Fossil fuel companiesare fueling the climate crisis.


SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF

Shareclass
SPDR® MSCI EAFE Fssl Ful Free RsrvETF (EFAX)
Type
Exchange-traded fund
Fossil fuel exposure of 3.72% places the fund in the C tier, between 3% and 5.5% exposure.

Methodology
C
Investments in major fossil fuel companies
Enel SpA
Macroclimate 30Top 30 coal-fired power
$928,160
Anglo American PLC
Carbon Underground 200Top 200 carbon reserves
$509,178
Nippon Steel Corp
Carbon Underground 200Top 200 carbon reserves
$346,803
ArcelorMittal SA Depository Receipt
Carbon Underground 200Top 200 carbon reserves
$236,487
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
3
holdings
$1.09M
invested
0.44%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
7
holdings
$1.54M
invested
0.62%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
22
holdings
$7.79M
invested
3.15%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
1
holdings
$928,160
invested
0.38%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
15
holdings
$3.85M
invested
1.56%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
30 holdings
30 holdings
  • 1. Siemens AG
    Oil/gas industry
    $2.28M
    0.92%
  • 2. Enel SpA
    Oil/gas industryMacroclimate 30Fossil-fired utility
    $928,160
    0.38%
  • 3. National Grid PLC
    Oil/gas industryFossil-fired utility
    $844,330
    0.34%
  • 4. Partners Group Holding AG
    Oil/gas industry
    $516,867
    0.21%
  • 5. Anglo American PLC
    Carbon Underground 200Coal industry
    $509,178
    0.21%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF $EFAX is 3.72% ($9.19 MILLION) invested in fossil fuel stocks
Tweet 
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
State Street
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: 1/31/24
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 
1.84% more in annualized returns
Less invested in fossil fuels 
8.34% less invested
Lower fossil finance risk score 
3 points lower
Higher fossil insurance risk score 
7 points higher
More invested in Clean200 
1.22% more invested
Current fund
EFAX
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
Family
State Street
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: 1/31/24
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 
1.84% more in annualized returns
Less invested in fossil fuels 
8.34% less invested
Lower fossil finance risk score 
3 points lower
Higher fossil insurance risk score 
7 points higher
More invested in Clean200 
1.22% more invested
Current fund
EFAX
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
Family
State Street
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: 1/31/24
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 
1.84% more in annualized returns
Less invested in fossil fuels 
8.34% less invested
Lower fossil finance risk score 
3 points lower
Higher fossil insurance risk score 
7 points higher
More invested in Clean200 
1.22% 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%
3.62%
6.83%
/
3.72% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
4.43%
0.74%
4.99%
4.02%
12% 
Fund compared to benchmark
 
5.6%
2.88%
1.84%
/
8.34%  lower
Find more financial data on EFAX at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit
Ask your employer about fossil free options for your retirement plan
Find sustainable funds that are A-grade fossil free
Divest Invest invites you to join them in pledging to invest fossil free
Visit Deforestation Free Funds to see exposure to rainforest destruction
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco


We offer sustainable investment tools that highlight issues dealing with climate change, gender equality and more

About us

Invest Your Values is funded by contributions to As You Sow, a non-profit 501(c)3.

Donate

Invest Your Values is a project by As You Sow, a 501(c)3 nonprofit empowering shareholders to change corporations for good

Visit As You Sow

Legal    
© Copyright 2024 As You Sow. All rights reserved.
Main Post Office, PO Box 751, Berkeley, CA 94701

Connect with As You Sow

Contact us      

Disclaimer: As You Sow is not an investment adviser

As You Sow is not an investment adviser as that term is defined under federal and state (California) laws and regulations. As You Sow is a tax-exempt, nonprofit organization dedicated to educating and empowering shareholders to change corporations for the good through the collection, analysis and dissemination of relevant information to the public, free of charge. As You Sow does not provide financial planning, legal or tax advice. Nothing on this website shall constitute or be construed as an offering of financial instruments, or as investment advice or investment recommendations.
See our full disclaimer