SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF

Shareclass
SPDR® MSCI Em Mkts Fssl Ful Free RsrvETF (EEMX)
Type
Exchange-traded fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 1.5%. Assigned a grade of F.
How we track deforestation-risk investments
F
5.12%
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
32
holdings flagged
5.12%
of assets flagged
This fund contains
 $4.09 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
13 holdings
1.52% of assets
$1.21 MILLION invested
banks
Banks and lenders
10 holdings
2.42% of assets
$1.93 MILLION invested
consumers
Major consumer brands
10 holdings
1.3% of assets
$1.04 MILLION invested
Commodity producers
Commodity producers
13 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%.
13 HOLDINGS
  • % of portfolio
    $ invested
  • 1. POSCO Holdings Inc
    Palm oil producer
    0.46%0.46% of portfolio
    $367,144$367,144 invested
    Palm oil producer
  • 2. Samsung C&T Corp
    Palm oil producer
    0.2%0.2% of portfolio
    $159,571$159,571 invested
    Palm oil producer
  • 3. LG Corp
    Palm oil producer
    0.15%0.15% of portfolio
    $120,819$120,819 invested
    Palm oil producer
  • 4. IOI Corp Bhd
    Paper/pulp producerPalm oil producer
    0.13%0.13% of portfolio
    $104,668$104,668 invested
    Paper/pulp producerPalm oil producer
  • 5. Suzano SA
    Timber producerPaper/pulp producer
    0.12%0.12% of portfolio
    $99,303$99,303 invested
    Timber producerPaper/pulp producer
View next 5
Banks and lenders
Banks and lenders
10 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).
10 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Industrial And Commercial Bank Of China Ltd Class H
    0.42%0.42% of portfolio
    $336,902$336,902 invested
  • 2. PT Bank Rakyat Indonesia (Persero) Tbk Registered Shs Series -B-
    0.41%0.41% of portfolio
    $331,045$331,045 invested
  • 3. Bank Of China Ltd Class H
    0.39%0.39% of portfolio
    $312,182$312,182 invested
  • 4. PT Bank Mandiri (Persero) Tbk
    0.33%0.33% of portfolio
    $262,806$262,806 invested
  • 5. Public Bank Bhd
    0.26%0.26% of portfolio
    $206,672$206,672 invested
View next 5
Major consumer brands
Major consumer brands
10 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).
10 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Hindustan Unilever Ltd
    Palm oil major consumer brand
    0.43%0.43% of portfolio
    $345,482$345,482 invested
    Palm oil major consumer brand
  • 2. Uni-President Enterprises Corp
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.22%0.22% of portfolio
    $172,280$172,280 invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Grupo Bimbo SAB de CV Class A
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.15%0.15% of portfolio
    $121,548$121,548 invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. China Mengniu Dairy Co Ltd
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.13%0.13% of portfolio
    $100,552$100,552 invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 5. JBS SA
    Soy major consumer brandCattle major consumer brand
    0.11%0.11% of portfolio
    $89,736$89,736 invested
    Soy major consumer brandCattle 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 EEMX at Morningstar.com
Current fund
EEMX
SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF
Family
State Street
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: 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:
Lower 5-yr returns 
-3.45% less in annualized returns
More invested in commodity producers 
0.03% more invested
Less invested in banks and lenders 
2.37% less invested
Less invested in major consumer brands 
6.83% less invested
Current fund
EEMX
SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF
Family
State Street
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: 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:
Lower 5-yr returns 
-3.45% less in annualized returns
More invested in commodity producers 
0.03% more invested
Less invested in banks and lenders 
2.37% less invested
Less invested in major consumer brands 
6.83% less invested
Current fund
EEMX
SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF
Family
State Street
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: 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:
Lower 5-yr returns 
-3.45% less in annualized returns
More invested in commodity producers 
0.03% more invested
Less invested in banks and lenders 
2.37% less invested
Less invested in major consumer brands 
6.83% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
EEMX - SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF
6.91%
-6.78%
1.82%
/
1.52% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
13%
1.17%
5.26%
3.83%
1.49% 
Fund compared to benchmark
 
-5.74%
-7.95%
-3.45%
/
0.03%  higher
Find more financial data on EEMX 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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