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RWEM

GradeCNew York Stock Exchange Arca

Rayliant Wilshire NxtGen Emerging Markets Equity ETF

Active Equity · Rayliant · Inception 2021-12-15 · SEC filings

$37.20−0.33 (−0.87%)

As of Sep 23, 2026, 12:09 PM EDT

History starts Dec 16, 2021.
Intraday session: down, 4 prints from 37.53 to 37.20. Range 37.20 to 37.52. Use the arrow keys to read each point.$37.30$37.40$37.5010 AM12 PM2 PM4 PM
Expense ratio
0.52%
Fund size
$71M
1Y return
+34.8%
Yield · Last 12 months
1.71%
Holdings
237
Volume · 30D
0M sh
NAV per share
$36.38
52W range
low $26.00high $42.02

The ETF.net RWEM Grade

C

51/ 100

Rank 12 of 28 in Emerging Markets Active Equity⁠

Confidence Medium

Six-pillar profile for RWEM. Scores out of 100: Cost 63, Risk 16, Mission not scored, Tradability 52, Holdings 75, Durability 46. Strongest: Holdings (75). Weakest: Risk (16). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 51 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 63
    Category rank11/28 · top 39%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 16
    Category rank28/28 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 52
    Category rank14/28 · top 50%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 75
    Category rank7/26 · top 27%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 46
    Category rank19/28 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on RWEM

ETF.net Research

CA Rayliant and Wilshire tie-up in active emerging-markets equity: one job, long-term capital appreciation, at a fee below what the typical active EM peer charges. Small and thinly traded, so patience at the order screen comes with it.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01Charges 0.52% against a 0.65% median for active emerging-markets funds. Modest toll for a stock-picking mandate in the markets where research actually earns its keep.
  2. 02Sits in the upper half of a crowded active EM field, and what it owns is its strongest suit: portfolio construction grades better than most of the group.
  3. 03The mandate is one line in the prospectus: long-term capital appreciation from emerging-markets equities. No sleeve creep, no side quests.
  4. 04Trading since 2021, so there is a multi-year live record to judge rather than a backtest and a brochure.

Worth knowing

  1. 01Thinly traded and modest in size. Spreads can run wide and larger orders can nudge the price, which quietly eats into the fee advantage.
  2. 02Emerging-markets equity swings hard. Currency moves and policy shocks land straight in the price, and this fund's volatility profile sits at the rougher end of its peer group.
  3. 03Below median is not the floor. The best-graded funds in the cohort (AVEM, JEMA, AVXC) run 0.33%, so cheaper active EM shelf space exists.

RWEM Holdings

As of Sep 20, 2026, 6:24 AM
Asset class
Stocks
Holdings
237
Top-10 weight
34%
Largest holding
2330.TW9.1%

Sectors

  • Technology45.9%
  • Financials18.5%
  • Consumer Discr.7.5%
  • Communication5.9%
  • Industrials5.2%
  • Materials4.7%
  • Energy4.0%
  • Health Care3.6%
  • Cons. Staples2.5%
  • Utilities2.0%
  • Real Estate0.3%

Geography

  • Taiwan (Province of China)25.39%
  • China22.32%
  • Korea (the Republic of)21.02%
  • India9.23%
  • Hong Kong4.41%
  • South Africa2.82%
  • Brazil2.51%
  • Poland2.30%
  • Other countries (20)10.01%

Developed 5% · Emerging 95% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 16.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0012330.TWTAIWAN SEMICONDUCTOR MANUFAC9.05%86,000$7M175
002005930.KSSAMSUNG ELECTRONICS CO LTD5.80%22,610$4M176
003000660.KSSK HYNIX INC4.48%2,453$3M184
0040700.HKTENCENT HOLDINGS LTD3.41%46,911$3M153
0052308.TWDELTA ELECTRONICS INC2.60%35,000$2M154
0062454.TWMEDIATEK INC2.42%12,000$2M162
007003550.KSLG CORP1.86%16,855$1M70
008002602.SZZHEJIANG CENTURY HUATONG -A1.70%569,500$1M49
0092357.TWASUSTEK COMPUTER INC1.56%38,000$1M93
0109999.HKNETEASE INC1.54%48,371$1M115
011316140.KSWOORI FINANCIAL GROUP INC1.27%35,790$933K94
0122328.HKPICC PROPERTY & CASUALTY-H1.21%417,120$890K89
0131288.HKAGRICULTURAL BANK OF CHINA-H1.15%1,055,024$847K86
014005935.KSSamsung Electronics Co Ltd1.07%5,555$787K85
0152345.TWACCTON TECHNOLOGY CORP1.03%13,000$757K122

Showing 1–15 of 228 holdings

RWEM Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

RWEM$13,484
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. RWEM $13,484. SPY $11,723. Use the arrow keys to read each point.$9,200$11,599$13,998Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for RWEM. Periods over one year show the average yearly return.
PeriodRWEM
Year to date+26.0%
1 month+4.3%
3 months−1.3%
1 year+34.8%
3 years+23.8%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RWEM
YearReturn barRWEM
2026 YTD+26.0%
2025+28.2%
2024+7.2%
2023+21.5%
2022−20.0%
2021+0.4%

History from Dec 16, 2021

RWEM in the news

ETF.net Research hasn’t filed on RWEM yet — coverage lands here as it’s written.

RWEM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.71%Last 12 months
Payout per share
$0.64Last 12 months
Last payment
$0.64 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2021–2026

One bar per payment. 5 payments from 2021 to 2026 YTD. Dec 29, 2021 $0.10; Dec 28, 2022 $1.07; Dec 28, 2023 $0.37; Dec 30, 2024 $0.85; Dec 30, 2025 $0.64. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 7, 2026$0.64
Dec 30, 2024Jan 7, 2025$0.85
Dec 28, 2023Jan 5, 2024$0.37
Dec 28, 2022Jan 6, 2023$1.07
Dec 29, 2021Jan 6, 2022$0.10

RWEM Risk

How much the fund’s monthly returns vary, scaled to a year.
16.7%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.00
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−26.9%
57 months · trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.84
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

RWEM Cost

Expense ratio0.52%
  • The middle half of Emerging Markets Active Equity funds
  • Median 0.65%

10 of the 27 Emerging Markets Active Equity funds charge less.

RWEM costs $52.00 a year on $10,000. The median Emerging Markets Active Equity fund costs $65.00.