Last updated 09.03.2025
Last updated 09.03.2025
The Rayliant Quantamental Emerging Market ex-China Equity ETF is an active strategy that employs big data and sophisticated quantitative models to identify investment opportunities in emerging market stocks traded around the world.
Note: As of 10/24/2023, the fund's name and benchmark was changed.
(as of 08/31/2025)
| 1-MO | 3-MO | 1Y | 3Y | 5Y | YTD | Since Inception (12.15.2021) | |
|---|---|---|---|---|---|---|---|
| RAYE NAV (%) | 0.86% | 10.01% | 6.82% | 11.57% | – | 14.04% | 5.20% |
| RAYE Market Price (%) | 1.43% | 10.11% | 6.34% | 11.69% | – | 13.72% | 5.18% |
| MSCI Emerging Markets ex China Index (%) | 0.03% | 8.11% | 8.21% | 10.36% | – | 15.97% | 3.37% |
The performance quoted represents past performance and does not guarantee future results. Performance for periods greater than 1 year is annualized. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost.
Current performance may be lower or higher than the performance quoted.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. The returns shown do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. NAVs are calculated using prices as of 4:00 PM Eastern Time.
NAV
$26.89 Net Asset Value
NAV Change
+$0.04
Price
$26.87
Price Change
+$0.11
| Inception Date | 12.15.2021 |
| Ticker | RAYE |
| Primary Exchange | NYSE |
| Net Expense Ratio* | 0.88% |
| CUSIP | 00775Y710 |
| Premium/Discount | 0.00% |
| 30-Day Median Bid/Ask Spread ¹ | 0.5917% |
| Gross Expense Ratio* | 1.46% |
¹ 30-Day Median Bid/Ask Spread: The spread is calculated by identifying the ETF’s national best bid and national best offer ("NBBO") as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO.
The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.
* A full explanation of expenses and fees are stated in the prospectus. Fee waivers are contractual and in effect until 1/31/2026.
The Rayliant Quantamental Emerging Market ex-China Equity ETF (the “Fund”) seeks long-term capital appreciation.
WATCH VIDEO
|
Number of Days At: |
2024 |
2025 Q1 |
2025 Q2 |
2025 Q3 |
|---|---|---|---|---|
| Premium | 186 | 40 | 24 | 11 |
| NAV | 9 | 0 | 1 | 3 |
| Discount | 57 | 20 | 37 | 31 |
The Premium/Discount History chart demonstrates the difference between the daily market
price of shares of the Fund and the Fund’s net asset value (NAV).
The vertical axis of
the chart shows the premium or discount of the daily market price as a percentage of the
NAV. The horizontal axis shows each trading day in the time period, and each data point in
the chart represents the Premium/Discount on that day. The data presented in the chart and
table above represent past performance and cannot be used to predict future results.
(as of 09.03.2025) Holdings are subject to change.
| Ticker | Company Name | % of Net Assets |
|---|---|---|
| Cash | -1.67 % | |
| BRAZILIAN REAL | -1.2 % | |
| CHILEAN PESO | 0.28 % | |
| COLOMBIAN PESO | 0.4 % | |
| CZECH REPUBLIC KORUNA | 0 % | |
| EURO | -0.2 % | |
| HONG KONG DOLLAR | 0 % | |
| HUNGARIAN FORINT | 0.03 % | |
| INDIA RUPEE | -0.19 % | |
| INDONESIA RUPIAH | -0.14 % | |
| KOREAN WON | -0.52 % | |
| MALAYSIAN RINGGIT | 0 % | |
| MEXICAN PESO | 0 % | |
| PHILLIPINE PESO | 0.19 % | |
| POLISH ZLOTY | -0.09 % | |
| QATAR RIYAL SPOT | 0 % | |
| SAUDI RIYAL | -0.14 % | |
| SOUTH AFRICAN RAND | 0 % | |
| TAIWAN DOLLAR | 3.54 % | |
| THAILAND BAHT | 0.06 % | |
| TURKISH LIRA | -0.21 % | |
| UAE DIRHAM | 0 % | |
| 2345 | ACCTON TECHNOLOGY CORP | 2.31 % |
| ANTM | ANEKA TAMBANG TBK | 2 % |
| 278470 | APR CORP/KOREA | 0.51 % |
| CENOMICE AB | ARABIAN CENTRES CO LTD | 0.47 % |
| ASELS | ASELSAN ELEKTRONIK SANAYI | 0.21 % |
| ASTERDM | ASTER DM HEALTHCARE LTD | 1.16 % |
| 2357 | ASUSTEK COMPUTER INC | 1.11 % |
| BJHI | BAJAJ HOLDINGS A | 0.72 % |
| BBL | BANGKOK BANK PUB | 0.96 % |
| BSF | BANQUE SAUDI FRANSI | 0.26 % |
| BBSE3 | BB SEGURIDADE PA | 0.4 % |
| BPCL | BHARAT PETROLEUM CORP LTD | 0.33 % |
| BHARTI | BHARTI AIRTEL LTD | 0.72 % |
| BHARTIHE IN | BHARTI HEXACOM LTD | 0.31 % |
| BOS | BOSCH LTD | 0.49 % |
| BRIT | BRITANNIA INDUSTRIES LTD | 1.13 % |
| 2801 | CHANG HWA COMMERCIAL BANK | 0.73 % |
| CBC | CHINA BANKING CORP | 0.82 % |
| CRIN | COROMANDEL INTER | 0.58 % |
| CPFE3 | CPFL ENERGIA SA | 0.28 % |
| BAP | CREDICORP LTD | 0.67 % |
| DNP | DINO POLSKA SA | 1.04 % |
| DIXON | DIXON TECHNOLOGI | 1.04 % |
| DHBK | DOHA BANK QPSC | 1.2 % |
| 2884 | E.SUN FINANCIAL | 1.15 % |
| EIM | EICHER MOTORS LTD | 0.29 % |
| 2383 | ELITE MATERIAL CO LTD | 0.15 % |
| EMAARDEV UH | EMAAR DEVELOPMENT PJSC | 0.65 % |
| DU | EMIRATES INTEGRA | 1.46 % |
| EEC | ETIHAD ETISALAT CO | 0.24 % |
| 2618 | EVA AIRWAYS CORP | 0.6 % |
| FALAB | FALABELLA SA | 0.42 % |
| FMTY14 | FIBRA MTY SAPI DE CV | 0.8 % |
| SIBN | GAZPROM NEFT PJSC | 0 % |
| GVTD | GE VERNOVA T&D INDIA LTD | 1.23 % |
| GENTERA* MM | GENTERA SAB DE CV | 0.8 % |
| 086790 | HANA FINANCIAL GROUP | 1.78 % |
| HCLT | HCL TECHNOLOGIES LTD | 1.17 % |
| 267250 | HD HYUNDAI | 0.6 % |
| 329180 | HD HYUNDAI HEAVY INDUSTRI | 0.8 % |
| HDFCAMC | HDFC ASSET MANAG | 0.56 % |
| HPCL | HINDUSTAN PETROLEUM CORP | 0.71 % |
| POWERIND IN | HITACHI ENERGY INDIA LTD | 0.46 % |
| 2317 | HON HAI | 1.92 % |
| 064350 | HYUNDAI ROTEM COMPANY | 0.47 % |
| 005387 | Hyundai Motor Co | 0.67 % |
| 005385 | Hyundai Motor Co | 0.47 % |
| ICICIBC | ICICI BANK LTD | 1.4 % |
| INDF | INDOFOOD SUKSES | 0.37 % |
| 024110 | INDUSTRIAL BANK OF KOREA | 0.63 % |
| INL | INVESTEC LTD | 1.45 % |
| JARIR | JARIR MARKETING CO | 0.35 % |
| JKCE | JK CEMENT LTD | 1.29 % |
| KVB | KARUR VYSYA BANK LTD | 0.42 % |
| 105560 | KB FINANCIAL GROUP INC | 0.58 % |
| 000270 | KIA CORP | 0.84 % |
| 071050 | KOREA INVESTMENT | 0.64 % |
| KTB/F | KRUNG THAI BNK-F | 0.48 % |
| 032640 | LG UPLUS CORP | 0.39 % |
| MTELEKOM HB | MAGYAR TELEKOM | 1.83 % |
| 1477 | MAKALOT INDUSTRIAL CO LTD | 0.49 % |
| MUTH | MUTHOOT FINANCE LTD | 0.58 % |
| NPN | NASPERS LTD-N SHS | 1.28 % |
| NACL | NATIONAL ALUMINIUM CO LTD | 0.65 % |
| NFIL | NAVIN FLUORINE I | 2.07 % |
| NLMK | NOVOLIPETSK STEEL PJSC | 0 % |
| OPAP | OPAP SA | 0.69 % |
| OPTIMA | OPTIMA BANK SA | 0.47 % |
| OUT | OUTSURANCE GROUP LTD | 0.66 % |
| PAG | PAGE INDUSTRIES LTD | 0.58 % |
| PSYS | PERSISTENT SYSTEMS LTD | 0.4 % |
| PETR3 | PETROBRAS - PETROLEO BRAS | 0.87 % |
| PETD | PETRONAS DAGANGAN BHD | 0.27 % |
| PHOR | PHOSAGRO PJSC-GDR REG S | 0 % |
| PSSA3 | PORTO SEGURO SA | 0.33 % |
| PETR4 | Petroleo Brasileiro SA - | 1.39 % |
| RDCK | RADICO KHAITAN LTD | 1.14 % |
| 2379 | REALTEK SEMI | 0.94 % |
| RDOR3 | REDE D'OR SAO LUIZ SA | 0.24 % |
| REDI | REDINGTON LTD | 0.89 % |
| RIBL | RIYAD BANK | 0.55 % |
| RIYADHCA AB | RIYADH CABLES GROUP CO | 0.68 % |
| SALIK | SALIK CO PJSC | 0.58 % |
| 005930 | SAMSUNG ELECTRON | 4.34 % |
| SACCO | SAUDI CEMENT | 0.3 % |
| SIBC | SAUDI INVESTMENT BANK/THE | 0.34 % |
| SCB | SCB X PCL | 0.57 % |
| CHMF | SEVERSTAL PJSC | 0 % |
| 055550 | SHINHAN FINANCIA | 0.25 % |
| SRCM | SHREE CEMENT LTD | 0.23 % |
| 000660 | SK HYNIX INC | 2 % |
| SBIN | STATE BANK OF INDIA | 1.4 % |
| SUZB3 | SUZANO SA | 1.26 % |
| TPE | TAURON POLSKA ENERGIA SA | 2.06 % |
| TBS | TIGER BRANDS LTD | 0.44 % |
| TTB | TMBTHANACHART BANK PCL | 0.25 % |
| 3044 | TRIPOD TECHNOLOGY CORP | 1.89 % |
| FUNO11 | TRUST FIBRA UNO | 0.74 % |
| 2330 | TSMC | 16.1 % |
| 2404 | UNITED INTEGRATE | 1.93 % |
| UPLL | UPL LTD | 0.32 % |
| 316140 | WOORI FINANCIAL GROUP INC | 2.16 % |
