NRSH vs. LGHT ETF Comparison
Comparison of Aztlan North America Nearshoring Stock Selection ETF (NRSH) to Langar Global HealthTech ETF (LGHT)
NRSH
Aztlan North America Nearshoring Stock Selection ETF
NRSH Description
The initial universe for the index includes companies that, according to GICS classifications, belong to one of the following industries or sub-industries: (a) Industrial REITs, (b) Office REITs, (c) Real Estate Management & Development, (d) Specialized REITs, (e) Ground Transportation, (f) Air Freight & Logistics, (g) Transportation Infrastructure, or (h) Marine Transportation. The fund will invest all, or substantially all, of its assets in the component securities that make up the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$23.22
Average Daily Volume
1,397
17
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
Performance
Period | NRSH | LGHT |
---|---|---|
30 Days | 1.99% | -3.06% |
60 Days | 1.87% | -2.46% |
90 Days | 5.01% | -0.81% |
12 Months |
0 Overlapping Holdings
Symbol | Grade | Weight in NRSH | Weight in LGHT | Overlap |
---|
NRSH Underweight 31 Positions Relative to LGHT
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% |
NRSH: Top Represented Industries & Keywords
LGHT: Top Represented Industries & Keywords