RAYD vs. DFLV ETF Comparison

Comparison of The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD) to Dimensional US Large Cap Value ETF (DFLV)

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

DFLV

Dimensional US Large Cap Value ETF

DFLV Description

To achieve the U.S. Large Cap Value ETF"s investment objective, the Advisor implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in securities of large cap U.S. companies.

Grade (RS Rating)

Last Trade

$32.43

Average Daily Volume

326,007

Number of Holdings ^*

330

* may have additional holdings in another (foreign) market

Performance

Period	RAYD	DFLV
30 Days	4.23%	4.48%
60 Days	5.09%	5.88%
90 Days	6.59%	7.25%
12 Months	37.58%	30.40%

24 Overlapping Holdings

Symbol	Grade	Weight in RAYD	Weight in DFLV	Overlap
ALL	A	0.82%	0.16%	0.16%
CNA	B	0.29%	0.0%	0.0%
DFS	B	0.51%	0.66%	0.51%
DIS	B	0.22%	0.48%	0.22%
GM	B	0.35%	0.9%	0.35%
GRMN	B	0.35%	0.47%	0.35%
GS	A	0.33%	1.15%	0.33%
HIG	B	0.28%	0.64%	0.28%
HPQ	B	0.2%	0.27%	0.2%
INTC	D	0.33%	0.33%	0.33%
JNJ	D	0.39%	1.13%	0.39%
LDOS	C	0.21%	0.19%	0.19%
MRK	F	0.51%	0.02%	0.02%
MU	D	0.66%	0.34%	0.34%
NRG	B	0.16%	0.17%	0.16%
T	A	1.15%	1.27%	1.15%
THC	D	0.8%	0.1%	0.1%
TMUS	B	0.34%	0.92%	0.34%
TSN	B	0.23%	0.43%	0.23%
UHS	D	0.16%	0.2%	0.16%
UNH	C	0.19%	1.04%	0.19%
UTHR	C	0.2%	0.15%	0.15%
VZ	C	0.18%	1.37%	0.18%
ZM	B	0.34%	0.06%	0.06%

RAYD Overweight 87 Positions Relative to DFLV

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%
BRBR	A	1.62%
LLY	F	1.51%
META	D	1.48%
MELI	D	1.39%
MO	A	1.32%
MCK	B	1.25%
SFM	A	1.19%
MMM	D	1.18%
PGR	A	1.11%
COKE	C	0.99%
HCA	F	0.98%
CL	D	0.95%
MUSA	A	0.92%
CVLT	B	0.87%
ADP	B	0.86%
PM	B	0.79%
MSI	B	0.79%
APP	B	0.74%
EVR	B	0.72%
MORN	B	0.68%
NFLX	A	0.64%
EXEL	B	0.63%
DASH	A	0.62%
TRGP	B	0.6%
FTNT	C	0.58%
HRB	D	0.56%
COR	B	0.56%
CRWD	B	0.55%
PG	A	0.54%
TEAM	A	0.49%
ANF	C	0.48%
MTG	C	0.48%
V	A	0.48%
FICO	B	0.47%
LMT	D	0.45%
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%
WFRD	D	0.35%
ORI	A	0.35%
GRAB	B	0.34%
CAH	B	0.33%
TXRH	C	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%
AZO	C	0.29%
LPLA	A	0.28%
VRSN	F	0.26%
DOCU	A	0.26%
CHKP	D	0.25%
HSBH	B	0.24%
HLI	B	0.23%
LPX	B	0.23%
XRX	F	0.22%
RMD	C	0.21%
NTAP	C	0.21%
UBER	D	0.21%
MANH	D	0.2%
FTI	A	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%
CYBR	B	0.16%
RPRX	D	0.16%
ERIE	D	0.16%

RAYD Underweight 306 Positions Relative to DFLV

Symbol	Grade	Weight
JPM	A	-5.12%
XOM	B	-4.17%
BRK.A	B	-2.15%
CVX	A	-2.12%
CSCO	B	-1.73%
CMCSA	B	-1.52%
WFC	A	-1.49%
CRM	B	-1.39%
COP	C	-1.25%
BAC	A	-1.01%
MS	A	-1.0%
ABT	B	-0.85%
PCAR	B	-0.82%
ELV	F	-0.79%
GILD	C	-0.76%
RTX	C	-0.76%
GLW	B	-0.75%
CMI	A	-0.74%
CI	F	-0.73%
TMO	F	-0.72%
DHR	F	-0.72%
BK	A	-0.71%
NUE	C	-0.69%
DOW	F	-0.66%
KR	B	-0.66%
MDT	D	-0.66%
ADI	D	-0.65%
CTSH	B	-0.64%
VLO	C	-0.63%
MDLZ	F	-0.62%
TRV	B	-0.62%
DE	A	-0.61%
JCI	C	-0.6%
CB	C	-0.6%
FDX	B	-0.6%
LIN	D	-0.58%
FANG	D	-0.58%
NSC	B	-0.58%
BKR	B	-0.58%
PRU	A	-0.57%
STLD	B	-0.57%
DAL	C	-0.56%
URI	B	-0.56%
AIG	B	-0.54%
F	C	-0.53%
AMD	F	-0.53%
IR	B	-0.53%
MLM	B	-0.52%
EOG	A	-0.5%
PHM	D	-0.5%
GIS	D	-0.5%
VMC	B	-0.5%
PSX	C	-0.5%
MPC	D	-0.5%
RF	A	-0.5%
CBRE	B	-0.49%
LEN	D	-0.48%
EBAY	D	-0.47%
COF	B	-0.47%
GD	F	-0.47%
APD	A	-0.46%
FCX	D	-0.44%
LYB	F	-0.44%
BDX	F	-0.44%
ETN	A	-0.44%
LH	C	-0.43%
MET	A	-0.42%
GEHC	F	-0.42%
REGN	F	-0.42%
AME	A	-0.42%
RJF	A	-0.41%
FIS	C	-0.41%
STZ	D	-0.41%
BMY	B	-0.41%
TXT	D	-0.4%
KVUE	A	-0.4%
ACGL	D	-0.4%
FITB	A	-0.4%
C	A	-0.39%
DHI	D	-0.38%
KMI	A	-0.37%
UAL	A	-0.37%
TGT	F	-0.37%
FI	A	-0.37%
EA	A	-0.37%
CSX	B	-0.36%
PPG	F	-0.35%
DOV	A	-0.35%
CVS	D	-0.35%
EG	C	-0.34%
HPE	B	-0.34%
OKE	A	-0.33%
LHX	C	-0.33%
DOX	D	-0.33%
PFE	D	-0.32%
KDP	D	-0.31%
NOC	D	-0.31%
OC	A	-0.31%
L	A	-0.3%
NEM	D	-0.3%
WMB	A	-0.3%
CARR	D	-0.29%
WAB	B	-0.29%
PWR	A	-0.29%
BLDR	D	-0.28%
EMR	A	-0.28%
DVN	F	-0.28%
AFL	B	-0.27%
CNC	D	-0.27%
USB	A	-0.26%
PNR	A	-0.26%
ON	D	-0.25%
HAL	C	-0.25%
DGX	A	-0.25%
PYPL	B	-0.25%
PKG	A	-0.25%
PNC	B	-0.25%
SNA	A	-0.24%
PH	A	-0.24%
ZBH	C	-0.24%
MTB	A	-0.23%
SYF	B	-0.22%
BALL	D	-0.21%
KEYS	A	-0.21%
TROW	B	-0.21%
TTWO	A	-0.21%
FSLR	F	-0.2%
USFD	A	-0.2%
DD	D	-0.2%
MRVL	B	-0.2%
SQ	B	-0.2%
STE	F	-0.19%
CTRA	B	-0.19%
OTIS	C	-0.19%
CTVA	C	-0.19%
FCNCA	A	-0.19%
RS	B	-0.19%
PFG	D	-0.18%
FTV	C	-0.18%
CF	B	-0.18%
SSNC	B	-0.17%
CSL	C	-0.17%
STT	A	-0.17%
OMC	C	-0.16%
KHC	F	-0.16%
TOL	B	-0.15%
HOLX	D	-0.15%
WTW	B	-0.15%
GPC	D	-0.15%
IP	B	-0.15%
GPN	B	-0.15%
BIIB	F	-0.14%
EMN	D	-0.14%
AKAM	D	-0.14%
EW	C	-0.14%
XYL	D	-0.14%
OXY	D	-0.14%
CPB	D	-0.13%
RSG	A	-0.13%
BG	F	-0.13%
TFC	A	-0.13%
AMCR	D	-0.13%
SJM	D	-0.12%
MKL	A	-0.12%
DLTR	F	-0.12%
WDC	D	-0.12%
MOH	F	-0.12%
ZBRA	B	-0.12%
FOXA	B	-0.12%
HBAN	A	-0.12%
ROP	B	-0.11%
HUM	C	-0.11%
NTRS	A	-0.11%
FLEX	A	-0.11%
SWKS	F	-0.11%
LUV	C	-0.11%
WRB	A	-0.11%
BWA	D	-0.1%
J	F	-0.1%
JBHT	C	-0.1%
TRU	D	-0.1%
CRBG	B	-0.09%
ADM	D	-0.09%
APTV	D	-0.09%
CASY	A	-0.09%
MRO	B	-0.09%
IFF	D	-0.09%
JNPR	F	-0.09%
TDY	B	-0.09%
UHAL	D	-0.08%
BLK	C	-0.08%
OVV	B	-0.08%
AVTR	F	-0.08%
PFGC	B	-0.08%
JLL	D	-0.07%
VTRS	A	-0.07%
TRMB	B	-0.07%
FNF	B	-0.07%
ACI	C	-0.07%
EQT	B	-0.07%
CE	F	-0.07%
NWSA	B	-0.07%
KEY	B	-0.07%
HES	B	-0.07%
SW	A	-0.07%
LKQ	D	-0.07%
CRL	C	-0.07%
CAG	D	-0.06%
HRL	D	-0.06%
FFIV	B	-0.06%
FOX	A	-0.06%
IPG	D	-0.06%
SLB	C	-0.06%
GL	B	-0.06%
CINF	A	-0.06%
IEX	B	-0.05%
BAX	D	-0.05%
MKC	D	-0.05%
WBD	C	-0.05%
CSGP	D	-0.05%
NDSN	B	-0.04%
ENTG	D	-0.04%
WLK	D	-0.04%
ALLY	C	-0.04%
DAR	C	-0.04%
RNR	C	-0.04%
CCL	B	-0.04%
CME	A	-0.04%
JBL	B	-0.04%
CLH	B	-0.04%
SWK	D	-0.04%
CFG	B	-0.04%
MRNA	F	-0.04%
SCHW	B	-0.04%
EPAM	C	-0.03%
GFS	C	-0.03%
CHTR	C	-0.03%
DINO	D	-0.03%
TAP	C	-0.03%
ICLR	D	-0.03%
BMRN	D	-0.03%
EWBC	A	-0.03%
DG	F	-0.03%
RGA	A	-0.03%
SOLV	C	-0.02%
HII	D	-0.02%
RVTY	F	-0.02%
HSIC	B	-0.02%
ICE	C	-0.02%
FBIN	D	-0.02%
NWS	B	-0.02%
OKTA	C	-0.02%
CHD	B	-0.02%
BLD	D	-0.02%
CCK	C	-0.02%
PR	B	-0.02%
DKS	C	-0.02%
Z	A	-0.02%
TFX	F	-0.02%
ARMK	B	-0.02%
TWLO	A	-0.01%
GGG	B	-0.01%
IQV	D	-0.01%
AFG	A	-0.01%
CNH	C	-0.01%
MOS	F	-0.01%
IVZ	B	-0.01%
WBA	F	-0.01%
SNX	C	-0.01%
LEA	D	-0.01%
WBS	A	-0.01%
SIRI	C	-0.01%
H	B	-0.01%
FTRE	D	-0.01%
ILMN	D	-0.01%
MHK	D	-0.01%
BBY	D	-0.01%
BSX	B	-0.01%
INCY	C	-0.01%
PAG	B	-0.01%
KNX	B	-0.01%
AR	B	-0.01%
QRVO	F	-0.01%
NVT	B	-0.01%
KMX	B	-0.01%
ZG	A	-0.0%
LEN	D	-0.0%
HOOD	B	-0.0%
ST	F	-0.0%
ALGN	D	-0.0%
GNTX	C	-0.0%
ARW	D	-0.0%
GXO	B	-0.0%
MTDR	B	-0.0%
CW	B	-0.0%
MNST	C	-0.0%
HAS	D	-0.0%
COTY	F	-0.0%
NDAQ	A	-0.0%
CG	A	-0.0%
TPR	B	-0.0%
ACM	A	-0.0%
ALV	C	-0.0%
CZR	F	-0.0%
UHAL	D	-0.0%
UNM	A	-0.0%