DBND vs. LGHT ETF Comparison

Comparison of DoubleLine Opportunistic Bond ETF (DBND) to Langar Global HealthTech ETF (LGHT)

DBND

DoubleLine Opportunistic Bond ETF

DBND Description

Under normal circumstances, the Advisor intends to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income instruments or other investments with economic characteristics similar to fixed income instruments. It may invest in fixed income instruments of any credit quality, including those that are at the time of investment unrated or rated BB+ or lower by S&P or Ba1 or lower by Moody?s or the equivalent by any other nationally recognized statistical rating organization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.71

Average Daily Volume

48,932

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	DBND	LGHT
30 Days	-0.65%	-1.96%
60 Days	-2.72%	-2.17%
90 Days	-1.64%	-1.81%
12 Months	6.86%

1 Overlapping Holdings

	Symbol	Grade	Weight in DBND	Weight in LGHT	Overlap
	MODV	C	0.18%	0.03%	0.03%

DBND Overweight 52 Positions Relative to LGHT

Symbol	Grade	Weight
UPST	B	1.79%
COMM	D	0.77%
BNS	A	0.68%
GS	A	0.66%
JPM	A	0.62%
ABBV	F	0.61%
DLTR	F	0.59%
BAC	A	0.56%
DFS	B	0.49%
T	A	0.48%
CVS	D	0.42%
CCI	C	0.38%
BMO	A	0.38%
MAR	A	0.38%
CMCSA	B	0.38%
OC	A	0.37%
NTAP	C	0.37%
SO	C	0.36%
BA	F	0.35%
KMI	A	0.35%
ARCC	A	0.35%
MO	A	0.34%
DKS	D	0.34%
GM	C	0.34%
SYY	D	0.33%
RPRX	D	0.32%
EXPE	B	0.3%
ORCL	A	0.3%
WTW	B	0.29%
HCA	F	0.29%
CCL	A	0.26%
AAL	B	0.19%
COTY	F	0.19%
PENN	C	0.19%
PFGC	B	0.19%
POST	C	0.18%
PK	C	0.18%
GFF	A	0.18%
SPH	C	0.18%
UAL	A	0.18%
PCG	A	0.18%
NRG	B	0.17%
VSCO	C	0.17%
CHTR	C	0.17%
CACC	D	0.16%
UBER	F	0.16%
BALY	B	0.16%
SSP	F	0.16%
OMI	F	0.16%
OMF	A	0.16%
GPOR	B	0.16%
EXC	C	0.09%

DBND 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%
PHG	C	-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	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%
TBRG	B	-0.03%