RAYD vs. MUSQ ETF Comparison

Comparison of The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD) to MUSQ Global Music Industry ETF (MUSQ)
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

$30.88

Average Daily Volume

6,165

Number of Holdings *

108

* may have additional holdings in another (foreign) market
MUSQ

MUSQ Global Music Industry ETF

MUSQ Description The index is comprised of publicly-traded global companies that generate at least 50% of their annual revenue or $1 billion in annual sales from one or more of the sub-segments of the global music industry. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of Global Music Investments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.50

Average Daily Volume

604

Number of Holdings *

9

* may have additional holdings in another (foreign) market
Performance
Period RAYD MUSQ
30 Days 2.15% 0.24%
60 Days 5.88% -2.12%
90 Days 4.93% -2.96%
12 Months 33.74% 1.91%
4 Overlapping Holdings
Symbol Grade Weight in RAYD Weight in MUSQ Overlap
AAPL C 5.36% 5.3% 5.3%
AMZN C 3.22% 5.07% 3.22%
GOOGL D 2.67% 4.66% 2.67%
SPOT C 1.54% 3.71% 1.54%
RAYD Overweight 104 Positions Relative to MUSQ
Symbol Grade Weight
NVDA C 5.74%
MSFT C 4.92%
COST C 2.4%
BKNG B 2.22%
LLY D 1.75%
EME B 1.57%
META B 1.51%
BRBR B 1.42%
MELI C 1.26%
T B 1.16%
PGR C 1.11%
ALL C 1.03%
MCK F 1.0%
MO C 0.95%
MA B 0.92%
SFM B 0.92%
MUSA D 0.9%
HCA B 0.87%
DTM C 0.87%
NVS C 0.84%
CL C 0.81%
MMM B 0.8%
COKE C 0.77%
MU D 0.76%
MORN C 0.65%
EVR B 0.64%
MRK F 0.61%
PG C 0.59%
IBM B 0.58%
NFLX B 0.57%
VRSK D 0.52%
PM C 0.52%
ADP C 0.51%
THC C 0.51%
CVLT B 0.5%
ABBV B 0.49%
ANF D 0.48%
EXEL C 0.48%
MEDP F 0.47%
CRWD D 0.46%
MSI B 0.45%
DECK C 0.45%
V C 0.44%
PRU C 0.44%
JNJ C 0.43%
DFS C 0.42%
PANW D 0.4%
FICO B 0.4%
ALNY C 0.39%
CMG D 0.37%
GOOG D 0.37%
WFRD F 0.36%
APP C 0.35%
ORI B 0.34%
RGA C 0.33%
TEAM D 0.33%
INTC D 0.33%
HRB C 0.3%
GRMN D 0.3%
CHKP B 0.29%
HIG B 0.29%
TMUS B 0.29%
VEEV C 0.28%
GS B 0.28%
VRSN C 0.27%
WING C 0.27%
GRAB B 0.27%
TW B 0.26%
GDDY C 0.25%
UBER C 0.24%
XRX D 0.23%
ERIE B 0.23%
TSN D 0.23%
NTAP D 0.23%
DASH B 0.23%
STX B 0.22%
DOCU C 0.22%
LOGI D 0.22%
HPQ C 0.21%
VZ A 0.21%
DIS D 0.21%
MANH B 0.21%
MTG B 0.21%
LPLA D 0.21%
TRGP C 0.2%
UHS C 0.2%
FANG F 0.2%
HLI C 0.2%
RGLD C 0.2%
MNDY C 0.19%
UNH C 0.19%
UTHR B 0.19%
FTI D 0.19%
FTNT B 0.19%
LMT A 0.19%
WWD C 0.18%
DXCM F 0.18%
DBX C 0.18%
RPRX C 0.18%
CYBR B 0.17%
AER C 0.17%
NRG B 0.17%
LDOS A 0.17%
LULU D 0.16%
RAYD Underweight 5 Positions Relative to MUSQ
Symbol Grade Weight
SONY C -4.56%
LVO F -2.95%
LYV A -2.83%
MDIA F -2.82%
MSGE B -2.81%
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