LGHT vs. GDOC ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to Goldman Sachs Future Health Care Equity ETF (GDOC)
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
$10.31
Average Daily Volume
913
31
GDOC
Goldman Sachs Future Health Care Equity ETF
GDOC Description
Goldman Sachs Future Health Care Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across health care including genomics, precision medicine, technology-enabled procedures, and digital healthcare sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs fundamental analysis and quantitative with to create its portfolio. It seeks to benchmark the performance of its portfolio against the MSCI ACWI Health Care Index. The fund employs proprietary research to create its portfolio. Goldman Sachs Future Health Care Equity ETF was formed on November 9, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$32.98
Average Daily Volume
843
31
Performance
| Period | LGHT | GDOC |
|---|---|---|
| 30 Days | -3.06% | -7.31% |
| 60 Days | -2.46% | -9.35% |
| 90 Days | -0.81% | -9.91% |
| 12 Months | 10.77% |
LGHT Overweight 26 Positions Relative to GDOC
| Symbol | Grade | Weight | |
|---|---|---|---|
| GEHC | C | 8.56% | |
| RMD | C | 6.71% | |
| IQV | F | 6.34% | |
| DXCM | C | 5.51% | |
| PHG | C | 4.87% | |
| ZBH | C | 3.57% | |
| BNTX | D | 3.53% | |
| MASI | B | 2.46% | |
| DOCS | C | 2.06% | |
| MRNA | F | 1.72% | |
| PRCT | B | 1.27% | |
| ALKS | C | 0.66% | |
| TNDM | D | 0.54% | |
| PRVA | C | 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 | F | 0.07% | |
| MODV | C | 0.03% | |
| TBRG | A | 0.03% |
LGHT Underweight 26 Positions Relative to GDOC
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | F | -10.15% | |
| BSX | A | -7.57% | |
| UNH | B | -5.35% | |
| ABBV | F | -5.21% | |
| AMGN | D | -4.08% | |
| ABT | B | -4.06% | |
| MRK | F | -4.0% | |
| DHR | D | -3.47% | |
| BMRN | F | -2.64% | |
| ARGX | A | -2.05% | |
| NBIX | C | -1.76% | |
| ALNY | D | -1.55% | |
| IDXX | F | -1.53% | |
| WST | C | -1.27% | |
| MTD | F | -1.24% | |
| NTRA | A | -0.91% | |
| MDGL | C | -0.7% | |
| CGON | F | -0.65% | |
| RARE | F | -0.63% | |
| PCVX | D | -0.6% | |
| ROIV | D | -0.59% | |
| GMAB | F | -0.55% | |
| BPMC | C | -0.53% | |
| XENE | D | -0.46% | |
| TMDX | F | -0.45% | |
| ANAB | F | -0.2% |
LGHT: Top Represented Industries & Keywords
GDOC: Top Represented Industries & Keywords
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