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AADR vs AIAIX
AADR is an ETF, whereas AIAIX is a mutual fund. AADR has a higher expense ratio than AIAIX (1.1% vs 0.86%). Below is the comparison between AADR and AIAIX.
|Security Type||ETF||Mutual fund|
|Segment||Equity: Global Ex-U.S. - Total Market Growth||N/A|
|Management Style||passive (index-based)||passive|
The Fund seeks long-term capital appreciation above international benchmarks such as the MSCI EAFE Index and the BNY Mellon Classic ADR Index. The Fund selects a portfolio of U.S. traded securities of non-U.S. organizations, most often American Depositary Receipts (ADRs), included in the BNY Mellon Classic ADR Index.
Top 10 Holdings (38.23% of Total Assets)
|Galapagos NV ADR||GLPG||5.47%|
|NICE Ltd ADR||NICE||5.06%|
|argenx SE ADR||ARGX||3.79%|
|WNS (Holdings) Ltd ADR||WNS||3.48%|
|Gold Fields Ltd ADR||GFI.JO||3.43%|
|TAL Education Group ADR||TAL||3.2%|
|Anglogold Ashanti Ltd ADR||AU.JO||2.96%|
The Fund seeks high current income and some stability of principal. The Fund is a fund of fund which utilizes a tactical asset allocation strategy to invest real estate, fixed income and equities around the globe as well as money markets and preferred securities.
Top 10 Holdings (4.88% of Total Assets)
|iShares Emerging Markets High Yld Bd ETF||N/A||4.88%|