• The top-rated sector is healthcare.
• The best-ranked countries are Bermuda, the Netherlands, and Switzerland.

The top-ranked sectors across our universe are healthcare (BGNE, AZN, NVO, GLPG), services (ICLR, ARCAY, WNS, GOL, FLY), and consumer goods (NTDOY, NSRGY, ADDYY, TM). Technology scores neutral. Basic materials, utilities, financials, and industrial rank below average.

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ZONE, REGION, & COUNTRY RANKING 

The best scoring zones are the Middle East (NICE) and Europe (ICLR, ARCAY, AZN, NSRGY, ADDYY, NVO). MENA and UK/Ireland (ICLR, AZN, FLY) are the strongest regions. The top countries are Bermuda (SFL, AXS), Netherlands (ARCAY, PHG), and Switzerland (NSRGY).

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The following ADRs score best and worst in our universe.

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