LGHT vs. HTEC ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to Robo Global Healthcare Technology and Innovation ETF (HTEC)
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
HTEC
Robo Global Healthcare Technology and Innovation ETF
HTEC Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ROBO Global Healthcare Technology and Innovation Index. The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of companies that have a portion of their business and revenue derived from the field of healthcare technology, and the potential to grow within this space through innovation and market adoption of such companies products and services. It is non-diversified.Grade (RS Rating)
Last Trade
$28.52
Average Daily Volume
4,634
55
Performance
| Period | LGHT | HTEC |
|---|---|---|
| 30 Days | -3.06% | -2.21% |
| 60 Days | -2.46% | -3.48% |
| 90 Days | -0.81% | -2.32% |
| 12 Months | 14.30% |
10 Overlapping Holdings
LGHT Overweight 21 Positions Relative to HTEC
LGHT Underweight 45 Positions Relative to HTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| GH | B | -2.11% | |
| NTRA | A | -2.02% | |
| CRL | D | -1.94% | |
| ILMN | C | -1.92% | |
| INCY | C | -1.91% | |
| PEN | B | -1.88% | |
| SYK | A | -1.82% | |
| BSX | A | -1.79% | |
| VRTX | D | -1.76% | |
| VCYT | B | -1.73% | |
| AXGN | D | -1.72% | |
| CRSP | D | -1.69% | |
| RVTY | D | -1.69% | |
| TWST | F | -1.58% | |
| AORT | B | -1.56% | |
| CTLT | D | -1.54% | |
| DHR | D | -1.52% | |
| STAA | F | -1.51% | |
| NVCR | C | -1.5% | |
| ARWR | D | -1.5% | |
| MEDP | F | -1.5% | |
| TMO | D | -1.49% | |
| BMY | B | -1.45% | |
| IART | C | -1.44% | |
| EW | C | -1.44% | |
| NOVT | D | -1.44% | |
| BIO | C | -1.42% | |
| GKOS | A | -1.42% | |
| UTHR | C | -1.41% | |
| QGEN | D | -1.41% | |
| ABT | B | -1.41% | |
| A | F | -1.4% | |
| AZTA | D | -1.38% | |
| GMED | A | -1.37% | |
| HOLX | D | -1.25% | |
| BDX | F | -1.22% | |
| CNMD | C | -1.14% | |
| REGN | F | -1.13% | |
| FLGT | F | -1.12% | |
| CDNA | D | -1.1% | |
| EXAS | D | -1.09% | |
| HCAT | F | -0.99% | |
| BMRN | F | -0.92% | |
| ALNY | D | -0.92% | |
| BAX | F | -0.88% |
LGHT: Top Represented Industries & Keywords
HTEC: Top Represented Industries & Keywords
Compare ETFs
