LVOL vs. RAYD ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$53.85

Average Daily Volume

266

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

$30.79

Average Daily Volume

6,342

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	RAYD
30 Days	2.05%	2.09%
60 Days	3.58%	5.07%
90 Days	4.60%	4.83%
12 Months	20.58%	31.61%

22 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in RAYD	Overlap
AAPL	C	6.71%	5.21%	5.21%
ABBV	C	0.1%	0.5%	0.1%
AMZN	C	2.05%	3.3%	2.05%
CL	D	1.02%	0.65%	0.65%
CMI	C	0.99%	0.48%	0.48%
COST	B	2.06%	2.5%	2.06%
GOOG	D	0.68%	0.36%	0.36%
GOOGL	D	2.03%	2.12%	2.03%
GRMN	D	0.32%	0.32%	0.32%
HIG	B	0.66%	0.29%	0.29%
IBM	B	0.63%	0.57%	0.57%
JNJ	C	2.92%	0.84%	0.84%
LLY	C	0.15%	1.87%	0.15%
MA	B	2.41%	1.8%	1.8%
MMC	C	1.96%	0.59%	0.59%
MRK	D	1.85%	0.63%	0.63%
MSFT	C	8.08%	5.07%	5.07%
NTAP	D	0.28%	0.22%	0.22%
PG	C	2.79%	0.59%	0.59%
V	C	3.09%	0.47%	0.47%
VRSK	D	0.45%	0.34%	0.34%
VRSN	D	0.19%	0.26%	0.19%

LVOL Overweight 76 Positions Relative to RAYD

Symbol	Grade	Weight
ACN	C	2.59%
CSCO	C	2.52%
BRK.A	C	2.48%
HD	B	2.42%
LIN	B	2.34%
KO	C	1.96%
MDT	C	1.88%
CTAS	B	1.76%
APH	D	1.75%
TEL	D	1.67%
SPGI	B	1.48%
INTU	C	1.46%
CTSH	C	1.45%
ABT	C	1.4%
PEP	C	1.39%
PAYX	C	1.26%
DOX	C	1.26%
MCD	B	1.25%
HON	D	1.21%
CB	B	1.2%
BSX	B	1.07%
RSG	D	1.02%
SHW	B	1.0%
GD	B	0.96%
PTC	D	0.94%
WM	D	0.89%
MCO	B	0.88%
ECL	B	0.86%
MSI	B	0.81%
ROP	C	0.77%
DOV	B	0.76%
ITW	C	0.76%
EA	D	0.69%
SYK	C	0.69%
ADSK	C	0.68%
TDY	B	0.62%
NDSN	C	0.56%
AMP	A	0.56%
KMB	D	0.56%
TRV	C	0.5%
FAST	C	0.48%
GWW	B	0.47%
IT	B	0.45%
YUM	D	0.44%
CMCSA	D	0.38%
OTIS	C	0.36%
WMT	C	0.35%
SNA	C	0.32%
LOW	B	0.29%
BR	D	0.29%
BLK	B	0.27%
PKG	B	0.22%
HOLX	B	0.22%
MDLZ	B	0.21%
AVY	C	0.2%
DLB	D	0.19%
MAS	B	0.19%
CRM	D	0.18%
IEX	D	0.17%
FDS	C	0.17%
ZBH	F	0.17%
JKHY	B	0.15%
FFIV	B	0.14%
ORLY	C	0.13%
CDW	D	0.11%
CW	B	0.1%
AON	B	0.1%
AJG	D	0.1%
AXP	B	0.09%
CHE	C	0.08%
GGG	C	0.08%
DCI	C	0.08%
LSTR	D	0.08%
ITT	B	0.08%
AVB	B	0.06%
VLTO	C	0.04%

LVOL Underweight 89 Positions Relative to RAYD

Symbol	Grade	Weight
NVDA	D	-6.08%
BKNG	C	-1.85%
EME	B	-1.5%
SPOT	B	-1.44%
BRBR	C	-1.42%
MELI	B	-1.33%
META	B	-1.24%
PGR	B	-1.12%
MCK	F	-1.1%
ALL	B	-1.04%
SFM	B	-0.88%
NVS	C	-0.85%
DTM	B	-0.85%
PANW	D	-0.81%
MO	C	-0.8%
T	C	-0.78%
RGA	C	-0.65%
MORN	C	-0.64%
MUSA	D	-0.64%
MMM	B	-0.57%
MEDP	F	-0.52%
ADP	B	-0.52%
THC	A	-0.51%
ANF	D	-0.5%
DECK	C	-0.46%
VRTX	D	-0.46%
PRU	C	-0.44%
CRWD	D	-0.44%
CR	C	-0.41%
NU	B	-0.41%
HCA	B	-0.41%
WFRD	F	-0.4%
GM	C	-0.39%
COKE	C	-0.39%
CMG	C	-0.38%
NFLX	B	-0.37%
TEAM	D	-0.35%
ORI	B	-0.34%
APP	C	-0.33%
MU	F	-0.3%
VEEV	C	-0.3%
HRB	C	-0.3%
GS	C	-0.28%
PINS	F	-0.28%
CHKP	B	-0.28%
INTC	F	-0.28%
TEVA	C	-0.27%
GRAB	C	-0.26%
WING	B	-0.26%
TW	B	-0.25%
GDDY	C	-0.25%
TSN	C	-0.24%
ERIE	B	-0.22%
UBER	C	-0.22%
XRX	D	-0.22%
DASH	C	-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	B	-0.2%
LPLA	D	-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	B	-0.2%
ALNY	C	-0.19%
UTHR	C	-0.19%
HPQ	D	-0.19%
NTNX	C	-0.19%
WWD	D	-0.18%
DBX	D	-0.18%
RPRX	C	-0.18%
TPL	B	-0.18%
MNDY	B	-0.18%
FTI	D	-0.18%
DXCM	F	-0.18%
AER	B	-0.17%
LDOS	B	-0.17%
LULU	D	-0.16%
CYBR	D	-0.16%
NRG	C	-0.15%
NBIX	F	-0.14%