'SHE' Takes the Lead in Promoting Gender Diversity

The Diversity Index ETF, trading under the ticker SHE, focuses on US large-cap companies with women in senior leadership roles. It ranks companies based on gender diversity ratios, considering female executives and board members. Despite a 50% return since 2016, it trails the S&P 500. Initially funded by a $250 million investment from a pension fund, SHE now holds $140 million in assets. It has a low expense ratio of 20 basis points and is rated positively by Bloomberg Intelligence.

What is the primary focus of the Diversity Index ETF?

• Investing in US large caps with women in senior roles

• Investing in environmentally friendly companies

• Investing in companies with high market caps

• Investing in technology startups

Which of the following companies is NOT mentioned as part of the Diversity Index ETF?

• Johnson & Johnson

• Home Depot

• Apple

• Visa

How has the Diversity Index ETF performed compared to the S&P 500?

• It has underperformed the S&P 500

• It has outperformed the S&P 500

• It has not been compared to the S&P 500

• It has performed equally to the S&P 500

What was the initial investment amount by the single investor in the Diversity Index ETF?

• $100 million

• $250 million

• $500 million

• $140 million

What is the expense ratio of the Diversity Index ETF?

• 40 basis points

• 30 basis points

• 20 basis points

• 10 basis points