SZNE vs. RAYD ETF Comparison

Comparison of Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

SZNE

Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF

SZNE Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index. The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of its underlying index or in one or more ETFs that track the performance of all or a portion of such component securities in the same approximate proportion as in its underlying index. The index uses an objective, rules-based methodology to track the performance of a semi-annual rotation of certain sectors within the S&P 500 Equal Weight Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.91

Average Daily Volume

3,448

Number of Holdings ^*

223

* 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	SZNE	RAYD
30 Days	2.64%	4.23%
60 Days	0.15%	5.09%
90 Days	0.62%	6.59%
12 Months	17.34%	37.58%

29 Overlapping Holdings

Symbol	Grade	Weight in SZNE	Weight in RAYD	Overlap
AAPL	C	0.35%	5.42%	0.35%
ADP	B	0.32%	0.86%	0.32%
AMZN	C	0.52%	3.47%	0.52%
AZO	C	0.46%	0.29%	0.29%
BKNG	A	0.6%	1.88%	0.6%
CMG	B	0.5%	0.36%	0.36%
CRWD	B	0.46%	0.55%	0.46%
DECK	A	0.54%	0.43%	0.43%
FICO	B	0.43%	0.47%	0.43%
FTNT	C	0.42%	0.58%	0.42%
GDDY	A	0.43%	0.29%	0.29%
GM	B	0.56%	0.35%	0.35%
GRMN	B	0.57%	0.35%	0.35%
HPQ	B	0.38%	0.2%	0.2%
INTC	D	0.42%	0.33%	0.33%
LDOS	C	0.31%	0.21%	0.21%
LMT	D	0.28%	0.45%	0.28%
LULU	C	0.55%	0.18%	0.18%
MMM	D	0.29%	1.18%	0.29%
MSFT	F	0.33%	4.67%	0.33%
MSI	B	0.39%	0.79%	0.39%
MU	D	0.37%	0.66%	0.37%
NOW	A	0.4%	0.32%	0.32%
NTAP	C	0.36%	0.21%	0.21%
NVDA	C	0.42%	5.62%	0.42%
PANW	C	0.39%	0.45%	0.39%
STX	D	0.33%	0.18%	0.18%
UBER	D	0.29%	0.21%	0.21%
VRSN	F	0.34%	0.26%	0.26%

SZNE Overweight 194 Positions Relative to RAYD

Symbol	Grade	Weight
STLD	B	1.11%
ALB	C	1.09%
SW	A	1.08%
IP	B	1.05%
VMC	B	1.02%
PKG	A	1.01%
APD	A	1.0%
CF	B	0.99%
MLM	B	0.98%
NUE	C	0.9%
CTVA	C	0.9%
FCX	D	0.89%
DD	D	0.87%
SHW	A	0.86%
EMN	D	0.85%
MOS	F	0.84%
PPG	F	0.83%
ECL	D	0.83%
LIN	D	0.83%
AMCR	D	0.82%
BALL	D	0.79%
AVY	D	0.78%
FMC	D	0.78%
LYB	F	0.77%
DOW	F	0.76%
IFF	D	0.74%
TSLA	B	0.7%
CCL	B	0.69%
NEM	D	0.69%
RCL	A	0.67%
NCLH	B	0.64%
EXPE	B	0.63%
TPR	B	0.61%
PLTR	B	0.6%
LVS	C	0.59%
UAL	A	0.57%
MAR	B	0.57%
ABNB	C	0.55%
HLT	A	0.55%
WYNN	D	0.55%
RL	B	0.54%
DPZ	C	0.51%
CE	F	0.51%
ORLY	B	0.5%
HD	A	0.5%
POOL	C	0.49%
MGM	D	0.49%
BWA	D	0.49%
LOW	D	0.49%
F	C	0.48%
DRI	B	0.48%
AXON	A	0.48%
MCD	D	0.47%
YUM	B	0.47%
TJX	A	0.47%
SBUX	A	0.47%
EBAY	D	0.46%
CZR	F	0.46%
GEV	B	0.46%
KMX	B	0.46%
NVR	D	0.45%
TSCO	D	0.45%
CRM	B	0.44%
NKE	D	0.44%
DAL	C	0.43%
TRMB	B	0.43%
HAS	D	0.43%
ROST	C	0.43%
LEN	D	0.43%
LKQ	D	0.43%
ULTA	F	0.43%
PHM	D	0.43%
GPC	D	0.42%
BBY	D	0.42%
HPE	B	0.42%
JBL	B	0.41%
MHK	D	0.41%
CSCO	B	0.4%
DHI	D	0.4%
ADSK	A	0.4%
FFIV	B	0.4%
EPAM	C	0.4%
DELL	C	0.4%
ORCL	B	0.4%
DAY	B	0.39%
SNA	A	0.39%
GNRC	B	0.39%
CDNS	B	0.39%
PAYC	B	0.39%
ZBRA	B	0.39%
TDY	B	0.38%
KEYS	A	0.38%
SNPS	B	0.38%
GEN	B	0.38%
GLW	B	0.38%
EMR	A	0.38%
APH	A	0.38%
ANET	C	0.37%
PWR	A	0.37%
ANSS	B	0.37%
HWM	A	0.37%
PTC	A	0.37%
ACN	C	0.36%
ETN	A	0.36%
GWW	B	0.36%
CMI	A	0.36%
APTV	D	0.36%
PH	A	0.36%
IBM	C	0.35%
WAB	B	0.35%
IT	C	0.35%
AME	A	0.35%
PCAR	B	0.35%
TYL	B	0.35%
FAST	B	0.35%
URI	B	0.34%
WDC	D	0.34%
TT	A	0.34%
ROP	B	0.34%
HON	B	0.34%
ODFL	B	0.34%
HUBB	B	0.34%
IEX	B	0.34%
J	F	0.34%
TXN	C	0.34%
INTU	C	0.34%
IR	B	0.34%
PNR	A	0.34%
JCI	C	0.34%
CTSH	B	0.34%
CHRW	C	0.33%
NXPI	D	0.33%
CPRT	A	0.33%
AVGO	D	0.33%
LUV	C	0.33%
CAT	B	0.33%
QCOM	F	0.32%
VRSK	A	0.32%
JNPR	F	0.32%
NSC	B	0.32%
PAYX	C	0.32%
ITW	B	0.32%
ROK	B	0.32%
CTAS	B	0.32%
WM	A	0.32%
OTIS	C	0.32%
ON	D	0.32%
ADI	D	0.32%
ADBE	C	0.32%
LHX	C	0.32%
BR	A	0.32%
JBHT	C	0.32%
DOV	A	0.32%
AKAM	D	0.31%
DE	A	0.31%
AMAT	F	0.31%
AMD	F	0.31%
FTV	C	0.31%
RSG	A	0.31%
LRCX	F	0.31%
CSX	B	0.31%
UPS	C	0.31%
ROL	B	0.3%
ALLE	D	0.3%
EXPD	D	0.3%
GE	D	0.3%
NDSN	B	0.3%
RTX	C	0.3%
FDX	B	0.3%
BLDR	D	0.29%
UNP	C	0.29%
TDG	D	0.29%
MCHP	D	0.29%
NOC	D	0.29%
KLAC	D	0.29%
VLTO	D	0.29%
MAS	D	0.29%
CARR	D	0.29%
FSLR	F	0.28%
SWKS	F	0.28%
GD	F	0.28%
BA	F	0.28%
TXT	D	0.28%
XYL	D	0.28%
TER	D	0.27%
AOS	F	0.27%
CDW	F	0.27%
EFX	F	0.25%
SWK	D	0.25%
HII	D	0.22%
QRVO	F	0.21%
MPWR	F	0.21%
ENPH	F	0.2%
SMCI	F	0.19%

SZNE Underweight 82 Positions Relative to RAYD

Symbol	Grade	Weight
GOOGL	C	-2.82%
COST	B	-2.39%
SPOT	B	-2.2%
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%
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%
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%
WING	D	-0.45%
ABBV	D	-0.42%
JNJ	D	-0.39%
GOOG	C	-0.39%
RBLX	C	-0.38%
ALNY	D	-0.36%
WFRD	D	-0.35%
ORI	A	-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%
GWRE	A	-0.31%
VEEV	C	-0.3%
CNA	B	-0.29%
SMAR	A	-0.29%
MCO	B	-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%
XRX	F	-0.22%
RMD	C	-0.21%
MANH	D	-0.2%
FTI	A	-0.2%
UTHR	C	-0.2%
LOGI	D	-0.19%
RGLD	C	-0.19%
UNH	C	-0.19%
VZ	C	-0.18%
DXCM	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%