Invesco BLDRS Developed Markets 100 ADR Index Fund (ADRD)
Invesco BLDRS Developed Markets 100 ADR Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $22.23, down 0.71% on the session, giving a market capitalisation of $34.4M. Its beta of 0.94 implies it has historically moved less than the broad market.
This fund's primary objective is to closely mirror the total return, encompassing both price appreciation and income, of the S&P/BNY Mellon Developed Markets 100 ADR Index (USD), before accounting for its own fees and operational costs. To achieve this, the fund typically invests almost all of its assets directly into the constituent securities of that index. The S&P/BNY Mellon Developed Markets 100 ADR Index (USD) is specifically designed to offer investors a benchmark for tracking the performance of Developed Markets Depositary Receipts. It's important to note that this fund is non-diversified.
Invesco BLDRS Developed Markets 100 ADR Index Fund is most often compared with the following Financial Services names: