LGHT vs. MGRO ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF (MGRO)

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

$10.63

Average Daily Volume

374

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

MGRO

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF

MGRO Description

The fund invests at least 80% of its total assets in securities that comprise the index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure growth companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.05

Average Daily Volume

628

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	LGHT	MGRO
30 Days	0.34%	1.37%
60 Days	6.26%	8.71%
90 Days	4.35%	8.99%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in LGHT	Weight in MGRO	Overlap
	VEEV	C	4.53%	4.35%	4.35%

LGHT Overweight 7 Positions Relative to MGRO

	Symbol	Grade	Weight
	ISRG	C	22.61%
	GEHC	B	6.69%
	DXCM	F	5.93%
	IQV	F	5.91%
	RMD	C	5.43%
	PHG	A	5.04%
	ZBH	F	3.58%

LGHT Underweight 9 Positions Relative to MGRO

	Symbol	Grade	Weight
	TYL	C	-5.43%
	EFX	D	-4.86%
	ADBE	F	-4.8%
	FTNT	C	-4.79%
	ADSK	C	-4.41%
	A	B	-4.21%
	TRU	C	-4.15%
	AMZN	C	-4.09%
	ROK	D	-4.03%

LGHT: Top Represented Industries & Keywords

Industries: Diagnostics & Research Medical Instruments & Supplies Health Information Services Health Information Services Medical Devices

Keywords: S&P 500 Medicine Nasdaq 100 Healthcare Dealers Healthcare Providers Magnetic Resonance Imaging Surgery Telehealth Telemedicine 3 D Aesthetics Artificial Intelligence In Healthcare Beauty Products Beverage Appliances Biopharmaceutical Development Blood Glucose Monitoring Bone Breathing CRM Camera

MGRO: Top Represented Industries & Keywords

Industries: Software - Application Business Services Diagnostics & Research Diversified Industrials Health Information Services Specialty Retail

Keywords: S&P 500 Nasdaq 100 Information Solutions Work From Home Application Software Computing Credit Credit Bureau Credit Scoring Digital Media Financial Management Personal Finance Software Telecommunications Telemedicine Visualization Accounting Software Acid Advertising Services Ambulance