LGHT vs. EKG ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to First Trust Nasdaq Lux Digital Health Solutions ETF (EKG)
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

$10.34

Average Daily Volume

377

Number of Holdings *

8

* may have additional holdings in another (foreign) market
EKG

First Trust Nasdaq Lux Digital Health Solutions ETF

EKG Description First Trust Nasdaq Lux Digital Health Solutions ETF is an exchange traded fund launched and managed by First Trust Advisors LP. It invests in public equity markets of global region. It invests in stocks of companies operating across health care, health care equipment and services, health care technology sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Nasdaq Lux Health Tech Index, by using full replication technique. First Trust Nasdaq Lux Digital Health Solutions ETF was formed on March 22, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$16.32

Average Daily Volume

632

Number of Holdings *

43

* may have additional holdings in another (foreign) market
Performance
Period LGHT EKG
30 Days 5.92% 6.05%
60 Days 0.64% 5.35%
90 Days -2.74% 2.16%
12 Months 3.98%
5 Overlapping Holdings
Symbol Grade Weight in LGHT Weight in EKG Overlap
DXCM F 5.93% 4.86% 4.86%
IQV B 5.91% 7.78% 5.91%
ISRG B 22.61% 9.68% 9.68%
RMD A 5.43% 10.88% 5.43%
VEEV A 4.53% 7.39% 4.53%
LGHT Overweight 3 Positions Relative to EKG
Symbol Grade Weight
GEHC B 6.69%
PHG A 5.04%
ZBH D 3.58%
LGHT Underweight 38 Positions Relative to EKG
Symbol Grade Weight
NTRA B -5.09%
PODD A -4.86%
HOLX A -4.3%
EXAS B -4.03%
QGEN B -4.0%
GMED C -3.73%
ILMN B -3.69%
ALGN F -2.89%
INSP A -2.4%
TMDX C -2.07%
MASI D -1.94%
DOCS B -1.92%
OSCR B -1.53%
PRCT B -1.39%
GH F -1.33%
HIMS F -1.22%
TNDM B -1.08%
MYGN B -1.06%
TXG D -0.99%
VCYT B -0.97%
PGNY D -0.9%
TWST F -0.87%
PRVA D -0.86%
NEO B -0.82%
IRTC F -0.75%
TDOC F -0.51%
ESTA D -0.51%
SDGR F -0.5%
LFST A -0.36%
GDRX C -0.33%
ATEC F -0.33%
ADPT B -0.28%
CTKB F -0.28%
QTRX F -0.22%
NNOX F -0.16%
DH F -0.13%
PACB F -0.13%
ACCD D -0.11%
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