iShares MSCI ACWI ex U.S. ETF

Shareclass
iShares MSCI ACWI ex US ETF (ACWX)
Type
Exchange-traded fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
14.01%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
133
holdings flagged
14%
of assets flagged
This fund contains
 $635.75 MILLION invested 
in holdings flagged for deforestation risk
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producers
Commodity producers
38 holdings
1.49% of assets
$67.89 MILLION invested
banks
Banks and lenders
31 holdings
4.79% of assets
$218.81 MILLION invested
consumers
Major consumer brands
73 holdings
8.12% of assets
$371.31 MILLION invested
Commodity producers
Commodity producers
38 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
38 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Mitsubishi Corp
    Palm oil producer
    0.29%0.29% of portfolio
    $13.14M$13.14M invested
    Palm oil producer
  • 2. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.2%0.2% of portfolio
    $9.11M$9.11M invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 3. Glencore PLC
    Soy producerPalm oil producer
    0.19%0.19% of portfolio
    $8.83M$8.83M invested
    Soy producerPalm oil producer
  • 4. Marubeni Corp
    Timber producerRubber producerPaper/pulp producer
    0.09%0.09% of portfolio
    $4.2M$4.2M invested
    Timber producerRubber producerPaper/pulp producer
  • 5. POSCO Holdings Inc
    Palm oil producer
    0.09%0.09% of portfolio
    $4.07M$4.07M invested
    Palm oil producer
View next 5
Banks and lenders
Banks and lenders
31 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
31 HOLDINGS
  • % of portfolio
    $ invested
  • 1. HSBC Holdings PLC
    0.58%0.58% of portfolio
    $26.63M$26.63M invested
  • 2. Commonwealth Bank of Australia
    0.49%0.49% of portfolio
    $22.43M$22.43M invested
  • 3. Mitsubishi UFJ Financial Group Inc
    0.44%0.44% of portfolio
    $20.4M$20.4M invested
  • 4. Sumitomo Mitsui Financial Group Inc
    0.27%0.27% of portfolio
    $12.56M$12.56M invested
  • 5. National Australia Bank Ltd
    0.27%0.27% of portfolio
    $12.29M$12.29M invested
View next 5
Major consumer brands
Major consumer brands
73 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
73 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.07%1.07% of portfolio
    $49.35M$49.35M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Lvmh Moet Hennessy Louis Vuitton SE
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.97%0.97% of portfolio
    $44.69M$44.69M invested
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Shell PLC
    Soy major consumer brandPalm oil major consumer brand
    0.79%0.79% of portfolio
    $36.18M$36.18M invested
    Soy major consumer brandPalm oil major consumer brand
  • 4. Unilever PLC
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.47%0.47% of portfolio
    $21.54M$21.54M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 5. L'Oreal SA
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.44%0.44% of portfolio
    $20.46M$20.46M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 29 Feb 2024
Financial performance
Performance data provided byMorningstarFind more financial data on ACWX at Morningstar.com
Current fund
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
BlackRock/iShares
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: 2/29/24
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:
Same 10-yr returns 
0% same in annualized returns
Same in commodity producers 
Both 0% invested
Same in banks and lenders 
Both 0% invested
Same in major consumer brands 
Both 0% invested
Current fund
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
BlackRock/iShares
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: 2/29/24
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:
Same 10-yr returns 
0% same in annualized returns
Same in commodity producers 
Both 0% invested
Same in banks and lenders 
Both 0% invested
Same in major consumer brands 
Both 0% invested
Current fund
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
BlackRock/iShares
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: 2/29/24
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:
Same 10-yr returns 
0% same in annualized returns
Same in commodity producers 
Both 0% invested
Same in banks and lenders 
Both 0% invested
Same in major consumer brands 
Both 0% invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
ACWX - iShares MSCI ACWI ex U.S. ETF
13%
1.17%
5.26%
3.83%
1.49% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
13%
1.17%
5.26%
3.83%
1.49% 
Fund compared to benchmark
 
+0%
+0%
+0%
+0%
Same
Find more financial data on ACWX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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