FLCG vs. RAYD ETF Comparison

Comparison of Federated Hermes MDT Large Cap Growth ETF (FLCG) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

FLCG

Federated Hermes MDT Large Cap Growth ETF

FLCG Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-sized U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in a mix of large-cap investments and growth investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.37

Average Daily Volume

2,140

Number of Holdings ^*

* 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

$32.43

Average Daily Volume

4,090

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCG	RAYD
30 Days	5.26%	4.23%
60 Days	7.03%	5.09%
90 Days	10.75%	6.59%
12 Months		37.58%

30 Overlapping Holdings

Symbol	Grade	Weight in FLCG	Weight in RAYD	Overlap
AAPL	C	11.09%	5.04%	5.04%
ADP	B	0.05%	0.45%	0.05%
ALNY	D	0.01%	0.35%	0.01%
ALSN	B	0.93%	0.98%	0.93%
AMZN	C	5.58%	3.25%	3.25%
APP	B	1.31%	0.87%	0.87%
AYI	B	0.09%	0.57%	0.09%
AZO	C	0.13%	0.83%	0.13%
CAH	B	0.08%	0.31%	0.08%
COR	B	0.8%	0.55%	0.55%
COST	B	2.4%	2.4%	2.4%
DASH	A	0.76%	0.82%	0.76%
FTNT	C	1.86%	0.9%	0.9%
GDDY	A	2.61%	0.29%	0.29%
GOOGL	C	6.78%	2.85%	2.85%
LLY	F	1.12%	1.43%	1.12%
MCO	B	0.07%	0.29%	0.07%
META	D	4.06%	1.48%	1.48%
MSFT	F	9.63%	4.59%	4.59%
MUSA	A	0.29%	0.36%	0.29%
NFLX	A	0.61%	0.36%	0.36%
NOW	A	0.9%	0.32%	0.32%
NTAP	C	0.04%	0.22%	0.04%
NVDA	C	9.38%	5.39%	5.39%
PGR	A	0.64%	1.11%	0.64%
RYAN	B	0.31%	0.9%	0.31%
SPOT	B	2.34%	2.01%	2.01%
VLTO	D	2.17%	0.42%	0.42%
WING	D	1.15%	0.45%	0.45%
ZM	B	0.47%	0.32%	0.32%

FLCG Overweight 63 Positions Relative to RAYD

Symbol	Grade	Weight
AMP	A	2.67%
QCOM	F	2.36%
ANET	C	2.13%
NTNX	A	1.65%
AMAT	F	1.39%
ABBV	D	1.29%
MA	C	1.14%
TSLA	B	1.07%
SN	D	1.04%
ADBE	C	0.95%
VRT	B	0.9%
ORCL	B	0.89%
PAYC	B	0.8%
RCL	A	0.77%
AMGN	D	0.71%
EBAY	D	0.7%
KMB	D	0.69%
DELL	C	0.69%
DDOG	A	0.64%
ORLY	B	0.63%
CRM	B	0.55%
MRK	F	0.52%
PPG	F	0.49%
ILMN	D	0.49%
TJX	A	0.39%
INCY	C	0.38%
INTU	C	0.35%
PEGA	A	0.33%
VRTX	F	0.32%
AVGO	D	0.32%
STNE	F	0.27%
WU	D	0.26%
ZTS	D	0.25%
CI	F	0.25%
PANW	C	0.22%
HUBS	A	0.21%
TT	A	0.2%
LYV	A	0.19%
MSCI	C	0.18%
UBER	D	0.14%
REGN	F	0.12%
CVNA	B	0.11%
ALGN	D	0.1%
ZI	D	0.1%
GTLB	B	0.09%
GEHC	F	0.07%
ELV	F	0.07%
ADSK	A	0.07%
DPZ	C	0.06%
BAX	D	0.06%
FMC	D	0.06%
LRCX	F	0.04%
KLAC	D	0.04%
PAYX	C	0.04%
ALLY	C	0.04%
NCLH	B	0.04%
ULTA	F	0.03%
DUOL	A	0.02%
PEP	F	0.01%
PSTG	D	0.01%
CMG	B	0.0%
ABNB	C	0.0%
PLTR	B	0.0%

FLCG Underweight 68 Positions Relative to RAYD

Symbol	Grade	Weight
BKNG	A	-2.43%
BRBR	A	-1.69%
MO	A	-1.57%
EXEL	B	-1.53%
THC	D	-1.51%
MELI	D	-1.44%
PNW	B	-1.22%
SFM	A	-1.19%
GWRE	A	-1.02%
CL	D	-1.0%
T	A	-0.96%
HCA	F	-0.95%
GM	B	-0.93%
SMAR	A	-0.91%
TXRH	C	-0.9%
FICO	B	-0.88%
HSBH	B	-0.87%
PM	B	-0.82%
CVLT	B	-0.82%
MSI	B	-0.79%
MCK	B	-0.74%
TRGP	B	-0.64%
HLNE	B	-0.62%
TRV	B	-0.61%
OTIS	C	-0.6%
MMM	D	-0.57%
HIG	B	-0.57%
UNH	C	-0.56%
HRB	D	-0.54%
GEV	B	-0.53%
EVR	B	-0.53%
COKE	C	-0.5%
JXN	C	-0.47%
LMT	D	-0.44%
ALL	A	-0.43%
GOOG	C	-0.4%
MORN	B	-0.39%
RBLX	C	-0.38%
ORI	A	-0.36%
WFRD	D	-0.36%
BAH	F	-0.34%
MU	D	-0.34%
CLX	B	-0.34%
GRMN	B	-0.34%
TMUS	B	-0.33%
CNA	B	-0.29%
LPLA	A	-0.29%
VEEV	C	-0.27%
VRSN	F	-0.26%
DOCU	A	-0.26%
CHKP	D	-0.25%
TSN	B	-0.24%
HLI	B	-0.24%
XRX	F	-0.23%
RMD	C	-0.22%
DXCM	D	-0.2%
VZ	C	-0.19%
UTHR	C	-0.19%
LDOS	C	-0.18%
CYBR	B	-0.18%
NRG	B	-0.17%
RPRX	D	-0.17%
LULU	C	-0.17%
WWD	B	-0.17%
ERIE	D	-0.17%
UHS	D	-0.16%
AER	B	-0.16%
MNDY	C	-0.15%