iShares MSCI Emerging Markets ETF
Fund offered by:
BlackRock/iShares
Ticker: EEM
Fossil fuel grade: Fossil fuel exposure of 8.39% places the fund in the D grade range of between 7% and 11% exposure.Fossil fuel exposure of 8.39% places the fund in the D grade range of between 7% and 11% exposure.How we track fossil fuel investments
D
$2.04 BILLION
in fossil fuel investments
Fossil free badges
0 out of 5 badges
Legacy grade: Funds can earn up to five badges for avoiding stock investments in different fossil fuel sectors.
120
fossil fuel stocks found
8.39%
of assets flagged
Data as of 8/31/20
Fossil fuel holdings
  For each fossil fuel category, we show the fund's exposure, if we found any.
Click a category to see the breakdown of companies in the pie chart and list below.
Producers energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
4.06%
of assets
36
holdings
$988.1M
invested
Coal industry
Coal industry
Coal miners and owners of coal reserves
1.84%
of assets
29
holdings
$447.11M
invested
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
5.34%
of assets
53
holdings
$1.3B
invested
Consumers utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
0.2%
of assets
8
holdings
$48.81M
invested
Fossil-fired utilities
Fossil-fired utilities
Electric utilities powered by coal and natural gas
3.4%
of assets
60
holdings
$826.8M
invested
All fossil fuel companies
120 holdings
120 holdings
  • 1. Reliance Industries Ltd
    Oil/gas industryFossil-fired utility
    1.21% of assets
    $295.76M invested
  • 2. Vale SA
    Carbon Underground 200Coal industry
    0.61% of assets
    $147.44M invested
  • 3. PJSC Lukoil
    Carbon Underground 200Oil/gas industry
    0.42% of assets
    $102.99M invested
  • 4. Gazprom PJSC
    Carbon Underground 200Oil/gas industry
    0.41% of assets
    $98.98M invested
  • 5. CNOOC Ltd
    Carbon Underground 200Oil/gas industry
    0.31% of assets
    $74.39M invested
See all
Share to spread the word that business as usual is killing the climate.
iShares MSCI Emerging Markets ETF $EEM is 8.39% invested in fossil fuel stocks, with $2.04 BILLION invested across 120 equity holdings
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Financial performance
Performance data provided byMorningstarFind more financial data on EEM at Morningstar.com
Current fund
EEM
iShares MSCI Emerging Markets ETF
Family
BlackRock/iShares
Category
Diversified Emerging Mkts
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: 8/31/20
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:
Lower
 10-yr returns 
-1.93% less in annualized returns
Less invested in fossil fuels 
0.15% less invested
Higher carbon footprint 
51 tonnes CO2e/$1M USD higher
Less invested in Clean200 
5.61% less invested
Current fund
EEM
iShares MSCI Emerging Markets ETF
Family
BlackRock/iShares
Category
Diversified Emerging Mkts
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: 8/31/20
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:
Lower
 10-yr returns 
-1.93% less in annualized returns
Less invested in fossil fuels 
0.15% less invested
Higher carbon footprint 
51 tonnes CO2e/$1M USD higher
Less invested in Clean200 
5.61% less invested
Current fund
EEM
iShares MSCI Emerging Markets ETF
Family
BlackRock/iShares
Category
Diversified Emerging Mkts
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: 8/31/20
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:
Lower
 10-yr returns 
-1.93% less in annualized returns
Less invested in fossil fuels 
0.15% less invested
Higher carbon footprint 
51 tonnes CO2e/$1M USD higher
Less invested in Clean200 
5.61% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
EEM - iShares MSCI Emerging Markets ETF
14%
2.24%
8.05%
3.16%
8.39% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
7.98%
2.55%
5.63%
5.09%
8.53% 
Fund compared to benchmark
 
5.84%
-0.3%
2.41%
-1.93%
0.15%  lower
Find more financial data on EEM at Morningstar.com
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