LGLV vs. RAYD ETF Comparison

Comparison of SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

LGLV

SPDR SSGA US Large Cap Low Volatility Index ETF

LGLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Large Cap Low Volatility Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the stocks of U.S. large capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stock's price over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$175.44

Average Daily Volume

18,622

Number of Holdings ^*

161

* 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	LGLV	RAYD
30 Days	2.50%	4.23%
60 Days	3.84%	5.09%
90 Days	6.74%	6.59%
12 Months	27.62%	37.58%

26 Overlapping Holdings

Symbol	Grade	Weight in LGLV	Weight in RAYD	Overlap
ADP	B	0.74%	0.86%	0.74%
ALL	A	0.81%	0.82%	0.81%
AZO	C	0.48%	0.29%	0.29%
CHKP	D	0.61%	0.25%	0.25%
CL	D	1.26%	0.95%	0.95%
CNA	B	0.47%	0.29%	0.29%
COR	B	0.73%	0.56%	0.56%
COST	B	0.72%	2.39%	0.72%
GOOGL	C	0.53%	2.82%	0.53%
GRMN	B	0.71%	0.35%	0.35%
HLI	B	0.46%	0.23%	0.23%
JNJ	D	0.98%	0.39%	0.39%
LMT	D	0.77%	0.45%	0.45%
MCK	B	0.79%	1.25%	0.79%
MMM	D	0.72%	1.18%	0.72%
MRK	F	0.52%	0.51%	0.51%
MSFT	F	0.66%	4.67%	0.66%
MSI	B	0.81%	0.79%	0.79%
ORI	A	0.35%	0.35%	0.35%
PG	A	1.02%	0.54%	0.54%
PGR	A	0.98%	1.11%	0.98%
T	A	0.71%	1.15%	0.71%
UNH	C	0.79%	0.19%	0.19%
V	A	0.64%	0.48%	0.48%
VRSN	F	0.49%	0.26%	0.26%
VZ	C	0.9%	0.18%	0.18%

LGLV Overweight 135 Positions Relative to RAYD

Symbol	Grade	Weight
WMT	A	1.34%
XEL	A	1.22%
APD	A	1.19%
PEP	F	1.18%
PEG	A	1.14%
LIN	D	1.13%
DUK	C	1.09%
AVB	B	1.06%
RSG	A	1.05%
GIS	D	1.05%
EQR	B	1.02%
SO	D	1.02%
PSA	D	1.01%
WEC	A	1.0%
VMC	B	0.99%
BRK.A	B	0.95%
EQIX	A	0.93%
ED	D	0.93%
DTE	C	0.91%
AEE	A	0.88%
MMC	B	0.88%
NDAQ	A	0.88%
TRV	B	0.85%
WM	A	0.85%
AJG	B	0.84%
CME	A	0.83%
K	A	0.83%
BRO	B	0.83%
MCD	D	0.82%
KMI	A	0.82%
BMY	B	0.78%
AMT	D	0.78%
PKG	A	0.77%
MKL	A	0.76%
FI	A	0.75%
INVH	D	0.74%
CB	C	0.72%
CMS	C	0.72%
ORCL	B	0.71%
WTW	B	0.7%
AON	A	0.7%
AFL	B	0.7%
BDX	F	0.7%
EA	A	0.7%
GD	F	0.68%
NOC	D	0.68%
ICE	C	0.68%
OTIS	C	0.67%
MAA	B	0.67%
WRB	A	0.66%
BAH	F	0.66%
PAYX	C	0.66%
TJX	A	0.65%
FDS	B	0.65%
TYL	B	0.64%
ETN	A	0.64%
ABT	B	0.64%
IBM	C	0.63%
NI	A	0.6%
HON	B	0.6%
IEX	B	0.6%
FOXA	B	0.59%
MDT	D	0.59%
J	F	0.59%
VRSK	A	0.58%
FAST	B	0.58%
WMB	A	0.58%
ROP	B	0.57%
L	A	0.56%
SUI	D	0.56%
AVY	D	0.56%
CASY	A	0.55%
BR	A	0.55%
TXN	C	0.55%
RYAN	B	0.54%
PCAR	B	0.54%
AME	A	0.54%
GGG	B	0.53%
AMCR	D	0.53%
ORLY	B	0.52%
UDR	B	0.52%
CSCO	B	0.52%
TSCO	D	0.51%
ITW	B	0.51%
HD	A	0.51%
ROL	B	0.47%
ELS	C	0.47%
UNP	C	0.47%
NDSN	B	0.46%
CMCSA	B	0.45%
CHRW	C	0.45%
CPT	B	0.45%
AMH	D	0.45%
SBUX	A	0.44%
LNG	B	0.44%
JKHY	D	0.44%
NVR	D	0.43%
SCI	B	0.43%
ACN	C	0.43%
AIZ	A	0.41%
ATR	B	0.4%
YUM	B	0.4%
FTV	C	0.4%
LOW	D	0.38%
DTM	B	0.36%
GL	B	0.36%
AKAM	D	0.36%
CACI	D	0.36%
CSGP	D	0.36%
DOX	D	0.35%
CVX	A	0.33%
CBSH	A	0.32%
XOM	B	0.32%
DCI	B	0.32%
GPK	C	0.31%
SEIC	B	0.31%
TTC	D	0.3%
EGP	F	0.29%
CHE	D	0.29%
DLB	B	0.28%
ADC	B	0.28%
RLI	B	0.26%
FR	C	0.26%
CDP	C	0.25%
GNTX	C	0.24%
SAIC	F	0.23%
LSTR	D	0.23%
MSA	D	0.23%
CWST	A	0.22%
SIGI	C	0.21%
DG	F	0.19%
MMS	F	0.18%
SON	D	0.17%
NEU	C	0.14%
SOLV	C	0.1%

LGLV Underweight 85 Positions Relative to RAYD

Symbol	Grade	Weight
NVDA	C	-5.62%
AAPL	C	-5.42%
AMZN	C	-3.47%
SPOT	B	-2.2%
BKNG	A	-1.88%
BRBR	A	-1.62%
LLY	F	-1.51%
META	D	-1.48%
MELI	D	-1.39%
MO	A	-1.32%
SFM	A	-1.19%
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%
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%
CRWD	B	-0.55%
DFS	B	-0.51%
TEAM	A	-0.49%
ANF	C	-0.48%
MTG	C	-0.48%
FICO	B	-0.47%
WING	D	-0.45%
PANW	C	-0.45%
DECK	A	-0.43%
ABBV	D	-0.42%
GOOG	C	-0.39%
RBLX	C	-0.38%
ALNY	D	-0.36%
CMG	B	-0.36%
GM	B	-0.35%
WFRD	D	-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%
GDDY	A	-0.29%
SMAR	A	-0.29%
MCO	B	-0.29%
LPLA	A	-0.28%
HIG	B	-0.28%
DOCU	A	-0.26%
HSBH	B	-0.24%
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%
HPQ	B	-0.2%
MANH	D	-0.2%
FTI	A	-0.2%
UTHR	C	-0.2%
LOGI	D	-0.19%
RGLD	C	-0.19%
LULU	C	-0.18%
DXCM	D	-0.18%
STX	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%