Revolut Reveals: Women Investors Outperform Men by 4% in 2024, Bridging the Investment Gap
In a significant shift within the investment landscape, data from Revolut reveals that women’s investments outperformed men’s by an impressive four percent in 2024. This trend indicates a growing empowerment among female investors, challenging outdated stereotypes about women’s financial acumen.
Women Outperform Men in Investment Returns
According to recent statistics from Revolut, female investors have taken the lead in generating better returns compared to their male counterparts. Here are some key insights from the data:
- Overall Performance: Women’s investments saw a four percent higher return than men’s in 2024.
- Account Growth: Women opened 31 percent more trading accounts compared to the previous year, highlighting their increasing participation in the investment space.
Age Breakdown of Investment Success
The performance of women investors varied across different age groups:
- Aged 45 to 54: Women in this age group outperformed men by 1.2 percent.
- Millennial Women (Aged 25 to 34): Recorded 0.9 percent higher profits than their male peers.
- Aged 55 to 64: Women in this bracket saw a profit increase of 0.7 percent over same-aged men.
- Young Women (Aged 18 to 24): Although they earned 1 percent less than men, this group experienced a remarkable 32 percent increase in account openings.
Empowering Women Investors
Yana Shkrebenkova, CEO of Wealth and Trading at Revolut UK, remarked on this trend, stating, “It’s refreshing but not unexpected to see women finally out-investing men.” She noted that Gen-Z women are particularly active in the investment space, leveraging online resources to enhance their financial knowledge and skills.
Closing the Gender Investment Gap
The surge in female investors is not just a fleeting trend. Revolut’s data indicates:
- Increased Account Openings: The number of trading accounts opened by women rose by 31 percent year-on-year, compared to 20 percent for men.
- Age Group Highlights: Women aged 45 to 54 and those aged 18 to 24 were significant drivers of this growth.
Shkrebenkova emphasized that as women gain confidence in trading and wealth management, the gender investment gap is expected to continue narrowing.
Investment Trends in 2024
In 2024, technology stocks dominated the investment landscape for UK customers, with NVIDIA emerging as the most traded US stock, reflecting a staggering increase in its share price by 186 percent.
Revolut’s Growth in Active Traders
Revolut Invest reported a remarkable increase in user engagement:
- Monthly Active Traders: A 150 percent rise in the number of active traders.
- Trading Activity: Monthly trading activity surged by 200 percent.
For more insights into investment trends and financial empowerment, visit Investopedia and explore related articles on Revolut’s official site.