LGHT vs. XBI ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to SPDR S&P Biotech ETF (XBI)
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

$10.42

Average Daily Volume

913

Number of Holdings *

31

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

SPDR S&P Biotech ETF

XBI Description The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the biotechnology segment of a U.S. total market composite index. In seeking to track the performance of the S&P Biotechnology Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the biotechnology industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$96.24

Average Daily Volume

8,531,296

Number of Holdings *

128

* may have additional holdings in another (foreign) market
Performance
Period LGHT XBI
30 Days -0.59% -0.44%
60 Days -1.40% -2.97%
90 Days -1.14% -5.18%
12 Months 32.40%
2 Overlapping Holdings
Symbol Grade Weight in LGHT Weight in XBI Overlap
ALKS B 0.66% 1.13% 0.66%
MRNA F 1.72% 1.57% 1.57%
LGHT Overweight 29 Positions Relative to XBI
Symbol Grade Weight
ISRG A 15.39%
GEHC F 8.56%
RMD C 6.71%
IQV D 6.34%
DXCM D 5.51%
PODD C 5.26%
VEEV C 5.15%
PHG D 4.87%
ZBH C 3.57%
BNTX D 3.53%
ALGN D 2.85%
MASI A 2.46%
DOCS C 2.06%
PRCT B 1.27%
TNDM F 0.54%
IRTC D 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 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 126 Positions Relative to XBI
Symbol Grade Weight
NTRA B -3.3%
INCY C -3.29%
GILD C -2.9%
UTHR C -2.88%
NBIX C -2.62%
VRTX F -2.62%
INSM C -2.43%
ALNY D -2.38%
ABBV D -2.33%
AMGN D -2.28%
SRPT D -2.28%
BIIB F -2.19%
MDGL B -2.17%
EXAS D -2.05%
VKTX F -2.0%
BMRN D -1.98%
REGN F -1.8%
CYTK F -1.79%
BPMC C -1.69%
CRSP D -1.63%
TGTX B -1.62%
RVMD C -1.46%
RNA D -1.32%
KRYS B -1.29%
HALO F -1.27%
EXEL B -1.23%
ADMA B -1.23%
ROIV C -1.18%
IONS F -1.08%
TWST D -0.93%
PCVX D -0.9%
IOVA F -0.88%
BBIO F -0.87%
APLS D -0.86%
GERN D -0.86%
CRNX C -0.84%
ACLX C -0.79%
DYN F -0.78%
ACAD D -0.78%
SWTX C -0.77%
AGIO C -0.76%
BEAM D -0.72%
RARE D -0.69%
RXRX F -0.66%
PTCT B -0.64%
FOLD F -0.63%
IMVT F -0.62%
RYTM C -0.61%
NUVL D -0.6%
NTLA F -0.58%
PTGX C -0.58%
VERA B -0.57%
MIRM B -0.57%
ARWR F -0.54%
IDYA F -0.53%
VCYT B -0.53%
JANX C -0.51%
SRRK B -0.49%
DVAX C -0.49%
NVAX F -0.47%
ARDX F -0.47%
VCEL B -0.46%
DNLI D -0.46%
KYMR D -0.45%
SNDX F -0.44%
AKRO B -0.43%
CGON F -0.42%
ARQT C -0.42%
BCRX D -0.42%
CPRX C -0.41%
KROS D -0.36%
IRON B -0.34%
MNKD C -0.34%
CLDX F -0.34%
NRIX D -0.33%
SMMT D -0.33%
VRDN D -0.3%
RCKT F -0.28%
DAWN F -0.28%
MYGN F -0.27%
IRWD F -0.26%
TVTX B -0.26%
CGEM F -0.25%
CDNA D -0.24%
KURA F -0.24%
XNCR B -0.24%
APLT B -0.22%
CDMO B -0.22%
RCUS F -0.2%
VIR D -0.2%
EBS C -0.2%
REPL B -0.18%
HUMA F -0.18%
ALT C -0.18%
SPRY D -0.18%
AVXL B -0.17%
ARCT F -0.17%
ANNX F -0.16%
STOK F -0.16%
ETNB C -0.16%
MDXG B -0.16%
COGT D -0.16%
VERV F -0.15%
RLAY F -0.14%
OLMA F -0.13%
IMNM F -0.13%
PRTA F -0.13%
OCGN F -0.12%
ANAB F -0.12%
FDMT F -0.12%
SANA F -0.12%
RGNX F -0.12%
ALLO F -0.11%
CELC F -0.11%
SAGE F -0.11%
CCCC F -0.1%
ERAS C -0.1%
ORIC F -0.09%
FATE F -0.08%
SVRA D -0.08%
ABUS D -0.07%
KALV D -0.07%
SCLX F -0.06%
YMAB F -0.06%
ITOS F -0.06%
ALEC F -0.04%
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