RAYJ vs. GSIB ETF Comparison

Comparison of Rayliant SMDAM Japan Equity ETF (RAYJ) to Themes Global Systemically Important Banks ETF (GSIB)

RAYJ

Rayliant SMDAM Japan Equity ETF

RAYJ Description

RAYJ focuses on achieving long-term capital growth through investments in Japanese companies, primarily common and preferred stocks. The fund prioritizes firms with sustainable earnings growth, strong market positions, and a track record of innovation. Investment decisions are informed by fundamental research, considering factors such as historical and projected cash flow stability, quality of management teams, and governance standards. Additionally, RAYJ employs derivatives like futures contracts for risk management purposes, including hedging and optimizing cash positions. Sector allocations are adjusted dynamically based on market trends and opportunities. RAYJ seeks to strategically position itself within Japan's equity market to capitalize on sustained growth potential.

Grade (RS Rating)

Last Trade

$26.93

Average Daily Volume

3,112

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GSIB

Themes Global Systemically Important Banks ETF

GSIB Description

The fund is an actively managed exchange-traded fund ("ETF") that will invest in the equity securities of companies that operate in the global banking sector. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that are part of the global banking sector and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") that represent such companies in the banking sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.45

Average Daily Volume

2,423

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYJ	GSIB
30 Days	-1.10%	2.28%
60 Days	-2.98%	7.68%
90 Days	2.14%	10.20%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in RAYJ	Weight in GSIB	Overlap
	MUFG	A	5.94%	3.7%	3.7%

RAYJ Overweight 1 Positions Relative to GSIB

	Symbol	Grade	Weight
	TM	D	3.3%

RAYJ Underweight 15 Positions Relative to GSIB

Symbol	Grade	Weight
WFC	A	-4.31%
MS	A	-4.29%
BK	B	-4.13%
STT	B	-4.08%
GS	B	-3.99%
BAC	A	-3.74%
C	B	-3.73%
JPM	A	-3.72%
MFG	A	-3.69%
BCS	B	-3.61%
SMFG	A	-3.59%
HSBC	A	-3.29%
SAN	C	-3.0%
TD	D	-2.89%
ING	D	-2.77%

RAYJ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global