Fossil fuel companiesare fueling the climate crisis.


WisdomTree Emerging Markets ex-State-Owned Enterprises Fund

Shareclass
WisdomTree EmMkts ex-Stt-Ownd EntrprsETF (XSOE)
Type
Exchange-traded fund
Manager
Fossil fuel exposure of 6.69% places the fund in the D tier, between 5.5% and 9% exposure.

Methodology
D
Investments in major fossil fuel companies
Tata Steel Ltd
Carbon Underground 200Top 200 carbon reserves
$4.32 MILLION
PRIO SA
Carbon Underground 200Top 200 carbon reserves
$2.53 MILLION
Adani Enterprises Ltd
Carbon Underground 200Top 200 carbon reserves
$2.3 MILLION
Tata Power Co Ltd
Carbon Underground 200Top 200 carbon reserves
$1.91 MILLION
Adani Power Ltd
Macroclimate 50Top 50 coal-fired power
$1.91 MILLION
China Hongqiao Group Ltd
Macroclimate 50Top 50 coal-fired power
$1.7 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
10
holdings
$16.13M
invested
0.78%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
26
holdings
$56.92M
invested
2.74%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
30
holdings
$66.99M
invested
3.22%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
4
holdings
$5.82M
invested
0.28%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
36
holdings
$67.42M
invested
3.24%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
63 holdings
63 holdings
  • 1. Reliance Industries Ltd GDR - 144A
    Oil/gas industry
    $29.04M
    1.4%
  • 2. Grupo Mexico SAB de CV Class B
    Coal industry
    $6.23M
    0.3%
  • 3. Hyundai Motor Co
    Oil/gas industry
    $5.04M
    0.24%
  • 4. Doosan Enerbility Co Ltd
    Coal industryFossil-fired utility
    $4.95M
    0.24%
  • 5. Press Metal Aluminium Holdings Bhd
    Fossil-fired utility
    $4.73M
    0.23%
See all



Financial performance
Performance data provided byMorningstarFind more financial data on XSOE at Morningstar.com
Current fund
XSOE
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
Family
WisdomTree
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: 9/30/25
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
 10-yr returns 
0.03% more in annualized returns
Less invested in fossil fuels 
4.64% less invested
Lower fossil finance risk score 
32 points lower
Lower fossil insurance risk score 
8 points lower
More invested in Clean200 
3.17% more invested
Current fund
XSOE
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
Family
WisdomTree
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: 9/30/25
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
 10-yr returns 
0.03% more in annualized returns
Less invested in fossil fuels 
4.64% less invested
Lower fossil finance risk score 
32 points lower
Lower fossil insurance risk score 
8 points lower
More invested in Clean200 
3.17% more invested
Current fund
XSOE
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
Family
WisdomTree
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: 9/30/25
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
 10-yr returns 
0.03% more in annualized returns
Less invested in fossil fuels 
4.64% less invested
Lower fossil finance risk score 
32 points lower
Lower fossil insurance risk score 
8 points lower
More invested in Clean200 
3.17% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
XSOE - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
14%
17%
4.22%
8.16%
6.69% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
17%
21%
10%
8.13%
11% 
Fund compared to benchmark
 
-2.76%
-4.3%
-5.96%
0.03%
4.64%  lower
Find more financial data on XSOE at Morningstar.com
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