Last updated 05.27.2025
Last updated 05.27.2025
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 04/30/2025)
| 1-MO | 3-MO | 1Y | 3Y | 5Y | YTD | Since Inception (12.15.2021) | |
|---|---|---|---|---|---|---|---|
| RAYE NAV (%) | 3.18% | -2.74% | -0.65% | 5.07% | – | -2.87% | 0.82% |
| RAYE Market Price (%) | 3.12% | -2.16% | -0.26% | 5.67% | – | -2.69% | 0.94% |
| MSCI Emerging Markets ex China Index (%) | 3.89% | 0.07% | 3.95% | 3.69% | – | 2.21% | -0.10% |
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
$24.58 Net Asset Value
NAV Change
+$0.01
Price
$24.59
Price Change
+$0.15
| 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 | 0.4125% |
| 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 |
|---|---|---|---|
| Premium | 186 | 40 | 18 |
| NAV | 9 | 0 | 1 |
| Discount | 57 | 20 | 20 |
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 05.28.2025) Holdings are subject to change.
| Ticker | Company Name | % of Net Assets |
|---|---|---|
| Cash | 0.52 % | |
| BRAZILIAN REAL | 0 % | |
| CZECH REPUBLIC KORUNA | 0 % | |
| EURO | 0 % | |
| HONG KONG DOLLAR | 0 % | |
| HUNGARIAN FORINT | 0 % | |
| INDIA RUPEE | 0 % | |
| INDONESIA RUPIAH | 0 % | |
| MALAYSIAN RINGGIT | 0 % | |
| MEXICAN PESO | 0 % | |
| POLISH ZLOTY | 0 % | |
| QATAR RIYAL SPOT | 0 % | |
| SAUDI RIYAL | 0 % | |
| SOUTH AFRICAN RAND | 0 % | |
| TAIWAN DOLLAR | 0 % | |
| THAILAND BAHT | 0 % | |
| UAE DIRHAM | 0 % | |
| AOTHAIM | ABDULLAH AL OTHA | 0.46 % |
| 2345 | ACCTON TECHNOLOGY CORP | 1.39 % |
| ADNOCDRI UH | ADNOC DRILLING CO PJSC | 0.6 % |
| ADRO | ALAMTRI RESOURCES IND | 0.38 % |
| ALFAA | ALFA S.A.B.-A | 0.44 % |
| AMBER | AMBER ENTERPRISE | 0.31 % |
| AMM | AMMB HOLDINGS BHD | 0.57 % |
| 1102 | ASIA CEMENT CORP | 0.62 % |
| BAF | BAJAJ FINANCE LTD | 0.34 % |
| BJHI | BAJAJ HOLDINGS A | 0.83 % |
| BBDC3 | BANCO BRADESCO S.A. | 0.5 % |
| BBL | BANGKOK BANK PUB | 1.84 % |
| BBSE3 | BB SEGURIDADE PA | 0.99 % |
| BHARTI | BHARTI AIRTEL LTD | 1.52 % |
| BBDC4 | Banco Bradesco SA | 1.86 % |
| CCC | CCC SA | 0.69 % |
| CBC | CHINA BANKING CORP | 1.02 % |
| CIFC | CHOLAMANDALAM IN | 0.22 % |
| COHANCE | COHANCE LIFESCIENCES LTD | 0.2 % |
| CLGT | COLGATE PALMOLIVE (INDIA) | 0.84 % |
| CRIN | COROMANDEL INTER | 1.9 % |
| ALARKAN | DAR AL ARKAN REA | 0.33 % |
| DNP | DINO POLSKA SA | 0.61 % |
| DIVI | DIVI'S LABORATORIES LTD | 0.21 % |
| DIXON | DIXON TECHNOLOGI | 1.16 % |
| DHBK | DOHA BANK QPSC | 0.9 % |
| EMAARDEV UH | EMAAR DEVELOPMENT PJSC | 0.66 % |
| HMN | EMAMI LTD | 1.04 % |
| DU | EMIRATES INTEGRA | 1.45 % |
| 2603 | EVERGREEN MARINE CORP LTD | 1.01 % |
| ANDINAB | Embotelladora Andina SA | 1.89 % |
| FALAB | FALABELLA SA | 0.41 % |
| FMTY14 | FIBRA MTY SAPI DE CV | 0.26 % |
| 2881 | FUBON FINANCIAL | 2.45 % |
| SIBN | GAZPROM NEFT PJSC | 0 % |
| GVTD | GE VERNOVA T&D INDIA LTD | 0.35 % |
| GENTERA* MM | GENTERA SAB DE CV | 0.36 % |
| GLXO | GLAXOSMITHKLINE | 1.13 % |
| GNP | GLENMARK PHARMA | 1.8 % |
| 086790 | HANA FINANCIAL GROUP | 1.81 % |
| HCLT | HCL TECHNOLOGIES LTD | 2 % |
| 267250 | HD HYUNDAI | 0.49 % |
| 329180 | HD HYUNDAI HEAVY INDUSTRI | 0.75 % |
| 009540 | HD KOREA SHIPBUI | 0.67 % |
| HDFCB | HDFC BANK LIMITED | 0.27 % |
| HPCL | HINDUSTAN PETROLEUM CORP | 0.93 % |
| 2317 | HON HAI | 1.51 % |
| 005387 | Hyundai Motor Co | 0.25 % |
| ICICIGI | ICICI LOMBARD GE | 0.91 % |
| 024110 | INDUSTRIAL BANK OF KOREA | 0.6 % |
| INFO | INFOSYS LTD | 1.38 % |
| 3481 | INNOLUX CORP | 0.68 % |
| 3293 | INTL GAMES | 0.54 % |
| INL | INVESTEC LTD | 0.67 % |
| ITUB4 | Itau Unibanco Holding SA | 0.22 % |
| 175330 | JB FINANCIAL GROUP CO LTD | 1.72 % |
| JBSS3 | JBS SA | 1.06 % |
| KBANK | KASIKORNBANK PCL | 0.56 % |
| 000270 | KIA CORP | 0.72 % |
| 2059 | KING SLIDE WORKS CO LTD | 0.71 % |
| KTB | KRUNG THAI BANK | 0.43 % |
| LPC | LUPIN LTD | 1.06 % |
| MTELEKOM HB | MAGYAR TELEKOM | 1.19 % |
| 1477 | MAKALOT INDUSTRIAL CO LTD | 0.48 % |
| MTM | MOMENTUM GROUP LIMITED | 1.37 % |
| MUTH | MUTHOOT FINANCE LTD | 0.52 % |
| NPN | NASPERS LTD-N SHS | 1.3 % |
| 005940 | NH INVESTMENT & | 0.38 % |
| NLMK | NOVOLIPETSK STEEL PJSC | 0 % |
| OPAP | OPAP SA | 0.78 % |
| OUT | OUTSURANCE GROUP LTD | 0.54 % |
| PAG | PAGE INDUSTRIES LTD | 0.66 % |
| PSYS | PERSISTENT SYSTEMS LTD | 1.22 % |
| PHOR | PHOSAGRO PJSC-GDR REG S | 0 % |
| REDI | REDINGTON LTD | 1.14 % |
| RHBBANK | RHB BANK BHD | 0.53 % |
| RIYADHCA AB | RIYADH CABLES GROUP CO | 1.26 % |
| SALIK | SALIK CO PJSC | 0.8 % |
| 005930 | SAMSUNG ELECTRON | 3.59 % |
| SLM | SANLAM LTD | 0.22 % |
| CHMF | SEVERSTAL PJSC | 0 % |
| 000660 | SK HYNIX INC | 1.91 % |
| 017670 | SK TELECOM | 0.4 % |
| 3045 | TAIWAN MOBILE CO LTD | 1.02 % |
| TCS | TATA CONSULTANCY SVCS LTD | 0.29 % |
| TPE | TAURON POLSKA ENERGIA SA | 1.41 % |
| TECHM | TECH MAHINDRA LTD | 1.77 % |
| TTB | TMBTHANACHART BANK PCL | 0.27 % |
| 3044 | TRIPOD TECHNOLOGY CORP | 0.42 % |
| 2330 | TSMC | 14.68 % |
| GARAN | TURKIYE GARANTI BANKASI | 0.33 % |
| EXTRA | UNITED ELECTRONICS CO | 1.54 % |
| 2404 | UNITED INTEGRATE | 1.62 % |
| UNTR | UNITED TRACTORS TBK PT | 0.51 % |
| UPLL | UPL LTD | 0.36 % |
| 2615 | WAN HAI LINES LTD | 0.33 % |
| WPRO | WIPRO LTD | 0.49 % |
| 316140 | WOORI FINANCIAL GROUP INC | 1.6 % |
| 2609 | YANG MING MARINE | 1.02 % |
