The tables below show the quarter-end, aggregated sector and country allocations across the primary publicly-traded gender lens equity funds available to individual investors. Additionally, we provide the latest global country rankings of gender equality by various global organizations.
Gender Lens Funds: AUM-Weighted Sector Allocations
| Ranked by largest to smallest weights as of September 30, 2020 | ||||
| Sector | 30-Sep-20 | 30-Jun-20 | 31-Mar-20 | 31-Dec-19 |
| Information Technology | 19.12% | 18.72% | 15.80% | 14.70% |
| Financials | 16.33% | 16.51% | 18.20% | 20.20% |
| Health Care | 11.86% | 12.42% | 12.10% | 10.80% |
| Consumer Discretionary | 11.70% | 10.84% | 9.80% | 10.80% |
| Consumer Staples | 10.63% | 11.21% | 11.00% | 10.60% |
| Industrials | 8.94% | 7.91% | 7.20% | 7.10% |
| Communication Services | 6.09% | 6.00% | 5.70% | 5.70% |
| Materials | 4.95% | 5.57% | 4.80% | 4.70% |
| Utilities | 3.32% | 3.90% | 4.20% | 3.90% |
| Real Estate | 2.40% | 1.83% | 2.00% | 2.00% |
| Cash | 2.07% | 0.82% | 3.60% | 3.60% |
| Other | 1.79% | 2.66% | 1.30% | 2.40% |
| Energy | 0.81% | 1.61% | 4.30% | 3.30% |
| Total | 100.00% | 100.00% | 100.00% | 100.00% |
| Source: AUM and sector weightings publicly reported by gender lens equity funds listed here. Gender Lens Equity Funds: Key Stats | ||||
Gender Lens Funds: AUM-Weighted Country Allocations
The combined asset-weighted diversification by country for all gender lens funds, both global and regional, is depicted in the following chart.
| Ranked by largest to smallest weights as of September 30, 2020 | ||||
| Country | 30-Sep-20 | 30-Jun-20 | 31-Mar-20 | 31-Dec-19 |
| U.S. | 58.88% | 56.05% | 53.26% | 54.35% |
| Canada | 7.53% | 9.55% | 15.63% | 12.51% |
| France | 4.83% | 4.83% | 4.24% | 4.68% |
| Germany | 4.66% | 4.62% | 1.56% | 1.76% |
| U.K. | 3.86% | 6.49% | 7.48% | 9.02% |
| Japan | 3.32% | 3.30% | 3.80% | 3.76% |
| Australia | 2.57% | 2.72% | 2.59% | 2.83% |
| Sweden | 1.69% | 1.56% | 1.07% | 1.54% |
| Denmark | 0.95% | 0.75% | 0.53% | 0.25% |
| Eurozone | 0.90% | 0.98% | 0.92% | 1.04% |
| Norway | 0.80% | 1.06% | 1.05% | 0.94% |
| Switzerland | 0.74% | 0.75% | 0.66% | 0.51% |
| Finland | 0.70% | 0.68% | 1.36% | 0.61% |
| Netherlands | 0.65% | 1.98% | 1.97% | 1.96% |
| Spain | 0.49% | 0.56% | 0.54% | 0.58% |
| Eurozone - ex Euro | 0.45% | 0.51% | 0.57% | 0.65% |
| Emerging Asia | 0.01% | 0.38% | .047% | 0.43% |
| Other | 6.97% | 3.23% | 2.29% | 2.58% |
| Total | 100.00% | 100.00% | 100.00% | 100.00% |
| Source: AUM and country weightings publicly reported by gender lens equity funds listed here. Gender Lens Equity Funds: Key Stats | ||||
Leading Global Rankings of Gender Equality
These country allocations can be compared to several leading global rankings of gender equality by country. The results of three of these ranking systems are shown in the chart below.
| Equal Measures 2030 | Equileap | OECD | UNDP | U.S. News and World Report | World Economic Forum | |
| Rank | Jun 2019 | 2019 | 2019 | 2019 | Mar 2020 | Dec 2019 |
| 1 | Denmark | Australia | Switzerland | Norway | Denmark | Iceland |
| 2 | Finland | France | Denmark | Switzerland | Sweden | Norway |
| 3 | Sweden | Sweden | Sweden | Ireland | Netherlands | Finland |
| 4 | Norway | Italy | France | Germany [tie for 4th] | Norway | Sweden |
| 5 | Netherlands | United Kingdom | Portugal | Hong Kong, China (SAR) [tie for 4th] | Canada | Nicaragua |
| 6 | Slovenia | Germany | Belgium | Australia [tie for 6th] | Finland | New Zealand |
| 7 | Germany | Switzerland | Austria | Iceland [tie for 6th] | Switzerland | Ireland |
| 8 | Canada | Canada | Slovenia | Sweden | New Zealand | Spain |
| 9 | Ireland | United States | Italy | Singapore | Australia | Rwanda |
| 10 | Australia | Japan | Estonia | Netherlands | Austria | Germany |
| Sources: Equal Measures 2030, Equileap, OECD, UNDP, U.S. News and World Report, and World Economic Forum. Details below. | ||||||
Equal Measures 2030’s SDG Gender Index provides an quantitative indicator to governments to gauge well their laws and policies advance women’s rights and measure progress toward the UN Sustainable Development Goals (SDG) on gender equality.
Equileap’s Gender Equality Global Report & Ranking is based on evaluations of individual companies across 19 gender equality criteria. A country score is the average of all scored companies domiciled there. Countries are ranked accordingly. The 23 countries included in the 2019 dataset have 50 or more scored companies.
The Organization of Economic Development’s (OECD) Social Institution and Gender Index utilizes 27 variables to measure the level of discrimination and restrictions experienced in a country due to gender.
The United Nations Development Programme’s Gender Inequality Index measures gender gaps in three areas of human development namely reproductive health, educational and political empowerment and labor market participation.
The U.S. News and World Report’s Best Countries for Women list is a perception-based system derived from the survey responses of women on questions related to human rights, gender equality, income equality, progress and safety.
The World Economic Forum’s gender rankings are culled from surveys and statistics from leading multinational organizations, indicate important progress in education, health, and economic participation.
Contact us to request a PDF version of this page
The above publicly-available content is for informational purposes only and does not constitute investment advice.