State Street SPDR MSCI USA Gender Diversity ETF (SHE) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
State Street SPDR MSCI USA Gender Diversity ETF (SHE) trades at $157.85. The State Street SPDR MSCI USA Gender Diversity ETF (SHE) aims to mirror the performance of the MSCI USA Gender Diversity Select… Market cap: $332M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for SHE: SHE does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SHE against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on SHE.
How is this calculated? →State Street SPDR MSCI USA Gender Diversity ETF (SHE) Financial Services Profile
State Street SPDR MSCI USA Gender Diversity ETF (SHE) provides exposure to U.S. companies leading in gender diversity, tracking the MSCI USA Gender Diversity Select Index. The fund offers investors a way to align investments with companies demonstrating commitment to gender diversity, weighted by market capitalization and Gender Diversity Score, within the broader asset management sector.
What Is the Investment Thesis for SHE?
The State Street SPDR MSCI USA Gender Diversity ETF (SHE), with a market cap of $332M and a beta of 0.96, presents a focused investment in companies prioritizing gender diversity. A key value driver is the increasing investor interest in ESG factors, particularly gender equality. Growth catalysts include growing awareness of the benefits of diverse leadership and potential outperformance of companies with strong diversity metrics. However, the fund's performance is subject to market fluctuations and the specific performance of the companies within the MSCI USA Gender Diversity Select Index. The absence of dividend yield may deter some investors seeking income. The ETF's success hinges on continued investor appetite for ESG-focused investments and the ability of its underlying index to identify and weight companies effectively based on gender diversity metrics.
Based on FMP financials and quantitative analysis
SHE Key Highlights
Market Cap of $332M indicates a relatively small-cap ETF.
- Beta of 0.96 suggests the ETF's volatility is slightly less than the overall market.
- The ETF tracks the MSCI USA Gender Diversity Select Index, providing targeted exposure to companies with strong gender diversity practices.
- Absence of dividend yield may not appeal to income-focused investors.
- The ETF's performance is directly linked to the performance of its underlying index and the companies it holds.
Who Are SHE's Competitors?
SHE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BNKU MicroSectors U.S. Big Banks 3 Leveraged ETN | $42.31 | -5.48% | $443M | 44 |
| DJUN FT Vest U.S. Equity Deep Buffer ETF - June | $49.94 | -0.42% | $329M | 47 |
| GDEC FT Vest U.S. Equity Moderate Buffer ETF - December | $40.47 | -0.20% | $292M | 47 |
| HEDG Equable Shares Hedged Equity ETF | $30.54 | -0.25% | $419M | 50 |
| JIG JPMorgan International Growth ETF | $84.60 | +0.13% | $329M | 47 |
| CAF Morgan Stanley China A Share Fund, Inc. | $19.33 | -1.23% | $325M | 87 |
| PLTS Platinum Analytics Cayman Ltd. | $17.50 | +0.00% | $316M | 68 |
| LEGO Legato Merger Corp. | $10.00 | +0.10% | $313M | 67 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SHE's Key Strengths?
Focus on gender diversity aligns with growing ESG trend.
- Tracks a transparent and rules-based index.
- Part of the established State Street SPDR ETF family.
- Provides targeted exposure to companies with strong gender diversity practices.
What Are SHE's Weaknesses?
Relatively small market cap compared to broader market ETFs.
- Absence of dividend yield may deter some investors.
- Performance is dependent on the specific companies within the index.
- Limited diversification compared to broader market ETFs.
What Could Drive SHE Stock Higher?
Increasing investor interest in ESG and socially responsible investing.
- Growing awareness of the benefits of diverse leadership teams.
- Potential expansion of the MSCI USA Gender Diversity Select Index.
- Partnerships with diversity and inclusion organizations.
What Are the Key Risks for SHE?
Market fluctuations and economic downturns.
- Competition from other ESG ETFs and investment products.
- Changes in investor sentiment towards ESG investing.
- Underperformance of companies within the index.
- Dependence on the performance of a specific index and its constituents.
What Are the Growth Opportunities for SHE?
- Increased ESG Investing: The growing trend of ESG investing presents a significant growth opportunity for SHE. As more investors prioritize social and environmental impact, demand for ESG-focused ETFs like SHE is likely to increase. Capitalizing on this trend requires effective marketing and demonstrating the fund's alignment with ESG principles.
- Growing Awareness of Diversity Benefits: Mounting evidence suggests that companies with diverse leadership teams tend to perform better financially. This growing awareness can attract investors to SHE, as it provides exposure to companies recognized for their commitment to gender diversity. Promoting research and data highlighting the positive correlation between gender diversity and financial performance can further drive investor interest in SHE.
- Expansion of the MSCI USA Gender Diversity Select Index: The potential expansion of the MSCI USA Gender Diversity Select Index to include more companies can enhance SHE's diversification and attractiveness. As more companies prioritize gender diversity and meet the index's criteria, SHE can benefit from a broader range of investment opportunities. Actively engaging with MSCI to advocate for index expansion and refinement can contribute to SHE's growth.
- Partnerships with Diversity and Inclusion Organizations: Collaborating with diversity and inclusion organizations can enhance SHE's credibility and reach. Partnering with these organizations can provide SHE with access to a wider network of investors and stakeholders interested in gender diversity. Joint initiatives, such as educational programs and awareness campaigns, can further promote SHE's mission and attract new investors.
- Development of New ESG-Focused Products: Leveraging the expertise and infrastructure behind SHE, State Street could develop new ESG-focused ETFs targeting other social or environmental issues. This expansion can diversify State Street's product offerings and cater to a broader range of ESG investors. Conducting market research to identify unmet needs and developing innovative ESG investment solutions can drive future growth.
What Are SHE's Competitive Advantages?
- First-mover advantage in offering a gender diversity-focused ETF.
- Established brand recognition under the State Street SPDR brand.
- Replication of the MSCI USA Gender Diversity Select Index provides a transparent and rules-based approach.
- Access to State Street's extensive distribution network and resources.
What Does SHE Do?
The State Street SPDR MSCI USA Gender Diversity ETF (SHE) was created to track the performance of the MSCI USA Gender Diversity Select Index. This index is composed of U.S. companies that demonstrate a commitment to promoting and supporting gender diversity throughout all levels of their organization. The ETF's investment strategy centers around providing exposure to these companies, reflecting a growing interest in socially responsible investing and environmental, social, and governance (ESG) factors. Companies included in the index are evaluated not only on their representation of women but also on their diversity policies and programs that promote advancement. The ETF weights companies according to their market capitalization and Gender Diversity Score, a metric that assesses a company's women representation and diversity management practices. SHE offers investors a targeted approach to investing in companies recognized for their gender diversity efforts within the U.S. equity market. As of 2026, the fund continues to serve as a vehicle for investors seeking to align their investments with companies prioritizing gender diversity.
What Products and Services Does SHE Offer?
- Provide investors with exposure to U.S. companies demonstrating a commitment to gender diversity.
- Track the performance of the MSCI USA Gender Diversity Select Index.
- Invest in companies that lead their sector in promoting and supporting gender diversity.
- Evaluate companies on their diversity policies and programs.
- Weight companies according to their market capitalization and Gender Diversity Score.
- Offer a way to align investments with companies prioritizing gender diversity.
How Does SHE Make Money?
- Tracks the MSCI USA Gender Diversity Select Index.
- Generates revenue through management fees charged to investors.
- Invests in companies based on their Gender Diversity Score and market capitalization.
- Provides a transparent and rules-based approach to gender diversity investing.
What Industry Does SHE Operate In?
The State Street SPDR MSCI USA Gender Diversity ETF operates within the asset management industry, specifically in the growing segment of ESG (Environmental, Social, and Governance) investing. The increasing awareness of social issues and the potential financial benefits of diverse leadership are driving demand for ESG-focused investment products. The competitive landscape includes other ESG ETFs and funds, but SHE differentiates itself by focusing specifically on gender diversity. The asset management industry is experiencing growth in ESG assets, with projections indicating continued expansion as investors increasingly prioritize social and environmental impact alongside financial returns.
Who Are SHE's Key Customers?
- Institutional investors seeking ESG-focused investments.
- Retail investors interested in socially responsible investing.
- Financial advisors looking to offer clients gender diversity investment options.
- Pension funds and endowments with ESG mandates.
SHE Valuation & Market Position
With a $332M market cap, State Street SPDR MSCI USA Gender Diversity ETF sits in the small-cap segment of the market.
Key Financial Metrics
Return on equity for State Street SPDR MSCI USA Gender Diversity ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. SHE trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
SHE Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying indicates confidence in the ETF's strategy focusing on gender diversity, aligning with increasing investor interest in ESG factors.
- Community sentiment has shifted positively as discussions around gender diversity in corporate leadership gain momentum, attracting more socially conscious investors.
- The ETF's unique positioning allows it to capitalize on the growing trend of companies prioritizing diversity, potentially leading to better long-term performance.
- Recent media coverage highlighting the benefits of gender diversity in corporate governance has sparked renewed interest in funds like SHE, enhancing its visibility.
Bear Case
- Concerns about the overall market volatility may lead some investors to view niche ETFs like SHE as higher risk, resulting in cautious sentiment.
- Some community members express skepticism about the actual impact of diversity on financial performance, leading to mixed opinions on the ETF's long-term viability.
- Recent performance comparisons with broader market indices show SHE lagging, causing investors to question its effectiveness as a diversification tool.
- Insider selling activity in similar funds raises red flags, causing some to speculate about potential weaknesses in the ETF's underlying strategy.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SHE Latest News
No recent news available for SHE.
SHE Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SHE.
Price Targets
Wall Street price target analysis for SHE.
SHE MoonshotScore
What does this score mean?
The MoonshotScore rates SHE 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Common Questions About SHE (Financial Services)
What does State Street SPDR MSCI USA Gender Diversity ETF do?
The State Street SPDR MSCI USA Gender Diversity ETF (SHE) is designed to track the performance of the MSCI USA Gender Diversity Select Index. This index comprises U.S. companies that demonstrate a commitment to promoting and supporting gender diversity at all organizational levels.
What are the main risks for SHE?
The main risks for SHE include market fluctuations, competition from other ESG ETFs, and changes in investor sentiment towards ESG investing. Additionally, the fund's performance is dependent on the specific companies within the MSCI USA Gender Diversity Select Index, and underperformance by these companies could negatively impact SHE's returns.
How does State Street SPDR MSCI USA Gender Diversity ETF address regulatory compliance in the financial sector?
As an ETF operating within the financial sector, State Street SPDR MSCI USA Gender Diversity ETF is subject to regulatory oversight by the Securities and Exchange Commission (SEC). The fund must comply with various regulations, including those related to fund registration, reporting, and disclosure. State Street, as the fund's manager, is responsible for ensuring compliance with these regulations.
How does State Street SPDR MSCI USA Gender Diversity ETF adapt to evolving trends in socially responsible investing?
State Street SPDR MSCI USA Gender Diversity ETF adapts to evolving trends in socially responsible investing by continuously monitoring investor preferences and market developments. The fund may adjust its investment strategy or index methodology to reflect these changes.
What are the key factors to evaluate for SHE?
Evaluate SHE on fundamentals, analyst consensus, and risk factors. The State Street SPDR MSCI USA Gender Diversity ETF (SHE), with a market cap of $332M and a beta of 0.96, presents a focused investment in companies prioritizing gender diversity. Not financial advice.
How frequently does SHE data refresh on this page?
SHE's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven SHE's recent stock price performance?
State Street SPDR MSCI USA Gender Diversity ETF (SHE) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focus on gender diversity aligns with growing ESG trend. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SHE overvalued or undervalued right now?
State Street SPDR MSCI USA Gender Diversity ETF (SHE) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis is pending for SHE, limiting the depth of financial analysis.
- The ETF's performance is subject to market fluctuations and the performance of its underlying index.