Rayliant SMDAM Japan Equity ETF (RAYJ)

Assets	$23.62M
Expense Ratio	0.72%
PE Ratio	26.96
Shares Out	650,000
Dividend (ttm)	$0.56
Dividend Yield	1.56%
Ex-Dividend Date	Dec 30, 2025
Payout Frequency	Annual
Payout Ratio	39.31%

Volume	3,295
Open	35.95
Previous Close	36.71
Day's Range	35.84 - 36.04
52-Week Low	23.70
52-Week High	39.22
Beta	n/a
Holdings	33
Inception Date	Apr 4, 2024

About RAYJ

Fund Home Page

The Rayliant SMDAM Japan Equity ETF (RAYJ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing primarily in Japanese stocks. The fund targets firms that are perceived to exhibit sustainable earnings growth and sector flexibility RAYJ was launched on Apr 4, 2024 and is issued by Rayliant.

• Asset Class: Equity
• Category: Japan Stock
• Region: Global
• Stock Exchange: NYSEARCA
• Ticker Symbol: RAYJ
• ETF Provider: Rayliant

Top 10 Holdings

45.63% of assets

Name	Symbol	Weight
Mitsubishi UFJ Financial Group, Inc.	8306	5.93%
Fujikura Ltd.	5803	5.28%
Resonac Holdings Corporation	4004	5.25%
Toyota Motor Corporation	7203	4.93%
Food & Life Companies Ltd.	3563	4.76%
Toyota Tsusho Corporation	8015	4.17%
Kawasaki Heavy Industries, Ltd.	7012	3.87%
ASICS Corporation	7936	3.85%
Kinden Corporation	1944	3.82%
Fast Retailing Co., Ltd.	9983	3.75%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.562	Jan 7, 2026
Dec 30, 2024	$0.2149	Jan 7, 2025

Performance

RAYJ had a total return of 31.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 22.02%.