RAYE vs. FLKR ETF Comparison

Comparison of The Advisors' Inner Circle Fund III Rayliant Quantamental Emerging Market Equity ETF (RAYE) to Franklin FTSE South Korea ETF (FLKR)

RAYE

The Advisors' Inner Circle Fund III Rayliant Quantamental Emerging Market Equity ETF

RAYE Description

The Advisors' Inner Circle Fund III - Rayliant Quantamental Emerging Market Equity ETF is an exchange traded fund launched by The Advisors Inner Circle Fund III. The fund is managed by Rayliant Investment Research. It invests in public equity markets of global emerging 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 fundamental and quantitative analysis to create its portfolio. The fund employs proprietary and external research to create its portfolio. The Advisors' Inner Circle Fund III - Rayliant Quantamental Emerging Market Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$25.23

Average Daily Volume

5,535

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLKR

Franklin FTSE South Korea ETF

FLKR Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE South Korea RIC Capped Index (the FTSE South Korea Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE South Korea Capped Index and in depositary receipts representing such securities. The FTSE South Korea Capped Index is based on the FTSE South Korea Index and is designed to measure the performance of South Korean large- and mid-capitalization stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.30

Average Daily Volume

55,439

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYE	FLKR
30 Days	-3.02%	-4.72%
60 Days	-4.60%	-8.77%
90 Days	-4.99%	-13.25%
12 Months	18.59%	-3.87%

3 Overlapping Holdings

Symbol	Grade	Weight in RAYE	Weight in FLKR	Overlap
KB	B	0.24%	3.15%	0.24%
KEP	B	0.48%	0.58%	0.48%
SHG	D	0.21%	2.79%	0.21%

RAYE Overweight 8 Positions Relative to FLKR

Symbol	Grade	Weight
IBN	C	1.15%
SBLK	F	0.9%
CAR	C	0.64%
HDB	C	0.54%
BRFS	D	0.43%
SKM	D	0.41%
KT	A	0.24%
MELI	D	0.2%

RAYE Underweight 1 Positions Relative to FLKR

	Symbol	Grade	Weight
	LPL	F	-0.31%