---
ticker: "SAPH"
name: "SAP SE ADRhedged"
url: "https://etf.net/etf/SAPH"
grade: "D"
score: 35
graded_at: "2026-10-12"
category: "Currency-Hedged Funds"
category_rank: "9 of 9"
methodology: "https://etf.net/methodology"
---

# SAPH: SAP SE ADRhedged

Grade **D**, Score 35 of 100. Rank 9 of 9 in Currency-Hedged Funds.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 55 | 2 of 9 |
| Mission | Not scored | — |
| Risk | 15 | 9 of 9 |
| Tradability | 19 | 9 of 9 |
| Holdings | 39 | 6 of 8 |
| Durability | 30 | 7 of 9 |

## Top holdings

The fund holds 2 positions. These are the largest 2, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | SAP | Sap SE | 95.52% |
| 2 | — | Cash (US$) | 4.48% |

Source: etf.net, https://etf.net/etf/SAPH. Please cite the page URL.