SAPH
SAP SE ADRhedged·ARCA
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Key Stats
Assets Under Management
377.82KUSD
Fund Flows (1Y)
-507.30KUSD
Dividend Yield
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Discount/Premium to NAV
-0.03%
Shares Outstanding
10.00K
Expense Ratio
0.19%
About SAP SE ADRhedged
Issuer
Precidian Funds LLC
Brand
ADRhedged
Inception Date
Jan 3, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
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Distributor
Foreside Fund Services LLC
SAPH provides exposure to currency-hedged depositary receipt for Americans interested in investing in SAP SE. Investing in the ADR or original shares directly exposes investors currency fluctuations, which impacts returns. ADRhedged products aim to provide a slightly different approach to international investing by focusing on a single international stock and hedging the specific currency risk. It is anticipated that each ETF share will represent one ADR share. In addition, each day a currency hedge contract is marked to the market based on the notional value of the currency hedge contract and the change in the value of the local currency in relation to the US dollar. As a result of the market-to-market payments, the ratio of portfolio securities to shares will vary over time. The objective is to provide the total return performance of the stock in its local market.
Classification
Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Application Software
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -16.43% | -20.45% | -14.87% | -35.50% | -27.98% | -27.98% |
NAV Total Return | -17.34% | -25.02% | -15.78% | +0.12% | +0.12% | +0.12% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
21.84%
Financial Services
15.91%
Industrials
13.36%
Consumer Cyclical
12.96%
Healthcare
9.51%
Basic Materials
7.89%
Consumer Defensive
7.37%
Communication Services
7.23%
Energy
2.47%
Technology
21.84%
Financial Services
15.91%
Industrials
13.36%
Consumer Cyclical
12.96%
Healthcare
9.51%
Basic Materials
7.89%
Consumer Defensive
7.37%
Communication Services
7.23%
Energy
2.47%
Show more
Asset
Region
57.47%
34.95%
7%
1.23%
0.53%
0.2%
Category
Ratio
Europe
57.47%
North America
34.95%
Asia
7.00%
Latin America
1.23%
Africa/Middle East
0.53%
Australasia
0.20%
Investment Style
No data is currently available
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