iShares MSCI Emerging Markets ETF
Fund offered by:
BlackRock/iShares
Ticker: EEM
Deforestation grade: F
This grade is based on how much money the fund has invested in three key deforestation-driving sectors: commodity producers, banks and lenders, and major consumer brands.
See how we track deforestation-risk investments
F
5.84%
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
65
HOLDINGS FLAGGED
5.82%
OF ASSETS FLAGGED
This fund contains
 $1.23 BILLION invested 
in holdings flagged for deforestation risk
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producers
Commodity producers
32 holdings
1.75% of assets
$369.6 MILLION invested
banks
Banks and lenders
12 holdings
2.29% of assets
$485.38 MILLION invested
consumers
Major consumer brands
25 holdings
2% of assets
$422.27 MILLION invested
Commodity producers
Commodity producers
32 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 F.
32 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Ptt PCL DR
    Palm oil producer
    0.24%0.24% of portfolio
    $49.88M$49.88M invested
    Palm oil producer
  • 2. POSCO
    Palm oil producer
    0.22%0.22% of portfolio
    $47.02M$47.02M invested
    Palm oil producer
  • 3. Samsung C&T Corp
    Palm oil producer
    0.14%0.14% of portfolio
    $29.18M$29.18M invested
    Palm oil producer
  • 4. PT Astra International Tbk
    Palm oil producer
    0.1%0.1% of portfolio
    $20.97M$20.97M invested
    Palm oil producer
  • 5. LG Corp
    Palm oil producer
    0.09%0.09% of portfolio
    $19.38M$19.38M invested
    Palm oil producer
View next 5
Banks and lenders
Banks and lenders
12 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).
12 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Industrial And Commercial Bank Of China Ltd Class H
    0.83%0.83% of portfolio
    $175.57M$175.57M invested
  • 2. Bank Of China Ltd Class H
    0.57%0.57% of portfolio
    $120.46M$120.46M invested
  • 3. Public Bank Bhd
    0.22%0.22% of portfolio
    $47.43M$47.43M invested
  • 4. Bank Rakyat Indonesia (Persero) Tbk Class B
    0.19%0.19% of portfolio
    $40.65M$40.65M invested
  • 5. Malayan Banking Bhd
    0.13%0.13% of portfolio
    $27.31M$27.31M invested
View next 5
Major consumer brands
Major consumer brands
25 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).
25 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Hindustan Unilever Ltd
    Palm oil major consumer brand
    0.45%0.45% of portfolio
    $95.74M$95.74M invested
    Palm oil major consumer brand
  • 2. Uni-President Enterprises Corp
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.21%0.21% of portfolio
    $45.12M$45.12M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. China Mengniu Dairy Co Ltd
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.19%0.19% of portfolio
    $39.52M$39.52M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. Hengan International Group Co Ltd
    Paper/pulp major consumer brand
    0.12%0.12% of portfolio
    $25.83M$25.83M invested
    Paper/pulp major consumer brand
  • 5. Li Ning Co Ltd
    Cattle major consumer brandPaper/pulp major consumer brand
    0.12%0.12% of portfolio
    $24.93M$24.93M invested
    Cattle major consumer brandPaper/pulp major consumer brand
View next 5
View more info
DATA AS OF 4/30/20
Financial performance
Performance data provided byMorningstarFind more financial data on EEM at Morningstar.com
Current fund
EEM
iShares MSCI Emerging Markets ETF
Family
BlackRock/iShares
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: 4/30/20
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 10-yr returns 
-1.85% less in annualized returns
More invested in commodity producers 
0.33% more invested
Less invested in banks and lenders 
1.68% less invested
Less invested in major consumer brands 
7.48% less invested
Current fund
EEM
iShares MSCI Emerging Markets ETF
Family
BlackRock/iShares
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: 4/30/20
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 10-yr returns 
-1.85% less in annualized returns
More invested in commodity producers 
0.33% more invested
Less invested in banks and lenders 
1.68% less invested
Less invested in major consumer brands 
7.48% less invested
Current fund
EEM
iShares MSCI Emerging Markets ETF
Family
BlackRock/iShares
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: 4/30/20
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 10-yr returns 
-1.85% less in annualized returns
More invested in commodity producers 
0.33% more invested
Less invested in banks and lenders 
1.68% less invested
Less invested in major consumer brands 
7.48% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
EEM - iShares MSCI Emerging Markets ETF
-12.98%
-0.21%
-0.78%
0.75%
1.75% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
-12.06%
-0.46%
-0.34%
2.6%
1.42% 
Fund compared to benchmark
 
-0.92%
0.25%
-0.43%
-1.85%
0.33%  higher
Find more financial data on EEM 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.
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