Vanguard ESG International Stock ETF

Shareclass
Vanguard ESG International Stock ETF (VSGX)
Type
Exchange-traded fund
Manager
Sustainability mandate
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
11.82%
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
163
holdings flagged
12%
of assets flagged
This fund contains
 $417.63 MILLION invested 
in holdings flagged for deforestation risk
Vanguard holds hundreds of millions of dollars in shares in the agribusiness companies most responsible for devastating our rainforests. Vanguard's continued financing of the world's worst deforesters exposes Vanguard and its clients to reputational and financial risk - and Vanguard has no policy in place to stop the destruction. Tell Vanguard to adopt a No Deforestation Policy!
Sign the petition
producers
Commodity producers
51 holdings
0.56% of assets
$19.79 MILLION invested
banks
Banks and lenders
34 holdings
5.03% of assets
$177.81 MILLION invested
consumers
Major consumer brands
90 holdings
6.48% of assets
$229.19 MILLION invested
Commodity producers
Commodity producers
51 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%.
51 HOLDINGS
  • % of portfolio
    $ invested
  • 1. UPM-Kymmene Oyj
    Timber producerPaper/pulp producer
    0.09%0.09% of portfolio
    $3.16M$3.16M invested
    Timber producerPaper/pulp producer
  • 2. Associated British Foods PLC
    Soy producerPalm oil producer
    0.05%0.05% of portfolio
    $1.62M$1.62M invested
    Soy producerPalm oil producer
  • 3. Mondi PLC
    Paper/pulp producer
    0.04%0.04% of portfolio
    $1.35M$1.35M invested
    Paper/pulp producer
  • 4. Stora Enso Oyj Class R
    Timber producerPaper/pulp producer
    0.04%0.04% of portfolio
    $1.25M$1.25M invested
    Timber producerPaper/pulp producer
  • 5. Suzano SA
    Timber producerPaper/pulp producer
    0.03%0.03% of portfolio
    $1.23M$1.23M invested
    Timber producerPaper/pulp producer
View next 5
Banks and lenders
Banks and lenders
34 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).
34 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Commonwealth Bank of Australia
    0.6%0.6% of portfolio
    $21.21M$21.21M invested
  • 2. Mitsubishi UFJ Financial Group Inc
    0.51%0.51% of portfolio
    $17.95M$17.95M invested
  • 3. BNP Paribas Act. Cat.A
    0.33%0.33% of portfolio
    $11.55M$11.55M invested
  • 4. Sumitomo Mitsui Financial Group Inc
    0.31%0.31% of portfolio
    $10.96M$10.96M invested
  • 5. National Australia Bank Ltd
    0.31%0.31% of portfolio
    $10.94M$10.94M invested
View next 5
Major consumer brands
Major consumer brands
90 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).
90 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.42%1.42% of portfolio
    $50.15M$50.15M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Unilever PLC
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.57%0.57% of portfolio
    $20.07M$20.07M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. RELX PLC
    Paper/pulp major consumer brand
    0.37%0.37% of portfolio
    $12.91M$12.91M invested
    Paper/pulp major consumer brand
  • 4. Reckitt Benckiser Group PLC
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.24%0.24% of portfolio
    $8.53M$8.53M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 5. Compass Group PLC
    Soy major consumer brandCattle major consumer brand
    0.22%0.22% of portfolio
    $7.78M$7.78M invested
    Soy major consumer brandCattle major consumer brand
View next 5
View more info
DATA AS OF 31 Jan 2024
Financial performance
Performance data provided byMorningstarFind more financial data on VSGX at Morningstar.com
Current fund
VSGX
Vanguard ESG International Stock ETF
Family
Vanguard
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:
Higher 5-yr returns 
0.15% more in annualized returns
Less invested in commodity producers 
0.93% less invested
More invested in banks and lenders 
0.24% more invested
Less invested in major consumer brands 
1.64% less invested
Current fund
VSGX
Vanguard ESG International Stock ETF
Family
Vanguard
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:
Higher 5-yr returns 
0.15% more in annualized returns
Less invested in commodity producers 
0.93% less invested
More invested in banks and lenders 
0.24% more invested
Less invested in major consumer brands 
1.64% less invested
Current fund
VSGX
Vanguard ESG International Stock ETF
Family
Vanguard
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:
Higher 5-yr returns 
0.15% more in annualized returns
Less invested in commodity producers 
0.93% less invested
More invested in banks and lenders 
0.24% more invested
Less invested in major consumer brands 
1.64% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
VSGX - Vanguard ESG International Stock ETF
13%
0.07%
5.41%
/
0.56% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
13%
1.17%
5.26%
3.83%
1.49% 
Fund compared to benchmark
 
0.08%
-1.1%
0.15%
/
0.93%  lower
Find more financial data on VSGX 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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