A shift away from the biggest technology stocks is helping a niche exchange-traded fund focused on women-led companies pull ahead of the broader U.S. market this year. The Hypatia Women CEO ETF, launched in January 2023, reaches an all-time high of $40.14 on Thursday and gains nearly 20% in 2026 through midday, compared with less than 13% for the S&P 500.

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