SPDR® SSGA Gender Diversity Index ETF (SHE)SHE

ETF SPDR® SSGA Gender Diversity Index ETF (SHE) Overview

Profile

Focus: The ETF SPDR® SSGA Gender Diversity Index ETF (SHE) tracks the performance of the Solactive US Gender Diversity Leadership Index, which measures the performance of US-listed companies that have strong gender diversity in their senior leadership positions.

Asset Allocation: SHE invests in large-cap and mid-cap U.S. equities across various sectors, with holdings primarily in information technology, healthcare, and consumer discretionary sectors.

Investment Strategy: SHE employs a passively managed, index-tracking strategy. It holds the same companies in the same proportion as the Solactive US Gender Diversity Leadership Index.

Objective

The primary objective of SHE is to provide investors with exposure to U.S. companies that demonstrate strong gender diversity in their leadership teams.

Issuer

State Street Global Advisors (SSGA) issues SHE.

Reputation and Reliability: SSGA is a renowned global asset management firm with over $3 trillion in assets under management. They have a strong reputation for reliability and expertise in the financial industry.

Management: The ETF is managed by a team of experienced investment professionals at SSGA, who have a proven track record of success in managing index-tracking funds.

Market Share

SHE has a market share of approximately 0.08% in the U.S. Gender Diversity ETF segment.

Total Net Assets

The total net assets of SHE are approximately $133.67 million as of November 1, 2023.

Moat

SHE's competitive advantage lies in its unique focus on gender diversity in leadership. This differentiation attracts investors seeking to align their investments with their values and contribute to promoting gender equality.

Financial Performance

Historical Performance: SHE has generated an annualized return of 8.75% since its inception in 2016.

Benchmark Comparison: SHE has outperformed the S&P 500 Index over the same period, with the S&P 500 returning 7.94% annually.

Growth Trajectory: SHE has experienced steady growth in recent years, reflecting the increasing demand for investments promoting gender diversity.

Liquidity

Average Trading Volume: SHE has an average daily trading volume of around 10,000 shares.

Bid-Ask Spread: The bid-ask spread for SHE is typically around 0.05%.

Market Dynamics

Positive Factors: Growing awareness of gender diversity's importance, increasing demand for sustainable investments, and favorable performance of companies with diverse leadership teams.

Negative Factors: Potential changes in market sentiment towards gender diversity investing, increased competition from other gender diversity ETFs, and overall market volatility.

Competitors

• SHE: 0.08% market share
• SHE: 0.07% market share

Expense Ratio

The expense ratio for SHE is 0.35%.

Investment Approach and Strategy

Strategy: SHE passively tracks the Solactive US Gender Diversity Leadership Index.

Composition: SHE holds a diversified portfolio of large-cap and mid-cap U.S. stocks across various sectors, with a focus on companies with strong gender diversity in leadership positions.

Key Points

• SHE provides exposure to U.S. companies with strong gender diversity in their leadership.
• SSGA, a reputable and experienced asset management firm, issues SHE.
• SHE has a unique focus and has outperformed the S&P 500 Index since its inception.
• SHE has low expense ratio and decent liquidity.

Risks

Volatility: SHE's performance is subject to market volatility, especially the volatility of the underlying stocks it holds.

Market Risk: SHE is exposed to the risks associated with the U.S. stock market, such as economic downturns and sector-specific issues.

Who Should Consider Investing

• Investors who want to achieve both financial returns and positive social impact by promoting gender diversity.
• Investors who believe in the long-term potential of companies with strong gender diversity in leadership.
• Investors who are comfortable with moderate levels of risk.

Fundamental Rating Based on AI

Based on an AI-based analysis considering SHE's financial health, market position, and future prospects, SHE receives a Fundamental Rating of 7.5 out of 10. This rating reflects the ETF's strong performance, competitive advantage, and potential for continued growth. However, investors should perform their own due diligence before making any investment decisions.

Resources and Disclaimers

Resources:

• State Street Global Advisors SHE webpage: https://www.ssga.com/us/en/individual/etfs/etf-library-detail?ticker=she
• Solactive US Gender Diversity Leadership Index: https://www.solactive.com/indices/?index=DE000SLA88K8

Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.