RAYJ vs. GSJY ETF Comparison

Comparison of Rayliant SMDAM Japan Equity ETF (RAYJ) to Goldman Sachs ActiveBeta Japan Equity ETF (GSJY)

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

$26.88

Average Daily Volume

3,027

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

GSJY

Goldman Sachs ActiveBeta Japan Equity ETF

GSJY Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Japan Equity Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of Japanese issuers.

Grade (RS Rating)

Last Trade

$37.64

Average Daily Volume

14,418

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	RAYJ	GSJY
30 Days	-0.15%	-1.76%
60 Days	-3.52%	-5.01%
90 Days	2.39%	-3.48%
12 Months		11.53%

2 Overlapping Holdings

	Symbol	Grade	Weight in RAYJ	Weight in GSJY	Overlap
	MUFG	B	5.94%	3.29%	3.29%
	TM	F	3.3%	3.98%	3.3%

RAYJ Overweight 0 Positions Relative to GSJY

	Symbol	Grade	Weight

RAYJ Underweight 6 Positions Relative to GSJY

	Symbol	Grade	Weight
	SONY	B	-2.3%
	SMFG	B	-2.22%
	MFG	A	-1.78%
	HMC	F	-0.81%
	NMR	B	-0.54%
	AGCO	F	-0.12%

RAYJ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global

Keywords: Advisory Services Asset And Liability Management Asset Management Auto Parts Automotive Industry Bank Bank Deposits Care Insurance Products Cars Commercial Paper Consumer Finance Corporate Banking E Commerce Marketplace Financial Products Foreign Exchange Services Fund Management Insurance Products Internet Banking Services Investment Bank Investment Banking

GSJY: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Banks - Regional - Asia Capital Markets Consumer Electronics Farm & Construction Equipment

Keywords: Advisory Services Bank Financial Products Investment Banking Investment Banking Services Structured Finance Asset And Liability Management Asset Management Automotive Industry Banking Cars Consumer Finance Corporate Banking Financial Advisory Services Investment Bank Investment Product Liability Management Mitsui Mower Passenger Car