ADRE

Invesco BLDRS Emerging Markets 50 ADR Index Fund

BLDRS Emerging Markets 50 ADR Index Fund is a unit investment trust incorporated in the USA. The Fund seeks results that correspond to the price and yield performance of The Bank of New York Emerging Markets 50 ADR Index, which is a capitalization-weight index.


Passive, Concentrated

MANAGEMENT MATRIX

FNI

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorBank of New York
CategoryEmerging Market Equities
Asset classEquity
Websitelink...
Inception dateNov 13, 2002
Assets (mns)$199
Expense ratio30 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionDepository Receipts
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
TAIWAN SEMICONDUCTOR-SP ADR 19.2 %
ALIBABA GROUP HOLDING LTD. SPONSORED ADR 18.3 %
HDFC BANK LTD-ADR 6.1 %
INFOSYS TECHNOLOGIES-SP ADR 4.5 %
JD.COM INC-ADR 4.3 %
VALE SA-SP ADR 3.6 %
NIO INC. SPONSORED ADR CLASS A 3.0 %
ICICI BANK LTD-SPON ADR 2.9 %
BAIDU INC - SPON ADR 2.7 %
PINDUODUO, INC. SPONSORED ADR CLASS A 2.6 %
Constituent Breakdown
Number of holdings47
Herfindahl-Hirschman Index 861
Wgt avg mkt cap (mns)$208,997
Large cap (>$10bn)93.2%
Mid cap ($2-10bn)2.8%
Small cap (<$2bn)0.0%
Developed mkts.6.4%
Emerging mkts.93.6%
Country Exposure
CHINA 40.9 %
TAIWAN 21.6 %
INDIA 15.4 %
BRAZIL 10.3 %
SOUTH KOREA 4.0 %
MEXICO 3.1 %
SOUTH AFRICA 1.6 %
INDONESIA 0.8 %
Historical Performance


Standardized Annual Returns (as of 09/30/2021)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
-13.3% 4.8% 13.7% 7.6% 8.5% 5.1% 11.5%
Market Correlations
versus...BetaR-squared
S&P 5000.8956%
MSCI EAFE0.9156%
MSCI Emg Mkts1.0288%
Liquidity Measures
Avg. volume (000)12
Turnover0.3%
Avg. Bid/Ask (% of price)0.34%
ADV of underlying (mns)$15,312
Technical Indicators
Recent close$52.00
30d moving avg.$49.80
Annualized volatility22.3%
Relative strength (RSI)46
Short interest (ETF)0.0%
Short interest (underlying)1.4%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2016 2017 2018 2019 2020 2021E 2022E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2020 2021E Fwd Est 2022E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
1.5 17.1 2.4 1.6% --
Based on closing prices from 10/19/2021
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
ADRE



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

ADRE

5.1%

Cat. Avg

7.6%

Fund Category: Emerging Market Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™5.1%
Recommendation

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

Category Overview
There are 170 funds in the Emerging Market Equities category, with an average ALTAR Score™ of 7.6% and a standard deviation of 4.2%. ADRE's ALTAR Score™ is approximately 0.6 standard deviations below the category average. This places ADRE in the 28th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
ADRE
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
Change
Volume
Bid/Ask Spread
Update
Today's Trading

Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
ADRE 30.0 33.8 63.8
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .
Fundamental data for individual fund constituents sourced from FactSet Research Systems.