REMX vs. LGHT ETF Comparison
Comparison of VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) to Langar Global HealthTech ETF (LGHT)
REMX
VanEck Vectors Rare Earth/Strategic Metals ETF
REMX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Rare Earth/Strategic Metals Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes companies primarily engaged in a variety of activities that are related to the producing, refining and recycling of rare earth and strategic metals and minerals. It is non-diversified.
Grade (RS Rating)
Last Trade
$48.22
Average Daily Volume
142,143
5
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
$10.28
Average Daily Volume
686
31
Performance
Period | REMX | LGHT |
---|---|---|
30 Days | 1.45% | -3.23% |
60 Days | 20.88% | -3.02% |
90 Days | 23.23% | 2.70% |
12 Months | -16.59% |
0 Overlapping Holdings
Symbol | Grade | Weight in REMX | Weight in LGHT | Overlap |
---|
REMX Underweight 31 Positions Relative to LGHT
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | B | -14.59% | |
GEHC | D | -9.12% | |
RMD | A | -7.12% | |
IQV | F | -6.5% | |
DXCM | C | -5.26% | |
PHG | D | -5.01% | |
VEEV | B | -4.73% | |
PODD | A | -4.72% | |
BNTX | B | -3.9% | |
ZBH | C | -3.55% | |
ALGN | F | -2.67% | |
MRNA | F | -2.38% | |
MASI | A | -2.24% | |
DOCS | A | -1.67% | |
PRCT | A | -1.35% | |
TNDM | F | -0.6% | |
ALKS | F | -0.6% | |
OMCL | B | -0.45% | |
EVH | D | -0.41% | |
IRTC | C | -0.39% | |
PRVA | B | -0.38% | |
LFST | C | -0.3% | |
TDOC | C | -0.29% | |
PGNY | F | -0.28% | |
GDRX | F | -0.27% | |
ALHC | A | -0.2% | |
SDGR | F | -0.19% | |
PHR | F | -0.15% | |
ACCD | F | -0.06% | |
TBRG | A | -0.03% | |
MODV | F | -0.03% |
REMX: Top Represented Industries & Keywords
LGHT: Top Represented Industries & Keywords