CDL vs. RAYD ETF Comparison

Comparison of Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF (CDL) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

CDL

Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF

CDL Description

The investment seeks to provide investment results that match the performance of the CEMP US Large Cap High Dividend 100 Volatility Weighted Index. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 100 highest dividend yielding stocks of the CEMP US Large Cap 500 Volatility Weighted Index, which consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Normally the fund invests at least 80% of its assets in the stocks of U.S. issuers included in the index.

Grade (RS Rating)

Last Trade

$69.95

Average Daily Volume

10,960

Number of Holdings ^*

100

* 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

$32.43

Average Daily Volume

4,090

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	CDL	RAYD
30 Days	2.82%	4.23%
60 Days	4.10%	5.09%
90 Days	6.89%	6.59%
12 Months	30.92%	37.58%

9 Overlapping Holdings

Symbol	Grade	Weight in CDL	Weight in RAYD	Overlap
ABBV	D	0.95%	0.42%	0.42%
HPQ	B	0.69%	0.2%	0.2%
JNJ	D	1.24%	0.39%	0.39%
MMM	D	0.57%	1.18%	0.57%
MO	A	1.21%	1.32%	1.21%
PM	B	1.37%	0.79%	0.79%
STX	D	0.67%	0.18%	0.18%
T	A	1.23%	1.15%	1.15%
VZ	C	1.01%	0.18%	0.18%

CDL Overweight 91 Positions Relative to RAYD

Symbol	Grade	Weight
KMI	A	1.63%
WMB	A	1.46%
ETR	B	1.44%
NI	A	1.42%
PPL	B	1.39%
OKE	A	1.39%
CSCO	B	1.34%
SRE	A	1.33%
DUK	C	1.33%
EVRG	A	1.29%
CME	A	1.28%
PAYX	C	1.26%
CVX	A	1.25%
SO	D	1.25%
CMS	C	1.24%
LNT	A	1.22%
PEP	F	1.22%
FE	C	1.21%
PFG	D	1.19%
MET	A	1.19%
MS	A	1.18%
XOM	B	1.18%
ED	D	1.18%
WEC	A	1.16%
AEE	A	1.15%
MDT	D	1.15%
CNP	B	1.12%
CMCSA	B	1.11%
STT	A	1.1%
EIX	B	1.09%
DRI	B	1.09%
TAP	C	1.09%
OMC	C	1.09%
NTRS	A	1.08%
DTE	C	1.08%
EOG	A	1.06%
AEP	D	1.05%
CLX	B	1.04%
TROW	B	1.04%
XEL	A	1.04%
KMB	D	1.04%
MTB	A	1.01%
CTRA	B	1.01%
PRU	A	1.0%
GILD	C	0.99%
PNC	B	0.99%
EXC	C	0.98%
LYB	F	0.98%
IBM	C	0.97%
GIS	D	0.97%
EMN	D	0.96%
KHC	F	0.95%
C	A	0.95%
HBAN	A	0.95%
HSY	F	0.94%
DOW	F	0.94%
SJM	D	0.93%
IPG	D	0.93%
FNF	B	0.92%
D	C	0.92%
CPB	D	0.92%
OWL	A	0.91%
RF	A	0.9%
CAG	D	0.89%
USB	A	0.89%
FITB	A	0.89%
GLW	B	0.87%
IP	B	0.84%
KVUE	A	0.83%
OVV	B	0.82%
PSX	C	0.81%
FANG	D	0.81%
DVN	F	0.81%
GPC	D	0.8%
UPS	C	0.79%
CFG	B	0.77%
BG	F	0.77%
CRBG	B	0.77%
AMGN	D	0.74%
KEY	B	0.73%
VLO	C	0.72%
HRL	D	0.72%
TGT	F	0.68%
CVS	D	0.65%
BBY	D	0.56%
ALLY	C	0.56%
F	C	0.55%
ADM	D	0.5%
AES	F	0.49%
DG	F	0.4%
EL	F	0.39%

CDL Underweight 102 Positions Relative to RAYD

Symbol	Grade	Weight
NVDA	C	-5.62%
AAPL	C	-5.42%
MSFT	F	-4.67%
AMZN	C	-3.47%
GOOGL	C	-2.82%
COST	B	-2.39%
SPOT	B	-2.2%
BKNG	A	-1.88%
BRBR	A	-1.62%
LLY	F	-1.51%
META	D	-1.48%
MELI	D	-1.39%
MCK	B	-1.25%
SFM	A	-1.19%
PGR	A	-1.11%
COKE	C	-0.99%
HCA	F	-0.98%
CL	D	-0.95%
MUSA	A	-0.92%
CVLT	B	-0.87%
ADP	B	-0.86%
ALL	A	-0.82%
THC	D	-0.8%
MSI	B	-0.79%
APP	B	-0.74%
EVR	B	-0.72%
MORN	B	-0.68%
MU	D	-0.66%
NFLX	A	-0.64%
EXEL	B	-0.63%
DASH	A	-0.62%
TRGP	B	-0.6%
FTNT	C	-0.58%
HRB	D	-0.56%
COR	B	-0.56%
CRWD	B	-0.55%
PG	A	-0.54%
DFS	B	-0.51%
MRK	F	-0.51%
TEAM	A	-0.49%
ANF	C	-0.48%
MTG	C	-0.48%
V	A	-0.48%
FICO	B	-0.47%
LMT	D	-0.45%
WING	D	-0.45%
PANW	C	-0.45%
DECK	A	-0.43%
GOOG	C	-0.39%
RBLX	C	-0.38%
ALNY	D	-0.36%
CMG	B	-0.36%
GM	B	-0.35%
WFRD	D	-0.35%
ORI	A	-0.35%
GRMN	B	-0.35%
GRAB	B	-0.34%
TMUS	B	-0.34%
ZM	B	-0.34%
CAH	B	-0.33%
GS	A	-0.33%
TXRH	C	-0.33%
INTC	D	-0.33%
NOW	A	-0.32%
GWRE	A	-0.31%
VEEV	C	-0.3%
CNA	B	-0.29%
GDDY	A	-0.29%
SMAR	A	-0.29%
MCO	B	-0.29%
AZO	C	-0.29%
LPLA	A	-0.28%
HIG	B	-0.28%
VRSN	F	-0.26%
DOCU	A	-0.26%
CHKP	D	-0.25%
HSBH	B	-0.24%
HLI	B	-0.23%
LPX	B	-0.23%
TSN	B	-0.23%
DIS	B	-0.22%
XRX	F	-0.22%
LDOS	C	-0.21%
RMD	C	-0.21%
NTAP	C	-0.21%
UBER	D	-0.21%
MANH	D	-0.2%
FTI	A	-0.2%
UTHR	C	-0.2%
LOGI	D	-0.19%
RGLD	C	-0.19%
UNH	C	-0.19%
LULU	C	-0.18%
DXCM	D	-0.18%
WWD	B	-0.17%
MNDY	C	-0.16%
AER	B	-0.16%
NRG	B	-0.16%
CYBR	B	-0.16%
UHS	D	-0.16%
RPRX	D	-0.16%
ERIE	D	-0.16%