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RAYJ - AI Analysis
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Rayliant SMDAM Japan Equity ETF (RAYJ)
Rating:71Outperform
Price Target:
$37.00
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid returns so far this year, indicating strong overall momentum.
Diversified Sector Exposure
The fund invests across multiple sectors, including Consumer Cyclical, Industrials, and Technology, reducing reliance on any single industry.
Focus on Japan’s Economy
With nearly 100% exposure to Japan, the ETF provides targeted access to one of the world’s largest and stable economies.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee compared to many other funds, which can eat into investor returns over time.
Over-Concentration in Japan
The fund’s heavy focus on Japan limits diversification and exposes investors to risks specific to the Japanese market.
Mixed Performance Among Top Holdings
While some top holdings have performed well, others like Toyota Motor have lagged, potentially dragging down overall returns.
RAYJ vs. SPDR S&P 500 ETF (SPY)
AUM16.20M
RegionAsia-Pacific
Expense Ratio0.72%
Beta0.92
IssuerRayliant
Inception DateApr 04, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,596
30 Day Avg. Volume2,627
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
38.86Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
RAYJ Summary
The Rayliant SMDAM Japan Equity ETF (RAYJ) is a fund that invests in a wide range of Japanese companies, from small and mid-sized firms to larger, well-established ones. It focuses on Japan’s total market, including industries like consumer goods, technology, and finance. Some of its top holdings include well-known companies like Toyota and Sony. This ETF could be a good choice for investors looking to diversify their portfolio internationally or tap into Japan’s economic growth. However, new investors should know that its performance is tied closely to Japan’s economy, so if the market there struggles, the ETF’s value could drop.
How much will it cost me?The Rayliant SMDAM Japan Equity ETF (Ticker: RAYJ) has an expense ratio of 0.72%, which means you’ll pay $7.20 per year for every $1,000 invested. This is higher than average because the fund is actively managed, focusing on a specialized approach to Japan's equity markets rather than tracking a broad index.
What would affect this ETF?The Rayliant SMDAM Japan Equity ETF could benefit from Japan's economic recovery, increased consumer spending, and advancements in technology, which align with its significant exposure to Consumer Cyclical, Industrials, and Technology sectors. However, potential risks include global economic slowdowns, currency fluctuations affecting Japan's export-driven economy, and regulatory changes that could impact key industries like automotive and financial services. Investors should also consider how interest rate changes in Japan might influence corporate growth and market performance.
RAYJ Top 10 Holdings
The Rayliant SMDAM Japan Equity ETF leans heavily into Japan’s consumer cyclical, industrial, and technology sectors, with companies like Fujikura Ltd and Sony providing steady growth and positive momentum. Sanrio Company adds a touch of charm with its strong financial performance, though its valuation raises some eyebrows. On the flip side, Mitsubishi UFJ Financial Group and SCSK Corporation have been lagging, with bearish trends holding back their contributions. Overall, the fund’s sector concentration in Japan’s dynamic industries offers a balanced mix of growth and stability, but a few names are struggling to keep pace.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Fujikura Ltd | 7.28% | $1.18M | ¥5.74T | 244.48% | 68 Neutral | |
| Mitsubishi UFJ Financial Group | 5.73% | $927.00K | ¥26.27T | 45.93% | 75 Outperform | |
| NEC | 5.58% | $902.44K | ¥7.84T | 107.42% | 72 Outperform | |
| Toyota Motor | 4.95% | $801.03K | ¥41.51T | 17.17% | 81 Outperform | |
| Sony | 4.52% | $730.84K | ¥25.86T | 58.24% | 74 Outperform | |
| Asics | 3.96% | $640.89K | ¥2.74T | 41.60% | 71 Outperform | |
| Ebara | 3.94% | $637.51K | ¥1.88T | 10.84% | 76 Outperform | |
| Kawasaki Heavy Industries | 3.84% | $621.33K | ¥2.03T | 98.75% | 64 Neutral | |
| Disco | 3.74% | $605.38K | ¥5.61T | 17.62% | 73 Outperform | |
| SCSK Corporation | 3.69% | $596.45K | ¥1.60T | 78.13% | 70 Outperform |
RAYJ Technical Analysis
Positive
―
Price Trends
33.34
Positive
32.61
Positive
30.23
Positive
Market Momentum
0.27
Negative
60.11
Neutral
23.90
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RAYJ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 33.44, equal to the 50-day MA of 33.34, and equal to the 200-day MA of 30.23, indicating a bullish trend. The MACD of 0.27 indicates Negative momentum. The RSI at 60.11 is Neutral, neither overbought nor oversold. The STOCH value of 23.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RAYJ.
RAYJ Peer Comparison
Comparison Results
Performance Comparison
RAYJ
Rayliant SMDAM Japan Equity ETF
34.26
8.19
31.42%
JPY
Lazard Japanese Equity ETF
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NBJP
Neuberger Berman Japan Equity ETF
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JAPN
Horizon Kinetics Japan Owner Operator ETF
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MJSC
MUFG Japan Small Cap Active ETF
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JPAN
Matthews Japan Active ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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