ETF profile
Rayliant NxtGen Multifactor US Equity ETF logo

Rayliant NxtGen Multifactor US Equity ETF (RWLC)

ETF overview

The RWLC is an Exchange-Traded Fund designed to mirror the performance of a strategically chosen basket of large-capitalization U.S. equities. Its selection process integrates a multi-factor approach, which is further refined through advanced machine learning algorithms. The sophisticated model underpinning the ETF leverages over 100 distinct signals, encompassing market-level, fundamental company data, and technical indicators, all drawn from 12 key factor categories. To mitigate risk, strict constraints are imposed on both single-stock concentration and industry exposure, measured against the FT Wilshire US Large Cap Index. The index construction methodology follows a three-step process: initially estimating risk-adjusted returns, followed by the calculation of the covariance matrix, and culminating in optimization for mean tracking error. Reconstitution of the index occurs on a quarterly basis. The data utilized for estimating stock risk-adjusted returns and the covariance matrix is derived from month-end figures, specifically from the month preceding each reconstitution event. Notably, before December 19, 2025, the fund operated under a different structure and name: the actively managed Rayliant Quantitative Developed Market Equity ETF (RAYD).

CountryUnited States of America
ExchangeAMEX
Trades inUSD
Current price
39.31 USD+0.33%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.32%
Issuer
Rayliant
Inception date
Dec 15, 2021
Number of holdings
110

Breakdown

Holdings (110)

NameTickerWeight
APPLE INCAAPL9.25%
NVIDIA CORPNVDA6.19%
MICROSOFT CORPMSFT3.89%
ALPHABET INC-CL AGOOGL3.33%
ALPHABET INC-CL CGOOG2.84%
MASTERCARD INC - AMA2.81%
ELI LILLY & COLLY2.39%
MICRON TECHNOLOGY INCMU2.28%
AMAZON.COM INCAMZN2.25%
GILEAD SCIENCES INCGILD2.17%
and 97 more

Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

Rayliant NxtGen Multifactor US Equity ETF (RWLC)

RWLC · AMEX
39.31 USD+0.33%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.32%
Issuer
Rayliant
Inception date
Dec 15, 2021
Number of holdings
110
Breakdown
Holdings (110)
NameTickerWeight
APPLE INCAAPL9.25%
NVIDIA CORPNVDA6.19%
MICROSOFT CORPMSFT3.89%
ALPHABET INC-CL AGOOGL3.33%
ALPHABET INC-CL CGOOG2.84%
MASTERCARD INC - AMA2.81%
ELI LILLY & COLLY2.39%
MICRON TECHNOLOGY INCMU2.28%
AMAZON.COM INCAMZN2.25%
GILEAD SCIENCES INCGILD2.17%
and 97 more
ETF overview

The RWLC is an Exchange-Traded Fund designed to mirror the performance of a strategically chosen basket of large-capitalization U.S. equities. Its selection process integrates a multi-factor approach, which is further refined through advanced machine learning algorithms. The sophisticated model underpinning the ETF leverages over 100 distinct signals, encompassing market-level, fundamental company data, and technical indicators, all drawn from 12 key factor categories. To mitigate risk, strict constraints are imposed on both single-stock concentration and industry exposure, measured against the FT Wilshire US Large Cap Index. The index construction methodology follows a three-step process: initially estimating risk-adjusted returns, followed by the calculation of the covariance matrix, and culminating in optimization for mean tracking error. Reconstitution of the index occurs on a quarterly basis. The data utilized for estimating stock risk-adjusted returns and the covariance matrix is derived from month-end figures, specifically from the month preceding each reconstitution event. Notably, before December 19, 2025, the fund operated under a different structure and name: the actively managed Rayliant Quantitative Developed Market Equity ETF (RAYD).

CountryUnited States of America
Trades inUSD
Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

Unlock all ETF data

Sign up for Free

Unlock all ETF data

Sign up for Free