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Stash

SHE Can Do It! Consider Companies With Women Who Lead

Partner Content

Below is an article originally written by the Stash Team, who is a PowerToFly Partner. Go to Stash's page on PowerToFly to see their open positions and learn more.

As Beyonce says, it's women (and girls) who run the world. So If you want to invest in companies with women in leadership roles, then the Women Who Lead ETF might be right up your alley.

Let's break it down: Women make up half the population of the planet, as well as half the workforce in the U.S. But when it comes to management positions at jobs, there's a big gender gap.

Women make up less than 15% of chief executives at all companies, and just 4.6% of CEOs at Fortune 500 companies, according to the Center for American Progress. Tech companies aren't disrupting the status quo either. In Silicon Valley, just 11% of executives were women, as of 2014.

Image from: https://learn.stashinvest.com/can-consider-compani...

"Women are still underrepresented at every corporate level and hold less than 30% of roles in senior management, "Facebook Chief Operating Officer Sheryl Sandberg wrote recently in the Wall Street Journal. "And women hit the glass ceiling early: They are far less likely than men to be promoted from entry level to manager, and they continue to lose ground incrementally the more senior they become."

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Women Who Lead, which has the ticker SHE, based on the SPDR SSGA Gender Diversity Index ETF, wants to change that. It invests in the largest U.S. companies where women have important leadership roles.

What's inside the fund?

SHE first analyzes the 1000 largest U.S. companies, seeking ones with a high proportion of women in executive positions, which it defines as people in vice president roles or higher.

Each firm selected for the fund must have at least one woman on its board, or as a chief executive.

Women Who Lead invests in the stocks of 169 companies, as of December 8, 2017*, including many that you probably interact with on a daily basis. These include Coca-Cola, McDonald's, IBM, Mastercard, and PepsiCo. The fund also includes shares in the pharmaceutical giant Pfizer, calculator and semiconductor producer Texas Instruments, as well as defense company Lockheed Martin.

Want to know more about the companies in this ETF? Click here.

Who is this investment for?

Increasing numbers of investors care about the social goals of the companies in which they invest, and they want to make sure those goals align with their own.

If gender equality and diversity are important to you, this fund may be for you.

Risks and performance

The fund launched in 2016, so it's relatively new, which means it doesn't have a long track record compared to some other funds. At the same time, the fund represents companies with a social goal of promoting gender diversity in executive leadership.

Generally speaking, companies with social goals can potentially build stronger brand recognition with consumers, may have an advantage attracting top talent, and can potentially be in the vanguard of companies conforming to new government regulations, which could all affect performance, according an analyst for Morningstar in 2015.

SHE doesn't over-allocate its stocks in any one industry and is similar to a broad market fund, according to analysts, which is important for anyone who wants to diversify. SHE had a year to date return of 18.43% as of December 8, 2017. By comparison, Workplace Equality ETF (EQLT), a fund that holds the stocks of companies that support workplace equality of LGBT employees, had a return of 19.23% over the same time period.**

Other considerations

SHE has an expense ratio of 0.2%. That's roughly half the expense ratio of the average ETF, which is 0.44%, according to the Wall Street Journal.

What are some other investments like this?

Stash offers other ETFs that have social goals. Some examples are Equality Works (EQLT), which invests in companies that promote workplace equality for LGBT employees;

Clean and Green (ICLN) highlights companies working to combat global warming by developing renewable energy; and Do the Right Thing (SUSA), focuses on companies with high environmental, social, and corporate governance scores.

Top Takeaways:

  • SHE invests in large companies with at least one woman in an executive position.
  • The fund might be good for investors who care about social goals and the impact of the companies in which they invest.
  • SHE doesn't invest in one sector or industry and might be good for investors seeking diversification.

*Source: State Street Global Advisors

**Source: Yahoo Finance

By Stash Team

popular

The Best High-Paying Remote Jobs

5 full-time work-from-home roles that pay seriously well

We—we being the internet in general, as well as PowerToFly specifically—often talk about remote work as this glorious thing: you can find professional fulfillment, friendly co-workers, and career growth potential from the comfort of your own home. All while collecting a check!

But where should you look if you want that check to be as big as possible?

Start with this guide to the best high-paying remote jobs. These career choices (and the example companies hiring for them) don't skimp out on paying remote workers well, and you'll still get all the work-from-home flexibility you're looking for. I've linked to specific job posts for each category below, but also look through the 300+ remote jobs on PowerToFly's always-updated remote job board for more.

As you apply and interview, keep these work-from-home interview questions in mind. If you find yourself with a salary offer that's good, but not quite as good as it could be, reference these salary negotiation tips for remote workers to advocate for what you deserve. And when you get the job with a great salary, make sure your home office is set up for success. And then send me a note to tell me how you're doing!

1. Senior Software Engineer

Business woman using laptop

Who It's Good For: Anyone who's a pro in programming languages (Java, Javascript, C++, Python, and SQL, to start, among others) and knows how to drive the development of products. If you like complex engineering challenges, have experience working with different systems and products, and have the discipline to program without a PM physically hovering over you (Slack hovering's allowed, though), this is for you.

Sound Like You? Check Out: Sr. Principal Software Engineer at Dell, Senior Front End Software Engineer at Plectica, Senior Software Engineer at CloudBees

Why You Can Do It Remotely: Like most heads-down-and-create work, developing software and programming are best done with minimal distractions. You'll collaborate with your team for check-ins and bug fixes, but you'll be able to focus on your project work from a home office.

Average Annual Salary: $131,875

2. User Experience Researcher Manager

Young adult woman working with laptop at mobile app

Who It's Good For: Proven researchers who know how to understand the behaviors and motivations of customers through feedback and observation, who have experience synthesizing insights into a brand story, and who have managed teams.

Sound Like You? Check Out: Senior Research Operations Program Manager at Zapier.

Why You Can Do It Remotely: As UX researcher Lindsey Redinger explains in her helpful Medium post, remote research allows companies to reach users all over the world, not just within driving distance to their headquarters, and can be cheaper for companies and easier for participants.

Average Annual Salary: $105,810

3. Senior Product Designer

Female graphic designer smiling at desk in office

Who It's Good For: Creatives with technical chops who like the challenges of evolving and improving the production of current products, leading designers, and collaborating with other parts of the business.

Sound Like You? Check Out: Senior Product Designer at SeatGeek.

Why You Can Do It Remotely: While design teams definitely need to share lots of feedback, there's technology out there to make that easy. The Help Scout design team has shared their favorite tools and tricks to collaborate remotely, which includes recording daily videos of new designs to explain features and ideas in a way a photo file just can't express. (They're also hiring! Check out open Help Scout jobs here).

Average Annual Salary: $107,555

4. Senior Security Analyst

Developing Concentrated programmer reading computer codes Development Website design and coding technologies.

Who It's Good For: Thoughtful, vigilant thinkers who enjoy identifying and fixing gaps in a company's security posture, including through ethnical hacking (hacking a company's system before outsiders can, and addressing the weak points found) and incident response (containing the negative effects of a system breach or attack).

Sound Like You? Check Out: Data Protection Security Analyst at Deloitte.

Why You Can Do It Remotely: Not all security analyst positions are remote-friendly; sometimes they require working with very sensitive data that can be compromised if taken off-site or accessed from a VPN. But with the right data processing policies—like using a privacy filter over your laptop, only using secured wifi, and encrypting your data, all suggested by WebARX security's all-remote team—remote work as a security analyst is definitely possible.

Average Annual Salary: $108,463

5. Technical Project Manager

A strong wifi connection makes for a strong relationship

Who It's Good For: Tech-friendly jack-of-all-trades with a sweet spot for spreadsheets and other organization tools.

Sound Like You? Check Out: Technical Project Manager at Avaaz.

Why You Can Do It Remotely: Project management can sometimes be like herding cats, but you don't need to be in the same room as your feline team members in order to direct them around. With collaborative software (and a highly organized home office, like PM pro Patrice Embry recommends), you can PM the most complicated of projects from wherever you're located.

Average Annual Salary: $95,129

Other Industries

Other high-paying remote-friendly jobs include certain roles in healthcare (like nurse practitioners and psychologists, who can check in with patients via video conferencing and phone calls), app developers for both iOS and Android products, actuaries and tax accountants, and data scientists.

And remember that even jobs that don't seem remote-friendly at first, could possibly be done from home or on the road. If you find a well-paying, exciting job that doesn't offer remote work immediately, it might be worth negotiating a more flexible schedule with a 1-2 day work-from-home option. Both you and the company can see what remote work actually looks like in action, and if it goes well, you can make a pitch to transition to remote work full time.

Other resources you may want to check out in your quest for meaningful, well-paid remote work:

6 Programs You Should Download Right Now if You Work Remotely

Productivity Tips for Remote Workers

Home Office Design Tips for Remote Workers

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If you missed the event, fear not! Stay connected by following Braintree on PowerToFly and email us at Hi@PowerToFly.com for future events near you.

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