RAYD vs. QRMI ETF Comparison

Comparison of The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD) to Global X NASDAQ 100 Risk Managed Income ETF (QRMI)

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

QRMI

Global X NASDAQ 100 Risk Managed Income ETF

QRMI Description

Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$17.04

Average Daily Volume

9,204

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	RAYD	QRMI
30 Days	4.53%	3.00%
60 Days	11.75%	5.17%
90 Days	3.14%	0.82%
12 Months	35.91%	10.46%

24 Overlapping Holdings

Symbol	Grade	Weight in RAYD	Weight in QRMI	Overlap
AAPL	C	5.36%	8.95%	5.36%
ADP	A	0.51%	0.75%	0.51%
AMZN	C	3.22%	5.25%	3.22%
BKNG	B	2.22%	0.94%	0.94%
COST	C	2.4%	2.7%	2.4%
CRWD	D	0.46%	0.45%	0.45%
DASH	A	0.23%	0.37%	0.23%
DXCM	F	0.18%	0.18%	0.18%
FANG	D	0.2%	0.21%	0.2%
FTNT	A	0.19%	0.4%	0.19%
GOOG	B	0.37%	2.37%	0.37%
GOOGL	B	2.67%	2.46%	2.46%
INTC	D	0.33%	0.68%	0.33%
LULU	D	0.16%	0.2%	0.16%
MELI	D	1.26%	0.73%	0.73%
META	A	1.51%	5.13%	1.51%
MSFT	D	4.92%	8.35%	4.92%
MU	D	0.76%	0.71%	0.71%
NFLX	A	0.57%	2.08%	0.57%
NVDA	B	5.74%	7.88%	5.74%
PANW	B	0.4%	0.74%	0.4%
TEAM	D	0.33%	0.17%	0.17%
TMUS	A	0.29%	1.59%	0.29%
VRSK	D	0.52%	0.25%	0.25%

RAYD Overweight 84 Positions Relative to QRMI

Symbol	Grade	Weight
LLY	D	1.75%
EME	B	1.57%
SPOT	C	1.54%
BRBR	A	1.42%
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%
DTM	A	0.87%
NVS	D	0.84%
CL	D	0.81%
MMM	C	0.8%
COKE	C	0.77%
MORN	B	0.65%
EVR	C	0.64%
MRK	F	0.61%
PG	D	0.59%
IBM	A	0.58%
PM	D	0.52%
THC	D	0.51%
CVLT	B	0.5%
ABBV	C	0.49%
ANF	D	0.48%
EXEL	B	0.48%
MEDP	F	0.47%
MSI	A	0.45%
DECK	B	0.45%
V	B	0.44%
PRU	B	0.44%
JNJ	D	0.43%
DFS	A	0.42%
FICO	C	0.4%
ALNY	C	0.39%
CMG	C	0.37%
WFRD	F	0.36%
APP	A	0.35%
ORI	A	0.34%
RGA	B	0.33%
HRB	C	0.3%
GRMN	D	0.3%
CHKP	A	0.29%
HIG	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%
GDDY	B	0.25%
UBER	C	0.24%
XRX	D	0.23%
ERIE	A	0.23%
TSN	D	0.23%
NTAP	D	0.23%
STX	C	0.22%
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%
HLI	A	0.2%
RGLD	C	0.2%
MNDY	B	0.19%
UNH	B	0.19%
UTHR	C	0.19%
FTI	B	0.19%
LMT	A	0.19%
WWD	C	0.18%
DBX	C	0.18%
RPRX	D	0.18%
CYBR	C	0.17%
AER	C	0.17%
NRG	A	0.17%
LDOS	A	0.17%

RAYD Underweight 77 Positions Relative to QRMI

Symbol	Grade	Weight
AVGO	B	-5.46%
TSLA	C	-3.23%
AMD	C	-1.76%
PEP	F	-1.56%
ADBE	F	-1.54%
LIN	C	-1.53%
CSCO	A	-1.42%
QCOM	D	-1.26%
TXN	C	-1.25%
INTU	F	-1.19%
ISRG	C	-1.15%
AMGN	D	-1.13%
AMAT	C	-1.09%
CMCSA	B	-1.05%
HON	C	-0.9%
VRTX	D	-0.8%
REGN	D	-0.75%
ADI	B	-0.75%
SBUX	B	-0.73%
KLAC	B	-0.7%
LRCX	D	-0.7%
GILD	A	-0.69%
MDLZ	D	-0.66%
CTAS	C	-0.57%
CEG	A	-0.55%
PYPL	A	-0.53%
SNPS	F	-0.53%
ASML	F	-0.52%
PDD	B	-0.52%
CDNS	D	-0.5%
MAR	A	-0.46%
ORLY	A	-0.44%
CSX	D	-0.43%
MRVL	C	-0.42%
ROP	D	-0.4%
NXPI	F	-0.4%
ADSK	B	-0.39%
ABNB	D	-0.39%
AEP	C	-0.36%
WDAY	D	-0.35%
PCAR	D	-0.35%
MNST	D	-0.34%
CPRT	B	-0.34%
KDP	C	-0.34%
ROST	D	-0.34%
TTD	A	-0.33%
PAYX	B	-0.32%
CHTR	D	-0.3%
AZN	D	-0.3%
GEHC	C	-0.29%
IDXX	D	-0.28%
MCHP	F	-0.28%
KHC	F	-0.28%
ODFL	F	-0.28%
EXC	C	-0.27%
FAST	C	-0.27%
EA	D	-0.26%
CCEP	C	-0.25%
CTSH	B	-0.25%
XEL	C	-0.24%
DDOG	B	-0.24%
BKR	B	-0.24%
CDW	D	-0.2%
ON	F	-0.2%
CSGP	F	-0.2%
BIIB	F	-0.19%
TTWO	D	-0.18%
SMCI	F	-0.18%
ANSS	D	-0.18%
ZS	F	-0.17%
MRNA	F	-0.16%
MDB	D	-0.14%
GFS	F	-0.14%
WBD	F	-0.13%
ILMN	B	-0.13%
ARM	C	-0.12%
DLTR	F	-0.1%