RWLCvsSPYETF Comparison
ETF 1
RWLC
Rayliant Quantitative Developed Market Equity ETF
This fund is part of
Uncategorized Equities
+1.88%
VS
Rayliant Quantitative Developed Market Equity ETF (RWLC) belongs to the Uncategorized Equities segment. State Street SPDR S&P 500 ETF Trust (SPY) is part of the US Large Cap segment. RWLC's top 3 sector exposures are Technology, Healthcare and Finance. In contrast, SPY's top sector exposures are Technology, Finance and Healthcare. RWLC is more expensive with a Total Expense Ratio (TER) of 0.32%, versus 0.0945% for SPY. RWLC is up 14.96% year-to-date (YTD) with -$43M in YTD flows. SPY performs worse with 13.29% YTD performance, and +$18.65B in YTD flows. Run a side-by-side ETF comparison of RWLC and SPY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
RWLC vs SPY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 11/03/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | RWLC SPY | -2.73%-1.05% | +0.45%-0.38% | +14.96%+13.29% | +14.67%+14.76% | +92.31%+82.47% | n/a+75.59% |
| Flows | RWLC SPY | -$11M+$6.28B | -$11M+$5.65B | -$43M+$18.65B | -$42M+$27.54B | -$25M+$80.04B | -+$84.75B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | RWLC SPY | +9.25%+10.30% | +12.25%+12.84% | +13.08%+14.91% | n/a+17.01% |
| Max drawdown | RWLC SPY | -3.92%-3.51% | -8.74%-8.89% | -15.40%-18.74% | n/a-24.50% |
| Max drawdown duration | RWLC SPY | 23d29d | 75d76d | 85d126d | n/a708d |
Trading data
RWLC | SPY | |
Last sale 11/5/2026 at 2:30 PM | $37.13 | $733.00 |
| Previous close 11/04/2026 | $38.65 | $766.81 |
| Consolidated volume 11/04/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
RWLC
is actively managed and doesn’t replicate an indexRWLC | SPY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Main metrics
Last update 11/5/2026 at 2:30 PM
Live
Closed
RWLC | SPY | |
|---|---|---|
| Last price | $37.13 | $733.00 |
| 1D performance | -3.95% | -4.41% |
| AuM | $60.70 M | $818.54 B |
| E/R | 0.32% | 0.0945% |
Characteristics
RWLC | SPY | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Rayliant Asset Management | State Street Investment Management |
| Benchmark | - | S&P 500 Index |
| N° of holdings | 97 | 496 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 15, 2021 | January 22, 1993 |
| ESG | No | No |
Advertisement
Exposure
Countries
RWLC
USA
96.35%
Other
3.65%
SPY
USA
96.47%
Other
3.53%
Sectors
RWLC
Technology
49.54%
Healthcare
12.42%
Finance
12.29%
Consumer Non-Cycl.
7.36%
Other
18.39%
SPY
Technology
47.67%
Finance
12.68%
Healthcare
9.09%
Consumer Non-Cycl.
8.6%
Industrials
7.29%
Other
14.66%
Advertisement
Diversification
RWLC
Total weight of top 15 holdings out of 15
47.53%
SPY
Total weight of top 15 holdings out of 15
45.67%
Top 15 holdings
Data as of September 30, 2026
RWLC
Apple, Inc.
9.14%
NVIDIA Corp.
6.88%
Alphabet, Inc.
3.64%
Micron Technology, Inc.
3.26%
Alphabet, Inc.
3.23%
Microsoft Corp.
3.01%
Mastercard, Inc.
2.52%
Lam Research Corp.
2.30%
Amazon.com, Inc.
2.24%
Gilead Sciences, Inc.
2.05%
Eli Lilly & Co.
2.02%
Valero Energy Corp.
1.83%
Dell Technologies, Inc.
1.83%
Altria Group, Inc.
1.82%
Fortinet, Inc.
1.78%
SPY
NVIDIA Corp.
8.38%
Apple, Inc.
7.37%
Microsoft Corp.
5.77%
Amazon.com, Inc.
3.71%
Alphabet, Inc.
3.06%
Broadcom Inc.
2.53%
Alphabet, Inc.
2.46%
Meta Platforms, Inc.
2.42%
Micron Technology, Inc.
1.82%
Tesla, Inc.
1.52%
Advanced Micro Devices, Inc.
1.51%
Berkshire Hathaway, Inc.
1.41%
Eli Lilly & Co.
1.40%
JPMorgan Chase & Co.
1.33%
Johnson & Johnson
0.97%
Frequently asked questions about RWLC and SPY
How have the RWLC and SPY ETFs performed in 2026?
As of November 3, 2026, RWLC is up 14.96% year-to-date (YTD), while SPY has returned 13.29%. That puts RWLC better performer ahead so far this year.
Which ETF is attracting more investor money: RWLC or SPY?
Year-to-date, the RWLC ETF saw -$43M in flows, compared to +$18.65B for SPY.
Which ETF is more volatile: RWLC or SPY?
Over the past year, RWLC had a volatility of 12.25%, while SPY experienced 12.84%.
Which ETF is bigger: RWLC or SPY?
As of November 3, 2026, RWLC holds $60.70 M in assets under management (AUM), while SPY manages $818.54 B.
What sectors do the RWLC and SPY ETFs invest in?
RWLC leans toward sectors like Technology, Healthcare and Finance. Meanwhile, SPY focuses on Technology, Finance and Healthcare.
What are the top holdings of the RWLC ETF and SPY ETF?
RWLC top holdings include Apple, Inc., NVIDIA Corp. and Alphabet, Inc.. SPY holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: RWLC or SPY?
RWLC holds 99 securities with 47.53% of its assets in the top 15. SPY has 500 securities and a top 15 weight of 45.67%.
Advertisement
Latest news about RWLC & SPY
The Weekly ETF Market Monitor (October 26-30, 2026)
October 31, 2026
SPY
The Weekly ETF Market Monitor (October 19-23, 2026)
October 26, 2026
SPY
The Weekly ETF Market Monitor (October 12-16, 2026)
October 19, 2026
SPY
The Weekly ETF Market Monitor (October 5-9, 2026)
October 12, 2026
SPY
Advertisement
The Weekly ETF Market Monitor (September 21-25, 2026)
September 26, 2026
SPY
The Weekly ETF Market Monitor (September 21-25, 2026)
September 26, 2026
SPY
The Weekly ETF Market Monitor (September 14-18, 2026)
September 19, 2026
SPY
The Weekly ETF Market Monitor (August 24-28, 2026)
August 31, 2026
SPY
