The Social Impact SRI portfolio is similar to our Broad Impact SRI portfolio, but further promotes the social pillar of ESG investing by allocating to two stock ETFs which specifically focus on diversity and inclusion: Impact Shares NAACP Minority Empowerment ETF (NACP) and SPDR SSGA Gender Diversity Index ETF (SHE).
By investing in NACP, investors are allocating more of their money to companies with a better track record of social equity as defined by the NAACP while maintaining market-like risk and strong diversification.
SHE is a US Stock ETF that allows investors to invest in more female-led companies compared to the broader market. By investing in SHE, investors are allocating more of their money to companies that have demonstrated greater gender diversity within senior leadership than other firms in their sector. To learn more about the portfolio construction of the Social Impact portfolio, review our full SRI portfolio methodology.
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