Rayliant SMDAM Japan Equity ETF (RAYJ)

• Market cap: $15.8M
• 1 day: -1.13%
• 5 days: -0.6%
• 1 month: -2.4%
• 3 months: 9.5%
• 6 months: 18.46%
• Year to date: 20.69%
• 1 year: 20.56%
• 5 years: 31.66%
• 10 years: 31.66%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

150% more funds holding

Funds holding: 2 [Q1] → 5 (+3) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

51.07% less ownership

Funds ownership: 64.0% [Q1] → 12.93% (-51.07%) [Q2]

91% less capital invested

Capital invested by funds: $20.9M [Q1] → $1.86M (-$19M) [Q2]