LGHT vs. MOAT ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to Market Vectors Wide Moat ETF (MOAT)
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

820

Number of Holdings *

31

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

Market Vectors Wide Moat ETF

MOAT Description The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Wide Moat Focus IndexSM (the "Wide Moat Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of securities issued by companies that Morningstar, Inc. ("Morningstar" or the "Wide Moat Index Provider") determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$94.83

Average Daily Volume

654,383

Number of Holdings *

53

* may have additional holdings in another (foreign) market
Performance
Period LGHT MOAT
30 Days -3.81% -2.65%
60 Days -4.04% -0.46%
90 Days -0.77% 2.72%
12 Months 23.81%
3 Overlapping Holdings
Symbol Grade Weight in LGHT Weight in MOAT Overlap
GEHC D 8.56% 1.17% 1.17%
VEEV C 5.15% 2.61% 2.61%
ZBH C 3.57% 2.34% 2.34%
LGHT Overweight 28 Positions Relative to MOAT
Symbol Grade Weight
ISRG A 15.39%
RMD C 6.71%
IQV F 6.34%
DXCM C 5.51%
PODD A 5.26%
PHG F 4.87%
BNTX D 3.53%
ALGN C 2.85%
MASI B 2.46%
DOCS B 2.06%
MRNA F 1.72%
PRCT B 1.27%
ALKS C 0.66%
TNDM F 0.54%
IRTC C 0.44%
PRVA B 0.44%
OMCL C 0.42%
LFST C 0.31%
TDOC C 0.28%
PGNY F 0.25%
EVH F 0.22%
SDGR D 0.21%
GDRX F 0.2%
ALHC C 0.2%
PHR F 0.17%
ACCD F 0.07%
MODV D 0.03%
TBRG A 0.03%
LGHT Underweight 50 Positions Relative to MOAT
Symbol Grade Weight
GILD B -3.09%
CRM B -3.03%
ADSK B -2.91%
TRU D -2.87%
BIO D -2.85%
MKTX D -2.81%
EMR A -2.81%
USB A -2.76%
BMY B -2.76%
KVUE A -2.68%
ALLE D -2.56%
MO A -2.54%
CTVA D -2.51%
DIS B -2.43%
CPB D -2.33%
A F -2.3%
ADBE F -2.19%
PFE F -2.14%
IFF F -2.11%
NKE F -2.04%
BA F -2.03%
HII F -1.87%
FTNT B -1.67%
EL F -1.53%
WAT B -1.42%
CLX A -1.42%
GOOGL B -1.4%
IEX B -1.38%
NOC D -1.38%
SCHW A -1.38%
WDAY C -1.35%
AMZN B -1.34%
APD A -1.34%
KEYS C -1.32%
MAS D -1.31%
CMCSA B -1.3%
OTIS C -1.29%
RTX D -1.29%
SBUX A -1.29%
HON A -1.28%
UPS C -1.23%
EFX F -1.23%
NXPI F -1.21%
LRCX F -1.21%
MSFT D -1.19%
ROK B -1.17%
MCHP F -1.12%
TMO F -1.07%
TER F -1.0%
ETSY D -0.95%
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