An analysis by Fidelity found that women, on average, earn 0.4% more than men annually when investing. Women bought and sold half as much as male customers.
Fidelity’s analysis covered 5.2 million customer accounts (some people had more than one), from 2011 to 2020. It looked at individual retirement accounts, 529 plans and basic brokerage accounts that individuals (not financial advisers) controlled, but not workplace accounts like 401(k)s. No strategies were excluded: Those who traded individual stocks were tracked along with those who stuck to mutual funds.
Read Women May Be Better Investors Than Men. Let Me Mansplain Why.