This ETF only invests in women-led companies — and is expected to rise 20% this year

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ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

The WCEO ETF was set up because the 'female factor' outperforms, according to its fund manager. Analysts expect it to increase by 20% over the next 12 months.

The Hypatia Women CEO ETF , which only invests in companies led by women, is based on an index that has outperformed its benchmark by more than 20 percentage points over the past five years. The U.S.-listed ETF began trading earlier this year using the ticker

ETF is created to isolate this "female factor" by investing solely in women-led companies. "We created an algorithm, that in our view, would come closest to isolating the female factor," Lizarraga told CNBC Pro . "Once we had that algorithm, if you will, then we created a backtest, going back five years, which gave us an index." This index has outperformed its FT Wilshire US Small Cap Index benchmark by more than 20 percentage points over the past five years.

also takes a purist approach to its investment thesis, according to Lizarraga, which means it actively omits stocks of companies with female leaders where it wasn't possible to "isolate the female factor." For example, AssetMark Financial was excluded as nearly two-thirds of the company is controlled by a single shareholder, the investment bank Huatai International.

 

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ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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