RAYJ vs. EWJV ETF Comparison

Comparison of Rayliant SMDAM Japan Equity ETF (RAYJ) to iShares MSCI Japan Value ETF (EWJV)

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

$27.18

Average Daily Volume

2,677

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

EWJV

iShares MSCI Japan Value ETF

EWJV Description

The investment seeks to track the investment results of the MSCI Japan Value Index (USD). The index is a free float weighted index consisting of large- and mid- capitalization Japanese securities exhibiting overall value style characteristics. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.87

Average Daily Volume

59,717

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	RAYJ	EWJV
30 Days	6.25%	2.97%
60 Days	-2.62%	-4.06%
90 Days	1.25%	-4.32%
12 Months		14.41%

2 Overlapping Holdings

	Symbol	Grade	Weight in RAYJ	Weight in EWJV	Overlap
	MUFG	B	5.94%	7.07%	5.94%
	TM	D	3.3%	3.4%	3.3%

RAYJ Overweight 0 Positions Relative to EWJV

	Symbol	Grade	Weight

RAYJ Underweight 5 Positions Relative to EWJV

	Symbol	Grade	Weight
	SMFG	B	-4.75%
	MFG	B	-3.23%
	HMC	F	-2.15%
	NMR	B	-1.01%
	AGCO	D	-0.28%

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

EWJV: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Banks - Regional - Asia Capital Markets 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 Mower Passenger Car Project Finance