IJK vs. RAYD ETF Comparison

Comparison of iShares S&P Mid-Cap 400 Growth ETF (IJK) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

IJK

iShares S&P Mid-Cap 400 Growth ETF

IJK Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P MidCap 400Â® Growth Index (the "underlying index"), which measures the performance of the mid-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$97.93

Average Daily Volume

422,281

Number of Holdings ^*

253

* 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	IJK	RAYD
30 Days	7.11%	4.23%
60 Days	6.21%	5.09%
90 Days	6.97%	6.59%
12 Months	34.17%	37.58%

20 Overlapping Holdings

Symbol	Grade	Weight in IJK	Weight in RAYD	Overlap
ANF	C	0.48%	0.48%	0.48%
BRBR	A	0.32%	1.62%	0.32%
COKE	C	0.47%	0.99%	0.47%
CVLT	B	0.29%	0.87%	0.29%
EVR	B	0.48%	0.72%	0.48%
EXEL	B	0.64%	0.63%	0.63%
HLI	B	0.64%	0.23%	0.23%
HRB	D	0.55%	0.56%	0.55%
LPX	B	0.3%	0.23%	0.23%
MANH	D	1.09%	0.2%	0.2%
MORN	B	0.6%	0.68%	0.6%
MTG	C	0.16%	0.48%	0.16%
MUSA	A	0.65%	0.92%	0.65%
RGLD	C	0.31%	0.19%	0.19%
SFM	A	0.38%	1.19%	0.38%
TXRH	C	0.86%	0.33%	0.33%
UTHR	C	0.48%	0.2%	0.2%
WFRD	D	0.39%	0.35%	0.35%
WING	D	0.61%	0.45%	0.45%
WWD	B	0.66%	0.17%	0.17%

IJK Overweight 233 Positions Relative to RAYD

Symbol	Grade	Weight
EME	C	1.52%
CSL	C	1.34%
LII	A	1.28%
WSO	A	1.19%
RS	B	1.12%
TPL	A	1.12%
WSM	B	1.1%
OC	A	1.1%
FIX	A	1.04%
DT	C	1.02%
TOL	B	1.02%
GGG	B	0.99%
PSTG	D	0.97%
CASY	A	0.97%
SAIA	B	0.91%
ITT	A	0.82%
CLH	B	0.82%
NVT	B	0.79%
NBIX	C	0.78%
BWXT	B	0.76%
OVV	B	0.76%
IBKR	A	0.76%
LECO	B	0.76%
DUOL	A	0.75%
FND	C	0.72%
TTEK	F	0.72%
BLD	D	0.68%
BURL	A	0.67%
CHDN	B	0.67%
AIT	A	0.67%
KNSL	B	0.67%
PRI	A	0.66%
EXP	A	0.66%
TPX	B	0.62%
RPM	A	0.62%
WMS	D	0.61%
PR	B	0.61%
RBC	A	0.6%
PEN	B	0.6%
AAON	B	0.59%
AXTA	A	0.58%
CW	B	0.58%
FN	D	0.56%
PCTY	B	0.56%
NYT	C	0.56%
CR	A	0.55%
ELS	C	0.55%
LNW	D	0.54%
SKX	D	0.53%
PLNT	A	0.53%
RRC	B	0.53%
ENSG	D	0.53%
UFPI	B	0.52%
CHRD	D	0.52%
MEDP	D	0.52%
SRPT	D	0.52%
XPO	B	0.52%
EWBC	A	0.51%
HLNE	B	0.51%
ONTO	D	0.51%
SSD	D	0.5%
TREX	C	0.49%
RNR	C	0.49%
WEX	D	0.48%
OLED	D	0.47%
RYAN	B	0.47%
GTLS	B	0.46%
ESAB	B	0.46%
AMH	D	0.46%
ELF	C	0.45%
H	B	0.45%
FCN	D	0.45%
MTDR	B	0.44%
BMRN	D	0.44%
MSA	D	0.44%
LSCC	D	0.44%
RGEN	D	0.43%
ATR	B	0.43%
ACM	A	0.43%
DBX	B	0.42%
LAMR	D	0.42%
SCI	B	0.41%
DKS	C	0.4%
ALTR	B	0.4%
DTM	B	0.4%
AVTR	F	0.39%
CUBE	D	0.39%
CNX	A	0.38%
WTS	B	0.38%
HALO	F	0.38%
GLPI	C	0.38%
CROX	D	0.38%
VNT	B	0.38%
OLLI	D	0.37%
VVV	F	0.36%
RMBS	C	0.36%
NXT	C	0.35%
APPF	B	0.35%
LNTH	D	0.35%
QLYS	C	0.35%
EGP	F	0.34%
DCI	B	0.34%
BYD	C	0.33%
WAL	B	0.33%
CCK	C	0.33%
CHE	D	0.33%
WH	B	0.33%
CG	A	0.33%
AYI	B	0.33%
WTRG	B	0.31%
CNM	D	0.31%
RLI	B	0.31%
FIVE	F	0.31%
CIVI	D	0.3%
LOPE	B	0.3%
MTN	C	0.29%
HQY	B	0.29%
MASI	A	0.29%
LSTR	D	0.29%
GXO	B	0.29%
GNTX	C	0.29%
MTSI	B	0.29%
EHC	B	0.29%
NEU	C	0.28%
OHI	C	0.28%
WLK	D	0.28%
ALV	C	0.28%
EXLS	B	0.27%
FCFS	F	0.27%
LFUS	F	0.27%
CHX	C	0.26%
SEIC	B	0.26%
CIEN	B	0.26%
CBT	C	0.26%
CELH	F	0.26%
BCO	D	0.26%
TTC	D	0.26%
KNF	A	0.25%
BRX	A	0.25%
PNFP	B	0.25%
CACI	D	0.25%
MIDD	C	0.24%
FBIN	D	0.24%
CFR	B	0.24%
MKSI	C	0.23%
MMS	F	0.23%
FLS	B	0.23%
NOVT	D	0.23%
ACHC	F	0.23%
WMG	C	0.23%
KBR	F	0.23%
REXR	F	0.23%
PSN	D	0.22%
INGR	B	0.22%
STAG	F	0.22%
VNOM	A	0.22%
SIGI	C	0.22%
FR	C	0.22%
BRKR	D	0.22%
TKO	B	0.22%
ALTM	C	0.22%
CBSH	A	0.22%
JAZZ	B	0.21%
VOYA	B	0.21%
VAL	D	0.21%
BC	C	0.21%
SLAB	D	0.21%
AZPN	A	0.21%
CGNX	C	0.2%
PK	B	0.2%
ROIV	C	0.2%
CRUS	D	0.2%
DOCS	C	0.2%
KEX	C	0.2%
NNN	D	0.19%
AM	A	0.19%
HAE	C	0.18%
TDC	D	0.18%
MAT	D	0.18%
KBH	D	0.18%
TNL	A	0.17%
COTY	F	0.17%
HWC	B	0.17%
CYTK	F	0.17%
OZK	B	0.17%
HXL	D	0.16%
DLB	B	0.16%
IDA	A	0.16%
EXPO	D	0.16%
ARWR	F	0.15%
EEFT	B	0.15%
EPR	D	0.14%
YETI	C	0.14%
RH	B	0.14%
FFIN	B	0.14%
SLM	A	0.14%
SHC	F	0.14%
SAIC	F	0.14%
CHWY	B	0.13%
TEX	D	0.13%
OLN	D	0.13%
MUR	D	0.13%
GATX	A	0.13%
MSM	C	0.13%
BLKB	B	0.13%
OPCH	D	0.13%
TKR	D	0.12%
CHH	A	0.11%
IBOC	A	0.11%
WEN	D	0.11%
HGV	B	0.11%
ENS	D	0.11%
LANC	C	0.11%
IRDM	D	0.11%
POWI	D	0.11%
CAR	C	0.11%
NSA	D	0.1%
RYN	D	0.1%
AZTA	D	0.09%
NSP	D	0.09%
CDP	C	0.09%
COLM	B	0.09%
CPRI	F	0.08%
SMG	D	0.08%
SYNA	C	0.08%
AMED	F	0.08%
SAM	C	0.08%
ALGM	D	0.07%
LIVN	F	0.07%
VC	D	0.07%
IPGP	D	0.06%
ZI	D	0.06%
EQH	B	0.0%

IJK Underweight 91 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%
LLY	F	-1.51%
META	D	-1.48%
MELI	D	-1.39%
MO	A	-1.32%
MCK	B	-1.25%
MMM	D	-1.18%
T	A	-1.15%
PGR	A	-1.11%
HCA	F	-0.98%
CL	D	-0.95%
ADP	B	-0.86%
ALL	A	-0.82%
THC	D	-0.8%
PM	B	-0.79%
MSI	B	-0.79%
APP	B	-0.74%
MU	D	-0.66%
NFLX	A	-0.64%
DASH	A	-0.62%
TRGP	B	-0.6%
FTNT	C	-0.58%
COR	B	-0.56%
CRWD	B	-0.55%
PG	A	-0.54%
DFS	B	-0.51%
MRK	F	-0.51%
TEAM	A	-0.49%
V	A	-0.48%
FICO	B	-0.47%
LMT	D	-0.45%
PANW	C	-0.45%
DECK	A	-0.43%
ABBV	D	-0.42%
JNJ	D	-0.39%
GOOG	C	-0.39%
RBLX	C	-0.38%
ALNY	D	-0.36%
CMG	B	-0.36%
GM	B	-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%
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%
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%
HPQ	B	-0.2%
FTI	A	-0.2%
LOGI	D	-0.19%
UNH	C	-0.19%
LULU	C	-0.18%
VZ	C	-0.18%
DXCM	D	-0.18%
STX	D	-0.18%
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%