RWLC: RAYLIANT NXTGEN MULTIFACTOR US EQUITY ETF
ETF Report: Rayliant NxtGen Multifactor US Equity ETF (RWLC)
The Rayliant NxtGen Multifactor US Equity ETF (RWLC) is designed to invest in U.S. equities using a multifactor strategy. It is characterized by a high distribution yield and strong historical total returns.
What this ETF is trying to do
RWLC invests in a diversified group of U.S. companies. As of October 11, 2026, the fund held 113 different assets. Its Top Holdings include large technology and healthcare companies such as Apple Inc (8.62%), NVIDIA Corp (6.76%), Alphabet Inc Class A (3.55%), and Micron Technology Inc (3.04%). Because holdings can change over time, these weights may shift.
What the numbers show
The fund has seen growth in both its share price and its total return:
• Year-to-Date (YTD): The price return is 19.22%, and the total return is also 19.22%.
• One-Year: The price return (the change in share price) is 5.78%, while the total return (which includes distributions) is 20.99%.
• Three-Year: The price return is 68.10%, and the total return is 97.33%.
The current price is $39.58. An estimated price from roughly one year ago was $37.42.
Income and distribution explanation
RWLC has a distribution yield of approximately 12.32%. Over the last 12 months, it has made one payout totaling $4.88 per share. The distribution frequency is listed as irregular or less frequent.
It is important for new investors to remember that a high distribution yield alone can be misleading. It does not guarantee that the investment is growing or that the principal is safe. However, in this case, the supplied total returns are higher than the price returns, showing that distributions added to the overall return.
NAV erosion explanation
NAV erosion happens when the actual value of the fund's underlying assets drops over time. The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
Regarding price erosion, the fund has an erosion score of 100 and a severity rating of "good." The data states "No price erosion detected," and the severe erosion-risk flag is false.
Pros
• Strong Total Returns: The three-year total return is 97.33%.
• High Income: It offers a high distribution yield of 12.32%.
• Positive Price Trend: The share price has increased over the one-year and three-year periods.
Cons
• Irregular Income: Payouts are not on a steady, frequent schedule.
• Concentration: A significant portion of the fund is held in a few large tech companies.
Beginner takeaway
RWLC is a fund that combines U.S. stock growth with high cash distributions. While the high yield is a highlight, investors should look at the total return to see the full picture. Historically, this fund has seen its share price rise while also paying out distributions.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | APPLE INC | AAPL | 8.62% |
| 2 | NVIDIA CORP | NVDA | 6.76% |
| 3 | ALPHABET INC CLASS A | GOOGL | 3.55% |
| 4 | ALPHABET INC CLASS C | GOOG | 3.16% |
| 5 | MICRON TECHNOLOGY INC | MU | 3.04% |
| 6 | MICROSOFT CORP | MSFT | 2.88% |
| 7 | MASTERCARD INC CLASS A | MA | 2.59% |
| 8 | AMAZON.COM INC | AMZN | 2.30% |
| 9 | LAM RESEARCH CORP | LRCX | 2.23% |
| 10 | GILEAD SCIENCES INC | GILD | 2.01% |