RAYJ vs. JPAN ETF Comparison

Comparison of Rayliant SMDAM Japan Equity ETF (RAYJ) to Matthews Japan Active ETF (JPAN)

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 ^*

2

* may have additional holdings in another (foreign) market

JPAN

Matthews Japan Active ETF

JPAN Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Japan.

Grade (RS Rating)

Last Trade

$30.41

Average Daily Volume

1,125

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	RAYJ	JPAN
30 Days	2.51%	-0.29%
60 Days	-3.01%	-4.85%
90 Days	0.28%	-4.71%
12 Months		20.96%

1 Overlapping Holdings

	Symbol	Grade	Weight in RAYJ	Weight in JPAN	Overlap
	MUFG	B	5.94%	5.06%	5.06%

RAYJ Overweight 1 Positions Relative to JPAN

	Symbol	Grade	Weight
	TM	F	3.3%

RAYJ Underweight 2 Positions Relative to JPAN

	Symbol	Grade	Weight
	SONY	B	-4.93%
	SMFG	B	-2.94%

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

JPAN: Top Represented Industries & Keywords

Industries: Banks - Global Consumer Electronics

Keywords: Advisory Services Bank Consumer Finance Financial Products Investment Banking Investment Banking Services Mitsui Project Finance Settlement Services Structured Finance Animation Asset And Liability Management Asset Management Bank Account Bank Deposits Banking Care Insurance Products Cash Management Cash Management Services Commercial Banking