LGHT vs. MAKX ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to ProShares S&P Kensho Smart Factories ETF (MAKX)
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
31
MAKX
ProShares S&P Kensho Smart Factories ETF
MAKX Description
ProShares S&P Kensho Smart Factories ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on building the technology empowering the digitalization of manufacturing activities sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. ProShares S&P Kensho Smart Factories ETF is domiciled in the United States. The investment seeks results, before fees and expenses, that track the performance of the S&P Kensho Smart Factories Index.Grade (RS Rating)
Last Trade
$38.04
Average Daily Volume
91
19
Performance
| Period | LGHT | MAKX |
|---|---|---|
| 30 Days | -3.23% | 1.79% |
| 60 Days | -3.02% | 3.25% |
| 90 Days | 2.70% | 6.23% |
| 12 Months | 23.97% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in MAKX | Overlap |
|---|
LGHT Overweight 31 Positions Relative to MAKX
| 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% | |
| BNTX | B | 3.9% | |
| ZBH | C | 3.55% | |
| ALGN | F | 2.67% | |
| MRNA | F | 2.38% | |
| MASI | A | 2.24% | |
| DOCS | A | 1.67% | |
| PRCT | A | 1.35% | |
| TNDM | F | 0.6% | |
| ALKS | 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 19 Positions Relative to MAKX
LGHT: Top Represented Industries & Keywords
MAKX: Top Represented Industries & Keywords
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