Q2 2023 Diversity, Equity, & Inclusion Funds Performance – 3 & 12-month

A small but growing number of public diversity, equity, and inclusion (DEI) funds have an investment philosophy centered on investing in companies with robust and public corporate diversity policies. Performance and key stats for eight funds and four indexes in this coverage set are listed in the table below. The assets under management totaled $1.8 billion as of June 30, 2023.

30-Jun-2023Performance as of June 30, 2023 (%)
Inception DateTickerAUM (USD M)Funds, Benchmarks, Tracking IndexesType of Fund3 mos1 yearAsset Manager
Global Equity
08-Dec-2020JSTC141Adasina Social Justice All Cap Global ETFETFUSD3.1713.41Adasina Social Capital
JUSTICEAdasina Social Justice IndexUSD3.3413.73
07-Sep-2018OPEN:LN74iShares Refinitiv Inclusion and Diversity UCITS ETFETFUSD2.7414.49Blackrock
TRDIGXFNRefinitiv Global Large/Mid Diversity & Inclusion ex. Controversial Weapons Equal Weight Net Total ReturnUSD2.7614.69
Global AUM:215
Regional Equity
16-Mar-1994NBSRX1350Neuberger Berman Sustainable Equity FundMutual FundUSD8.7618.78Neuberger Berman
S&P 500 Total Return IndexUSD8.7419.59
18-Jul-2018NACP45Impact Shares NAACP Minority Empowerment ETFETFUSD6.0218.90Impact Shares
Morningstar Minority Empowerment TR USDUSD5.8719.66
01-Jun-1988WEQRXN/ASegall Bryant & Hamill Workplace Equity FundMutual FundUSDN/AN/ASegall Bryant & Hamill
Russell 1000USDN/AN/A
29-Oct-2007156AXA WF ACT Human CapitalSICAVEUR5.143.69AXA Investment Managers
50% STOXX Europe Small 200 Total Return Net + 50% STOXX Europe Mid 200 Total Return NetN/A8.40
24-Sep-202117R-co 4Change Inclusion & Handicap EquitySICAVEUR2.3514.27Rothschild & Co Asset Management
STOXX Europe 600EURN/A16.49
South Africa
11-Aug-2021STXID1Satrix Inclusion & Diversity ETFETFZARN/A5.62Satrix S.A.
FTSE/JSE Top 40 Total Return IndexZARN/A6.46
Regional Equity AUM:1584
Total AUM:1799

The above publicly available content is for informational purposes only and does not constitute investment advice.

See Gender Lens Equity Fund Key Stats