Rayliant SMDAM Japan Equity ETF (RAYJ)

Assets	$21.63M
Expense Ratio	0.72%
PE Ratio	21.97
Shares Out	625,000
Dividend (ttm)	$0.56
Dividend Yield	1.62%
Ex-Dividend Date	Dec 30, 2025
Payout Frequency	Annual
Payout Ratio	35.97%

Volume	1,395
Open	34.63
Previous Close	34.90
Day's Range	34.63 - 34.73
52-Week Low	23.70
52-Week High	38.00
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

45.23% of assets

Name	Symbol	Weight
Mitsubishi UFJ Financial Group, Inc.	8306	6.56%
NEC Corporation	6701	5.24%
Toyota Motor Corporation	7203	5.21%
Resonac Holdings Corporation	4004	4.32%
Food & Life Companies Ltd.	3563	4.32%
Hitachi, Ltd.	6501	4.25%
Kawasaki Heavy Industries, Ltd.	7012	4.10%
Toyota Tsusho Corporation	8015	3.88%
Kinden Corporation	1944	3.69%
Fast Retailing Co., Ltd.	9983	3.67%

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 26.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 21.11%.