TSPA vs. RAYD ETF Comparison

Comparison of T. Rowe Price U.S. Equity Research ETF (TSPA) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

TSPA

T. Rowe Price U.S. Equity Research ETF

TSPA Description

Blue Safari Group Acquisition Corp. intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on pursuing opportunities in fintech, infotech, insurtech, and business services. The company was incorporated in 2021 and is based in Central, Hong Kong.

Grade (RS Rating)

Last Trade

$35.85

Average Daily Volume

139,260

Number of Holdings ^*

329

* may have additional holdings in another (foreign) market

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

$30.79

Average Daily Volume

6,342

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	TSPA	RAYD
30 Days	2.18%	2.09%
60 Days	3.85%	5.07%
90 Days	4.28%	4.83%
12 Months	33.32%	31.61%

50 Overlapping Holdings

Symbol	Grade	Weight in TSPA	Weight in RAYD	Overlap
AAPL	C	6.77%	5.21%	5.21%
ABBV	C	0.57%	0.5%	0.5%
ALL	B	0.21%	1.04%	0.21%
AMZN	C	3.94%	3.3%	3.3%
BKNG	C	0.32%	1.85%	0.32%
CL	D	0.33%	0.65%	0.33%
CMG	C	0.39%	0.38%	0.38%
CMI	C	0.27%	0.48%	0.27%
COST	B	0.83%	2.5%	0.83%
CRWD	D	0.12%	0.44%	0.12%
DFS	B	0.09%	0.2%	0.09%
DIS	D	0.22%	0.2%	0.2%
DXCM	F	0.19%	0.18%	0.18%
FANG	D	0.12%	0.21%	0.12%
FICO	B	0.12%	0.21%	0.12%
GM	C	0.05%	0.39%	0.05%
GOOG	D	2.52%	0.36%	0.36%
GOOGL	D	1.78%	2.12%	1.78%
GS	C	0.28%	0.28%	0.28%
HCA	B	0.01%	0.41%	0.01%
HIG	B	0.29%	0.29%	0.29%
IBM	B	0.19%	0.57%	0.19%
JNJ	C	0.6%	0.84%	0.6%
LLY	C	1.97%	1.87%	1.87%
LPLA	D	0.02%	0.2%	0.02%
MA	B	0.85%	1.8%	0.85%
MCK	F	0.23%	1.1%	0.23%
META	B	2.48%	1.24%	1.24%
MMC	C	0.25%	0.59%	0.25%
MMM	B	0.02%	0.57%	0.02%
MO	C	0.05%	0.8%	0.05%
MRK	D	0.62%	0.63%	0.62%
MSFT	C	7.31%	5.07%	5.07%
MU	F	0.39%	0.3%	0.3%
NFLX	B	0.88%	0.37%	0.37%
NKE	D	0.09%	0.2%	0.09%
NVDA	D	7.07%	6.08%	6.08%
PANW	D	0.11%	0.81%	0.11%
PG	C	0.85%	0.59%	0.59%
PM	C	0.47%	0.21%	0.21%
THC	A	0.15%	0.51%	0.15%
TRGP	B	0.1%	0.2%	0.1%
TSN	C	0.03%	0.24%	0.03%
TW	B	0.08%	0.25%	0.08%
UBER	C	0.4%	0.22%	0.22%
V	C	1.07%	0.47%	0.47%
VRSK	D	0.11%	0.34%	0.11%
VRTX	D	0.34%	0.46%	0.34%
VZ	B	0.11%	0.21%	0.11%
WING	B	0.09%	0.26%	0.09%

TSPA Overweight 279 Positions Relative to RAYD

Symbol	Grade	Weight
AVGO	C	1.5%
TSLA	C	1.2%
XOM	C	1.19%
BRK.A	C	1.18%
JPM	D	1.18%
UNH	C	1.1%
HD	B	0.81%
TMUS	C	0.8%
CRM	D	0.79%
QCOM	D	0.69%
LIN	B	0.68%
WMT	C	0.67%
ADBE	F	0.63%
KO	C	0.63%
TMO	B	0.62%
LRCX	F	0.62%
BAC	D	0.58%
ACN	C	0.57%
CVX	D	0.52%
GE	B	0.52%
PEP	C	0.5%
MCD	B	0.5%
NEE	C	0.49%
COP	D	0.49%
KLAC	D	0.48%
WFC	D	0.47%
DHR	B	0.46%
C	C	0.46%
AMGN	B	0.45%
CB	B	0.45%
ISRG	B	0.44%
CMCSA	D	0.43%
AXP	B	0.4%
ELV	C	0.4%
SCHW	D	0.4%
SNPS	D	0.39%
SYK	C	0.38%
ORCL	C	0.37%
CI	C	0.37%
HON	D	0.37%
INTU	C	0.36%
APH	D	0.32%
SPGI	B	0.31%
BA	F	0.31%
ODFL	D	0.31%
AIG	D	0.3%
PCG	C	0.3%
FTNT	C	0.29%
MPC	F	0.29%
GEV	B	0.28%
CSX	D	0.28%
MS	D	0.28%
EQIX	C	0.27%
ROP	C	0.27%
SWK	B	0.26%
REGN	C	0.26%
PLD	C	0.26%
CSCO	C	0.26%
BDX	D	0.26%
AMD	D	0.26%
LOW	B	0.25%
MET	B	0.24%
KDP	B	0.23%
ICE	C	0.23%
AMT	C	0.23%
BSX	B	0.22%
EOG	D	0.22%
SLB	F	0.22%
SO	B	0.22%
EW	F	0.22%
LHX	C	0.21%
CEG	C	0.21%
ZBH	F	0.21%
DE	B	0.21%
FCX	D	0.2%
AZN	D	0.2%
TDG	B	0.2%
HLT	B	0.2%
ADSK	C	0.2%
MDLZ	B	0.19%
TEL	D	0.19%
CDNS	D	0.19%
TJX	B	0.19%
ABNB	D	0.18%
CARR	B	0.18%
NVO	C	0.18%
ENTG	F	0.18%
ROST	C	0.18%
KKR	B	0.18%
WELL	C	0.18%
NVR	B	0.18%
FDX	C	0.18%
ABT	C	0.18%
AEE	C	0.17%
CAT	B	0.17%
RCL	B	0.17%
TGT	C	0.17%
MAR	C	0.17%
D	C	0.17%
SHW	B	0.17%
ROK	D	0.17%
CRBG	D	0.17%
DG	F	0.16%
KVUE	C	0.16%
FITB	B	0.16%
NSC	C	0.16%
CPAY	B	0.16%
VOYA	B	0.16%
TXN	C	0.16%
CPRT	D	0.15%
GPN	D	0.15%
WCN	D	0.15%
ORLY	C	0.15%
STZ	D	0.15%
PSA	B	0.15%
ESS	B	0.15%
KEYS	C	0.14%
ZTS	C	0.14%
AMAT	D	0.14%
HBAN	B	0.14%
TDY	B	0.14%
STLD	F	0.14%
MCO	B	0.14%
CNP	C	0.14%
BLK	B	0.14%
RTX	C	0.14%
BK	B	0.14%
VMC	D	0.14%
RNR	C	0.14%
ARES	B	0.13%
HOLX	B	0.13%
BIIB	F	0.13%
VTRS	D	0.13%
LVS	D	0.13%
XEL	B	0.13%
AZO	D	0.13%
IR	C	0.13%
NOC	B	0.13%
ANET	B	0.13%
REXR	C	0.13%
ADI	C	0.13%
CBOE	C	0.12%
DPZ	F	0.12%
ZBRA	B	0.12%
HWM	B	0.12%
HUM	F	0.11%
HUBB	B	0.11%
HAL	F	0.11%
WDC	D	0.11%
FE	C	0.11%
AVB	B	0.11%
TT	B	0.11%
MPWR	C	0.11%
CTAS	B	0.11%
TRV	C	0.1%
PKG	B	0.1%
KMI	B	0.1%
BMY	C	0.1%
MDT	C	0.1%
BR	D	0.1%
MCHP	F	0.1%
CNI	D	0.1%
TER	D	0.1%
NI	B	0.1%
DOV	B	0.1%
WYNN	D	0.1%
BALL	C	0.1%
EQH	C	0.09%
BX	B	0.09%
CF	C	0.09%
ICLR	D	0.09%
SAIA	D	0.09%
JBHT	D	0.09%
WFG	B	0.09%
BURL	B	0.09%
VLO	F	0.09%
MTD	D	0.09%
MOH	D	0.09%
PFE	C	0.09%
MNST	D	0.08%
SPG	B	0.08%
PSTG	F	0.08%
SBUX	C	0.08%
GILD	B	0.08%
JCI	B	0.08%
RGEN	F	0.08%
YUM	D	0.08%
PNC	B	0.08%
IEX	D	0.08%
MOS	F	0.07%
EFX	B	0.07%
NOW	B	0.07%
MSCI	C	0.07%
EMR	D	0.07%
ELAN	D	0.07%
WM	D	0.07%
SUI	B	0.07%
APO	C	0.07%
ATO	B	0.07%
HES	F	0.07%
PSX	F	0.07%
CAH	C	0.06%
ALLY	F	0.06%
EQT	D	0.06%
GD	B	0.06%
EWBC	D	0.05%
ESAB	C	0.05%
TFC	C	0.05%
LUV	C	0.05%
CBRE	A	0.05%
WDAY	D	0.05%
DT	C	0.05%
REG	C	0.04%
WAL	B	0.04%
TECH	C	0.04%
VST	C	0.04%
COF	B	0.04%
RIVN	F	0.04%
UAL	C	0.04%
CHK	D	0.04%
SYY	D	0.04%
KIM	C	0.04%
RSG	D	0.04%
AMH	C	0.04%
KHC	C	0.04%
NCLH	C	0.04%
SYF	C	0.04%
CSGP	D	0.04%
KMB	D	0.04%
CME	C	0.03%
ELF	F	0.03%
BAX	C	0.03%
CUBE	B	0.03%
EXC	C	0.03%
WMB	B	0.03%
SITE	C	0.03%
CMS	C	0.03%
VRT	C	0.03%
APTV	D	0.03%
LSCC	D	0.03%
TRU	B	0.03%
SHOP	C	0.02%
WRK	C	0.02%
WY	C	0.02%
IDXX	C	0.02%
AVY	C	0.02%
NDSN	C	0.02%
DVN	F	0.02%
PPL	C	0.02%
OTIS	C	0.02%
RPM	B	0.02%
CVS	D	0.02%
CNC	D	0.02%
WSC	D	0.02%
A	C	0.02%
BBWI	F	0.02%
LMT	C	0.02%
F	F	0.01%
ASML	F	0.01%
FDS	C	0.01%
CRL	F	0.01%
EXR	B	0.01%
VLTO	C	0.01%
BPOP	C	0.01%
XYL	C	0.01%
TYL	C	0.01%
ULTA	D	0.01%
AXS	B	0.01%
SNY	B	0.01%
IT	B	0.01%
HII	D	0.01%
TFX	C	0.01%
MRNA	F	0.0%
FSLR	C	0.0%
SOLV	C	0.0%
MTB	B	0.0%
IQV	C	0.0%
CPT	B	0.0%
ZS	F	0.0%

TSPA Underweight 61 Positions Relative to RAYD

Symbol	Grade	Weight
EME	B	-1.5%
SPOT	B	-1.44%
BRBR	C	-1.42%
MELI	B	-1.33%
PGR	B	-1.12%
SFM	B	-0.88%
NVS	C	-0.85%
DTM	B	-0.85%
T	C	-0.78%
RGA	C	-0.65%
MORN	C	-0.64%
MUSA	D	-0.64%
MEDP	F	-0.52%
ADP	B	-0.52%
ANF	D	-0.5%
DECK	C	-0.46%
PRU	C	-0.44%
CR	C	-0.41%
NU	B	-0.41%
WFRD	F	-0.4%
COKE	C	-0.39%
TEAM	D	-0.35%
ORI	B	-0.34%
APP	C	-0.33%
GRMN	D	-0.32%
VEEV	C	-0.3%
HRB	C	-0.3%
PINS	F	-0.28%
CHKP	B	-0.28%
INTC	F	-0.28%
TEVA	C	-0.27%
GRAB	C	-0.26%
VRSN	D	-0.26%
GDDY	C	-0.25%
ERIE	B	-0.22%
NTAP	D	-0.22%
XRX	D	-0.22%
DASH	C	-0.22%
SMAR	C	-0.21%
LOGI	D	-0.21%
HLI	B	-0.2%
HUBS	D	-0.2%
STX	C	-0.2%
MTG	B	-0.2%
MANH	B	-0.2%
ALNY	C	-0.19%
UTHR	C	-0.19%
HPQ	D	-0.19%
NTNX	C	-0.19%
WWD	D	-0.18%
DBX	D	-0.18%
RPRX	C	-0.18%
TPL	B	-0.18%
MNDY	B	-0.18%
FTI	D	-0.18%
AER	B	-0.17%
LDOS	B	-0.17%
LULU	D	-0.16%
CYBR	D	-0.16%
NRG	C	-0.15%
NBIX	F	-0.14%