{
  "page": "compare",
  "query": {
    "a": "RWEM",
    "b": "FDEM"
  },
  "retrieved_at": "2026-07-07T13:59:41+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Rayliant Quantamental Emerging Market ex-China Equity ETF",
    "ticker": "RWEM",
    "slug": "RWEM",
    "series_id": "S000074753",
    "html_url": "https://fundwatcher.app/funds/RWEM/"
  },
  "fund_b": {
    "name": "Fidelity Emerging Markets Multifactor ETF",
    "ticker": "FDEM",
    "slug": "FDEM",
    "series_id": "S000064787",
    "html_url": "https://fundwatcher.app/funds/FDEM/"
  },
  "overlap": {
    "coverage_a_by_b": "0.3276648162724358097309689951",
    "coverage_b_by_a": "0.3276648162724358097309689951",
    "shared_count": 67,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-01-31"
    },
    "a_top": [
      {
        "name": "TSMC",
        "value": "7982483.58",
        "weight": "0.10805633",
        "shared": true
      },
      {
        "name": "TENCENT HOLDINGS LTD",
        "value": "2123619.30",
        "weight": "0.02874676",
        "shared": true
      },
      {
        "name": "MEDIATEK",
        "value": "1910853.93",
        "weight": "0.02586662",
        "shared": true
      },
      {
        "name": "SAMSUNG ELECTRONICS CO LTD",
        "value": "1663649.01",
        "weight": "0.02252029",
        "shared": true
      },
      {
        "name": "SK HYNIX INC",
        "value": "1374637.16",
        "weight": "0.01860802",
        "shared": true
      },
      {
        "name": "NETEASE INC",
        "value": "1317861.79",
        "weight": "0.01783947",
        "shared": true
      },
      {
        "name": "KIA CORP",
        "value": "1191632.55",
        "weight": "0.01613075",
        "shared": true
      },
      {
        "name": "ABC-H",
        "value": "1089816.59",
        "weight": "0.01475250",
        "shared": true
      },
      {
        "name": "HCL TECHS. LTD",
        "value": "990986.57",
        "weight": "0.01341467",
        "shared": false
      },
      {
        "name": "BABA-W",
        "value": "927387.06",
        "weight": "0.01255374",
        "shared": true
      },
      {
        "name": "DELTA ELEC",
        "value": "906474.82",
        "weight": "0.01227066",
        "shared": false
      },
      {
        "name": "WOORI FINANCIAL",
        "value": "894298.89",
        "weight": "0.01210584",
        "shared": true
      },
      {
        "name": "PICC P&C-H",
        "value": "836662.33",
        "weight": "0.01132563",
        "shared": true
      },
      {
        "name": "BANKCOMM-H",
        "value": "824305.50",
        "weight": "0.01115836",
        "shared": true
      },
      {
        "name": "CHINA HONGQIAO",
        "value": "671684.40",
        "weight": "0.00909238",
        "shared": true
      },
      {
        "name": "H WORLD GP LTD",
        "value": "652314.99",
        "weight": "0.00883018",
        "shared": false
      },
      {
        "name": "PZU",
        "value": "647206.96",
        "weight": "0.00876103",
        "shared": true
      },
      {
        "name": "SANLAM LTD COMMON STOCK",
        "value": "609628.01",
        "weight": "0.00825234",
        "shared": false
      },
      {
        "name": "Credicorp Ltd",
        "value": "591529.92",
        "weight": "0.00800735",
        "shared": false
      },
      {
        "name": "SUN PHARMA INDU",
        "value": "555419.61",
        "weight": "0.00751854",
        "shared": false
      },
      {
        "name": "HYOSUNG HEAVY IN",
        "value": "550000.33",
        "weight": "0.00744518",
        "shared": false
      },
      {
        "name": "Oil & Natural Gas Corp Ltd. INR5",
        "value": "548002.74",
        "weight": "0.00741814",
        "shared": false
      },
      {
        "name": "GRUPO CIBEST SA PRF",
        "value": "545239.85",
        "weight": "0.00738074",
        "shared": false
      },
      {
        "name": "FRESNILLO PLC",
        "value": "537435.91",
        "weight": "0.00727510",
        "shared": false
      },
      {
        "name": "XIAOMI CORP-W",
        "value": "499072.98",
        "weight": "0.00675579",
        "shared": true
      },
      {
        "name": "AERO DEL PACIF-B",
        "value": "499014.21",
        "weight": "0.00675500",
        "shared": false
      },
      {
        "name": "SINO BIOPHARM",
        "value": "495077.93",
        "weight": "0.00670171",
        "shared": false
      },
      {
        "name": "HD HYUNDAI",
        "value": "487315.64",
        "weight": "0.00659664",
        "shared": false
      },
      {
        "name": "NOVATEK",
        "value": "486690.65",
        "weight": "0.00658818",
        "shared": true
      },
      {
        "name": "CITIC",
        "value": "483944.29",
        "weight": "0.00655100",
        "shared": false
      },
      {
        "name": "VALE SA",
        "value": "481685.00",
        "weight": "0.00652042",
        "shared": true
      },
      {
        "name": "CITIC BANK-H",
        "value": "480638.25",
        "weight": "0.00650625",
        "shared": true
      },
      {
        "name": "PKN ORLEN",
        "value": "474327.71",
        "weight": "0.00642082",
        "shared": false
      },
      {
        "name": "KOREA ELEC POWER",
        "value": "471252.90",
        "weight": "0.00637920",
        "shared": false
      },
      {
        "name": "BANK OF CHINA-H",
        "value": "466559.53",
        "weight": "0.00631567",
        "shared": true
      },
      {
        "name": "REALTEK SEMI",
        "value": "463497.03",
        "weight": "0.00627421",
        "shared": true
      },
      {
        "name": "LITE-ON TECH",
        "value": "461448.23",
        "weight": "0.00624648",
        "shared": true
      },
      {
        "name": "VISHOP HOLDINGS LTD ADR",
        "value": "459024.00",
        "weight": "0.00621366",
        "shared": false
      },
      {
        "name": "BRITANNIA INDS",
        "value": "447281.90",
        "weight": "0.00605471",
        "shared": false
      },
      {
        "name": "ASUSTEK COMPUTER",
        "value": "446481.08",
        "weight": "0.00604387",
        "shared": true
      },
      {
        "name": "ASIA VITAL",
        "value": "435720.99",
        "weight": "0.00589822",
        "shared": false
      },
      {
        "name": "China Tower Corporation Limited",
        "value": "429777.30",
        "weight": "0.00581776",
        "shared": false
      },
      {
        "name": "HYUNDAI ENG&CONS",
        "value": "428160.15",
        "weight": "0.00579587",
        "shared": false
      },
      {
        "name": "ASTRA INTERNATIO",
        "value": "423261.94",
        "weight": "0.00572956",
        "shared": true
      },
      {
        "name": "BYD COMPANY LTD H",
        "value": "411583.89",
        "weight": "0.00557148",
        "shared": false
      },
      {
        "name": "EMEMORY TECH",
        "value": "411323.12",
        "weight": "0.00556795",
        "shared": false
      },
      {
        "name": "INTL GAMES",
        "value": "400406.63",
        "weight": "0.00542018",
        "shared": true
      },
      {
        "name": "Receive INNOLUX Pay Overnight Rate -2",
        "value": "384942.13",
        "weight": "0.00521084",
        "shared": false
      },
      {
        "name": "Bharat Petroleum Corp Ltd. INR10",
        "value": "380929.63",
        "weight": "0.00515652",
        "shared": false
      },
      {
        "name": "REMGRO LTD COMMON STOCK",
        "value": "379183.76",
        "weight": "0.00513289",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "TSMC",
        "value": "46137591.36",
        "weight": "0.10210880",
        "shared": true
      },
      {
        "name": "SAMSUNG ELECTRONICS CO LTD",
        "value": "20491681.95",
        "weight": "0.04535089",
        "shared": true
      },
      {
        "name": "TENCENT HOLDINGS LTD",
        "value": "20097314.88",
        "weight": "0.04447811",
        "shared": true
      },
      {
        "name": "BABA-W",
        "value": "15991205.81",
        "weight": "0.03539073",
        "shared": true
      },
      {
        "name": "SK HYNIX INC",
        "value": "11544060.03",
        "weight": "0.02554858",
        "shared": true
      },
      {
        "name": "CHINA RESOURCES",
        "value": "10261964.48",
        "weight": "0.02271113",
        "shared": true
      },
      {
        "name": "EMAAR DEVELOPMENT PJSC COMMON STOCK AED1.0",
        "value": "9001538.62",
        "weight": "0.01992164",
        "shared": false
      },
      {
        "name": "TRUST FIBRA UNO REIT",
        "value": "7333601.78",
        "weight": "0.01623026",
        "shared": false
      },
      {
        "name": "PETROBRAS-PREF",
        "value": "5489229.59",
        "weight": "0.01214842",
        "shared": false
      },
      {
        "name": "PETROCHINA-H",
        "value": "5109543.26",
        "weight": "0.01130812",
        "shared": true
      },
      {
        "name": "CHINA SHENHUA-H",
        "value": "5001749.11",
        "weight": "0.01106955",
        "shared": false
      },
      {
        "name": "FALABELLA SA",
        "value": "4384736.69",
        "weight": "0.00970402",
        "shared": false
      },
      {
        "name": "HDFC BANK LTD",
        "value": "4347763.64",
        "weight": "0.00962220",
        "shared": false
      },
      {
        "name": "VIBRA ENERGIA SA COMMON STOCK",
        "value": "4291123.51",
        "weight": "0.00949684",
        "shared": false
      },
      {
        "name": "Fidelity Securities Lending Cash Central Fund",
        "value": "4177418.16",
        "weight": "0.00924520",
        "shared": false
      },
      {
        "name": "COAL INDIA LTD",
        "value": "4009664.28",
        "weight": "0.00887394",
        "shared": false
      },
      {
        "name": "CCB-H",
        "value": "3948062.03",
        "weight": "0.00873760",
        "shared": false
      },
      {
        "name": "WUXI APPTEC CO LTD H",
        "value": "3771832.46",
        "weight": "0.00834758",
        "shared": false
      },
      {
        "name": "MOL",
        "value": "3695516.73",
        "weight": "0.00817868",
        "shared": true
      },
      {
        "name": "IHH HEALTHCARE B",
        "value": "3627640.79",
        "weight": "0.00802847",
        "shared": false
      },
      {
        "name": "EMPRESAS COPEC",
        "value": "3540626.02",
        "weight": "0.00783589",
        "shared": false
      },
      {
        "name": "SAMSUNG BIOLOGIC",
        "value": "3507214.81",
        "weight": "0.00776195",
        "shared": false
      },
      {
        "name": "UNITED TRACTORS",
        "value": "3477523.68",
        "weight": "0.00769624",
        "shared": true
      },
      {
        "name": "PTT EXPLOR & PROD PCL-NVDR DEPOSITARY RECEIPT",
        "value": "3458342.60",
        "weight": "0.00765379",
        "shared": false
      },
      {
        "name": "MEDIATEK",
        "value": "3411503.02",
        "weight": "0.00755012",
        "shared": true
      },
      {
        "name": "EXXARO RESOURCES",
        "value": "3331920.11",
        "weight": "0.00737399",
        "shared": false
      },
      {
        "name": "DIVI LABS LTD",
        "value": "3236080.39",
        "weight": "0.00716189",
        "shared": false
      },
      {
        "name": "INNER MONGOLIA-B",
        "value": "3194474.00",
        "weight": "0.00706981",
        "shared": false
      },
      {
        "name": "MAGYAR TELEKOM",
        "value": "3175594.58",
        "weight": "0.00702803",
        "shared": true
      },
      {
        "name": "MARUTI SUZUKI IN",
        "value": "3141274.71",
        "weight": "0.00695207",
        "shared": false
      },
      {
        "name": "KIA CORP",
        "value": "3115397.80",
        "weight": "0.00689480",
        "shared": true
      },
      {
        "name": "ICICI BANK LTD",
        "value": "3104137.63",
        "weight": "0.00686988",
        "shared": false
      },
      {
        "name": "BIDU-SW",
        "value": "3088400.32",
        "weight": "0.00683505",
        "shared": false
      },
      {
        "name": "OTP BANK (REG)",
        "value": "3026379.31",
        "weight": "0.00669779",
        "shared": false
      },
      {
        "name": "EICHER MOTORS LTD COMMON STOCK",
        "value": "3024918.68",
        "weight": "0.00669456",
        "shared": false
      },
      {
        "name": "CIPLA LTD",
        "value": "3013358.51",
        "weight": "0.00666897",
        "shared": true
      },
      {
        "name": "ICBC-H",
        "value": "2989171.16",
        "weight": "0.00661544",
        "shared": false
      },
      {
        "name": "JD-SW",
        "value": "2946835.35",
        "weight": "0.00652175",
        "shared": true
      },
      {
        "name": "HERO MOTOCORP LT",
        "value": "2894434.66",
        "weight": "0.00640578",
        "shared": false
      },
      {
        "name": "Grupo Cibest SA (Preference)",
        "value": "2870882.18",
        "weight": "0.00635365",
        "shared": false
      },
      {
        "name": "HYUNDAI MOBIS",
        "value": "2857017.51",
        "weight": "0.00632297",
        "shared": false
      },
      {
        "name": "STANDARD BANK GR",
        "value": "2800359.75",
        "weight": "0.00619758",
        "shared": false
      },
      {
        "name": "XIAOMI CORP-W",
        "value": "2793743.68",
        "weight": "0.00618294",
        "shared": true
      },
      {
        "name": "RICHTER GEDEON N",
        "value": "2759148.12",
        "weight": "0.00610637",
        "shared": true
      },
      {
        "name": "OOREDOO QSC",
        "value": "2729925.62",
        "weight": "0.00604170",
        "shared": false
      },
      {
        "name": "THE UNITED LABOR",
        "value": "2712268.08",
        "weight": "0.00600262",
        "shared": false
      },
      {
        "name": "AL RAJHI BANK",
        "value": "2630397.10",
        "weight": "0.00582143",
        "shared": false
      },
      {
        "name": "BANCO CRED INVER",
        "value": "2581469.69",
        "weight": "0.00571315",
        "shared": false
      },
      {
        "name": "NETEASE INC",
        "value": "2548817.50",
        "weight": "0.00564088",
        "shared": true
      },
      {
        "name": "3SBIO INC",
        "value": "2531473.68",
        "weight": "0.00560250",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002048251-26-004268",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1593547/000204825126004268/0002048251-26-004268-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000035402-26-001950",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/945908/000003540226001950/0000035402-26-001950-index.htm"
    }
  ]
}