ETF with All-Female Leadership Roars Ahead of S&P 500 This Year
The S&P 500 has seen a mixed year so far in 2023, but one ETF is bucking that trend. The 'WOMEN' ETF (no ticker mentioned) has outperformed the benchmark index, with all of its stocks being run by women.
According to data, the WOMEN ETF has risen by around 20% year-to-date, compared to a flat return for the S&P 500. This is an impressive feat, especially considering the broader market's struggles this year.
No details are provided on the specific companies within the ETF or their respective performances. However, it's worth noting that having female CEOs can have a positive impact on corporate performance and governance.