Our top scoring ADRs from one year ago (8/26/2013) have outpaced the EFA by 2,266 bps in the past year. Returns have been led by NOK up 109%, YPF up 93%, GGAL up 88%, and BMA up 83%.

The average ADR score is 56.42 this week, above the four week moving average score of 55.37. The average ADR is trading -16.73% below its 52 week high, 1.29% above its 200 dma, has 4.26 days to cover held short, and is expected to post EPS growth of 17.59% next year.

The best scoring sector across our ADR universe this week is financials (RY, BMO, RBS, PUK, KB, BBD, ITUB, HBCGX, BMA, IRS, CIB, BAP). Basic materials (PZE, SNP, PTR, PKX, PBR, YPF, CEO), healthcare (RDY, SHPG, PSDV, WX, SNN), and utilities  (KEP, HNP, ELP, EDN) also score above average. Services score in line. Technology, consumer goods, and industrial goods score below the ADR universe average score.

The top scoring zone is North America/Canada (RY, BMO, PSDV), followed by Latin America (PZE, OMAB, PAC, GOL, BBD, CRESY, BRFS, ITUB, BMA, PBR, TV). North America, South Asia (INFY, RDY, TTM, PHI), and Latin America are the top scoring regions. Canada (BMO, RY, ECA), Argentina (PZE, CRESY, BMA, YPF, IRS, BFR, EDN), Korea (KB, KT, LPL, PKX, SKM, KEP), Finland (NOK, MXCYY), and Mexico (OMAB, PAC, TV, SIM, GMK) are the best scoring countries.