RAYD vs. GURU ETF Comparison

Comparison of The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD) to Global X Top Guru Holdings Index ETF (GURU)

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

$30.90

Average Daily Volume

6,019

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

GURU

Global X Top Guru Holdings Index ETF

GURU Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Top Guru Holdings Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs based on the securities in the underlying index. The underlying index is comprised of the top U.S. listed equity positions reported on Form 13F by a select group of entities that Structured Solutions AG (the "Index Provider") characterizes as hedge funds. The Adviser uses a "passive" or indexing approach to try to achieve the fund's investment objective. It is non-diversified.

Grade (RS Rating)

Last Trade

$48.18

Average Daily Volume

1,375

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYD	GURU
30 Days	4.53%	7.63%
60 Days	11.75%	15.13%
90 Days	3.14%	10.41%
12 Months	35.91%	37.05%

14 Overlapping Holdings

Symbol	Grade	Weight in RAYD	Weight in GURU	Overlap
AAPL	C	5.36%	1.49%	1.49%
AMZN	C	3.22%	1.55%	1.55%
CMG	C	0.37%	1.56%	0.37%
CYBR	C	0.17%	1.51%	0.17%
GDDY	B	0.25%	1.41%	0.25%
GOOGL	B	2.67%	1.49%	1.49%
MA	A	0.92%	1.55%	0.92%
META	A	1.51%	1.55%	1.51%
MSFT	D	4.92%	1.49%	1.49%
NVDA	B	5.74%	1.45%	1.45%
STX	C	0.22%	1.6%	0.22%
THC	D	0.51%	1.55%	0.51%
UNH	B	0.19%	1.48%	0.19%
UTHR	C	0.19%	1.63%	0.19%

RAYD Overweight 94 Positions Relative to GURU

Symbol	Grade	Weight
COST	C	2.4%
BKNG	B	2.22%
LLY	D	1.75%
EME	B	1.57%
SPOT	C	1.54%
BRBR	A	1.42%
MELI	D	1.26%
T	B	1.16%
PGR	B	1.11%
ALL	A	1.03%
MCK	F	1.0%
MO	D	0.95%
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%
MU	D	0.76%
MORN	B	0.65%
EVR	C	0.64%
MRK	F	0.61%
PG	D	0.59%
IBM	A	0.58%
NFLX	A	0.57%
VRSK	D	0.52%
PM	D	0.52%
ADP	A	0.51%
CVLT	B	0.5%
ABBV	C	0.49%
ANF	D	0.48%
EXEL	B	0.48%
MEDP	F	0.47%
CRWD	D	0.46%
MSI	A	0.45%
DECK	B	0.45%
V	B	0.44%
PRU	B	0.44%
JNJ	D	0.43%
DFS	A	0.42%
PANW	B	0.4%
FICO	C	0.4%
ALNY	C	0.39%
GOOG	B	0.37%
WFRD	F	0.36%
APP	A	0.35%
ORI	A	0.34%
RGA	B	0.33%
TEAM	D	0.33%
INTC	D	0.33%
HRB	C	0.3%
GRMN	D	0.3%
CHKP	A	0.29%
HIG	A	0.29%
TMUS	A	0.29%
VEEV	C	0.28%
GS	B	0.28%
VRSN	C	0.27%
WING	C	0.27%
GRAB	C	0.27%
TW	A	0.26%
UBER	C	0.24%
XRX	D	0.23%
ERIE	A	0.23%
TSN	D	0.23%
NTAP	D	0.23%
DASH	A	0.23%
DOCU	A	0.22%
LOGI	D	0.22%
HPQ	B	0.21%
VZ	C	0.21%
DIS	D	0.21%
MANH	A	0.21%
MTG	A	0.21%
LPLA	D	0.21%
TRGP	A	0.2%
UHS	D	0.2%
FANG	D	0.2%
HLI	A	0.2%
RGLD	C	0.2%
MNDY	B	0.19%
FTI	B	0.19%
FTNT	A	0.19%
LMT	A	0.19%
WWD	C	0.18%
DXCM	F	0.18%
DBX	C	0.18%
RPRX	D	0.18%
AER	C	0.17%
NRG	A	0.17%
LDOS	A	0.17%
LULU	D	0.16%

RAYD Underweight 46 Positions Relative to GURU

Symbol	Grade	Weight
NUVL	B	-2.03%
BABA	A	-1.99%
CEG	A	-1.98%
DAL	C	-1.89%
ORCL	A	-1.81%
GWRE	A	-1.77%
CARR	A	-1.73%
GRBK	C	-1.72%
PTCT	C	-1.67%
CHK	C	-1.66%
EXPE	B	-1.66%
PWR	A	-1.63%
HD	A	-1.63%
CPNG	C	-1.63%
RBLX	D	-1.61%
WELL	C	-1.61%
LAD	C	-1.61%
FI	A	-1.59%
PCG	C	-1.59%
SHW	C	-1.58%
JHG	A	-1.57%
INCY	B	-1.57%
TPL	A	-1.57%
CRM	B	-1.55%
ABG	D	-1.55%
LIN	C	-1.54%
SPGI	C	-1.53%
HWM	A	-1.53%
EDR	A	-1.53%
ASH	F	-1.52%
MRVL	C	-1.51%
CSX	D	-1.51%
TSM	B	-1.5%
POST	C	-1.5%
PLD	D	-1.48%
PLNT	B	-1.48%
K	B	-1.48%
CAR	D	-1.47%
HES	D	-1.44%
FOLD	F	-1.38%
HTZ	F	-1.37%
ACI	F	-1.33%
SNOW	F	-1.32%
MDGL	F	-1.28%
X	F	-1.25%
ESTC	F	-1.04%