RAYD vs. FTQI ETF Comparison

Comparison of The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD) to First Trust Low Beta Income ETF (FTQI)

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

$30.90

Average Daily Volume

6,019

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

FTQI

First Trust Low Beta Income ETF

FTQI Description

The investment seeks to provide current income. The fund will pursue its objective by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of buying U.S. exchange-traded put options on the Standard & Poor's 500(c) Index (the "index") and writing (selling) U.S. exchange-traded covered call options on the index. The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will buy and write will be limited to U.S. exchange-traded securities and options. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.48

Average Daily Volume

107,493

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

Performance

Period	RAYD	FTQI
30 Days	4.53%	3.94%
60 Days	11.75%	9.15%
90 Days	3.14%	1.41%
12 Months	35.91%	21.05%

39 Overlapping Holdings

Symbol	Grade	Weight in RAYD	Weight in FTQI	Overlap
AAPL	C	5.36%	9.16%	5.36%
ABBV	C	0.49%	0.2%	0.2%
ALNY	C	0.39%	0.14%	0.14%
AMZN	C	3.22%	4.34%	3.22%
APP	A	0.35%	0.23%	0.23%
CHKP	A	0.29%	0.82%	0.29%
CL	D	0.81%	0.22%	0.22%
COKE	C	0.77%	0.2%	0.2%
COST	C	2.4%	2.64%	2.4%
CVLT	B	0.5%	0.08%	0.08%
CYBR	C	0.17%	0.22%	0.17%
DOCU	A	0.22%	0.07%	0.07%
ERIE	A	0.23%	0.29%	0.23%
GOOG	B	0.37%	1.76%	0.37%
GOOGL	B	2.67%	1.77%	1.77%
LLY	D	1.75%	1.13%	1.13%
LOGI	D	0.22%	0.11%	0.11%
MANH	A	0.21%	0.21%	0.21%
MEDP	F	0.47%	0.3%	0.3%
META	A	1.51%	4.45%	1.51%
MORN	B	0.65%	0.26%	0.26%
MSFT	D	4.92%	8.38%	4.92%
MSI	A	0.45%	0.2%	0.2%
MUSA	D	0.9%	0.15%	0.15%
NFLX	A	0.57%	2.08%	0.57%
NTAP	D	0.23%	0.84%	0.23%
NVDA	B	5.74%	4.86%	4.86%
PGR	B	1.11%	0.14%	0.14%
RGLD	C	0.2%	0.14%	0.14%
RPRX	D	0.18%	0.14%	0.14%
SFM	A	0.92%	0.1%	0.1%
STX	C	0.22%	0.44%	0.22%
TMUS	A	0.29%	1.54%	0.29%
TW	A	0.26%	0.05%	0.05%
UTHR	C	0.19%	0.18%	0.18%
V	B	0.44%	0.21%	0.21%
VEEV	C	0.28%	0.13%	0.13%
WFRD	F	0.36%	0.34%	0.34%
WWD	C	0.18%	0.25%	0.18%

RAYD Overweight 69 Positions Relative to FTQI

Symbol	Grade	Weight
BKNG	B	2.22%
EME	B	1.57%
SPOT	C	1.54%
BRBR	A	1.42%
MELI	D	1.26%
T	B	1.16%
ALL	A	1.03%
MCK	F	1.0%
MO	D	0.95%
MA	A	0.92%
HCA	C	0.87%
DTM	A	0.87%
NVS	D	0.84%
MMM	C	0.8%
MU	D	0.76%
EVR	C	0.64%
MRK	F	0.61%
PG	D	0.59%
IBM	A	0.58%
VRSK	D	0.52%
PM	D	0.52%
ADP	A	0.51%
THC	D	0.51%
ANF	D	0.48%
EXEL	B	0.48%
CRWD	D	0.46%
DECK	B	0.45%
PRU	B	0.44%
JNJ	D	0.43%
DFS	A	0.42%
PANW	B	0.4%
FICO	C	0.4%
CMG	C	0.37%
ORI	A	0.34%
RGA	B	0.33%
TEAM	D	0.33%
INTC	D	0.33%
HRB	C	0.3%
GRMN	D	0.3%
HIG	A	0.29%
GS	B	0.28%
VRSN	C	0.27%
WING	C	0.27%
GRAB	C	0.27%
GDDY	B	0.25%
UBER	C	0.24%
XRX	D	0.23%
TSN	D	0.23%
DASH	A	0.23%
HPQ	B	0.21%
VZ	C	0.21%
DIS	D	0.21%
MTG	A	0.21%
LPLA	D	0.21%
TRGP	A	0.2%
UHS	D	0.2%
FANG	D	0.2%
HLI	A	0.2%
MNDY	B	0.19%
UNH	B	0.19%
FTI	B	0.19%
FTNT	A	0.19%
LMT	A	0.19%
DXCM	F	0.18%
DBX	C	0.18%
AER	C	0.17%
NRG	A	0.17%
LDOS	A	0.17%
LULU	D	0.16%

RAYD Underweight 155 Positions Relative to FTQI

Symbol	Grade	Weight
AVGO	B	-4.69%
TSLA	C	-2.43%
AMD	C	-1.89%
TXN	C	-1.61%
PEP	F	-1.55%
ADBE	F	-1.51%
CSCO	A	-1.44%
LIN	C	-1.29%
QCOM	D	-1.25%
EQIX	C	-1.24%
INTU	F	-1.23%
CME	A	-0.94%
ORCL	A	-0.69%
SPGI	C	-0.62%
APH	D	-0.54%
OTTR	F	-0.52%
UFPI	C	-0.51%
MGEE	C	-0.5%
CRM	B	-0.49%
PTC	B	-0.48%
LNT	B	-0.48%
DUOL	B	-0.44%
ICLR	F	-0.4%
NOW	B	-0.4%
CASY	D	-0.4%
TYL	D	-0.39%
A	B	-0.39%
WMT	A	-0.37%
ZBRA	B	-0.36%
MPWR	B	-0.35%
BGC	B	-0.35%
SNY	C	-0.34%
AMT	D	-0.33%
NDAQ	C	-0.33%
CG	B	-0.32%
APA	F	-0.31%
TRMD	D	-0.3%
PAGP	B	-0.3%
ANET	A	-0.3%
SBAC	C	-0.3%
TSCO	A	-0.29%
BCPC	C	-0.29%
EVRG	C	-0.25%
IESC	A	-0.24%
BMRN	F	-0.23%
OLED	B	-0.23%
MTSI	B	-0.22%
NBIX	F	-0.22%
EWBC	B	-0.22%
PNFP	B	-0.21%
PTEN	F	-0.21%
PCVX	C	-0.21%
VRNS	B	-0.21%
LITE	A	-0.2%
BNTX	B	-0.2%
OLLI	C	-0.2%
STRL	B	-0.2%
MKSI	F	-0.2%
UMBF	C	-0.2%
ICUI	B	-0.19%
NOVT	C	-0.19%
FFIV	B	-0.19%
ASND	C	-0.19%
DOX	B	-0.18%
PODD	C	-0.18%
EBAY	A	-0.18%
HALO	D	-0.18%
CHRW	C	-0.18%
EXPE	B	-0.18%
IDCC	A	-0.18%
NTRA	A	-0.17%
QRVO	F	-0.17%
SAIA	D	-0.17%
REG	C	-0.17%
SSNC	C	-0.17%
RVMD	B	-0.17%
NTRS	B	-0.16%
TWST	D	-0.16%
TRMB	B	-0.16%
XRAY	D	-0.16%
INCY	B	-0.16%
ULTA	D	-0.16%
EXAS	C	-0.16%
AXON	A	-0.16%
HOOD	B	-0.16%
JBHT	D	-0.15%
ITRI	C	-0.15%
ENSG	D	-0.15%
LECO	D	-0.15%
TECH	D	-0.15%
HBAN	B	-0.15%
JAZZ	F	-0.15%
ACLS	F	-0.15%
FCNCA	D	-0.15%
CINF	A	-0.15%
WIX	D	-0.15%
ARGX	C	-0.15%
VKTX	C	-0.15%
LSTR	F	-0.15%
FITB	C	-0.15%
CAT	A	-0.15%
TTEK	A	-0.15%
SOFI	C	-0.15%
BSY	D	-0.15%
POOL	D	-0.15%
WTW	C	-0.15%
CHDN	C	-0.14%
ZION	D	-0.14%
CYTK	D	-0.14%
XOM	A	-0.14%
MTD	C	-0.14%
AXP	A	-0.14%
LNTH	C	-0.14%
RMD	C	-0.14%
AAON	A	-0.14%
ACHC	F	-0.14%
COIN	F	-0.14%
UPST	C	-0.14%
KRYS	D	-0.13%
GH	F	-0.13%
ETN	B	-0.13%
WAT	B	-0.13%
MASI	B	-0.13%
SRPT	F	-0.13%
MRUS	D	-0.13%
MIDD	D	-0.13%
UFPT	D	-0.12%
LANC	F	-0.12%
LEGN	F	-0.12%
VMC	D	-0.12%
MKTX	B	-0.12%
LOW	C	-0.12%
GE	B	-0.12%
FRPT	A	-0.12%
SHOO	A	-0.12%
PH	A	-0.12%
MDGL	F	-0.12%
TMDX	D	-0.12%
APLS	F	-0.11%
TROW	D	-0.1%
WM	B	-0.1%
DJT	F	-0.1%
CRVL	C	-0.09%
HOLX	D	-0.09%
BL	D	-0.08%
MMYT	B	-0.08%
ACGL	A	-0.06%
CSWI	A	-0.06%
OKTA	F	-0.05%
GEV	A	-0.04%
CVCO	C	-0.04%
NWSA	D	-0.04%
RXST	F	-0.02%
RGEN	F	-0.02%
REYN	D	-0.01%