Summary
SHE Chart
SHE: Starting Over With A Smarter Gender Diversity Strategy
SHE offers exposure to 241 U.S. large-cap companies committed to gender diversity. Its expense ratio is reasonable at 0.20% and the ETF has $260 million in assets under management. Due to an unusual screen unrelated to gender diversity, SHE has badly lagged behind SPY since its launch in March 2016. This left many investors with a bad impression. Fortunately, the ETF changed course in December 2022 and is now delivering returns more in line with SPY. Compared to other gender diversity ETFs like WOMN, it's a good choice.
SPDR MSCI USA Gender Diversity ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 162 | $20,648.52 | $25,063.02 | $4,414.5 | 21.38% |
 Jeffery Yorg Focus Partners Advisor Solutions LLC | 3,175 | $403,215.02 | $491,156.62 | $87,941.6 | 21.81% |
 Brian Baylis Bell Investment Advisors Inc. | 6,739 | $640,659.92 | $1.04M | $402,739.45 | 62.86% |
 Christian Keedy Guardian Wealth Advisors LLC / Nc | 59 | $7,540.79 | $9,090.42 | $1,549.63 | 20.55% |
 Candace Cavalier Congress Wealth Management LLC / DE / | 5,049 | $559,331.52 | $779,515.11 | $220,183.59 | 39.37% |
SPDR MSCI USA Gender Diversity ETF (SHE) FAQ
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SPDR MSCI USA Gender Diversity ETF Profile
| ARCA Exchange | US Country |
Overview
The company, though not explicitly named, operates as an investment fund focusing on tracking a specific market index. Under normal market conditions, the fund aims to invest the majority, if not all, of its total assets in the securities that make up the index it tracks. This investment strategy demonstrates the fund’s primary goal of mirroring the performance of the designated market index, which could range across various sectors or regions depending on the fund’s focus. This approach suggests that the fund’s investment strategy is mainly passive, aiming to replicate the index's returns rather than outperforming the market through active management.
Products and Services
- Securities Comprising the Index
The fund primarily invests in securities that are part of the index it tracks. By allocating at least 80% of its total assets to these securities, the fund seeks to ensure that its performance closely mirrors that of the index. This strategy is indicative of a passive investment approach, where the fund’s returns are largely dependent on the performance of the securities within the index.
- Equity Securities Not Included in the Index
In addition to the index securities, the fund may invest in equity securities that are not part of the index. This allows for a slight deviation from the index to potentially enhance the fund's returns or manage risk. However, this strategy involves a higher level of investment discretion and analysis to select equity securities that can complement the fund's index-based investments.
- Cash and Cash Equivalents
The fund has the flexibility to invest in cash and cash equivalents. This can be beneficial in several ways, including providing liquidity to meet redemptions, managing the fund’s cash flow needs, or taking advantage of short-term investment opportunities. It can also serve as a risk management tool, allowing the fund to reduce exposure to the market during periods of volatility or uncertainty.
- Money Market Instruments
Investing in money market instruments provides the fund with another layer of liquidity and short-term investment options. These instruments, typically characterized by their short maturity periods and lower risk, can offer a safe haven during turbulent market conditions. Similar to cash and cash equivalents, money market instruments can help in managing the fund’s liquidity needs while providing a modest return.
