EDOC vs. LGHT ETF Comparison
Comparison of Global X Telemedicine & Digital Health ETF (EDOC) to Langar Global HealthTech ETF (LGHT)
EDOC
Global X Telemedicine & Digital Health ETF
EDOC Description
The Global X Telemedicine & Digital Health ETF (EDOC) seeks to invest in companies positioned to benefit from further advances in the field of telemedicine and digital health. This includes companies involved in Telemedicine, Health Care Analytics, Connected Health Care Devices, and Administrative Digitization.
Grade (RS Rating)
Last Trade
$9.60
Average Daily Volume
28,705
Number of Holdings
*
31
* may have additional holdings in another (foreign) market
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
$10.25
Average Daily Volume
820
Number of Holdings
*
31
* may have additional holdings in another (foreign) market
Performance
Period | EDOC | LGHT |
---|---|---|
30 Days | -0.43% | -4.07% |
60 Days | -0.72% | -3.03% |
90 Days | 4.35% | -1.92% |
12 Months | 7.02% |
15 Overlapping Holdings
Symbol | Grade | Weight in EDOC | Weight in LGHT | Overlap | |
---|---|---|---|---|---|
DOCS | C | 4.97% | 2.06% | 2.06% | |
DXCM | C | 4.07% | 5.51% | 4.07% | |
EVH | F | 1.86% | 0.22% | 0.22% | |
GDRX | F | 0.49% | 0.2% | 0.2% | |
IQV | F | 3.51% | 6.34% | 3.51% | |
IRTC | C | 3.4% | 0.44% | 0.44% | |
LFST | C | 1.06% | 0.31% | 0.31% | |
MASI | B | 4.46% | 2.46% | 2.46% | |
OMCL | C | 2.78% | 0.42% | 0.42% | |
PHR | F | 1.5% | 0.17% | 0.17% | |
PODD | B | 4.39% | 5.26% | 4.39% | |
PRVA | C | 3.05% | 0.44% | 0.44% | |
RMD | C | 3.85% | 6.71% | 3.85% | |
TDOC | D | 2.0% | 0.28% | 0.28% | |
TNDM | F | 2.47% | 0.54% | 0.54% |
EDOC: Top Represented Industries & Keywords
LGHT: Top Represented Industries & Keywords