SPTE vs. RAYD ETF Comparison

Comparison of SP Funds S&P Global Technology ETF (SPTE) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

SPTE

SP Funds S&P Global Technology ETF

SPTE Description

The S&P Global 1200 Shariah Information Technology Capped Index is designed to measure the performance of global large-cap equity securities within the information technology sector that pass rules-based screens for adherence to Shariah investment guidelines, with a cap applied to ensure diversification among companies in the index. Under normal circumstances, at least 80% of the fund"s total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.55

Average Daily Volume

8,007

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	SPTE	RAYD
30 Days	0.05%	4.23%
60 Days	2.86%	5.09%
90 Days	1.36%	6.59%
12 Months		37.58%

16 Overlapping Holdings

Symbol	Grade	Weight in SPTE	Weight in RAYD	Overlap
AAPL	C	12.12%	5.42%	5.42%
CRWD	B	0.36%	0.55%	0.36%
FICO	B	0.23%	0.47%	0.23%
FTNT	C	0.26%	0.58%	0.26%
GDDY	A	0.12%	0.29%	0.12%
HPQ	B	0.15%	0.2%	0.15%
LOGI	D	0.22%	0.19%	0.19%
MSFT	F	10.68%	4.67%	4.67%
MSI	B	0.36%	0.79%	0.36%
MU	D	0.47%	0.66%	0.47%
NOW	A	0.89%	0.32%	0.32%
NTAP	C	0.13%	0.21%	0.13%
NVDA	C	10.83%	5.62%	5.62%
PANW	C	0.55%	0.45%	0.45%
VRSN	F	0.07%	0.26%	0.07%
XRX	F	0.27%	0.22%	0.22%

SPTE Overweight 50 Positions Relative to RAYD

Symbol	Grade	Weight
TSM	B	15.53%
SAP	B	4.82%
AVGO	D	3.13%
SHOP	B	2.38%
UMC	F	1.41%
CRM	B	1.36%
ORCL	B	1.26%
CSCO	B	0.99%
AMD	F	0.97%
ACN	C	0.96%
ADBE	C	0.96%
TXN	C	0.77%
QCOM	F	0.74%
AMAT	F	0.61%
ERIC	B	0.49%
ADI	D	0.47%
NOK	D	0.44%
ANET	C	0.42%
LRCX	F	0.41%
APH	A	0.37%
KLAC	D	0.37%
CDNS	B	0.36%
SNPS	B	0.35%
ADSK	A	0.28%
NXPI	D	0.26%
ROP	B	0.26%
IT	C	0.18%
CTSH	B	0.18%
GLW	B	0.16%
MCHP	D	0.16%
ANSS	B	0.15%
ON	D	0.12%
KEYS	A	0.12%
MPWR	F	0.11%
TYL	B	0.11%
PTC	A	0.11%
CDW	F	0.1%
FSLR	F	0.09%
TDY	B	0.09%
JBL	B	0.07%
TRMB	B	0.07%
EPAM	C	0.07%
FFIV	B	0.07%
SWKS	F	0.06%
TER	D	0.06%
JNPR	F	0.06%
ZBRA	B	0.06%
AKAM	D	0.06%
QRVO	F	0.04%
ENPH	F	0.03%

SPTE Underweight 95 Positions Relative to RAYD

Symbol	Grade	Weight
AMZN	C	-3.47%
GOOGL	C	-2.82%
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%
APP	B	-0.74%
EVR	B	-0.72%
MORN	B	-0.68%
NFLX	A	-0.64%
EXEL	B	-0.63%
DASH	A	-0.62%
TRGP	B	-0.6%
HRB	D	-0.56%
COR	B	-0.56%
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%
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%
ZM	B	-0.34%
CAH	B	-0.33%
GS	A	-0.33%
TXRH	C	-0.33%
INTC	D	-0.33%
GWRE	A	-0.31%
VEEV	C	-0.3%
CNA	B	-0.29%
SMAR	A	-0.29%
MCO	B	-0.29%
AZO	C	-0.29%
LPLA	A	-0.28%
HIG	B	-0.28%
DOCU	A	-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%
LDOS	C	-0.21%
RMD	C	-0.21%
UBER	D	-0.21%
MANH	D	-0.2%
FTI	A	-0.2%
UTHR	C	-0.2%
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%