Skip to Content
ETFs

Rayliant Quantamental Emerging Market Equity ETF

RAYE
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Dec 15, 2021
Expense Ratio
0.8%
Type
Global Ex. US Equities
Fund Owner
Rayliant
Volume (1m avg. daily)
$42,903
AUM
$37,362,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No

Top 10 Holdings

2330
Taiwan Semiconductor Manufacturing
6.08%
9988
Alibaba Group Holding Ltd
4.55%
700
Tencent Holdings Ltd.
4.06%
000997
Newland Digital Technology Co Ltd - Ordinary Shares - Class A
3.46%
2015
Li Auto Inc - Ordinary Shares - Class A
2.86%
2328
PICC Property & Casualty Co - Ordinary Shares - Class H
2.68%
005930
Samsung Electronics
2.65%
CHDRAUIB
Grupo Comercial Chedraui S.A.B. C.V. - Ordinary Shares - Class B
2.54%
532321
Zydus Lifesciences Ltd.
2.38%
1099
Sinopharm Group Co Ltd
2.26%
Invest with RAYE
Trade RAYE Options

What is RAYE?

The Rayliant Quantamental Emerging Market 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. The resulting portfolio is designed to capture emerging markets growth, reduce risk, and exploit behavioral bias to outperform a passive approach.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

RAYE
Performance Measures**

for the time period Dec 16, 2021 to Dec 4, 2025

Returns

1M Trailing Return: -2.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 6.8%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -26.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 17.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.42

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.23

The annualized return divided by the max drawdown for the selected time period.

ETFs related toRAYE

ETFs correlated to RAYE include DFAE, VWO, EMGF

RAYE
Advisors Inner Circle Fund III - Rayliant Quantamental Emerging Market Equity ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
EMGF
BlackRock Institutional Trust Company N.A. - iShares Emerging Markets Equity Factor ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
DFEV
Dimensional ETF Trust - Dimensional Emerging Markets Value ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

RAYE is a Global Ex. US Equities ETF. The Rayliant Quantamental Emerging Market 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. The resulting portfolio is designed to capture emerging markets growth, reduce risk, and exploit behavioral bias to outperform a passive approach.

Yes, RAYE is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, RAYE is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RAYE is -0.0186%. This is the percent change in the value of RAYE over the most recent 1-month period. The 3-month return on RAYE is 0.0004%. This is the percent change in the value of RAYE over the most recent 3-month period.

The standard deviation of RAYE for the past year is 0.1827%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RAYE include QQH, RODM, and MOTI.

ETFs correlated to RAYE include DFAE, VWO, and EMGF.

ETFs that are inversely correlated to RAYE include EDZ, YANG, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.