RAYJ vs. IPAC ETF Comparison

Comparison of Rayliant SMDAM Japan Equity ETF (RAYJ) to iShares Core MSCI Pacific ETF (IPAC)

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

$26.92

Average Daily Volume

2,997

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IPAC

iShares Core MSCI Pacific ETF

IPAC Description

The investment seeks to track the investment results of the MSCI Pacific Investable Market Index (IMI). The index is a free float-adjusted market-capitalization weighted index which consists of stocks from the following five countries: Australia, Hong Kong, Japan, New Zealand and Singapore. The index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, financials and industrials companies. The fund generally invests at least 80% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$62.92

Average Daily Volume

66,510

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYJ	IPAC
30 Days	2.51%	-0.62%
60 Days	-3.01%	-4.07%
90 Days	0.28%	-3.07%
12 Months		13.36%

2 Overlapping Holdings

	Symbol	Grade	Weight in RAYJ	Weight in IPAC	Overlap
	MUFG	B	5.94%	1.86%	1.86%
	TM	F	3.3%	2.55%	2.55%

RAYJ Overweight 0 Positions Relative to IPAC

	Symbol	Grade	Weight

RAYJ Underweight 12 Positions Relative to IPAC

Symbol	Grade	Weight
SONY	B	-1.66%
SMFG	B	-1.25%
MFG	A	-0.84%
HMC	F	-0.56%
NMR	B	-0.25%
AGCO	D	-0.09%
MBAVU	C	-0.05%
PIXY	F	-0.02%
CHGX	A	-0.01%
MNTX	B	-0.01%
GCBC	C	-0.0%
RENB	F	-0.0%

RAYJ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global