REVS vs. RAYD ETF Comparison

Comparison of Columbia Research Enhanced Value ETF (REVS) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

REVS

Columbia Research Enhanced Value ETF

REVS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta AdvantageÂ® Research Enhanced U.S. Value Index. The fund invests at least 80% of its assets in the securities of the index. The index reflects a rules-based strategic beta approach to investing in the companies that comprise the Russell 1000Â® Value Index, designed to achieve stronger total return when compared to the Russell 1000Â® Value Index, which is a broad measure of the performance of U.S. large- and mid-cap value companies.

Grade (RS Rating)

Last Trade

$25.36

Average Daily Volume

11,112

Number of Holdings ^*

301

* may have additional holdings in another (foreign) market

RAYD

The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF

RAYD Description

The Advisors' Inner Circle Fund III - Rayliant Quantitative Developed Market Equity ETF is an exchange traded fund launched by The Advisors Inner Circle Fund III. The fund is managed by Rayliant Investment Research. The fund invests in public equity markets across global developed region. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs quantitative analysis to create its portfolio. The fund employs proprietary and external research to create its portfolio. The Advisors' Inner Circle Fund III - Rayliant Quantitative Developed Market Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$30.88

Average Daily Volume

6,165

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	REVS	RAYD
30 Days	1.75%	2.15%
60 Days	3.99%	5.88%
90 Days	8.84%	4.93%
12 Months	26.88%	33.74%

35 Overlapping Holdings

Symbol	Grade	Weight in REVS	Weight in RAYD	Overlap
ABBV	B	0.78%	0.51%	0.51%
ADP	C	0.09%	0.52%	0.09%
ALL	C	0.41%	1.07%	0.41%
ALNY	C	0.01%	0.39%	0.01%
BKNG	B	0.11%	2.15%	0.11%
BRBR	B	0.1%	1.42%	0.1%
CL	C	0.47%	0.83%	0.47%
COKE	C	0.1%	0.78%	0.1%
DBX	C	0.06%	0.18%	0.06%
DIS	D	1.22%	0.21%	0.21%
EME	B	0.14%	1.53%	0.14%
EXEL	C	0.0%	0.51%	0.0%
FANG	F	0.19%	0.22%	0.19%
FTI	D	0.06%	0.19%	0.06%
FTNT	B	0.14%	0.19%	0.14%
HCA	B	0.75%	0.88%	0.75%
HPQ	C	0.42%	0.2%	0.2%
HRB	C	0.09%	0.3%	0.09%
JNJ	C	5.06%	0.45%	0.45%
LDOS	A	0.24%	0.17%	0.17%
LMT	A	0.94%	0.2%	0.2%
MCK	F	0.46%	1.1%	0.46%
MMM	B	0.7%	0.78%	0.7%
MO	C	1.1%	0.97%	0.97%
MSI	B	0.6%	0.45%	0.45%
MTG	B	0.06%	0.22%	0.06%
NTAP	D	0.22%	0.22%	0.22%
PM	C	2.4%	0.53%	0.53%
PRU	C	0.42%	0.45%	0.42%
RGA	C	0.14%	0.33%	0.14%
RPRX	C	0.14%	0.19%	0.14%
T	B	1.07%	1.2%	1.07%
THC	C	0.21%	0.52%	0.21%
UTHR	B	0.06%	0.19%	0.06%
VRSN	C	0.23%	0.26%	0.23%

REVS Overweight 266 Positions Relative to RAYD

Symbol	Grade	Weight
JPM	D	4.7%
CSCO	B	3.27%
XOM	D	3.05%
BAC	D	2.63%
WFC	D	1.94%
CAT	B	1.86%
CVX	F	1.48%
MDT	B	1.48%
BLK	B	1.34%
BMY	C	1.3%
C	C	1.16%
CI	C	1.14%
UPS	D	1.1%
CMCSA	C	1.08%
EQIX	B	1.07%
MMC	C	0.92%
TGT	C	0.89%
UNP	D	0.87%
CME	B	0.78%
PCG	C	0.74%
CSX	C	0.74%
EXC	B	0.7%
FDX	D	0.68%
DHI	C	0.68%
TJX	C	0.67%
TT	B	0.65%
XEL	B	0.62%
CRM	C	0.6%
EIX	B	0.57%
PCAR	D	0.57%
SPG	B	0.55%
NUE	D	0.53%
LEN	B	0.53%
GIS	B	0.52%
BK	B	0.51%
CMI	B	0.5%
CNC	D	0.5%
ETR	A	0.48%
ROST	C	0.47%
OTIS	B	0.47%
DELL	C	0.46%
MET	B	0.46%
PPG	C	0.46%
KR	B	0.46%
DTE	A	0.45%
HPE	C	0.42%
CSGP	D	0.41%
MTD	C	0.41%
EOG	D	0.41%
EBAY	B	0.4%
GILD	B	0.4%
AEE	B	0.4%
KHC	C	0.39%
SW	B	0.39%
REGN	D	0.39%
DAL	C	0.38%
LYB	D	0.37%
KMB	C	0.36%
WAB	B	0.36%
MPC	F	0.35%
HLT	B	0.35%
PHM	B	0.35%
ADM	D	0.35%
SBAC	C	0.34%
WY	C	0.33%
PSX	F	0.33%
NVR	B	0.33%
PAYX	C	0.31%
FTV	C	0.31%
WTW	B	0.29%
INVH	D	0.29%
ZM	C	0.28%
FITB	B	0.28%
PKG	B	0.28%
ARE	C	0.28%
NI	B	0.27%
EA	D	0.27%
K	A	0.27%
STLD	C	0.27%
BAX	C	0.26%
STT	B	0.26%
VLO	F	0.26%
AES	C	0.25%
SWKS	F	0.25%
BLDR	C	0.24%
HOLX	D	0.24%
EVRG	B	0.24%
GPN	D	0.24%
VRTX	D	0.24%
RS	D	0.24%
AVTR	C	0.23%
CCL	C	0.23%
CF	B	0.23%
TROW	C	0.23%
FCNCA	D	0.22%
UAL	B	0.22%
RJF	C	0.22%
AMAT	D	0.22%
CBOE	C	0.21%
MAS	B	0.21%
FFIV	B	0.2%
CSL	B	0.2%
OXY	F	0.2%
SWK	B	0.19%
TOL	A	0.19%
QCOM	D	0.19%
WPC	C	0.19%
SYF	C	0.19%
CAG	B	0.19%
JNPR	A	0.19%
AMH	D	0.18%
VTRS	D	0.18%
RPM	B	0.18%
GLPI	C	0.18%
SSNC	C	0.18%
BG	F	0.17%
OC	C	0.17%
CE	D	0.17%
EXPD	B	0.17%
SNA	B	0.17%
HST	D	0.17%
ACM	B	0.16%
EPAM	F	0.16%
NTNX	D	0.16%
AMGN	D	0.15%
QRVO	F	0.15%
L	D	0.14%
EG	B	0.14%
DKS	D	0.14%
SNX	C	0.14%
CW	B	0.14%
CAH	C	0.14%
BLD	C	0.14%
CVNA	B	0.14%
SOLV	D	0.13%
TPR	A	0.13%
TWLO	C	0.13%
CIEN	B	0.13%
NNN	B	0.12%
AOS	B	0.12%
TAP	D	0.12%
JLL	B	0.12%
ARMK	B	0.12%
CACI	B	0.12%
MOS	F	0.12%
WYNN	C	0.11%
EWBC	C	0.11%
MGM	D	0.11%
BRX	C	0.11%
INGR	B	0.11%
BIIB	F	0.11%
STAG	D	0.1%
AYI	B	0.1%
WSM	C	0.1%
ACI	F	0.1%
RL	B	0.1%
MHK	B	0.1%
DCI	C	0.1%
CRUS	D	0.1%
AIZ	B	0.1%
OKTA	F	0.1%
UNM	B	0.1%
SKX	C	0.1%
CTRA	F	0.1%
LECO	D	0.09%
MRO	D	0.09%
JAZZ	D	0.09%
UGI	B	0.09%
CROX	C	0.09%
SF	B	0.09%
GL	D	0.09%
ALSN	B	0.09%
LEA	D	0.08%
G	C	0.08%
SAIC	C	0.08%
FLS	C	0.08%
SON	D	0.08%
KEX	C	0.08%
FHN	D	0.08%
MRNA	F	0.08%
OLN	D	0.08%
WCC	C	0.08%
MIDD	C	0.08%
PVH	D	0.07%
MTCH	C	0.07%
XP	D	0.07%
SEIC	B	0.07%
WTFC	C	0.07%
THO	C	0.07%
FOXA	B	0.07%
ESAB	C	0.07%
WH	B	0.07%
R	C	0.07%
XRAY	D	0.07%
NWSA	D	0.07%
CRBG	C	0.07%
OLED	D	0.07%
MSA	D	0.07%
WLK	C	0.07%
BEN	F	0.06%
AMKR	F	0.06%
CLF	F	0.06%
AXS	B	0.06%
AZO	B	0.06%
NYT	B	0.06%
BILL	D	0.06%
KRC	C	0.06%
OGN	D	0.06%
RYN	C	0.06%
ASH	F	0.06%
ZION	D	0.06%
PRGO	F	0.05%
ALGM	D	0.05%
SLM	C	0.05%
HIW	C	0.05%
JHG	B	0.05%
EPR	C	0.05%
SMG	B	0.05%
M	F	0.05%
LNC	C	0.05%
GNRC	D	0.05%
COLB	B	0.05%
GAP	F	0.05%
AMG	C	0.05%
BMRN	F	0.05%
NEU	D	0.05%
ROKU	D	0.05%
FOX	B	0.04%
TNL	C	0.04%
INCY	C	0.04%
EEFT	F	0.04%
GTES	C	0.04%
CTAS	C	0.04%
PK	D	0.04%
DINO	F	0.04%
CWEN	A	0.04%
OZK	F	0.04%
PINC	D	0.03%
CRI	D	0.03%
EXAS	D	0.03%
TER	C	0.03%
LPX	B	0.03%
PSTG	F	0.03%
WU	C	0.03%
COLM	C	0.03%
CNM	F	0.03%
EXP	B	0.03%
AZTA	F	0.03%
LSCC	D	0.02%
CWEN	A	0.02%
PPC	D	0.02%
REYN	C	0.02%
CIVI	F	0.02%
NWS	D	0.02%
LEN	B	0.02%
ADTN	C	0.02%
BR	C	0.02%
SAM	D	0.02%
VIRT	C	0.02%
INFA	D	0.02%
SEB	D	0.01%
CNA	D	0.01%
PATH	D	0.01%
DDS	D	0.01%
IONS	F	0.0%
PLTK	C	0.0%

REVS Underweight 73 Positions Relative to RAYD

Symbol	Grade	Weight
NVDA	C	-5.38%
AAPL	C	-5.33%
MSFT	C	-5.03%
AMZN	C	-3.22%
GOOGL	D	-2.68%
COST	C	-2.43%
LLY	D	-1.78%
META	B	-1.46%
SPOT	C	-1.43%
MELI	C	-1.29%
PGR	C	-1.16%
MUSA	D	-0.96%
MA	B	-0.95%
SFM	B	-0.92%
DTM	C	-0.88%
NVS	C	-0.87%
MRK	F	-0.66%
MORN	C	-0.66%
EVR	B	-0.63%
MU	D	-0.62%
PG	C	-0.6%
NFLX	B	-0.57%
IBM	B	-0.57%
VRSK	D	-0.53%
MEDP	F	-0.53%
CVLT	B	-0.5%
ANF	D	-0.49%
V	C	-0.48%
DECK	C	-0.46%
CRWD	D	-0.45%
DFS	C	-0.42%
FICO	B	-0.41%
PANW	D	-0.4%
WFRD	F	-0.4%
CMG	D	-0.37%
GOOG	D	-0.37%
ORI	B	-0.35%
APP	C	-0.34%
TEAM	D	-0.33%
INTC	D	-0.3%
GRMN	D	-0.3%
HIG	B	-0.3%
CHKP	B	-0.29%
VEEV	C	-0.29%
TMUS	B	-0.29%
GS	B	-0.28%
GRAB	B	-0.27%
TW	B	-0.26%
WING	C	-0.26%
GDDY	C	-0.25%
TSN	D	-0.24%
XRX	D	-0.23%
ERIE	B	-0.23%
UBER	C	-0.23%
LOGI	D	-0.22%
DASH	B	-0.22%
VZ	A	-0.21%
TRGP	C	-0.21%
RGLD	C	-0.2%
UHS	C	-0.2%
DOCU	C	-0.2%
STX	B	-0.2%
MANH	B	-0.2%
LPLA	D	-0.2%
HLI	C	-0.2%
DXCM	F	-0.19%
UNH	C	-0.19%
MNDY	C	-0.18%
AER	C	-0.17%
WWD	C	-0.17%
CYBR	B	-0.16%
LULU	D	-0.16%
NRG	B	-0.15%