SKYU vs. RAYD ETF Comparison

Comparison of ProShares Ultra Cloud Computing (SKYU) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

SKYU

ProShares Ultra Cloud Computing

SKYU Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing Index. The index is comprised of companies classified as cloud computing companies by the CTA. The Advisor expects that its cash balances maintained in connection with the use of financial instruments will typically be held in money market instruments. It invests in common stock issued by public companies. The fund invests in derivatives, which are financial instruments whose value is derived from the value of an underlying asset or assets. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.69

Average Daily Volume

3,366

Number of Holdings ^*

* 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	SKYU	RAYD
30 Days	38.02%	4.23%
60 Days	41.98%	5.09%
90 Days	53.59%	6.59%
12 Months	111.13%	37.58%

13 Overlapping Holdings

Symbol	Grade	Weight in SKYU	Weight in RAYD	Overlap
AMZN	C	2.23%	3.47%	2.23%
APP	B	2.84%	0.74%	0.74%
CRWD	B	0.39%	0.55%	0.39%
DOCU	A	0.43%	0.26%	0.26%
GOOGL	C	2.04%	2.82%	2.04%
MSFT	F	1.89%	4.67%	1.89%
NOW	A	1.14%	0.32%	0.32%
NTAP	C	0.92%	0.21%	0.21%
PANW	C	0.34%	0.45%	0.34%
SMAR	A	0.36%	0.29%	0.29%
TEAM	A	1.42%	0.49%	0.49%
VEEV	C	0.33%	0.3%	0.3%
ZM	B	0.38%	0.34%	0.34%

SKYU Overweight 47 Positions Relative to RAYD

Symbol	Grade	Weight
LUMN	C	2.63%
ORCL	B	2.5%
NTNX	A	2.11%
ANET	C	2.09%
IBM	C	1.94%
PSTG	D	1.81%
MDB	C	1.6%
TWLO	A	1.48%
SHOP	B	1.45%
CSCO	B	1.45%
NET	B	1.42%
HUBS	A	1.32%
CFLT	B	1.27%
CRM	B	1.26%
GTLB	B	1.2%
WK	B	1.12%
DELL	C	1.08%
HPE	B	1.05%
FIVN	C	0.98%
RBRK	A	0.85%
RNG	B	0.83%
DOCN	D	0.8%
WIX	B	0.69%
SAP	B	0.65%
APPN	B	0.56%
TOST	B	0.5%
PAYC	B	0.43%
QTWO	A	0.43%
PCTY	B	0.41%
BL	B	0.39%
TTD	B	0.38%
ESTC	C	0.37%
QLYS	C	0.37%
INTU	C	0.36%
SNOW	C	0.36%
ZUO	B	0.35%
DBX	B	0.34%
DDOG	A	0.34%
ASAN	C	0.33%
ZS	C	0.33%
BOX	B	0.33%
BLKB	B	0.32%
WDAY	B	0.32%
FSLY	D	0.32%
APPF	B	0.31%
OTEX	D	0.3%
SPT	C	0.29%

SKYU Underweight 98 Positions Relative to RAYD

Symbol	Grade	Weight
NVDA	C	-5.62%
AAPL	C	-5.42%
COST	B	-2.39%
SPOT	B	-2.2%
BKNG	A	-1.88%
BRBR	A	-1.62%
LLY	F	-1.51%
META	D	-1.48%
MELI	D	-1.39%
MO	A	-1.32%
MCK	B	-1.25%
SFM	A	-1.19%
MMM	D	-1.18%
T	A	-1.15%
PGR	A	-1.11%
COKE	C	-0.99%
HCA	F	-0.98%
CL	D	-0.95%
MUSA	A	-0.92%
CVLT	B	-0.87%
ADP	B	-0.86%
ALL	A	-0.82%
THC	D	-0.8%
PM	B	-0.79%
MSI	B	-0.79%
EVR	B	-0.72%
MORN	B	-0.68%
MU	D	-0.66%
NFLX	A	-0.64%
EXEL	B	-0.63%
DASH	A	-0.62%
TRGP	B	-0.6%
FTNT	C	-0.58%
HRB	D	-0.56%
COR	B	-0.56%
PG	A	-0.54%
DFS	B	-0.51%
MRK	F	-0.51%
ANF	C	-0.48%
MTG	C	-0.48%
V	A	-0.48%
FICO	B	-0.47%
LMT	D	-0.45%
WING	D	-0.45%
DECK	A	-0.43%
ABBV	D	-0.42%
JNJ	D	-0.39%
GOOG	C	-0.39%
RBLX	C	-0.38%
ALNY	D	-0.36%
CMG	B	-0.36%
GM	B	-0.35%
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%
TXRH	C	-0.33%
INTC	D	-0.33%
GWRE	A	-0.31%
CNA	B	-0.29%
GDDY	A	-0.29%
MCO	B	-0.29%
AZO	C	-0.29%
LPLA	A	-0.28%
HIG	B	-0.28%
VRSN	F	-0.26%
CHKP	D	-0.25%
HSBH	B	-0.24%
HLI	B	-0.23%
LPX	B	-0.23%
TSN	B	-0.23%
DIS	B	-0.22%
XRX	F	-0.22%
LDOS	C	-0.21%
RMD	C	-0.21%
UBER	D	-0.21%
HPQ	B	-0.2%
MANH	D	-0.2%
FTI	A	-0.2%
UTHR	C	-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%
UHS	D	-0.16%
RPRX	D	-0.16%
ERIE	D	-0.16%