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This ETF offers exposure to a number of different Asian economies, including developed Japan, emerging China, and the quasi-developed nations of South Korea and Taiwan. As such, ADRA may be appealing to investors who expect Asia to lead the global economy forward, accounting for greater growth than broader global equity markets. Accordingly, ADRA may fill different roles for different investors; this ETF may be used as a short-term play or as a component of a longer-term, buy-and-hold portfolio. Investors looking to focus more specifically on emerging or developed economies, however, have the ability to narrow down exposure further; GMF is effective for the former, while EPP might be useful for the latter. There are several elements of ADRD that are noteworthy. The most appealing attribute of ADRA may be the competitive expense ratio, which is well below the category average. The exposure offered, however, leaves something to be desired. Japan accounts for a significant portion of the portfolio, which may be a turn off to investors looking to concentrate exposure in emerging markets that feature greater long-term growth potential. Besides the heavy allocation to Japan, the relatively shallow portfolio results in heavy concentrations in top holdings and almost exclusive allocations to mega caps. ADRA is cheap exposure to Asian markets, but the portfolio offered up may not be optimal for certain investors; those looking to steer clear of Japan and achieve greater depth of holdings might want to take a look at AAXJ.
The adjacent table gives investors an individual Realtime Rating for ADRA on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Asia Pacific Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is not currently available for commission free trading on any platforms.
There are 10 other ETFs in the Asia Pacific Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of ADRA relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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