LGHT vs. PID ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to PowerShares Intl Dividend Achievers (PID)

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

$10.35

Average Daily Volume

915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PID

PowerShares Intl Dividend Achievers

PID Description

The PowerShares International Dividend Achievers™ Portfolio (Fund) is based on the NASDAQ International Dividend AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers™. These companies have increased their annual dividend for five or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from International Dividend Achievers Index to NASDAQ International Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$19.18

Average Daily Volume

75,916

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LGHT	PID
30 Days	-1.96%	-3.03%
60 Days	-2.17%	-2.33%
90 Days	-1.81%	-0.52%
12 Months		15.24%

0 Overlapping Holdings

	Symbol	Grade	Weight in LGHT	Weight in PID	Overlap

LGHT Overweight 31 Positions Relative to PID

Symbol	Grade	Weight
ISRG	A	15.39%
GEHC	D	8.56%
RMD	C	6.71%
IQV	F	6.34%
DXCM	C	5.51%
PODD	C	5.26%
VEEV	C	5.15%
PHG	C	4.87%
ZBH	C	3.57%
BNTX	C	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	B	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	D	0.07%
MODV	C	0.03%
TBRG	B	0.03%

LGHT Underweight 23 Positions Relative to PID

Symbol	Grade	Weight
BTI	B	-4.03%
NGG	D	-3.9%
KOF	F	-3.81%
PHI	D	-3.4%
TD	D	-2.78%
SNY	F	-2.51%
GFI	D	-2.43%
DEO	F	-2.31%
OTEX	F	-2.27%
MUFG	B	-2.27%
SMFG	B	-2.23%
NVS	F	-2.12%
PSO	B	-1.85%
INFY	C	-1.76%
DOX	D	-1.63%
CNI	F	-1.51%
RELX	D	-1.28%
RBA	A	-1.12%
WTW	B	-1.01%
SAP	B	-0.92%
LOGI	D	-0.88%
NVO	F	-0.6%
WCN	A	-0.49%