iShares MSCI Germany ETF

Shareclass
iShares MSCI Germany ETF (EWG)
Type
Exchange-traded fund
Deforestation grade: Fund is invested in deforestation-risk banks and lenders and/or major consumer brands, but no holdings flagged for our deforestation-risk agricultural commodity producer/trader screen. Assigned a grade of B.
How we track deforestation-risk investments
B
11.09%
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
7
holdings flagged
11%
of assets flagged
This fund contains
 $93.47 MILLION invested 
in holdings flagged for deforestation risk
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producers
Commodity producers
0 holdings
0% of assets
$0 invested
banks
Banks and lenders
2 holdings
3.3% of assets
$27.81 MILLION invested
consumers
Major consumer brands
5 holdings
7.79% of assets
$65.65 MILLION invested
No holdings icon
Commodity producers
0 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%.
Banks and lenders
Banks and lenders
2 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).
2 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Deutsche Bank AG
    2.12%2.12% of portfolio
    $17.87M$17.87M invested
  • 2. Commerzbank AG
    1.18%1.18% of portfolio
    $9.94M$9.94M invested
Major consumer brands
Major consumer brands
5 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).
5 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Basf SE
    Paper/pulp major consumer brandPalm oil major consumer brand
    2.86%2.86% of portfolio
    $24.09M$24.09M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 2. adidas AG
    Cattle major consumer brandPaper/pulp major consumer brand
    2.55%2.55% of portfolio
    $21.49M$21.49M invested
    Cattle major consumer brandPaper/pulp major consumer brand
  • 3. Henkel AG & Co KGaA Participating Preferred
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.96%0.96% of portfolio
    $8.13M$8.13M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 4. Beiersdorf AG
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.88%0.88% of portfolio
    $7.44M$7.44M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 5. Henkel AG & Co KGaA
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.54%0.54% of portfolio
    $4.51M$4.51M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
View more info
DATA AS OF 31 Oct 2024
Financial performance
Performance data provided byMorningstarFind more financial data on EWG at Morningstar.com
Current fund
EWG
iShares MSCI Germany ETF
Family
BlackRock/iShares
Category
Miscellaneous Region
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: 10/31/24
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:
Lower 10-yr returns 
-0.34% less in annualized returns
Less invested in commodity producers 
1.35% less invested
Less invested in banks and lenders 
2.04% less invested
More invested in major consumer brands 
0.23% more invested
Current fund
EWG
iShares MSCI Germany ETF
Family
BlackRock/iShares
Category
Miscellaneous Region
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: 10/31/24
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:
Lower 10-yr returns 
-0.34% less in annualized returns
Less invested in commodity producers 
1.35% less invested
Less invested in banks and lenders 
2.04% less invested
More invested in major consumer brands 
0.23% more invested
Current fund
EWG
iShares MSCI Germany ETF
Family
BlackRock/iShares
Category
Miscellaneous Region
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: 10/31/24
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:
Lower 10-yr returns 
-0.34% less in annualized returns
Less invested in commodity producers 
1.35% less invested
Less invested in banks and lenders 
2.04% less invested
More invested in major consumer brands 
0.23% more invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
EWG - iShares MSCI Germany ETF
32%
1.7%
5.3%
4.29%
0% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
23%
1.44%
5.57%
4.64%
1.35% 
Fund compared to benchmark
 
8.34%
0.26%
-0.27%
-0.34%
1.35%  lower
Find more financial data on EWG 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.
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco

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