BINV vs. LGHT ETF Comparison

Comparison of Brandes International ETF (BINV) to Langar Global HealthTech ETF (LGHT)

BINV

Brandes International ETF

BINV Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of foreign companies. The fund typically invests in foreign companies with market capitalizations (market value of publicly traded equity securities) greater than $5 billion at the time of purchase.

Grade (RS Rating)

Last Trade

$30.29

Average Daily Volume

19,284

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

$10.35

Average Daily Volume

915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BINV	LGHT
30 Days	-5.02%	-1.96%
60 Days	-5.41%	-2.17%
90 Days	-5.40%	-1.81%
12 Months	14.06%

1 Overlapping Holdings

	Symbol	Grade	Weight in BINV	Weight in LGHT	Overlap
	PHG	C	1.35%	4.87%	1.35%

BINV Overweight 17 Positions Relative to LGHT

Symbol	Grade	Weight
BABA	D	2.81%
ERJ	A	2.42%
GSK	F	2.29%
GRFS	C	2.02%
ABEV	F	1.76%
SAP	B	1.68%
SNN	D	1.65%
BCS	A	1.51%
NVS	F	1.42%
CX	F	1.32%
E	F	1.2%
OTEX	F	1.15%
HMC	F	1.13%
MUFG	B	1.05%
SHG	C	0.78%
VIV	F	0.78%
TSM	B	0.64%

BINV Underweight 30 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	C	-5.26%
VEEV	C	-5.15%
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	D	-0.54%
IRTC	C	-0.44%
PRVA	C	-0.44%
OMCL	C	-0.42%
LFST	B	-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	D	-0.07%
MODV	C	-0.03%
TBRG	B	-0.03%