Female empowerment ETFs are at hit all-time highs on Women’s Equality Day

Seeking Alpha2021-08-26

Two female empowerment ETFs are flirting with all-time highs on Women's Equality Day.

The two funds are the Impact Shares YWCA Women's Empowerment ETF (NYSEARCA:WOMN) and SPDR SSGA Gender Diversity Index ETF (NYSEARCA:SHE).

Aside from touching all-time highs on Wednesday of this week, these funds are also approaching a 20% YTD return. WOMN finds itself +18.75% YTD, and SHE is +17.58% YTD.

WOMN aims to track the Morningstar Women's Empowerment Index, which is intended to offer exposure to businesses worldwide with robust policies and practices in support of women's empowerment and gender equality.

WOMN also has 199 holdings, an expense ratio of 0.75%, and $30.9M assets under management.

SHE tracks the SSGA Gender Diversity Index and seeks to offer exposure to US companies that demonstrate greater gender diversity within senior leadership than other firms in their sector.

SHE has 193 holdings, an expense ratio of 0.20%, and $363.7M assets under management.

See how WOMN and SHE have compared against each other and the benchmark SPDR S&P500 ETF (NYSEARCA:SPY). See the below a year-to-date chart.

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