FDHT vs. LGHT ETF Comparison

Comparison of Fidelity Digital Health ETF (FDHT) to Langar Global HealthTech ETF (LGHT)

FDHT

Fidelity Digital Health ETF

FDHT Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Digital Health Index. Normally investing at least 80% of assets in securities included in the Fidelity Digital Health Index and in depositary receipts representing securities included in the index. The Fidelity Digital Health Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum providing healthcare records management, connected healthcare devices, surgical robotics, telemedicine, and other technology-enabled healthcare products and services.

Grade (RS Rating)

Last Trade

$20.72

Average Daily Volume

1,990

Number of Holdings ^*

* 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

$10.62

Average Daily Volume

394

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDHT	LGHT
30 Days	5.63%	0.22%
60 Days	12.79%	6.13%
90 Days	14.49%	4.23%
12 Months	26.03%

5 Overlapping Holdings

Symbol	Grade	Weight in FDHT	Weight in LGHT	Overlap
DXCM	F	4.35%	5.93%	4.35%
IQV	F	1.92%	5.91%	1.92%
ISRG	A	4.42%	22.61%	4.42%
RMD	C	4.29%	5.43%	4.29%
VEEV	C	4.21%	4.53%	4.21%

FDHT Overweight 23 Positions Relative to LGHT

Symbol	Grade	Weight
PODD	C	3.98%
MASI	B	2.96%
DOCS	A	2.87%
INSP	B	2.79%
MMS	B	2.67%
HIMS	B	2.34%
AXNX	A	2.26%
ASTH	A	2.19%
CRVL	C	2.15%
EVH	D	2.14%
TNDM	D	2.13%
RCM	B	2.09%
IRTC	F	2.05%
CTSH	B	2.03%
CI	D	1.96%
PINC	F	1.84%
OMCL	C	1.78%
TDOC	D	1.76%
PHR	F	1.43%
AXGN	B	1.28%
HCAT	C	1.27%
GDRX	F	1.07%
ACCD	F	0.91%

FDHT Underweight 3 Positions Relative to LGHT

Symbol	Grade	Weight
GEHC	C	-6.69%
PHG	A	-5.04%
ZBH	F	-3.58%