LGHT vs. IYH ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to iShares U.S. Healthcare ETF (IYH)
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
IYH
iShares U.S. Healthcare ETF
IYH Description
The investment seeks to track the investment results of an index composed of U.S. equities in the healthcare sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Health Care Index (the "underlying index"), which measures the performance of the healthcare sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$60.62
Average Daily Volume
250,486
106
Performance
| Period | LGHT | IYH |
|---|---|---|
| 30 Days | -3.06% | -5.88% |
| 60 Days | -2.46% | -7.99% |
| 90 Days | -0.81% | -7.62% |
| 12 Months | 12.24% |
12 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in IYH | Overlap | |
|---|---|---|---|---|---|
| ALGN | D | 2.85% | 0.31% | 0.31% | |
| DOCS | C | 2.06% | 0.11% | 0.11% | |
| DXCM | C | 5.51% | 0.56% | 0.56% | |
| GEHC | C | 8.56% | 0.69% | 0.69% | |
| IQV | F | 6.34% | 0.64% | 0.64% | |
| ISRG | A | 15.39% | 3.46% | 3.46% | |
| MASI | B | 2.46% | 0.13% | 0.13% | |
| MRNA | F | 1.72% | 0.22% | 0.22% | |
| PODD | B | 5.26% | 0.34% | 0.34% | |
| RMD | C | 6.71% | 0.63% | 0.63% | |
| VEEV | C | 5.15% | 0.58% | 0.58% | |
| ZBH | C | 3.57% | 0.43% | 0.43% |
LGHT Overweight 19 Positions Relative to IYH
LGHT Underweight 94 Positions Relative to IYH
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | F | -11.08% | |
| UNH | B | -10.1% | |
| JNJ | D | -6.89% | |
| ABBV | F | -5.42% | |
| MRK | F | -4.53% | |
| ABT | B | -3.72% | |
| TMO | D | -3.63% | |
| AMGN | D | -2.82% | |
| DHR | D | -2.76% | |
| SYK | A | -2.62% | |
| PFE | F | -2.61% | |
| BSX | A | -2.37% | |
| VRTX | D | -2.23% | |
| BMY | B | -2.11% | |
| MDT | D | -2.08% | |
| GILD | B | -2.05% | |
| ELV | F | -1.73% | |
| CI | D | -1.66% | |
| ZTS | D | -1.49% | |
| REGN | F | -1.47% | |
| BDX | F | -1.21% | |
| HCA | F | -1.2% | |
| EW | C | -0.75% | |
| A | F | -0.69% | |
| IDXX | F | -0.64% | |
| HUM | C | -0.62% | |
| CNC | F | -0.56% | |
| ALNY | D | -0.55% | |
| CAH | B | -0.54% | |
| BIIB | F | -0.43% | |
| WST | C | -0.42% | |
| ILMN | C | -0.4% | |
| STE | D | -0.4% | |
| WAT | B | -0.39% | |
| LH | B | -0.37% | |
| COO | D | -0.36% | |
| DGX | A | -0.33% | |
| HOLX | D | -0.33% | |
| MOH | F | -0.32% | |
| NTRA | A | -0.31% | |
| BAX | F | -0.3% | |
| UTHR | C | -0.29% | |
| VTRS | A | -0.28% | |
| THC | C | -0.27% | |
| AVTR | F | -0.26% | |
| RVTY | D | -0.25% | |
| UHS | D | -0.22% | |
| NBIX | C | -0.22% | |
| BMRN | F | -0.22% | |
| INCY | C | -0.22% | |
| CTLT | D | -0.2% | |
| RPRX | D | -0.19% | |
| TECH | F | -0.19% | |
| SRPT | F | -0.18% | |
| CRL | D | -0.18% | |
| EHC | B | -0.18% | |
| EXEL | B | -0.18% | |
| EXAS | D | -0.17% | |
| TFX | F | -0.17% | |
| GMED | A | -0.17% | |
| SOLV | F | -0.17% | |
| ITCI | B | -0.16% | |
| PEN | B | -0.16% | |
| HSIC | C | -0.16% | |
| MEDP | F | -0.15% | |
| DVA | C | -0.15% | |
| CHE | D | -0.15% | |
| JAZZ | B | -0.14% | |
| ELAN | D | -0.13% | |
| RGEN | D | -0.13% | |
| BIO | C | -0.11% | |
| VKTX | F | -0.1% | |
| IONS | F | -0.1% | |
| BRKR | F | -0.1% | |
| ROIV | D | -0.09% | |
| INSP | F | -0.09% | |
| NVST | C | -0.07% | |
| PRGO | C | -0.07% | |
| XRAY | D | -0.07% | |
| OGN | F | -0.07% | |
| RARE | F | -0.07% | |
| ACHC | F | -0.06% | |
| ENOV | C | -0.05% | |
| APLS | F | -0.05% | |
| AMED | F | -0.05% | |
| QDEL | F | -0.04% | |
| SHC | F | -0.04% | |
| AZTA | D | -0.04% | |
| RCM | A | -0.04% | |
| PINC | B | -0.04% | |
| TXG | F | -0.03% | |
| FTRE | D | -0.03% | |
| CERT | F | -0.02% | |
| GRAL | B | -0.01% |
LGHT: Top Represented Industries & Keywords
IYH: Top Represented Industries & Keywords
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