VGT vs. RAYD ETF Comparison

Comparison of Vanguard Information Tech ETF - DNQ (VGT) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

VGT

Vanguard Information Tech ETF - DNQ

VGT Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Information Technology 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the information technology sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$585.04

Average Daily Volume

460,116

Number of Holdings ^*

300

* 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

$30.90

Average Daily Volume

6,019

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	VGT	RAYD
30 Days	7.02%	4.53%
60 Days	13.70%	11.75%
90 Days	-1.67%	3.14%
12 Months	41.66%	35.91%

23 Overlapping Holdings

Symbol	Grade	Weight in VGT	Weight in RAYD	Overlap
AAPL	C	16.23%	5.36%	5.36%
APP	A	0.19%	0.35%	0.19%
CRWD	D	0.47%	0.46%	0.46%
CVLT	B	0.11%	0.5%	0.11%
DBX	C	0.11%	0.18%	0.11%
DOCU	A	0.14%	0.22%	0.14%
FICO	C	0.33%	0.4%	0.33%
FTNT	A	0.38%	0.19%	0.19%
GDDY	B	0.22%	0.25%	0.22%
HPQ	B	0.29%	0.21%	0.21%
IBM	A	1.23%	0.58%	0.58%
INTC	D	0.66%	0.33%	0.33%
MANH	A	0.17%	0.21%	0.17%
MSFT	D	13.92%	4.92%	4.92%
MSI	A	0.53%	0.45%	0.45%
MU	D	0.73%	0.76%	0.73%
NTAP	D	0.22%	0.23%	0.22%
NVDA	B	14.07%	5.74%	5.74%
PANW	B	0.8%	0.4%	0.4%
STX	C	0.19%	0.22%	0.19%
TEAM	D	0.24%	0.33%	0.24%
VRSN	C	0.17%	0.27%	0.17%
XRX	D	0.03%	0.23%	0.03%

VGT Overweight 277 Positions Relative to RAYD

Symbol	Grade	Weight
AVGO	B	4.44%
ADBE	F	1.72%
CRM	B	1.62%
AMD	C	1.59%
ORCL	A	1.55%
ACN	B	1.42%
CSCO	A	1.36%
TXN	C	1.3%
QCOM	D	1.3%
NOW	B	1.17%
INTU	F	1.17%
AMAT	C	1.1%
ADI	B	0.8%
KLAC	B	0.76%
LRCX	D	0.74%
ANET	A	0.66%
APH	D	0.57%
SNPS	F	0.56%
CDNS	D	0.52%
MRVL	C	0.49%
NXPI	F	0.48%
PLTR	A	0.46%
ROP	D	0.44%
ADSK	B	0.42%
WDAY	D	0.42%
TEL	D	0.36%
MPWR	B	0.35%
MCHP	F	0.34%
IT	A	0.31%
CTSH	B	0.31%
ON	F	0.28%
GLW	C	0.28%
DDOG	B	0.27%
DELL	C	0.27%
SNOW	F	0.27%
CDW	D	0.26%
ANSS	D	0.24%
KEYS	B	0.24%
HPE	B	0.23%
HUBS	D	0.22%
NET	D	0.22%
TYL	D	0.22%
MDB	D	0.21%
FSLR	C	0.21%
MSTR	B	0.2%
TDY	A	0.2%
WDC	C	0.2%
PTC	B	0.2%
TER	C	0.2%
ZM	B	0.19%
SMCI	F	0.19%
NTNX	C	0.18%
ZBRA	B	0.18%
ENTG	D	0.18%
SWKS	F	0.18%
ZS	F	0.18%
ENPH	F	0.17%
DT	B	0.16%
GEN	A	0.16%
AKAM	D	0.16%
JNPR	C	0.15%
FLEX	B	0.15%
TRMB	B	0.15%
PSTG	F	0.15%
QRVO	F	0.14%
EPAM	F	0.14%
COHR	B	0.14%
GWRE	A	0.14%
FFIV	B	0.14%
JBL	C	0.14%
SNX	C	0.13%
TWLO	B	0.13%
OKTA	F	0.13%
ONTO	B	0.13%
FN	B	0.12%
MKSI	F	0.12%
CRUS	D	0.12%
BSY	D	0.12%
IOT	C	0.12%
CIEN	A	0.12%
OLED	B	0.12%
LSCC	D	0.11%
VRNS	B	0.11%
BILL	D	0.11%
BOX	C	0.11%
BMI	A	0.11%
PATH	D	0.11%
ZETA	B	0.11%
NSIT	B	0.11%
MTSI	B	0.11%
NOVT	C	0.11%
LFUS	C	0.11%
CGNX	F	0.11%
ARW	C	0.11%
SPSC	D	0.11%
QTWO	B	0.1%
TENB	D	0.1%
CFLT	F	0.1%
BDC	A	0.1%
QLYS	F	0.1%
MARA	F	0.1%
HCP	A	0.1%
ASGN	D	0.1%
AVT	B	0.1%
GTLB	D	0.1%
ITRI	C	0.1%
APPF	C	0.1%
VNT	F	0.1%
KD	D	0.1%
ALTR	B	0.1%
CRDO	B	0.1%
ACIW	A	0.1%
PCOR	D	0.1%
S	C	0.1%
SMAR	A	0.1%
ACLS	F	0.09%
BLKB	C	0.09%
ESTC	F	0.09%
IDCC	A	0.09%
PLXS	A	0.09%
FORM	D	0.09%
WK	D	0.09%
AMKR	F	0.09%
AEIS	B	0.09%
SANM	D	0.09%
AUR	C	0.09%
U	D	0.09%
DLB	D	0.09%
CWAN	B	0.09%
LITE	A	0.09%
POWI	F	0.09%
DXC	C	0.09%
RMBS	F	0.09%
SLAB	D	0.09%
PI	A	0.09%
PEGA	B	0.08%
DIOD	F	0.08%
SYNA	F	0.08%
BRZE	F	0.07%
BL	D	0.07%
PRFT	A	0.07%
SITM	A	0.07%
TDC	D	0.07%
ENV	C	0.07%
AGYS	D	0.07%
SMTC	C	0.07%
ALRM	F	0.07%
CXT	F	0.07%
SQSP	A	0.07%
DV	F	0.07%
ALGM	F	0.07%
CALX	C	0.06%
DOCN	B	0.06%
VSH	F	0.06%
AMBA	C	0.06%
RPD	D	0.06%
INTA	C	0.06%
FIVN	F	0.06%
OSIS	C	0.06%
KLIC	D	0.06%
RNG	F	0.06%
CLSK	F	0.06%
PRGS	A	0.06%
YOU	C	0.06%
AI	D	0.06%
FROG	F	0.06%
NCNO	F	0.06%
PLUS	B	0.06%
PD	F	0.05%
ROG	D	0.05%
PAR	D	0.05%
VYX	C	0.05%
VIAV	C	0.05%
VRNT	F	0.05%
ALKT	D	0.05%
TTMI	D	0.05%
VECO	F	0.05%
IPGP	D	0.05%
EXTR	D	0.05%
FRSH	F	0.05%
MIR	B	0.05%
VERX	B	0.05%
RIOT	F	0.05%
CTS	B	0.04%
BHE	C	0.04%
NTCT	C	0.04%
SPT	F	0.04%
INFA	D	0.04%
HLIT	D	0.04%
PLAB	D	0.04%
KN	B	0.04%
UCTT	D	0.04%
NSSC	F	0.04%
RAMP	F	0.04%
AOSL	D	0.03%
ATEN	B	0.03%
ICHR	D	0.03%
APPN	C	0.03%
CXM	F	0.03%
DGII	B	0.03%
WULF	C	0.03%
SGH	D	0.03%
ARLO	F	0.03%
ZUO	F	0.03%
JAMF	F	0.03%
SCSC	D	0.03%
MXL	D	0.03%
ASAN	F	0.03%
WOLF	F	0.03%
COHU	F	0.03%
VSAT	F	0.03%
PWSC	C	0.03%
INFN	C	0.03%
SOUN	F	0.03%
SEDG	F	0.03%
BELFB	A	0.02%
SWI	B	0.02%
HCKT	D	0.02%
IBUY	A	0.02%
INDI	F	0.02%
ETWO	F	0.02%
CIFR	C	0.02%
BLND	C	0.02%
FSLY	D	0.02%
BASE	F	0.02%
GDYN	B	0.02%
PRO	F	0.02%
COMM	C	0.02%
ACMR	D	0.02%
NABL	F	0.02%
CNXN	C	0.02%
PDFS	F	0.02%
TCX	F	0.01%
EGHT	D	0.01%
DOMO	F	0.01%
APPS	F	0.01%
CRSR	D	0.01%
RBBN	C	0.01%
NNBR	C	0.01%
VPG	F	0.01%
ENFN	C	0.01%
FARO	D	0.01%
MEI	D	0.01%
LWLG	F	0.01%
AMSWA	C	0.01%
UIS	C	0.01%
APLD	C	0.01%
BIGC	F	0.01%
WEAV	B	0.01%
SEMR	C	0.01%
AEHR	F	0.01%
MITK	F	0.01%
CCSI	C	0.01%
NTGR	C	0.01%
CLFD	D	0.01%
DMRC	D	0.01%
KE	F	0.01%
TWKS	C	0.01%
MLNK	F	0.01%
OLO	F	0.01%
LASR	F	0.01%
YEXT	B	0.01%
OSPN	D	0.01%
CEVA	B	0.01%
LPSN	D	0.0%
RMNI	F	0.0%
MASS	F	0.0%
SCWX	C	0.0%
EXFY	F	0.0%
LAW	D	0.0%
CRNC	F	0.0%
RXT	C	0.0%
ONTF	F	0.0%
MX	F	0.0%
BELFA	C	0.0%
MVIS	D	0.0%
TLS	D	0.0%

VGT Underweight 85 Positions Relative to RAYD

Symbol	Grade	Weight
AMZN	C	-3.22%
GOOGL	B	-2.67%
COST	C	-2.4%
BKNG	B	-2.22%
LLY	D	-1.75%
EME	B	-1.57%
SPOT	C	-1.54%
META	A	-1.51%
BRBR	A	-1.42%
MELI	D	-1.26%
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%
NFLX	A	-0.57%
VRSK	D	-0.52%
PM	D	-0.52%
ADP	A	-0.51%
THC	D	-0.51%
ABBV	C	-0.49%
ANF	D	-0.48%
EXEL	B	-0.48%
MEDP	F	-0.47%
DECK	B	-0.45%
V	B	-0.44%
PRU	B	-0.44%
JNJ	D	-0.43%
DFS	A	-0.42%
ALNY	C	-0.39%
CMG	C	-0.37%
GOOG	B	-0.37%
WFRD	F	-0.36%
ORI	A	-0.34%
RGA	B	-0.33%
HRB	C	-0.3%
GRMN	D	-0.3%
CHKP	A	-0.29%
HIG	A	-0.29%
TMUS	A	-0.29%
VEEV	C	-0.28%
GS	B	-0.28%
WING	C	-0.27%
GRAB	C	-0.27%
TW	A	-0.26%
UBER	C	-0.24%
ERIE	A	-0.23%
TSN	D	-0.23%
DASH	A	-0.23%
LOGI	D	-0.22%
VZ	C	-0.21%
DIS	D	-0.21%
MTG	A	-0.21%
LPLA	D	-0.21%
TRGP	A	-0.2%
UHS	D	-0.2%
FANG	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%
DXCM	F	-0.18%
RPRX	D	-0.18%
CYBR	C	-0.17%
AER	C	-0.17%
NRG	A	-0.17%
LDOS	A	-0.17%
LULU	D	-0.16%

VGT: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Semiconductor Equipment & Materials Communication Equipment Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Telecom Services Capital Markets Business Services Computer Systems Internet Content & Information Semiconductor Memory Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials