GLBL vs. RAYD ETF Comparison

Comparison of Pacer MSCI World Industry Advantage ETF (GLBL) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

GLBL

Pacer MSCI World Industry Advantage ETF

GLBL Description

GLBL tracks an index that aims to invest in firms that lead the industry from the country with the most active weight in each of the GICS Industry Groups. First, the fund determines which country has the highest active weight in each of the twenty-five GICS Industry Groups as measured against the MSCI World Index, its parent index. Only large- and midcap companies from developed market countries are considered. Then, all securities with a 3-month ADTV greater than or equal to USD 5 Million become eligible. Finally, at each quarterly review and initial construction, the eligible securities that meet the liquidity criteria are grouped by country, and each group is weighted in proportion to their aggregate free-float market cap and the corresponding country's GDP. The weights are then normalized to sum to 100%, with each security having a cap of 5%.

Grade (RS Rating)

Last Trade

$21.23

Average Daily Volume

273

Number of Holdings ^*

280

* 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	GLBL	RAYD
30 Days	3.25%	4.23%
60 Days	4.07%	5.09%
90 Days		6.59%
12 Months		37.58%

45 Overlapping Holdings

Symbol	Grade	Weight in GLBL	Weight in RAYD	Overlap
AAPL	C	4.65%	5.42%	4.65%
AMZN	C	5.62%	3.47%	3.47%
APP	B	0.2%	0.74%	0.2%
CAH	B	0.09%	0.33%	0.09%
CMG	B	0.25%	0.36%	0.25%
COR	B	0.12%	0.56%	0.12%
COST	B	1.31%	2.39%	1.31%
CRWD	B	0.24%	0.55%	0.24%
DASH	A	0.16%	0.62%	0.16%
DFS	B	0.12%	0.51%	0.12%
DIS	B	0.58%	0.22%	0.22%
DOCU	A	0.06%	0.26%	0.06%
DXCM	D	0.09%	0.18%	0.09%
FTNT	C	0.21%	0.58%	0.21%
GDDY	A	0.09%	0.29%	0.09%
GOOG	C	2.84%	0.39%	0.39%
GOOGL	C	3.27%	2.82%	2.82%
GS	A	0.56%	0.33%	0.33%
HCA	F	0.25%	0.98%	0.25%
HPQ	B	0.11%	0.2%	0.11%
INTC	D	0.33%	0.33%	0.33%
LPLA	A	0.07%	0.28%	0.07%
MANH	D	0.07%	0.2%	0.07%
MCK	B	0.29%	1.25%	0.29%
MCO	B	0.22%	0.29%	0.22%
MELI	D	0.45%	1.39%	0.45%
META	D	3.94%	1.48%	1.48%
MSFT	F	4.69%	4.67%	4.67%
MSI	B	0.23%	0.79%	0.23%
MU	D	0.35%	0.66%	0.35%
NFLX	A	1.17%	0.64%	0.64%
NOW	A	0.74%	0.32%	0.32%
NTAP	C	0.08%	0.21%	0.08%
NVDA	C	5.39%	5.62%	5.39%
PANW	C	0.38%	0.45%	0.38%
RBLX	C	0.07%	0.38%	0.07%
RMD	C	0.11%	0.21%	0.11%
STX	D	0.07%	0.18%	0.07%
TEAM	A	0.12%	0.49%	0.12%
UHS	D	0.05%	0.16%	0.05%
UNH	C	1.71%	0.19%	0.19%
V	A	1.52%	0.48%	0.48%
VEEV	C	0.11%	0.3%	0.11%
VRSN	F	0.04%	0.26%	0.04%
ZM	B	0.06%	0.34%	0.06%

GLBL Overweight 235 Positions Relative to RAYD

Symbol	Grade	Weight
AVGO	D	2.4%
BRK.A	B	1.98%
MA	C	1.35%
HD	A	1.25%
WMT	A	1.18%
CRM	B	1.04%
ORCL	B	0.98%
ADBE	C	0.75%
CSCO	B	0.74%
MCD	D	0.7%
AMD	F	0.69%
ACN	C	0.69%
ABT	B	0.62%
IBM	C	0.59%
TXN	C	0.58%
INTU	C	0.58%
ISRG	A	0.57%
QCOM	F	0.56%
TM	D	0.55%
CMCSA	B	0.54%
AXP	A	0.54%
LOW	D	0.51%
MS	A	0.5%
SPGI	C	0.48%
BLK	C	0.48%
AMAT	F	0.47%
UL	D	0.44%
TJX	A	0.43%
SYK	C	0.41%
BSX	B	0.4%
FI	A	0.4%
BX	A	0.38%
PLTR	B	0.38%
SCHW	B	0.37%
LRCX	F	0.35%
ADI	D	0.35%
MDT	D	0.35%
SBUX	A	0.35%
PLD	D	0.33%
ANET	C	0.32%
CI	F	0.31%
KLAC	D	0.3%
TD	F	0.3%
KKR	A	0.29%
CDNS	B	0.29%
ELV	F	0.29%
ORLY	B	0.29%
ICE	C	0.29%
PYPL	B	0.27%
CME	A	0.27%
APH	A	0.27%
AMT	D	0.27%
SNPS	B	0.26%
WELL	A	0.25%
MRVL	B	0.23%
CVS	D	0.22%
BDX	F	0.22%
COF	B	0.22%
TGT	F	0.22%
ADSK	A	0.22%
EQIX	A	0.21%
AMP	A	0.2%
COIN	C	0.2%
ROP	B	0.2%
MAR	B	0.2%
ABNB	C	0.19%
APO	B	0.19%
WDAY	B	0.19%
HLT	A	0.18%
TTD	B	0.18%
BK	A	0.18%
CNI	D	0.18%
NXPI	D	0.18%
DLR	B	0.17%
SPG	B	0.17%
PSA	D	0.16%
O	D	0.16%
HUBS	A	0.16%
RCL	A	0.16%
FIS	C	0.15%
MSTR	C	0.15%
CTSH	B	0.14%
HUM	C	0.14%
SQ	B	0.14%
MPWR	F	0.14%
MSCI	C	0.14%
CCI	D	0.14%
TYL	B	0.14%
KR	B	0.13%
SYY	B	0.13%
DELL	C	0.13%
YUM	B	0.13%
IT	C	0.13%
ROST	C	0.13%
EXR	D	0.12%
HMC	F	0.12%
GEHC	F	0.12%
DDOG	A	0.12%
GLW	B	0.12%
SNOW	C	0.12%
EW	C	0.12%
IRM	D	0.11%
MCHP	D	0.11%
AVB	B	0.11%
NDAQ	A	0.11%
RJF	A	0.11%
EA	A	0.11%
CHTR	C	0.1%
CNC	D	0.1%
ON	D	0.1%
IDXX	F	0.1%
EBAY	D	0.1%
VICI	C	0.1%
TTWO	A	0.09%
CPAY	A	0.09%
HPE	B	0.09%
CDW	F	0.09%
EQR	B	0.09%
NET	B	0.09%
STT	A	0.09%
ULTA	F	0.09%
PTC	A	0.09%
ZBRA	B	0.09%
NTRS	A	0.08%
VTR	C	0.08%
MAA	B	0.08%
SYF	B	0.08%
ZBH	C	0.08%
ARES	A	0.08%
DRI	B	0.08%
ANSS	B	0.08%
GPN	B	0.08%
TROW	B	0.08%
EXPE	B	0.08%
TSCO	D	0.07%
MDB	C	0.07%
WBD	C	0.07%
ESS	B	0.07%
WY	D	0.07%
MOH	F	0.07%
OMC	C	0.07%
KEYS	A	0.07%
CCL	B	0.07%
HOLX	D	0.06%
PINS	D	0.06%
TDY	B	0.06%
FDS	B	0.06%
LH	C	0.06%
FFIV	B	0.06%
LVS	C	0.06%
GPC	D	0.06%
EPAM	C	0.06%
WDC	D	0.06%
DKNG	B	0.06%
SUI	D	0.06%
LYV	A	0.06%
TW	A	0.06%
WSM	B	0.06%
BURL	A	0.06%
PODD	C	0.06%
INVH	D	0.06%
BBY	D	0.06%
TFX	F	0.05%
DOC	D	0.05%
DLTR	F	0.05%
GLPI	C	0.05%
CBOE	B	0.05%
DKS	C	0.05%
PSTG	D	0.05%
TOST	B	0.05%
TWLO	A	0.05%
SMCI	F	0.05%
ENTG	D	0.05%
ZS	C	0.05%
TER	D	0.05%
GEN	B	0.05%
DT	C	0.05%
ALGN	D	0.05%
ARE	D	0.05%
TRMB	B	0.05%
SBAC	D	0.05%
DPZ	C	0.05%
STE	F	0.05%
KIM	A	0.05%
HOOD	B	0.05%
BAX	D	0.05%
DG	F	0.05%
ROKU	D	0.04%
AMH	D	0.04%
JNPR	F	0.04%
CG	A	0.04%
LKQ	D	0.04%
KMX	B	0.04%
SNAP	C	0.04%
OKTA	C	0.04%
DVA	B	0.04%
IOT	A	0.04%
BXP	D	0.04%
H	B	0.04%
DGX	A	0.04%
HST	C	0.04%
WPC	D	0.04%
SWKS	F	0.04%
JKHY	D	0.04%
POOL	C	0.04%
AKAM	D	0.04%
UDR	B	0.04%
FSLR	F	0.04%
EQH	B	0.04%
MGM	D	0.03%
ENPH	F	0.03%
CRBG	B	0.03%
CPT	B	0.03%
JBL	B	0.03%
MKTX	D	0.03%
HSIC	B	0.03%
FOXA	B	0.03%
SOLV	C	0.03%
NWSA	B	0.03%
ELS	C	0.03%
IPG	D	0.03%
ALLY	C	0.03%
REG	B	0.03%
QRVO	F	0.02%
SEIC	B	0.02%
WYNN	D	0.02%
BEN	C	0.02%
FOX	A	0.02%
PARA	C	0.02%
WBA	F	0.02%
AGCO	D	0.02%
MTCH	D	0.02%
BBWI	D	0.02%
ACI	C	0.02%
BSY	D	0.02%

GLBL Underweight 66 Positions Relative to RAYD

Symbol	Grade	Weight
SPOT	B	-2.2%
BKNG	A	-1.88%
BRBR	A	-1.62%
LLY	F	-1.51%
MO	A	-1.32%
SFM	A	-1.19%
MMM	D	-1.18%
T	A	-1.15%
PGR	A	-1.11%
COKE	C	-0.99%
CL	D	-0.95%
MUSA	A	-0.92%
CVLT	B	-0.87%
ADP	B	-0.86%
ALL	A	-0.82%
THC	D	-0.8%
PM	B	-0.79%
EVR	B	-0.72%
MORN	B	-0.68%
EXEL	B	-0.63%
TRGP	B	-0.6%
HRB	D	-0.56%
PG	A	-0.54%
MRK	F	-0.51%
ANF	C	-0.48%
MTG	C	-0.48%
FICO	B	-0.47%
LMT	D	-0.45%
WING	D	-0.45%
DECK	A	-0.43%
ABBV	D	-0.42%
JNJ	D	-0.39%
ALNY	D	-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%
TXRH	C	-0.33%
GWRE	A	-0.31%
CNA	B	-0.29%
SMAR	A	-0.29%
AZO	C	-0.29%
HIG	B	-0.28%
CHKP	D	-0.25%
HSBH	B	-0.24%
HLI	B	-0.23%
LPX	B	-0.23%
TSN	B	-0.23%
XRX	F	-0.22%
LDOS	C	-0.21%
UBER	D	-0.21%
FTI	A	-0.2%
UTHR	C	-0.2%
LOGI	D	-0.19%
RGLD	C	-0.19%
LULU	C	-0.18%
VZ	C	-0.18%
WWD	B	-0.17%
MNDY	C	-0.16%
AER	B	-0.16%
NRG	B	-0.16%
CYBR	B	-0.16%
RPRX	D	-0.16%
ERIE	D	-0.16%