RAYD vs. DON ETF Comparison

Comparison of The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD) to WisdomTree MidCap Dividend Fund (DON)

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

DON

WisdomTree MidCap Dividend Fund

DON Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree MidCap Dividend Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of the mid-capitalization segment of the U.S. dividend-paying market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.66

Average Daily Volume

119,103

Number of Holdings ^*

329

* may have additional holdings in another (foreign) market

Performance

Period	RAYD	DON
30 Days	0.23%	2.40%
60 Days	7.43%	6.26%
90 Days	2.02%	10.36%
12 Months	35.26%	30.04%

17 Overlapping Holdings

Symbol	Grade	Weight in RAYD	Weight in DON	Overlap
COKE	C	0.77%	0.14%	0.14%
DTM	A	0.87%	0.5%	0.5%
EME	C	1.57%	0.27%	0.27%
EVR	C	0.64%	0.3%	0.3%
HLI	B	0.2%	0.24%	0.2%
HRB	C	0.3%	0.54%	0.3%
LDOS	A	0.17%	0.42%	0.17%
MORN	C	0.65%	0.18%	0.18%
MTG	B	0.21%	0.39%	0.21%
MUSA	D	0.9%	0.14%	0.14%
NRG	A	0.17%	0.84%	0.17%
ORI	B	0.34%	0.65%	0.34%
RGA	C	0.33%	0.59%	0.33%
RGLD	C	0.2%	0.19%	0.19%
UHS	D	0.2%	0.19%	0.19%
WING	C	0.27%	0.17%	0.17%
WWD	C	0.18%	0.15%	0.15%

RAYD Overweight 91 Positions Relative to DON

Symbol	Grade	Weight
NVDA	B	5.74%
AAPL	C	5.36%
MSFT	D	4.92%
AMZN	C	3.22%
GOOGL	B	2.67%
COST	C	2.4%
BKNG	C	2.22%
LLY	D	1.75%
SPOT	C	1.54%
META	A	1.51%
BRBR	A	1.42%
MELI	D	1.26%
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%
HCA	C	0.87%
NVS	D	0.84%
CL	D	0.81%
MMM	C	0.8%
MU	D	0.76%
MRK	F	0.61%
PG	D	0.59%
IBM	A	0.58%
NFLX	B	0.57%
VRSK	C	0.52%
PM	D	0.52%
ADP	A	0.51%
THC	D	0.51%
CVLT	C	0.5%
ABBV	A	0.49%
ANF	F	0.48%
EXEL	B	0.48%
MEDP	F	0.47%
CRWD	D	0.46%
MSI	A	0.45%
DECK	B	0.45%
V	C	0.44%
PRU	C	0.44%
JNJ	D	0.43%
DFS	C	0.42%
PANW	D	0.4%
FICO	A	0.4%
ALNY	C	0.39%
CMG	C	0.37%
GOOG	B	0.37%
WFRD	F	0.36%
APP	A	0.35%
TEAM	D	0.33%
INTC	D	0.33%
GRMN	D	0.3%
CHKP	C	0.29%
HIG	B	0.29%
TMUS	A	0.29%
VEEV	C	0.28%
GS	D	0.28%
VRSN	B	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%
DASH	C	0.23%
STX	B	0.22%
DOCU	B	0.22%
LOGI	D	0.22%
HPQ	C	0.21%
VZ	B	0.21%
DIS	D	0.21%
MANH	C	0.21%
LPLA	C	0.21%
TRGP	A	0.2%
FANG	C	0.2%
MNDY	B	0.19%
UNH	B	0.19%
UTHR	C	0.19%
FTI	B	0.19%
FTNT	B	0.19%
LMT	A	0.19%
DXCM	F	0.18%
DBX	B	0.18%
RPRX	D	0.18%
CYBR	C	0.17%
AER	D	0.17%
LULU	D	0.16%

RAYD Underweight 312 Positions Relative to DON

Symbol	Grade	Weight
VST	B	-1.91%
PKG	B	-1.09%
IP	C	-1.08%
CRBG	C	-1.07%
CAG	D	-0.97%
FNF	B	-0.91%
EVRG	C	-0.91%
VTRS	D	-0.89%
PNW	B	-0.84%
WPC	C	-0.82%
CG	B	-0.8%
SNA	A	-0.79%
SYF	B	-0.78%
SWK	C	-0.78%
WSM	B	-0.73%
EQT	B	-0.72%
NI	A	-0.72%
LNT	A	-0.7%
GLPI	A	-0.7%
CUBE	C	-0.69%
OGE	A	-0.69%
CPB	D	-0.69%
MAS	A	-0.68%
LAMR	C	-0.67%
MAA	D	-0.66%
EMN	C	-0.66%
EWBC	D	-0.66%
CNA	D	-0.66%
IPG	D	-0.64%
TPR	C	-0.63%
CMA	C	-0.62%
SJM	D	-0.61%
LUV	B	-0.61%
BEN	F	-0.61%
AM	A	-0.61%
ESS	D	-0.6%
JEF	A	-0.6%
NNN	A	-0.55%
EQH	C	-0.54%
WSO	C	-0.54%
ALLY	F	-0.54%
UNM	A	-0.53%
JXN	A	-0.53%
INGR	B	-0.53%
GEN	B	-0.52%
UDR	C	-0.52%
JNPR	B	-0.51%
DKS	D	-0.51%
OWL	A	-0.5%
KIM	C	-0.5%
CHRW	C	-0.49%
SW	C	-0.49%
CF	A	-0.48%
CHRD	F	-0.47%
TXRH	C	-0.47%
OMF	F	-0.47%
LNC	D	-0.46%
LII	C	-0.46%
WTRG	D	-0.46%
ACI	F	-0.45%
CHK	D	-0.44%
NFG	A	-0.44%
SSNC	C	-0.43%
COLB	C	-0.43%
UI	A	-0.43%
ZION	D	-0.42%
TAP	D	-0.42%
FRT	D	-0.42%
UGI	C	-0.42%
CIVI	F	-0.41%
SNV	D	-0.41%
SON	D	-0.4%
FLO	D	-0.4%
OVV	D	-0.39%
RDN	D	-0.39%
CE	C	-0.39%
BRX	C	-0.39%
LKQ	F	-0.38%
RL	B	-0.38%
WU	D	-0.38%
TOL	A	-0.37%
RPM	B	-0.37%
AFG	B	-0.37%
WBS	D	-0.37%
DPZ	D	-0.37%
WAL	C	-0.37%
CFR	D	-0.36%
CSL	A	-0.36%
DINO	D	-0.36%
HST	D	-0.35%
HOMB	D	-0.35%
AIZ	B	-0.35%
MTN	D	-0.34%
REG	C	-0.34%
OZK	D	-0.33%
PB	D	-0.33%
OC	C	-0.33%
BPOP	D	-0.33%
GPK	D	-0.33%
CPT	C	-0.32%
FAF	C	-0.32%
ALSN	A	-0.32%
SF	A	-0.32%
GAP	F	-0.32%
SWX	C	-0.31%
TPL	A	-0.31%
HII	F	-0.31%
NXST	F	-0.31%
PAG	D	-0.31%
REYN	D	-0.31%
LECO	F	-0.31%
UBSI	D	-0.3%
SCI	D	-0.3%
FLS	A	-0.3%
WEN	D	-0.3%
DCI	C	-0.3%
POR	D	-0.3%
CADE	D	-0.29%
TER	C	-0.29%
ITT	C	-0.29%
BOKF	D	-0.29%
APA	F	-0.29%
SSB	C	-0.28%
MOS	F	-0.28%
FNB	D	-0.28%
IEX	D	-0.28%
FOXA	A	-0.28%
VLY	C	-0.28%
CBT	C	-0.28%
ATR	A	-0.28%
MSM	D	-0.28%
ACT	C	-0.28%
AOS	B	-0.27%
ONB	D	-0.27%
GBCI	C	-0.27%
SEIC	B	-0.27%
LSTR	F	-0.26%
POOL	B	-0.26%
R	C	-0.26%
VOYA	A	-0.26%
HLNE	A	-0.26%
MLI	B	-0.26%
IDA	D	-0.25%
KBH	C	-0.25%
BWXT	A	-0.25%
WTFC	C	-0.25%
WH	C	-0.25%
PRI	A	-0.25%
NJR	C	-0.25%
FOX	A	-0.25%
HUN	C	-0.24%
GGG	C	-0.24%
M	F	-0.24%
NDSN	C	-0.24%
RHI	D	-0.23%
BBWI	F	-0.23%
CBSH	D	-0.23%
GNTX	D	-0.23%
JKHY	A	-0.23%
TKR	D	-0.23%
LANC	F	-0.22%
RLI	A	-0.22%
CWEN	C	-0.22%
ALB	D	-0.22%
MDU	C	-0.22%
SNX	D	-0.22%
STAG	D	-0.22%
EHC	B	-0.21%
MAN	D	-0.21%
FFIN	D	-0.21%
ADTN	C	-0.21%
TTC	D	-0.21%
PII	D	-0.21%
FBIN	B	-0.21%
ARMK	B	-0.21%
JBL	C	-0.21%
UFPI	C	-0.2%
THG	C	-0.2%
IBKR	A	-0.2%
FIX	B	-0.2%
BSY	D	-0.2%
AVT	C	-0.2%
ACM	A	-0.2%
CASY	D	-0.2%
LEA	F	-0.2%
AEO	C	-0.2%
CCK	C	-0.19%
SAIC	A	-0.19%
RRX	C	-0.19%
AMH	D	-0.19%
LPX	C	-0.19%
NEU	F	-0.19%
BERY	C	-0.19%
MUR	F	-0.19%
SEE	D	-0.19%
ELS	D	-0.18%
HOG	D	-0.18%
NYT	C	-0.18%
ESI	C	-0.17%
FG	C	-0.17%
TECH	D	-0.17%
THO	C	-0.17%
IPAR	F	-0.17%
COLM	D	-0.17%
AIT	B	-0.17%
BC	D	-0.17%
BWA	C	-0.17%
AWI	A	-0.17%
MKTX	B	-0.16%
IBP	C	-0.16%
NWSA	D	-0.16%
GL	C	-0.16%
PR	D	-0.16%
SLGN	C	-0.16%
MGY	B	-0.16%
CW	A	-0.16%
RHP	C	-0.16%
SIGI	D	-0.16%
CHH	C	-0.16%
OSK	F	-0.16%
BYD	C	-0.16%
AGCO	D	-0.16%
CHX	C	-0.16%
TTEK	A	-0.16%
WMS	D	-0.16%
AL	D	-0.16%
TKO	A	-0.15%
KBR	B	-0.15%
CC	D	-0.15%
KNSL	C	-0.15%
GATX	F	-0.15%
EXP	B	-0.15%
TFX	C	-0.15%
TPX	C	-0.15%
OLN	C	-0.15%
OLED	C	-0.14%
BRKR	D	-0.14%
CHDN	D	-0.14%
DLB	C	-0.14%
PNFP	D	-0.14%
EDR	A	-0.14%
DNB	D	-0.14%
GOLF	F	-0.14%
LW	D	-0.14%
XRAY	D	-0.14%
NSP	F	-0.14%
CMC	D	-0.14%
BMI	A	-0.13%
AAON	B	-0.13%
SM	C	-0.13%
MMS	C	-0.13%
MTDR	F	-0.13%
WCC	D	-0.13%
ASH	F	-0.13%
EXPO	A	-0.13%
PAYC	D	-0.13%
PBF	F	-0.13%
AMKR	F	-0.13%
MKSI	F	-0.13%
REXR	D	-0.13%
AYI	A	-0.12%
VMI	B	-0.12%
CR	B	-0.12%
PTEN	F	-0.12%
ZWS	A	-0.12%
RRC	C	-0.12%
LFUS	D	-0.12%
EGP	D	-0.12%
CHE	C	-0.12%
FELE	C	-0.12%
MSA	F	-0.12%
LAD	C	-0.12%
SSD	B	-0.12%
LEVI	C	-0.12%
X	F	-0.11%
NOV	F	-0.11%
ENSG	D	-0.11%
BCC	C	-0.11%
WTS	C	-0.11%
PFSI	C	-0.11%
FSS	D	-0.1%
MTH	C	-0.1%
COLD	D	-0.1%
FUL	F	-0.09%
CWEN	C	-0.09%
NWS	D	-0.09%
HXL	F	-0.09%
MOG.A	C	-0.09%
H	C	-0.09%
FR	D	-0.09%
ADC	B	-0.09%
GPI	C	-0.08%
BCPC	C	-0.08%
IRDM	B	-0.08%
ESAB	C	-0.08%
AMG	B	-0.08%
PEGA	C	-0.08%
SNDR	C	-0.08%
RYN	C	-0.07%
ASO	D	-0.07%
VNT	F	-0.07%
POWI	F	-0.07%
ORA	C	-0.07%
TRNO	D	-0.07%
PVH	F	-0.07%
KRC	C	-0.06%
PECO	C	-0.06%
DDS	D	-0.06%
SEB	F	-0.05%
CNXC	F	-0.05%
DLN	A	-0.04%
NFE	F	-0.03%