SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
Fund offered by:
SPDR State Street Global Advisors
Ticker: EFAXsocially responsible
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
$6.26 MILLION
Prison industrial complex
14
flagged holdings
2.51%
of assets flagged
Data as of 10/29/21
Flagged investments:
$6.26 MILLION, 2.51% of assets
Higher risk:
$723,381, 0.29% of assets
 Private prison operators:
$385,131, 0.15% 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
5
holdings
$2.57M
invested
1.03%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
11
holdings
$5.59M
invested
2.24%
of portfolio
This fund is invested in the following private prison operator companies:
SodexoFerrovial
All flagged holdings
14 holdings
14 holdings
  • 1.  BNP Paribas Act. Cat.A
    Prison industryBorder industry
    $1.18M
    0.47%
  • 2.  Airbus SE
    Border industry
    $1.17M
    0.47%
  • 3.  Honda Motor Co Ltd
    Border industry
    $740,143
    0.3%
  • 4.  Barclays PLC
    Prison industryBorder industry
    $729,178
    0.29%
  • 5.  Capgemini SE
    Border industry
    $578,193
    0.23%
Higher risk
Private prison operator
See all
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF $EFAX has $6.26 MILLION invested in 14 companies involved in the prison industrial complex, amounting to 2.51% of fund assets
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Financial performance
Performance data provided byMorningstarFind more financial data on EFAX at Morningstar.com
Current fund
EFAX
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
Family
SPDR State Street Global Advisors
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: 10/31/21
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 
0.29% more in annualized returns
More invested in private prison operators 
0.06% more invested
More invested in higher risk companies, prison industry 
0.11% more invested
Less invested in higher risk companies, border industry 
0.07% less invested
More invested in higher risk companies 
0.03% more invested
More invested in all screened prison industry companies 
0.38% more invested
More invested in all screened border industry companies 
0.76% more invested
More invested in all screened companies 
0.82% more invested
Current fund
EFAX
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
Family
SPDR State Street Global Advisors
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: 10/31/21
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 
0.29% more in annualized returns
More invested in private prison operators 
0.06% more invested
More invested in higher risk companies, prison industry 
0.11% more invested
Less invested in higher risk companies, border industry 
0.07% less invested
More invested in higher risk companies 
0.03% more invested
More invested in all screened prison industry companies 
0.38% more invested
More invested in all screened border industry companies 
0.76% more invested
More invested in all screened companies 
0.82% more invested
Current fund
EFAX
SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
Family
SPDR State Street Global Advisors
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: 10/31/21
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 
0.29% more in annualized returns
More invested in private prison operators 
0.06% more invested
More invested in higher risk companies, prison industry 
0.11% more invested
Less invested in higher risk companies, border industry 
0.07% less invested
More invested in higher risk companies 
0.03% more invested
More invested in all screened prison industry companies 
0.38% more invested
More invested in all screened border industry companies 
0.76% more invested
More invested in all screened companies 
0.82% more invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
EFAX - SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF
33%
12%
9.91%
/
0.15% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
29%
12%
9.62%
6.53%
0.09% 
Fund compared to benchmark
 
3.33%
0.58%
0.29%
/
0.06%  higher
Find more financial data on EFAX 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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