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

$26.27

Average Daily Volume

3,213

Number of Holdings ^*

2

* 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

$108.18

Average Daily Volume

659,542

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	RAYJ	DXJ
30 Days	-5.40%	0.36%
60 Days	-3.03%	0.74%
90 Days	12.51%	12.14%
12 Months		23.83%

2 Overlapping Holdings

	Symbol	Grade	Weight in RAYJ	Weight in DXJ	Overlap
	MUFG	A	5.51%	4.95%	4.95%
	TM	D	3.47%	4.14%	3.47%

RAYJ Overweight 0 Positions Relative to DXJ

	Symbol	Grade	Weight

RAYJ Underweight 8 Positions Relative to DXJ

	Symbol	Grade	Weight
	SMFG	B	-2.8%
	MFG	A	-2.7%
	HMC	F	-1.6%
	SONY	D	-0.71%
	NMR	D	-0.58%
	AGCO	C	-0.26%
	MNTX	C	-0.02%
	MBAVU	C	-0.02%

RAYJ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global

Keywords: Advisory Services Asset And Liability Management Asset Management Auto Parts Automotive Industry Bank Bank Deposits Care Insurance Products Cars Commercial Paper Consumer Finance Corporate Banking E Commerce Marketplace Financial Products Foreign Exchange Services Fund Management Insurance Products Internet Banking Services Investment Bank Investment Banking

DXJ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Banks - Regional - Asia Capital Markets Consumer Electronics Diversified Industrials Farm & Construction Equipment

Keywords: Advisory Services Bank Financial Products Investment Banking Investment Banking Services Structured Finance Asset And Liability Management Asset Management Automotive Industry Banking Cars Consumer Finance Corporate Banking Financial Advisory Services Investment Bank Investment Product Liability Management Mitsui Mower Passenger Car