IQSU vs. RAYD ETF Comparison

Comparison of IQ Candriam ESG US Equity ETF (IQSU) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

IQSU

IQ Candriam ESG US Equity ETF

IQSU Description

The investment seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the IQ Candriam ESG US Equity Index. The Advisor employs a passive management - or indexing - investment approach designed to track the performance of the underlying index. The underlying index is designed to deliver exposure to equity securities of companies meeting environmental, social and corporate governance (ESG) criteria developed by Candriam and weighted using a market capitalization weighting methodology.

Grade (RS Rating)

Last Trade

$49.60

Average Daily Volume

10,845

Number of Holdings ^*

281

* 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	IQSU	RAYD
30 Days	4.52%	4.23%
60 Days	4.59%	5.09%
90 Days	6.02%	6.59%
12 Months	24.96%	37.58%

40 Overlapping Holdings

Symbol	Grade	Weight in IQSU	Weight in RAYD	Overlap
AAPL	C	9.59%	5.42%	5.42%
ADP	B	0.48%	0.86%	0.48%
ALL	A	0.2%	0.82%	0.2%
ALNY	D	0.12%	0.36%	0.12%
AZO	C	0.2%	0.29%	0.2%
CAH	B	0.11%	0.33%	0.11%
CL	D	0.31%	0.95%	0.31%
CMG	B	0.32%	0.36%	0.32%
CRWD	B	0.31%	0.55%	0.31%
DASH	A	0.22%	0.62%	0.22%
DFS	B	0.17%	0.51%	0.17%
DIS	B	0.82%	0.22%	0.22%
DXCM	D	0.12%	0.18%	0.12%
FICO	B	0.22%	0.47%	0.22%
FTNT	C	0.22%	0.58%	0.22%
GOOG	C	2.55%	0.39%	0.39%
GOOGL	C	2.84%	2.82%	2.82%
HIG	B	0.14%	0.28%	0.14%
HPQ	B	0.14%	0.2%	0.14%
INTC	D	0.4%	0.33%	0.33%
LULU	C	0.13%	0.18%	0.13%
MCO	B	0.3%	0.29%	0.29%
MELI	D	0.36%	1.39%	0.36%
MMM	D	0.28%	1.18%	0.28%
MSFT	F	9.56%	4.67%	4.67%
MSI	B	0.32%	0.79%	0.32%
MU	D	0.43%	0.66%	0.43%
NOW	A	0.82%	0.32%	0.32%
NTAP	C	0.1%	0.21%	0.1%
PANW	C	0.49%	0.45%	0.45%
PG	A	1.58%	0.54%	0.54%
PGR	A	0.59%	1.11%	0.59%
RMD	C	0.14%	0.21%	0.14%
RPRX	D	0.04%	0.16%	0.04%
STX	D	0.07%	0.18%	0.07%
TEAM	A	0.15%	0.49%	0.15%
UNH	C	2.17%	0.19%	0.19%
V	A	1.91%	0.48%	0.48%
VEEV	C	0.12%	0.3%	0.12%
VRSN	F	0.06%	0.26%	0.06%

IQSU Overweight 241 Positions Relative to RAYD

Symbol	Grade	Weight
TSLA	B	3.69%
MA	C	1.66%
HD	A	1.56%
BAC	A	1.23%
CRM	B	1.2%
ACN	C	0.94%
CSCO	B	0.91%
ADBE	C	0.87%
PEP	F	0.86%
AMD	F	0.86%
LIN	D	0.85%
IBM	C	0.77%
GE	D	0.76%
INTU	C	0.7%
TXN	C	0.7%
QCOM	F	0.67%
AXP	A	0.65%
CMCSA	B	0.65%
MS	A	0.65%
SPGI	C	0.62%
NEE	D	0.61%
LOW	D	0.59%
AMAT	F	0.55%
TJX	A	0.54%
BX	A	0.51%
C	A	0.5%
FI	A	0.5%
VRTX	F	0.46%
BMY	B	0.46%
MMC	B	0.43%
GILD	C	0.43%
SBUX	A	0.43%
ADI	D	0.42%
PLD	D	0.41%
KKR	A	0.4%
UPS	C	0.38%
AMT	D	0.37%
TT	A	0.37%
ELV	F	0.37%
CI	F	0.36%
LRCX	F	0.36%
SHW	A	0.35%
PH	A	0.35%
ICE	C	0.35%
PYPL	B	0.35%
WM	A	0.35%
NKE	D	0.35%
EQIX	A	0.34%
MDLZ	F	0.34%
KLAC	D	0.33%
ITW	B	0.32%
ZTS	D	0.32%
PNC	B	0.32%
CME	A	0.32%
WELL	A	0.32%
CDNS	B	0.32%
SNPS	B	0.32%
CTAS	B	0.3%
MRVL	B	0.3%
EMR	A	0.29%
USB	A	0.29%
WMB	A	0.28%
APD	A	0.28%
MAR	B	0.27%
COF	B	0.27%
FDX	B	0.26%
OKE	A	0.26%
APO	B	0.26%
ADSK	A	0.26%
AJG	B	0.25%
DLR	B	0.24%
ECL	D	0.24%
TFC	A	0.24%
HLT	A	0.24%
SLB	C	0.24%
FCX	D	0.24%
ABNB	C	0.23%
ROP	B	0.23%
SRE	A	0.23%
SPG	B	0.23%
BK	A	0.23%
TRV	B	0.23%
CARR	D	0.23%
KMI	A	0.22%
JCI	C	0.22%
AMP	A	0.22%
MPC	D	0.22%
TGT	F	0.22%
AFL	B	0.22%
PSA	D	0.21%
WDAY	B	0.21%
URI	B	0.21%
LNG	B	0.2%
RCL	A	0.2%
PWR	A	0.19%
FIS	C	0.19%
MET	A	0.19%
AIG	B	0.19%
NEM	D	0.19%
BKR	B	0.18%
PCG	A	0.18%
CCI	D	0.18%
PEG	A	0.18%
MSCI	C	0.18%
PRU	A	0.18%
KVUE	A	0.18%
PAYX	C	0.18%
KMB	D	0.18%
VLO	C	0.18%
FAST	B	0.18%
GWW	B	0.18%
EA	A	0.16%
SNOW	C	0.16%
CBRE	B	0.16%
OTIS	C	0.16%
VRSK	A	0.16%
IR	B	0.16%
EW	C	0.16%
CHTR	C	0.15%
YUM	B	0.15%
SYY	B	0.15%
EXC	C	0.15%
KR	B	0.15%
CTSH	B	0.15%
IT	C	0.15%
IDXX	F	0.14%
EXR	D	0.14%
WAB	B	0.14%
MTB	A	0.14%
HUM	C	0.14%
NUE	C	0.14%
MLM	B	0.14%
DELL	C	0.14%
GIS	D	0.14%
GLW	B	0.14%
VMC	B	0.14%
WTW	B	0.13%
ROK	B	0.13%
AVB	B	0.13%
IRM	D	0.13%
HUBS	A	0.13%
ED	D	0.13%
KDP	D	0.13%
ACGL	D	0.13%
GPN	B	0.12%
TSCO	D	0.12%
ANSS	B	0.12%
NDAQ	A	0.12%
TTWO	A	0.12%
EFX	F	0.12%
RJF	A	0.12%
EBAY	D	0.12%
DD	D	0.12%
FITB	A	0.12%
AWK	D	0.11%
CHD	B	0.11%
DOV	A	0.11%
NVR	D	0.11%
HPE	B	0.11%
HAL	C	0.11%
PPG	F	0.11%
KEYS	A	0.11%
ON	D	0.11%
XYL	D	0.11%
KHC	F	0.1%
MTD	D	0.1%
HBAN	A	0.1%
CPAY	A	0.1%
EQR	B	0.1%
HSY	F	0.1%
VTR	C	0.1%
SYF	B	0.1%
BR	A	0.1%
ADM	D	0.1%
MPWR	F	0.1%
FTV	C	0.1%
CBOE	B	0.09%
NTRS	A	0.09%
WBD	C	0.09%
WY	D	0.09%
BIIB	F	0.09%
ZBH	C	0.09%
IFF	D	0.09%
WST	C	0.09%
SBAC	D	0.09%
CDW	F	0.09%
RF	A	0.09%
INVH	D	0.08%
MKC	D	0.08%
OMC	C	0.08%
PFG	D	0.08%
MDB	C	0.08%
ZBRA	B	0.08%
LH	C	0.08%
WDC	D	0.08%
CLX	B	0.08%
CFG	B	0.08%
K	A	0.08%
STE	F	0.08%
LYB	F	0.08%
WAT	B	0.08%
ES	D	0.08%
PKG	A	0.08%
EXPD	D	0.07%
MAS	D	0.07%
ULTA	F	0.07%
BBY	D	0.07%
PINS	D	0.07%
TRMB	B	0.07%
KEY	B	0.07%
DGX	A	0.07%
HOLX	D	0.07%
MAA	B	0.07%
ZS	C	0.07%
TRU	D	0.07%
BALL	D	0.07%
ESS	B	0.07%
APTV	D	0.06%
JBHT	C	0.06%
DOC	D	0.06%
SSNC	B	0.06%
DG	F	0.06%
TER	D	0.06%
EG	C	0.06%
ARE	D	0.06%
GEN	B	0.06%
BMRN	D	0.05%
OKTA	C	0.05%
DLTR	F	0.05%
CAG	D	0.05%
AKAM	D	0.05%
AVTR	F	0.05%
INCY	C	0.05%
SWKS	F	0.05%
EL	F	0.05%
DOX	D	0.04%
SNAP	C	0.04%
CPB	D	0.03%
ENPH	F	0.03%
HRL	D	0.03%
AGR	B	0.01%

IQSU Underweight 71 Positions Relative to RAYD

Symbol	Grade	Weight
NVDA	C	-5.62%
AMZN	C	-3.47%
COST	B	-2.39%
SPOT	B	-2.2%
BKNG	A	-1.88%
BRBR	A	-1.62%
LLY	F	-1.51%
META	D	-1.48%
MO	A	-1.32%
MCK	B	-1.25%
SFM	A	-1.19%
T	A	-1.15%
COKE	C	-0.99%
HCA	F	-0.98%
MUSA	A	-0.92%
CVLT	B	-0.87%
THC	D	-0.8%
PM	B	-0.79%
APP	B	-0.74%
EVR	B	-0.72%
MORN	B	-0.68%
NFLX	A	-0.64%
EXEL	B	-0.63%
TRGP	B	-0.6%
HRB	D	-0.56%
COR	B	-0.56%
MRK	F	-0.51%
ANF	C	-0.48%
MTG	C	-0.48%
LMT	D	-0.45%
WING	D	-0.45%
DECK	A	-0.43%
ABBV	D	-0.42%
JNJ	D	-0.39%
RBLX	C	-0.38%
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%
GS	A	-0.33%
TXRH	C	-0.33%
GWRE	A	-0.31%
CNA	B	-0.29%
GDDY	A	-0.29%
SMAR	A	-0.29%
LPLA	A	-0.28%
DOCU	A	-0.26%
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%
MANH	D	-0.2%
FTI	A	-0.2%
UTHR	C	-0.2%
LOGI	D	-0.19%
RGLD	C	-0.19%
VZ	C	-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%
ERIE	D	-0.16%