FYI: Let me be upfront: I like the SPDR SSGA Gender Diversity Index ETF (SHE). Investing in female-led companies and boardrooms is compelling, even powerful; especially in this particular moment we inhabit, where every day breaks yet another news story about sexual harassment and gender-based discrimination.
So, yes, I want SHE to succeed. As much as anybody can root for an inanimate construct, by golly, SHE, I'm rooting for you.
Which is why it pains me to say this: SHE has underperformed the broader market, as measured by the SPDR S&P 500 Index ETF Trust (SPY), by 5.2% since it launched in March 2016:
Regards,
Ted
http://www.etf.com/sections/blog/sexisms-effect-etf-returns?nopaging=1
