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Launched · SEC filings

Rayliant NxtGen Multifactor International Equity ETF

RWINNasdaqRayliantD

$27.31−0.03 (−0.11%)

At close: Nov 2, 2026, 4:00 PM ET

D38/ 100

Rank 21 of 30 in International Multifactor

D38/100Rank 21 of 30inInternational Multifactor
Intraday session: down, 73 prints from 27.34 to 27.31. Range 27.31 to 30.02. Use the arrow keys to read each point.28.0028.5029.0029.5030.0010 AM12 PM2 PM4 PM
Expense ratio
0.42%
Fund size
$20M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
171
Avg volume · 30D
716 sh
52W range
low $25.00high $28.14
Launched
Filings
SEC EDGAR

The ETF.net RWIN Grade

Based on 5 of 6 pillars

D

Score 38 out of 100

Category
International Multifactor⁠
Rank
21 of 30
Six-pillar profile for RWIN. Scores out of 100: Cost 28, Risk 89, Mission not scored, Tradability 19, Holdings 36, Durability 20. Strongest: Risk (89). Weakest: Tradability (19). Based on 5 of 6 pillars.

Score 38 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D28 out of 100
    Rank 22 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A89 out of 100
    Rank 2 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F19 out of 100
    Rank 26 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D36 out of 100
    Rank 24 of 30

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F20 out of 100
    Rank 30 of 30

Our read on RWIN

ETF.net Research

In short

DRayliant's quant house fills the gap in its NxtGen lineup: developed markets outside the US, sorted by factor models instead of market cap. It arrived in 2026 charging 0.42% into an aisle stacked with cheap, entrenched rivals.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  • Completes Rayliant's NxtGen trio. Alongside the firm's US and emerging-markets multifactor funds, it lets you build a global factor sleeve on one shop's models.sec.gov
  • One fee, no fine print. The prospectus fee table shows the 0.42% management fee as the entire tab, with no 12b-1 distribution charge stacked on top.sec.gov
  • Factor-driven, not cap-weighted. Stocks are selected and sized on multifactor signals, so the portfolio doesn't default to whichever foreign mega-caps got biggest.

Worth knowing

  • At 0.42% it prices above the peer median of 0.38% and well above established options like INTF at 0.16% and FDEV at 0.18%. The models have to earn that gap.
  • Small and thinly traded. Spreads can run wide, so execution matters more here than in a mega-fund with constant two-way flow.
  • It opened in 2026, so there's no long live record, and it sits at the back of a peer group led by older, cheaper factor funds with deep asset bases.

RWIN Performance

Launched Apr 7, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
RWIN$10,068
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. RWIN $10,068. SPY $10,141. Use the arrow keys to read each point.$9,750$10,000$10,250$10,500Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 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 RWIN. Periods over one year show the average yearly return.
PeriodRWIN
Year to dateFund launched this yearNo data
1 month+2.2%
3 months+0.7%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 RWIN
YearReturn barRWIN
2026 YTD+10.5%

Since listing, Apr 7, 2026

RWIN in the news

RWIN Dividends

Last payment
$0.05 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 2 payments in 2026 YTD. Jun 29, 2026 $0.27; Sep 29, 2026 $0.05. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 29, 2026Oct 1, 2026$0.05
Jun 29, 2026Jul 1, 2026$0.27

RWIN Risk

Risk pillarA89 out of 100Rank 2 of 30 in International Multifactor
How much the fund’s monthly returns vary, scaled to a year.
Launched Apr 2026; fills in after 12 months
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.
Launched Apr 2026; fills in after 12 months
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.
Launched Apr 2026; fills in after 12 months
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.
0.02
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.

FMP measures it over up to five years of monthly returns.

RWIN Cost

Compare RWIN and GSWO

Overpaying vs GSWO, cheapest in International Multifactor

$5,335

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • RWIN 0.42%

    $8,472

  • GSWO 0.15% Cheapest

    $3,137

$10,000
30 years

Cost over time

  • RWIN 0.42%
  • GSWO 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530RWIN $8,472GSWO $3,137

Year by year

YearRWINGSWOOverpaying
10$759$274$485
20$2,927$1,071$1,856
30$8,472$3,137$5,335

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