LGHT vs. NLR ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to Market Vectors Uranium & Nuclear Energy ETF (NLR)
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
NLR
Market Vectors Uranium & Nuclear Energy ETF
NLR Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the DAXglobal® Nuclear Energy Index. The fund normally invests at least 80% of its total assets in equity securities of U.S. and foreign companies primarily engaged in various aspects of the nuclear energy business. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Nuclear Energy Index. The fund may concentrate its investments in a particular industry or group of industries to the extent that the index concentrates in an industry or group of industries. It is non-diversified.Grade (RS Rating)
Last Trade
$95.96
Average Daily Volume
192,753
10
Performance
Period | LGHT | NLR |
---|---|---|
30 Days | -3.06% | -4.41% |
60 Days | -2.46% | 15.87% |
90 Days | -0.81% | 24.64% |
12 Months | 29.75% |
0 Overlapping Holdings
Symbol | Grade | Weight in LGHT | Weight in NLR | Overlap |
---|
LGHT Overweight 31 Positions Relative to NLR
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | A | 15.39% | |
GEHC | C | 8.56% | |
RMD | C | 6.71% | |
IQV | F | 6.34% | |
DXCM | C | 5.51% | |
PODD | B | 5.26% | |
VEEV | C | 5.15% | |
PHG | C | 4.87% | |
ZBH | C | 3.57% | |
BNTX | D | 3.53% | |
ALGN | D | 2.85% | |
MASI | B | 2.46% | |
DOCS | C | 2.06% | |
MRNA | F | 1.72% | |
PRCT | B | 1.27% | |
ALKS | C | 0.66% | |
TNDM | D | 0.54% | |
IRTC | C | 0.44% | |
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: Top Represented Industries & Keywords
NLR: Top Represented Industries & Keywords