RAYD vs. IVOG ETF Comparison

Comparison of The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD) to Vanguard S&P Mid-Cap 400 Growth ETF (IVOG)

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

$30.38

Average Daily Volume

6,435

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

IVOG

Vanguard S&P Mid-Cap 400 Growth ETF

IVOG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Growth Index, which represents the growth companies of the S&P MidCap 400 Index. The index measures the performance of mid-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$112.23

Average Daily Volume

26,966

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

Performance

Period	RAYD	IVOG
30 Days	1.54%	1.40%
60 Days	3.26%	-0.32%
90 Days	2.67%	1.99%
12 Months	29.32%	22.60%

22 Overlapping Holdings

Symbol	Grade	Weight in RAYD	Weight in IVOG	Overlap
ANF	D	0.5%	0.51%	0.5%
BRBR	C	1.42%	0.24%	0.24%
COKE	C	0.39%	0.36%	0.36%
CR	C	0.41%	0.54%	0.41%
DBX	D	0.18%	0.39%	0.18%
DTM	B	0.85%	0.31%	0.31%
EME	A	1.5%	1.2%	1.2%
ERIE	B	0.22%	0.43%	0.22%
HLI	A	0.2%	0.53%	0.2%
HRB	C	0.3%	0.55%	0.3%
MANH	A	0.2%	1.07%	0.2%
MEDP	D	0.52%	0.61%	0.52%
MORN	C	0.64%	0.56%	0.56%
MTG	B	0.2%	0.17%	0.17%
MUSA	B	0.64%	0.65%	0.64%
NBIX	D	0.14%	0.97%	0.14%
SFM	B	0.88%	0.28%	0.28%
TPL	C	0.18%	0.72%	0.18%
UTHR	C	0.19%	0.42%	0.19%
WFRD	D	0.4%	0.59%	0.4%
WING	B	0.26%	0.75%	0.26%
WWD	D	0.18%	0.65%	0.18%

RAYD Overweight 89 Positions Relative to IVOG

Symbol	Grade	Weight
NVDA	D	6.08%
AAPL	D	5.21%
MSFT	C	5.07%
AMZN	C	3.3%
COST	B	2.5%
GOOGL	D	2.12%
LLY	C	1.87%
BKNG	B	1.85%
MA	A	1.8%
SPOT	C	1.44%
MELI	B	1.33%
META	B	1.24%
PGR	B	1.12%
MCK	F	1.1%
ALL	A	1.04%
NVS	B	0.85%
JNJ	B	0.84%
PANW	C	0.81%
MO	C	0.8%
T	A	0.78%
CL	C	0.65%
RGA	B	0.65%
MRK	D	0.63%
PG	A	0.59%
MMC	A	0.59%
IBM	A	0.57%
MMM	A	0.57%
ADP	A	0.52%
THC	B	0.51%
ABBV	B	0.5%
CMI	C	0.48%
V	A	0.47%
DECK	C	0.46%
VRTX	C	0.46%
PRU	C	0.44%
CRWD	D	0.44%
NU	B	0.41%
HCA	A	0.41%
GM	C	0.39%
CMG	C	0.38%
NFLX	B	0.37%
GOOG	D	0.36%
TEAM	D	0.35%
ORI	B	0.34%
VRSK	D	0.34%
APP	B	0.33%
GRMN	D	0.32%
MU	F	0.3%
VEEV	C	0.3%
HIG	B	0.29%
GS	D	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%
TW	A	0.25%
GDDY	D	0.25%
TSN	C	0.24%
UBER	C	0.22%
NTAP	D	0.22%
XRX	F	0.22%
DASH	C	0.22%
PM	B	0.21%
FANG	F	0.21%
FICO	A	0.21%
SMAR	B	0.21%
VZ	A	0.21%
LOGI	F	0.21%
LPLA	F	0.2%
DIS	D	0.2%
DFS	C	0.2%
HUBS	D	0.2%
STX	D	0.2%
NKE	D	0.2%
TRGP	B	0.2%
ALNY	C	0.19%
HPQ	D	0.19%
NTNX	C	0.19%
RPRX	C	0.18%
MNDY	B	0.18%
FTI	D	0.18%
DXCM	F	0.18%
AER	C	0.17%
LDOS	B	0.17%
LULU	D	0.16%
CYBR	C	0.16%
NRG	C	0.15%

RAYD Underweight 223 Positions Relative to IVOG

Symbol	Grade	Weight
CSL	C	-1.35%
WSM	C	-1.35%
LII	A	-1.27%
PSTG	D	-1.24%
RS	D	-1.19%
OC	C	-1.1%
WSO	C	-1.06%
BLD	D	-1.03%
TOL	B	-1.01%
RBA	B	-0.99%
CASY	C	-0.98%
GGG	C	-0.98%
NVT	D	-0.82%
WMS	D	-0.82%
CLH	B	-0.81%
FIX	B	-0.8%
OVV	F	-0.79%
ITT	C	-0.79%
TXRH	D	-0.79%
LECO	D	-0.79%
TTEK	B	-0.77%
SAIA	D	-0.75%
SRPT	F	-0.73%
DT	C	-0.72%
CHRD	F	-0.72%
FND	C	-0.71%
KNSL	C	-0.69%
BURL	B	-0.68%
LNW	B	-0.66%
OLED	C	-0.66%
ELF	F	-0.65%
CHDN	B	-0.65%
EXP	A	-0.64%
ONTO	D	-0.64%
TPX	C	-0.62%
TREX	F	-0.62%
BWXT	D	-0.62%
BMRN	F	-0.61%
NYT	C	-0.6%
SKX	C	-0.59%
PRI	B	-0.59%
RGEN	F	-0.59%
AIT	C	-0.57%
RBC	D	-0.57%
RPM	B	-0.57%
ELS	B	-0.56%
SSD	C	-0.55%
UFPI	C	-0.55%
CROX	C	-0.55%
PR	D	-0.54%
AXTA	C	-0.53%
FCN	C	-0.52%
AVTR	B	-0.52%
WEX	C	-0.52%
IBKR	B	-0.51%
RRC	D	-0.51%
LSCC	D	-0.5%
CW	B	-0.5%
LNTH	C	-0.49%
HALO	B	-0.48%
EQH	C	-0.48%
SWN	D	-0.48%
MTDR	F	-0.48%
AMH	B	-0.47%
MSA	D	-0.47%
CELH	F	-0.47%
RNR	B	-0.46%
GTLS	F	-0.46%
EXEL	A	-0.46%
EWBC	D	-0.45%
H	D	-0.45%
DKS	D	-0.45%
CIVI	F	-0.44%
PLNT	B	-0.44%
PEN	D	-0.44%
PCTY	D	-0.44%
XPO	D	-0.43%
RYAN	C	-0.43%
DUOL	C	-0.43%
EVR	B	-0.42%
OLLI	C	-0.41%
VVV	D	-0.41%
ACHC	C	-0.41%
AAON	A	-0.41%
VNT	D	-0.41%
LAMR	A	-0.41%
GLPI	B	-0.4%
CUBE	A	-0.4%
SCI	A	-0.4%
ACM	B	-0.39%
WTS	C	-0.39%
ATR	A	-0.39%
ESAB	C	-0.39%
RMBS	F	-0.38%
EGP	B	-0.38%
QLYS	F	-0.37%
DCI	D	-0.35%
CG	D	-0.35%
CHE	C	-0.35%
CNM	F	-0.35%
CCK	A	-0.34%
ALTR	D	-0.34%
TTC	D	-0.33%
BCO	B	-0.33%
VAL	F	-0.33%
WTRG	D	-0.33%
APPF	D	-0.32%
RGLD	B	-0.32%
WLK	D	-0.32%
MTN	D	-0.31%
LOPE	D	-0.31%
GNTX	F	-0.31%
LSTR	D	-0.31%
LFUS	D	-0.31%
CHX	D	-0.3%
ALV	F	-0.3%
EHC	B	-0.29%
GXO	D	-0.29%
REXR	C	-0.29%
CNX	B	-0.28%
LPX	B	-0.28%
BYD	C	-0.28%
KBR	D	-0.28%
MMS	D	-0.28%
AYI	B	-0.27%
RLI	B	-0.27%
CVLT	B	-0.27%
BRKR	D	-0.27%
CRUS	D	-0.27%
FIVE	D	-0.27%
WH	B	-0.27%
NOVT	D	-0.26%
CACI	B	-0.26%
SLAB	D	-0.26%
NEU	C	-0.26%
MKSI	F	-0.26%
COTY	D	-0.25%
MIDD	D	-0.25%
OHI	B	-0.25%
CBT	B	-0.25%
STAG	B	-0.25%
CGNX	D	-0.25%
FR	B	-0.24%
HQY	C	-0.24%
MTSI	D	-0.24%
ARWR	F	-0.24%
BC	D	-0.23%
BRX	B	-0.23%
SEIC	C	-0.23%
PK	F	-0.22%
KNF	B	-0.22%
EXLS	B	-0.22%
WMG	D	-0.22%
SIGI	C	-0.21%
PNFP	B	-0.21%
CYTK	D	-0.21%
NNN	B	-0.21%
CIEN	C	-0.21%
CBSH	B	-0.21%
TDC	F	-0.21%
CFR	C	-0.21%
KBH	B	-0.21%
JAZZ	D	-0.2%
MAT	C	-0.2%
VOYA	A	-0.2%
INGR	B	-0.2%
MASI	D	-0.2%
FLS	D	-0.2%
KEX	C	-0.2%
EXPO	B	-0.19%
HAE	D	-0.19%
TKO	B	-0.19%
OPCH	C	-0.19%
AM	B	-0.19%
MUR	F	-0.18%
DLB	D	-0.18%
HXL	F	-0.18%
HWC	D	-0.17%
OZK	D	-0.17%
TNL	F	-0.16%
PGNY	F	-0.16%
TEX	D	-0.16%
EEFT	F	-0.16%
AZTA	D	-0.15%
MSM	D	-0.15%
TKR	D	-0.15%
SAIC	B	-0.15%
OLN	D	-0.15%
YETI	D	-0.15%
BLKB	B	-0.14%
SLM	D	-0.14%
RH	C	-0.14%
POWI	F	-0.14%
EPR	B	-0.14%
CPRI	D	-0.13%
LANC	D	-0.13%
ENS	D	-0.13%
IDA	B	-0.13%
FFIN	C	-0.13%
DOCS	B	-0.12%
SHC	B	-0.12%
IRDM	D	-0.12%
HGV	D	-0.12%
CAR	F	-0.12%
GATX	C	-0.12%
NSP	F	-0.12%
IBOC	C	-0.11%
RYN	C	-0.11%
SYNA	F	-0.1%
VC	F	-0.1%
NSA	A	-0.1%
CHH	C	-0.1%
WEN	C	-0.1%
SMG	C	-0.09%
COLM	B	-0.09%
AMED	D	-0.09%
WOLF	F	-0.08%
SAM	F	-0.08%
LIVN	D	-0.07%
IPGP	F	-0.07%
ZI	D	-0.07%
MP	D	-0.05%
ALGM	D	-0.05%