BP plc ADRhedged (BPH)

The BP plc ADRhedged (BPH) is an exchange-traded fund that holds American depositary receipts of BP plc, the London-based integrated oil and gas company, while hedging the fund's exposure to fluctuations between the British pound and the U.S. dollar.

The goal is to deliver returns that more closely reflect BP's share price performance in its local market, with currency movements largely neutralized through forward contracts or similar instruments. The fund is part of the ADRhedged series from Precidian Investments and trades on NYSE Arca.