Get 3 actionable money tips every week. Sign up for the tips now!
AADR vs ALYEX
AADR is an ETF, whereas ALYEX is a mutual fund. AADR has a lower expense ratio than ALYEX (1.1% vs 2%). Below is the comparison between AADR and ALYEX.
|Security Type||ETF||Mutual fund|
|Segment||Equity: Global Ex-U.S. - Total Market Growth||N/A|
|Issuer||AdvisorShares||American Century Investments|
|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 to provide capital appreciation. The Fund combines several long and short equity-oriented investment strategies in the pursuit of returns with lower correlation to the traditional equity markets. This alternative approach seeks less volatility than traditional equity investments over the full market cycle.
Top 10 Holdings (15.60% of Total Assets)
|Lam Research Corp||LRCX||3.82%|
|Euro Stoxx 50 Sep17 Xeur 20170915||N/A||3.27%|