LGHT vs. MEDI ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to Harbor Health Care ETF (MEDI)
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

Number of Holdings *

31

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

Harbor Health Care ETF

MEDI Description Harbor Health Care ETF is an exchange traded fund launched and managed by Harbor Capital Advisors, Inc. It is co-managed by Westfield Capital Management Company, L.P. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across health care sectors. It invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. Harbor Health Care ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$25.47

Average Daily Volume

1,269

Number of Holdings *

33

* may have additional holdings in another (foreign) market
Performance
Period LGHT MEDI
30 Days -3.06% -6.10%
60 Days -2.46% -9.85%
90 Days -0.81% -6.96%
12 Months 14.56%
6 Overlapping Holdings
Symbol Grade Weight in LGHT Weight in MEDI Overlap
DXCM C 5.51% 3.39% 3.39%
GEHC C 8.56% 1.48% 1.48%
IRTC C 0.44% 1.08% 0.44%
MASI B 2.46% 4.07% 2.46%
PODD B 5.26% 3.3% 3.3%
PRCT B 1.27% 0.56% 0.56%
LGHT Overweight 25 Positions Relative to MEDI
Symbol Grade Weight
ISRG A 15.39%
RMD C 6.71%
IQV F 6.34%
VEEV C 5.15%
PHG C 4.87%
ZBH C 3.57%
BNTX D 3.53%
ALGN D 2.85%
DOCS C 2.06%
MRNA F 1.72%
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 27 Positions Relative to MEDI
Symbol Grade Weight
ASND F -17.04%
LEGN D -7.7%
LLY F -6.62%
UNH B -5.13%
PCVX D -4.48%
PFE F -4.46%
LNTH C -3.99%
OPCH F -3.56%
ABBV F -3.29%
NVO D -3.21%
BCYC F -2.52%
HAE C -2.26%
ICLR D -1.85%
BIO C -1.81%
ARGX A -1.79%
VRTX D -1.78%
GKOS A -1.73%
RCKT F -1.54%
ITCI B -1.51%
ILMN C -1.31%
BSX A -1.21%
CYTK D -0.8%
OSCR D -0.72%
ETNB D -0.72%
MRUS F -0.71%
INVA D -0.45%
VKTX F -0.25%
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