RAYD vs. EFA
Compare and contrast key facts about Rayliant Quantitative Developed Market Equity ETF (RAYD) and iShares MSCI EAFE ETF (EFA).
RAYD and EFA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RAYD is an actively managed fund by Rayliant. It was launched on Dec 15, 2021. EFA is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Index. It was launched on Aug 14, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RAYD or EFA.
Correlation
The correlation between RAYD and EFA is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RAYD vs. EFA - Performance Comparison
Loading data...
Key characteristics
RAYD:
1.03
EFA:
0.61
RAYD:
1.57
EFA:
1.02
RAYD:
1.24
EFA:
1.14
RAYD:
1.20
EFA:
0.80
RAYD:
5.45
EFA:
2.41
RAYD:
3.56%
EFA:
4.69%
RAYD:
18.22%
EFA:
17.58%
RAYD:
-21.00%
EFA:
-61.04%
RAYD:
-3.64%
EFA:
-0.32%
Returns By Period
In the year-to-date period, RAYD achieves a 4.58% return, which is significantly lower than EFA's 13.70% return.
RAYD
4.58%
9.13%
2.94%
18.32%
N/A
N/A
EFA
13.70%
11.59%
10.08%
10.36%
11.86%
5.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RAYD vs. EFA - Expense Ratio Comparison
RAYD has a 0.80% expense ratio, which is higher than EFA's 0.32% expense ratio.
Risk-Adjusted Performance
RAYD vs. EFA — Risk-Adjusted Performance Rank
RAYD
EFA
RAYD vs. EFA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rayliant Quantitative Developed Market Equity ETF (RAYD) and iShares MSCI EAFE ETF (EFA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
RAYD vs. EFA - Dividend Comparison
RAYD's dividend yield for the trailing twelve months is around 0.94%, less than EFA's 2.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RAYD Rayliant Quantitative Developed Market Equity ETF | 0.94% | 0.98% | 1.63% | 1.40% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EFA iShares MSCI EAFE ETF | 2.85% | 3.24% | 2.98% | 2.69% | 3.33% | 2.13% | 3.10% | 3.39% | 2.57% | 3.07% | 2.76% | 3.72% |
Drawdowns
RAYD vs. EFA - Drawdown Comparison
The maximum RAYD drawdown since its inception was -21.00%, smaller than the maximum EFA drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for RAYD and EFA. For additional features, visit the drawdowns tool.
Loading data...
Volatility
RAYD vs. EFA - Volatility Comparison
Rayliant Quantitative Developed Market Equity ETF (RAYD) has a higher volatility of 7.14% compared to iShares MSCI EAFE ETF (EFA) at 4.68%. This indicates that RAYD's price experiences larger fluctuations and is considered to be riskier than EFA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...