LGHT vs. BELT ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to BlackRock Long-Term U.S. Equity ETF (BELT)
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
$10.35
Average Daily Volume
915
31
BELT
BlackRock Long-Term U.S. Equity ETF
BELT Description
Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of U.S. issuers and derivatives with similar economic characteristics. It may invest up to 20% of its assets in equity securities of foreign issuers, including ADRs and GDRs. The fund is non-diversified.Grade (RS Rating)
Last Trade
$30.36
Average Daily Volume
990
20
Performance
Period | LGHT | BELT |
---|---|---|
30 Days | -1.96% | 1.17% |
60 Days | -2.17% | 1.28% |
90 Days | -1.81% | 2.70% |
12 Months |
LGHT Overweight 29 Positions Relative to BELT
Symbol | Grade | Weight | |
---|---|---|---|
GEHC | D | 8.56% | |
RMD | C | 6.71% | |
IQV | F | 6.34% | |
DXCM | C | 5.51% | |
PODD | C | 5.26% | |
VEEV | C | 5.15% | |
PHG | C | 4.87% | |
ZBH | C | 3.57% | |
BNTX | C | 3.53% | |
ALGN | D | 2.85% | |
DOCS | C | 2.06% | |
MRNA | F | 1.72% | |
PRCT | B | 1.27% | |
ALKS | C | 0.66% | |
TNDM | D | 0.54% | |
IRTC | C | 0.44% | |
PRVA | C | 0.44% | |
OMCL | C | 0.42% | |
LFST | B | 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% |
LGHT Underweight 18 Positions Relative to BELT
LGHT: Top Represented Industries & Keywords
BELT: Top Represented Industries & Keywords