Article snapshot taken from Wikipedia with creative commons attribution-sharealike license.
Give it a read and then ask your questions in the chat.
We can research this topic together.
The initial active ingredient was the first synthetic pyrethroid, allethrin. Raid derivatives aimed at particular invertebrate species can contain other active agents such as the more toxic cyfluthrin, another synthetic pyrethroid.
Currently Raid Ant & Roach Killer contains pyrethroids, piperonyl butoxide, and permethrin; other products contain tetramethrin, cypermethrin and imiprothrin as active ingredients. Raid Flying Insect Killer, a spray, uses prallethrin and D-phenothrin.