TINT vs. LGHT ETF Comparison

Comparison of ProShares Smart Materials ETF (TINT) to Langar Global HealthTech ETF (LGHT)
TINT

ProShares Smart Materials ETF

TINT Description

ProShares Smart Materials ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on making or applying industrial innovations which allow for improved products, processes, or techniques through advanced, responsive, or intelligent materials sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Solactive Smart Materials Index, by using full replication technique. ProShares Smart Materials ETF was formed on October 26, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.77

Average Daily Volume

91

Number of Holdings *

16

* may have additional holdings in another (foreign) market
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

$10.63

Average Daily Volume

374

Number of Holdings *

8

* may have additional holdings in another (foreign) market
Performance
Period TINT LGHT
30 Days 2.40% 0.34%
60 Days 7.78% 6.26%
90 Days 1.57% 4.35%
12 Months 13.66%
0 Overlapping Holdings
Symbol Grade Weight in TINT Weight in LGHT Overlap
TINT Overweight 16 Positions Relative to LGHT
Symbol Grade Weight
MMM B 6.49%
GLW C 6.28%
OLED C 5.89%
DD B 5.14%
CBT B 5.12%
AXTA C 5.08%
LPL D 4.44%
PPG D 4.29%
HUN B 4.29%
AMAT D 4.2%
HXL F 4.17%
MRK F 3.81%
CC D 3.11%
CSTM D 2.57%
NGVT D 1.6%
HIMX F 1.04%
TINT Underweight 8 Positions Relative to LGHT
Symbol Grade Weight
ISRG C -22.61%
GEHC B -6.69%
DXCM F -5.93%
IQV F -5.91%
RMD C -5.43%
PHG A -5.04%
VEEV C -4.53%
ZBH F -3.58%
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