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AADR vs TACN

AdvisorShares Dorsey Wright

AADRDNasdaq

T. Rowe Price Active Core International Equity ETF

TACNANYSE Arca

Overlap

1.6%by weight

Expense ratio

TACN −1.10pt a year

AADR1.10%TACN0.00%

Avg volume · 30D

TACN 1.1×the volume

AADR2.44KTACN2.59K

AADR vs TACN Performance

Dec 31, 2025 – Oct 30, 2026

−6.3%AADR+10.5%TACN

Dec 31, 2025 to Oct 30, 2026. AADR −6.3%. TACN +10.5%. Use the arrow keys to read each point.0%5%15%Dec 2025Jun 2026Oct 2026
Expense ratio
AADR 1.10%
TACN 0.00%, better
Fund size
AADR $34M
TACN $24M
1Y total return
AADR −4.6%
TACN No data
Yield (12M)
AADR 1.19%
TACN No data
Holdings
AADR 37
TACN 508
Avg volume (30D)
AADR 2.44K sh
TACN 2.59K sh, better
NAV per share
AADR $80.05
TACN $28.20
52W range

ETF.net Grade

AADR: Cost 4, Risk 10, Mission not scored, Tradability 61, Holdings 47, Durability 58. TACN: Cost 100, Risk 70, Mission not scored, Tradability 46, Holdings 82, Durability 30.
Pillar letters and Scores for AADR, TACN, with each pillar’s weight
PillarAADRTACN
Cost30% weightF4A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightF10A70Higher
Tradability15% weightB61HigherC46
Holdings10% weightC47A82Higher
Durability5% weightB58HigherD30

Rank among International Active Equity funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AADR and TACN are both graded against the same 55 International Active Equity funds, so their Grades compare head to head.

International Active Equity⁠

Category · 55 funds
See all 55 ›

TACN ranks 5th and AADR 53rd of 55 funds in the International Active Equity Category.

  1. Rank 5AENHIiShares Enhanced International Active ETFScore 76
  2. Rank 5ATACNT. Rowe Price Active Core International Equity ETFScore 76
  3. Rank 7AAVNMAvantis All International Markets Equity ETFScore 72
  4. Rank 52DDUKXOcean Park International ETFScore 26
  5. Rank 53DAADRAdvisorShares Dorsey WrightScore 25
  6. Rank 53DPRAEPlanRock Alternative Growth ETFScore 25

Our read on each fund

ETF.net Research

AADRDAdvisorShares Dorsey Wright

TACNAT. Rowe Price Active Core International Equity ETF

In short

AADR Most international funds buy the whole market and sit still. AADR runs a Dorsey Wright relative-strength playbook instead: rank stocks on momentum, hold about 40 of the leaders, and rotate out of the laggards.

TACN T. Rowe Price's index-aware take on developed international stocks: it shadows the MSCI EAFE benchmark while nudging weights, and the fee is waived to 0.00% through January 30, 2027 (0.20% gross).

Stated mandate

AADR The Fund seeks long-term capital appreciation above international benchmarks such as the MSCI EAFE Index.

TACN The fund's goal is to achieve long-term capital growth.

Why people hold it

  • AADR The momentum bet is the product, not a tilt. Its relative-strength screen is openly advertised, and the stated goal is capital appreciation above international benchmarks like the MSCI EAFE Index.advisorshares.com
  • Concentrated on purpose: roughly 40 names spanning developed and emerging markets, so individual picks carry real weight instead of getting diluted across hundreds of positions.
  • Live since 2010, giving the relative-strength approach a long public record across several very different international market cycles. Distributions come quarterly.
  • TACN Fee waived to zero through January 30, 2027, then the 0.20% gross rate applies. Top-scoring active international peers AVDE (0.23%) and DFIC (0.22%) charge more, with no waiver.troweprice.com
  • Built around the MSCI EAFE Index: an optimizer modestly over- and underweights names, targeting tracking error above most passive funds and below most active ones.sec.govtroweprice.com
  • Names come from T. Rowe's quant models plus bottom-up fundamental research (valuation, profitability, financial stability, earnings quality), with at least 80% of net assets normally in equities.sec.govtroweprice.com
  • Despite being new, it already stands among the strongest-rated funds in a crowded active international equity group, with long-term capital growth as the stated goal.

Worth knowing

  • AADR At 1.17% a year, it costs roughly double the typical active international equity fund, and index-flavored peers like AVDE and DFIC charge a small fraction of that.
  • A small fund that trades thinly, so bid-ask spreads can run wider than the category's heavyweights.
  • Momentum leadership rotates. A concentrated book chasing relative strength can turn over often and move very differently from broad EAFE exposure in either direction.
  • TACN Launched December 10, 2025, so the track record is short and assets are still small. Trading is thin, which can mean wider spreads than at big index rivals.
  • The zero fee is contractual, not permanent: it runs through January 30, 2027, after which the 0.20% gross expense ratio kicks in.troweprice.com
  • Low tracking error is the design, not a bug. The active tilt is deliberately modest, so the portfolio is built to hug EAFE rather than stray from it.sec.gov

Full AADR profile⁠

Full TACN profile⁠

AADR vs TACN Holdings

How AADR and TACN differ

Overlap by weight

1.6%

Shared holdings make up 10.8% of AADR and 1.6% of TACN.

Level by level

  • Holdings4 in both1.6%
  • Countryby domicile47.0%
  • Asset classEquity100%

Sector

No Sector split for TACN.

Country, concentration and asset class

Country by domicile

Country weights in AADR and TACN, widest gap first
CountryMore in AADRMore in TACN
JapanTACN +14.2 points
United StatesAADR +13.9 points
FranceTACN +9.1 points
PakistanAADR +6.6 points
TaiwanAADR +6.0 points
NetherlandsTACN +5.9 points
GermanyTACN +5.9 points
BrazilAADR +5.2 points
Other countries (22)AADR +3.3 points

Outside the US: AADR 61% developed, 39% emerging. TACN 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

  • AADR35.9%
  • TACN14.6%

Securities held

  • AADR37
  • TACN498

Asset class

AADR
Equity
TACN
Equity

Holdings

  • Only in AADR33
  • In both4
  • Only in TACN494

Only in AADR

33 securities, 89.2% of AADR by weight

  • Mitsubishi Ufj Finl-Spon Adr4.75%
  • Genmab A/S -Sp Adr3.85%
  • Barclays Plc-Spons Adr3.47%

Only in TACN

494 securities, 98.1% of TACN by weight

  • Asml Holding NV Common Stock EUR.093.33%
  • Roche Holding AG Common Stock CHF.0011.55%
  • Mitsubishi Ufj Financial Gro Common Stock1.43%

Weight gaps

All 4 Holdings in both funds, largest gap first.

Holding weights in AADR and TACN, widest gap first
HoldingMore in AADRMore in TACN
Banco Bilbao Vizcaya-Sp AdrBBVAAADR +3.53 points
Aercap Holdings NVAERAADR +2.30 points
Intercontinental Hotels-AdrIHGAADR +1.87 points
Arcelormittal-Ny RegisteredMTAADR +1.57 points

All 37 AADR holdings⁠All TACN holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AADR vs TACN Cost

Overpaying AADR vs TACN

$20,291

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AADR 1.10%

    $20,291

  • TACN 0.00%

    $0

$10,000
30 years

Cost over time

  • AADR 1.10%
  • TACN 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530AADR $20,291TACN $0

Year by year

YearAADRTACNOverpaying
10$1,931$0$1,931
20$7,225$0$7,225
30$20,291$0$20,291

Expense ratio

  • 1.10%AADR
  • 0.00%TACN, cheaper
  • Middle half of International Active Equity funds
  • Median 0.55%

TACN cheapest of 55 funds

AADR 53rd cheapest of 55 funds

AADR vs TACN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AADR 1.19%
TACN No data
Payout (12M)
AADR $0.95
TACN None
Last payment
AADR $0.36
TACN No data
Ex-dividend
AADR Sep 22, 2026
TACN No data
Paid on
AADR Sep 29, 2026
TACN No data
Frequency
AADR Quarterly
TACN No data

Distribution history

Per share, 2017 to 2026, same scale for both

AADRQuarterly · 28 paymentsAll AADR payments⁠
One bar per payment. 28 payments from 2017 to 2026 YTD. Jun 26, 2017 $0.30; Dec 27, 2017 $0.13; Mar 26, 2018 $0.01; Jun 25, 2018 $0.28; Sep 26, 2018 $0.00074; Mar 26, 2019 $0.00055; Jun 25, 2019 $0.31; Sep 25, 2019 $0.0085; Sep 24, 2020 $0.07; Jun 24, 2021 $0.14; Sep 24, 2021 $0.21; Dec 23, 2021 $0.24; Jun 22, 2022 $0.75; Sep 26, 2022 $0.45; Dec 23, 2022 $0.54; Jun 22, 2023 $0.13; Sep 25, 2023 $0.13; Dec 26, 2023 $0.16; Mar 21, 2024 $0.02; Jun 24, 2024 $0.53; Sep 23, 2024 $0.37; Mar 21, 2025 $0.02; Jun 23, 2025 $0.20; Sep 22, 2025 $0.10; Dec 22, 2025 $0.11; Mar 23, 2026 $0.05; Jun 23, 2026 $0.44; Sep 22, 2026 $0.36. Use the arrow keys to read each point.$0$0.502017202020232026YTD
TACNAll TACN payments⁠

No distribution history available.

AADR vs TACN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AADR 15.7%TACN No data
Return per unit of riskSharpe ratio, 3 years
AADR 1.00TACN No data
Worst fallMax drawdown, 5 years
AADR −31.9%TACN No data
Market sensitivityBeta, 5 years
AADR 0.92TACN 0.65

AADR and TACN in the news

All news⁠

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