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AADR vs ARIFX
AADR is an ETF, whereas ARIFX is a mutual fund. AADR has a higher expense ratio than ARIFX (1.1% vs 0.53%). Below is the comparison between AADR and ARIFX.
|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 current income. The Fund seeks to achieve its investment goal by investing primarily in U.S. investment grade corporate and government fixed income securities, including mortgage and asset backed securities. The Fund seeks to maintain a dollar-weighted average maturity of three to ten years.
Top 10 Holdings (1.10% of Total Assets)
|US Treasury Note 2.25%||N/A||1.1%|