Key stats
About Impact Shares YWCA Womenas Empowerment ETF
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Inception date
Aug 24, 2018
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
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
WOMN looks to capture the performance of US large- and mid-cap stocks of companies that are empowering to women, with risk and return characteristics similar to the indexs large- and mid-cap equity universe. The funds ESG research provider considers four factors to calculate a gender diversity score for each eligible firm: gender balance in leadership and workforce, equal compensation and work life balance, policies promoting gender equality, and commitment, transparency, and accountability to womens empowerment. WOMNs index uses an optimization algorithm to select a portfolio of about 200 companies with the highest scores, while maintaining marketlike risk and return. Additionally, companies involved in serious ethical controversies or certain industries (such as weapons, gambling, or tobacco) are excluded from the index. The index is rebalanced quarterly and reconstituted annually.
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.