AADR
AdvisorShares Dorsey Wright ADR ETF
📎 Investment Objective
The AdvisorShares Dorsey Wright ADR ETF (AADR) seeks to provide investment results that correspond generally to the price and yield performance of the Dorsey Wright ADR Technical Leaders Index.
Overview
ETF tracking AdvisorShares Dorsey Wright ADR ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The AdvisorShares Dorsey Wright ADR ETF (AADR) seeks to provide investment results that correspond generally to the price and yield performance of the Dorsey Wright ADR Technical Leaders Index.
🎯 Investment Strategy
The ETF invests primarily in American Depositary Receipts (ADRs) of foreign companies that the fund's sub-advisor, Dorsey, Wright & Associates, LLC, believes exhibit strong relative strength or 'momentum' characteristics. The fund's portfolio is actively managed and rebalanced periodically to maintain exposure to the highest-ranked ADRs.
✨ Key Features
- Actively managed portfolio of ADRs focused on momentum-based investing
- Seeks to provide exposure to foreign equities through ADRs
- Utilizes Dorsey Wright's proprietary relative strength methodology
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific investment strategy
- Currency risk as the fund holds foreign securities denominated in non-U.S. currencies
- Liquidity risk due to the potentially lower trading volume of some ADRs
- Market risk as the value of the fund's holdings may fluctuate with overall market conditions
👤 Best For
This ETF may be suitable for investors seeking exposure to foreign equities through a momentum-based investment strategy, and who have a higher risk tolerance and a longer-term investment horizon.