RAYJ vs. CLNR ETF Comparison
Comparison of Rayliant SMDAM Japan Equity ETF (RAYJ) to IQ Cleaner Transport ETF (CLNR)
RAYJ
Rayliant SMDAM Japan Equity ETF
RAYJ Description
RAYJ focuses on achieving long-term capital growth through investments in Japanese companies, primarily common and preferred stocks. The fund prioritizes firms with sustainable earnings growth, strong market positions, and a track record of innovation. Investment decisions are informed by fundamental research, considering factors such as historical and projected cash flow stability, quality of management teams, and governance standards. Additionally, RAYJ employs derivatives like futures contracts for risk management purposes, including hedging and optimizing cash positions. Sector allocations are adjusted dynamically based on market trends and opportunities. RAYJ seeks to strategically position itself within Japan's equity market to capitalize on sustained growth potential.
Grade (RS Rating)
Last Trade
$27.10
Average Daily Volume
2,997
2
CLNR
IQ Cleaner Transport ETF
CLNR Description
The CLNR IQ Cleaner Transport ETF tracks the IQ Cleaner Transport Index, which is designed to deliver exposure to global companies that support the transition to more sustainable and efficient modes of transportation, which includes supporting technology and infrastructure.Grade (RS Rating)
Last Trade
$22.79
Average Daily Volume
720
27
Performance
Period | RAYJ | CLNR |
---|---|---|
30 Days | 2.51% | -3.06% |
60 Days | -3.01% | -4.20% |
90 Days | 0.28% | -3.99% |
12 Months | 8.65% |
1 Overlapping Holdings
Symbol | Grade | Weight in RAYJ | Weight in CLNR | Overlap | |
---|---|---|---|---|---|
TM | F | 3.3% | 2.81% | 2.81% |
RAYJ Overweight 1 Positions Relative to CLNR
Symbol | Grade | Weight | |
---|---|---|---|
MUFG | B | 5.94% |
RAYJ Underweight 26 Positions Relative to CLNR
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | B | -4.52% | |
INTC | C | -3.54% | |
GOOGL | C | -3.35% | |
GE | D | -3.18% | |
AAPL | C | -3.1% | |
ABBV | F | -3.07% | |
TXN | C | -2.99% | |
NEE | C | -2.91% | |
AMD | F | -2.91% | |
NXPI | D | -2.72% | |
EXC | C | -1.97% | |
HMC | F | -1.78% | |
WAB | B | -1.77% | |
FSLR | F | -1.02% | |
APTV | F | -0.76% | |
LI | F | -0.63% | |
NIO | F | -0.44% | |
ENPH | F | -0.43% | |
XPEV | C | -0.41% | |
RIVN | F | -0.38% | |
ITRI | C | -0.3% | |
BE | B | -0.29% | |
ARRY | F | -0.29% | |
PLUG | F | -0.27% | |
SEDG | F | -0.14% | |
LCID | F | -0.13% |
RAYJ: Top Represented Industries & Keywords
CLNR: Top Represented Industries & Keywords