CSD vs. LGHT ETF Comparison
Comparison of Guggenheim Spin-Off ETF (CSD) to Langar Global HealthTech ETF (LGHT)
CSD
Guggenheim Spin-Off ETF
CSD Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Spin-off Index. The fund invests at least 90% of its assets in common stock, ADRs and MLPs that comprise the index and depositary receipts representing common stocks included in the index. It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$89.24
Average Daily Volume
2,229
24
LGHT
Langar Global HealthTech ETF
LGHT Description
LGHT targets the global healthcare technology industry. The fund actively invests in HealthTech companies, which the adviser defines as firms that develop technology designed to create healthcare efficiency by addressing key pain points for patients, providers, payors, and hospitals, including those companies that derive a majority of their revenue from HealthTech products and services. The portfolio construction starts by identifying companies that fit into the advisers HealthTech definition. The remaining companies are screened using a proprietary metric that assesses each firms financial health, involvement in relevant controversies, as well as the strength of its team and culture. Each company is then assigned an industry risk score through an algorithm that defines quantitative and qualitative risk categories and weights them accordingly. Finally, each company is reviewed by an investment committee. However, the portfolio manager still has full discretion over the final selection.Grade (RS Rating)
Last Trade
$10.42
Average Daily Volume
913
31
Performance
Period | CSD | LGHT |
---|---|---|
30 Days | 9.59% | -0.59% |
60 Days | 11.03% | -1.40% |
90 Days | 18.30% | -1.14% |
12 Months | 51.82% |
1 Overlapping Holdings
Symbol | Grade | Weight in CSD | Weight in LGHT | Overlap | |
---|---|---|---|---|---|
GEHC | F | 6.5% | 8.56% | 6.5% |
CSD Overweight 23 Positions Relative to LGHT
Symbol | Grade | Weight | |
---|---|---|---|
GEV | B | 8.93% | |
VLTO | D | 6.56% | |
CEG | D | 6.17% | |
SOLV | C | 5.46% | |
DTM | B | 5.19% | |
ESAB | B | 5.17% | |
KD | B | 5.03% | |
CR | A | 5.0% | |
GXO | B | 4.99% | |
VNT | B | 4.92% | |
KNF | A | 4.36% | |
UHAL | D | 3.86% | |
OGN | D | 3.16% | |
RXO | C | 3.09% | |
VSCO | B | 2.37% | |
PHIN | A | 1.88% | |
NATL | B | 1.82% | |
FTRE | D | 1.48% | |
CNXC | F | 1.47% | |
VSTS | C | 1.37% | |
VMEO | B | 0.82% | |
EMBC | C | 0.69% | |
CCSI | C | 0.37% |
CSD Underweight 30 Positions Relative to LGHT
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | A | -15.39% | |
RMD | C | -6.71% | |
IQV | D | -6.34% | |
DXCM | D | -5.51% | |
PODD | C | -5.26% | |
VEEV | C | -5.15% | |
PHG | D | -4.87% | |
ZBH | C | -3.57% | |
BNTX | D | -3.53% | |
ALGN | D | -2.85% | |
MASI | A | -2.46% | |
DOCS | C | -2.06% | |
MRNA | F | -1.72% | |
PRCT | B | -1.27% | |
ALKS | B | -0.66% | |
TNDM | F | -0.54% | |
IRTC | D | -0.44% | |
PRVA | B | -0.44% | |
OMCL | C | -0.42% | |
LFST | C | -0.31% | |
TDOC | C | -0.28% | |
PGNY | F | -0.25% | |
EVH | F | -0.22% | |
SDGR | C | -0.21% | |
GDRX | F | -0.2% | |
ALHC | C | -0.2% | |
PHR | F | -0.17% | |
ACCD | D | -0.07% | |
MODV | C | -0.03% | |
TBRG | B | -0.03% |
CSD: Top Represented Industries & Keywords
LGHT: Top Represented Industries & Keywords