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Fund with woman’s touch beating market

CEO of PepsiCo Indra Nooyi speaks at the official opening of a PepsiCo bottling plant in Domodedovo, near Moscow, on July 8, 2009.
Natalia Kolesnikova | AFP | Getty Images
CEO of PepsiCo Indra Nooyi speaks at the official opening of a PepsiCo bottling plant in Domodedovo, near Moscow, on July 8, 2009.

Having more females in higher positions could help a company's stock, if the initial performance of Barclay's $27 million Women in Leadership ETN is any guide.

Since its July launch, the fund is topping the S&P by about 1 percent. Not too shabby, considering the current poor track record of mutual funds whose managers pick stocks based on fundamentals.