EQUL Profile
The
IQ Engender Equality ETF (EQUL) is an exchange-traded fund that tracks
the performance of companies that prioritize gender diversity and
promote gender equality. The fund seeks to replicate the performance
of the Bloomberg Gender-Equality Index, which is designed to measure
the performance of companies committed to gender equality.
EQUL
was launched by IndexIQ in March 2018 and has an expense ratio of
0.25%. The fund invests primarily in large-cap U.S. companies and aims
to invest in companies that have a strong commitment to gender
diversity and equality in the workplace, as well as those that have
demonstrated progress in these areas.
As of March 2023, the top
holdings of EQUL include companies such as
Microsoft,
Apple,
Amazon,
Procter & Gamble,
and Alphabet
(Google), among others. The fund has over $50 million in assets under
management and is traded on the New York Stock Exchange (NYSE).
Investing in EQUL provides investors with exposure to companies
that have made a commitment to gender diversity and equality, which
can help promote social responsibility and create positive change.
However, as with all investments, it is important for investors to
conduct their own research and carefully consider the risks and
potential rewards before investing in EQUL or any
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