Summary
RAYE
Prices · period metrics · 12M
NAV as of 17/07/2026
02/04/2025 → 02/04/2026
Return 26.08% Volatility 29.45% Sharpe 1.18
Official loaded data — not a live quote.

RAYLIANT QUANTAMENTAL EMERGING MARKET EX-CHINA EQUITY ETF

Symbol: RAYE

Exchange: NYSE ARCA

Sector: Technology

Category: Diversified Emerging Mkts

Inception date: 15/12/2021

Latest date: 17/07/2026

Current price: $32.88

Expense ratio: 0.52%

Assets under management
$81.2M
-4.70% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-12.06%

Ann. -44.43% (Sharpe / Sortino numerator)

Volatility

41.97%

Sharpe ratio

-1.145

VaR 95%

-5.29%

CVaR 95%: -5.93%
Max drawdown: -8.38%
Sortino ratio: -1.575
Calmar ratio: -5.30

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-5.63%

Ann. 9.64% (Sharpe / Sortino numerator)

Volatility

39.52%

Sharpe ratio

0.152

VaR 95%

-5.47%

CVaR 95%: -6.20%
Max drawdown: -15.39%
Sortino ratio: 0.189
Calmar ratio: 0.63

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

5.97%

Ann. 21.57% (Sharpe / Sortino numerator)

Volatility

37.63%

Sharpe ratio

0.477

VaR 95%

-4.11%

CVaR 95%: -5.91%
Max drawdown: -15.39%
Sortino ratio: 0.624
Calmar ratio: 1.40

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

26.08%

Ann. 38.32% (Sharpe / Sortino numerator)

Volatility

29.45%

Sharpe ratio

1.178

VaR 95%

-2.79%

CVaR 95%: -4.76%
Max drawdown: -15.39%
Sortino ratio: 1.421
Calmar ratio: 2.49

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

32.95%

Ann. 15.32% (Sharpe / Sortino numerator)

Volatility

23.10%

Sharpe ratio

0.506

VaR 95%

-1.97%

CVaR 95%: -3.63%
Max drawdown: -22.56%
Sortino ratio: 0.613
Calmar ratio: 0.68

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

59.52%

Ann. 19.75% (Sharpe / Sortino numerator)

Volatility

20.64%

Sharpe ratio

0.781

VaR 95%

-1.75%

CVaR 95%: -3.10%
Max drawdown: -22.56%
Sortino ratio: 0.984
Calmar ratio: 0.88

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 17/07/2025 - 17/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.121%

Best day

6.964%

17/04/2026
Worst day

-8.512%

05/06/2026
Days with data

242

Recent price history (last 90 days)

Date Open High Low Close Volume
17/07/2026 $34.50 $34.95 $32.88 $32.88 4,510
10/07/2026 $35.30 $38.53 $34.59 $34.59 5,820
02/07/2026 $34.80 $35.28 $30.44 $34.52 7,007
01/07/2026 $36.30 $36.30 $34.99 $35.03 39,837
30/06/2026 $39.90 $39.90 $36.15 $36.38 6,637
29/06/2026 $36.75 $36.90 $31.15 $36.00 9,252
26/06/2026 $33.05 $36.04 $33.05 $35.01 13,132
25/06/2026 $35.96 $39.97 $35.23 $35.23 4,717
24/06/2026 $36.50 $40.15 $33.12 $35.47 2,523
23/06/2026 $36.24 $36.24 $35.63 $36.07 17,126