XHS vs. LGHT ETF Comparison

Comparison of SPDR S&P Health Care Services ETF (XHS) to Langar Global HealthTech ETF (LGHT)

XHS

SPDR S&P Health Care Services ETF

XHS 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 health care providers and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Services 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 health care services industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$92.60

Average Daily Volume

4,057

Number of Holdings ^*

* 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

$10.25

Average Daily Volume

820

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XHS	LGHT
30 Days	-4.20%	-4.07%
60 Days	-4.44%	-3.03%
90 Days	-4.11%	-1.92%
12 Months	9.54%

6 Overlapping Holdings

Symbol	Grade	Weight in XHS	Weight in LGHT	Overlap
ACCD	F	0.64%	0.07%	0.07%
ALHC	C	1.14%	0.2%	0.2%
LFST	C	1.24%	0.31%	0.31%
MODV	D	0.52%	0.03%	0.03%
PGNY	F	1.21%	0.25%	0.25%
PRVA	C	2.1%	0.44%	0.44%

XHS Overweight 52 Positions Relative to LGHT

Symbol	Grade	Weight
HIMS	C	2.63%
HQY	A	2.56%
RDNT	B	2.5%
MCK	A	2.46%
GH	B	2.36%
PINC	B	2.35%
EHC	B	2.27%
LH	B	2.26%
CAH	B	2.24%
SEM	B	2.21%
DGX	A	2.13%
RCM	A	2.12%
COR	B	2.12%
THC	C	2.1%
UNH	C	2.09%
CHE	F	2.05%
ENSG	D	2.0%
CVS	F	1.99%
DVA	C	1.98%
HSIC	C	1.98%
ADUS	D	1.96%
AMED	F	1.95%
PDCO	F	1.87%
CI	D	1.86%
HUM	D	1.84%
HCA	F	1.83%
UHS	D	1.81%
MOH	F	1.79%
USPH	C	1.7%
SGRY	F	1.67%
CRVL	A	1.65%
CNC	F	1.63%
ELV	F	1.55%
BKD	F	1.48%
OMI	F	1.48%
NEO	C	1.45%
OPCH	F	1.45%
MD	C	1.41%
AHCO	D	1.25%
CLOV	D	1.25%
CSTL	C	1.24%
AMN	F	1.06%
ACHC	F	1.05%
NHC	B	1.02%
ASTH	F	1.01%
AGL	F	1.01%
PNTG	D	0.71%
OPK	B	0.64%
CYH	F	0.63%
CCRN	F	0.59%
FLGT	F	0.42%
NRC	F	0.31%

XHS Underweight 25 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	B	-5.26%
VEEV	C	-5.15%
PHG	F	-4.87%
ZBH	C	-3.57%
BNTX	C	-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	F	-0.54%
IRTC	C	-0.44%
OMCL	C	-0.42%
TDOC	D	-0.28%
EVH	F	-0.22%
SDGR	C	-0.21%
GDRX	F	-0.2%
PHR	F	-0.17%
TBRG	A	-0.03%