- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4800 Montgomery Lane, Suite 150 Bethesda MD United States of America 20814
- IPO Date
- Jul 21, 2010
- Business
- AdvisorShares Dorsey Wright ADR ETF (AADR) is an actively managed exchange-traded fund that employs Nasdaq Dorsey Wright's proprietary relative strength methodology to select a concentrated portfolio of up to 40 American Depositary Receipts (ADRs) from international companies across developed and emerging markets; it targets high-momentum equities unconstrained by investment style, market capitalization, sector, or geographic classification within non-U.S. markets, seeking long-term capital appreciation through systematic buying of leaders and selling of laggards based on technical relative strength signals. The ETF provides exposure to diverse sectors including financial services, communication services, basic materials, industrials, and consumer cyclicals; top holdings as of late 2025 feature companies such as Embraer SA, Harmony Gold Mining, Gold Fields Ltd, China Yuchai International Ltd, and Banco Bilbao Vizcaya Argentaria SA, with allocations spread across regions like the Eurozone, Latin America, emerging Asia, developed Asia, and Africa. Launched on July 20, 2010, and domiciled in the United States, AADR trades on Nasdaq with assets under management of approximately $45.9 million, a net expense ratio of 1.10%, and benchmarked against the MSCI EAFE Index. AdvisorShares Investments, LLC serves as the investment adviser, with sub-advisory from Nasdaq Dorsey Wright, and portfolio management led by Senior Portfolio Manager John G. Lewis, CMT; the fund fits as an alpha-seeking complement to broad international equity exposures or a standalone solution for ADR-based global diversification. In recent developments, AADR maintained its 5-star Morningstar rating in the Foreign Large Growth category as of November 30, 2025, reflecting strong risk-adjusted performance out of 371 funds, amid ongoing systematic monthly rebalancing and no reported acquisitions, funding rounds, or strategic shifts specific to the ETF or its direct managers in 2024-2025.