Exchange-traded fund
iShares Core MSCI EAFE ETF
TickerIEFA
Fund manager
BlackRock/iShares
Prison industrial complex grade: One or more holdings were flagged as private prison operators by our prison industrial complex screen. Assigned a grade of F.
F
$2.89 BILLION
Prison industrial complex
18
flagged holdings
2.93%
of assets flagged
Data as of 4/28/23
Flagged investments:
$2.89 BILLION, 2.93% of assets
Higher risk:
$1.38 BILLION, 1.4% of assets
 Private prison operators:
$70.61 MILLION, 0.07% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
10
holdings
$1.63B
invested
1.65%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
13
holdings
$2.74B
invested
2.78%
of portfolio
This fund is invested in the following private prison operator companies:
SodexoSercoMITIE Group
All flagged holdings
18 holdings
18 holdings
  • 1.  HSBC Holdings PLC 
    Prison industryBorder industry
    $771.22M
    0.78%
  • 2.  Airbus SE 
    Border industry
    $442.7M
    0.45%
  • 3.  BNP Paribas Act. Cat.A
    Prison industryBorder industry
    $383.58M
    0.39%
  • 4.  RELX PLC
    Border industry
    $341.68M
    0.35%
  • 5.  Honda Motor Co Ltd
    Border industry
    $231.2M
    0.23%
Higher risk
Private prison operator
See all
iShares Core MSCI EAFE ETF $IEFA has $2.89 BILLION invested in 18 companies involved in the prison industrial complex, amounting to 2.93% of fund assets
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Financial performance
Performance data provided byMorningstarFind more financial data on IEFA at Morningstar.com
Current fund
IEFA
iShares Core MSCI EAFE 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: 4/30/23
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 10-yr returns 
1.18% more in annualized returns
More invested in private prison operators 
0.03% more invested
More invested in higher risk companies, prison industry 
0.24% more invested
More invested in higher risk companies, border industry 
0.21% more invested
More invested in higher risk companies 
0.26% more invested
More invested in all screened prison industry companies 
0.34% more invested
More invested in all screened border industry companies 
0.57% more invested
More invested in all screened companies 
0.56% more invested
Current fund
IEFA
iShares Core MSCI EAFE 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: 4/30/23
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 10-yr returns 
1.18% more in annualized returns
More invested in private prison operators 
0.03% more invested
More invested in higher risk companies, prison industry 
0.24% more invested
More invested in higher risk companies, border industry 
0.21% more invested
More invested in higher risk companies 
0.26% more invested
More invested in all screened prison industry companies 
0.34% more invested
More invested in all screened border industry companies 
0.57% more invested
More invested in all screened companies 
0.56% more invested
Current fund
IEFA
iShares Core MSCI EAFE 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: 4/30/23
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 10-yr returns 
1.18% more in annualized returns
More invested in private prison operators 
0.03% more invested
More invested in higher risk companies, prison industry 
0.24% more invested
More invested in higher risk companies, border industry 
0.21% more invested
More invested in higher risk companies 
0.26% more invested
More invested in all screened prison industry companies 
0.34% more invested
More invested in all screened border industry companies 
0.57% more invested
More invested in all screened companies 
0.56% more invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
IEFA - iShares Core MSCI EAFE ETF
8.55%
12%
3.49%
5.07%
0.07% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
4.3%
9.82%
2.45%
3.89%
0.04% 
Fund compared to benchmark
 
4.25%
1.82%
1.04%
1.18%
0.03%  higher
Find more financial data on IEFA at Morningstar.com
What's next?
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Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
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Visit Fossil Free Funds to see this fund's exposure to fossil fuel companies and companies with high carbon footprints
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