Companies must have a female¹ CEO.
- Why?
Women are hugely underrepresented at the CEO position, making up just 6% of CEOs globally. The decisions that these leaders make have a huge impact on a business’ performance while they are at the helm.
Markets don't like female leaders.
Big mistake.
Pink Chip indices measure the performance of women-led companies against global benchmarks. They prove women are better for business, whether markets like it or not.
Help us bring pink chip to every market.
TOP
SECTORS
powered by
All
SECTORS
| # | %of index | Nameof sector |
|---|---|---|
| 1 | 14% | Finance |
| 2 | 13% | Electronic Technology |
| 3 | 12% | Technology Services |
| 4 | 10% | Producer Manufacturing |
| 5 | 9% | Health Technology |
| 6 | 6% | Consumer Services |
| 7 | 6% | Consumer Non-Durables |
| 8 | 6% | Energy Minerals |
| 9 | 6% | Commercial Services |
| 10 | 4% | Transportation |
| 11 | 4% | Health Services |
| 12 | 2% | Non-Energy Minerals |
| 13 | 2% | Consumer Durables |
| 14 | 2% | Industrial Services |
| 15 | 2% | Utilities |
| 16 | 2% | Process Industries |
powered by
Top ten
Holdings
Ranked by index %, displayed with market cap size.
All
Companies
index
Criteria
01
A Female ceo
02
>$2BN MARKET CAP, US LISTED
Companies must be listed on a US stock exchange and have a minimum market cap of US$ 2 billion.
- Why?
For now, Pink Chip focuses on mid and large-cap companies listed on US exchanges. This is an intentional choice designed to constrain the universe of the index.
03
>8% CAGR OVER 3 YEARS
Companies must have demonstrated revenue growth of at least 8% over the last 3 years.
- Why?
Think of this as a quality control measure. By only including companies that have have demonstrated sustained, impactful growth over a 3 year-window, we can control for the glass cliff effect².
1 Please note that when we speak of “Female”, we are inclusive of all female-identifying people.
2 Research has shown that women are more likely than men to be appointed to boards or positions of leadership in companies experiencing consistently bad performance. This phenomenon is called the glass cliff, and it means women are more likely to be ‘caretaker CEOs’ than their male counterparts. Source: Ryan, M. And Haslam, S. (2005).
Index
Methodology
PINK CHIP IS A WEIGHTED INDEX.
Of the companies that meet our criteria, we only include those that are in the top 50th percentile based on 3-year revenue growth rates. Of those companies, we overweight the companies in the top 20th percentile.
About us
Our Future
Supporters
UNW SDG5
DID YOU KNOW
- That female business leaders, on average, outperform their male counterparts?
- That only 6% of CEOs of publicly listed companies are women?
- And that when female leaders are publicly appointed, their company’s share price drops by 3% - even though the data predicts she will make the company more successful?
There’s a bias against women in business and it’s our mission to reverse it.
OUR MISSION:
Pink Chip, a non-profit initiative, is on a mission to reverse bias against women in business by elevating the success of female leaders everywhere. By creating a global financial category focused on female leadership—similar to Green Chip for sustainability and Blue Chip for reliability— Pink Chip represents and champions female-led companies around the world.
Pink Chip’s competitive indices and transparent lists, powered by Thematic, are available to investors everywhere and prove that bias has no place in any portfolio and is actually detrimental to your bottom line.
HOW?
Our fully transparent index and company lists allow investors to locate successful female-led companies and invest directly in them. Starting with the US, each Pink Chip index tracks women-led companies in markets around the world, helping investors to realise the true value of female leadership, free from the market bias that undervalues it.
In partnership with UN Women NL, Pink Chip also advocates for women in business and encourages both men and women to invest in female leadership, helping to close both the investing gap and wealth gap.
Our plan is to launch more Pink Chip indices and company lists in markets around the globe so that investors can discover the bottom-line benefits of female leadership, and we can start a global conversation about the biases that hold women, businesses and portfolios back.
Pink Chip US is already live and available on platforms such as DEGIRO. If you’d like to request an index in your market or express interest in a Pink Chip ETF, get in touch.
WHAT DOES SUCCESS LOOK LIKE?
01 - A higher percentage of female leaders across the globe.
02 - Reverse the drop in share price that businesses experience after appointing female leaders.
03 - Increased access to female-led companies within investment apps around the world.
STAY UP TO DATE
Sign up to receive updates, request an index in your market, or express interest in a Pink Chip ETF. We don't spam, we don't sell data, and we don't ask for donations.
Pink Chip is in support of UN women and actively contributes to UN Women’s Sustainable Development Goal 5, achieving gender equality and empowering all women and girls.
The first Pink Chip list is for the US market and is launching on DEGIRO. However, bias against female leadership is a global problem and requires a global solution. As Pink Chip expands into new markets, we are looking for partners to host our indices and lists and ensure that gender lens investing is made available to as many investors as possible.
JOIN PINK CHIP
If you represent a platform that is interested in hosting an index, please get in touch: contact@pinkchip.org
SUPPORT OUR MISSION
Sign the petition. Every signature we collect helps us convince trading platforms around the world that they should host a Pink Chip index.
FAQ
Why “Pink Chip”?
In the world of finance and trading, investors refer to stocks as "chips" and categorise them based on colour. Blue chips, for example, are stocks of companies that are considered as large, well-known and highly valued companies, while "green chips" refer to companies working in green energy, sustainability or other activities associated with environmentalism.
Pink Chip represents an entirely new financial category in which “pink” refers to the power that women bring to the businesses that they lead.
Are women better for business?
Are markets biased against women?
Can I invest in Pink Chip?