Q3 2024 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 $2.0 billion as of September 30, 2024.

30-Sep-2024				Performance as of September 30, 2024 (%)
Inception Date	Ticker	AUM (USD M)	Funds, Benchmarks, Tracking Indexes	Type of Fund		3 mos	1 year	Asset Manager
			Global Equity
08-Dec-2020	JSTC	207	Adasina Social Justice All Cap Global ETF	ETF	USD	9.46	23.39	Adasina Social Capital
	JUSTICE		Adasina Social Justice Index		USD	9.74	25.04
07-Sep-2018	OPEN:LN	51	iShares Refinitiv Inclusion and Diversity UCITS ETF	ETF	USD	11.19	27.33	Blackrock
	TRDIGXFN		Refinitiv Global Large/Mid Diversity & Inclusion ex. Controversial Weapons Equal Weight Net Total Return		USD	11.34	27.54
Global AUM:		258
			Regional Equity
			U.S.
16-Mar-1994	NBSRX	1550	Neuberger Berman Sustainable Equity Fund	Mutual Fund	USD	4.74	38.36	Neuberger Berman
			S&P 500 Total Return Index		USD	5.89	36.35
18-Jul-2018	NACP	51	Impact Shares NAACP Minority Empowerment ETF	ETF	USD	5.12	35.29	Impact Shares
			Morningstar Minority Empowerment TR USD		USD	5.16	35.86
			Europe
29-Oct-2007		171	AXA WF ACT Human Capital	SICAV	EUR	6.39	18.58	AXA Investment Managers
			50% STOXX Europe Small 200 Total Return Net + 50% STOXX Europe Mid 200 Total Return Net			5.02	18.59
24-Sep-2021		20	R-co 4Change Inclusion & Handicap Equity	SICAV	EUR	5.32	18.96	Rothschild & Co Asset Management
			STOXX Europe 600		EUR	N/A	19.22
			South Africa
11-Aug-2021	STXID	1	Satrix Inclusion & Diversity ETF	ETF	ZAR	N/A	15.94	Satrix S.A.
			FTSE/JSE Top 40 Total Return Index		ZAR	N/A	16.87
Regional Equity AUM:		1792
Total AUM:		2051

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

See Diversity, Equity, & Inclusion Fund Key Stats