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CUSIP
00775Y710
Issuer
Rayliant
Inception Date
Dec 15, 2021
Leveraged
1x (No leverage)
Index Tracked
FT Wilshire Emerging Large NxtGen Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend
Assets Under Management
$78M

Share Price Chart


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Performance

RWEM Performance Chart

Rayliant Wilshire NxtGen Emerging Markets Equity ETF (RWEM) is up 27.7% since the beginning of the year. RWEM is currently trading at $38 per share.


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S&P 500 Index

Returns By Period

Rayliant Wilshire NxtGen Emerging Markets Equity ETF (RWEM) has returned 27.68% so far this year and 52.26% over the past 12 months.


Rayliant Wilshire NxtGen Emerging Markets Equity ETF

1D
-1.40%
1M
6.68%
YTD
27.68%
6M
30.93%
1Y
52.26%
3Y*
24.58%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RWEM Monthly Returns History

Based on dividend-adjusted daily data since Dec 16, 2021, RWEM's average daily return is +0.06%, while the average monthly return is +1.10%. At this rate, an investment would double in approximately 5.3 years.

Historically, 55% of months were positive and 45% were negative. The best month was May 2026 with a return of +13.6%, while the worst month was Sep 2022 at -9.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, RWEM closed higher 50% of trading days. The best single day was Dec 8, 2025 with a return of +8.3%, while the worst single day was Jun 5, 2026 at -8.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.40%1.91%-9.15%11.36%13.60%3.42%27.68%
2025-0.55%-4.79%-0.37%3.11%6.18%7.52%0.95%1.43%4.15%5.37%-2.26%5.10%28.17%
2024-0.33%5.01%1.92%-1.92%0.23%6.40%0.69%2.09%0.36%-3.24%-2.60%-1.14%7.24%
20233.13%-2.86%-0.08%4.69%-0.60%8.06%3.66%-3.13%-2.67%-5.59%9.31%7.08%21.56%
2022-2.08%-3.12%-4.48%-5.14%2.50%-6.43%4.16%-0.95%-9.39%-2.67%11.55%-4.54%-20.11%
20210.16%0.16%

Benchmark Metrics

Rayliant Wilshire NxtGen Emerging Markets Equity ETF has an annualized alpha of 7.26%, beta of 0.63, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since December 16, 2021.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (81.75%) than losses (72.32%) - typical of diversified or defensive assets.
  • Beta of 0.63 may look defensive, but with R2 of 0.24 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.24 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
7.26%
Beta
0.63
0.24
Upside Capture
81.75%
Downside Capture
72.32%

Expense Ratio

RWEM has an expense ratio of 0.52%, placing it in the medium range.


Return for Risk

Risk / Return Rank

RWEM ranks 53 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


RWEM Risk / Return Rank: 5353
Overall Rank
RWEM Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
RWEM Sortino Ratio Rank: 4242
Sortino Ratio Rank
RWEM Omega Ratio Rank: 4747
Omega Ratio Rank
RWEM Calmar Ratio Rank: 7070
Calmar Ratio Rank
RWEM Martin Ratio Rank: 6262
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Rayliant Wilshire NxtGen Emerging Markets Equity ETF (RWEM) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


RWEMBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.52

Sortino ratioReturn per unit of downside risk

-0.68

Omega ratioGain probability vs. loss probability

1.30

1.37

-0.07

Calmar ratioReturn relative to maximum drawdown

3.41

2.78

+0.63

Martin ratioReturn relative to average drawdown

10.75

12.44

-1.69

Dividends

Dividend History

Rayliant Wilshire NxtGen Emerging Markets Equity ETF provided a 1.69% dividend yield over the last twelve months, with an annual payout of $0.64 per share.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%$0.00$0.20$0.40$0.60$0.80$1.0020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
Dividend$0.64$0.64$0.85$0.37$1.07$0.10

Dividend yield

1.69%2.15%3.59%1.60%5.59%0.39%

Monthly Dividends

The table displays the monthly dividend distributions for Rayliant Wilshire NxtGen Emerging Markets Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.64$0.64
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.85$0.85
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.37$0.37
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.07$1.07
2021$0.10$0.10

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Rayliant Wilshire NxtGen Emerging Markets Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Rayliant Wilshire NxtGen Emerging Markets Equity ETF was 26.92%, occurring on Oct 31, 2022. Recovery took 328 trading sessions.

The current Rayliant Wilshire NxtGen Emerging Markets Equity ETF drawdown is 1.40%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-26.92%Oct 2022
9mo 21d1y 3mo
2y 1moJan 2022 - Feb 2024
2025 selloff2025
-22.56%Apr 2025
6mo 13d2mo 19d
9mo 2dSep 2024 - Jun 2025
2026 correction2026
-15.39%Mar 2026
1mo 3d17d
1mo 20dFeb 2026 - Apr 2026
2026 correction2026
-10.54%Jun 2026
4d6d
10dJun 2026 - Jun 2026
2024 correction2024
-10.03%Aug 2024
24d1mo 20d
2mo 14dJul 2024 - Sep 2024

Drawdown Indicators


RWEMBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-26.92%

-56.78%

+29.86%

Max Drawdown (1Y)

Largest decline over 1 year

-15.39%

-9.10%

-6.29%

Max Drawdown (3Y)

Largest decline over 3 years

-22.56%

-18.90%

-3.66%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.40%

-1.80%

+0.40%

Average Drawdown

Average peak-to-trough decline

-9.57%

-10.71%

+1.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.87%

2.03%

+2.84%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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