ONEV vs. RAYD ETF Comparison

Comparison of SPDR Russell 1000 Low Volatility Focus ETF (ONEV) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

ONEV

SPDR Russell 1000 Low Volatility Focus ETF

ONEV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising low volatility characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$128.92

Average Daily Volume

7,002

Number of Holdings ^*

412

* 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	ONEV	RAYD
30 Days	3.08%	2.09%
60 Days	6.00%	5.07%
90 Days	8.23%	4.83%
12 Months	22.19%	31.61%

31 Overlapping Holdings

Symbol	Grade	Weight in ONEV	Weight in RAYD	Overlap
BRBR	C	0.07%	1.42%	0.07%
CL	D	0.3%	0.65%	0.3%
CMI	C	0.61%	0.48%	0.48%
COKE	C	0.13%	0.39%	0.13%
CR	C	0.11%	0.41%	0.11%
DBX	D	0.23%	0.18%	0.18%
DTM	B	0.17%	0.85%	0.17%
EME	B	0.26%	1.5%	0.26%
GDDY	C	0.27%	0.25%	0.25%
GRMN	D	0.43%	0.32%	0.32%
HIG	B	0.28%	0.29%	0.28%
HLI	B	0.26%	0.2%	0.2%
HRB	C	0.33%	0.3%	0.3%
LDOS	B	0.52%	0.17%	0.17%
LPLA	D	0.11%	0.2%	0.11%
MCK	F	0.62%	1.1%	0.62%
MO	C	0.59%	0.8%	0.59%
MORN	C	0.06%	0.64%	0.06%
MTG	B	0.19%	0.2%	0.19%
MUSA	D	0.28%	0.64%	0.28%
NBIX	F	0.11%	0.14%	0.11%
NRG	C	0.12%	0.15%	0.12%
NTAP	D	0.55%	0.22%	0.22%
ORI	B	0.17%	0.34%	0.17%
RPRX	C	0.41%	0.18%	0.18%
TSN	C	0.15%	0.24%	0.15%
TW	B	0.15%	0.25%	0.15%
UTHR	C	0.55%	0.19%	0.19%
VRSK	D	0.25%	0.34%	0.25%
VRSN	D	0.59%	0.26%	0.26%
WWD	D	0.04%	0.18%	0.04%

ONEV Overweight 381 Positions Relative to RAYD

Symbol	Grade	Weight
CTSH	C	1.44%
BMY	C	1.25%
ACGL	C	1.08%
CAH	C	1.03%
HUM	F	0.88%
CNC	D	0.84%
GILD	B	0.81%
BBY	C	0.8%
EA	D	0.73%
PSA	B	0.72%
AZO	D	0.71%
ORLY	C	0.7%
CBOE	C	0.7%
EBAY	B	0.67%
ADM	D	0.66%
CINF	C	0.65%
SWKS	D	0.62%
EG	C	0.62%
GPC	D	0.62%
ATO	B	0.62%
KVUE	C	0.59%
RS	D	0.59%
KR	C	0.56%
TROW	D	0.55%
FAST	C	0.55%
GEHC	C	0.53%
AON	B	0.53%
TSCO	C	0.52%
CASY	D	0.52%
RNR	C	0.5%
XEL	B	0.5%
OMC	B	0.49%
HPE	D	0.49%
TGT	C	0.48%
CHTR	D	0.48%
ETR	B	0.47%
KMB	D	0.47%
FFIV	B	0.46%
FDS	C	0.45%
NVR	B	0.45%
A	C	0.45%
BR	D	0.44%
MKL	C	0.44%
SNA	C	0.44%
JNPR	B	0.43%
PCAR	D	0.41%
GIS	B	0.41%
IP	B	0.41%
DHI	B	0.4%
K	B	0.4%
POOL	C	0.39%
MOH	D	0.39%
AMCR	B	0.39%
DGX	B	0.39%
EXPD	C	0.39%
AEE	C	0.38%
JBL	D	0.38%
EXC	C	0.38%
PEG	C	0.38%
WRB	C	0.38%
DG	F	0.37%
DOX	C	0.37%
WEC	C	0.36%
J	C	0.36%
GWW	B	0.36%
SOLV	C	0.36%
NUE	F	0.35%
SRE	C	0.35%
TRV	C	0.35%
KEYS	C	0.35%
CUBE	C	0.35%
ED	C	0.35%
D	C	0.34%
AKAM	D	0.34%
MAS	B	0.34%
MAA	B	0.34%
INCY	C	0.34%
INGR	B	0.33%
ITW	C	0.33%
YUM	D	0.33%
HII	D	0.33%
LUV	C	0.33%
HSY	C	0.32%
PAYX	C	0.32%
BRO	C	0.32%
CVS	D	0.32%
AEP	C	0.32%
EVRG	B	0.32%
CHE	C	0.32%
CACI	B	0.32%
BJ	D	0.32%
CHK	D	0.31%
CMS	C	0.31%
PHM	B	0.31%
FOXA	B	0.31%
CLX	C	0.31%
VICI	C	0.3%
MSCI	C	0.3%
ALSN	B	0.29%
AVB	B	0.29%
CTRA	F	0.29%
PKG	B	0.29%
SCI	B	0.29%
NOC	B	0.29%
GGG	C	0.28%
SBAC	C	0.28%
ANSS	D	0.28%
BWA	D	0.28%
CBRE	A	0.28%
VTRS	D	0.28%
AOS	D	0.28%
EQR	B	0.27%
OGE	C	0.27%
OTIS	C	0.27%
FDX	C	0.27%
IPG	C	0.27%
NI	B	0.27%
WTW	C	0.26%
SJM	C	0.26%
CSX	D	0.26%
SAIC	C	0.26%
WST	D	0.26%
GL	C	0.26%
EIX	C	0.26%
PNW	C	0.25%
JAZZ	D	0.25%
PPL	C	0.25%
LECO	F	0.25%
EHC	C	0.25%
GNTX	F	0.25%
SEIC	C	0.25%
ELS	C	0.24%
CPT	B	0.24%
SYY	D	0.24%
CNP	C	0.24%
ROK	D	0.24%
RHI	D	0.24%
SKX	D	0.24%
WPC	C	0.24%
LSTR	D	0.24%
JBHT	D	0.24%
CAG	C	0.24%
DCI	C	0.24%
JKHY	B	0.23%
HOLX	C	0.23%
PPG	D	0.23%
BAH	C	0.23%
ZBH	F	0.23%
G	C	0.23%
TAP	D	0.23%
CPB	C	0.23%
ALLE	B	0.23%
RLI	B	0.23%
ROL	C	0.22%
CRUS	D	0.22%
UHS	B	0.22%
EMN	B	0.22%
RPM	B	0.22%
DVA	B	0.22%
WY	C	0.22%
WSO	C	0.22%
STE	C	0.22%
CE	F	0.22%
NFG	B	0.21%
ATR	B	0.21%
IEX	D	0.21%
RL	C	0.21%
CPAY	B	0.21%
LNT	B	0.21%
CHD	D	0.21%
L	C	0.21%
FE	C	0.21%
DTE	C	0.21%
MKC	C	0.21%
DLTR	F	0.21%
TXT	D	0.2%
MAT	C	0.2%
ACI	F	0.2%
NYT	C	0.2%
BAX	C	0.2%
UDR	C	0.2%
AMG	C	0.2%
KHC	C	0.19%
BG	D	0.19%
PRI	B	0.19%
AVY	C	0.19%
STLD	F	0.19%
FR	B	0.19%
FCN	D	0.18%
CNM	F	0.18%
SSNC	B	0.18%
GPK	B	0.18%
AME	C	0.18%
MTN	D	0.18%
VVV	D	0.18%
OC	D	0.18%
AWK	B	0.18%
LAMR	B	0.18%
CSL	B	0.18%
FTV	C	0.18%
ACM	B	0.18%
MKTX	C	0.18%
MTD	D	0.18%
RSG	D	0.18%
CF	C	0.18%
MNST	D	0.17%
KNSL	C	0.17%
RGLD	C	0.17%
DPZ	F	0.17%
QGEN	C	0.17%
HST	C	0.17%
NDAQ	A	0.17%
DOV	B	0.17%
VST	C	0.16%
OSK	F	0.16%
LOPE	D	0.16%
DLB	F	0.16%
VFC	C	0.16%
SSD	D	0.16%
KNX	C	0.16%
ODFL	D	0.16%
FOX	B	0.16%
LII	B	0.16%
AIZ	B	0.16%
BALL	C	0.15%
EXEL	C	0.15%
PSN	B	0.15%
TFX	C	0.15%
QRVO	F	0.15%
LKQ	F	0.15%
ES	C	0.15%
WU	F	0.15%
EXP	B	0.15%
LEA	F	0.15%
SON	C	0.15%
PII	D	0.15%
CCK	A	0.15%
ITT	B	0.15%
CTVA	B	0.15%
MSM	D	0.14%
EGP	B	0.14%
WHR	D	0.14%
POST	C	0.14%
TTC	D	0.14%
AGCO	D	0.14%
NEU	D	0.14%
FCNCA	D	0.14%
WTRG	D	0.14%
ESS	B	0.14%
HRL	C	0.13%
CW	B	0.13%
BERY	B	0.13%
BWXT	D	0.13%
JHG	B	0.13%
FLO	C	0.13%
AMH	C	0.13%
AYI	B	0.13%
NNN	C	0.13%
SNX	D	0.12%
HUBB	B	0.12%
VMC	D	0.12%
PNR	B	0.12%
IDA	C	0.12%
MDU	C	0.11%
VMI	D	0.11%
RYN	C	0.11%
SYF	C	0.11%
MAN	C	0.11%
CIEN	C	0.11%
NWSA	D	0.11%
FYBR	C	0.11%
EVR	A	0.11%
AWI	B	0.1%
CRI	D	0.1%
BRKR	D	0.1%
SLGN	B	0.1%
PRGO	D	0.1%
FIX	B	0.1%
UGI	C	0.1%
MSGS	B	0.1%
TECH	C	0.1%
OGN	D	0.1%
COLM	C	0.1%
TXRH	C	0.1%
CHRW	B	0.1%
UHAL	A	0.09%
XRAY	D	0.09%
PINC	C	0.09%
ARW	C	0.09%
VNT	F	0.09%
STAG	C	0.09%
AXS	B	0.09%
ASH	D	0.08%
GXO	D	0.08%
AGO	C	0.08%
TTEK	C	0.08%
TDY	B	0.08%
AFG	B	0.08%
LBRDK	F	0.08%
NDSN	C	0.08%
AAON	B	0.08%
IBKR	B	0.08%
ADC	C	0.07%
NWL	C	0.07%
VOYA	B	0.07%
NSA	B	0.07%
VSTS	D	0.07%
NXST	D	0.07%
R	A	0.07%
HSIC	C	0.07%
CRL	F	0.07%
AXTA	B	0.07%
DINO	F	0.06%
AES	C	0.06%
WBA	F	0.06%
BC	C	0.06%
CNH	D	0.06%
GO	F	0.06%
BEN	F	0.06%
AAP	F	0.06%
IPGP	F	0.06%
CACC	F	0.06%
ALK	C	0.06%
CBSH	C	0.06%
SITE	C	0.06%
REYN	C	0.06%
LFUS	C	0.06%
KEX	C	0.06%
CHH	C	0.06%
SN	B	0.06%
SRCL	A	0.05%
ESAB	C	0.05%
LEG	D	0.05%
SNDR	B	0.05%
FMC	C	0.05%
FLS	D	0.05%
TKR	D	0.05%
KRC	C	0.05%
HUN	D	0.05%
ESI	D	0.05%
BFAM	C	0.05%
MSA	D	0.05%
FTRE	D	0.05%
PB	B	0.05%
DNB	C	0.05%
CGNX	F	0.04%
NWS	D	0.04%
IRDM	D	0.04%
THG	B	0.04%
WH	B	0.04%
OLLI	C	0.04%
AGR	B	0.04%
CWEN	C	0.04%
HOG	C	0.04%
MIDD	D	0.04%
FIVE	D	0.04%
AMED	C	0.04%
WSC	D	0.04%
FAF	B	0.04%
EEFT	D	0.04%
OZK	D	0.04%
HIW	B	0.04%
SEB	D	0.03%
WLK	D	0.03%
GTES	C	0.03%
VIRT	C	0.03%
SAM	F	0.03%
NVST	D	0.03%
CWEN	C	0.02%
PPC	D	0.02%
FHB	D	0.02%
TNL	D	0.02%
UHAL	A	0.02%
SEE	D	0.02%
ST	D	0.02%
CNA	C	0.02%
CACC	F	0.02%
PAG	D	0.02%
UAA	C	0.01%
UA	D	0.01%
LBRDA	F	0.01%

ONEV Underweight 80 Positions Relative to RAYD

Symbol	Grade	Weight
NVDA	D	-6.08%
AAPL	C	-5.21%
MSFT	C	-5.07%
AMZN	C	-3.3%
COST	B	-2.5%
GOOGL	D	-2.12%
LLY	C	-1.87%
BKNG	C	-1.85%
MA	B	-1.8%
SPOT	B	-1.44%
MELI	B	-1.33%
META	B	-1.24%
PGR	B	-1.12%
ALL	B	-1.04%
SFM	B	-0.88%
NVS	C	-0.85%
JNJ	C	-0.84%
PANW	D	-0.81%
T	C	-0.78%
RGA	C	-0.65%
MRK	D	-0.63%
PG	C	-0.59%
MMC	C	-0.59%
IBM	B	-0.57%
MMM	B	-0.57%
MEDP	F	-0.52%
ADP	B	-0.52%
THC	A	-0.51%
ANF	D	-0.5%
ABBV	C	-0.5%
V	C	-0.47%
DECK	C	-0.46%
VRTX	D	-0.46%
PRU	C	-0.44%
CRWD	D	-0.44%
NU	B	-0.41%
HCA	B	-0.41%
WFRD	F	-0.4%
GM	C	-0.39%
CMG	C	-0.38%
NFLX	B	-0.37%
GOOG	D	-0.36%
TEAM	D	-0.35%
APP	C	-0.33%
MU	F	-0.3%
VEEV	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%
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%
DIS	D	-0.2%
DFS	C	-0.2%
HUBS	D	-0.2%
STX	C	-0.2%
NKE	D	-0.2%
TRGP	B	-0.2%
MANH	B	-0.2%
ALNY	C	-0.19%
HPQ	D	-0.19%
NTNX	C	-0.19%
TPL	B	-0.18%
MNDY	B	-0.18%
FTI	D	-0.18%
DXCM	F	-0.18%
AER	B	-0.17%
LULU	D	-0.16%
CYBR	D	-0.16%