RAYD vs THOR
Rayliant Quantitative Developed Market Equity ETF vs Thornburg Premium Income Builder ETF
Which is better, RAYD or THOR?
THOR costs less.
THOR has a lower expense ratio. THOR is less concentrated, with 30.9% of the fund in its ten largest positions against 33.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | RAYD | THOR |
|---|---|---|
| Expense Ratio | 0.80% | 0.79%Best |
| AUM | $57M | $35M |
| Dividend Yield | 0.82% | 0.00% |
| Holdings | 117 | 59 |
| Volatility (annualized) | 14.5% | - |
| Max Drawdown | -21.0% | - |
| Top 10 Weight | 33.7% | 30.9%Best |
| Fund Family | The Advisors Inner Circle Fund | Thornburg Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 15, 2021 | Jun 22, 2026 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), $10,000 over the window.
The two price series end 297 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. RAYD has data through Dec 19, 2025 and THOR through Oct 12, 2026.
Fees and Cost Over Time
RAYD charges 0.80% per year while THOR charges 0.79%. On a $10,000 position that is $80 vs $79 annually, a gap of $1 per year that compounds over a long holding period. On income, RAYD currently yields 0.82% against 0.00% for THOR.
Holdings Overlap
2.4% of RAYD's money is in holdings THOR also owns. 7.4% of THOR's money is in holdings RAYD also owns.
THOR and RAYD share little of their money.
The two holdings books were reported 347 days apart, RAYD as of Sep 30, 2025 and THOR as of Sep 12, 2026, so some of the difference between them is the time between the two reports rather than the funds.
3 positions in common, counted across the 104 positions we hold weights for in RAYD and 54 in THOR, against full books of 117 and 59.
What only one of them owns
Our book lists 14 positions for THOR that do not appear in our book for RAYD (26.9% of the fund), and 58 for RAYD that do not appear in THOR (73.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of RAYD and THOR you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RAYD or THOR?
RAYD has an expense ratio of 0.80% while THOR charges 0.79%. THOR is the cheaper option, by $1 a year on a $10,000 investment.
What is the holdings overlap between RAYD and THOR?
7.4% of THOR's money is in holdings RAYD also owns. 7.4% of THOR's is in holdings RAYD also owns. They hold 3 positions in common, counted across the 104 positions we hold weights for in RAYD and 54 in THOR.
Which pays a higher dividend, RAYD or THOR?
RAYD yields 0.82% while THOR yields 0.00%, so RAYD currently pays the higher dividend yield.
Is THOR better than RAYD?
THOR has a lower expense ratio. THOR is less concentrated, with 30.9% of the fund in its ten largest positions against 33.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.