200 carbon reserves
$11.47 MILLION
Glencore PLC
Carbon Underground 200Top 200 carbon reserves
$9.51 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
69
holdings
$264.08M
invested
6.63%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
62
holdings
$142.09M
invested
3.57%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
101
holdings
$330.29M
invested
8.29%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
15
holdings
$21.59M
invested
0.54%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
101
holdings
$145.04M
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
192 holdings
192 holdings
  • 1. Shell PLC
    Carbon Underground 200Oil/gas industry
    $36.69M
    0.92%
  • 2. BHP Group Ltd
    Carbon Underground 200Coal industryOil/gas industry
    $23.94M
    0.6%
  • 3. TotalEnergies SE
    Carbon Underground 200Oil/gas industry
    $22.76M
    0.57%
  • 4. Reliance Industries Ltd
    Oil/gas industry
    $18.1M
    0.45%
  • 5. BP PLC
    Carbon Underground 200Oil/gas industry
    $18.09M
    0.45%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
iShares MSCI ACWI ex U.S. ETF $ACWX is 12% invested in fossil fuel stocks, with $458.18 MILLION invested across 192 equity holdings
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Financial performance
Performance data provided byMorningstarFind more financial data on ACWX at Morningstar.com
Current fund
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
BlackRock/iShares
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: 8/31/22
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:
Same
 10-yr returns 
0% same in annualized returns
Same in fossil fuels 
0% 
Same carbon footprint 
0 tonnes CO2e/$1M USD 
Same in Clean200 
0% 
Current fund
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
BlackRock/iShares
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: 8/31/22
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:
Same
 10-yr returns 
0% same in annualized returns
Same in fossil fuels 
0% 
Same carbon footprint 
0 tonnes CO2e/$1M USD 
Same in Clean200 
0% 
Current fund
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
BlackRock/iShares
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: 8/31/22
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:
Same
 10-yr returns 
0% same in annualized returns
Same in fossil fuels 
0% 
Same carbon footprint 
0 tonnes CO2e/$1M USD 
Same in Clean200 
0% 
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
ACWX - iShares MSCI ACWI ex U.S. ETF
-19.95%
2.44%
1.43%
4.3%
12% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
-19.95%
2.44%
1.43%
4.3%
12% 
Fund compared to benchmark
 
+0%
+0%
+0%
+0%
Same
Find more financial data on ACWX at Morningstar.com
What's next?
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