ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund
What is ADRE?
ADRE tracks a market-cap-weighted index of roughly 50 depositary receipts from emerging markets.
ADRE Factset Analytics Insight
The fund is closing. The last day of trading on an exchange is March 30, 2023. ADRE, the oldest of the emerging market large-cap ETFs, launched at a time when international ETFs were just starting to take hold. As such, the fund tracks a cautious index of just ADRs, a concession that fund issuers don't tend to make anymore, opting instead for local shares. The ADR-only strategy has real repercussions, both good and bad. On the good side, the Tradability score for ADRE can be high, in no small part because large share blocks can be easily created by market makers. On the downside, ADRE can have strong country biases that differ from the true market portfolio. ADRE ultimately offers (relatively) liquid exposure to some big names in emerging markets, but it has portfolio tilts worth a closer look. Effective April 1, 2019, S&P Dow Jones Indices acquired the ownership rights to the index and as such, added their name to the index. On April 1, 2022, the index name dropped the reference to BNY Mellon.7
ADRE Summary Data
Peers
Fund Flows
ADRE Portfolio Data
ADRE Index Data
ADRE Portfolio Management
ADRE Tax Exposures
ADRE Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ADRE. ADRE is rated a 5 out of 5.
ADRE Tradability
ADRE Sector/Industry Breakdown
Benchmark
ADRE Top 10 Holdings
ADRE Performance Statistics
ADRE Countries
Benchmark
ADRE Regions
Benchmark
ADRE Economic Development
Benchmark
ADRE Benchmark Comparison Summary
Benchmark
ADRE Benchmark Comparison Market Cap Size
Benchmark
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use
MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.