RAYD vs. FSMD ETF Comparison

Comparison of The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD) to Fidelity Small-Mid Factor ETF (FSMD)
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
FSMD

Fidelity Small-Mid Factor ETF

FSMD Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$41.47

Average Daily Volume

102,885

Number of Holdings *

579

* may have additional holdings in another (foreign) market
Performance
Period RAYD FSMD
30 Days 2.09% 4.75%
60 Days 5.07% 5.12%
90 Days 4.83% 10.59%
12 Months 31.61% 27.97%
29 Overlapping Holdings
Symbol Grade Weight in RAYD Weight in FSMD Overlap
ANF D 0.5% 0.19% 0.19%
BRBR C 1.42% 0.22% 0.22%
COKE C 0.39% 0.19% 0.19%
CR C 0.41% 0.19% 0.19%
DBX D 0.18% 0.18% 0.18%
DTM B 0.85% 0.24% 0.24%
EME B 1.5% 0.37% 0.37%
ERIE B 0.22% 0.32% 0.22%
FTI D 0.18% 0.26% 0.18%
HLI B 0.2% 0.23% 0.2%
HRB C 0.3% 0.25% 0.25%
MANH B 0.2% 0.37% 0.2%
MEDP F 0.52% 0.21% 0.21%
MORN C 0.64% 0.22% 0.22%
MTG B 0.2% 0.2% 0.2%
MUSA D 0.64% 0.26% 0.26%
NBIX F 0.14% 0.28% 0.14%
NRG C 0.15% 0.39% 0.15%
NTNX C 0.19% 0.36% 0.19%
ORI B 0.34% 0.24% 0.24%
RGA C 0.65% 0.32% 0.32%
SFM B 0.88% 0.26% 0.26%
THC A 0.51% 0.36% 0.36%
TPL B 0.18% 0.36% 0.18%
TW B 0.25% 0.32% 0.25%
UTHR C 0.19% 0.36% 0.19%
WFRD F 0.4% 0.19% 0.19%
WING B 0.26% 0.28% 0.26%
WWD D 0.18% 0.25% 0.18%
RAYD Overweight 82 Positions Relative to FSMD
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%
MCK F 1.1%
ALL B 1.04%
NVS C 0.85%
JNJ C 0.84%
PANW D 0.81%
MO C 0.8%
T C 0.78%
CL D 0.65%
MRK D 0.63%
PG C 0.59%
MMC C 0.59%
IBM B 0.57%
MMM B 0.57%
ADP B 0.52%
ABBV C 0.5%
CMI C 0.48%
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%
GM C 0.39%
CMG C 0.38%
NFLX B 0.37%
GOOG D 0.36%
TEAM D 0.35%
VRSK D 0.34%
APP C 0.33%
GRMN D 0.32%
MU F 0.3%
VEEV C 0.3%
HIG B 0.29%
GS C 0.28%
PINS F 0.28%
CHKP B 0.28%
INTC F 0.28%
TEVA C 0.27%
GRAB C 0.26%
VRSN D 0.26%
GDDY C 0.25%
TSN C 0.24%
UBER C 0.22%
NTAP D 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%
LPLA D 0.2%
DIS D 0.2%
DFS B 0.2%
HUBS D 0.2%
STX C 0.2%
NKE D 0.2%
TRGP B 0.2%
ALNY C 0.19%
HPQ D 0.19%
RPRX C 0.18%
MNDY B 0.18%
DXCM F 0.18%
AER B 0.17%
LDOS B 0.17%
LULU D 0.16%
CYBR D 0.16%
RAYD Underweight 550 Positions Relative to FSMD
Symbol Grade Weight
LII B -0.38%
RPM B -0.35%
L C -0.34%
PCVX C -0.34%
GWRE A -0.34%
TOL B -0.34%
NTRA C -0.34%
LYV B -0.34%
ROL C -0.33%
NWSA D -0.33%
UHS B -0.33%
RNR C -0.33%
ELS C -0.33%
CPT B -0.32%
IBKR B -0.32%
PSTG F -0.32%
CASY D -0.32%
SNA C -0.32%
WSO C -0.32%
PNR B -0.32%
NDSN C -0.31%
REG C -0.31%
GGG C -0.31%
AMH C -0.31%
DKS D -0.3%
TFX C -0.3%
OC D -0.3%
ACM B -0.3%
JNPR B -0.3%
CUBE B -0.3%
TTEK C -0.29%
SRPT D -0.29%
EQH C -0.29%
JLL B -0.29%
SCI B -0.29%
REXR C -0.28%
ALLE B -0.28%
CLH A -0.28%
BSY D -0.28%
OHI B -0.27%
TXRH C -0.27%
MTCH C -0.27%
KNSL C -0.27%
BLD D -0.27%
AIZ B -0.27%
CW B -0.27%
SOLV C -0.27%
SW B -0.27%
BXP B -0.27%
LAMR B -0.27%
EWBC D -0.27%
CHRW B -0.27%
CPB C -0.26%
ATR B -0.26%
DOX C -0.26%
INCY C -0.26%
FIX B -0.26%
NNN C -0.25%
HII D -0.25%
UNM B -0.25%
ENSG B -0.25%
CHDN C -0.25%
BJ D -0.25%
EHC C -0.25%
DUOL B -0.25%
NYT C -0.25%
TAP D -0.25%
ITT B -0.25%
CACI B -0.25%
TPR C -0.25%
RGLD C -0.24%
SKX D -0.24%
PRI B -0.24%
DVA B -0.24%
HRL C -0.24%
CHK D -0.24%
FRT C -0.24%
BFAM C -0.24%
CHE C -0.24%
NVT D -0.24%
INGR B -0.24%
AFG B -0.24%
WAL B -0.24%
OGE C -0.24%
GL C -0.24%
ONTO D -0.24%
OLED C -0.23%
ELAN D -0.23%
ADC C -0.23%
GMED D -0.23%
TPX C -0.23%
SNX D -0.23%
EVR A -0.23%
HALO C -0.23%
FHN D -0.23%
CHRD F -0.23%
AOS D -0.23%
LECO F -0.23%
EXEL C -0.23%
BRX B -0.23%
SF A -0.23%
HSIC C -0.23%
GPK B -0.23%
FR B -0.22%
WBS D -0.22%
PLNT B -0.22%
CIEN C -0.22%
DINO F -0.22%
MHK C -0.22%
BWXT D -0.22%
ALLY F -0.22%
WMS D -0.22%
CMA B -0.22%
EXP B -0.22%
MTN D -0.21%
NFG B -0.21%
ESNT B -0.21%
GKOS C -0.21%
BPOP C -0.21%
AYI B -0.21%
BERY B -0.21%
STAG C -0.21%
VOYA B -0.21%
LNTH D -0.21%
FN D -0.21%
CBSH C -0.21%
TTC D -0.21%
RBC C -0.21%
RGEN F -0.21%
CRUS D -0.21%
OWL C -0.21%
CROX D -0.21%
DCI C -0.21%
SPSC D -0.2%
RLI B -0.2%
SAIC C -0.2%
ARW C -0.2%
WTFC B -0.2%
ZION D -0.2%
ACI F -0.2%
ALV F -0.2%
DOCS B -0.2%
GNTX F -0.2%
AIT A -0.2%
MLI A -0.2%
ALSN B -0.2%
SEIC C -0.2%
RL C -0.2%
MMSI B -0.2%
BWA D -0.2%
TMHC A -0.2%
MTH A -0.2%
FCN D -0.2%
AXTA B -0.2%
UFPI C -0.19%
MASI F -0.19%
KBH A -0.19%
NOVT D -0.19%
CRBG D -0.19%
EPRT B -0.19%
CVLT B -0.19%
G C -0.19%
SN B -0.19%
AXS B -0.19%
HLNE B -0.19%
BRKR D -0.19%
SSD D -0.19%
ADMA B -0.19%
WH B -0.19%
SNV C -0.19%
OSK F -0.18%
RDN C -0.18%
TREX D -0.18%
AAON B -0.18%
MSA D -0.18%
BKH B -0.18%
PI B -0.18%
EXLS B -0.18%
CBT B -0.18%
NXST D -0.18%
NSIT D -0.18%
SIGI D -0.18%
VRNS C -0.18%
RHI D -0.18%
CNX B -0.18%
OLLI C -0.18%
BMI A -0.18%
LSTR D -0.18%
POST C -0.18%
COOP C -0.18%
THG B -0.18%
UGI C -0.18%
CNM F -0.17%
APPF D -0.17%
OMF D -0.17%
UMBF B -0.17%
CMC D -0.17%
FLS D -0.17%
R A -0.17%
WMG D -0.17%
ITGR A -0.17%
CTRE C -0.17%
CIVI F -0.17%
ALTR C -0.17%
ALE B -0.17%
AMG C -0.17%
BPMC F -0.17%
ALKS C -0.17%
BCPC C -0.17%
ESI D -0.17%
PRCT C -0.17%
ACIW B -0.17%
OGN D -0.17%
MTSI D -0.17%
SR B -0.17%
JXN A -0.17%
KD D -0.17%
SON C -0.17%
MGY C -0.17%
BGC B -0.16%
ZETA C -0.16%
KNF B -0.16%
HOG C -0.16%
PIPR B -0.16%
MMS C -0.16%
ASGN D -0.16%
FTDR B -0.16%
PBH B -0.16%
MHO B -0.16%
WU F -0.16%
SLM D -0.16%
CSWI B -0.16%
BYD C -0.16%
EEFT D -0.16%
AVT C -0.16%
TENB F -0.16%
VMI D -0.16%
WTS C -0.16%
FLO C -0.16%
VVV D -0.16%
NHI C -0.16%
DY B -0.16%
IBP D -0.16%
ESTC F -0.16%
AWI B -0.16%
ACLX B -0.16%
QTWO B -0.16%
MOG.A B -0.16%
AXNX B -0.16%
ESAB C -0.16%
AGCO D -0.16%
EXPO A -0.16%
VNT F -0.16%
ASO C -0.16%
GPI B -0.16%
CUZ B -0.16%
NWE B -0.16%
KRYS D -0.16%
RDNT B -0.16%
LRN B -0.15%
SLGN B -0.15%
PBF F -0.15%
AROC D -0.15%
SUM D -0.15%
AMED C -0.15%
ABG D -0.15%
TDS C -0.15%
AGR B -0.15%
KTB B -0.15%
DLB D -0.15%
FSS D -0.15%
BCC B -0.15%
NMIH B -0.15%
NSA B -0.15%
VIRT C -0.15%
ZD D -0.15%
DORM B -0.15%
CRNX C -0.15%
LOPE D -0.15%
NEU D -0.15%
WLK D -0.15%
TPH C -0.15%
FUL C -0.15%
BCO B -0.15%
OZK D -0.15%
BNL B -0.15%
AVA C -0.15%
QLYS F -0.15%
DXC C -0.15%
ZWS A -0.15%
ESGR D -0.15%
TKR D -0.15%
MDU C -0.15%
TGNA D -0.14%
SUPN C -0.14%
FHI A -0.14%
ASB D -0.14%
GNW B -0.14%
SANM D -0.14%
COLM C -0.14%
LANC D -0.14%
CRVL B -0.14%
IDCC B -0.14%
LBRT D -0.14%
CEIX D -0.14%
OTTR F -0.14%
AEO F -0.14%
FULT D -0.14%
PLXS A -0.14%
IBOC D -0.14%
VRRM D -0.14%
WDFC C -0.14%
SHOO B -0.14%
HAE F -0.14%
CATY C -0.14%
SEM D -0.14%
FBP C -0.14%
CORT C -0.14%
AN D -0.14%
CVCO A -0.14%
CPRX A -0.14%
MATX B -0.14%
KRC B -0.14%
ASH D -0.14%
PSN B -0.14%
CNO B -0.14%
HIW B -0.14%
STNG D -0.14%
CALM A -0.13%
PHIN B -0.13%
PLUS A -0.13%
DEI B -0.13%
PAG D -0.13%
INSW D -0.13%
MSM D -0.13%
ICFI B -0.13%
PJT B -0.13%
CNXC F -0.13%
SLVM B -0.13%
LEVI C -0.13%
GPOR D -0.13%
PEGA C -0.13%
PRGS C -0.13%
UE B -0.13%
KAI C -0.13%
PLMR C -0.13%
APAM C -0.13%
BRC C -0.13%
SQSP A -0.13%
STRL B -0.13%
TNL D -0.13%
FORM F -0.13%
ENS D -0.13%
WEN C -0.13%
AX D -0.13%
KFY B -0.13%
AMKR F -0.13%
GHC B -0.13%
CHH C -0.13%
FELE C -0.13%
BTU D -0.13%
PATK B -0.13%
ACA B -0.13%
SXT C -0.13%
YELP F -0.13%
ADUS B -0.13%
KURA D -0.12%
SBH B -0.12%
ROAD B -0.12%
SHO C -0.12%
USM C -0.12%
LTC C -0.12%
CHCO B -0.12%
GTES C -0.12%
STRA F -0.12%
TK C -0.12%
CBZ F -0.12%
WSBC D -0.12%
CASH B -0.12%
UFPT B -0.12%
ADTN D -0.12%
IDT C -0.12%
SCHL D -0.12%
OSIS D -0.12%
GIII C -0.12%
SNEX B -0.12%
SKYW C -0.12%
LGND C -0.12%
VCEL D -0.12%
VCTR B -0.12%
ASTH B -0.12%
REYN C -0.12%
MWA B -0.12%
VGR B -0.12%
LMAT C -0.12%
OFG C -0.12%
AMRX B -0.12%
VSTO C -0.12%
ATGE C -0.12%
PINC C -0.12%
CACC F -0.12%
EQC C -0.12%
AMPH C -0.12%
AAT B -0.11%
ARCH F -0.11%
WABC D -0.11%
COLL C -0.11%
HNI C -0.11%
LZB C -0.11%
SPNT C -0.11%
EPAC B -0.11%
MIR D -0.11%
HIMS D -0.11%
QCRH B -0.11%
FF C -0.11%
PDM B -0.11%
GOLF D -0.11%
LPG F -0.11%
HCC F -0.11%
DEA B -0.11%
EIG C -0.11%
SPOK C -0.11%
PRIM B -0.11%
PPC D -0.11%
HMN D -0.11%
PAHC B -0.11%
TWST D -0.11%
ENVA C -0.11%
BKE B -0.11%
PLTK C -0.11%
GNE D -0.11%
MCY D -0.11%
INVA B -0.11%
RUSHA C -0.11%
HWKN C -0.11%
TNK F -0.11%
IOSP D -0.11%
MGRC F -0.11%
ACT B -0.11%
ALRM F -0.11%
SKWD C -0.11%
EWTX B -0.11%
UTL C -0.11%
UNF C -0.11%
HUBG C -0.11%
NHC D -0.11%
MTX D -0.11%
SCSC D -0.1%
TRNS D -0.1%
ASC D -0.1%
CFB D -0.1%
AMAL B -0.1%
CTBI B -0.1%
SSTK F -0.1%
GEO F -0.1%
ROCK D -0.1%
HSTM C -0.1%
PRDO D -0.1%
OLP B -0.1%
SCVL B -0.1%
SRCE C -0.1%
MCB C -0.1%
CWCO F -0.1%
PFBC D -0.1%
INFA D -0.1%
PEBO C -0.1%
URBN F -0.1%
USPH F -0.1%
IBCP B -0.1%
ATEN C -0.1%
VSH F -0.1%
BHE D -0.1%
REX D -0.1%
KLG C -0.1%
HCI C -0.1%
MRVI D -0.1%
XHR B -0.1%
AGX B -0.1%
CTS D -0.1%
CPF B -0.1%
AZZ D -0.1%
UVSP B -0.1%
PLAB F -0.1%
MCRI C -0.1%
UVE C -0.1%
SLP F -0.09%
VNDA F -0.09%
JBSS D -0.09%
KFRC D -0.09%
BBSI B -0.09%
SCS D -0.09%
USLM B -0.09%
RMR C -0.09%
UTI D -0.09%
ALX B -0.09%
FIZZ D -0.09%
ZYXI F -0.09%
IMKTA D -0.09%
VECO F -0.09%
WSR D -0.09%
ETH D -0.09%
PGRE C -0.09%
AMN F -0.09%
OSUR D -0.09%
APOG B -0.09%
AMR F -0.09%
EGY D -0.09%
TNC F -0.09%
SMP C -0.09%
CRAI D -0.09%
HCKT C -0.09%
POWL C -0.09%
BRY F -0.09%
HE F -0.09%
CXW F -0.09%
IESC C -0.09%
CNXN B -0.09%
CUBI F -0.09%
ANIP D -0.09%
TPB B -0.09%
MSBI D -0.09%
THFF B -0.09%
STAA F -0.09%
UTMD F -0.09%
ANDE D -0.09%
CSV C -0.09%
DDS F -0.09%
WINA D -0.09%
CASS C -0.09%
NSSC F -0.08%
CECO D -0.08%
NPK D -0.08%
SIGA D -0.08%
HSII C -0.08%
TPC C -0.08%
AMCX F -0.08%
HCSG C -0.08%
NVEC D -0.08%
EBF B -0.08%
IMMR D -0.07%
PANL F -0.07%
SXC F -0.07%
MLR D -0.07%
SMLR F -0.07%
GIC D -0.07%
KELYA D -0.07%
METC F -0.06%
KRT D -0.06%
JBI F -0.06%
CLW F -0.05%
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