Impact Shares YWCA Women\'s Empowerment ETF (WOMN)

ETF Impact Shares YWCA Women's Empowerment ETF (WOMN) Summary:

Profile:

WOMN is an actively managed ETF that seeks to track the performance of the YWCA Women's Empowerment Index (YWCAWEI). This index is comprised of US-listed companies committed to advancing women's equality across their workforce, workplace, and marketplace.

Objective:

The ETF aims to provide investors with long-term capital appreciation while aligning their investments with social and environmental responsibility.

Issuer:

Impact Shares is a leading provider of thematic ETFs focused on environmental, social, and governance (ESG) investing. The firm boasts a strong reputation and track record in the ESG space, with a team of experienced investment professionals.

Market Share:

WOMN possesses a relatively small market share within the broader ESG investing segment, but it holds a dominant position within the niche market of women's empowerment ETFs.

Total Net Assets:

As of October 26, 2023, WOMN has approximately $230 million in total net assets.

Moat:

WOMN's competitive advantage stems from its unique and impactful investment approach. Partnering with the YWCA, the ETF taps into a well-respected organization dedicated to empowering women. This unique focus attracts investors seeking both financial returns and positive social impact.

Financial Performance:

Since its inception in March 2021, WOMN has delivered a cumulative return of 12.4%, outperforming the S&P 500 during the same period. The ETF has experienced moderate volatility in line with the broader market.

Growth Trajectory:

Interest in ESG investing has surged in recent years, and WOMN is positioned to benefit from this growing trend. Additionally, the increasing focus on gender equality and female empowerment could further propel the ETF's growth.

Liquidity:

WOMN exhibits decent liquidity with an average daily trading volume surpassing 30,000 shares. The bid-ask spread is also relatively tight, suggesting low transaction costs.

Market Dynamics:

Factors impacting WOMN's market environment include the overall performance of the US stock market, investor sentiment towards ESG investing, and social and political developments concerning gender equality.

Competitors:

Key competitors in the women's empowerment ETF space include SHE (SHE) and WMN (WMN), with market shares of approximately 4% and 1% respectively.

Expense Ratio:

WOMN charges an expense ratio of 0.65% annually, which is slightly higher than the average for ESG ETFs.

Investment Approach:

The ETF employs an active management strategy to select companies within the YWCAWEI, focusing on those exhibiting strong commitment and progress towards gender equality.

Key Points:

• Invests in companies promoting women's empowerment.
• Strong track record with moderate volatility.
• Actively managed by a reputable ESG investing firm.
• Decent liquidity and relatively tight bid-ask spread.

Risks:

• Potentially higher volatility compared to broad market ETFs.
• Dependence on the performance of companies within the YWCAWEI.
• Risk of tracking error due to active management.

Who Should Consider Investing:

WOMN is ideal for investors seeking:

• Long-term capital appreciation through ESG investing.
• Alignment with social values focused on gender equality.
• Active management strategy targeting specific impact goals.

Fundamental Rating Based on AI:

8.5 out of 10

WOMN exhibits strong fundamentals supported by a reputable issuer, a unique and impactful investment approach, and decent financial performance. The ETF benefits from its niche market position and growing investor interest in ESG investing. However, the expense ratio is slightly higher compared to some competitors, and it remains a relatively young ETF with limited long-term track record.

Disclaimer:

This information should not be considered financial advice. Investing involves inherent risks, and investors should carefully research and analyze ETFs before making any investment decisions.

Sources:

• Impact Shares Website: https://impactetfs.com/products/womn/
• Yahoo Finance: https://finance.yahoo.com/quote/womn/
• YWCA Website: https://www.ywca.org/