AADR vs. RAYJ ETF Comparison

Comparison of WCM BNY Mellon Focused Growth ADR ETF (AADR) to Rayliant SMDAM Japan Equity ETF (RAYJ)

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$62.18

Average Daily Volume

950

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$24.68

Average Daily Volume

4,028

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AADR	RAYJ
30 Days	-1.50%	0.56%
60 Days	2.01%	2.45%
90 Days	0.83%
12 Months	29.28%

1 Overlapping Holdings

	Symbol	Grade	Weight in AADR	Weight in RAYJ	Overlap
	MUFG	C	3.28%	5.3%	3.28%

AADR Overweight 26 Positions Relative to RAYJ

Symbol	Grade	Weight
NVO	A	7.15%
YPF	C	4.43%
ABBV	B	4.0%
BMA	C	3.8%
GGAL	C	3.52%
ERJ	C	3.34%
RELX	A	3.02%
ASX	B	2.93%
BBVA	C	2.9%
TNP	B	2.73%
SAP	A	2.72%
PAM	D	2.6%
TME	B	2.6%
LOGI	B	2.53%
HMY	C	2.52%
NXPI	B	2.5%
SMFG	B	2.41%
MELI	C	2.41%
ING	C	2.4%
BVN	C	2.39%
NMR	C	2.33%
CX	D	2.33%
FMX	D	2.3%
KOF	D	2.23%
PBR	D	1.98%
E	D	1.6%

AADR Underweight 1 Positions Relative to RAYJ

	Symbol	Grade	Weight
	TM	D	-5.09%

RAYJ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global