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RAYD vs. SPYG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RAYD and SPYG is 0.84, 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.


-0.50.00.51.00.8

Performance

RAYD vs. SPYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rayliant Quantitative Developed Market Equity ETF (RAYD) and SPDR Portfolio S&P 500 Growth ETF (SPYG). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2025February
14.01%
14.15%
RAYD
SPYG

Key characteristics

Sharpe Ratio

RAYD:

2.59

SPYG:

1.84

Sortino Ratio

RAYD:

3.44

SPYG:

2.41

Omega Ratio

RAYD:

1.47

SPYG:

1.33

Calmar Ratio

RAYD:

3.81

SPYG:

2.61

Martin Ratio

RAYD:

15.78

SPYG:

10.01

Ulcer Index

RAYD:

1.99%

SPYG:

3.32%

Daily Std Dev

RAYD:

12.13%

SPYG:

18.05%

Max Drawdown

RAYD:

-21.00%

SPYG:

-67.79%

Current Drawdown

RAYD:

0.00%

SPYG:

-0.04%

Returns By Period

In the year-to-date period, RAYD achieves a 7.66% return, which is significantly higher than SPYG's 5.04% return.


RAYD

YTD

7.66%

1M

5.79%

6M

14.32%

1Y

30.40%

5Y*

N/A

10Y*

N/A

SPYG

YTD

5.04%

1M

2.71%

6M

14.04%

1Y

32.35%

5Y*

16.30%

10Y*

15.34%

*Annualized

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. SPYG - Expense Ratio Comparison

RAYD has a 0.80% expense ratio, which is higher than SPYG's 0.04% expense ratio.


RAYD
Rayliant Quantitative Developed Market Equity ETF
Expense ratio chart for RAYD: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%
Expense ratio chart for SPYG: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

RAYD vs. SPYG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RAYD
The Risk-Adjusted Performance Rank of RAYD is 9191
Overall Rank
The Sharpe Ratio Rank of RAYD is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of RAYD is 9191
Sortino Ratio Rank
The Omega Ratio Rank of RAYD is 9090
Omega Ratio Rank
The Calmar Ratio Rank of RAYD is 8989
Calmar Ratio Rank
The Martin Ratio Rank of RAYD is 9090
Martin Ratio Rank

SPYG
The Risk-Adjusted Performance Rank of SPYG is 7272
Overall Rank
The Sharpe Ratio Rank of SPYG is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of SPYG is 6868
Sortino Ratio Rank
The Omega Ratio Rank of SPYG is 7373
Omega Ratio Rank
The Calmar Ratio Rank of SPYG is 7373
Calmar Ratio Rank
The Martin Ratio Rank of SPYG is 7474
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RAYD vs. SPYG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Rayliant Quantitative Developed Market Equity ETF (RAYD) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.


Sharpe ratio
The chart of Sharpe ratio for RAYD, currently valued at 2.59, compared to the broader market0.002.004.002.591.84
The chart of Sortino ratio for RAYD, currently valued at 3.44, compared to the broader market-2.000.002.004.006.008.0010.0012.003.442.41
The chart of Omega ratio for RAYD, currently valued at 1.47, compared to the broader market0.501.001.502.002.503.001.471.33
The chart of Calmar ratio for RAYD, currently valued at 3.81, compared to the broader market0.005.0010.0015.003.812.61
The chart of Martin ratio for RAYD, currently valued at 15.78, compared to the broader market0.0020.0040.0060.0080.00100.0015.7810.01
RAYD
SPYG

The current RAYD Sharpe Ratio is 2.59, which is higher than the SPYG Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of RAYD and SPYG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50SeptemberOctoberNovemberDecember2025February
2.59
1.84
RAYD
SPYG

Dividends

RAYD vs. SPYG - Dividend Comparison

RAYD's dividend yield for the trailing twelve months is around 0.91%, more than SPYG's 0.58% yield.


TTM20242023202220212020201920182017201620152014
RAYD
Rayliant Quantitative Developed Market Equity ETF
0.91%0.98%1.63%1.40%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPYG
SPDR Portfolio S&P 500 Growth ETF
0.58%0.60%1.15%1.03%0.62%0.90%1.36%1.51%1.41%1.55%1.57%1.37%

Drawdowns

RAYD vs. SPYG - Drawdown Comparison

The maximum RAYD drawdown since its inception was -21.00%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for RAYD and SPYG. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%SeptemberOctoberNovemberDecember2025February0
-0.04%
RAYD
SPYG

Volatility

RAYD vs. SPYG - Volatility Comparison

The current volatility for Rayliant Quantitative Developed Market Equity ETF (RAYD) is 3.09%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.55%. This indicates that RAYD experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%SeptemberOctoberNovemberDecember2025February
3.09%
5.55%
RAYD
SPYG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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