XSVM vs. RAYD ETF Comparison

Comparison of Invesco S&P SmallCap Value with Momentum ETF (XSVM) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

XSVM

Invesco S&P SmallCap Value with Momentum ETF

XSVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600 High Momentum Value Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 120 stocks in the S&P SmallCap 600® that have the highest “value” and “momentum” scores.

Grade (RS Rating)

Last Trade

$55.22

Average Daily Volume

58,667

Number of Holdings ^*

111

* 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

$27.95

Average Daily Volume

3,960

Number of Holdings ^*

104

* may have additional holdings in another (foreign) market

Performance

Period	XSVM	RAYD
30 Days	-2.21%	0.34%
60 Days	1.44%	1.94%
90 Days	4.73%	5.82%
12 Months	30.07%	24.40%

2 Overlapping Holdings

	Symbol	Grade	Weight in XSVM	Weight in RAYD	Overlap
	SPNT	D	0.96%	0.76%	0.76%
	XRX	F	1.17%	0.21%	0.21%

XSVM Overweight 109 Positions Relative to RAYD

Symbol	Grade	Weight
JXN	A	1.69%
KELYA	D	1.59%
FDP	D	1.54%
DXPE	B	1.49%
SCSC	B	1.41%
SNEX	A	1.37%
EZPW	C	1.35%
KSS	F	1.31%
BHE	A	1.3%
CLW	B	1.3%
SLCA	B	1.29%
GNW	B	1.28%
GBX	B	1.27%
GPI	B	1.22%
GEO	C	1.21%
ANDE	B	1.2%
ODP	C	1.18%
SANM	B	1.16%
DNOW	D	1.15%
ZEUS	F	1.1%
ABG	C	1.08%
AMBC	A	1.07%
SAH	B	1.06%
PARR	F	1.04%
OI	F	1.04%
NVRI	D	1.03%
CAL	C	1.03%
ENVA	B	1.02%
AXL	B	1.01%
SCVL	B	1.01%
TPH	A	1.0%
HIBB	A	0.96%
OMI	F	0.96%
SM	B	0.96%
CVI	F	0.95%
SKYW	B	0.92%
HI	D	0.91%
SXC	D	0.89%
ASTE	F	0.89%
WNC	F	0.88%
LBRT	B	0.88%
CALM	D	0.88%
TDS	D	0.85%
ABM	B	0.85%
PUMP	B	0.85%
MHO	D	0.85%
MTH	A	0.84%
WIRE	B	0.84%
GMS	C	0.84%
AGO	D	0.84%
STC	B	0.84%
RDN	C	0.82%
COOP	A	0.82%
CCS	D	0.82%
DLX	B	0.82%
PATK	C	0.81%
TALO	F	0.8%
PRG	B	0.8%
KOP	F	0.79%
GES	B	0.79%
NAVI	F	0.78%
RC	C	0.78%
BCC	D	0.77%
SLVM	A	0.76%
AMWD	D	0.75%
PLAB	C	0.74%
AX	B	0.74%
EIG	D	0.73%
CENTA	D	0.72%
ALGT	F	0.72%
HLX	B	0.72%
PSMT	A	0.71%
APOG	A	0.7%
UVV	B	0.69%
NOG	B	0.69%
ASO	D	0.68%
HCC	B	0.68%
MOV	D	0.67%
SIG	D	0.67%
HVT	F	0.67%
HUBG	C	0.67%
TWI	F	0.66%
ABR	C	0.66%
CUBI	D	0.65%
BLMN	F	0.64%
AMR	D	0.64%
CXW	C	0.63%
PMT	B	0.63%
MATX	B	0.63%
URBN	C	0.63%
MCS	F	0.63%
NMIH	A	0.63%
ETD	D	0.63%
CRC	D	0.62%
WGO	F	0.62%
PRDO	B	0.59%
MLKN	D	0.58%
HTH	B	0.57%
ARI	F	0.57%
SMP	D	0.56%
SCHL	F	0.56%
FCF	B	0.55%
EFC	C	0.55%
LZB	D	0.55%
CNXN	D	0.55%
GIII	D	0.54%
SVC	F	0.52%
CEIX	D	0.48%
OSUR	F	0.42%

XSVM Underweight 102 Positions Relative to RAYD

Symbol	Grade	Weight
NVDA	C	-5.47%
MSFT	D	-4.35%
AAPL	B	-4.26%
AMZN	A	-2.62%
META	D	-2.58%
BKNG	C	-2.19%
COST	A	-1.89%
LLY	C	-1.61%
MA	D	-1.32%
EME	A	-1.24%
WFRD	B	-1.2%
QCOM	B	-1.19%
FG	B	-1.16%
NVS	B	-1.12%
MELI	C	-1.11%
SPOT	B	-1.08%
UNH	C	-1.08%
CMG	A	-0.98%
BWLP	B	-0.92%
STLA	D	-0.89%
BRBR	C	-0.89%
GOOGL	A	-0.82%
PANW	B	-0.74%
GOOG	A	-0.71%
MCK	A	-0.7%
PAYX	C	-0.7%
IDCC	B	-0.67%
CHRD	B	-0.65%
TJX	C	-0.65%
EA	D	-0.6%
VRSK	B	-0.6%
PG	A	-0.58%
NOW	D	-0.57%
ALL	B	-0.55%
ABNB	D	-0.52%
KMB	B	-0.52%
MUSA	D	-0.52%
MRK	B	-0.52%
WMT	B	-0.5%
V	D	-0.48%
IBM	D	-0.48%
DECK	D	-0.47%
INTC	F	-0.46%
OTIS	D	-0.46%
ABBV	D	-0.45%
MO	A	-0.45%
CAH	D	-0.42%
MEDP	C	-0.42%
TEAM	F	-0.41%
JHX	D	-0.39%
WMB	B	-0.36%
CBOE	C	-0.33%
GRMN	A	-0.32%
QLYS	D	-0.31%
FICO	C	-0.31%
JNJ	F	-0.29%
GE	A	-0.29%
GS	A	-0.28%
PCAR	D	-0.28%
EG	C	-0.28%
GRAB	B	-0.28%
MUFG	D	-0.27%
WSM	B	-0.26%
PHM	B	-0.26%
UBER	D	-0.26%
LVS	F	-0.26%
VRSN	F	-0.26%
CMCSA	F	-0.25%
CHKP	D	-0.24%
TAP	F	-0.24%
GDDY	A	-0.23%
NYT	B	-0.23%
STZ	D	-0.23%
AGRO	B	-0.23%
LOGI	D	-0.23%
VST	B	-0.23%
TSN	B	-0.23%
TEVA	B	-0.22%
MANH	D	-0.22%
SKX	B	-0.21%
RPRX	D	-0.21%
VRTX	C	-0.21%
NTNX	C	-0.21%
MORN	D	-0.21%
CNC	C	-0.21%
ERIE	C	-0.19%
DBX	F	-0.19%
MOH	D	-0.19%
ANF	C	-0.18%
NU	C	-0.18%
MNDY	D	-0.17%
LDOS	A	-0.17%
NBIX	B	-0.17%
PGR	A	-0.17%
LULU	F	-0.16%
CL	A	-0.16%
AIZ	D	-0.16%
NFLX	C	-0.15%
MCD	F	-0.15%
CRWD	D	-0.15%
MAS	D	-0.15%
TNET	F	-0.14%