LGHT vs. SSG ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to ProShares UltraShort Semiconductors (SSG)
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
$10.49
Average Daily Volume
438
8
SSG
ProShares UltraShort Semiconductors
SSG Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. SemiconductorsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the semiconductor sub-sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$5.75
Average Daily Volume
199,816
25
Performance
| Period | LGHT | SSG |
|---|---|---|
| 30 Days | 1.45% | -36.76% |
| 60 Days | 4.44% | -35.79% |
| 90 Days | 1.71% | -7.45% |
| 12 Months | -83.39% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in SSG | Overlap |
|---|
LGHT Underweight 25 Positions Relative to SSG
| Symbol | Grade | Weight | |
|---|---|---|---|
| INTC | D | -20.47% | |
| NVDA | B | -12.05% | |
| TXN | C | -9.72% | |
| AVGO | A | -9.66% | |
| QCOM | D | -8.64% | |
| MU | D | -5.04% | |
| AMAT | C | -4.58% | |
| AMD | B | -4.48% | |
| LRCX | D | -3.53% | |
| ADI | B | -3.48% | |
| KLAC | B | -2.23% | |
| MCHP | F | -2.06% | |
| SWKS | F | -1.67% | |
| MRVL | B | -1.5% | |
| QRVO | F | -1.06% | |
| TER | C | -0.93% | |
| ON | F | -0.81% | |
| OLED | B | -0.71% | |
| ENTG | D | -0.6% | |
| MPWR | B | -0.58% | |
| MKSI | F | -0.5% | |
| SLAB | D | -0.41% | |
| CRUS | D | -0.38% | |
| SMTC | C | -0.29% | |
| IDCC | A | -0.15% |
LGHT: Top Represented Industries & Keywords
SSG: Top Represented Industries & Keywords
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