In June 2017, the NCEO created the Employee Ownership Index, an index of publicly traded companies that both had won major awards for high engagement management styles and had some form of broad-based employee ownership. The list was updated each year as some companies were added and some dropped off. Since that time, the Index outperformed the S&P 500 by about a 2 to 1 ratio. Until May of this year, the Index was housed at Motif Investments, an online platform that allowed users to develop funds that others could invest in. Motif was sold to Folio, and Folio does not allow that kind of investment. No other platform allows this, so the Index is not available as an investment.

Fortunately, Infinite Equity, a firm that tracks performance equity for individual compensation plans, offered to track the Index on its site. The platform allows you to see the results daily and separates out elements of the investment return. While you cannot invest in it, you can track how the Index has performed relative to the S&P 500 and the Russell 2000 since 2019. The Index will be updated annually. If you would like a copy of the companies on the list, contact me at [email protected].

To view the Index, you need first to register here. Use the code B2FC6971 to register. Once you have registered, you will use this link for further reference.