QYLD vs. RAYD ETF Comparison

Comparison of Recon Capital NASDAQ-100 Covered Call ETF (QYLD) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

QYLD

Recon Capital NASDAQ-100 Covered Call ETF

QYLD Description

The investment seeks to provide investment results that will closely correspond, before fees and expenses, generally to the price and yield performance of the CBOE NASDAQ-100Â® BuyWrite Index. The index measures the total return of a portfolio consisting of common stocks of the 100 companies included in the NASDAQ-100Â® Index and call options systematically written on those securities through a "buy-write" or covered call strategy. The fund will invest at least 80% of its total assets in common stocks of the companies included in NASDAQ-100Â® Index, ("80% Policy"). It is non-diversified.

Grade (RS Rating)

Last Trade

$17.96

Average Daily Volume

6,079,109

Number of Holdings ^*

101

* 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

$30.57

Average Daily Volume

6,022

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	QYLD	RAYD
30 Days	1.74%	0.23%
60 Days	6.21%	7.43%
90 Days	0.34%	2.02%
12 Months	16.39%	35.26%

24 Overlapping Holdings

Symbol	Grade	Weight in QYLD	Weight in RAYD	Overlap
AAPL	C	9.0%	5.36%	5.36%
ADP	A	0.76%	0.51%	0.51%
AMZN	C	5.32%	3.22%	3.22%
BKNG	C	0.93%	2.22%	0.93%
COST	C	2.75%	2.4%	2.4%
CRWD	D	0.46%	0.46%	0.46%
DASH	B	0.36%	0.23%	0.23%
DXCM	F	0.19%	0.18%	0.18%
FANG	C	0.22%	0.2%	0.2%
FTNT	B	0.4%	0.19%	0.19%
GOOG	B	2.38%	0.37%	0.37%
GOOGL	B	2.48%	2.67%	2.48%
INTC	D	0.65%	0.33%	0.33%
LULU	D	0.21%	0.16%	0.16%
MELI	D	0.72%	1.26%	0.72%
META	A	5.13%	1.51%	1.51%
MSFT	D	8.42%	4.92%	4.92%
MU	D	0.7%	0.76%	0.7%
NFLX	B	2.04%	0.57%	0.57%
NVDA	B	7.45%	5.74%	5.74%
PANW	D	0.75%	0.4%	0.4%
TEAM	D	0.17%	0.33%	0.17%
TMUS	A	1.59%	0.29%	0.29%
VRSK	C	0.25%	0.52%	0.25%

QYLD Overweight 77 Positions Relative to RAYD

Symbol	Grade	Weight
AVGO	C	5.41%
TSLA	C	3.16%
AMD	B	1.71%
PEP	F	1.6%
ADBE	F	1.58%
LIN	B	1.54%
CSCO	A	1.42%
TXN	C	1.26%
QCOM	C	1.25%
AMGN	D	1.22%
INTU	F	1.21%
ISRG	C	1.17%
AMAT	B	1.08%
CMCSA	C	1.06%
HON	C	0.89%
REGN	D	0.8%
VRTX	D	0.8%
ADI	C	0.76%
SBUX	C	0.73%
GILD	A	0.71%
LRCX	D	0.69%
KLAC	B	0.69%
MDLZ	D	0.67%
CTAS	C	0.56%
PYPL	C	0.54%
CEG	A	0.54%
SNPS	F	0.52%
CDNS	D	0.51%
ASML	F	0.51%
MAR	B	0.46%
PDD	B	0.46%
ORLY	A	0.44%
CSX	D	0.44%
MRVL	B	0.42%
NXPI	F	0.4%
ROP	C	0.4%
ADSK	C	0.39%
ABNB	D	0.38%
AEP	C	0.37%
MNST	D	0.35%
KDP	C	0.35%
PCAR	C	0.35%
WDAY	D	0.35%
CPRT	C	0.34%
PAYX	A	0.33%
TTD	A	0.33%
ROST	D	0.33%
CHTR	D	0.32%
AZN	D	0.3%
FAST	C	0.28%
IDXX	D	0.28%
KHC	F	0.28%
MCHP	F	0.28%
GEHC	C	0.28%
ODFL	F	0.28%
EXC	A	0.27%
EA	D	0.25%
CCEP	D	0.25%
CTSH	B	0.25%
BKR	B	0.24%
XEL	B	0.24%
DDOG	C	0.24%
CSGP	F	0.21%
ON	F	0.2%
CDW	D	0.2%
ANSS	D	0.19%
BIIB	F	0.19%
TTWO	F	0.18%
ZS	F	0.18%
SMCI	F	0.18%
MRNA	F	0.16%
ILMN	B	0.14%
GFS	F	0.14%
WBD	D	0.13%
MDB	D	0.13%
ARM	C	0.12%
DLTR	F	0.1%

QYLD Underweight 84 Positions Relative to RAYD

Symbol	Grade	Weight
LLY	D	-1.75%
EME	C	-1.57%
SPOT	C	-1.54%
BRBR	A	-1.42%
T	A	-1.16%
PGR	C	-1.11%
ALL	C	-1.03%
MCK	F	-1.0%
MO	D	-0.95%
MA	A	-0.92%
SFM	A	-0.92%
MUSA	D	-0.9%
HCA	C	-0.87%
DTM	A	-0.87%
NVS	D	-0.84%
CL	D	-0.81%
MMM	C	-0.8%
COKE	C	-0.77%
MORN	C	-0.65%
EVR	C	-0.64%
MRK	F	-0.61%
PG	D	-0.59%
IBM	A	-0.58%
PM	D	-0.52%
THC	D	-0.51%
CVLT	C	-0.5%
ABBV	B	-0.49%
ANF	F	-0.48%
EXEL	B	-0.48%
MEDP	F	-0.47%
MSI	A	-0.45%
DECK	B	-0.45%
V	C	-0.44%
PRU	C	-0.44%
JNJ	D	-0.43%
DFS	C	-0.42%
FICO	A	-0.4%
ALNY	C	-0.39%
CMG	C	-0.37%
WFRD	F	-0.36%
APP	A	-0.35%
ORI	B	-0.34%
RGA	C	-0.33%
HRB	C	-0.3%
GRMN	D	-0.3%
CHKP	C	-0.29%
HIG	B	-0.29%
VEEV	C	-0.28%
GS	D	-0.28%
VRSN	B	-0.27%
WING	C	-0.27%
GRAB	C	-0.27%
TW	A	-0.26%
GDDY	D	-0.25%
UBER	C	-0.24%
XRX	D	-0.23%
ERIE	B	-0.23%
TSN	D	-0.23%
NTAP	D	-0.23%
STX	B	-0.22%
DOCU	B	-0.22%
LOGI	D	-0.22%
HPQ	B	-0.21%
VZ	B	-0.21%
DIS	D	-0.21%
MANH	C	-0.21%
MTG	B	-0.21%
LPLA	C	-0.21%
TRGP	A	-0.2%
UHS	D	-0.2%
HLI	B	-0.2%
RGLD	C	-0.2%
MNDY	B	-0.19%
UNH	B	-0.19%
UTHR	C	-0.19%
FTI	B	-0.19%
LMT	A	-0.19%
WWD	C	-0.18%
DBX	B	-0.18%
RPRX	D	-0.18%
CYBR	C	-0.17%
AER	D	-0.17%
NRG	A	-0.17%
LDOS	A	-0.17%