This study examines the 3-year performance of NASDAQ-Listed Asia Pacific and European ADRs versus the NASDAQ Index and their respective regional indexes from 1990-2010. Country specific performance results show ADRs from China, Japan and Ireland performed best versus the US and regional benchmarks. Industry-level results show the best industry performers were in the Technology Hardware & Services industry and in Energy companies.
Schaub, Mark, "Country and Industry-Level Performance of NASDAQ-Listed European and Asia Pacific ADRs" (2018). Faculty Publications. 9.
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