ACWI vs. RAYD ETF Comparison

Comparison of iShares MSCI ACWI Index Fund (ACWI) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)
ACWI

iShares MSCI ACWI Index Fund

ACWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index. The fund invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. Components primarily include consumer discretionary, consumer staples, energy, financial, industrials and information technology companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$119.48

Average Daily Volume

2,294,834

Number of Holdings *

597

* may have additional holdings in another (foreign) market
RAYD

The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF

RAYD Description The Advisors' Inner Circle Fund III - Rayliant Quantitative Developed Market Equity ETF is an exchange traded fund launched by The Advisors Inner Circle Fund III. The fund is managed by Rayliant Investment Research. The fund invests in public equity markets across global developed region. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs quantitative analysis to create its portfolio. The fund employs proprietary and external research to create its portfolio. The Advisors' Inner Circle Fund III - Rayliant Quantitative Developed Market Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$30.90

Average Daily Volume

6,019

Number of Holdings *

108

* may have additional holdings in another (foreign) market
Performance
Period ACWI RAYD
30 Days 4.45% 4.53%
60 Days 11.41% 11.75%
90 Days 4.20% 3.14%
12 Months 33.15% 35.91%
76 Overlapping Holdings
Symbol Grade Weight in ACWI Weight in RAYD Overlap
AAPL C 4.23% 5.36% 4.23%
ABBV C 0.45% 0.49% 0.45%
ADP A 0.15% 0.51% 0.15%
ALL A 0.06% 1.03% 0.06%
ALNY C 0.04% 0.39% 0.04%
AMZN C 2.23% 3.22% 2.23%
APP A 0.03% 0.35% 0.03%
BKNG B 0.18% 2.22% 0.18%
CL D 0.1% 0.81% 0.1%
CMG C 0.1% 0.37% 0.1%
COST C 0.5% 2.4% 0.5%
CRWD D 0.08% 0.46% 0.08%
DASH A 0.06% 0.23% 0.06%
DECK B 0.03% 0.45% 0.03%
DFS A 0.04% 0.42% 0.04%
DIS D 0.22% 0.21% 0.21%
DOCU A 0.02% 0.22% 0.02%
DXCM F 0.03% 0.18% 0.03%
EME B 0.02% 1.57% 0.02%
ERIE A 0.02% 0.23% 0.02%
FANG D 0.04% 0.2% 0.04%
FICO C 0.06% 0.4% 0.06%
FTNT A 0.06% 0.19% 0.06%
GDDY B 0.03% 0.25% 0.03%
GOOG B 1.09% 0.37% 0.37%
GOOGL B 1.26% 2.67% 1.26%
GRMN D 0.03% 0.3% 0.03%
GS B 0.2% 0.28% 0.2%
HCA C 0.1% 0.87% 0.1%
HIG A 0.05% 0.29% 0.05%
HPQ B 0.04% 0.21% 0.04%
IBM A 0.26% 0.58% 0.26%
INTC D 0.12% 0.33% 0.12%
JNJ D 0.5% 0.43% 0.43%
LDOS A 0.03% 0.17% 0.03%
LLY D 0.92% 1.75% 0.92%
LMT A 0.17% 0.19% 0.17%
LPLA D 0.02% 0.21% 0.02%
LULU D 0.04% 0.16% 0.04%
MA A 0.53% 0.92% 0.53%
MANH A 0.02% 0.21% 0.02%
MCK F 0.08% 1.0% 0.08%
MELI D 0.12% 1.26% 0.12%
META A 1.62% 1.51% 1.51%
MMM C 0.1% 0.8% 0.1%
MO D 0.11% 0.95% 0.11%
MRK F 0.37% 0.61% 0.37%
MSFT D 3.81% 4.92% 3.81%
MSI A 0.1% 0.45% 0.1%
MU D 0.14% 0.76% 0.14%
NFLX A 0.39% 0.57% 0.39%
NRG A 0.03% 0.17% 0.03%
NTAP D 0.03% 0.23% 0.03%
NVDA B 3.69% 5.74% 3.69%
PANW B 0.14% 0.4% 0.14%
PG D 0.52% 0.59% 0.52%
PGR B 0.19% 1.11% 0.19%
PM D 0.24% 0.52% 0.24%
PRU B 0.06% 0.44% 0.06%
RPRX D 0.01% 0.18% 0.01%
STX C 0.03% 0.22% 0.03%
T B 0.2% 1.16% 0.2%
TEAM D 0.03% 0.33% 0.03%
TMUS A 0.14% 0.29% 0.14%
TRGP A 0.04% 0.2% 0.04%
TSN D 0.02% 0.23% 0.02%
TW A 0.02% 0.26% 0.02%
UBER C 0.18% 0.24% 0.18%
UHS D 0.02% 0.2% 0.02%
UNH B 0.69% 0.19% 0.19%
UTHR C 0.02% 0.19% 0.02%
V B 0.56% 0.44% 0.44%
VEEV C 0.04% 0.28% 0.04%
VRSK D 0.05% 0.52% 0.05%
VRSN C 0.02% 0.27% 0.02%
VZ C 0.24% 0.21% 0.21%
ACWI Overweight 521 Positions Relative to RAYD
Symbol Grade Weight
TSLA C 0.95%
AVGO B 0.95%
BRK.A B 0.77%
JPM C 0.76%
XOM A 0.69%
HD A 0.52%
WMT A 0.46%
KO C 0.37%
BAC B 0.35%
ORCL A 0.35%
CRM B 0.34%
CVX B 0.34%
AMD C 0.33%
TMO D 0.3%
PEP F 0.3%
ADBE F 0.29%
LIN C 0.29%
MCD A 0.28%
ACN B 0.28%
CSCO A 0.27%
GE B 0.26%
CAT A 0.25%
WFC B 0.25%
ABT C 0.25%
DHR D 0.24%
QCOM D 0.24%
NOW B 0.23%
TXN C 0.23%
INTU F 0.22%
AMGN D 0.22%
ISRG C 0.22%
NEE C 0.22%
PFE D 0.21%
SPGI C 0.21%
CMCSA B 0.21%
RTX A 0.21%
AMAT C 0.21%
LOW C 0.2%
AXP A 0.2%
UNP F 0.19%
BLK A 0.18%
ETN B 0.17%
TJX D 0.17%
HON C 0.17%
VRTX D 0.16%
SYK C 0.16%
BSX A 0.16%
COP D 0.16%
MS A 0.16%
REGN D 0.15%
PLD D 0.15%
MDT C 0.15%
ELV F 0.15%
C B 0.15%
GILD A 0.14%
BMY A 0.14%
FI A 0.14%
NKE D 0.14%
BX C 0.14%
AMT D 0.14%
MMC D 0.14%
DE C 0.14%
SBUX B 0.14%
CB A 0.14%
ADI B 0.14%
SO A 0.13%
CI D 0.13%
MDLZ D 0.13%
KLAC B 0.13%
ANET A 0.13%
LRCX D 0.13%
BA F 0.12%
SHW C 0.12%
ICE A 0.12%
SCHW D 0.12%
UPS D 0.12%
IBN C 0.11%
WM B 0.11%
EQIX C 0.11%
CEG A 0.11%
HDB D 0.11%
TT A 0.11%
ZTS C 0.11%
DUK C 0.11%
PLTR A 0.1%
SNPS F 0.1%
CTAS C 0.1%
WELL C 0.1%
NOC B 0.1%
CVS D 0.1%
APH D 0.1%
PYPL A 0.1%
ITW C 0.1%
MCO D 0.1%
CME A 0.1%
TDG A 0.1%
KKR A 0.1%
PH A 0.1%
CSX D 0.09%
AON A 0.09%
USB C 0.09%
ORLY A 0.09%
TGT C 0.09%
GD C 0.09%
GEV A 0.09%
PNC C 0.09%
FCX B 0.09%
BDX C 0.09%
CDNS D 0.09%
EOG B 0.09%
NXPI F 0.08%
MPC D 0.08%
HLT A 0.08%
SLB D 0.08%
ROP D 0.08%
MRVL C 0.08%
MAR A 0.08%
EMR B 0.08%
NEM C 0.08%
AFL A 0.08%
AJG C 0.08%
FDX F 0.08%
CRH C 0.08%
CARR A 0.08%
APD C 0.08%
ECL C 0.08%
PCAR D 0.07%
CCI D 0.07%
MET A 0.07%
GM D 0.07%
JCI C 0.07%
APO A 0.07%
BK A 0.07%
DLR C 0.07%
TRV B 0.07%
AEP C 0.07%
OKE A 0.07%
URI C 0.07%
O C 0.07%
ABNB D 0.07%
SRE C 0.07%
AZO D 0.07%
COF A 0.07%
NSC C 0.07%
SPG A 0.07%
TFC D 0.07%
PSA C 0.07%
PSX D 0.07%
WMB A 0.07%
DHI C 0.07%
ADSK B 0.07%
A B 0.06%
RCL B 0.06%
KVUE C 0.06%
MPWR B 0.06%
VST A 0.06%
ACGL A 0.06%
PEG A 0.06%
RSG D 0.06%
CMI A 0.06%
PAYX B 0.06%
CPRT B 0.06%
TEL D 0.06%
VLO F 0.06%
LHX A 0.06%
MSCI B 0.06%
LEN C 0.06%
WCN D 0.06%
KMB D 0.06%
KMI A 0.06%
GWW B 0.06%
AMP A 0.06%
FIS A 0.06%
D A 0.06%
TTD A 0.06%
ROST D 0.06%
AIG C 0.06%
WDAY D 0.06%
IRM B 0.05%
GLW C 0.05%
XEL C 0.05%
EA D 0.05%
EFX D 0.05%
SQ D 0.05%
BKR B 0.05%
NUE D 0.05%
DD C 0.05%
MNST D 0.05%
SYY D 0.05%
ODFL F 0.05%
HES D 0.05%
IT A 0.05%
EXR D 0.05%
CBRE C 0.05%
AME C 0.05%
KR C 0.05%
EW F 0.05%
GEHC C 0.05%
DOW B 0.05%
CNC F 0.05%
CTSH B 0.05%
YUM C 0.05%
HWM A 0.05%
COR F 0.05%
CTVA A 0.05%
PCG C 0.05%
EXC C 0.05%
KDP C 0.05%
FERG F 0.05%
IR A 0.05%
F D 0.05%
IDXX D 0.05%
FAST C 0.05%
GIS C 0.05%
OTIS A 0.05%
MCHP F 0.05%
STZ D 0.05%
LNG A 0.05%
FLUT B 0.05%
IQV F 0.05%
PWR A 0.05%
CAH B 0.04%
FITB C 0.04%
ANSS D 0.04%
ETR A 0.04%
HSY D 0.04%
AWK D 0.04%
AXON A 0.04%
MTB A 0.04%
WEC B 0.04%
PPG D 0.04%
ADM F 0.04%
ARES A 0.04%
ROK D 0.04%
CDW D 0.04%
CSGP F 0.04%
ON F 0.04%
CHTR D 0.04%
DDOG B 0.04%
PHM C 0.04%
KHC F 0.04%
AVB C 0.04%
MTD C 0.04%
WTW C 0.04%
COIN F 0.04%
VMC D 0.04%
NDAQ C 0.04%
DELL C 0.04%
WAB A 0.04%
TSCO A 0.04%
NVR C 0.04%
XYL C 0.04%
MLM F 0.04%
VICI C 0.04%
SNOW F 0.04%
EIX C 0.04%
HUM F 0.04%
EBAY A 0.04%
OXY D 0.04%
ED C 0.04%
RMD C 0.04%
VRT B 0.04%
UMC D 0.03%
CLX C 0.03%
ARE D 0.03%
HOLX D 0.03%
APTV D 0.03%
WSM C 0.03%
GPC D 0.03%
CMS A 0.03%
STLD C 0.03%
MOH F 0.03%
TDY A 0.03%
PFG A 0.03%
DRI C 0.03%
CNP B 0.03%
ILMN B 0.03%
RBLX D 0.03%
MKC C 0.03%
TRU C 0.03%
PTC B 0.03%
MKL B 0.03%
MRNA F 0.03%
OMC C 0.03%
ATO A 0.03%
SYF A 0.03%
BALL C 0.03%
WAT B 0.03%
CBOE B 0.03%
RF B 0.03%
EQT C 0.03%
WDC C 0.03%
SMCI F 0.03%
CINF A 0.03%
ZBH F 0.03%
CPAY A 0.03%
BBY C 0.03%
WST D 0.03%
K B 0.03%
HBAN B 0.03%
COO C 0.03%
EL D 0.03%
BAH C 0.03%
CSL A 0.03%
HUBB A 0.03%
INVH D 0.03%
WY C 0.03%
TROW D 0.03%
STE D 0.03%
NET D 0.03%
BLDR C 0.03%
ES D 0.03%
TYL D 0.03%
TTWO D 0.03%
FSLR C 0.03%
FE C 0.03%
PPL C 0.03%
LYB B 0.03%
DVN F 0.03%
BRO A 0.03%
HUBS D 0.03%
HPE B 0.03%
RJF B 0.03%
EQR C 0.03%
VTR C 0.03%
CHD D 0.03%
AEE A 0.03%
HAL D 0.03%
MSTR B 0.03%
GPN F 0.03%
FTV C 0.03%
DTE B 0.03%
SW C 0.03%
IFF D 0.03%
KEYS B 0.03%
VLTO A 0.03%
BR B 0.03%
STT A 0.03%
DOV C 0.03%
SBAC C 0.03%
BIIB F 0.03%
TFX C 0.02%
OKTA F 0.02%
AOS C 0.02%
ELS D 0.02%
REG C 0.02%
IPG D 0.02%
SJM D 0.02%
JNPR C 0.02%
DKS D 0.02%
TECH D 0.02%
HST D 0.02%
KMX F 0.02%
EMN C 0.02%
CPT C 0.02%
AMH D 0.02%
HEI C 0.02%
CHRW C 0.02%
EXAS C 0.02%
NDSN C 0.02%
UDR C 0.02%
VTRS D 0.02%
BMRN F 0.02%
JKHY A 0.02%
ALLE A 0.02%
FFIV B 0.02%
DT B 0.02%
BG F 0.02%
ACM A 0.02%
WPC C 0.02%
AES C 0.02%
JBHT D 0.02%
CHT C 0.02%
JBL C 0.02%
EVRG C 0.02%
KEY B 0.02%
CE D 0.02%
NI A 0.02%
POOL D 0.02%
GGG C 0.02%
ROL C 0.02%
AKAM D 0.02%
DLTR F 0.02%
DPZ D 0.02%
SWKS F 0.02%
HEI C 0.02%
FWONK D 0.02%
ENPH F 0.02%
IP C 0.02%
RPM A 0.02%
KIM C 0.02%
DOC C 0.02%
OC C 0.02%
TRMB B 0.02%
GEN A 0.02%
LNT B 0.02%
SSNC C 0.02%
ZS F 0.02%
CAG D 0.02%
EQH B 0.02%
J F 0.02%
RVTY C 0.02%
PSTG F 0.02%
GLPI C 0.02%
CF A 0.02%
SNA C 0.02%
ZM B 0.02%
DKNG C 0.02%
SWK C 0.02%
ENTG D 0.02%
CHK C 0.02%
FNF C 0.02%
BURL C 0.02%
PODD C 0.02%
RS D 0.02%
AMCR C 0.02%
AVTR D 0.02%
WSO C 0.02%
TXT F 0.02%
MRO B 0.02%
L C 0.02%
EG A 0.02%
IEX D 0.02%
NTRS B 0.02%
DGX D 0.02%
ALGN D 0.02%
WRB C 0.02%
PNR C 0.02%
SUI D 0.02%
CTRA D 0.02%
LVS B 0.02%
LYV A 0.02%
TPL A 0.02%
BAX D 0.02%
MAA D 0.02%
ZBRA B 0.02%
CCL C 0.02%
ULTA D 0.02%
LH D 0.02%
DG F 0.02%
FDS C 0.02%
MDB D 0.02%
EXPD D 0.02%
WBD F 0.02%
PKG B 0.02%
MAS C 0.02%
FCNCA D 0.02%
AVY D 0.02%
ESS D 0.02%
CFG C 0.02%
EXPE B 0.02%
LII C 0.02%
TER C 0.02%
PINS D 0.02%
CELH F 0.01%
LUV B 0.01%
WLK C 0.01%
FOX B 0.01%
BEN F 0.01%
UHAL C 0.01%
H B 0.01%
PARA F 0.01%
WBA F 0.01%
ACI F 0.01%
DINO F 0.01%
BBWI F 0.01%
AZPN A 0.01%
RIVN F 0.01%
BIO B 0.01%
DAL C 0.01%
PAYC D 0.01%
WIT C 0.01%
DAY C 0.01%
MOS F 0.01%
BSY D 0.01%
KNX D 0.01%
TTC F 0.01%
WTRG D 0.01%
SEIC B 0.01%
DVA C 0.01%
LW D 0.01%
NLY C 0.01%
HRL F 0.01%
HSIC D 0.01%
FOXA B 0.01%
APA F 0.01%
MTCH B 0.01%
ROKU C 0.01%
MGM D 0.01%
CRL F 0.01%
IOT C 0.01%
CG B 0.01%
ALLY F 0.01%
TOST B 0.01%
CNH C 0.01%
SOLV C 0.01%
QRVO F 0.01%
MKTX B 0.01%
CPB D 0.01%
WYNN B 0.01%
CHRD F 0.01%
NWSA D 0.01%
FBIN C 0.01%
AFG A 0.01%
OVV D 0.01%
ALB D 0.01%
INCY B 0.01%
TWLO B 0.01%
HII F 0.01%
Z C 0.01%
TAP D 0.01%
SNAP D 0.01%
LKQ F 0.01%
CTLT A 0.01%
AIZ B 0.01%
NBIX F 0.01%
EPAM F 0.01%
HOOD B 0.01%
CCK C 0.01%
BXP B 0.01%
AMTM D 0.0%
ACWI Underweight 32 Positions Relative to RAYD
Symbol Grade Weight
SPOT C -1.54%
BRBR A -1.42%
SFM A -0.92%
MUSA D -0.9%
DTM A -0.87%
NVS D -0.84%
COKE C -0.77%
MORN B -0.65%
EVR C -0.64%
THC D -0.51%
CVLT B -0.5%
ANF D -0.48%
EXEL B -0.48%
MEDP F -0.47%
WFRD F -0.36%
ORI A -0.34%
RGA B -0.33%
HRB C -0.3%
CHKP A -0.29%
WING C -0.27%
GRAB C -0.27%
XRX D -0.23%
LOGI D -0.22%
MTG A -0.21%
HLI A -0.2%
RGLD C -0.2%
MNDY B -0.19%
FTI B -0.19%
WWD C -0.18%
DBX C -0.18%
CYBR C -0.17%
AER C -0.17%
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