FMET vs. RAYD ETF Comparison

Comparison of Fidelity Metaverse ETF (FMET) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

FMET

Fidelity Metaverse ETF

FMET Description

The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.40

Average Daily Volume

5,357

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

$30.74

Average Daily Volume

6,479

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	FMET	RAYD
30 Days	-1.58%	1.42%
60 Days	-4.54%	3.54%
90 Days	-3.57%	4.66%
12 Months	24.83%	32.97%

7 Overlapping Holdings

Symbol	Grade	Weight in FMET	Weight in RAYD	Overlap
AAPL	C	5.25%	5.21%	5.21%
GOOGL	D	4.15%	2.12%	2.12%
INTC	F	2.34%	0.28%	0.28%
META	A	4.9%	1.24%	1.24%
MSFT	C	4.69%	5.07%	4.69%
NVDA	D	4.5%	6.08%	4.5%
PINS	F	1.47%	0.28%	0.28%

FMET Overweight 28 Positions Relative to RAYD

Symbol	Grade	Weight
ADBE	F	5.02%
AMD	D	4.27%
QCOM	F	3.53%
EQIX	B	3.44%
ADSK	C	3.16%
DLR	B	2.82%
EA	D	2.46%
RBLX	B	2.42%
PTC	D	1.98%
TTWO	D	1.96%
GLOB	D	1.73%
BSY	D	1.6%
CRUS	D	1.52%
GDS	B	1.42%
SMCI	F	1.41%
U	D	1.32%
SNAP	F	1.13%
DAVA	F	0.94%
EXPI	C	0.89%
SYNA	F	0.88%
AMBA	C	0.85%
MOMO	D	0.75%
FSLY	D	0.61%
HIMX	F	0.56%
WB	F	0.55%
PLTK	C	0.52%
HEAR	D	0.43%
BMBL	F	0.41%

FMET Underweight 104 Positions Relative to RAYD

Symbol	Grade	Weight
AMZN	C	-3.3%
COST	B	-2.5%
LLY	C	-1.87%
BKNG	B	-1.85%
MA	B	-1.8%
EME	A	-1.5%
SPOT	B	-1.44%
BRBR	C	-1.42%
MELI	B	-1.33%
PGR	A	-1.12%
MCK	F	-1.1%
ALL	B	-1.04%
SFM	B	-0.88%
NVS	C	-0.85%
DTM	A	-0.85%
JNJ	C	-0.84%
PANW	C	-0.81%
MO	C	-0.8%
T	C	-0.78%
CL	C	-0.65%
RGA	B	-0.65%
MORN	B	-0.64%
MUSA	D	-0.64%
MRK	D	-0.63%
PG	C	-0.59%
MMC	C	-0.59%
IBM	A	-0.57%
MMM	A	-0.57%
MEDP	D	-0.52%
ADP	B	-0.52%
THC	B	-0.51%
ANF	D	-0.5%
ABBV	C	-0.5%
CMI	C	-0.48%
V	C	-0.47%
DECK	D	-0.46%
VRTX	D	-0.46%
PRU	C	-0.44%
CRWD	D	-0.44%
CR	C	-0.41%
NU	B	-0.41%
HCA	A	-0.41%
WFRD	F	-0.4%
GM	B	-0.39%
COKE	C	-0.39%
CMG	C	-0.38%
NFLX	B	-0.37%
GOOG	D	-0.36%
TEAM	D	-0.35%
ORI	B	-0.34%
VRSK	D	-0.34%
APP	B	-0.33%
GRMN	D	-0.32%
MU	F	-0.3%
VEEV	C	-0.3%
HRB	C	-0.3%
HIG	B	-0.29%
GS	C	-0.28%
CHKP	A	-0.28%
TEVA	D	-0.27%
GRAB	B	-0.26%
WING	B	-0.26%
VRSN	D	-0.26%
TW	B	-0.25%
GDDY	C	-0.25%
TSN	D	-0.24%
ERIE	B	-0.22%
UBER	C	-0.22%
NTAP	D	-0.22%
XRX	F	-0.22%
DASH	B	-0.22%
PM	C	-0.21%
FANG	D	-0.21%
FICO	B	-0.21%
SMAR	C	-0.21%
VZ	B	-0.21%
LOGI	D	-0.21%
HLI	A	-0.2%
LPLA	F	-0.2%
DIS	D	-0.2%
DFS	B	-0.2%
HUBS	D	-0.2%
STX	C	-0.2%
NKE	D	-0.2%
MTG	B	-0.2%
TRGP	B	-0.2%
MANH	A	-0.2%
ALNY	C	-0.19%
UTHR	C	-0.19%
HPQ	D	-0.19%
NTNX	C	-0.19%
WWD	C	-0.18%
DBX	D	-0.18%
RPRX	D	-0.18%
TPL	A	-0.18%
MNDY	A	-0.18%
FTI	D	-0.18%
DXCM	F	-0.18%
AER	B	-0.17%
LDOS	B	-0.17%
LULU	D	-0.16%
CYBR	C	-0.16%
NRG	A	-0.15%
NBIX	F	-0.14%