SGLC vs. RAYD ETF Comparison

Comparison of The RBB Fund, Inc. SGI U.S. Large Cap Core ETF (SGLC) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

SGLC

The RBB Fund, Inc. SGI U.S. Large Cap Core ETF

SGLC Description

The fund is an actively-managed ETF and seeks to achieve its objective by investing under normal circumstances at least 80% of the net assets of the portfolio (including borrowings for investment purposes) in securities of companies within the Russell 1000® Index and S&P 500® Index. The fund"s investments will generally consist primarily of common stocks, but may also include preferred stocks, warrants to acquire common stock, and securities convertible into common stock. The fund purchases equity securities traded in the United States on registered exchanges or the over-the-counter market.

Grade (RS Rating)

Last Trade

$36.40

Average Daily Volume

9,569

Number of Holdings ^*

115

* 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

$32.43

Average Daily Volume

4,090

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	SGLC	RAYD
30 Days	2.36%	4.23%
60 Days	2.87%	5.09%
90 Days	3.52%	6.59%
12 Months	28.50%	37.58%

31 Overlapping Holdings

Symbol	Grade	Weight in SGLC	Weight in RAYD	Overlap
AAPL	C	4.24%	5.42%	4.24%
ABBV	D	0.25%	0.42%	0.25%
ADP	B	1.88%	0.86%	0.86%
ALL	A	3.4%	0.82%	0.82%
AMZN	C	4.87%	3.47%	3.47%
APP	B	0.31%	0.74%	0.31%
BKNG	A	0.2%	1.88%	0.2%
CL	D	0.74%	0.95%	0.74%
COST	B	2.48%	2.39%	2.39%
DIS	B	0.22%	0.22%	0.22%
GM	B	0.19%	0.35%	0.19%
GOOGL	C	4.72%	2.82%	2.82%
HCA	F	0.26%	0.98%	0.26%
HIG	B	0.25%	0.28%	0.25%
LDOS	C	0.22%	0.21%	0.21%
LLY	F	2.1%	1.51%	1.51%
LPX	B	0.22%	0.23%	0.22%
META	D	4.48%	1.48%	1.48%
MSFT	F	6.36%	4.67%	4.67%
NFLX	A	0.22%	0.64%	0.22%
NOW	A	0.51%	0.32%	0.32%
NVDA	C	5.56%	5.62%	5.56%
PGR	A	2.64%	1.11%	1.11%
SPOT	B	0.56%	2.2%	0.56%
T	A	0.0%	1.15%	0.0%
TXRH	C	0.2%	0.33%	0.2%
UHS	D	0.26%	0.16%	0.16%
UTHR	C	1.89%	0.2%	0.2%
VEEV	C	2.75%	0.3%	0.3%
WING	D	0.22%	0.45%	0.22%
ZM	B	0.18%	0.34%	0.18%

SGLC Overweight 84 Positions Relative to RAYD

Symbol	Grade	Weight
MA	C	3.57%
QCOM	F	3.22%
SPG	B	2.32%
REGN	F	2.16%
AMAT	F	1.99%
KR	B	1.83%
PPC	C	1.79%
BAC	A	1.45%
UNP	C	1.4%
NBIX	C	1.07%
HUM	C	0.89%
OC	A	0.85%
BRK.A	B	0.79%
LEN	D	0.74%
ANET	C	0.71%
HD	A	0.7%
SRE	A	0.6%
ELV	F	0.6%
AFG	A	0.58%
ADBE	C	0.49%
KO	D	0.49%
ACGL	D	0.46%
LYB	F	0.45%
SYY	B	0.42%
AVGO	D	0.4%
TDG	D	0.4%
TT	A	0.38%
INTU	C	0.36%
EXC	C	0.35%
ROST	C	0.35%
WM	A	0.33%
AMD	F	0.27%
CMCSA	B	0.27%
DHI	D	0.26%
CAT	B	0.25%
UNM	A	0.25%
CBRE	B	0.24%
ORCL	B	0.24%
PHM	D	0.24%
KLAC	D	0.24%
WMT	A	0.24%
NEM	D	0.24%
CRM	B	0.23%
AXP	A	0.23%
EOG	A	0.22%
MET	A	0.22%
VRTX	F	0.22%
IBKR	A	0.22%
AMP	A	0.22%
CSX	B	0.22%
AEP	D	0.21%
CI	F	0.21%
CMI	A	0.21%
FCX	D	0.21%
SYF	B	0.21%
MPWR	F	0.21%
EG	C	0.21%
ADSK	A	0.21%
TJX	A	0.21%
FANG	D	0.2%
NVR	D	0.2%
CTSH	B	0.2%
ISRG	A	0.2%
BPOP	B	0.2%
C	A	0.2%
CNC	D	0.2%
AMKR	D	0.19%
PRU	A	0.19%
BBWI	D	0.19%
GWW	B	0.19%
FDX	B	0.19%
HST	C	0.19%
WDAY	B	0.19%
AIG	B	0.19%
TGT	F	0.19%
APH	A	0.19%
JPM	A	0.19%
MTDR	B	0.18%
PCAR	B	0.18%
COP	C	0.18%
CHRD	D	0.17%
MEDP	D	0.17%
F	C	0.17%
OVV	B	0.17%

SGLC Underweight 80 Positions Relative to RAYD

Symbol	Grade	Weight
BRBR	A	-1.62%
MELI	D	-1.39%
MO	A	-1.32%
MCK	B	-1.25%
SFM	A	-1.19%
MMM	D	-1.18%
COKE	C	-0.99%
MUSA	A	-0.92%
CVLT	B	-0.87%
THC	D	-0.8%
PM	B	-0.79%
MSI	B	-0.79%
EVR	B	-0.72%
MORN	B	-0.68%
MU	D	-0.66%
EXEL	B	-0.63%
DASH	A	-0.62%
TRGP	B	-0.6%
FTNT	C	-0.58%
HRB	D	-0.56%
COR	B	-0.56%
CRWD	B	-0.55%
PG	A	-0.54%
DFS	B	-0.51%
MRK	F	-0.51%
TEAM	A	-0.49%
ANF	C	-0.48%
MTG	C	-0.48%
V	A	-0.48%
FICO	B	-0.47%
LMT	D	-0.45%
PANW	C	-0.45%
DECK	A	-0.43%
JNJ	D	-0.39%
GOOG	C	-0.39%
RBLX	C	-0.38%
ALNY	D	-0.36%
CMG	B	-0.36%
WFRD	D	-0.35%
ORI	A	-0.35%
GRMN	B	-0.35%
GRAB	B	-0.34%
TMUS	B	-0.34%
CAH	B	-0.33%
GS	A	-0.33%
INTC	D	-0.33%
GWRE	A	-0.31%
CNA	B	-0.29%
GDDY	A	-0.29%
SMAR	A	-0.29%
MCO	B	-0.29%
AZO	C	-0.29%
LPLA	A	-0.28%
VRSN	F	-0.26%
DOCU	A	-0.26%
CHKP	D	-0.25%
HSBH	B	-0.24%
HLI	B	-0.23%
TSN	B	-0.23%
XRX	F	-0.22%
RMD	C	-0.21%
NTAP	C	-0.21%
UBER	D	-0.21%
HPQ	B	-0.2%
MANH	D	-0.2%
FTI	A	-0.2%
LOGI	D	-0.19%
RGLD	C	-0.19%
UNH	C	-0.19%
LULU	C	-0.18%
VZ	C	-0.18%
DXCM	D	-0.18%
STX	D	-0.18%
WWD	B	-0.17%
MNDY	C	-0.16%
AER	B	-0.16%
NRG	B	-0.16%
CYBR	B	-0.16%
RPRX	D	-0.16%
ERIE	D	-0.16%