SPDR® SSGA Gender Diversity Index ETF
Key Features
- The SPDR® SSGA Gender Diversity Index ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Gender Diversity Index (the "Index")
- Seeks to provide exposure to US companies that demonstrate greater gender diversity within senior leadership than other firms in their sector
- Companies in the Index are ranked within each sector by three gender diversity ratios
- The Index seeks to minimize variations in sector weights compared to the composition of the index's broader investment universe by focusing on companies with the highest levels within their sectors of senior leadership gender diversity
Fund Information
| Ticker Symbol | SHE | |
| Primary Benchmark | SSGA Gender Diversity Index | |
| CUSIP | 78468R747 | |
| Options Available | No | |
| Gross Expense Ratio | 0.20% | |
| Inception Date | 03/07/2016 | |
| Investment Manager | SSGA Funds Management, Inc. | |
| Management Team | Global Equity Beta Solutions | |
| Distributor | State Street Global Advisors Funds Distributors, LLC | |
| Distribution Frequency | Quarterly | |
| Exchange | NYSE ARCA EXCHANGE |
Fund Characteristics
| Est. 3-5 Year EPS Growth | 10.21% | |
| Number of Holdings | 178 | |
| Price/Book Ratio | 3.09 | |
| Price/Earnings Ratio FY1 | 18.53 | |
| Weighted Average Market Cap | $117,528.00 M |
Yields
| 30 Day SEC Yield | 1.85% | |
| 30 Day SEC Yield (Unsubsidized) | N/A | |
| Fund Dividend Yield | 1.94% | |
| Index Dividend Yield | 2.11% | |
| Tax Equivalent Yield | N/A |
Index Characteristics
| Est. 3-5 Year EPS Growth | 10.23% | |
| Number of Holdings | 178 | |
| Price/Cash Flow | 13.02 | |
| Price/Earnings | 20.35 | |
| Price/Earnings Ratio FY1 | 18.53 | |
| Return On Equity | 465.87% |
Fund Documents
Fund Performance
| MONTH END As of 10/31/2019 | QUARTER END As of 09/30/2019 | |
|---|---|---|
| 1 Month | 1.21% | 0.87% |
| QTD | 1.21% | -0.01% |
| YTD | 18.34% | 16.92% |
| 1 Year | 11.29% | 2.35% |
| 3 Year | 12.52% | 11.29% |
| 5 Year | N/A | N/A |
| 10 Year | N/A | N/A |
| Inception | 11.99% | 11.91% |
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.
The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.
Fund Characteristics
| Est. 3-5 Year EPS Growth | 10.21% | |
| Number of Holdings | 178 | |
| Price/Book Ratio | 3.09 | |
| Price/Earnings Ratio FY1 | 18.53 | |
| Weighted Average Market Cap | $117,528.00 M |
Fund Market Price
| Bid/Ask | $75.72 | |
| Closing Price | $75.73 | |
| Day High | $75.73 | |
| Day Low | $75.63 | |
| Exchange Volume (shares) | 303 | |
| Premium/Discount | 0.06% |
Yields
| 30 Day SEC Yield | 1.85% | |
| 30 Day SEC Yield (Unsubsidized) | N/A | |
| Fund Dividend Yield | 1.94% | |
| Index Dividend Yield | 2.11% | |
| Tax Equivalent Yield | N/A |
Fund Net Asset Value
| NAV | $75.67 | |
| Shares Outstanding | 1.98 M | |
| Total Net Assets | $149.45 M |
Index Characteristics
| Est. 3-5 Year EPS Growth | 10.23% | |
| Number of Holdings | 178 | |
| Price/Cash Flow | 13.02 | |
| Price/Earnings | 20.35 | |
| Price/Earnings Ratio FY1 | 18.53 | |
| Return On Equity | 465.87% |
Fund Net Cash Amount
| Net Cash Amount | $262,040.40 |
Index Statistics
| Weighted Average Market Cap | $118,953.36 M | |
| Average Size | ||
|---|---|---|
| Mean | $29,099.20 M | |
| Median | $10,103.17 M | |
| Size Range | ||
| Largest | $390,276.63 M | |
| Smallest | $838.70 M |
Purchase Information
Buying and Selling ETFs
ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.
ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.
Ordinary brokerage commissions apply.
Performance Chart
| Fund Before Tax Fund After Tax | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Annualized | |||||||||
| As of | 1 Month | QTD | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 03/07/2016 |
|
| Month End | |||||||||
| NAV | 10/31/2019 | 1.21% | 1.21% | 18.34% | 11.29% | 12.52% | N/A | N/A | 11.99% |
| Market Value | 10/31/2019 | 1.18% | 1.18% | 18.24% | 11.26% | 12.52% | N/A | N/A | 11.99% |
| Return after Taxes on Distributions | 10/31/2019 | 1.21% | 1.21% | 17.63% | 8.96% | 10.30% | N/A | N/A | 10.04% |
| Return after Taxes on Distributions and Sale of Fund Shares | 10/31/2019 | 0.72% | 0.72% | 10.84% | 7.06% | 8.97% | N/A | N/A | 8.69% |
| SSGA Gender Diversity Index | 10/31/2019 | 1.24% | 1.24% | 18.51% | 11.33% | 12.69% | N/A | N/A | 12.17% |
| Quarter End | |||||||||
| NAV | 09/30/2019 | 0.87% | -0.01% | 16.92% | 2.35% | 11.29% | N/A | N/A | 11.91% |
| Market Value | 09/30/2019 | 0.95% | 0.04% | 16.86% | 2.35% | 11.31% | N/A | N/A | 11.92% |
| Return after Taxes on Distributions | 09/30/2019 | 0.68% | -0.20% | 16.23% | 0.22% | 9.09% | N/A | N/A | 9.92% |
| Return after Taxes on Distributions and Sale of Fund Shares | 09/30/2019 | 0.51% | 0.00% | 10.01% | 1.76% | 8.01% | N/A | N/A | 8.62% |
| SSGA Gender Diversity Index | 09/30/2019 | 0.90% | 0.08% | 17.06% | 2.72% | 11.45% | N/A | N/A | 12.09% |
| Fund Before Tax Fund After Tax | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Annualized | |||||||||
| As of | 1 Month | QTD | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 03/07/2016 |
|
| Month End | |||||||||
| NAV | 10/31/2019 | 1.21% | 1.21% | 18.34% | 11.29% | 12.52% | N/A | N/A | 11.99% |
| Market Value | 10/31/2019 | 1.18% | 1.18% | 18.24% | 11.26% | 12.52% | N/A | N/A | 11.99% |
| Return after Taxes on Distributions | 10/31/2019 | 1.21% | 1.21% | 17.63% | 8.96% | 10.30% | N/A | N/A | 10.04% |
| Return after Taxes on Distributions and Sale of Fund Shares | 10/31/2019 | 0.72% | 0.72% | 10.84% | 7.06% | 8.97% | N/A | N/A | 8.69% |
| SSGA Gender Diversity Index | 10/31/2019 | 1.24% | 1.24% | 18.51% | 11.33% | 12.69% | N/A | N/A | 12.17% |
| Quarter End | |||||||||
| NAV | 09/30/2019 | 0.87% | -0.01% | 16.92% | 2.35% | 11.29% | N/A | N/A | 11.91% |
| Market Value | 09/30/2019 | 0.95% | 0.04% | 16.86% | 2.35% | 11.31% | N/A | N/A | 11.92% |
| Return after Taxes on Distributions | 09/30/2019 | 0.68% | -0.20% | 16.23% | 0.22% | 9.09% | N/A | N/A | 9.92% |
| Return after Taxes on Distributions and Sale of Fund Shares | 09/30/2019 | 0.51% | 0.00% | 10.01% | 1.76% | 8.01% | N/A | N/A | 8.62% |
| SSGA Gender Diversity Index | 09/30/2019 | 0.90% | 0.08% | 17.06% | 2.72% | 11.45% | N/A | N/A | 12.09% |
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.
The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.
Gross Expense Ratio: 0.20%
Performance Graphs
Month End as of 10/31/2019
Fund Inception Date: 03/07/2016
Index Inception Date: 02/12/2016
Quarter End as of 09/30/2019
Fund Inception Date: 03/07/2016
Index Inception Date: 02/12/2016
Fund Top Holdings
| Name | Weight | Shares Held |
|---|---|---|
| Visa Inc. Class A | 5.06 % | 41,828 |
| Johnson & Johnson | 4.88 % | 52,258 |
| Wells Fargo & Company | 4.56 % | 127,830 |
| Home Depot Inc. | 4.50 % | 31,358 |
| Walt Disney Company | 4.24 % | 42,640 |
| PayPal Holdings Inc | 4.18 % | 59,365 |
| Texas Instruments Incorporated | 3.81 % | 47,314 |
| U.S. Bancorp | 2.55 % | 64,076 |
| Coca-Cola Company | 2.55 % | 69,989 |
| Gilead Sciences Inc. | 2.34 % | 52,248 |
Index Top Holdings
| Name | Weight |
|---|---|
| Wells Fargo & Company | 5.45 % |
| Visa Inc. Class A | 5.06 % |
| Johnson & Johnson | 4.87 % |
| Home Depot Inc. | 4.49 % |
| Walt Disney Company | 4.23 % |
| PayPal Holdings Inc | 4.19 % |
| Texas Instruments Incorporated | 3.83 % |
| Coca-Cola Company | 2.52 % |
| U.S. Bancorp | 2.36 % |
| Gilead Sciences Inc. | 2.33 % |
Fund Sector Allocation
Index Sector Allocation
Fund Documents
Tax Documents
Reports & Schedules
Tax Documents
Education
In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.
After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.
As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.
Unless otherwise noted all information contained herein is that of the SPDR® SSGA Gender Diversity Index ETF.
Global Equity Beta Solutions
Lynn is an Executive Vice President of State Street Global Advisors and CIO of Global Equity Beta Solutions. In this capacity, she oversees a team of 80 portfolio managers and analysts globally, and more than 1,400 portfolios with assets in excess of $1.4 trillion across all equity index and smart beta strategies. She also oversees State Street Global Advisors' ESG Investments and Asset Stewardship Team as well as the Company Stock Group which manages fiduciary transactions and company stock investments, including company stock ownership and 401K plans. In addition, she is a Director of the State Street Global Advisors Trust Company and member of the State Street Global Advisors Fiduciary and Conduct Committee and the Investment Committee. Lynn also serves as a member of State Street Global Advisors' Executive Management Group.
Prior to her current role, Lynn was head of non-US markets of passive equities, responsible for overseeing the management of all non-US equity index strategies, as well as serving as portfolio manager for several equity index portfolios. She joined State Street Global Advisors in 1987.
Lynn has a Master of Business Administration in finance from Northeastern University, and a Bachelor of Science from the Boston College Carroll School of Management. She earned the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute and the Boston Security Analyst Society. Lynn serves on the Board for the Posse Foundation Boston, a non-profit organization that partners with top colleges and universities to recruit and sustain outstanding young leaders from diverse backgrounds. She also is a member of the Sustainability Accounting Standards Board's (SASB) Investment Advisory Group and serves on various index advisory boards.
Amy is a Vice President of State Street Global Advisors and a Senior Portfolio Manager in the Global Equity Beta Solutions group. Within this group, she is the strategy leader for alternative asset equities. Amy is responsible for the management of various domestic, international and emerging market equity index strategies, including listed real estate securities and commodities.
Prior to joining the Global Equity Beta Solutions group in May 2008, Amy worked in the Implementation Group where she performed the day-to-day management of active developed and emerging market equity portfolios. She also worked as an Operations Associate responsible for funds managed by the active international equities team. Prior to joining SSGA in 2000, Amy worked at Mellon Financial.
Amy earned a BA in Economics and Political Science from the University of Rochester and an MBA from the Carroll School of Management at Boston College. Amy is a member of the FTSE EPRA/NAREIT Global Real Estate Index Series Americas Regional Advisory Committee.
Melissa is a Vice President at State Street Global Advisors and a Senior Portfolio Manager in the Global Equity Beta Solutions team where she currently manages several of the firm's commingled US and international strategies as well as US and international/emerging ETFs and other separately managed domestic and international funds. Additionally, Melissa manages synthetic beta strategies.
Prior to her current role, Melissa worked on SSGA's Trident Project RKS implementation. Before joining SSGA, Melissa was a consultant -- specializing in accounting system implementations for investment management companies -- and was responsible for the design and development of a wide variety of applications. She began her career at PIMCO, where she worked for several years as a trading assistant in Global Fixed Income.
Melissa holds a Bachelor of Science degree in Finance from Villanova University.
