Last updated 03.09.2026
Last updated 03.09.2026
The Rayliant Wilshire NxtGen US Large Equity ETF is designed to provide systematic exposure to US large cap equities through a transparent, rules-based approach developed by Wilshire Indexes and Rayliant, offering an alternative to traditional market-cap and legacy smart beta strategies. The strategy applies a disciplined, quantitative framework to seek more efficient exposure to long-term equity risk premia.
RWLC
(as of 02/28/2026)
| 1-MO | 3-MO | 1Y | 3Y | 5Y | YTD | Since Inception (12.15.2021) | |
|---|---|---|---|---|---|---|---|
| RWLC NAV (%) | -0.74% | 0.87% | 14.17% | 20.69% | – | 1.00% | 11.77% |
| RWLC Market Price (%) | -0.30% | 2.52% | 14.35% | 20.72% | – | 0.99% | 11.76% |
| S&P 500 (%) | -0.76% | 1.30% | 18.84% | 20.10% | – | 0.68% | 11.04% |
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
$33.10 Net Asset Value
NAV Change
+$0.28
Price
$32.88
Price Change
+$0.04
| Inception Date | 12.15.2021 |
| Ticker | RWLC |
| Primary Exchange | NYSE |
| Total Annual Fund Operating Expense* | 0.32% |
| CUSIP | 00775Y728 |
| Premium/Discount | – |
| 30-Day Median Bid/Ask Spread ¹ | 0.43% |
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.
The Rayliant Wilshire NxtGen US Large Cap Equity ETF (the “Fund”) seeks to track the total return performance, before fees and expenses, of the FT Wilshire US Large NxtGen Index, a rules-based equity index designed to provide systematic exposure to US large cap stocks using a next-generation quantitative methodology developed by Wilshire Indexes and Rayliant as an alternative to traditional market-cap and legacy smart beta approaches.
|
Number of Days At |
2025 |
2026 Q1 |
|---|---|---|
| Premium | 147 | 22 |
| NAV | 10 | 2 |
| Discount | 93 | 21 |
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 03.10.2026) Holdings are subject to change.
| Ticker | Company Name | % of Net Assets |
|---|---|---|
| AAPL | APPLE INC | 8.51% |
| NVDA | NVIDIA CORP | 6.37% |
| MSFT | MICROSOFT CORP | 4.19% |
| META | META PLATFORMS INC | 3.06% |
| AMZN | AMAZON.COM INC | 3.02% |
| GILD | GILEAD SCIENCES INC | 2.73% |
| GOOG | ALPHABET INC-CL C | 2.70% |
| KLAC | KLA CORP | 2.63% |
| GOOGL | ALPHABET INC-CL A | 2.60% |
| LRCX | LAM RESEARCH CORP | 2.59% |
