VIG vs. RAYD ETF Comparison

Comparison of Vanguard Div Appreciation ETF - DNQ (VIG) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

VIG

Vanguard Div Appreciation ETF - DNQ

VIG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that have a record of increasing dividends over time. The fund employs an indexing investment approach designed to track the performance of the NASDAQ US Dividend Achievers Select Index, which consists of common stocks of companies that have a record of increasing dividends over time. 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.

Grade (RS Rating)

Last Trade

$197.84

Average Daily Volume

686,121

Number of Holdings ^*

337

* 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	VIG	RAYD
30 Days	3.21%	2.09%
60 Days	5.58%	5.07%
90 Days	7.60%	4.83%
12 Months	25.78%	31.61%

27 Overlapping Holdings

Symbol	Grade	Weight in VIG	Weight in RAYD	Overlap
AAPL	C	4.55%	5.21%	4.55%
ABBV	C	1.81%	0.5%	0.5%
ADP	B	0.6%	0.52%	0.52%
ALL	B	0.25%	1.04%	0.25%
CL	D	0.45%	0.65%	0.45%
CMI	C	0.22%	0.48%	0.22%
COST	B	2.02%	2.5%	2.02%
DFS	B	0.2%	0.2%	0.2%
ERIE	B	0.06%	0.22%	0.06%
GS	C	0.91%	0.28%	0.28%
HIG	B	0.18%	0.29%	0.18%
HPQ	D	0.17%	0.19%	0.17%
IBM	B	0.98%	0.57%	0.57%
JNJ	C	2.11%	0.84%	0.84%
MA	B	2.12%	1.8%	1.8%
MCK	F	0.45%	1.1%	0.45%
MMC	C	0.61%	0.59%	0.59%
MORN	C	0.05%	0.64%	0.05%
MRK	D	1.59%	0.63%	0.63%
MSFT	C	3.84%	5.07%	3.84%
NKE	D	0.51%	0.2%	0.2%
ORI	B	0.05%	0.34%	0.05%
PG	C	2.11%	0.59%	0.59%
RGA	C	0.08%	0.65%	0.08%
TPL	B	0.09%	0.18%	0.09%
TSN	C	0.1%	0.24%	0.1%
V	C	2.22%	0.47%	0.47%

VIG Overweight 310 Positions Relative to RAYD

Symbol	Grade	Weight
AVGO	C	3.87%
JPM	D	3.39%
XOM	C	2.98%
UNH	C	2.94%
HD	B	2.03%
WMT	C	1.63%
BAC	D	1.52%
KO	C	1.43%
PEP	C	1.32%
ORCL	C	1.23%
LIN	B	1.21%
ACN	C	1.15%
QCOM	D	1.12%
CSCO	C	1.08%
MCD	B	1.06%
TXN	C	1.03%
ABT	C	1.02%
INTU	C	1.01%
DHR	B	1.01%
AMGN	B	0.99%
CAT	B	0.94%
CMCSA	D	0.91%
SPGI	B	0.87%
NEE	C	0.87%
UNP	C	0.83%
LOW	B	0.78%
HON	D	0.74%
ELV	C	0.69%
ETN	C	0.68%
BLK	B	0.68%
LMT	C	0.66%
ADI	C	0.64%
SYK	C	0.62%
KLAC	D	0.62%
CB	B	0.62%
MDT	C	0.59%
MDLZ	B	0.51%
SBUX	C	0.49%
ICE	C	0.48%
ZTS	C	0.46%
SHW	B	0.45%
APH	D	0.43%
WM	D	0.41%
AON	B	0.4%
MCO	B	0.4%
PNC	B	0.4%
TGT	C	0.39%
CME	C	0.39%
BDX	D	0.39%
NOC	B	0.38%
GD	B	0.38%
CSX	D	0.38%
CTAS	B	0.37%
MSI	B	0.37%
EMR	D	0.37%
ITW	C	0.37%
PSX	F	0.35%
AJG	D	0.34%
ECL	B	0.33%
ROP	C	0.32%
APD	B	0.32%
DHI	B	0.3%
AFL	C	0.28%
SRE	C	0.28%
MCHP	F	0.27%
BK	B	0.27%
TRV	C	0.27%
MET	B	0.26%
TEL	D	0.26%
GWW	B	0.24%
LHX	C	0.24%
AMP	A	0.24%
HUM	F	0.24%
PAYX	C	0.23%
NUE	F	0.22%
RSG	D	0.22%
FAST	C	0.22%
SYY	D	0.21%
VMC	D	0.2%
ROK	D	0.18%
XYL	C	0.18%
XEL	B	0.18%
PPG	D	0.17%
ADM	D	0.17%
GLW	C	0.17%
RMD	C	0.17%
NDAQ	A	0.16%
TSCO	C	0.16%
FITB	B	0.16%
HSY	C	0.16%
CDW	D	0.16%
STT	A	0.15%
KR	C	0.15%
AWK	B	0.15%
CAH	C	0.14%
DTE	C	0.14%
BR	D	0.14%
DOV	B	0.14%
VLTO	C	0.13%
BRO	C	0.13%
STE	C	0.13%
CHD	D	0.13%
HUBB	B	0.12%
RJF	C	0.12%
WST	D	0.12%
ATO	B	0.11%
CMS	C	0.11%
CBOE	C	0.11%
MKC	C	0.11%
STLD	F	0.11%
WSM	D	0.11%
CSL	B	0.11%
CINF	B	0.11%
GPC	D	0.11%
AVY	C	0.1%
RS	D	0.1%
MAS	B	0.1%
PFG	B	0.1%
EXPD	C	0.1%
PKG	B	0.1%
LII	B	0.1%
BAH	C	0.1%
RPM	B	0.09%
FDS	C	0.09%
IEX	D	0.09%
DGX	B	0.09%
SWK	B	0.09%
CLX	C	0.09%
WRB	C	0.09%
WSO	C	0.09%
NDSN	C	0.08%
JBHT	D	0.08%
CE	F	0.08%
LNT	B	0.08%
FNF	B	0.08%
GGG	C	0.08%
POOL	C	0.08%
HEI	B	0.08%
CASY	D	0.08%
PNR	B	0.08%
RBA	B	0.08%
DPZ	F	0.08%
SNA	C	0.08%
FIX	B	0.07%
ALLE	B	0.07%
RNR	C	0.07%
EMN	B	0.07%
JKHY	B	0.07%
SJM	C	0.07%
AES	C	0.07%
TTC	D	0.06%
DOX	C	0.06%
WTRG	D	0.06%
AOS	D	0.06%
UNM	B	0.06%
CHRW	B	0.06%
RRX	C	0.06%
ALB	D	0.06%
HII	D	0.06%
SCI	B	0.06%
ITT	B	0.06%
LECO	F	0.06%
UFPI	C	0.05%
INGR	B	0.05%
AIT	A	0.05%
MKTX	C	0.05%
AFG	B	0.05%
CHE	C	0.05%
PRI	B	0.05%
EVR	A	0.05%
DCI	C	0.05%
RGLD	C	0.05%
AIZ	B	0.05%
HRL	C	0.05%
CHDN	C	0.05%
ATR	B	0.05%
HEI	B	0.05%
LFUS	C	0.04%
RHI	D	0.04%
SEIC	C	0.04%
PB	B	0.04%
MSA	D	0.04%
WTFC	B	0.04%
OSK	F	0.04%
CFR	C	0.04%
SSB	B	0.04%
LAD	D	0.04%
CBSH	C	0.04%
ZION	D	0.04%
GL	C	0.04%
ENSG	B	0.04%
SSD	D	0.04%
MATX	B	0.03%
NJR	B	0.03%
FUL	C	0.03%
WLK	D	0.03%
AVT	C	0.03%
OZK	D	0.03%
FFIN	B	0.03%
ASH	D	0.03%
THG	B	0.03%
IDA	C	0.03%
GATX	D	0.03%
AL	D	0.03%
HOMB	B	0.03%
SON	C	0.03%
EXPO	A	0.03%
NFG	B	0.03%
SIGI	D	0.03%
CBT	B	0.03%
BC	C	0.03%
THO	D	0.03%
TKR	D	0.03%
WTS	C	0.03%
BCPC	C	0.03%
AXS	B	0.03%
AGCO	D	0.03%
CADE	C	0.03%
BMI	A	0.03%
RLI	B	0.03%
R	A	0.03%
FAF	B	0.03%
MGRC	F	0.02%
GHC	B	0.02%
BOKF	B	0.02%
INDB	C	0.02%
GFF	D	0.02%
CWT	C	0.02%
HI	F	0.02%
AWR	B	0.02%
MGEE	B	0.02%
BRC	C	0.02%
IOSP	D	0.02%
CBU	C	0.02%
WSFS	D	0.02%
WDFC	C	0.02%
IBOC	D	0.02%
NSP	F	0.02%
ABM	D	0.02%
MAN	C	0.02%
AUB	D	0.02%
PRGO	D	0.02%
CNO	B	0.02%
LANC	D	0.02%
OTTR	F	0.02%
KAI	C	0.02%
AVNT	B	0.02%
POWI	F	0.02%
SLGN	B	0.02%
FELE	C	0.02%
AGO	C	0.02%
FLO	C	0.02%
PII	D	0.02%
UMBF	B	0.02%
HY	F	0.01%
AMSF	C	0.01%
MNRO	D	0.01%
GRC	D	0.01%
SRCE	C	0.01%
GABC	C	0.01%
MSEX	C	0.01%
WS	D	0.01%
CSGS	C	0.01%
LNN	D	0.01%
DDS	F	0.01%
WABC	D	0.01%
HMN	D	0.01%
APOG	B	0.01%
WOR	D	0.01%
BANF	B	0.01%
TCBK	D	0.01%
SYBT	A	0.01%
LMAT	C	0.01%
LKFN	C	0.01%
ANDE	D	0.01%
SJW	C	0.01%
CHCO	B	0.01%
SCL	D	0.01%
NHC	D	0.01%
CABO	F	0.01%
AGM	D	0.01%
HWKN	C	0.01%
WLY	C	0.01%
TNC	F	0.01%
SXI	C	0.01%
TOWN	B	0.01%
CNS	B	0.01%
NBTB	D	0.01%
FRME	D	0.01%
MTRN	F	0.01%
KWR	D	0.01%
HNI	C	0.01%
CPK	B	0.01%
JJSF	C	0.01%
JOUT	D	0.0%
ARTNA	D	0.0%
HVT	D	0.0%
HIFS	B	0.0%
CASS	C	0.0%
GSBC	D	0.0%
TR	C	0.0%
SMBC	C	0.0%
YORW	D	0.0%
ATRI	B	0.0%
SPTN	C	0.0%
SCVL	B	0.0%
FCBC	A	0.0%
FMBH	B	0.0%
MATW	F	0.0%
EMBC	C	0.0%

VIG Underweight 84 Positions Relative to RAYD

Symbol	Grade	Weight
NVDA	D	-6.08%
AMZN	C	-3.3%
GOOGL	D	-2.12%
LLY	C	-1.87%
BKNG	C	-1.85%
EME	B	-1.5%
SPOT	B	-1.44%
BRBR	C	-1.42%
MELI	B	-1.33%
META	B	-1.24%
PGR	B	-1.12%
SFM	B	-0.88%
NVS	C	-0.85%
DTM	B	-0.85%
PANW	D	-0.81%
MO	C	-0.8%
T	C	-0.78%
MUSA	D	-0.64%
MMM	B	-0.57%
MEDP	F	-0.52%
THC	A	-0.51%
ANF	D	-0.5%
DECK	C	-0.46%
VRTX	D	-0.46%
PRU	C	-0.44%
CRWD	D	-0.44%
CR	C	-0.41%
NU	B	-0.41%
HCA	B	-0.41%
WFRD	F	-0.4%
GM	C	-0.39%
COKE	C	-0.39%
CMG	C	-0.38%
NFLX	B	-0.37%
GOOG	D	-0.36%
TEAM	D	-0.35%
VRSK	D	-0.34%
APP	C	-0.33%
GRMN	D	-0.32%
MU	F	-0.3%
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%
WING	B	-0.26%
VRSN	D	-0.26%
TW	B	-0.25%
GDDY	C	-0.25%
UBER	C	-0.22%
NTAP	D	-0.22%
XRX	D	-0.22%
DASH	C	-0.22%
PM	C	-0.21%
FANG	D	-0.21%
FICO	B	-0.21%
SMAR	C	-0.21%
VZ	B	-0.21%
LOGI	D	-0.21%
HLI	B	-0.2%
LPLA	D	-0.2%
DIS	D	-0.2%
HUBS	D	-0.2%
STX	C	-0.2%
MTG	B	-0.2%
TRGP	B	-0.2%
MANH	B	-0.2%
ALNY	C	-0.19%
UTHR	C	-0.19%
NTNX	C	-0.19%
WWD	D	-0.18%
DBX	D	-0.18%
RPRX	C	-0.18%
MNDY	B	-0.18%
FTI	D	-0.18%
DXCM	F	-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%