The best scoring ADRs from 1 year ago have -- on average -- outpaced the EFA over the following year by 465 bps. Of our top scoring from one year ago, the top performers have been AZN up 57%, NVS up 22%, and ICLR up 19%.

The average score across our ADR universe is 45.82, which is above the four week moving average for a second consecutive week, The current four week moving average score is 44.52. The average ADR is trading -16.6% below is 52 week high, 1.62% above its 200 dma, has 3.79 days to cover short, and is expected to grow EPS by 21.6% next year.

Healthcare (NVO, AZN, RDY, PSDV, WX, NVS) is the best scoring ADR sector, followed by utilities (NGG, HNP, KEP) and services (OMAB, UGP, SIG, IHG, ICLR, CUK, ASR). Technology scores in line. Consumer, financials, basics, and industrial goods score below average.

The best scoring zone is North America (TU, PSDV, BCE), followed by Latin America (OMAB, CIB, UGP, ASR, PVD, BSAC, IBA, FMX, YPF). The top regions are North America, UK/Ireland (NGG, AZN, IHG, ICLR), and LatAm. The strongest countries are Bermuda (GSOL, SIG, SFL), Mexico (OMAB, ASR, IBA, FMX, TV), and Canada (TU, BCE). Chile (PVD, BSAC) and Argentina (YPF, TEO) both score highly too.