Menu

Last updated 02.26.2024

Rayliant Quantamental Emerging Market ex-China Equity ETF

Last updated 02.26.2024

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.

BUY NOW
Go back to ETFs List

NAV

$23.99 Net Asset Value

NAV Change

NAV Change

-$0.09

NET EXPENSE RATIO*

0.88%

* A full explanation of expenses and fees are stated in the prospectus. Fee waivers are contractual and in effect until 1/31/2024.

Price

$24.09

Price Change

NAV Change

-$0.14

GROSS EXPENSE RATIO*

1.86%

* A full explanation of expenses and fees are stated in the prospectus. Fee waivers are contractual and in effect until 1/31/2024.

Fund Highlights

RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF

WATCH VIDEO

Key Facts

Inception Date 12.15.2021
Ticker RAYE
Primary Exchange NYSE
CUSIP 00775Y710
Premium/Discount 0.00%
30-Day Median Bid/Ask Spread ¹ 0.3878%

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.

Investment Objective

The Rayliant Quantamental Emerging Market ex-China Equity ETF (the “Fund”) seeks long-term capital appreciation.

Monthly
Performance

(as of 01/31/2024)

1-MO 3-MO 1Y 3Y 5Y YTD Since Inception (12.15.2021)
NAV (%) -0.65% 16.21% 17.04% - - -0.65% -0.77%
Market Price (%) -0.31% 16.64% 17.47% - - -0.31% -0.66%

Quarterly
Performance

(as of 12/31/2023)

1-MO 3-MO 1Y 3Y 5Y YTD Since Inception (12.15.2021)
NAV (%) 6.71% 10.19% 22.24% - - 22.24% -0.48%
Market Price (%) 7.06% 10.46% 21.51% - - 21.51% -0.54%

Performance Disclosure

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.

Historical Premium
/ Discount Data

Number of Days At: 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024
Premium 132 30 18 17 37 33
NAV 13 1 3 0 2 0
Discount 106 31 41 46 24 4

Chart Description

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.

Top 10 Holdings

(as of 02.26.2024) Holdings are subject to change.

Ticker Company Name % of Net Assets
SOUTH AFRICAN RAND 0.00%
THAILAND BAHT 0.01%
MEXICAN PESO 1.10%
HONG KONG DOLLAR 0.00%
EURO 0.00%
KOF COCA-COLA FEMSA SAB-SP ADR 0.26%
CASH -5.03%
BRAZILIAN REAL 0.00%
INDIA RUPEE 0.01%
INDONESIA RUPIAH 0.00%
PETR4 BZ Petroleo Brasileiro SA 0.19%
2317 TT HON HAI PRECISION INDUSTRY 0.77%
005930 KS SAMSUNG ELECTRONICS CO LTD 4.56%
2330 TT TAIWAN SEMICONDUCTOR MANUFAC 10.59%
EGYPTIAN POUND 0.18%
KOREAN WON 4.75%
TAIWAN DOLLAR 0.00%
DRRD IN DR. REDDY'S LABORATORIES 0.85%
2357 TT ASUSTEK COMPUTER INC 1.65%
017670 KS SK TELECOM 0.49%
016360 KS SAMSUNG SECURITIES CO LTD 0.40%
015760 KS KOREA ELECTRIC POWER CORP 0.36%
FSR SJ FIRSTRAND LTD 0.25%
MALAYSIAN RINGGIT 0.00%
2377 TT MICRO-STAR INTERNATIONAL CO 0.52%
2881 TT FUBON FINANCIAL HOLDING CO 0.24%
ITSA4 BZ Itausa SA 1.58%
2891 TT CTBC FINANCIAL HOLDING CO LT 0.21%
KIMBERA MM KIMBERLY-CLARK DE MEXICO-A 0.64%
GMEXICOB M GRUPO MEXICO SAB DE CV-SER B 0.20%
2345 TT ACCTON TECHNOLOGY CORP 0.27%
2382 TT QUANTA COMPUTER INC 0.38%
2458 TT ELAN MICROELECTRONICS CORP 1.31%
OPAP GA OPAP SA 0.27%
2301 TT LITE-ON TECHNOLOGY CORP 0.68%
3034 TT NOVATEK MICROELECTRONICS COR 1.35%
000270 KS KIA CORP 2.24%
BPCL IN BHARAT PETROLEUM CORP LTD 0.48%
GGBR4 BZ Gerdau SA 0.16%
MSIL IN MARUTI SUZUKI INDIA LTD 0.27%
005830 KS DB INSURANCE CO LTD 0.71%
1477 TT MAKALOT INDUSTRIAL CO LTD 1.12%
BBRI IJ BANK RAKYAT INDONESIA PERSER 0.68%
HCLT IN HCL TECHNOLOGIES LTD 0.71%
BBAS3 BZ BANCO DO BRASIL S.A. 0.34%
3231 TT WISTRON CORP 0.33%
ONGC IN OIL & NATURAL GAS CORP LTD 0.34%
LT IN LARSEN & TOUBRO LTD 0.27%
ITUB4 BZ Itau Unibanco Holding SA 0.55%
FROTO TI FORD OTOMOTIV SANAYI AS 0.76%
SLM SJ SANLAM LTD 0.88%
071050 KS KOREA INVESTMENT HOLDINGS CO 0.46%
6505 TT FORMOSA PETROCHEMICAL CORP 0.28%
ITC IN ITC LTD 0.55%
086790 KS HANA FINANCIAL GROUP 0.81%
6176 TT RADIANT OPTO-ELECTRONICS COR 0.81%
MBT PM METROPOLITAN BANK & TRUST 0.43%
3044 TT TRIPOD TECHNOLOGY CORP 1.67%
UNVR IJ UNILEVER INDONESIA TBK PT 0.28%
EAST EY EASTERN CO SAE 0.28%
WHL SJ WOOLWORTHS HOLDINGS LTD 0.21%
JDSL IN JINDAL STAINLESS LTD 0.71%
PTTEP TB PTT EXPLOR & PROD PUBLIC CO 0.36%
BELA GA JUMBO SA 0.69%
TOP TB THAI OIL PCL 0.45%
UNITED ARAB EMIRATES DIRHAM 0.00%
SBK SJ STANDARD BANK GROUP LTD 0.47%
SAUDI ARABIA RIYAL 0.76%
BBNI IJ BANK NEGARA INDONESIA PERSER 0.43%
2105 TT CHENG SHIN RUBBER IND CO LTD 0.20%
IOCL IN INDIAN OIL CORP LTD 0.46%
TOASO TI TOFAS TURK OTOMOBIL FABRIKA 0.50%
105560 KS KB FINANCIAL GROUP INC 0.44%
MOH GA MOTOR OIL (HELLAS) SA 0.42%
CLGT IN COLGATE PALMOLIVE (INDIA) 0.24%
ADVANC TB ADVANCED INFO SERVICE PCL 0.56%
ARBP IN AUROBINDO PHARMA LTD 0.27%
010950 KS S-OIL CORP 0.31%
PZU PW POWSZECHNY ZAKLAD UBEZPIECZE 0.38%
BBDC4 BZ Banco Bradesco SA 0.21%
086280 KS HYUNDAI GLOVIS CO LTD 0.57%
2618 TT EVA AIRWAYS CORP 0.62%
2385 TT CHICONY ELECTRONICS CO LTD 1.08%
068270 KS CELLTRION INC 0.42%
138040 KS MERITZ FINANCIAL GROUP INC 0.60%
2882 TT CATHAY FINANCIAL HOLDING CO 0.41%
EMAAR UH EMAAR PROPERTIES PJSC 0.45%
161390 KS HANKOOK TIRE & TECHNOLOGY CO 0.66%
BSOFT IN BIRLASOFT LTD 1.28%
FIBRAMQ MM MACQUARIE MEXICO REAL ESTATE 0.57%
BBSE3 BZ BB SEGURIDADE PARTICIPACOES 0.71%
005385 KS Hyundai Motor Co 0.58%
TLKM IJ TELKOM INDONESIA PERSERO TBK 0.36%
OTP HB OTP BANK PLC 1.55%
009540 KS HD KOREA SHIPBUILDING & OFFS 0.72%
PFBCOLO CB Bancolombia SA 0.75%
SIBN RM GAZPROM NEFT PJSC 0.00%
CHMF RM SEVERSTAL PJSC 0.00%
3529 TT EMEMORY TECHNOLOGY INC 0.20%
INTUCH TB INTOUCH HOLDINGS PCL 0.43%
2912 TT PRESIDENT CHAIN STORE CORP 0.22%
ICICIBC IN ICICI BANK LTD 1.18%
HUNGARIAN FORINT 0.00%
MEXICAN PESO -1.10%
POLISH ZLOTY 0.00%
WALMEX* MM WALMART DE MEXICO SAB DE CV 0.33%
PHOR LI PHOSAGRO PJSC-GDR REG S 0.00%
EMIRATES U EMIRATES NBD PJSC 0.52%
267250 KS HD HYUNDAI 0.22%
3661 TT ALCHIP TECHNOLOGIES LTD 0.30%
MTM SJ MOMENTUM METROPOLITAN HOLDIN 0.19%
OR TB PTT OIL & RETAIL BUSINESS PC 0.34%
MER PM MANILA ELECTRIC COMPANY 0.34%
ZENT IN ZENSAR TECHNOLOGIES LTD 0.44%
ZYDUSLIF I ZYDUS LIFESCIENCES LTD 0.88%
INDIA CAPITAL GAINS TAX -0.37%
BID SJ BID CORP LTD 0.31%
MRCO IN MARICO LTD 0.22%
MONET CP MONETA MONEY BANK AS 0.32%
BCP TB BANGCHAK CORP PCL 0.77%
TRP IN TORRENT PHARMACEUTICALS LTD 0.70%
128940 KS HANMI PHARM CO LTD 0.18%
AIRARABI U AIR ARABIA PJSC 0.45%
3005 TT GETAC HOLDINGS CORP 0.85%
034730 KS SK INC 0.38%
MRF IN MRF LTD 0.65%
OFSS IN ORACLE FINANCIAL SERVICES 0.29%
3036 TT WT MICROELECTRONICS CO LTD 0.45%
VBL IN VARUN BEVERAGES LTD 0.67%
YTLP MK YTL POWER INTERNATIONAL BHD 0.81%
NLMK RM NOVOLIPETSK STEEL PJSC 0.00%
FIBRAPL MM PROLOGIS PROPERTY MEXICO SA 0.00%
PTT TB PTT PCL 0.61%
PG IN PROCTER & GAMBLE HYGIENE 0.81%
OSP TB OSOTSPA PCL 0.24%
MEH AB MIDDLE EAST HEALTHCARE CO 1.08%
MEDANTA IN GLOBAL HEALTH LTD/INDIA 1.06%
BAF IN BAJAJ FINANCE LTD 0.45%
BSE IN BSE LTD 0.33%
STC AB SAUDI TELECOM CO 0.34%
SNB AB THE SAUDI NATIONAL BANK 0.31%
316140 KS WOORI FINANCIAL GROUP INC 0.69%
EEC AB ETIHAD ETISALAT CO 0.66%
HDFCB IN HDFC BANK LIMITED 0.97%
HDFCAMC IN HDFC ASSET MANAGEMENT CO LTD 0.43%
TIMS3 BZ TIM SA 0.68%
TPEIR GA Piraeus Financial Holdings S.A 0.53%
035900 KS JYP ENTERTAINMENT CORP 0.34%
3M IN 3M INDIA LTD 0.64%
TRENT IN TRENT LTD 0.64%
259960 KS KRAFTON INC 0.69%
CXSE3 BZ CAIXA SEGURIDADE PARTICIPACO 0.31%
VBBR3 BZ VIBRA ENERGIA SA 0.54%
ANGELONE I ANGEL ONE LTD 0.35%
ELM AB ELM CO 0.39%
NRP SJ NEPI ROCKCASTLE N.V. 0.46%
AMR UH AMERICANA RESTAURANTS INTERN 0.16%
OUT SJ OUTSURANCE GROUP LTD 0.39%
RIYADHCA A RIYADH CABLES GROUP CO 1.30%
INL SJ INVESTEC LTD 0.65%
248070 KS SOLUM CO LTD 1.64%
NPN SJ NASPERS LTD-N SHS 0.66%
HNAL IN HINDUSTAN AERONAUTICS LTD 1.17%
1722 TT TAIWAN FERTILIZER CO LTD 0.66%
QATAR RIYAL SPOT 0.00%
VOD SJ VODACOM GROUP LTD 0.19%
TTMT/A IN TATA MOTORS LTD-A-DVR 0.71%
ABEV3 BZ AMBEV SA 0.25%
INDIGO IN INTERGLOBE AVIATION LTD 0.27%
BH TB BUMRUNGRAD HOSPITAL PCL 0.39%
Q* MM QUALITAS CONTROLADORA SAB CV 1.05%
402340 KS SK SQUARE CO LTD 0.25%
EMAARDEV U EMAAR DEVELOPMENT PJSC 1.65%

Important Information

Prospectus Disclosure

Carefully consider the Funds’ investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Funds’ full or summary prospectus, which may be obtained by calling +1 (626) 407-4581 or visiting funds.rayliant.com

Please read the prospectus carefully before investing.

Risk of Investing

Investing involves risk, including the risk of total loss of principal. Please consider the following risks before investing in the ETF.

Investment Objectives

There can be no assurance that an ETF will achieve its stated objectives.

Smaller Companies

Investments in smaller companies typically exhibit higher volatility.

Quantitative Investments

Investments that are managed according to a quantitative model can perform differently from the market as a whole.

International Risk

International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations.

Emerging Markets Risk

Emerging markets risk assumes heightened risks to all the same factors within International Risk as well as increased volatility and lower trading volume.

Active Management Risk

The Adviser’s judgments about the attractiveness, value, or potential appreciation of the Fund’s investments may prove to be incorrect. The Fund may trade securities actively, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate.

New Fund Risk

Because the Fund is new, investors bear the risk that it may not be successful in implementing its investment strategy, employ a successful investment strategy, or may fail to attract sufficient assets under management. This could result in the Fund being liquidated at any time.

Geographic Focus Risk

The Fund may focus its investments in a particular country or geographic region and as a result, it may be subject to greater price volatility and risk of loss than a fund holding more geographically diverse investments.

Distributor

The Fund is distributed by SEI Investments Distribution Co. (SIDCO, 1 Freedom Valley Drive, Oaks, PA, 19456), which is not affiliated with the Fund’s adviser.

Compliance with Executive Order

The adviser confirms it has taken the following steps to comply with Executive Order 13959 dated 12 November 2020:
1. It has not purchased and will not purchase for value on or after January 11, 2021 any of the Sanctioned Securities of companies identified in the Executive Order;
2. As additional Sanctioned Securities become subject to restrictions under the Executive Order, it will not purchase for value any of these Sanctioned Securities on or after the effective date of the restrictions applicable to these Sanctioned Securities;
3. To the extent it maintains holdings of Sanctioned Securities prior to the effective date of the restrictions under the Executive Order applicable to these Sanctioned Securities, it will divest all holdings of the Sanctioned Securities in accordance with the requirements of the Executive Order.