'SHE' Takes the Lead in Promoting Gender Diversity
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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.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the initial investment amount for the fund at its launch?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the expense ratio of the Diversity Index ETF?
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