Exchange-traded fund
Vanguard ESG International Stock ETF
TickerVSGXsocially responsible
Fund manager
Vanguard

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As an asset manager, Vanguard has a fiduciary duty to act with the sole or best interests of beneficiaries. But Vanguard's decision to leave the Net Zero Asset Managers Initiative and refusal to address climate risk as a systemic risk in its investment strategies is a potential breach of the firm’s commitments to its clients.

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Fossil fuel companiesare fueling the climate crisis.

Fossil fuel exposure of 0.74% with investments in top 200 carbon reserve owners and/or top 30 coal-fired utilities places the fund in the C tier.

Methodology
C
Investments in major fossil fuel companies
NMDC Ltd
Carbon Underground 200Top 200 carbon reserves
$250,066
African Rainbow Minerals Ltd
Carbon Underground 200Top 200 carbon reserves
$181,821
National Aluminium Co Ltd
Carbon Underground 200Top 200 carbon reserves
$115,862
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
3
holdings
$547,749
invested
0.02%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
16
holdings
$5.15M
invested
0.15%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
21
holdings
$9.13M
invested
0.27%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
No direct stock holdings
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
49
holdings
$14.27M
invested
0.42%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
78 holdings
78 holdings
  • 1. Formosa Plastics Corp
    Coal industryFossil-fired utility
    $1.91M
    0.06%
  • 2. ENN Energy Holdings Ltd
    Fossil-fired utility
    $1.86M
    0.06%
  • 3. Norsk Hydro ASA
    Oil/gas industry
    $1.78M
    0.05%
  • 4. Mineral Resources Ltd
    Oil/gas industry
    $1.51M
    0.04%
  • 5. DCC PLC
    Oil/gas industry
    $1.19M
    0.04%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
Vanguard ESG International Stock ETF $VSGX is 0.74% invested in fossil fuel stocks, with $24.75 MILLION invested across 78 equity holdings
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Financial performance
Performance data provided byMorningstarFind more financial data on VSGX at Morningstar.com
Current fund
VSGX
Vanguard ESG International Stock ETF
Family
Vanguard
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: 4/30/23
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
 3-yr returns 
-1.1% less in annualized returns
Less invested in fossil fuels 
10.1% less invested
Higher fossil finance risk score 
1 points higher
Higher fossil insurance risk score 
2 points higher
Less invested in Clean200 
0.62% less invested
Current fund
VSGX
Vanguard ESG International Stock ETF
Family
Vanguard
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: 4/30/23
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
 3-yr returns 
-1.1% less in annualized returns
Less invested in fossil fuels 
10.1% less invested
Higher fossil finance risk score 
1 points higher
Higher fossil insurance risk score 
2 points higher
Less invested in Clean200 
0.62% less invested
Current fund
VSGX
Vanguard ESG International Stock ETF
Family
Vanguard
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: 4/30/23
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
 3-yr returns 
-1.1% less in annualized returns
Less invested in fossil fuels 
10.1% less invested
Higher fossil finance risk score 
1 points higher
Higher fossil insurance risk score 
2 points higher
Less invested in Clean200 
0.62% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
VSGX - Vanguard ESG International Stock ETF
2.3%
8.72%
/
/
0.74% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
4.3%
9.82%
2.45%
3.89%
11% 
Fund compared to benchmark
 
-2%
-1.1%
/
/
10%  lower
Find more financial data on VSGX at Morningstar.com
What's next?
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Ask your employer about fossil free options for your retirement plan
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