Rayliant SMDAM Japan Equity ETF (RAYJ)

Assets	$27.01M
Expense Ratio	0.72%
PE Ratio	26.46
Shares Out	650,000
Dividend (ttm)	$0.56
Dividend Yield	1.43%
Ex-Dividend Date	Dec 30, 2025
Payout Frequency	Annual
Payout Ratio	37.91%

Volume	9,986
Open	39.28
Previous Close	40.54
Day's Range	39.16 - 39.52
52-Week Low	28.80
52-Week High	41.68
Beta	1.09
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

48.64% of assets

Name	Symbol	Weight
Resonac Holdings Corporation	4004	7.09%
Fujikura Ltd.	5803	5.95%
Mitsubishi UFJ Financial Group, Inc.	8306	5.44%
Kioxia Holdings Corporation	285A	5.16%
Food & Life Companies Ltd.	3563	4.62%
Mitsubishi Electric Corporation	6503	4.36%
Toyota Tsusho Corporation	8015	4.34%
Daifuku Co., Ltd.	6383	4.11%
Ebara Corporation	6361	3.79%
Toyota Motor Corporation	7203	3.79%

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 39.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 25.12%.