RAYD vs. JPME ETF Comparison

Comparison of The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD) to JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME)

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

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

JPME Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell Midcap Diversified Factor Index. The fund will invest at least 80% of its net assets in securities included in the underlying index. It may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$104.80

Average Daily Volume

14,319

Number of Holdings ^*

335

* may have additional holdings in another (foreign) market

Performance

Period	RAYD	JPME
30 Days	4.53%	3.45%
60 Days	11.75%	9.84%
90 Days	3.14%	11.53%
12 Months	35.91%	30.82%

29 Overlapping Holdings

Symbol	Grade	Weight in RAYD	Weight in JPME	Overlap
APP	A	0.35%	0.58%	0.35%
BRBR	A	1.42%	0.31%	0.31%
COKE	C	0.77%	0.37%	0.37%
DECK	B	0.45%	0.35%	0.35%
DFS	A	0.42%	0.11%	0.11%
DTM	A	0.87%	0.39%	0.39%
EME	B	1.57%	0.33%	0.33%
EXEL	B	0.48%	0.32%	0.32%
FANG	D	0.2%	0.36%	0.2%
GRMN	D	0.3%	0.37%	0.3%
HIG	A	0.29%	0.39%	0.29%
HPQ	B	0.21%	0.3%	0.21%
HRB	C	0.3%	0.36%	0.3%
LDOS	A	0.17%	0.4%	0.17%
MANH	A	0.21%	0.38%	0.21%
MEDP	F	0.47%	0.28%	0.28%
MTG	A	0.21%	0.39%	0.21%
NRG	A	0.17%	0.45%	0.17%
NTAP	D	0.23%	0.36%	0.23%
ORI	A	0.34%	0.39%	0.34%
RGA	B	0.33%	0.39%	0.33%
RGLD	C	0.2%	0.3%	0.2%
RPRX	D	0.18%	0.23%	0.18%
THC	D	0.51%	0.41%	0.41%
TRGP	A	0.2%	0.38%	0.2%
TSN	D	0.23%	0.34%	0.23%
UHS	D	0.2%	0.38%	0.2%
UTHR	C	0.19%	0.4%	0.19%
VEEV	C	0.28%	0.26%	0.26%

RAYD Overweight 79 Positions Relative to JPME

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	B	2.22%
LLY	D	1.75%
SPOT	C	1.54%
META	A	1.51%
MELI	D	1.26%
T	B	1.16%
PGR	B	1.11%
ALL	A	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%
NVS	D	0.84%
CL	D	0.81%
MMM	C	0.8%
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%
CRWD	D	0.46%
MSI	A	0.45%
V	B	0.44%
PRU	B	0.44%
JNJ	D	0.43%
PANW	B	0.4%
FICO	C	0.4%
ALNY	C	0.39%
CMG	C	0.37%
GOOG	B	0.37%
WFRD	F	0.36%
TEAM	D	0.33%
INTC	D	0.33%
CHKP	A	0.29%
TMUS	A	0.29%
GS	B	0.28%
VRSN	C	0.27%
WING	C	0.27%
GRAB	C	0.27%
TW	A	0.26%
GDDY	B	0.25%
UBER	C	0.24%
XRX	D	0.23%
ERIE	A	0.23%
DASH	A	0.23%
STX	C	0.22%
DOCU	A	0.22%
LOGI	D	0.22%
VZ	C	0.21%
DIS	D	0.21%
LPLA	D	0.21%
HLI	A	0.2%
MNDY	B	0.19%
UNH	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%
CYBR	C	0.17%
AER	C	0.17%
LULU	D	0.16%

RAYD Underweight 306 Positions Relative to JPME

Symbol	Grade	Weight
VST	A	-0.61%
CIEN	A	-0.46%
MPWR	B	-0.44%
EMN	C	-0.44%
ALSN	A	-0.43%
TOL	C	-0.43%
HUBB	A	-0.43%
PHM	C	-0.42%
PEG	A	-0.42%
CSL	A	-0.42%
PWR	A	-0.42%
CMI	A	-0.42%
DVA	C	-0.41%
IRM	B	-0.41%
AMP	A	-0.41%
CACI	A	-0.41%
CF	A	-0.41%
ETR	A	-0.41%
KR	C	-0.41%
UNM	A	-0.41%
CBRE	C	-0.41%
LAMR	C	-0.41%
JEF	A	-0.41%
UGI	C	-0.4%
TKR	B	-0.4%
IP	C	-0.4%
LEN	C	-0.4%
SYF	A	-0.4%
EHC	C	-0.4%
AM	A	-0.4%
USFD	C	-0.4%
ATO	A	-0.4%
DGX	D	-0.39%
STLD	C	-0.39%
JNPR	C	-0.39%
OMF	D	-0.39%
INGR	B	-0.39%
WEC	B	-0.39%
OHI	C	-0.39%
AFL	A	-0.39%
TAP	D	-0.39%
SPG	A	-0.39%
WMB	A	-0.39%
DHI	C	-0.39%
PPL	C	-0.39%
XEL	C	-0.39%
CUBE	C	-0.39%
OGE	C	-0.39%
CLH	B	-0.39%
JLL	C	-0.39%
KMI	A	-0.39%
NVR	C	-0.39%
DTE	B	-0.39%
LNT	B	-0.39%
NI	A	-0.39%
CMS	A	-0.39%
EVRG	C	-0.39%
ROKU	C	-0.38%
WLK	C	-0.38%
GIS	C	-0.38%
MRO	B	-0.38%
DINO	F	-0.38%
CAG	D	-0.38%
BG	F	-0.38%
OKE	A	-0.38%
LNG	A	-0.38%
FE	C	-0.38%
TXRH	A	-0.38%
CASY	D	-0.38%
POST	C	-0.38%
ESI	C	-0.38%
EIX	C	-0.38%
FYBR	C	-0.38%
PNW	C	-0.38%
DKS	D	-0.38%
GWW	B	-0.38%
ED	C	-0.38%
BRX	C	-0.38%
AVB	C	-0.38%
PKG	B	-0.38%
K	B	-0.38%
CNM	F	-0.38%
CBOE	B	-0.37%
NFG	A	-0.37%
FAST	C	-0.37%
EPR	C	-0.37%
PCG	C	-0.37%
WSM	C	-0.37%
CE	D	-0.37%
TYL	D	-0.37%
BLDR	C	-0.37%
PPC	C	-0.37%
FCNCA	D	-0.37%
OC	C	-0.37%
RMD	C	-0.37%
SPB	C	-0.37%
PFGC	A	-0.37%
RPM	A	-0.37%
LYB	B	-0.37%
GLPI	C	-0.37%
AN	D	-0.36%
TPR	B	-0.36%
SSNC	C	-0.36%
VICI	C	-0.36%
AJG	C	-0.36%
REG	C	-0.36%
AOS	C	-0.36%
SNA	C	-0.36%
PR	D	-0.36%
NXST	D	-0.36%
CPB	D	-0.36%
CAH	B	-0.36%
IT	A	-0.36%
WY	C	-0.35%
GGG	C	-0.35%
STE	D	-0.35%
AME	C	-0.35%
CLX	C	-0.35%
VVV	D	-0.35%
VTRS	D	-0.35%
CHE	D	-0.35%
PAG	D	-0.35%
TER	C	-0.35%
RS	D	-0.35%
TSCO	A	-0.35%
ROST	D	-0.34%
CDW	D	-0.34%
MAS	C	-0.34%
OLN	D	-0.34%
EG	A	-0.34%
MSM	D	-0.34%
HST	D	-0.34%
PK	D	-0.34%
KIM	C	-0.34%
IFF	D	-0.34%
ADM	F	-0.34%
HOLX	D	-0.34%
HBAN	B	-0.34%
KVUE	C	-0.33%
IQV	F	-0.33%
X	F	-0.33%
ANSS	D	-0.33%
HPE	B	-0.33%
CHD	D	-0.33%
CRUS	D	-0.33%
CHTR	D	-0.33%
A	B	-0.33%
MOH	F	-0.33%
BBY	C	-0.33%
AVY	D	-0.33%
CROX	C	-0.32%
CNC	F	-0.32%
MKC	C	-0.32%
CLF	D	-0.32%
SJM	D	-0.32%
NUE	D	-0.32%
HSIC	D	-0.32%
ESS	D	-0.31%
LITE	A	-0.31%
LSTR	F	-0.31%
JBL	C	-0.31%
GNTX	D	-0.31%
STAG	D	-0.31%
CTVA	A	-0.31%
SAIC	A	-0.31%
HIW	C	-0.31%
CTRA	D	-0.31%
BPOP	D	-0.31%
NEU	F	-0.31%
DOX	B	-0.31%
ACI	F	-0.3%
EXC	C	-0.3%
MOS	F	-0.3%
RBC	C	-0.3%
SWKS	F	-0.29%
CHK	C	-0.29%
SYY	D	-0.29%
SMG	C	-0.29%
TPL	A	-0.29%
HUN	B	-0.29%
AR	C	-0.29%
KRC	C	-0.29%
SNX	C	-0.29%
EQR	C	-0.29%
ASH	F	-0.29%
HRL	F	-0.28%
ACHC	F	-0.28%
OMC	C	-0.28%
LECO	D	-0.28%
FLO	D	-0.28%
LPX	C	-0.27%
BRKR	D	-0.27%
CWEN	C	-0.27%
DVN	F	-0.27%
ON	F	-0.27%
RRC	D	-0.27%
QGEN	F	-0.27%
AMH	D	-0.27%
NNN	C	-0.26%
FR	D	-0.26%
MTB	A	-0.26%
MCHP	F	-0.26%
EGP	D	-0.26%
DRI	C	-0.26%
SRCL	B	-0.26%
WST	D	-0.26%
L	C	-0.25%
STWD	C	-0.25%
BYD	B	-0.25%
HAL	D	-0.25%
PAYX	B	-0.25%
SAM	D	-0.25%
FRPT	A	-0.25%
MAA	D	-0.25%
WPC	C	-0.25%
FMC	C	-0.25%
IRDM	C	-0.25%
NBIX	F	-0.24%
EXPD	D	-0.24%
JAZZ	F	-0.24%
MGM	D	-0.24%
R	C	-0.24%
HSY	D	-0.23%
INCY	B	-0.23%
OVV	D	-0.23%
IDA	D	-0.22%
REXR	D	-0.22%
DLB	D	-0.22%
CPT	C	-0.21%
AGO	B	-0.21%
EXP	C	-0.2%
QRVO	F	-0.2%
PRI	A	-0.2%
REYN	D	-0.2%
FRT	D	-0.19%
KEYS	B	-0.18%
NVT	C	-0.18%
FNF	C	-0.18%
AFG	A	-0.18%
ITT	C	-0.17%
GLW	C	-0.17%
FITB	C	-0.17%
RYN	C	-0.16%
BRO	A	-0.16%
UI	B	-0.16%
ELAN	D	-0.16%
SLM	B	-0.16%
CUZ	C	-0.15%
BWA	C	-0.15%
RF	B	-0.15%
APA	F	-0.15%
SON	D	-0.15%
BAH	C	-0.15%
BKR	B	-0.15%
XRAY	D	-0.14%
THO	C	-0.14%
TXT	F	-0.14%
SCI	D	-0.14%
AXS	A	-0.14%
AKAM	D	-0.14%
M	D	-0.14%
AVT	B	-0.14%
WEN	B	-0.13%
POOL	D	-0.13%
ACGL	A	-0.12%
WTM	C	-0.12%
PINC	F	-0.12%
TFX	C	-0.11%
ALLY	F	-0.11%
SLGN	B	-0.1%
CXT	F	-0.1%
NSA	D	-0.1%
CFG	C	-0.09%
CNXC	F	-0.08%
GEHC	C	-0.08%
LBRDK	C	-0.08%
KEY	B	-0.08%
AYI	A	-0.07%
ZION	D	-0.07%
PB	D	-0.06%
TNL	B	-0.06%
GO	F	-0.06%
FNB	D	-0.06%
NDSN	C	-0.06%
CMA	C	-0.06%
TECH	D	-0.06%
RHI	D	-0.06%
CRI	D	-0.05%
PFG	A	-0.05%
CR	A	-0.05%
BIIB	F	-0.05%
HXL	F	-0.05%
WU	D	-0.04%
VIRT	B	-0.04%
IEX	D	-0.04%
NVST	D	-0.04%
PAYC	D	-0.03%
IPG	D	-0.03%
FTRE	F	-0.03%
AEE	A	-0.02%
ADTN	C	-0.02%
HOG	D	-0.02%
KSS	D	-0.01%
ATR	A	-0.01%
CC	D	-0.0%
CNA	D	-0.0%