EEMO vs. RAYE ETF Comparison

Comparison of PowerShares S&P Emerging Markets Momentum Portfolio (EEMO) to The Advisors' Inner Circle Fund III Rayliant Quantamental Emerging Market Equity ETF (RAYE)

EEMO

PowerShares S&P Emerging Markets Momentum Portfolio

EEMO Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P Momentum Emerging Plus LargeMidCap IndexTM. The fund will invest at least 90% of its total assets in the securities of companies that comprise the underlying index. The index is composed of stocks that represent the top 85% of float-adjusted market capitalization companies in each emerging country represented in that index. It is non-diversified.

Grade (RS Rating)

Last Trade

$16.92

Average Daily Volume

5,564

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RAYE

The Advisors' Inner Circle Fund III Rayliant Quantamental Emerging Market Equity ETF

RAYE Description

The Advisors' Inner Circle Fund III - Rayliant Quantamental Emerging Market Equity ETF is an exchange traded fund launched by The Advisors Inner Circle Fund III. The fund is managed by Rayliant Investment Research. It invests in public equity markets of global emerging 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 fundamental and quantitative analysis to create its portfolio. The fund employs proprietary and external research to create its portfolio. The Advisors' Inner Circle Fund III - Rayliant Quantamental Emerging Market Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$25.90

Average Daily Volume

7,154

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EEMO	RAYE
30 Days	0.04%	0.30%
60 Days	6.80%	8.29%
90 Days	-1.77%	-0.85%
12 Months	25.01%	26.74%

4 Overlapping Holdings

Symbol	Grade	Weight in EEMO	Weight in RAYE	Overlap
BRFS	D	0.12%	0.21%	0.12%
KB	D	1.06%	0.2%	0.2%
MMYT	B	0.45%	0.23%	0.23%
SHG	D	1.07%	0.21%	0.21%

EEMO Overweight 2 Positions Relative to RAYE

	Symbol	Grade	Weight
	NU	D	1.48%
	TME	B	0.4%

EEMO Underweight 7 Positions Relative to RAYE

Symbol	Grade	Weight
IBN	C	-1.13%
SBLK	C	-0.99%
KEP	F	-0.7%
HDB	D	-0.52%
CAR	D	-0.43%
SKM	C	-0.42%
KT	C	-0.23%