The highest scoring names in small cap from 1 year ago (6/17/2013) returned 343  bps more than the MSCI EAFE (EFA), led by BAYRY up 29%, NVS up 26%, and ICLR up 24%.

The average score across our ADR universe is 45.83, slightly lower than the four week moving average score of 46.20.  The average ADR is trading -15.33% below the 52 week high, 2.73% above the 200 dma, has 4.25 days to cover held short, and is expected to post EPS growth of 22.39% next year.

The top scoring ADR sector is utilities (NGG, HNP, SBS, ENI), followed by healthcare (NVO, AZN, PSDV, SHPG, NVS), and services (ICLR, SFL, OMAB, CTRP, SIG, ENL). Technology (NTES, BIDU, NTT, ASMI, TU, TSM, TEO, DCM) scores in line. Financials, consumer gods, basic materials, and industrial goods score below average.

The best scoring zone is North America/Canada (TU, PSDV, RY, BMO) and Latin America (CIB, OMAB, TEO, PVD, BSAC). North America, Latin America, and UK/Ireland (ICLR, NGG, AZN, BTI, SHPG, UL, GSK) are the top scoring regions. The best scoring countries are Canada (TU, RY, BMO), Bermuda (SFL, SIG), Mexico (OMAB, ASR, IBA, TV), and Chile (PVD, BSAC, ENI).