Get 3 actionable money tips every week. Sign up for the tips now!
AADR vs AIIPX
AADR is an ETF, whereas AIIPX is a mutual fund. AADR has a higher expense ratio than AIIPX (1.1% vs 0.47%). Below is the comparison between AADR and AIIPX.
|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 a high level of total return in excess of inflation as may be consistent with the preservation of capital. The Fund invests in dollar-denominated bonds that have a coupon rate and/or principal amount linked to the inflation rate and derivative instruments whose returns are linked to the inflation rate.
Top 10 Holdings (3.07% of Total Assets)
|US Treasury TIP 1.75%||N/A||3.07%|