Key stats
About Rayliant Wilshire NxtGen US Large Cap Equity ETF
Home page
Inception date
Dec 16, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rayliant Investment Research Ltd.
Distributor
SEI Investments Distribution Co.
Identifiers
3
ISIN US00775Y7287
RWLC tracks a selection of large-cap US stocks chosen using various factors and optimized through machine learning models. The model employs over 100 market-level, fundamental, and technical signals from 12 major factor categories. Constraints are applied to limit stock concentration and industry exposure relative to the FT Wilshire US Large Cap Index. The index construction consists of three steps: risk-adjusted returns estimation, covariance matrix estimation, and mean tracking err optimization. The index is reconstituted quarterly. The data used for estimating stock risk-adjusted returns and the covariance matrix is based on the month-end figures from the month prior to the reconstitution. Before Dec. 19, 2025, the fund was an actively managed fund named Rayliant Quantitative Developed Market Equity ETF (RAYD).
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.62%
Electronic Technology25.29%
Technology Services22.33%
Finance10.80%
Retail Trade8.56%
Health Technology8.40%
Producer Manufacturing5.50%
Consumer Non-Durables4.49%
Industrial Services2.52%
Consumer Services2.31%
Energy Minerals2.05%
Distribution Services2.01%
Consumer Durables1.99%
Transportation1.46%
Commercial Services1.02%
Process Industries0.66%
Communications0.23%
Bonds, Cash & Other0.38%
Cash0.38%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RWLC invests in stocks. The fund's major sectors are Electronic Technology, with 25.29% stocks, and Technology Services, with 22.33% of the basket. The assets are mostly located in the North America region.
RWLC top holdings are Apple Inc. and NVIDIA Corporation, occupying 8.39% and 6.47% of the portfolio correspondingly.
RWLC last dividends amounted to 2.66 USD. The year before, the issuer paid 2.00 USD in dividends, which shows a 24.93% increase.
RWLC assets under management is 84.44 M USD. It's risen 2.39% over the last month.
RWLC fund flows account for 22.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RWLC pays dividends to its holders with the dividend yield of 0.65%. The last dividend (Jan 7, 2026) amounted to 4.88 USD. The dividends are paid annually.
RWLC shares are issued by Veritas Liberabit Vos LLC under the brand Rayliant. The ETF was launched on Dec 16, 2021, and its management style is Passive.
RWLC expense ratio is 0.32% meaning you'd have to pay 0.32% of your investment to help manage the fund.
RWLC follows the FT Wilshire US Large NxtGen Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RWLC invests in stocks.
RWLC price has risen by 1.45% over the last month, and its yearly performance shows a 2.71% increase. See more dynamics on RWLC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.47% over the last month, showed a 2.94% increase in three-month performance and has increased by 18.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.47% over the last month, showed a 2.94% increase in three-month performance and has increased by 18.38% in a year.
RWLC trades at a premium (0.25%) meaning the ETF is trading at a higher price than the calculated NAV.