ESGU vs. RAYD ETF Comparison

Comparison of iShares MSCI USA ESG Optimized ETF (ESGU) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

ESGU

iShares MSCI USA ESG Optimized ETF

ESGU Description

The iShares MSCI USA ESG Optimized ETF seeks to track the investment results of an index composed of U.S. companies that have positive environmental, social and governance characteristics as identified by the index provider while exhibiting risk and return characteristics similar to those of the parent index.

Grade (RS Rating)

Last Trade

$126.25

Average Daily Volume

497,303

Number of Holdings ^*

284

* 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

$30.87

Average Daily Volume

6,071

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	ESGU	RAYD
30 Days	2.32%	1.23%
60 Days	6.21%	6.20%
90 Days	5.27%	4.50%
12 Months	36.13%	34.33%

53 Overlapping Holdings

Symbol	Grade	Weight in ESGU	Weight in RAYD	Overlap
AAPL	B	6.49%	5.36%	5.36%
ABBV	B	0.49%	0.49%	0.49%
ADP	B	0.66%	0.51%	0.51%
ALNY	C	0.1%	0.39%	0.1%
AMZN	C	3.51%	3.22%	3.22%
BKNG	B	0.29%	2.22%	0.29%
CL	C	0.1%	0.81%	0.1%
CMG	D	0.13%	0.37%	0.13%
COST	C	0.81%	2.4%	0.81%
DECK	C	0.18%	0.45%	0.18%
DFS	C	0.2%	0.42%	0.2%
DIS	D	0.39%	0.21%	0.21%
DXCM	F	0.09%	0.18%	0.09%
EME	B	0.12%	1.57%	0.12%
FANG	F	0.09%	0.2%	0.09%
FICO	B	0.11%	0.4%	0.11%
GDDY	C	0.1%	0.25%	0.1%
GOOG	D	2.28%	0.37%	0.37%
GOOGL	D	1.16%	2.67%	1.16%
GS	B	0.35%	0.28%	0.28%
HCA	A	0.16%	0.87%	0.16%
HIG	A	0.26%	0.29%	0.26%
HPQ	C	0.1%	0.21%	0.1%
IBM	B	0.56%	0.58%	0.56%
INTC	D	0.27%	0.33%	0.27%
JNJ	C	0.68%	0.43%	0.43%
LDOS	A	0.1%	0.17%	0.1%
LLY	D	1.53%	1.75%	1.53%
LULU	D	0.1%	0.16%	0.1%
MA	B	0.92%	0.92%	0.92%
MCK	F	0.27%	1.0%	0.27%
MELI	C	0.2%	1.26%	0.2%
META	B	2.28%	1.51%	1.51%
MMM	B	0.34%	0.8%	0.34%
MRK	F	0.58%	0.61%	0.58%
MSFT	C	6.22%	4.92%	4.92%
MU	D	0.18%	0.76%	0.18%
NFLX	B	0.52%	0.57%	0.52%
NTAP	D	0.09%	0.23%	0.09%
NVDA	C	5.8%	5.74%	5.74%
PANW	C	0.24%	0.4%	0.24%
PG	C	0.73%	0.59%	0.59%
PGR	C	0.44%	1.11%	0.44%
PRU	C	0.53%	0.44%	0.44%
STX	B	0.1%	0.22%	0.1%
T	B	0.16%	1.16%	0.16%
TEAM	F	0.1%	0.33%	0.1%
TRGP	C	0.22%	0.2%	0.2%
UBER	C	0.24%	0.24%	0.24%
UNH	B	0.95%	0.19%	0.19%
V	C	0.99%	0.44%	0.44%
VEEV	D	0.11%	0.28%	0.11%
VZ	B	0.41%	0.21%	0.21%

ESGU Overweight 231 Positions Relative to RAYD

Symbol	Grade	Weight
AVGO	C	1.46%
TSLA	B	1.36%
JPM	D	1.19%
KO	B	1.02%
HD	A	1.0%
TXN	B	0.73%
NOW	C	0.63%
CRM	C	0.61%
ADBE	F	0.6%
INTU	D	0.59%
BAC	C	0.58%
CVX	D	0.57%
XOM	B	0.57%
ORCL	B	0.56%
AMAT	C	0.53%
AMD	C	0.52%
K	A	0.5%
SPGI	C	0.5%
GE	B	0.49%
PEG	A	0.48%
ELV	D	0.47%
GILD	B	0.47%
TT	A	0.46%
NEE	B	0.46%
AMGN	D	0.45%
CSCO	A	0.44%
BR	C	0.43%
RTX	B	0.43%
ECL	A	0.42%
AXP	A	0.42%
MS	B	0.42%
PEP	D	0.42%
GIS	C	0.42%
ACN	C	0.42%
BRK.A	C	0.41%
CMI	B	0.41%
BK	B	0.39%
DHR	B	0.38%
CRH	B	0.38%
ZTS	B	0.38%
LOW	A	0.38%
AMT	C	0.38%
LIN	B	0.37%
CCI	B	0.36%
NI	A	0.36%
HON	C	0.36%
COP	F	0.36%
OKE	C	0.34%
ADSK	B	0.34%
VRTX	D	0.33%
LRCX	D	0.33%
EQIX	B	0.33%
PNC	B	0.33%
GWW	B	0.33%
UNP	C	0.32%
CAT	B	0.32%
C	C	0.32%
MCO	C	0.32%
MCD	A	0.32%
ISRG	B	0.31%
MET	A	0.31%
CI	D	0.31%
PFE	D	0.3%
QCOM	D	0.3%
HES	D	0.3%
NXPI	F	0.29%
PNR	A	0.29%
IDXX	D	0.28%
KMI	B	0.27%
EXPD	A	0.27%
CLX	C	0.26%
LKQ	F	0.25%
EW	F	0.25%
TMO	B	0.25%
XYL	C	0.25%
SBUX	C	0.24%
REGN	D	0.24%
TGT	C	0.24%
DE	A	0.23%
ANET	B	0.22%
COR	F	0.22%
KR	A	0.22%
PPG	D	0.22%
FLUT	C	0.22%
WELL	B	0.22%
VLTO	B	0.21%
CDNS	D	0.21%
KEYS	B	0.21%
NOC	B	0.21%
ANSS	D	0.21%
DLR	B	0.21%
SNPS	F	0.21%
NDAQ	C	0.2%
CHRW	A	0.2%
NEM	C	0.2%
FERG	F	0.2%
BG	F	0.2%
CHD	C	0.2%
KHC	C	0.19%
CMCSA	C	0.19%
CARR	B	0.19%
CMS	A	0.19%
COO	B	0.19%
TRV	C	0.19%
MMC	D	0.18%
SYF	C	0.18%
ETN	B	0.18%
KMB	C	0.17%
WAT	B	0.17%
CBRE	A	0.17%
TAP	D	0.17%
BBY	A	0.17%
WDAY	D	0.17%
EXC	A	0.17%
LNG	D	0.17%
DAL	C	0.17%
FDS	C	0.16%
IRM	B	0.16%
UPS	D	0.16%
BMY	C	0.16%
IQV	D	0.16%
D	B	0.16%
JCI	A	0.16%
USB	B	0.16%
SCHW	D	0.16%
IT	C	0.16%
STE	B	0.16%
PTC	C	0.15%
AXON	A	0.15%
HBAN	B	0.15%
TSCO	A	0.15%
SBAC	C	0.15%
CAH	C	0.15%
WSM	C	0.15%
EA	D	0.15%
PLD	C	0.15%
HPE	C	0.15%
PSX	F	0.14%
DGX	B	0.14%
ACGL	C	0.14%
ADI	C	0.14%
MRVL	D	0.14%
J	D	0.14%
FTV	C	0.14%
BKR	C	0.13%
A	C	0.13%
URI	B	0.13%
GEV	B	0.13%
CEG	C	0.13%
PYPL	B	0.13%
OVV	F	0.13%
LII	C	0.13%
AFL	A	0.12%
FBIN	A	0.12%
TFC	D	0.12%
NUE	D	0.12%
CNH	C	0.12%
FIS	C	0.12%
FSLR	C	0.11%
HUBS	D	0.11%
OC	C	0.11%
ULTA	D	0.11%
PWR	B	0.11%
AJG	D	0.11%
RCL	B	0.11%
MDB	D	0.11%
FI	A	0.11%
BLK	A	0.11%
PFG	B	0.11%
AIZ	B	0.11%
MKC	C	0.11%
DVA	B	0.11%
ES	A	0.11%
PHM	B	0.11%
HUBB	B	0.11%
EIX	B	0.11%
WY	C	0.11%
KKR	C	0.11%
ODFL	C	0.1%
MTD	B	0.1%
SYY	C	0.1%
HRL	F	0.1%
LH	C	0.1%
IPG	C	0.1%
CNC	D	0.1%
WFC	D	0.1%
MRO	D	0.1%
MOH	D	0.1%
JBHT	D	0.1%
HWM	A	0.1%
ED	B	0.1%
TFX	C	0.1%
WTW	A	0.1%
IP	C	0.1%
WST	D	0.1%
STLD	C	0.1%
WDC	C	0.1%
AKAM	D	0.1%
ADM	D	0.1%
HOLX	B	0.1%
SLB	F	0.1%
HLT	B	0.1%
TWLO	C	0.1%
TRMB	C	0.1%
IFF	B	0.1%
BALL	C	0.1%
EQT	C	0.1%
IEX	C	0.1%
SYK	C	0.1%
POOL	C	0.1%
FOX	A	0.1%
AVTR	C	0.1%
CPB	D	0.1%
DELL	D	0.1%
PAYX	B	0.1%
KDP	B	0.1%
NTRS	C	0.1%
DHI	C	0.1%
IR	B	0.1%
JNPR	B	0.1%
COF	B	0.1%
PARA	F	0.09%
VLO	F	0.09%
ZBH	F	0.09%
WTRG	D	0.09%
FDX	D	0.09%
BIIB	F	0.09%
HII	D	0.09%
SNOW	F	0.08%
DLTR	F	0.07%
MRNA	F	0.07%

ESGU Underweight 55 Positions Relative to RAYD

Symbol	Grade	Weight
SPOT	C	-1.54%
BRBR	B	-1.42%
ALL	C	-1.03%
MO	C	-0.95%
SFM	A	-0.92%
MUSA	D	-0.9%
DTM	B	-0.87%
NVS	C	-0.84%
COKE	C	-0.77%
MORN	C	-0.65%
EVR	C	-0.64%
VRSK	D	-0.52%
PM	C	-0.52%
THC	B	-0.51%
CVLT	B	-0.5%
ANF	D	-0.48%
EXEL	C	-0.48%
MEDP	F	-0.47%
CRWD	D	-0.46%
MSI	A	-0.45%
WFRD	F	-0.36%
APP	B	-0.35%
ORI	B	-0.34%
RGA	C	-0.33%
HRB	C	-0.3%
GRMN	D	-0.3%
CHKP	B	-0.29%
TMUS	B	-0.29%
VRSN	C	-0.27%
WING	C	-0.27%
GRAB	B	-0.27%
TW	B	-0.26%
XRX	D	-0.23%
ERIE	B	-0.23%
TSN	D	-0.23%
DASH	B	-0.23%
DOCU	C	-0.22%
LOGI	D	-0.22%
MANH	B	-0.21%
MTG	B	-0.21%
LPLA	D	-0.21%
UHS	C	-0.2%
HLI	C	-0.2%
RGLD	C	-0.2%
MNDY	B	-0.19%
UTHR	B	-0.19%
FTI	D	-0.19%
FTNT	A	-0.19%
LMT	A	-0.19%
WWD	C	-0.18%
DBX	C	-0.18%
RPRX	C	-0.18%
CYBR	A	-0.17%
AER	C	-0.17%
NRG	B	-0.17%