Dictionary of Finance and Investment Terms: portfolio depositary receipt
portfolio depositary receipt
one of two broad categories of Exchange-Traded Funds, based on four widely used indices: SPDRs, based on Standard & Poor's 500 Composite Stock Price Index; MidCap SPDRs, based on the S&P MidCap 400 Index; the Nasdaq- 100 Index Tracking Stock SM; and diamonds, based on the Dow Jones Industrial Averages.
