Fossil fuel companiesare fueling the climate crisis.


JPMorgan BetaBuilders Europe ETF

Shareclass
JPMorgan BetaBuilders Europe ETF (BBEU)
Type
Exchange-traded fund
Manager
Fossil fuel exposure of 10.39% 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
$73.37 MILLION
TotalEnergies SE
Carbon Underground 200Top 200 carbon reserves
$44.23 MILLION
BP PLC
Carbon Underground 200Top 200 carbon reserves
$27.27 MILLION
Anglo American PLC
Carbon Underground 200Top 200 carbon reserves
$12.45 MILLION
Glencore PLC
Carbon Underground 200Top 200 carbon reserves
$12.2 MILLION
Eni SpA
Carbon Underground 200Top 200 carbon reserves
$11.3 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
16
holdings
$220.89M
invested
5.14%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
5
holdings
$39.54M
invested
0.92%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
29
holdings
$393.91M
invested
9.16%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
No direct stock holdings
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
15
holdings
$123.71M
invested
2.88%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
38 holdings
38 holdings
  • 1. Shell PLC
    Carbon Underground 200Oil/gas industry
    $73.37M
    1.71%
  • 2. Siemens AG
    Oil/gas industry
    $63.71M
    1.48%
  • 3. TotalEnergies SE
    Carbon Underground 200Oil/gas industry
    $44.23M
    1.03%
  • 4. BP PLC
    Carbon Underground 200Oil/gas industry
    $27.27M
    0.63%
  • 5. National Grid PLC
    Oil/gas industryFossil-fired utility
    $26.53M
    0.62%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
JPMorgan BetaBuilders Europe ETF $BBEU is 10% ($446.89 MILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on BBEU at Morningstar.com
Current fund
BBEU
JPMorgan BetaBuilders Europe ETF
Family
JPMorgan
Category
Europe Stock
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: 4/30/25
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
 5-yr returns 
3.28% more in annualized returns
Less invested in fossil fuels 
1.01% less invested
Lower fossil finance risk score 
1 points lower
Higher fossil insurance risk score 
10 points higher
More invested in Clean200 
4.69% more invested
Current fund
BBEU
JPMorgan BetaBuilders Europe ETF
Family
JPMorgan
Category
Europe Stock
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: 4/30/25
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
 5-yr returns 
3.28% more in annualized returns
Less invested in fossil fuels 
1.01% less invested
Lower fossil finance risk score 
1 points lower
Higher fossil insurance risk score 
10 points higher
More invested in Clean200 
4.69% more invested
Current fund
BBEU
JPMorgan BetaBuilders Europe ETF
Family
JPMorgan
Category
Europe Stock
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: 4/30/25
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
 5-yr returns 
3.28% more in annualized returns
Less invested in fossil fuels 
1.01% less invested
Lower fossil finance risk score 
1 points lower
Higher fossil insurance risk score 
10 points higher
More invested in Clean200 
4.69% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
BBEU - JPMorgan BetaBuilders Europe ETF
15%
12%
13%
/
10% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
13%
8.32%
10%
4.72%
11% 
Fund compared to benchmark
 
2.53%
3.6%
3.28%
/
1.01%  lower
Find more financial data on BBEU at Morningstar.com
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