RWLC - Rayliant NxtGen Multifactor US Equity ETF Stock Price & Dividend Safety Sector: Financial Services | Exchange: New York Stock Exchange Arca Current Price & Safety Score Price: 38.84 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: 0.63 Company Description The RWLC is an ExchangeTraded Fund designed to mirror the performance of a strategically chosen basket of largecapitalization US equities Its selection process integrates a multifactor approach which is further refined through advanced machine learning algorithms The sophisticated model underpinning the ETF leverages over 100 distinct signals encompassing marketlevel fundamental company data and technical indicators all drawn from 12 key factor categories To mitigate risk strict constraints are imposed on both singlestock concentration and industry exposure measured against the FT Wilshire US Large Cap Index The index construction methodology follows a threestep process initially estimating riskadjusted returns followed by the calculation of the covariance matrix and culminating in optimization for mean tracking error Reconstitution of the index occurs on a quarterly basis The data utilized for estimating stock riskadjusted returns and the covariance matrix is derived from monthend figures specifically from the month preceding each reconstitution event Notably before December 19 2025 the fund operated under a different structure and name the actively managed Rayliant Quantitative Developed Market Equity ETF RAYD