RAYD vs. EWJV
Compare and contrast key facts about Rayliant Quantitative Developed Market Equity ETF (RAYD) and iShares MSCI Japan Value ETF (EWJV).
RAYD and EWJV 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. EWJV is a passively managed fund by iShares that tracks the performance of the MSCI Japan Value Index. It was launched on Mar 5, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RAYD or EWJV.
Correlation
The correlation between RAYD and EWJV is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RAYD vs. EWJV - Performance Comparison
Loading data...
Key characteristics
RAYD:
1.03
EWJV:
0.49
RAYD:
1.57
EWJV:
0.76
RAYD:
1.24
EWJV:
1.10
RAYD:
1.20
EWJV:
0.66
RAYD:
5.45
EWJV:
2.25
RAYD:
3.56%
EWJV:
4.27%
RAYD:
18.22%
EWJV:
21.28%
RAYD:
-21.00%
EWJV:
-30.05%
RAYD:
-3.64%
EWJV:
-1.29%
Returns By Period
In the year-to-date period, RAYD achieves a 4.58% return, which is significantly lower than EWJV's 9.72% return.
RAYD
4.58%
9.13%
2.94%
18.32%
N/A
N/A
EWJV
9.72%
11.43%
9.55%
10.71%
12.70%
N/A
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. EWJV - Expense Ratio Comparison
RAYD has a 0.80% expense ratio, which is higher than EWJV's 0.15% expense ratio.
Risk-Adjusted Performance
RAYD vs. EWJV — Risk-Adjusted Performance Rank
RAYD
EWJV
RAYD vs. EWJV - 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 Japan Value ETF (EWJV). 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. EWJV - Dividend Comparison
RAYD's dividend yield for the trailing twelve months is around 0.94%, less than EWJV's 3.74% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
RAYD Rayliant Quantitative Developed Market Equity ETF | 0.94% | 0.98% | 1.63% | 1.40% | 0.02% | 0.00% | 0.00% |
EWJV iShares MSCI Japan Value ETF | 3.74% | 4.10% | 3.32% | 2.71% | 2.47% | 1.97% | 4.29% |
Drawdowns
RAYD vs. EWJV - Drawdown Comparison
The maximum RAYD drawdown since its inception was -21.00%, smaller than the maximum EWJV drawdown of -30.05%. Use the drawdown chart below to compare losses from any high point for RAYD and EWJV. For additional features, visit the drawdowns tool.
Loading data...
Volatility
RAYD vs. EWJV - Volatility Comparison
Rayliant Quantitative Developed Market Equity ETF (RAYD) has a higher volatility of 7.14% compared to iShares MSCI Japan Value ETF (EWJV) at 6.66%. This indicates that RAYD's price experiences larger fluctuations and is considered to be riskier than EWJV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...