AADRAdvisorShares Dorsey Wright ADR ETF
AADR Fund Description
The AdvisorShares Dorsey Wright ADR ETF is an actively managed ETF that aims to outperform the international market by holding ADRs with high Relative Strength.
AADR Factset Analytics Insight
AADR is an actively managed portfolio of international stocks chosen for their strong price momentum (Relative Strength, as defined by sub-advisor Dorsey Wright and Associates), and gains its exposure to these stocks via ADRs. The fund is highly concentrated compared to our benchmark, which has several thousand holdings. Handpicking a few dozen names from this universe will necessarily result in a poor Fit score. AADR is very pricey and can be expensive to trade, so make sure its strategy is worth its cost. Large institutions in particular may face significant trading hurdles due to an illiquid basket.
AADR changed its name, strategy, and sub-advisor in August 2016. The fund previously sought out ADRs with growth characteristics. Today, the funds prospectus notes that the sub-advisor does not consider company fundamentals in its analysis. Though the sub-advisor aims for diversified sector and industry exposure, it does not target a particular allocation between developed and emerging markets.
AADR MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 14, 2018 the AdvisorShares Dorsey Wright ADR ETF MSCI ESG Fund Quality Score is 3.97 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. AADR ranks in the 0th percentile within its peer group and in the 9th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
AADR CHARTS AND PERFORMANCE
AADR Top 10 Countries
AADR Top 10 Sectors
AADR Top 10 Holdings [View All]
AADR Summary Data
AADR Portfolio Data
AADR Index Data
AADR Portfolio Management
AADR Tax Exposures
AADR Fund Structure
AADR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of AADR. AADR is rated a 3 out of 5.
AADR Sector/Industry Breakdown
AADR TOP 10 HOLDINGS[View All]
AADR Economic Development
AADR Performance Statistics
AADR MSCI ESG Ratings
AADR BENCHMARK COMPARISON SUMMARY
AADR BENCHMARK COMPARISON MARKET CAP SIZE