LGHT vs. FXH ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to First Trust Health Care AlphaDEX (FXH)
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
$10.28
Average Daily Volume
820
31
FXH
First Trust Health Care AlphaDEX
FXH Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Health Care Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the health care sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.Grade (RS Rating)
Last Trade
$106.98
Average Daily Volume
29,593
77
Performance
Period | LGHT | FXH |
---|---|---|
30 Days | -3.81% | -3.11% |
60 Days | -4.04% | -5.51% |
90 Days | -0.77% | -4.13% |
12 Months | 13.44% |
10 Overlapping Holdings
LGHT Overweight 21 Positions Relative to FXH
LGHT Underweight 67 Positions Relative to FXH
Symbol | Grade | Weight | |
---|---|---|---|
NTRA | B | -2.72% | |
PINC | B | -2.6% | |
JAZZ | B | -2.55% | |
UTHR | C | -2.46% | |
EXEL | B | -2.31% | |
ROIV | D | -2.3% | |
THC | C | -2.23% | |
DVA | C | -2.15% | |
ALNY | D | -2.14% | |
UHS | D | -2.0% | |
RARE | F | -1.96% | |
HCA | F | -1.94% | |
CAH | A | -1.88% | |
VTRS | A | -1.86% | |
CNC | F | -1.78% | |
UNH | B | -1.74% | |
DGX | A | -1.73% | |
CRL | D | -1.71% | |
ITCI | B | -1.64% | |
INCY | B | -1.61% | |
CI | D | -1.6% | |
RPRX | F | -1.55% | |
HUM | D | -1.53% | |
MOH | F | -1.52% | |
BIIB | F | -1.46% | |
ENOV | C | -1.45% | |
EHC | B | -1.43% | |
PRGO | C | -1.41% | |
OGN | F | -1.37% | |
EW | C | -1.37% | |
ELV | F | -1.34% | |
MDT | D | -1.31% | |
HOLX | D | -1.3% | |
CHE | D | -1.28% | |
JNJ | D | -1.28% | |
HSIC | C | -1.25% | |
LLY | F | -1.22% | |
INSP | F | -1.12% | |
REGN | F | -1.02% | |
EXAS | F | -1.02% | |
WST | C | -0.96% | |
SYK | A | -0.91% | |
LH | B | -0.91% | |
WAT | B | -0.9% | |
VRTX | C | -0.89% | |
ABT | A | -0.86% | |
BDX | F | -0.81% | |
AMED | F | -0.8% | |
AMGN | F | -0.79% | |
ZTS | D | -0.77% | |
A | F | -0.75% | |
ABBV | F | -0.74% | |
TMO | F | -0.74% | |
BRKR | F | -0.68% | |
TFX | F | -0.66% | |
PEN | B | -0.51% | |
MEDP | D | -0.43% | |
RCM | A | -0.43% | |
BMRN | F | -0.4% | |
TECH | F | -0.39% | |
RVTY | D | -0.39% | |
STE | D | -0.39% | |
DHR | F | -0.37% | |
BAX | F | -0.36% | |
AVTR | F | -0.35% | |
XRAY | F | -0.28% | |
TXG | F | -0.27% |
LGHT: Top Represented Industries & Keywords
FXH: Top Represented Industries & Keywords