---
ticker: "RWLC"
name: "Rayliant NxtGen Multifactor US Equity ETF"
url: "https://etf.net/etf/RWLC"
grade: "C"
score: 48
graded_at: "2026-10-12"
category: "US Large-Cap"
category_rank: "20 of 29"
methodology: "https://etf.net/methodology"
---

# RWLC: Rayliant NxtGen Multifactor US Equity ETF

Grade **C**, Score 48 of 100. Rank 20 of 29 in US Large-Cap.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 39 | 18 of 29 |
| Mission | 62 | 21 of 22 |
| Risk | 61 | 8 of 29 |
| Tradability | 25 | 26 of 29 |
| Holdings | 57 | 17 of 28 |
| Durability | 46 | 20 of 29 |

## Top holdings

The fund holds 107 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | AAPL | Apple Inc | 9.04% |
| 2 | NVDA | NVIDIA Corp | 6.41% |
| 3 | MSFT | Microsoft Corp | 3.92% |
| 4 | GOOGL | Alphabet Inc-Cl A | 3.38% |
| 5 | GOOG | Alphabet Inc-Cl C | 2.89% |
| 6 | MA | Mastercard Inc - A | 2.69% |
| 7 | MU | Micron Technology Inc | 2.48% |
| 8 | AMZN | Amazon.com Inc | 2.31% |
| 9 | LLY | Eli Lilly & Co | 2.21% |
| 10 | LRCX | Lam Research Corp | 2.07% |
| 11 | GILD | Gilead Sciences Inc | 2.06% |
| 12 | MPC | Marathon Petroleum Corp | 1.95% |
| 13 | FTNT | Fortinet Inc | 1.92% |
| 14 | MO | Altria Group Inc | 1.92% |
| 15 | VLO | Valero Energy Corp | 1.91% |
| 16 | MCK | Mckesson Corp | 1.70% |
| 17 | ADBE | Adobe Inc | 1.52% |
| 18 | BNY | Bank of New York Mellon Corp | 1.48% |
| 19 | XOM | Exxonmobil Holdings Corp | 1.38% |
| 20 | STX | Seagate Technology Holdings | 1.25% |
| 21 | TRV | Travelers Cos Inc/The | 1.24% |
| 22 | AVGO | Broadcom Inc | 1.24% |
| 23 | WMB | Williams Cos Inc | 1.20% |
| 24 | ABBV | AbbVie Inc | 1.18% |
| 25 | PGR | Progressive Corp | 1.18% |
| 26 | GM | General Motors Co | 1.14% |
| 27 | ADP | Automatic Data Processing | 1.12% |
| 28 | DELL | Dell Technologies -C | 1.02% |
| 29 | ORLY | O'reilly Automotive Inc | 1.02% |
| 30 | META | Meta Platforms Inc | 1.01% |

Source: etf.net, https://etf.net/etf/RWLC. Please cite the page URL.