LGHT vs. CLOU ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to Global X Cloud Computing ETF (CLOU)
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
CLOU
Global X Cloud Computing ETF
CLOU Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.Grade (RS Rating)
Last Trade
$24.50
Average Daily Volume
183,672
35
Performance
Period | LGHT | CLOU |
---|---|---|
30 Days | -0.59% | 19.51% |
60 Days | -1.40% | 20.39% |
90 Days | -1.14% | 21.53% |
12 Months | 21.17% |
0 Overlapping Holdings
Symbol | Grade | Weight in LGHT | Weight in CLOU | Overlap |
---|
LGHT Overweight 31 Positions Relative to CLOU
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | A | 15.39% | |
GEHC | F | 8.56% | |
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% |
LGHT Underweight 35 Positions Relative to CLOU
Symbol | Grade | Weight | |
---|---|---|---|
SHOP | B | -4.77% | |
WIX | B | -4.52% | |
HUBS | A | -4.5% | |
QLYS | C | -4.43% | |
TWLO | A | -4.38% | |
SNOW | C | -4.04% | |
CRM | B | -4.01% | |
ZS | C | -3.99% | |
WDAY | B | -3.98% | |
NOW | A | -3.94% | |
SPSC | C | -3.92% | |
WK | B | -3.88% | |
PCOR | B | -3.84% | |
ZM | B | -3.79% | |
PAYC | B | -3.78% | |
DLR | B | -3.75% | |
BOX | B | -3.75% | |
DBX | B | -3.74% | |
AI | B | -3.28% | |
AKAM | D | -3.13% | |
DOCN | D | -2.83% | |
FRSH | C | -2.79% | |
FIVN | C | -2.33% | |
AMZN | C | -1.95% | |
MSFT | F | -1.84% | |
GOOGL | C | -1.49% | |
VMEO | B | -0.83% | |
YEXT | A | -0.81% | |
VNET | B | -0.79% | |
HSTM | B | -0.78% | |
FSLY | D | -0.73% | |
KC | A | -0.64% | |
PUBM | C | -0.51% | |
BABA | D | -0.3% | |
IBM | C | -0.28% |
LGHT: Top Represented Industries & Keywords
CLOU: Top Represented Industries & Keywords