iShares MSCI ACWI ex U.S. ETF
Fund offered by:
BlackRock/iShares
Ticker: ACWX
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
13.24%
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
146
holdings flagged
13%
of assets flagged
This fund contains
 $489.16 MILLION invested 
in holdings flagged for deforestation risk
BlackRock, the world's largest investment firm, is among the world's top investors in the agribusiness companies responsible for destroying our tropical rainforests. To make the urgent transformations needed to end global deforestation and reign in the climate crisis, BlackRock needs to change its ways. Tell BlackRock to adopt a No Deforestation Policy!
Sign the petition
producers
Commodity producers
39 holdings
1.45% of assets
$53.71 MILLION invested
banks
Banks and lenders
33 holdings
4.09% of assets
$151.23 MILLION invested
consumers
Major consumer brands
84 holdings
8.1% of assets
$299.55 MILLION invested
Commodity producers
Commodity producers
39 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%.
39 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Glencore PLC
    Soy producerPalm oil producer
    0.16%0.16% of portfolio
    $5.89M$5.89M invested
    Soy producerPalm oil producer
  • 2. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.15%0.15% of portfolio
    $5.7M$5.7M invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 3. Mitsubishi Corp
    Palm oil producer
    0.14%0.14% of portfolio
    $5.21M$5.21M invested
    Palm oil producer
  • 4. Neste Corp
    Soy producerPalm oil producer
    0.11%0.11% of portfolio
    $3.97M$3.97M invested
    Soy producerPalm oil producer
  • 5. UPM-Kymmene Oyj
    Timber producerPaper/pulp producer
    0.08%0.08% of portfolio
    $2.86M$2.86M invested
    Timber producerPaper/pulp producer
View next 5
Banks and lenders
Banks and lenders
33 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).
33 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Hsbc Holdings Plc
    0.47%0.47% of portfolio
    $17.26M$17.26M invested
  • 2. Commonwealth Bank of Australia
    0.43%0.43% of portfolio
    $15.9M$15.9M invested
  • 3. BNP Paribas
    0.26%0.26% of portfolio
    $9.48M$9.48M invested
  • 4. Westpac Banking Corp
    0.25%0.25% of portfolio
    $9.35M$9.35M invested
  • 5. Mitsubishi Ufj Financial Group Inc
    0.24%0.24% of portfolio
    $8.81M$8.81M invested
View next 5
Major consumer brands
Major consumer brands
84 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).
84 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.16%1.16% of portfolio
    $42.84M$42.84M 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
    0.67%0.67% of portfolio
    $24.96M$24.96M invested
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Unilever PLC
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.53%0.53% of portfolio
    $19.8M$19.8M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. L'Oreal SA
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.35%0.35% of portfolio
    $12.91M$12.91M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 5. Royal Dutch Shell PLC Class A
    Soy major consumer brandPalm oil major consumer brand
    0.32%0.32% of portfolio
    $11.96M$11.96M invested
    Soy major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 2/26/21
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: 2/28/21
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: 2/28/21
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: 2/28/21
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
26%
5.32%
11%
4.59%
1.45% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
26%
5.32%
11%
4.59%
1.45% 
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.