Workplace Equality Index

Bloomberg: LGBTEQLT
Reuters: LGBTEQLT

Investment Objective

The Workplace Equality Index ® is an equity index that consists of publicly-traded companies that support lesbian, gay, bisexual and transgender (LGBT) equality in the workplace.

Performance

Previous Quarter Ending:
Fund Name %3 Mo6 MoCYTD1 Yr3 Yr5 Yr10 YrSince Inception*
Performance as of:..
Fund Name %1 Mo3 Mo6 MoCYTD1 Yr3 Yr5 Yr10 YrSince Inception*

Index Construction & Methodology

The screening criteria generally include mandatory language in a company’s equal employment opportunity (EEO) statement prohibiting discrimination based on sexual orientation and gender identity, offering health benefits to same-sex partners or spouses of employees, along with other corporate benefits and privileges. Other screens are performed with the goal of eliminating companies that would detract from the Index such as companies in bankruptcy or reorganization. Stocks of the companies in the Index are equal-weighted, typically with a market capitalization larger than $250 million. The Index is reconstituted with additions and deletions once a year, and rebalanced to equal weight at the end of every quarter.

Stock Selection Process

Public Companies Trading in U.S. Markets

  • All Public Companies doing business in U.S. and trading on U.S. Markets

Companies must meet objective criteria, including:

  • Prohibits discrimination based on sexual orientation
  • Prohibits discrimination based on gender identity or expression
  • Offers partner health/medical insurance
  • Provide support for employee LGBT group

Liquidity screens

  • $250 million minimum market cap
  • Minimum avg. daily trading volume of $2 million for previous 30 days
  • Not currently in bankruptcy or reorganization

Portfolio Construction

  • The stocks in the Index are weighted equally as of each rebalance date
  • The Index is reconstituted once a year (3rd Friday of June) and rebalanced quarterly

Investment Team

John N. Roberts, Esq.

Senior Portfolio Manager, Principal

Read Bio

Disclosure

It is not possible to invest directly in an index. Index performance does not reflect the deduction of any fees or expenses. Data for the index is back-tested. Back-tested data takes a set of criteria and applies it rigorously at each historical rebalancing to select constituents. Back-testing has been performed by Solactive AG, an independent third party. The S&P 500® Index is an unmanaged capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy. Standard & Poor’s is the owner of the S&P Index data contained on this site and all trademarks and copyrights related thereto. Past results of the Workplace Equality Index™ are no guarantee of future performance.

How To Invest

  1. To learn more about how we can manage a separate account portfolio for you based on the index, contact us.
  2. To learn how to invest in a separate account portfolio through your financial advisor, visit Parametric.
  3. Learn how to invest in an exchange-traded fund (ETF) designed to track the performance of the Workplace Equality Index®. Learn more