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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.
Seekingalpha | 1 year ago
