iShares MSCI Emerging Markets ETF
Fund offered by:
BlackRock/iShares
Ticker: EEM
Fossil fuel grade: Fossil fuel exposure of 7.55% places the fund in the range of between 5.5% and 9% exposure. Assigned a grade of D.Fossil fuel exposure of 7.55% places the fund in the range of between 5.5% and 9% exposure. Assigned a grade of D.How we track fossil fuel investments
D
$2.23 BILLION
in fossil fuel investments
108
fossil fuel stocks found
7.55%
of assets flagged
Data as of 2/26/21
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. When calculating a portfolio's exposure to a screen list, we only consider long investments, ignoring any shorts or liabilities.
Producers energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
32
holdings
$1.08B
invested
3.65%
of portfolio
Coal industry
Coal industry
Coal miners and owners of coal reserves
25
holdings
$570.47M
invested
1.93%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
49
holdings
$1.32B
invested
4.47%
of portfolio
Consumers utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
8
holdings
$72.43M
invested
0.25%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Electric utilities powered by coal and natural gas
53
holdings
$875.29M
invested
2.97%
of portfolio
Investments in major fossil fuel companies:
Vale SA
Carbon Underground 200 Top 200 carbon reserves
$224.88M invested
Gazprom PJSC
Carbon Underground 200 Top 200 carbon reserves
$120.3M invested
PJSC Lukoil
Carbon Underground 200 Top 200 carbon reserves
$111.94M invested
Saudi Arabian Oil Co
Carbon Underground 200 Top 200 carbon reserves
$70.8M invested
Petroleo Brasileiro SA Petrobras Participating Preferred
Carbon Underground 200 Top 200 carbon reserves
$69.14M invested
NOVATEK PJSC GDR
Carbon Underground 200 Top 200 carbon reserves
$55.25M invested
All fossil fuel companies
108 holdings
108 holdings
  • 1. Reliance Industries Ltd
    Oil/gas industryFossil-fired utility
    $290.09M
    0.98%
  • 2. Vale SA
    Carbon Underground 200Coal industry
    $224.88M
    0.76%
  • 3. Gazprom PJSC
    Carbon Underground 200Oil/gas industry
    $120.3M
    0.41%
  • 4. PJSC Lukoil
    Carbon Underground 200Oil/gas industry
    $111.94M
    0.38%
  • 5. Saudi Arabian Oil Co
    Carbon Underground 200Oil/gas industry
    $70.8M
    0.24%
See all
Share to spread the word that business as usual is killing the climate.
iShares MSCI Emerging Markets ETF $EEM is 7.55% invested in fossil fuel stocks, with $2.23 BILLION invested across 108 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: 2/28/21
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 
-0.84% less in annualized returns
Less invested in fossil fuels 
0.96% less invested
Higher carbon footprint 
56 tonnes CO2e/$1M USD higher
Less invested in Clean200 
4.72% 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: 2/28/21
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 
-0.84% less in annualized returns
Less invested in fossil fuels 
0.96% less invested
Higher carbon footprint 
56 tonnes CO2e/$1M USD higher
Less invested in Clean200 
4.72% 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: 2/28/21
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 
-0.84% less in annualized returns
Less invested in fossil fuels 
0.96% less invested
Higher carbon footprint 
56 tonnes CO2e/$1M USD higher
Less invested in Clean200 
4.72% 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
35%
5.71%
15%
3.76%
7.55% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
26%
5.32%
11%
4.59%
8.51% 
Fund compared to benchmark
 
8.96%
0.39%
3.49%
-0.84%
0.96%  lower
Find more financial data on EEM at Morningstar.com
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