SHE vs. GARY
SHE (SPDR SSGA Gender Diversity Index ETF) and GARY (Mango Growth ETF) are both Large Cap Growth Equities funds. SHE is passively managed, while GARY is actively managed. Their correlation of 0.85 suggests significant overlap in exposure. SHE charges 0.20%/yr vs 0.77%/yr for GARY.
Performance
SHE vs. GARY - Performance Comparison
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Returns By Period
In the year-to-date period, SHE achieves a 16.82% return, which is significantly lower than GARY's 30.03% return.
SHE
- 1D
- -0.83%
- 1M
- -0.76%
- 6M
- 14.14%
- YTD
- 16.82%
- 1Y
- 25.12%
- 3Y*
- 21.32%
- 5Y*
- 9.68%
- 10Y*
- 12.13%
GARY
- 1D
- -1.55%
- 1M
- -0.00%
- 6M
- 22.99%
- YTD
- 30.03%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHE vs. GARY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SHE SPDR SSGA Gender Diversity Index ETF | 16.82% | 0.63% |
GARY Mango Growth ETF | 30.03% | 0.15% |
Correlation
The correlation between SHE and GARY is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 22, 2025 | 0.85 |
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Return for Risk
SHE vs. GARY — Risk / Return Rank
SHE
GARY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SHE vs. GARY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA Gender Diversity Index ETF (SHE) and Mango Growth ETF (GARY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SHE | GARY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | — | — |
| Martin ratioReturn relative to average drawdown | 11.19 | — | — |
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Drawdowns
SHE vs. GARY - Drawdown Comparison
The maximum SHE drawdown since its inception was -35.80%, which is greater than GARY's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for SHE and GARY.
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Drawdown Indicators
| SHE | GARY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.80% | -10.28% | -25.52% |
Max Drawdown (1Y)Largest decline over 1 year | -8.54% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -17.07% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.69% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.80% | — | — |
Current DrawdownCurrent decline from peak | -2.86% | -5.23% | +2.37% |
Average DrawdownAverage peak-to-trough decline | -6.27% | -1.87% | -4.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.25% | — | — |
Volatility
SHE vs. GARY - Volatility Comparison
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Volatility by Period
| SHE | GARY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.99% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.46% | 21.84% | -8.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.30% | 21.84% | -4.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.01% | 21.84% | -3.83% |
SHE vs. GARY - Expense Ratio Comparison
SHE has a 0.20% expense ratio, which is lower than GARY's 0.77% expense ratio.
Dividends
SHE vs. GARY - Dividend Comparison
SHE's dividend yield for the trailing twelve months is around 1.09%, more than GARY's 0.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GARY Mango Growth ETF | 0.04% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHE SPDR SSGA Gender Diversity Index ETF | 1.09% | 1.18% | 1.14% | 1.37% | 1.54% | 0.99% | 1.24% | 1.91% | 7.39% | 5.37% | 6.41% |
Frequently Asked Questions
SHE and GARY have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SHE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SHE is cheaper with a 0.20% expense ratio, compared with 0.77% for GARY.
SHE has the higher dividend yield at 1.09%, compared with 0.04% for GARY.
They also come from different issuers: State Street and Mango. Their fees differ too: 0.20% for SHE and 0.77% for GARY.
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