RAYE

Rayliant Quantamental Emerging Market ex-China Equity ETF

$29.48
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Rayliant Quantamental Emerging Market ex-China Equity ETF (RAYE) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Rayliant Quantamental Emerging Market ex-China Index.

Overview

ETF tracking Rayliant Quantamental Emerging Market ex-China Equity ETF

Issuer Other
Inception Date 2021-12-16
Market Cap $82.6M
Average Volume N/A
Dividend Yield 2.89%
52-Week Range $20.28 - $29.99
VWAP $29.48

Performance

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Investment Summary

📎 Investment Objective

The Rayliant Quantamental Emerging Market ex-China Equity ETF (RAYE) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Rayliant Quantamental Emerging Market ex-China Index.

🎯 Investment Strategy

The ETF employs a quantitative, rules-based approach to invest in equity securities of companies in emerging market countries, excluding China. The index methodology combines fundamental and technical factors to identify undervalued companies with positive momentum.

✨ Key Features

  • Exposure to emerging market equities outside of China
  • Quantitative, multi-factor investment approach
  • Potentially lower volatility than broad emerging market indexes
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Emerging market risk: Investing in developing countries may involve greater volatility and political, economic, and regulatory uncertainty
  • Currency risk: Returns may be affected by changes in the value of the local currency relative to the U.S. dollar
  • Liquidity risk: Lower trading volume in emerging market securities may impact the ability to buy or sell positions
  • Concentration risk: The fund's performance may be more sensitive to any single economic, market, political or regulatory occurrence due to its concentration in ex-China emerging markets

👤 Best For

This ETF may be suitable for investors seeking exposure to emerging market equities outside of China as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance and a long-term investment horizon.