ZZZ vs. RAYD ETF Comparison

Comparison of Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ) to The Advisors' Inner Circle Fund III Rayliant Quantitative Developed Market Equity ETF (RAYD)

ZZZ

Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF

ZZZ Description

ZZZ blends two indices, splitting investments between traditional equities and Bitcoin futures. Approximately 75% of the funds assets are allocated to US large-cap stocks featured in the S&P 500. Simultaneously, the remaining 25% is dedicated to Bitcoin futures obtained through its wholly-owned Cayman Islands subsidiary. The fund rebalances monthly to maintain the 75/25 allocation, though the adviser retains the flexibility to rebalance more frequently during periods of significant price volatility. Note that the fund does not invest directly in Bitcoin, instead opting for USD-settled, front-month CME Bitcoin futures contracts. These contracts are typically rolled over in the last week of each month, although adjustments may occur based on prevailing market conditions. The fund holds high-quality securities, including US government securities, money market funds, and short-term corporate debts to manage risks associated with the contracts.

Grade (RS Rating)

Last Trade

$28.09

Average Daily Volume

709

Number of Holdings ^*

480

* 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

$32.62

Average Daily Volume

4,090

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ZZZ	RAYD
30 Days	13.77%	4.23%
60 Days	12.62%	5.09%
90 Days	13.76%	6.59%
12 Months		37.58%

50 Overlapping Holdings

Symbol	Grade	Weight in ZZZ	Weight in RAYD	Overlap
AAPL	C	3.67%	5.04%	3.67%
ADP	B	0.13%	0.45%	0.13%
ALL	A	0.07%	0.43%	0.07%
AMZN	C	2.04%	3.25%	2.04%
CAH	B	0.03%	0.31%	0.03%
CL	D	0.09%	1.0%	0.09%
CLX	B	0.02%	0.34%	0.02%
COR	B	0.05%	0.55%	0.05%
COST	B	0.41%	2.4%	0.41%
DXCM	D	0.03%	0.2%	0.03%
FTNT	C	0.06%	0.9%	0.06%
GEV	B	0.08%	0.53%	0.08%
GM	B	0.09%	0.93%	0.09%
GOOG	C	0.97%	0.4%	0.4%
GOOGL	C	1.13%	2.85%	1.13%
GRMN	B	0.05%	0.34%	0.05%
HCA	F	0.08%	0.95%	0.08%
HIG	B	0.04%	0.57%	0.04%
LDOS	C	0.02%	0.18%	0.02%
LLY	F	0.59%	1.43%	0.59%
LMT	D	0.12%	0.44%	0.12%
LULU	C	0.03%	0.17%	0.03%
MCK	B	0.07%	0.74%	0.07%
MCO	B	0.11%	0.29%	0.11%
META	D	1.35%	1.48%	1.35%
MMM	D	0.07%	0.57%	0.07%
MO	A	0.11%	1.57%	0.11%
MSFT	F	3.4%	4.59%	3.4%
MSI	B	0.11%	0.79%	0.11%
MU	D	0.12%	0.34%	0.12%
NFLX	A	0.38%	0.36%	0.36%
NOW	A	0.23%	0.32%	0.23%
NRG	B	0.02%	0.17%	0.02%
NTAP	C	0.03%	0.22%	0.03%
NVDA	C	3.81%	5.39%	3.81%
OTIS	C	0.05%	0.6%	0.05%
PGR	A	0.17%	1.11%	0.17%
PM	B	0.22%	0.82%	0.22%
PNW	B	0.01%	1.22%	0.01%
RMD	C	0.03%	0.22%	0.03%
T	A	0.18%	0.96%	0.18%
TMUS	B	0.13%	0.33%	0.13%
TRGP	B	0.04%	0.64%	0.04%
TRV	B	0.06%	0.61%	0.06%
TSN	B	0.02%	0.24%	0.02%
UHS	D	0.02%	0.16%	0.02%
UNH	C	0.6%	0.56%	0.56%
VLTO	D	0.02%	0.42%	0.02%
VRSN	F	0.02%	0.26%	0.02%
VZ	C	0.2%	0.19%	0.19%

ZZZ Overweight 430 Positions Relative to RAYD

Symbol	Grade	Weight
BRK.A	B	0.95%
TSLA	B	0.92%
JPM	A	0.8%
AVGO	D	0.76%
XOM	B	0.6%
V	A	0.56%
MA	C	0.47%
HD	A	0.46%
PG	A	0.44%
JNJ	D	0.42%
WMT	A	0.4%
BAC	A	0.36%
CRM	B	0.36%
ORCL	B	0.33%
ABBV	D	0.32%
CVX	A	0.31%
WFC	A	0.3%
MRK	F	0.27%
CSCO	B	0.26%
KO	D	0.26%
PEP	F	0.25%
AMD	F	0.25%
LIN	D	0.25%
ACN	C	0.24%
TMO	F	0.23%
INTU	C	0.23%
MCD	D	0.23%
DIS	B	0.23%
CAT	B	0.22%
GE	D	0.22%
ABT	B	0.22%
ADBE	C	0.22%
TXN	C	0.21%
IBM	C	0.21%
GS	A	0.2%
QCOM	F	0.2%
RTX	C	0.19%
AXP	A	0.19%
CMCSA	B	0.19%
ISRG	A	0.18%
HON	B	0.18%
MS	A	0.18%
LOW	D	0.18%
SPGI	C	0.17%
NEE	D	0.17%
DHR	F	0.16%
UBER	D	0.16%
PFE	D	0.16%
AMGN	D	0.16%
VRTX	F	0.16%
UNP	C	0.16%
ETN	A	0.16%
C	A	0.15%
TJX	A	0.15%
COP	C	0.15%
AMAT	F	0.15%
DE	A	0.14%
ORLY	B	0.14%
SCHW	B	0.14%
TDG	D	0.14%
BSX	B	0.14%
FI	A	0.14%
BX	A	0.14%
MMC	B	0.13%
BMY	B	0.13%
MDT	D	0.13%
CB	C	0.13%
PANW	C	0.13%
SYK	C	0.13%
PLD	D	0.12%
INTC	D	0.12%
SNPS	B	0.12%
ADI	D	0.12%
BLK	C	0.12%
GILD	C	0.12%
SBUX	A	0.12%
UPS	C	0.11%
ICE	C	0.11%
CI	F	0.11%
SO	D	0.11%
AMT	D	0.11%
BA	F	0.1%
CTAS	B	0.1%
WM	A	0.1%
ZTS	D	0.1%
CDNS	B	0.1%
NKE	D	0.1%
DUK	C	0.1%
EQIX	A	0.1%
CME	A	0.1%
PYPL	B	0.1%
USB	A	0.09%
AON	A	0.09%
REGN	F	0.09%
EMR	A	0.09%
TGT	F	0.09%
ELV	F	0.09%
ITW	B	0.09%
TT	A	0.09%
EOG	A	0.09%
PNC	B	0.09%
MDLZ	F	0.09%
URI	B	0.09%
APH	A	0.09%
BDX	F	0.08%
PSA	D	0.08%
OKE	A	0.08%
WELL	A	0.08%
CEG	D	0.08%
PH	A	0.08%
WMB	A	0.08%
CSX	B	0.08%
LRCX	F	0.08%
CVS	D	0.08%
COF	B	0.08%
ECL	D	0.08%
ANET	C	0.08%
HLT	A	0.08%
SHW	A	0.08%
MLM	B	0.07%
JCI	C	0.07%
AJG	B	0.07%
FDX	B	0.07%
CARR	D	0.07%
MSCI	C	0.07%
AXON	A	0.07%
ADSK	A	0.07%
TFC	A	0.07%
SLB	C	0.07%
FCX	D	0.07%
KLAC	D	0.07%
BK	A	0.07%
MPC	D	0.07%
APD	A	0.07%
NXPI	D	0.07%
FAST	B	0.06%
MET	A	0.06%
CPRT	A	0.06%
PRU	A	0.06%
IT	C	0.06%
NSC	B	0.06%
PSX	C	0.06%
KMI	A	0.06%
ABNB	C	0.06%
FIS	C	0.06%
AIG	B	0.06%
SPG	B	0.06%
ROP	B	0.06%
DLR	B	0.06%
SRE	A	0.06%
PCAR	B	0.06%
AFL	B	0.06%
MAR	B	0.06%
AMP	A	0.06%
GD	F	0.06%
YUM	B	0.05%
KVUE	A	0.05%
KR	B	0.05%
IR	B	0.05%
KMB	D	0.05%
RSG	A	0.05%
CCI	D	0.05%
EW	C	0.05%
IDXX	F	0.05%
ROST	C	0.05%
PAYX	C	0.05%
ODFL	B	0.05%
MTB	A	0.05%
BKR	B	0.05%
VLO	C	0.05%
F	C	0.05%
HES	B	0.05%
PCG	A	0.05%
HUBB	B	0.05%
PEG	A	0.05%
HWM	A	0.05%
D	C	0.05%
RCL	A	0.05%
NEM	D	0.05%
STZ	D	0.05%
AEP	D	0.05%
DHI	D	0.05%
NOC	D	0.05%
LHX	C	0.05%
KDP	D	0.04%
WTW	B	0.04%
VICI	C	0.04%
MCHP	D	0.04%
RJF	A	0.04%
DD	D	0.04%
FITB	A	0.04%
EA	A	0.04%
PWR	A	0.04%
EXR	D	0.04%
GEHC	F	0.04%
LEN	D	0.04%
ANSS	B	0.04%
EIX	B	0.04%
HPQ	B	0.04%
IRM	D	0.04%
DFS	B	0.04%
GPN	B	0.04%
XEL	A	0.04%
WAT	B	0.04%
OXY	D	0.04%
SNA	A	0.04%
FANG	D	0.04%
CMI	A	0.04%
CPAY	A	0.04%
TTWO	A	0.04%
GLW	B	0.04%
MNST	C	0.04%
GIS	D	0.04%
SYY	B	0.04%
DAL	C	0.04%
A	D	0.04%
IQV	D	0.04%
ZBRA	B	0.04%
CTSH	B	0.04%
CHTR	C	0.04%
AME	A	0.04%
ACGL	D	0.04%
WAB	B	0.04%
EXC	C	0.04%
O	D	0.04%
CBRE	B	0.04%
CTVA	C	0.04%
EQR	B	0.03%
FTV	C	0.03%
ZBH	C	0.03%
IEX	B	0.03%
BR	A	0.03%
AVB	B	0.03%
ALGN	D	0.03%
DVN	F	0.03%
CFG	B	0.03%
EPAM	C	0.03%
RF	A	0.03%
TROW	B	0.03%
PPL	B	0.03%
PKG	A	0.03%
LH	C	0.03%
NDAQ	A	0.03%
FFIV	B	0.03%
DTE	C	0.03%
K	A	0.03%
XYL	D	0.03%
CCL	B	0.03%
EFX	F	0.03%
PPG	F	0.03%
KHC	F	0.03%
HBAN	A	0.03%
LYB	F	0.03%
NDSN	B	0.03%
VTR	C	0.03%
SYF	B	0.03%
PHM	D	0.03%
IFF	D	0.03%
PODD	C	0.03%
ILMN	D	0.03%
ADM	D	0.03%
ON	D	0.03%
UAL	A	0.03%
HUM	C	0.03%
AWK	D	0.03%
HAL	C	0.03%
TSCO	D	0.03%
AEE	A	0.03%
HPE	B	0.03%
VMC	B	0.03%
VRSK	A	0.03%
STLD	B	0.03%
ROK	B	0.03%
STT	A	0.03%
ED	D	0.03%
MOH	F	0.03%
CSGP	D	0.03%
CNC	D	0.03%
NUE	C	0.03%
WEC	A	0.03%
ETR	B	0.03%
ESS	B	0.03%
KEYS	A	0.03%
CINF	A	0.03%
EBAY	D	0.03%
WST	C	0.03%
DOW	F	0.03%
UDR	B	0.02%
TECH	D	0.02%
MHK	D	0.02%
ALLE	D	0.02%
TRMB	B	0.02%
J	F	0.02%
AMCR	D	0.02%
ATO	A	0.02%
NI	A	0.02%
REG	B	0.02%
MKC	D	0.02%
DAY	B	0.02%
ROL	B	0.02%
KIM	A	0.02%
INCY	C	0.02%
DG	F	0.02%
MAS	D	0.02%
KMX	B	0.02%
VTRS	A	0.02%
DVA	B	0.02%
HOLX	D	0.02%
BIIB	F	0.02%
APTV	D	0.02%
MAA	B	0.02%
SW	A	0.02%
DGX	A	0.02%
DRI	B	0.02%
BAX	D	0.02%
TXT	D	0.02%
SWKS	F	0.02%
L	A	0.02%
HSY	F	0.02%
JKHY	D	0.02%
PFG	D	0.02%
KEY	B	0.02%
SWK	D	0.02%
IP	B	0.02%
MRO	B	0.02%
CF	B	0.02%
GEN	B	0.02%
EQT	B	0.02%
CDW	F	0.02%
BBY	D	0.02%
BLDR	D	0.02%
EXPE	B	0.02%
GNRC	B	0.02%
WRB	A	0.02%
BALL	D	0.02%
CTRA	B	0.02%
JBHT	C	0.02%
LNT	A	0.02%
ES	D	0.02%
CNP	B	0.02%
CRL	C	0.02%
PTC	A	0.02%
WDC	D	0.02%
LUV	C	0.02%
STX	D	0.02%
FSLR	F	0.02%
OMC	C	0.02%
LVS	C	0.02%
AVY	D	0.02%
DOV	A	0.02%
INVH	D	0.02%
CMS	C	0.02%
CBOE	B	0.02%
TER	D	0.02%
FE	C	0.02%
WBD	C	0.02%
ARE	D	0.02%
PNR	A	0.02%
STE	F	0.02%
WY	D	0.02%
NTRS	A	0.02%
BRO	B	0.02%
CHD	B	0.02%
AIZ	A	0.02%
SBAC	D	0.02%
ETSY	D	0.01%
PARA	C	0.01%
FMC	D	0.01%
VFC	C	0.01%
ZION	B	0.01%
WBA	F	0.01%
HAS	D	0.01%
ENPH	F	0.01%
BBWI	D	0.01%
BEN	C	0.01%
QRVO	F	0.01%
SOLV	C	0.01%
APA	D	0.01%
CMA	A	0.01%
BWA	D	0.01%
IVZ	B	0.01%
AOS	F	0.01%
CE	F	0.01%
CZR	F	0.01%
RHI	B	0.01%
HSIC	B	0.01%
LW	C	0.01%
MOS	F	0.01%
BXP	D	0.01%
AAL	B	0.01%
AKAM	D	0.01%
CPB	D	0.01%
HRL	D	0.01%
WYNN	D	0.01%
FOXA	B	0.01%
BG	F	0.01%
MTCH	D	0.01%
AES	F	0.01%
EMN	D	0.01%
ALB	C	0.01%
DOC	D	0.01%
NCLH	B	0.01%
JNPR	F	0.01%
RVTY	F	0.01%
GL	B	0.01%
IPG	D	0.01%
CHRW	C	0.01%
SJM	D	0.01%
MGM	D	0.01%
WHR	B	0.01%
FRT	B	0.01%
TPR	B	0.01%
LKQ	D	0.01%
NWSA	B	0.01%
CTLT	B	0.01%
MRNA	F	0.01%
CPT	B	0.01%
EXPD	D	0.01%
HST	C	0.01%
TAP	C	0.01%
GPC	D	0.01%
EVRG	A	0.01%
JBL	B	0.01%
EL	F	0.01%
LYV	A	0.01%
CAG	D	0.01%
DLTR	F	0.01%
NWS	B	0.0%
XRAY	F	0.0%
FOX	A	0.0%

ZZZ Underweight 48 Positions Relative to RAYD

Symbol	Grade	Weight
BKNG	A	-2.43%
SPOT	B	-2.01%
BRBR	A	-1.69%
EXEL	B	-1.53%
THC	D	-1.51%
MELI	D	-1.44%
SFM	A	-1.19%
GWRE	A	-1.02%
ALSN	B	-0.98%
SMAR	A	-0.91%
RYAN	B	-0.9%
TXRH	C	-0.9%
FICO	B	-0.88%
APP	B	-0.87%
HSBH	B	-0.87%
AZO	C	-0.83%
DASH	A	-0.82%
CVLT	B	-0.82%
HLNE	B	-0.62%
AYI	B	-0.57%
HRB	D	-0.54%
EVR	B	-0.53%
COKE	C	-0.5%
JXN	C	-0.47%
WING	D	-0.45%
MORN	B	-0.39%
RBLX	C	-0.38%
ORI	A	-0.36%
WFRD	D	-0.36%
MUSA	A	-0.36%
ALNY	D	-0.35%
BAH	F	-0.34%
ZM	B	-0.32%
CNA	B	-0.29%
LPLA	A	-0.29%
GDDY	A	-0.29%
VEEV	C	-0.27%
DOCU	A	-0.26%
CHKP	D	-0.25%
HLI	B	-0.24%
XRX	F	-0.23%
UTHR	C	-0.19%
CYBR	B	-0.18%
RPRX	D	-0.17%
WWD	B	-0.17%
ERIE	D	-0.17%
AER	B	-0.16%
MNDY	C	-0.15%