RAYJ vs. DXJ ETF Comparison

Comparison of Rayliant SMDAM Japan Equity ETF (RAYJ) to WisdomTree Japan Hedged Equity Fund (DXJ)

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

$26.88

Average Daily Volume

3,027

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DXJ

WisdomTree Japan Hedged Equity Fund

DXJ Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese yen relative to the U.S. dollar. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$109.20

Average Daily Volume

525,089

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYJ	DXJ
30 Days	-0.15%	1.54%
60 Days	-3.52%	3.98%
90 Days	2.39%	3.95%
12 Months		24.80%

2 Overlapping Holdings

	Symbol	Grade	Weight in RAYJ	Weight in DXJ	Overlap
	MUFG	B	5.94%	4.7%	4.7%
	TM	F	3.3%	5.19%	3.3%

RAYJ Overweight 0 Positions Relative to DXJ

	Symbol	Grade	Weight

RAYJ Underweight 6 Positions Relative to DXJ

Symbol	Grade	Weight
SMFG	B	-3.24%
HMC	F	-2.71%
MFG	A	-2.43%
SONY	B	-0.97%
NMR	B	-0.62%
MNTX	B	-0.04%

RAYJ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global