Gender Diversity Index Stock

[JonesBones]

I thought this was a joke or photoshop. There is an ETF that has holdings of companies that are supposedly women friendly.

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Gender Diversity Index, which tracks U.S. companies that are leaders in advancing women through gender diversity on their boards of directors and in management

Their holdings. The stocks of companies they think are good for women

Pfizer Inc PFE 5.73%
Coca-Cola Co KO 4.99%
Mastercard Inc A MA 4.47%
PepsiCo Inc PEP 4.21%
International Business Machines Corp IBM 3.90%
McDonald's Corp MCD 3.45%
Amgen Inc AMGN 3.39%
Texas Instruments Inc TXN 2.80%
Lockheed Martin Corp LMT 2.65%
PayPal Holdings Inc

Does anyone think of these companies as particularly ethical? Here's their chart. The big drop in early February happened to everyone so ignore it. They also have sharia and christian etfs. A bunch of different ones. They don't invest in tobacco or alcohol and the company has to give a certain amount to charity each year. Can't wait to see what they come up with next.

It has a good expense ratio. May be something that some people on here are interested in. You could use it as a pickup line or on your resume. You invest in gender diversity.

 

[Trotsky]

I thought this was a joke or photoshop. There is an ETF that has holdings of companies that are supposedly women friendly.

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Gender Diversity Index, which tracks U.S. companies that are leaders in advancing women through gender diversity on their boards of directors and in management

Their holdings. The stocks of companies they think are good for women

Pfizer Inc PFE 5.73%
Coca-Cola Co KO 4.99%
Mastercard Inc A MA 4.47%
PepsiCo Inc PEP 4.21%
International Business Machines Corp IBM 3.90%
McDonald's Corp MCD 3.45%
Amgen Inc AMGN 3.39%
Texas Instruments Inc TXN 2.80%
Lockheed Martin Corp LMT 2.65%
PayPal Holdings Inc

Does anyone think of these companies as particularly ethical?

On a quick glance, PepsiCo actually is one of the "more" ethical multinational corporations out there, it seems. Pfizer, Coca-Cola, McDonald's, and Lockheed all have a fair amount of skeletons in their respective corporate histories. Coca-Cola is one corporations that I'd be particularly hesitant to call ethical.

Anyways, I don't really have a personal opinion on this topic, so sorry about that. Without looking into it too deeply, it seems like a sensible metric to allow people to impute their normative beliefs into the market, which is something worthwhile, since we know that the market itself and the corporations that comprise it are legally immunized from being anything other than coldblooded and cut-throat.

 

[JonesBones]

On a quick glance, PepsiCo actually is one of the "more" ethical multinational corporations out there, it seems. Pfizer, Coca-Cola, McDonald's, and Lockheed all have a fair amount of skeletons in their respective corporate histories. Coca-Cola is one corporations that I'd be particularly hesitant to call ethical.

Anyways, I don't really have a personal opinion on this topic, so sorry about that. Without looking into it too deeply, it seems like a sensible metric to allow people to impute their normative beliefs into the market, which is something worthwhile, since we know that the market itself and the corporations that comprise it are legally immunized from being anything other than coldblooded and cut-throat.

It also poses a question, am I responsible for stocks I invest in? Apple has some bad business practices. Most big companies do. Are people who invest and profit on these companies culpable?

 

[VivaRevolution]

I thought this was a joke or photoshop. There is an ETF that has holdings of companies that are supposedly women friendly.

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Gender Diversity Index, which tracks U.S. companies that are leaders in advancing women through gender diversity on their boards of directors and in management

Their holdings. The stocks of companies they think are good for women

Pfizer Inc PFE 5.73%
Coca-Cola Co KO 4.99%
Mastercard Inc A MA 4.47%
PepsiCo Inc PEP 4.21%
International Business Machines Corp IBM 3.90%
McDonald's Corp MCD 3.45%
Amgen Inc AMGN 3.39%
Texas Instruments Inc TXN 2.80%
Lockheed Martin Corp LMT 2.65%
PayPal Holdings Inc

Does anyone think of these companies as particularly ethical? Here's their chart. The big drop in early February happened to everyone so ignore it. They also have sharia and christian etfs. A bunch of different ones. They don't invest in tobacco or alcohol and the company has to give a certain amount to charity each year. Can't wait to see what they come up with next.

It has a good expense ratio. May be something that some people on here are interested in. You could use it as a pickup line or on your resume. You invest in gender diversity.

Is that a list of Satan's army, or women friendly companies?

 

[Trotsky]

It also poses a question, am I responsible for stocks I invest in? Apple has some bad business practices. Most big companies do. Are people who invest and profit on these companies culpable?

In my opinion, absolutely.

If you are willing and able to detach from that and do not have any ethical problem doing so, then that's your prerogative.

 

[VivaRevolution]

It also poses a question, am I responsible for stocks I invest in? Apple has some bad business practices. Most big companies do. Are people who invest and profit on these companies culpable?

No, but that is a cultural judgement.

We should view it as such.

Unfortunately for us all where money is concerned, ethics and actually believing in things, aren't compatible.

 

[Lavalamp]

Are they diverse in all the genders?

 

[Fawlty]

Not sure why this went straight to general ethics, when it's about gender diversity. Am I missing something?

Seems like a reasonable way to match investors with values that are important to them, if that's how they want to invest. This doesn't seem all that much different from spending your money at stores that you agree with on social issues.

 

[n...not crazy]

It also poses a question, am I responsible for stocks I invest in? Apple has some bad business practices. Most big companies do. Are people who invest and profit on these companies culpable?

Investing is evil but I do it. I just don't invest in fucking prisons and tobacco, and shit like that. But yeah, my holdings surely employ Chinese child slaves.

ps McDonald's is ethical? Riiiiggghhht.

 

[Trotsky]

Not sure why this went straight to general ethics, when it's about gender diversity. Am I missing something?

Seems like a reasonable way to match investors with values that are important to them, if that's how they want to invest. This doesn't seem all that much different from spending your money at stores that you agree with on social issues.

Gender equality is, to many of us, pretty basically a matter of morality.