SURI vs. LGHT ETF Comparison
Comparison of Simplify Exchange Traded Funds Simplify Propel Opportunities ETF (SURI) to Langar Global HealthTech ETF (LGHT)
SURI
Simplify Exchange Traded Funds Simplify Propel Opportunities ETF
SURI Description
The fund is an actively managed exchange-traded fund. The Sub-Adviser concentrates the fund's investments (i.e., invests more than 25% of its net assets) in the securities of issuers in the biotechnology, pharmaceuticals, healthcare technology, and life science tools and services industries. The Sub-Adviser employs an actively managed opportunistic multi-asset strategy that focuses on common stock, preferred stock, convertible bonds, structured notes, corporate notes and bonds, and ETFs that primarily invest in the preceding security types. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$22.15
Average Daily Volume
5,416
15
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
$10.26
Average Daily Volume
812
31
Performance
| Period | SURI | LGHT |
|---|---|---|
| 30 Days | -7.52% | -2.41% |
| 60 Days | 4.34% | -4.03% |
| 90 Days | -1.99% | -0.86% |
| 12 Months | 38.05% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SURI | Weight in LGHT | Overlap |
|---|
SURI Underweight 31 Positions Relative to LGHT
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | A | -15.39% | |
| GEHC | D | -8.56% | |
| RMD | C | -6.71% | |
| IQV | F | -6.34% | |
| DXCM | C | -5.51% | |
| PODD | A | -5.26% | |
| VEEV | C | -5.15% | |
| PHG | F | -4.87% | |
| ZBH | C | -3.57% | |
| BNTX | D | -3.53% | |
| ALGN | D | -2.85% | |
| MASI | A | -2.46% | |
| DOCS | C | -2.06% | |
| MRNA | F | -1.72% | |
| PRCT | B | -1.27% | |
| ALKS | B | -0.66% | |
| TNDM | F | -0.54% | |
| IRTC | C | -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 | D | -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% |
SURI: Top Represented Industries & Keywords
LGHT: Top Represented Industries & Keywords
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