Exchange-traded fund
SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF
Fund manager
SPDR State Street Global Advisors
Ticker EEMXsocially responsible
Fossil fuel grade: Fossil fuel exposure of 3.54% places the fund in the range of between 3% and 5.5% exposure. Assigned a grade of C.Fossil fuel exposure of 3.54% places the fund in the range of between 3% and 5.5% exposure. Assigned a grade of C.How we track fossil fuel investments
C
Investments in major fossil fuel companies
Tata Steel Ltd
Carbon Underground 200Top 200 carbon reserves
$255,598
Huaneng Power International Inc Class H
Macroclimate 30Top 30 coal-fired power
$142,388
Southern Copper Corp
Carbon Underground 200Top 200 carbon reserves
$70,676
Fossil fuel holdings
Producers energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
2
holdings
$326,274
invested
0.27%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
11
holdings
$1.74M
invested
1.43%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
9
holdings
$993,036
invested
0.81%
of portfolio
Consumers utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
1
holdings
$142,388
invested
0.12%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
18
holdings
$2.91M
invested
2.38%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
31 holdings
31 holdings
  • 1. POSCO Holdings Inc
    Coal industryFossil-fired utility
    $432,350
    0.35%
  • 2. Equatorial Energia SA
    Fossil-fired utility
    $329,429
    0.27%
  • 3. Taiwan Cement Corp
    Fossil-fired utility
    $280,232
    0.23%
  • 4. Larsen & Toubro Ltd
    Fossil-fired utility
    $277,262
    0.23%
  • 5. Tata Steel Ltd
    Carbon Underground 200Coal industry
    $255,598
    0.21%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF $EEMX is 3.54% invested in fossil fuel stocks, with $4.33 MILLION invested across 31 equity holdings
Tweet 
Financial performance
Performance data provided byMorningstarFind more financial data on EEMX at Morningstar.com
Current fund
EEMX
SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF
Family
SPDR State Street Global Advisors
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: 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 
-0.27% less in annualized returns
Less invested in fossil fuels 
7.77% less invested
Higher carbon footprint 
17 tonnes CO2e/$1M USD higher
Less invested in Clean200 
0.1% less invested
Current fund
EEMX
SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF
Family
SPDR State Street Global Advisors
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: 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 
-0.27% less in annualized returns
Less invested in fossil fuels 
7.77% less invested
Higher carbon footprint 
17 tonnes CO2e/$1M USD higher
Less invested in Clean200 
0.1% less invested
Current fund
EEMX
SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF
Family
SPDR State Street Global Advisors
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: 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 
-0.27% less in annualized returns
Less invested in fossil fuels 
7.77% less invested
Higher carbon footprint 
17 tonnes CO2e/$1M USD higher
Less invested in Clean200 
0.1% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
EEMX - SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF
-17.7%
2.8%
4.34%
/
3.54% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
-11.36%
3.75%
4.61%
4.79%
11% 
Fund compared to benchmark
 
-6.34%
-0.95%
-0.27%
/
7.77%  lower
Find more financial data on EEMX 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 2022 As You Sow. All rights reserved.
2020 Milvia St, Suite #500, Berkeley, CA 94704

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