LGHT vs. IBBQ ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to Invesco Nasdaq Biotechnology ETF (IBBQ)
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

686

Number of Holdings *

31

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

Invesco Nasdaq Biotechnology ETF

IBBQ Description The investment seeks to track the investment results (before fees and expenses) of the Nasdaq Biotechnology Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market capitalization weighted index that is designed to measure the performance of securities listed on the Nasdaq Stock Market that are classified as either biotechnology or pharmaceutical companies. The index may include securities of large-, mid- and small-capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.54

Average Daily Volume

21,141

Number of Holdings *

196

* may have additional holdings in another (foreign) market
Performance
Period LGHT IBBQ
30 Days -3.23% -0.51%
60 Days -3.02% -3.80%
90 Days 2.70% -0.38%
12 Months 24.48%
3 Overlapping Holdings
Symbol Grade Weight in LGHT Weight in IBBQ Overlap
ALKS F 0.6% 0.45% 0.45%
BNTX B 3.9% 1.1% 1.1%
MRNA F 2.38% 2.05% 2.05%
LGHT Overweight 28 Positions Relative to IBBQ
Symbol Grade Weight
ISRG B 14.59%
GEHC D 9.12%
RMD A 7.12%
IQV F 6.5%
DXCM C 5.26%
PHG D 5.01%
VEEV B 4.73%
PODD A 4.72%
ZBH C 3.55%
ALGN F 2.67%
MASI A 2.24%
DOCS A 1.67%
PRCT A 1.35%
TNDM F 0.6%
OMCL B 0.45%
EVH D 0.41%
IRTC C 0.39%
PRVA B 0.38%
LFST C 0.3%
TDOC C 0.29%
PGNY F 0.28%
GDRX F 0.27%
ALHC A 0.2%
SDGR F 0.19%
PHR F 0.15%
ACCD F 0.06%
TBRG A 0.03%
MODV F 0.03%
LGHT Underweight 193 Positions Relative to IBBQ
Symbol Grade Weight
GILD A -9.35%
VRTX D -7.92%
AMGN C -7.87%
REGN F -6.52%
AZN F -4.46%
ALNY C -3.8%
BIIB F -2.7%
ILMN A -2.27%
ARGX A -1.79%
UTHR A -1.57%
SNY D -1.53%
SMMT C -1.42%
VTRS B -1.38%
BMRN F -1.35%
INCY A -1.27%
SRPT D -1.27%
PCVX C -1.26%
INSM D -1.24%
RPRX D -1.23%
NBIX C -1.18%
MEDP F -1.02%
BGNE C -0.95%
ROIV D -0.88%
ITCI A -0.81%
EXEL A -0.81%
RVMD A -0.8%
ASND F -0.76%
JAZZ D -0.67%
HALO B -0.63%
CYTK F -0.62%
IONS F -0.57%
NUVL D -0.56%
BPMC C -0.53%
RNA C -0.53%
KRYS C -0.51%
RARE D -0.51%
ACLX B -0.47%
CRNX B -0.47%
BBIO D -0.46%
IMVT F -0.45%
MDGL A -0.44%
AXSM C -0.43%
CRSP C -0.41%
ADMA B -0.38%
DNLI C -0.38%
MRUS C -0.36%
LEGN F -0.36%
FOLD B -0.35%
APLS F -0.34%
EWTX B -0.33%
DYN F -0.32%
KYMR C -0.32%
XENE C -0.32%
PTCT B -0.32%
IOVA B -0.32%
RYTM D -0.31%
PTGX B -0.28%
JANX A -0.28%
AGIO B -0.26%
IDYA F -0.25%
ARWR F -0.25%
VRNA A -0.25%
GH D -0.25%
VCYT A -0.25%
TWST F -0.24%
ACAD F -0.24%
GERN C -0.24%
AMPH A -0.24%
KROS A -0.23%
SRRK B -0.23%
SWTX D -0.22%
VERA A -0.22%
VCEL D -0.21%
MYGN F -0.2%
AKRO A -0.2%
LGND A -0.2%
ARVN C -0.19%
WVE B -0.19%
SUPN B -0.19%
MIRM B -0.19%
HROW C -0.19%
HRMY D -0.19%
RXRX F -0.18%
MNKD A -0.18%
NVCR F -0.18%
BEAM F -0.18%
ZLAB B -0.17%
BCRX A -0.17%
OCUL B -0.17%
FTRE F -0.16%
RCKT F -0.16%
NVAX F -0.16%
NTLA F -0.16%
SNDX F -0.16%
NRIX B -0.16%
DAWN A -0.15%
TARS A -0.15%
SPRY B -0.15%
KURA F -0.14%
IRON D -0.14%
ELVN B -0.14%
ARDX D -0.14%
TVTX B -0.14%
DVAX A -0.14%
INVA C -0.13%
ANIP F -0.13%
IMCR F -0.13%
XNCR A -0.13%
COGT B -0.13%
GRFS B -0.11%
CNTA A -0.11%
PHAT B -0.11%
COLL F -0.11%
GMAB F -0.1%
ANAB F -0.1%
ARQT D -0.1%
EOLS A -0.1%
VIR B -0.1%
AUPH A -0.1%
MRVI F -0.1%
SANA F -0.09%
PRTA F -0.09%
CSTL A -0.09%
AUTL D -0.09%
PETQ A -0.09%
CGEM F -0.09%
BCYC D -0.09%
ABUS D -0.08%
PCRX C -0.08%
ABCL C -0.08%
REPL B -0.08%
ETNB D -0.08%
RLAY F -0.08%
PLRX A -0.08%
YMAB A -0.07%
LXRX D -0.07%
ADPT A -0.07%
OLMA F -0.07%
MLYS B -0.07%
HUMA D -0.07%
ERAS C -0.07%
SVRA D -0.06%
RVNC C -0.06%
ORIC D -0.06%
GLPG F -0.06%
CVAC F -0.06%
IRWD F -0.06%
HCM C -0.06%
ALEC D -0.05%
OABI D -0.05%
MGTX B -0.05%
AVXL A -0.05%
PACB C -0.05%
SIGA D -0.05%
RGNX F -0.05%
TERN D -0.05%
PAHC B -0.05%
SAGE F -0.05%
XERS A -0.05%
VERV C -0.05%
PRME C -0.05%
URGN F -0.05%
EYPT C -0.05%
ARCT F -0.05%
KALV D -0.05%
ALLO D -0.05%
THRD A -0.05%
VYGR C -0.04%
TSHA F -0.04%
BMEA D -0.04%
TBPH C -0.04%
FDMT F -0.04%
PGEN F -0.03%
EDIT F -0.03%
VNDA D -0.03%
LYEL F -0.03%
ACIU F -0.03%
ITOS F -0.03%
QURE B -0.03%
VTYX F -0.02%
CRBU D -0.02%
CABA F -0.02%
ATAI F -0.02%
FULC F -0.02%
ZNTL D -0.02%
MGNX C -0.02%
AMRN F -0.02%
RAPT D -0.01%
ALXO F -0.01%
OVID D -0.01%
CHRS F -0.01%
ACRS B -0.01%
BLUE F -0.01%
Compare ETFs