Key stats
About SPDR MSCI USA Gender Diversity ETF
Home page
Inception date
Mar 7, 2016
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
SHE seeks out companies that support and maintain a high level of gender diversity and promote women's representation within their organization. Index construction begins with all the components of the MSCI USA Index, capturing the large- and mid-cap segments of the US equity market. The fund utilizes ESG metrics with each company initially assigned a score based on related controversies causing negative ESG impacts. Those with a score of zero or no score at all due to the severity of controversies are excluded. The remaining securities are given a new score reflecting the ratio of women in their organization and the effectiveness of their implementation of various diversity policies and programs. Final constituents are selected by sector and weighted by market cap, with an individual capping weight of 4.5%. The index is rebalanced quarterly. Prior to Dec. 8, 2022, the fund tracked the SSGA Gender Diversity Index and was named SPDR SSGA Gender Diversity Index ETF.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.