Exchange-traded fund
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
Fund manager
SPDR State Street Global Advisors
Ticker EFAXsocially responsible
Fossil fuel grade: Fossil fuel exposure of 2.17% places the fund in the range of between 0% and 3% exposure. Assigned a grade of B.Fossil fuel exposure of 2.17% places the fund in the range of between 0% and 3% exposure. Assigned a grade of B.How we track fossil fuel investments
B
Investments in major fossil fuel companies
ArcelorMittal SA ADR
Carbon Underground 200Top 200 carbon reserves
$323,501
Tokyo Electric Power Co Holdings
Macroclimate 30Top 30 coal-fired power
$87,830
Uniper SE
Macroclimate 30Top 30 coal-fired power
$40,715
Fossil fuel holdings
Producers energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
1
holdings
$323,501
invested
0.14%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
5
holdings
$849,349
invested
0.36%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
10
holdings
$2.24M
invested
0.94%
of portfolio
Consumers utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
2
holdings
$128,545
invested
0.05%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
18
holdings
$4.06M
invested
1.71%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
24 holdings
24 holdings
  • 1. National Grid PLC
    Fossil-fired utility
    $936,213
    0.39%
  • 2. Enel SpA
    Oil/gas industryFossil-fired utility
    $921,274
    0.39%
  • 3. E.ON SE
    Fossil-fired utility
    $404,496
    0.17%
  • 4. ArcelorMittal SA ADR
    Carbon Underground 200Coal industry
    $323,501
    0.14%
  • 5. Neste Corp
    Oil/gas industry
    $315,418
    0.13%
See all
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Business as usual is fueling climate destruction.
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF $EFAX is 2.17% invested in fossil fuel stocks, with $5.16 MILLION invested across 24 equity holdings
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Financial performance
Performance data provided byMorningstarFind more financial data on EFAX at Morningstar.com
Current fund
EFAX
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
Family
SPDR State Street Global Advisors
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: 4/30/22
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:
Lower
 5-yr returns 
-0.21% less in annualized returns
Less invested in fossil fuels 
9.15% less invested
Lower carbon footprint 
89 tonnes CO2e/$1M USD lower
More invested in Clean200 
1.29% more invested
Current fund
EFAX
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
Family
SPDR State Street Global Advisors
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: 4/30/22
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:
Lower
 5-yr returns 
-0.21% less in annualized returns
Less invested in fossil fuels 
9.15% less invested
Lower carbon footprint 
89 tonnes CO2e/$1M USD lower
More invested in Clean200 
1.29% more invested
Current fund
EFAX
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
Family
SPDR State Street Global Advisors
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: 4/30/22
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:
Lower
 5-yr returns 
-0.21% less in annualized returns
Less invested in fossil fuels 
9.15% less invested
Lower carbon footprint 
89 tonnes CO2e/$1M USD lower
More invested in Clean200 
1.29% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
EFAX - SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
-10.01%
4.43%
4.4%
/
2.17% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
-11.36%
3.75%
4.61%
4.79%
11% 
Fund compared to benchmark
 
1.35%
0.68%
-0.21%
/
9.15%  lower
Find more financial data on EFAX at Morningstar.com
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