Rayliant Quantamental China Etf Profile
| RAYC Etf | USD 14.28 0.05 0.35% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Rayliant Quantamental is trading at 14.28 as of the 30th of January 2025, a 0.35 percent increase since the beginning of the trading day. The etf's open price was 14.23. Rayliant Quantamental has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 31st of December 2024 and ending today, the 30th of January 2025. Click here to learn more.
The fund invests, under normal circumstances, at least 80 percent of its net assets plus any borrowings for investment purposes in equity securities of issuers based in China. Rayliant Quantamental is traded on NYSEARCA Exchange in the United States. More on Rayliant Quantamental China
Moving together with Rayliant Etf
| 0.88 | KWEB | KraneShares CSI China Aggressive Push | PairCorr |
| 0.81 | FXI | iShares China Large Aggressive Push | PairCorr |
| 0.65 | EWT | iShares MSCI Taiwan | PairCorr |
| 0.94 | ASHR | Xtrackers Harvest CSI | PairCorr |
| 0.95 | GXC | SPDR SP China | PairCorr |
| 0.92 | CQQQ | Invesco China Technology | PairCorr |
Moving against Rayliant Etf
Rayliant Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, China Region, Rayliant (View all Sectors) |
| Issuer | Rayliant Asset Management |
| Inception Date | 2020-12-30 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 19.19 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Rayliant Asset Management |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Jason Hsu, Vivek Viswanathan, Phillip Wool |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 97.0 |
| Market Maker | Jane Street |
| Total Expense | 1.04 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | 1.16 |
| Name | Rayliant Quantamental China Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00YPS2J75 |
| In Threey Volatility | 24.72 |
| 1y Volatility | 27.78 |
| 200 Day M A | 14.0981 |
| 50 Day M A | 14.4692 |
| Code | RAYC |
| Updated At | 30th of January 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.7) |
| Type | ETF |
Rayliant Quantamental China [RAYC] is traded in USA and was established 2020-12-30. The fund is listed under China Region category and is part of Rayliant family. The entity is thematically classified as Strategy ETFs. Rayliant Quantamental at this time have 99.26 M in assets. , while the total return for the last 3 years was -12.1%.
Check Rayliant Quantamental Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Rayliant Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Rayliant Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Rayliant Quantamental China Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Rayliant Quantamental China Etf Constituents
| 601336 | New China Life | Stock | Financials | |
| 000858 | Wuliangye Yibin Co | Stock | Consumer Staples | |
| 600000 | Shanghai Pudong Development | Stock | Financials | |
| 300866 | Anker Innovations Technology | Stock | Consumer Discretionary | |
| 601319 | Peoples Insurance of | Stock | Financials | |
| 600183 | Shengyi Technology Co | Stock | Information Technology | |
| 600036 | China Merchants Bank | Stock | Financials | |
| 002001 | Zhejiang Nhu Co | Stock | Health Care |
Rayliant Quantamental Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Rayliant Quantamental. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.14) |
Rayliant Quantamental Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rayliant Quantamental China. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Rayliant Quantamental is measured differently than its book value, which is the value of Rayliant that is recorded on the company's balance sheet. Investors also form their own opinion of Rayliant Quantamental's value that differs from its market value or its book value, called intrinsic value, which is Rayliant Quantamental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rayliant Quantamental's market value can be influenced by many factors that don't directly affect Rayliant Quantamental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rayliant Quantamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rayliant Quantamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rayliant Quantamental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.